Insights on the Recruitment Software Global Market to 2027

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Dublin, Jan. 11, 2023 (GLOBE NEWSWIRE) — The “Recruitment Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to’s offers.

The global recruitment software market size reaches US$ 2 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 2.8 Billion by 2027, exhibiting a CAGR of 5.77% during 2021-2027.

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.

The recruitment software is used by talent acquisition and hiring managers to optimize the recruitment process and candidate flow. It is primarily used by the organizations to maintain a database of candidates, publish vacancies, process applications, schedule interviews and collect candidate feedback.

This software is an amalgamation of applicant tracking systems (ATS), candidate relationship management (CRM) systems and interviewing software. It can also perform pre-hire assessments and background checks, followed by onboard training and orientation of new employees, thereby enhancing the efficiency of hiring managers and the organization.

The increasing penetration rate of cloud-based platforms, along with the adoption of mobile-based recruitment systems, is one of the key factors driving the growth of the market. Organizations are rapidly adopting automated resume screening methods that use artificial intelligence (AI) to assess the level of skills and experience of the candidate. The software also utilizes optical trackers and machine learning (ML) systems to identify market trends and patterns through transactional activities and analytical inputs.

Furthermore, organizations are increasingly emphasizing on enhancing the candidate experience, along with improving their organizational efficiency, which is contributing to the widespread adoption of these systems across the globe. Other factors, including the emergence of social recruiting trends, a growing need to replace traditional hiring methods to minimize paperwork, wastage of resources and costs, coupled with the increasing number of start-up companies, especially in the developing economies, are projected to drive the market further.

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Accenture Plc, ADP LLC, Ceridian HCM Inc., Cognizant Technology Solutions, Cornerstone OnDemand, iCIMS, Kenexa Corporation (IBM), Oracle, PeopleAdmin, SAP, SumTotal Systems Inc., Zoho Corporation, etc.

Key Questions Answered in This Report:

  • How has the global recruitment software market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global recruitment software market?
  • What is the breakup of the market based on the deployment model?
  • What is the breakdown of the market based on the component?
  • What is the breakup of the market based on the enterprise size?
  • What is the breakup of the market based on the vertical?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the market?
  • What is the structure of the global recruitment software market and who are the key players?
  • What is the degree of competition in the market?
Report Attributes Details
No. of Pages 144
Forecast Period 2021 – 2027
Estimated Market Value (USD) in 2021 $2 Billion
Forecasted Market Value (USD) by 2027 $2.8 Billion
Compound Annual Growth Rate 5.7%
Regions Covered Global

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introductions
4.1 Overview
4.2 Key Industry Trends

5 Global Recruitment Software Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecasts

6 Market Breakup by Deployment Model
6.1 On-premises
6.1.1 Market Trends
6.1.2 Market Forecasts
6.2 SaaS Based
6.2.1 Market Trends
6.2.2 Market Forecasts

7 Market Breakup by Component
7.1 Software
7.1.1 Market Trends
7.1.2 Major Types Contact Management Resume Management Mobile Recruitment Reporting and Analytics Workflow Management Others
7.1.3 Market Forecasts
7.2 Services
7.2.1 Market Trends
7.2.2 Major Types Professional Managed
7.2.3 Market Forecasts

8 Market Breakup by Enterprise Size
8.1 Small and Medium-Sized Enterprises
8.1.1 Market Trends
8.1.2 Market Forecasts
8.2 Large Enterprises
8.2.1 Market Trends
8.2.2 Market Forecasts

9 Market Breakups by Vertical
9.1 Manufacturing
9.1.1 Market Trends
9.1.2 Market Forecasts
9.2 Healthcare
9.2.1 Market Trends
9.2.2 Market Forecasts
9.3 Hospitality
9.3.1 Market Trends
9.3.2 Market Forecasts
9.4 BFSI
9.4.1 Market Trends
9.4.2 Market Forecasts
9.5 Education
9.5.1 Market Trends
9.5.2 Market Forecasts
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecasts

10 Market Breakups by Region

11 SWOT Analysis

12 Value Chain Analysis

13 Porters Five Forces Analysis

14 Competitive Landscapes
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Accenture Plc Company Overview Product Portfolio Financials SWOT Analysis
14.3.2 ADP LLC Company Overview Product Portfolio
14.3.3 Ceridian HCM Inc. Company Overview Product Portfolio Financials
14.3.4 Cognizant Technology Solutions Company Overview Product Portfolio Financials SWOT Analysis
14.3.5 Cornerstone OnDemand Company Overview Product Portfolio
14.3.6 iCIMS Company Overview Product Portfolio
14.3.7 Kenexa Corporation (IBM) Company Overview Product Portfolio
14.3.8 Oracles Company Overview Product Portfolio Financials SWOT Analysis
14.3.9 PeopleAdmin Company Overview Product Portfolio
14.3.10 SAP Company Overview Product Portfolio
14.3.11 SumTotal Systems Inc. Company Overview Product Portfolio
14.3.12 Zoho Corporation Company Overview Product Portfolio

For more information about this report visit

  • Global Recruitment Software Market


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