The global online recruitment software market was valued at US$ 1071.44 Mn in 2020 and is anticipated to witness a compound annual growth rate of +5.9% over the forecast period (2021-2030). The recently published by Absolute Markets Insights report examines the global Online Recruitment Software Market for the projected period of 2021 to 2030. The report highlights the achievement and opportunities lies in the market throughout the forecasted period. The report offers the thorough information about the overview and the scope of the global Online Recruitment Software market along with its drivers, restraints, and trends. It also classifies the market into different segments, such as type, application and by-products. In short, this report comprises of all the necessary details of the global Online Recruitment Software markets such as value/volume data, marketing strategies, and expert views. Full details of distribution channels such as suppliers, traders, wholesalers, manufacturers, distributors and consumers were also presented in this report.
Top Players of Global Online Recruitment Software Market are Studied: Bullhorn, Inc., ClearCompany, Cornerstone, CVViZ Softwares Pvt Ltd, Greenhouse Software, Inc., iCIMS, Jobsoid Inc., Lever, Oracle, Recruiterbox Inc, SAP SE, SmartRecruiters, SumTotal Systems, LLC, Talentpool, Talentsoft, Ultimate Software, Workday, Inc., Zoho Corporation Pvt. Ltd., and other market participants
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The component segment of the global online recruitment software market is bifurcated into solutions and services. The solutions segment is further bifurcated into cloud-based and on-premise solutions. In 2019, the on-premise segment accounted for the highest share in the market, however, the cloud-based solutions is expected to register highest growth rate over the forecast period, owing to the changing work culture across the globe. Cloud solutions are being highly adopted by organizations as they can be accessible from anywhere through a proper internet connection. The deployment of cloud solutions also enables companies to adopt Bring Your Own Device (BYOD) culture, thereby, helping them to save cost on maintaining computer systems and laptops for each department.
The global online recruitment software market, based on application is bifurcated into integrated and standalone solutions. The standalone solutions are further classified into application tracking, candidate on-boarding & management, and report & analytics amongst others. In 2019, the on-boarding and management solutions accounted for a substantial share in the market owing to its rising adoption among large enterprises to centralize the overall employee on-boarding and management processes, thereby, ensuring better efficiency and productivity of the recruiting department.
The global online recruitment software market, based on platform is bifurcated into web-based solution and Application based solution. The web-based solution in 2019, registered a substantial share in the market owing to the flexibility offered by web-based solutions to the human resource department. Web applications can be used from any device without the need for prior update or download in desktops or laptops, thereby saving space on the same.
Global Online Recruitment Software Market:
By Component
- Solutions
- Cloud-Based
- On-Premise
- Services
- Training and Support Services
- Consulting Services
- Others
By Application
- Integrated
- Standalone
- Applicant Tracking
- Candidate On-boarding and Management
- Reporting and Analytics
- Others
By Platform
- Web-Based
- Application-Based
By Organization Size
- Small and Medium Organization
- Large Organization
By End Users
- Recruitment Agencies
- Enterprises
- Hospitality
- Travel
- Banking, Financial Services and Insurance
- Information Technology
- Healthcare
- Real Estate
- Retail
- Manufacturing
- Others
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