PUBLISHER: Acute Market Reports | PRODUCT CODE: 1139494
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1139494
Talent Acquisition & Staffing Technology & Services Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
"Increasing Focus on Recruitment Marketing and Brand Building Is Driving the Talent Acquisition and Staffing Technology & Services Market"
Globally, the talent acquisition and staffing technology & services market is expected to grow with a CAGR of 6.5% during the forecast period from 2022 to 2030. The market growth is primarily driven by the increasing focus by the organizations on recruitment marketing, brand building, employee engagement and culture development is the primary factor driving market growth. The organizations are focusing heavily on the brand development strategies to acquire talent, increase employee retention rate and offer higher employee engagement.
The enterprises are also leveraging on the recruitment marketing solutions such as CRMs, analytics & reporting tools to connect with potential candidate in the hiring process. Furthermore, the increasing adoption of the advance technologies in the recruitment process is also acting as one of the major force driving the growth of the market. However, the high capital cost of the systems is acting as an inhibitor in the growth in the market. Moreover, the data safety and security issues associated with the systems are also hindering the growth of the market.
"Technologies Is Dominating the Talent Acquisition And Staffing Technology & Services Market"
The talent acquisition and staffing technology & services market is segmented based on the category into technologies, services, and marketing advertising. Technologies dominated the market with more than 43% share in the revenue. The growth of the market is credited to the increasing adoption of the advance technologies such as Big Data, cloud computing and analytics tools. The organizations are leveraging on the publically available information of the prospective candidates to screen their data and acquire better picture of potential employee. Furthermore, the advancement in the technologies such as development of intelligent algorithms is also driving the growth of the market.
"North America Led the Talent Acquisition and Staffing Technology & Services Market"
North America controlled the talent acquisition and staffing technology & services market with 38% share in the revenue. The market growth here is driven by the increasing adoption of the advance technologies among the enterprises for the recruitment purposes. Furthermore, the increasing shortage of the skilled professionals is also encouraging the demand for recruitment solutions across enterprises. Additionally, the rising adoption of smartphones and growing internet penetration in the region is supporting the market growth.
The prominent players in the talent acquisition and staffing technology & services market are Acendre, ADP LLC., BambooHR LLC, CareerBuilder LLC, CornerStone OnDemand Inc., IBM Corporation, Infor, Krones Incorporated, Linkedin Corporation, Lumesse Inc., Oracle Corporation, Paycom Software Inc., PeopleFluent Inc, Randstad Holding NV, Saba Software Inc., SAP SE, Skillsoft Corporation, The Adecco Group, Ultimate Software Group Inc., and Workday Inc.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Talent Acquisition & Staffing Technology & Services market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report
Micro and macro environment factors that are currently influencing the Talent Acquisition & Staffing Technology & Services market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Category
Marketing & Advertising
Technology
Service
Platform
Internal Referrals
Social Platform
Other Internet Referrals
Application
BFSI
Education
Energy
Healthcare
IT & Telecommunication
Manufacturing
Retail
Transportation
Others
Region Segment (2020-2030; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
Pre COVID-19 situation
Post COVID-19 situation
Key questions answered in this report:
What are the key micro and macro environmental factors that are impacting the growth of Talent Acquisition & Staffing Technology & Services market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2030.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Talent Acquisition & Staffing Technology & Services market?
Which is the largest regional market for Talent Acquisition & Staffing Technology & Services market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Talent Acquisition & Staffing Technology & Services market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Talent Acquisition & Staffing Technology & Services market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Talent Acquisition & Staffing Technology & Services Market
- 2.2. Global Talent Acquisition & Staffing Technology & Services Market, By Category, 2021 (US$ Million)
- 2.3. Global Talent Acquisition & Staffing Technology & Services Market, By Platform, 2021 (US$ Million)
- 2.4. Global Talent Acquisition & Staffing Technology & Services Market, By Application, 2021 (US$ Million)
- 2.5. Global Talent Acquisition & Staffing Technology & Services Market, By Geography, 2021 (US$ Million)
- 2.6. Impact of Covid 19
- 2.7. Attractive Investment Proposition by Geography, 2021
- 2.8. Competitive Analysis
- 2.8.1. Market Positioning of Key Talent Acquisition & Staffing Technology & Services Market Vendors
- 2.8.2. Strategies Adopted by Talent Acquisition & Staffing Technology & Services Market Vendors
- 2.8.3. Key Industry Strategies
3. Talent Acquisition & Staffing Technology & Services Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Talent Acquisition & Staffing Technology & Services Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Talent Acquisition & Staffing Technology & Services Market: By Category, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Marketing & Advertising
- 4.3.2. Technology
- 4.3.3. Service
5. Talent Acquisition & Staffing Technology & Services Market: By Platform, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. Internal Referrals
- 5.3.2. Social Platform
- 5.3.3. Other Internet Referrals
6. Talent Acquisition & Staffing Technology & Services Market: By Application, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Growth & Revenue Analysis: 2021 Versus 2030
- 6.3. Market Segmentation
- 6.3.1. BFSI
- 6.3.2. Education
- 6.3.3. Energy
- 6.3.4. Healthcare
- 6.3.5. IT & Telecommunication
- 6.3.6. Manufacturing
- 6.3.7. Retail
- 6.3.8. Transportation
- 6.3.9. Others
7. North America Talent Acquisition & Staffing Technology & Services Market, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Talent Acquisition & Staffing Technology & Services Market: By Category, 2020-2030, USD (Million)
- 7.3. Talent Acquisition & Staffing Technology & Services Market: By Platform, 2020-2030, USD (Million)
- 7.4. Talent Acquisition & Staffing Technology & Services Market: By Application, 2020-2030, USD (Million)
- 7.5.Talent Acquisition & Staffing Technology & Services Market: By Region, 2020-2030, USD (Million)
- 7.5.1.North America
- 7.5.1.1. U.S.
- 7.5.1.2. Canada
- 7.5.1.3. Rest of North America
- 7.5.1.North America
8. UK and European Union Talent Acquisition & Staffing Technology & Services Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Talent Acquisition & Staffing Technology & Services Market: By Category, 2020-2030, USD (Million)
- 8.3. Talent Acquisition & Staffing Technology & Services Market: By Platform, 2020-2030, USD (Million)
- 8.4. Talent Acquisition & Staffing Technology & Services Market: By Application, 2020-2030, USD (Million)
- 8.5.Talent Acquisition & Staffing Technology & Services Market: By Region, 2020-2030, USD (Million)
- 8.5.1.UK and European Union
- 8.5.1.1. UK
- 8.5.1.2. Germany
- 8.5.1.3. Spain
- 8.5.1.4. Italy
- 8.5.1.5. France
- 8.5.1.6. Rest of Europe
- 8.5.1.UK and European Union
9. Asia Pacific Talent Acquisition & Staffing Technology & Services Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Talent Acquisition & Staffing Technology & Services Market: By Category, 2020-2030, USD (Million)
- 9.3. Talent Acquisition & Staffing Technology & Services Market: By Platform, 2020-2030, USD (Million)
- 9.4. Talent Acquisition & Staffing Technology & Services Market: By Application, 2020-2030, USD (Million)
- 9.5.Talent Acquisition & Staffing Technology & Services Market: By Region, 2020-2030, USD (Million)
- 9.5.1.Asia Pacific
- 9.5.1.1. China
- 9.5.1.2. Japan
- 9.5.1.3. India
- 9.5.1.4. Australia
- 9.5.1.5. South Korea
- 9.5.1.6. Rest of Asia Pacific
- 9.5.1.Asia Pacific
10. Latin America Talent Acquisition & Staffing Technology & Services Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Talent Acquisition & Staffing Technology & Services Market: By Category, 2020-2030, USD (Million)
- 10.3. Talent Acquisition & Staffing Technology & Services Market: By Platform, 2020-2030, USD (Million)
- 10.4. Talent Acquisition & Staffing Technology & Services Market: By Application, 2020-2030, USD (Million)
- 10.5.Talent Acquisition & Staffing Technology & Services Market: By Region, 2020-2030, USD (Million)
- 10.5.1.Latin America
- 10.5.1.1. Brazil
- 10.5.1.2. Mexico
- 10.5.1.3. Rest of Latin America
- 10.5.1.Latin America
11. Middle East and Africa Talent Acquisition & Staffing Technology & Services Market, 2020-2030, USD (Million)
- 11.1. Market Overview
- 11.2. Talent Acquisition & Staffing Technology & Services Market: By Category, 2020-2030, USD (Million)
- 11.3. Talent Acquisition & Staffing Technology & Services Market: By Platform, 2020-2030, USD (Million)
- 11.4. Talent Acquisition & Staffing Technology & Services Market: By Application, 2020-2030, USD (Million)
- 11.5.Talent Acquisition & Staffing Technology & Services Market: By Region, 2020-2030, USD (Million)
- 11.5.1.Middle East and Africa
- 11.5.1.1. GCC
- 11.5.1.2. Africa
- 11.5.1.3. Rest of Middle East and Africa
- 11.5.1.Middle East and Africa
12. Company Profile
- 12.1. Acendre
- 12.1.1. Company Overview
- 12.1.2. Financial Performance
- 12.1.3. Product Portfolio
- 12.1.4. Strategic Initiatives
- 12.2. ADP LLC
- 12.2.1. Company Overview
- 12.2.2. Financial Performance
- 12.2.3. Product Portfolio
- 12.2.4. Strategic Initiatives
- 12.3. BambooHR LLC
- 12.3.1. Company Overview
- 12.3.2. Financial Performance
- 12.3.3. Product Portfolio
- 12.3.4. Strategic Initiatives
- 12.4. CareerBuilder LLC
- 12.4.1. Company Overview
- 12.4.2. Financial Performance
- 12.4.3. Product Portfolio
- 12.4.4. Strategic Initiatives
- 12.5. CornerStone OnDemand Inc.
- 12.5.1. Company Overview
- 12.5.2. Financial Performance
- 12.5.3. Product Portfolio
- 12.5.4. Strategic Initiatives
- 12.6. IBM Corporation
- 12.6.1. Company Overview
- 12.6.2. Financial Performance
- 12.6.3. Product Portfolio
- 12.6.4. Strategic Initiatives
- 12.7. Infor
- 12.7.1. Company Overview
- 12.7.2. Financial Performance
- 12.7.3. Product Portfolio
- 12.7.4. Strategic Initiatives
- 12.8. Krones Incorporated
- 12.8.1. Company Overview
- 12.8.2. Financial Performance
- 12.8.3. Product Portfolio
- 12.8.4. Strategic Initiatives
- 12.9. Linkedin Corporation
- 12.9.1. Company Overview
- 12.9.2. Financial Performance
- 12.9.3. Product Portfolio
- 12.9.4. Strategic Initiatives
- 12.10. Lumesse Inc.
- 12.10.1. Company Overview
- 12.10.2. Financial Performance
- 12.10.3. Product Portfolio
- 12.10.4. Strategic Initiatives
- 12.11. Oracle Corporation
- 12.11.1. Company Overview
- 12.11.2. Financial Performance
- 12.11.3. Product Portfolio
- 12.11.4. Strategic Initiatives
- 12.12. Paycom Software Inc.
- 12.12.1. Company Overview
- 12.12.2. Financial Performance
- 12.12.3. Product Portfolio
- 12.12.4. Strategic Initiatives
- 12.13. PeopleFluent Inc.
- 12.13.1. Company Overview
- 12.13.2. Financial Performance
- 12.13.3. Product Portfolio
- 12.13.4. Strategic Initiatives
- 12.14. Randstand Holding NV
- 12.14.1. Company Overview
- 12.14.2. Financial Performance
- 12.14.3. Product Portfolio
- 12.14.4. Strategic Initiatives
- 12.15. Saba Software Inc.
- 12.15.1. Company Overview
- 12.15.2. Financial Performance
- 12.15.3. Product Portfolio
- 12.15.4. Strategic Initiatives
- 12.16. SAP SE
- 12.16.1. Company Overview
- 12.16.2. Financial Performance
- 12.16.3. Product Portfolio
- 12.16.4. Strategic Initiatives
- 12.17. Skillsoft Corporation
- 12.17.1. Company Overview
- 12.17.2. Financial Performance
- 12.17.3. Product Portfolio
- 12.17.4. Strategic Initiatives
- 12.18. The Adecco Group
- 12.18.1. Company Overview
- 12.18.2. Financial Performance
- 12.18.3. Product Portfolio
- 12.18.4. Strategic Initiatives
- 12.19. Ultimate Software Group Inc.
- 12.19.1. Company Overview
- 12.19.2. Financial Performance
- 12.19.3. Product Portfolio
- 12.19.4. Strategic Initiatives
- 12.20. Workday Inc.
- 12.20.1. Company Overview
- 12.20.2. Financial Performance
- 12.20.3. Product Portfolio
- 12.20.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Talent Acquisition & Staffing Technology & Services Market By Category, 2020-2030, USD (Million)
- TABLE 2 Global Talent Acquisition & Staffing Technology & Services Market By Platform, 2020-2030, USD (Million)
- TABLE 3 Global Talent Acquisition & Staffing Technology & Services Market By Application, 2020-2030, USD (Million)
- TABLE 4 North America Talent Acquisition & Staffing Technology & Services Market By Category, 2020-2030, USD (Million)
- TABLE 5 North America Talent Acquisition & Staffing Technology & Services Market By Platform, 2020-2030, USD (Million)
- TABLE 6 North America Talent Acquisition & Staffing Technology & Services Market By Application, 2020-2030, USD (Million)
- TABLE 7 UK and European Union Talent Acquisition & Staffing Technology & Services Market By Category, 2020-2030, USD (Million)
- TABLE 8 UK and European Union Talent Acquisition & Staffing Technology & Services Market By Platform, 2020-2030, USD (Million)
- TABLE 9 UK and European Union Talent Acquisition & Staffing Technology & Services Market By Application, 2020-2030, USD (Million)
- TABLE 10 Asia Pacific Talent Acquisition & Staffing Technology & Services Market By Category, 2020-2030, USD (Million)
- TABLE 11 Asia Pacific Talent Acquisition & Staffing Technology & Services Market By Platform, 2020-2030, USD (Million)
- TABLE 12 Asia Pacific Talent Acquisition & Staffing Technology & Services Market By Application, 2020-2030, USD (Million)
- TABLE 13 Latin America Talent Acquisition & Staffing Technology & Services Market By Category, 2020-2030, USD (Million)
- TABLE 14 Latin America Talent Acquisition & Staffing Technology & Services Market By Platform, 2020-2030, USD (Million)
- TABLE 15 Latin America Talent Acquisition & Staffing Technology & Services Market By Application, 2020-2030, USD (Million)
- TABLE 16 Middle East and Africa Talent Acquisition & Staffing Technology & Services Market By Category, 2020-2030, USD (Million)
- TABLE 17 Middle East and Africa Talent Acquisition & Staffing Technology & Services Market By Platform, 2020-2030, USD (Million)
- TABLE 18 Middle East and Africa Talent Acquisition & Staffing Technology & Services Market By Application, 2020-2030, USD (Million)
List of Figures
- FIG. 1 Global Talent Acquisition & Staffing Technology & Services Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Talent Acquisition & Staffing Technology & Services Market: Quality Assurance
- FIG. 5 Global Talent Acquisition & Staffing Technology & Services Market, By Category, 2021
- FIG. 6 Global Talent Acquisition & Staffing Technology & Services Market, By Platform, 2021
- FIG. 7 Global Talent Acquisition & Staffing Technology & Services Market, By Application, 2021
- FIG. 8 Global Talent Acquisition & Staffing Technology & Services Market, By Geography, 2021
- FIG. 9 Global Talent Acquisition & Staffing Technology & Services Market, By Category, 2021 Vs 2030, %
- FIG. 10 Global Talent Acquisition & Staffing Technology & Services Market, By Platform, 2021 Vs 2030, %
- FIG. 11 Global Talent Acquisition & Staffing Technology & Services Market, By Application, 2021 Vs 2030, %
- FIG. 12 U.S. Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 13 Canada Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 14 Rest of North America Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 15 UK Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 16 Germany Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 17 Spain Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 18 Italy Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 19 France Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 20 Rest of Europe Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 21 China Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 22 Japan Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 23 India Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 24 Australia Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 25 South Korea Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 26 Rest of Asia Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 27 Brazil Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 28 Mexico Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 29 Rest of Latin America Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 30 GCC Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 31 Africa Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
- FIG. 32 Rest of Middle East and Africa Talent Acquisition & Staffing Technology & Services Market (US$ Million), 2020 - 2030
