AI Recruitment Market Expected to Reach US$1,019.1 Million by 2031 - SAP SE, Zoho Corporation, Google LLC, IBM Corporation oracle Corporation,

The Ai Recruitment Market study by DataM Intelligence offer an in-depth analysis of the market, presenting insightful observations, statistics, historical data, and industry-validated market insights. The report delves into the competitive positioning of key companies, examining factors such as product offerings, pricing strategies, financial health, product portfolios, growth initiatives, and geographical reach.

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What is the projected growth rate (CAGR) of the Global Ai Recruitment market from 2024 to 2031, and what is the market value expected to change by 2031?

The Global AI Recruitment Market reached US$ 605.4 Million in 2022 and is expected to reach US$ 1,019.1 Million by 2031, growing with a CAGR of 6.7% during the forecast period 2024-2031.

AI recruitment refers to the use of artificial intelligence technologies to streamline and enhance the hiring process. This includes automating resume screening, conducting candidate assessments, and using predictive analytics to identify the best-fit candidates. AI recruitment tools can also reduce bias, improve efficiency, and provide data-driven insights to optimize hiring strategies. It empowers organizations to attract and retain top talent more effectively.

Key Developments:

❁ On December 05, 2023, RedNevada. AI the leading provider of AI-enabled software launched RAI, the most comprehensive and advanced recruitment and resourcing co-pilot solution in the market. The tool was extensively tested with a wide range of pilot customers across multiple geographies and industries to ensure efficiency and cost saving and that it properly assisted the people who will directly benefit from a toolset such as RAI.

List of the Key Players in the Ai Recruitment Market:

SAP SE, Zoho Corporation, Google LLC, IBM Corporation oracle Corporation, Automatic Data Processing, LCC, Ultimate Software, SmartRecruiters, Jobvite and CVViZ Softwares Pvt Ltd.

Research Process:

Both primary and secondary data sources have been used in the global Ai Recruitment Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Segment Covered in the Ai Recruitment Market:

By Product: Solution, Services

By Application: Process automation, Campaigning, Candidate screening, Candidate communication, Others

By End-User: Retail and ecommerce, Banking, financial and insurance, Healthcare, Hospitality, Energy, Government, Enterprise, Manufacturing, Others

Regional Breakout:

The global Ai Recruitment Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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Regional Analysis:

The global Ai Recruitment Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Ai Recruitment Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

⏩ Market Overview: It contains chapter wise data, as well as information about the research scope, major manufacturers covered, market segments, Ai Recruitment market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Ai Recruitment Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Ai Recruitment market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Ai Recruitment Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently Asked Questions

✹ What is the expected growth rate of the global market for the forecast period?

✹ What are the key driving factors that are responsible to shape the fate of the Ai Recruitment market during the forecast period?

✹ What will be the overall size of the market during the analysis period?

✹ What are the prominent market trends which influence the development of the Ai Recruitment market across various regions?

✹ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?

✹ What are the challenges and threats that are likely to act as a barrier to the growth of the Ai Recruitment market?

✹ What are the major opportunities that the companies can get to attain success in the world?

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