Recruiting automation is the technology that helps companies to automate the recruiting process and workflow that accelerates and increases the productivity of the companies and firms by reducing the cost-per-hire and improving the overall talent acquisition profile of the organization. Streamlining the aspects of the recruitment workflow with the help of recruitment automation software will enhance the human recruiter’s capabilities, making it easier for the organization or a firm to deal with the hiring and recruitment process. This will lead to the adoption of AI, machine learning and predictive analytics technologies.
Market by Top Companies, this report covers
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The recruitment automation software is used to automate the process of sourcing, shortlisting, pipelining and selecting qualified candidates for the preferred job role.
This software helps to provide a competitive advantage in hiring for companies, as the companies look forward to achieving better results in a short period of time with limited resources as compared to the goals set by them. This software also helps to post jobs on various platforms simultaneously. The software processes the search through API integrations and consists of automatic CV screening and shortlisting algorithms to ease the tasks of users.
The global recruitment automation software market report estimates the rise in the global share and size of the market for the expected forecast period between 2019 to 2024. The report also presents the market status and outlook of the key players and countries advancing in the field of recruitment automation software. The advances in technology in finance, sales, and marketing segments have led to the adoption of recruitment automation software in almost every sector all over the world.
Improving internet connectivity and modern trend if global digitalization has led to the expansion of the global recruitment automation software market. Web-Based and Cloud-Based recruitment automation software are the two product types that are making the recruitment process more efficient by allowing the recruiters to access the data and services from remote locations by eliminating the need for any on-premise system and software installation. These cloud-based and web-based recruitment automation software also offer the benefit of quicker implementation and better ROI. And based on the market segmentation by application, the global product market has been classified into Large Enterprise and SME (Small and Medium Enterprise).
Countries like France, United States, Colombia, UAE, Nigeria, Italy, UK, Russia, Germany, Canada, Mexico, Suadi Arabia, Egypt, and South Africa are the rising and developing hubs for the recruitment automation software market. Asia-Pacific region is expected to occupy more market share and dominate the global product market in the following years with China and India as the major countries, as suggested in the report. North America, especially the United States will continue to play an important role and any changes in the United States market can affect the development trend of the global recruitment automation software market. Europe is also playing an important role in driving the growth of the global recruitment automation software market.
Sberbank, a Russian banking and financial services company has automated the recruitment of developers for the SberStart program with the support of Skillz, the developer of the recruitment automation solution. SberStart is a three-month commercial program that will enable the banking company to reduce the workload of recruiters and increase the employment speed.
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Table of Contents –Analysis of Key Points
1 Recruitment Automation Software Market Overview
2 Manufacturers Profiles
3 Global Recruitment Automation Software Market Competition, by Players
4 Global Recruitment Automation Software Market Size by Regions
5 North America Recruitment Automation Software Revenue by Countries
6 Europe Recruitment Automation Software Revenue by Countries
7 Asia-Pacific Recruitment Automation Software Revenue by Countries
8 South America Recruitment Automation Software Revenue by Countries
9 Middle East and Africa Revenue Recruitment Automation Software by Countries
10 Global Recruitment Automation Software Market Segment by Type
11 Global Recruitment Automation Software Market Segment by Application
12 Global Recruitment Automation Software Market Size Forecast (2019-2024)
13 Research Findings and Conclusion
List of Tables and Figures
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