This intelligence report provides a comprehensive analysis of the “Global AI Recruitment Market. This includes Investigation of past progress, ongoing market scenarios, and future prospects. Data True to market on the products, strategies and market share of leading companies of this particular market are mentioned. It’s a 360-degree overview of the global market’s competitive landscape. The report further predicts the size and valuation of the global market during the forecast period.
Definition:
AI for recruiting is the application of machine learning abilities, such as learning or problem-solving, to the recruitment function. AI for resume screening replicates the way a human evaluates a resume and can assign a score to each candidate based on this objective analysis. AI for recruiting becomes increasingly valuable as the technology learns what top candidates look like at each individual organization. AI for recruiting also offers the ability to “rediscover†candidates. Large retailers are sitting on top of a goldmine of interested candidates. According to a survey of talent acquisition leaders, 56% say their hiring volume will increase this year, but 66% of recruiting teams will either stay the same size or contract. Their success will depend on intelligently automating some parts of their workflow. According to an estimate by CB Insights, approximately, more than USD 6bn has been invested into more than 1,000 AI start-ups globally in the past 3 years. AI tools are expected to create value to the tune of USD 3tn by 2021.
Some of the key players profiled in the study are:
Google LLC (United States),IBM Corporation (United States),Oracle Corporation (United States),Automatic Data Processing LCC (United States),Ultimate Software (United States),SmartRecruiters (United States),Jobvite (United States),CVViZ Softwares Pvt Ltd (India),SAP SE (Germany),Zoho Corporation (India)
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Market Trend
Increased Use of Automation to Offload Administrative Tasks
Chatbots in the Pre-application Process
Market Drivers
Rising Demand due to Time Saving Services
High Demand due to Improving the Quality of Hire Through Standardized Job Matching
Challenges
A Lot of Data is Required
Difficulty in Dealing with Human Beings
Lack of Human Touch
Each segment and sub-segment is analyzed in the research report. The competitive landscape of the market has been elaborated by studying a number of factors such as the best manufacturers, prices and revenues. Global AI Recruitment Market is accessible to readers in a logical, wise format. Driving and restraining factors are listed in this study report to help you understand the positive and negative aspects in front of your business.
This study mainly helps understand which market segments or Region or Country they should focus in coming years to channelize their efforts and investments to maximize growth and profitability. The report presents the market competitive landscape and a consistent in depth analysis of the major vendor/key players in the market.
Furthermore, the years considered for the study are as follows:
Historical year – 2013-2017
Base year – 2018
Forecast period** – 2019 to 2025 [** unless otherwise stated]
**Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product services of key players.
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The titled segments and Market Data Break Down are illuminated below:
By Type (Candidate Discovery, Candidate Relationship Management, Job Market Forecasting, Ad Automation, Candidate Assessments, Others), End User Industry (IT and Telecommunication, Retail, Healthcare, Education, Others)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Objectives of the Study
- To Define, Describe, and Segment The Global AI Recruitment Market On The Basis Of Type, Function, Application, And Region.
- To provide detailed information regarding the major factors influencing the market growth (drivers, restraints, opportunities, and industry-specific challenges)
- To estimate the size of the Global AI Recruitment Market in terms of value.
- To study the individual growth trends of the providers of Global AI Recruitment Market, their future expansions, and analyze their contributions to the market
- To strategically analyze micro-markets with respect to individual growth trends, future prospects, and contribution to the total market, covered by Global AI Recruitment Market and various regions.
- To track and analyze competitive developments such as joint ventures, mergers & acquisitions, and new product launches, in Global AI Recruitment
- To strategically profile key market players and comprehensively analyze their market position and core competencies
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Strategic Points Covered in Table of Content of Global AI Recruitment Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the AI Recruitment market
Chapter 2: Exclusive Summary – the basic information of the AI Recruitment Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the AI Recruitment
Chapter 4: Presenting the AI Recruitment Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the AI Recruitment market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
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Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Global AI Recruitment market?
- What are the key concerns of the five forces analysis of the Global AI Recruitment market?
- What are different prospects and threats faced by the dealers in the Global AI Recruitment market?
- What are the strengths and weaknesses of the key vendors?
Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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This post was originally published on Info Street Wire
