Press release
Video Interview Software Market is set to Fly High Growth in Years to Come | Hirevue, Sonru, Vidcruiter
Video Interview Software Market
Major Key Players in This Report Include:
Hirevue (United States), Spark Hire (United States), Sonru (Ireland), Interviewstream (United States), Myinterview (Australia), Kira Talent (Canada), Vidcruiter (Canada), Recright (Finland), Greenjobinterview (United States), Breezy Hr (United States).
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According to HTF Market Intelligence, the Global Video Interview Software market grow with at a CAGR of 12.9% during forecast period of 2024-2030. It's crucial you stay up with the latest sectioned by Applications [Healthcare, IT and Telecom, BFSI (Banking, Financial Services, and Insurance], Product Types [Live Interview, Pre-Recorded Interview] and some significant parts of the business.
Definition:
Video interview software is a tool that helps conduct virtual interviews thus eliminating need for traditional time consuming hiring process. Amid growing digitalization, enterprises such as Google, Microsoft, BASF, Apple, Twitter, Facebook and others are conducting interviews over software and trend seems to be adopted by other enterprises as well. Recently, it has been observed that over 60% of recruiting firms are depending on applicants tracking system (ATS) for their hiring needs which is expected to propel the very market.
Market Trends:
• Rising Demand for Mobile Support Based Video Interviewing
Software Solution
• Growing Use of Pay Per Interview/Job Model Software
Market Drivers:
• Benefits Offered by Video Interviewing Such as Reduced Hiring Time
and Cost
• Growing Focus on Automation in Recruitment by Large Enterprises
Market Opportunities:
• Ever Growing Race to Get Better Employer Branding Among
Enterprises
• Launching of User Friendly Video Software Recruitment Solution
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel,
Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru,
Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium,
Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia,
Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Interpretative Tools in the Market: The report integrates the entirely examined and evaluated information of the prominent players and their position in the market by methods for various descriptive tools. The methodical tools including SWOT analysis, Porter's five forces analysis, and investment return examination were used while breaking down the development of the key players performing in the market.
Key Growths in the Market: This section of the report incorporates the essential enhancements of the marker that contains assertions, coordinated efforts, R&D, new item dispatch, joint ventures, and associations of leading participants working in the market.
Key Points in the Market: The key features of this Video Interview Software market report includes production, production rate, revenue, price, cost, market share, capacity, capacity utilization rate, import/export, supply/demand, and gross margin. Key market dynamics plus market segments and sub-segments are covered.
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and
taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw
material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends,
attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation,
research, and development)
• Legal (Employment legislation, consumer law, health, and safety,
international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste
disposal, and sustainability)
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Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, or Southeast Asia.
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.
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