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Recruitment Chatbots Market Size, Share, Growth, Forecast, Industry Outlook, Overview | Valuates Reports
Recruitment Chatbots MarketRecruitment Chatbot, also known as conversational agent, is a type of software designed to mimic human conversational abilities during the recruiting process. A recruitment chatbot is a platform that uses numerous digitized dialogs in order to create live communication through instant messengers. Recruitment chatbots are employed to convey assured information to a large number of applicants in order to provide answers to questions, or to gather specific information from the candidates. Furthermore, recruitment chatbots are used by HR teams in organizations or enterprises to reduce the time taken for the entire recruitment process.
The global Recruitment Chatbots market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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North American market for Recruitment Chatbots is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Recruitment Chatbots is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
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The global market for Recruitment Chatbots in Government is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Recruitment Chatbots include Ideal, TalentLyft, Engati, Makerobos Innovation Labs, Mantra Labs, iSmartRecruit, XOR's, Paradox and Eightfold AI, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Recruitment Chatbots, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Recruitment Chatbots.
The Recruitment Chatbots market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Recruitment Chatbots market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Recruitment Chatbots companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Key Segmentations
By Company
• Ideal
• TalentLyft
• Engati
• Makerobos Innovation Labs
• Mantra Labs
• iSmartRecruit
• XOR's
• Paradox
• Eightfold AI
• Humanly HR Inc
• Symphony Talent, LLC
• Mya Systems, Inc
• AllyO
• Talkpush
• Wade & Wendy, Inc
• Leoforce, LLC
• Brazen Technologies, Inc
• Espressive, Inc
Segment by Type
• by Component
• Software
• Service
• by Deployment
• On-premise
• Cloud
Segment by Application
• Government
• Commercial Enterprises
• Educational Institution
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