AI Recruitment Market - Major Technology Giants in Buzz Again | Google LLC, IBM, Oracle

The Latest research coverage on AI Recruitment Market provides a detailed overview and accurate market size. The study is designed considering current and historical trends, market development and business strategies taken up by leaders and new industry players entering the market. Furthermore, study includes an in-depth analysis of global and regional markets along with country level market size breakdown to identify potential gaps and opportunities to better investigate market status, development activity, value and growth patterns.

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Major & Emerging Players in AI Recruitment Market:-
Google LLC (United States), IBM Corporation (United States), Oracle Corporation (United States), Automatic Data Processing LCC (United States), Ultimate Software (United States), SmartRecruiters (United States), Jobvite (United States), CVViZ Softwares Pvt Ltd (India), SAP SE (Germany), Zoho Corporation (India),

The AI Recruitment Market Study by AMA Research gives an essential tool and source to Industry stakeholders to figure out the market and other fundamental technicalities, covering growth, opportunities, competitive scenarios, and key trends in the AI Recruitment market.

AI for recruiting is the application of machine learning abilities, such as learning or problem-solving, to the recruitment function. AI for resume screening replicates the way a human evaluates a resume and can assign a score to each candidate based on this objective analysis. AI for recruiting becomes increasingly valuable as the technology learns what top candidates look like at each individual organization. AI for recruiting also offers the ability to “rediscover” candidates. Large retailers are sitting on top of a goldmine of interested candidates. According to a survey of talent acquisition leaders, 56% say their hiring volume will increase this year, but 66% of recruiting teams will either stay the same size or contract. Their success will depend on intelligently automating some parts of their workflow. According to an estimate by CB Insights, approximately, more than USD 6bn has been invested into more than 1,000 AI start-ups globally in the past 3 years. AI tools are expected to create value to the tune of USD 3tn by 2021.

On 17th September 2019, Oracle has announced the availability of its AI-trained voice with Oracle Digital Assistant. Now, enterprise customers can use voice commands to communicate with their enterprise applications to drive desired actions and outcomes, enriching the user experience with conversational AI, simplifying interactions and improving productivity.
On 25th September 2019, McDonald’s has announced a new initiative the fast-food chain is calling the “Apply Thru,” in which owners of Amazon Alexa or Google Assistant devices can begin job applications using standard “Alexa” and “Ok Google” voice commands.

The titled segments and sub-section of the market are illuminated below:
by Type (Candidate Discovery, Candidate Relationship Management, Job Market Forecasting, Ad Automation, Candidate Assessments, Others), End User Industry (IT and Telecommunication, Retail, Healthcare, Education, Others)

Market Trends:
Increased Use of Automation to Offload Administrative Tasks
Chatbots in the Pre-application Process
Opportunities:
Leveraging Predictive Algorithms and Machine Learning to Assess Candidates’
Personality Traits
Growing Demand for Automated Social Media Scraping Tools
Market Drivers:
Rising Demand due to Time Saving Services
High Demand due to Improving the Quality of Hire Through Standardized Job Matching
Challenges:
Lack of Human Touch

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Some Point of Table of Content:
Chapter One: Report Overview
Chapter Two: Global Market Growth Trends
Chapter Three: Value Chain of AI Recruitment Market
Chapter Four: Players Profiles
Chapter Five: Global AI Recruitment Market Analysis by Regions
Chapter Six: North America AI Recruitment Market Analysis by Countries
Chapter Seven: Europe AI Recruitment Market Analysis by Countries
Chapter Eight: Asia-Pacific AI Recruitment Market Analysis by Countries
Chapter Nine: Middle East and Africa AI Recruitment Market Analysis by Countries
Chapter Ten: South America AI Recruitment Market Analysis by Countries
Chapter Eleven: Global AI Recruitment Market Segment by Types
Chapter Twelve: Global AI Recruitment Market Segment by Applications

What are the market factors that are explained in the AI Recruitment Market report?
- Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
- Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
- Analytical Tools: The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

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