Global AI Market in Recruitment Market 2024-2028

Description

List of Tables

The AI market in recruitment is forecasted to grow by USD 290.07 mn during 2023-2028, accelerating at a CAGR of 7.87% during the forecast period. The report on the AI market in recruitment provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing need for automated processes in recruitment industry, demand for streamlining hiring process in recruitment industry, and rapid shift toward web-based applications and digitization for recruitment.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	6.65%
CAGR	7.87%
Incremental Value	$290.07mn

Technavio's AI market in recruitment is segmented as below:

By Component

Services
Solutions

By Deployment

Cloud
On-premises

By Geographical Landscape

North America
Europe
APAC
Middle East and Africa
South America

This study identifies the integration of AI analytics tool as one of the prime reasons driving the AI market in recruitment growth during the next few years. Also, increasing number of mobile-based recruitment apps and rising demand for cloud-based AI solutions will lead to sizable demand in the market.

The report on the ai market in recruitment covers the following areas:

Ai market in recruitment sizing
Ai market in recruitment forecast
Ai market in recruitment industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading AI market in recruitment vendors that include Alphabet Inc., Ceridian HCM Holding Inc., International Business Machines Corp., Jobvite Inc., Oracle Corp., SAP SE, SmartRecruiters Inc., UKG Inc., Zoho Corp. Pvt. Ltd., Talent Recruit Software Pvt. Ltd., Leoforce LLC., Beamery Inc., Brilent Inc., CVViZ Softwares Pvt Ltd., Entelo Inc., Gloat Inc., hackajob Ltd., Harver B.V., HireTeamMate Inc., and Jobiak. Also, the AI market in recruitment analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR73507

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Global AI market in recruitment industry 2018 - 2022
4.2 By Component Segment Analysis 2018 - 2022
4.3 By deployment Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Component

6.1 Market segments
6.2 Comparison by Component
6.3 Services - Market size and forecast 2023-2028
6.4 Solutions - Market size and forecast 2023-2028
6.5 Market opportunity by Component

7 Market Segmentation by Deployment

7.1 Market segments
7.2 Comparison by Deployment
7.3 Cloud - Market size and forecast 2023-2028
7.4 On-premises - Market size and forecast 2023-2028
7.5 Market opportunity by Deployment

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 North America - Market size and forecast 2023-2028
9.4 Europe - Market size and forecast 2023-2028
9.5 APAC - Market size and forecast 2023-2028
9.6 Middle East and Africa - Market size and forecast 2023-2028
9.7 South America - Market size and forecast 2023-2028
9.8 US - Market size and forecast 2023-2028
9.9 China - Market size and forecast 2023-2028
9.10 UK - Market size and forecast 2023-2028
9.11 Germany - Market size and forecast 2023-2028
9.12 Japan - Market size and forecast 2023-2028
9.13 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Alphabet Inc.
12.4 Ceridian HCM Holding Inc.
12.5 hackajob Ltd.
12.6 Harver B.V.
12.7 HireTeamMate Inc.
12.8 International Business Machines Corp.
12.9 Jobiak
12.10 Jobvite Inc.
12.11 Leoforce LLC.
12.12 Oracle Corp.
12.13 SAP SE
12.14 SmartRecruiters Inc.
12.15 Talent Recruit Software Pvt. Ltd.
12.16 UKG Inc.
12.17 Zoho Corp. Pvt. Ltd.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations