Recruitment Software Market Size to Grow by USD 704.26 million | Accenture Plc and Cognizant Technology Solutions Corp. Among Key Vendors | Technavio


NEW YORK, May 9, 2022 /PRNewswire/ — The recruitment software market is fragmented, and the vendors are deploying growth strategies such as product innovation to compete in the market. Global vendors have established a strong foothold in the market due to the extensive range of their flagship products. To remain competitive in the market in terms of brand, quality, and reliability, global vendors focus more on innovation and technological advancements.

The recruitment software market size is expected to grow by USD 704.26 million. Moreover, the growth momentum of the market will accelerate at a CAGR of 5.65%.

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Read the report with TOC on “Recruitment Software Market Analysis Report by Deployment (On-premises and SaaS-based) and Geography (North America, Europe, APAC, Middle East and Africa, and South America) Forecasts, 2022-2026″. View our Report Snapshot 

Major Five Recruitment Software Companies: Key Offerings

  • Accenture Plc – The company offers recruitment software such as Human Capital Management that enable HR teams to reduce costs and meet the business goals.
  • Cognizant Technology Solutions Corp. – The company offers recruitment software such as Oracle Human Capital Management Cloud solution that allows converting active employee records from multiple legacy sources to a single global HR system.
  • Cornerstone OnDemand Inc. – The company offers recruitment software that engages with the workforce, recruits high performers, and empowers the business.
  • iCIMS Inc. – The company offers recruitment software that allows to create personalized candidate experiences, automate interviews, offers, and onboarding with AI, and tain talent with mobility solutions for employees.
  • International Business Machines Corp. – The company offers IBM Watson Recruitment that is a cognitive talent management solution that increases recruiter efficiency to allow HR to improve and accelerate people’s impact on the business.

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Recruitment Software Market Deployment Outlook (Revenue, USD mn, 2021-2026)

  • On-premises – size and forecast 2021-2026
  • SaaS-based – size and forecast 2021-2026

Recruitment Software Market Geography Outlook (Revenue, USD mn, 2021-2026)

  • North America – size and forecast 2021-2026
  • Europe – size and forecast 2021-2026
  • APAC – size and forecast 2021-2026
  • Middle East and Africa – size and forecast 2021-2026
  • South America – size and forecast 2021-2026

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Regional Analysis

Europe will account for 33% of the market’s growth during the forecast period. The growth of the recruitment software market in Europe will be driven by the early adoption of cloud-based solutions by enterprises and their need for a central system of employee records. Market growth in this region will be faster than the growth of the market in North America, MEA, and South America. The UK, Germany, and France are the key countries for the recruitment software market in Europe. The increased adoption of mobile applications related to jobs is encouraging enterprises to adopt recruitment software. Hence, the vendors in this market are offering recruitment software to cater to the growing demand from enterprises.

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Recruitment Software Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.65%

Market growth 2022-2026

USD 704.26 million

Market structure

Fragmented

YoY growth (%)

4.87

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

Europe at 33%

Key consumer countries

US, UK, Australia, Germany, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Accenture Plc, Cognizant Technology Solutions Corp., Hireku Inc., International Business Machines Corp., iCIMS Inc., Microsoft Corp., Oracle Corp., Saba Software Inc., SAP SE, and Zoho Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis – Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Deployment

  • 5.1 Market segments
    • Exhibit 24: Chart on Deployment – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Deployment – Market share 2021-2026 (%)
  • 5.2 Comparison by Deployment
    • Exhibit 26: Chart on Comparison by Deployment
    • Exhibit 27: Data Table on Comparison by Deployment
  • 5.3 On-premises – Market size and forecast 2021-2026
    • Exhibit 28: Chart on On-premises – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on On-premises – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on On-premises – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on On-premises – Year-over-year growth 2021-2026 (%)
  • 5.4 SaaS-based – Market size and forecast 2021-2026
    • Exhibit 32: Chart on SaaS-based – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on SaaS-based – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on SaaS-based – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on SaaS-based – Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Deployment
    • Exhibit 36: Market opportunity by Deployment ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America – Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.4 Europe – Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.5 APAC – Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 7.6 Middle East and Africa – Market size and forecast 2021-2026
    • Exhibit 54: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 7.7 South America – Market size and forecast 2021-2026
    • Exhibit 58: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 7.8 US – Market size and forecast 2021-2026
    • Exhibit 62: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.9 Australia – Market size and forecast 2021-2026
    • Exhibit 66: Chart on Australia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on Australia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on Australia – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on Australia – Year-over-year growth 2021-2026 (%)
  • 7.10 UK – Market size and forecast 2021-2026
    • Exhibit 70: Chart on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on UK – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on UK – Year-over-year growth 2021-2026 (%)
  • 7.11 Germany – Market size and forecast 2021-2026
    • Exhibit 74: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 7.12 France – Market size and forecast 2021-2026
    • Exhibit 78: Chart on France – Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on France – Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on France – Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on France – Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Accenture Plc
    • Exhibit 89: Accenture Plc – Overview
    • Exhibit 90: Accenture Plc – Business segments
    • Exhibit 91: Accenture Plc – Key news
    • Exhibit 92: Accenture Plc – Key offerings
    • Exhibit 93: Accenture Plc – Segment focus
  • 10.4 Cognizant Technology Solutions Corp.
    • Exhibit 94: Cognizant Technology Solutions Corp. – Overview
    • Exhibit 95: Cognizant Technology Solutions Corp. – Business segments
    • Exhibit 96: Cognizant Technology Solutions Corp. – Key news
    • Exhibit 97: Cognizant Technology Solutions Corp. – Key offerings
    • Exhibit 98: Cognizant Technology Solutions Corp. – Segment focus
  • 10.5 Cornerstone OnDemand Inc.
    • Exhibit 99: Cornerstone OnDemand Inc. – Overview
    • Exhibit 100: Cornerstone OnDemand Inc. – Product / Service
    • Exhibit 101: Cornerstone OnDemand Inc. – Key news
    • Exhibit 102: Cornerstone OnDemand Inc. – Key offerings
  • 10.6 iCIMS Inc.
    • Exhibit 103: iCIMS Inc. – Overview
    • Exhibit 104: iCIMS Inc. – Product / Service
    • Exhibit 105: iCIMS Inc. – Key offerings
  • 10.7 International Business Machines Corp.
    • Exhibit 106: International Business Machines Corp. – Overview
    • Exhibit 107: International Business Machines Corp. – Business segments
    • Exhibit 108: International Business Machines Corp. – Key offerings
    • Exhibit 109: International Business Machines Corp. – Segment focus
  • 10.8 Jobvite Inc.
    • Exhibit 110: Jobvite Inc. – Overview
    • Exhibit 111: Jobvite Inc. – Product / Service
    • Exhibit 112: Jobvite Inc. – Key offerings
  • 10.9 Microsoft Corp.
    • Exhibit 113: Microsoft Corp. – Overview
    • Exhibit 114: Microsoft Corp. – Business segments
    • Exhibit 115: Microsoft Corp. – Key news
    • Exhibit 116: Microsoft Corp. – Key offerings
    • Exhibit 117: Microsoft Corp. – Segment focus
  • 10.10 Oracle Corp.
    • Exhibit 118: Oracle Corp. – Overview
    • Exhibit 119: Oracle Corp. – Business segments
    • Exhibit 120: Oracle Corp. – Key news
    • Exhibit 121: Oracle Corp. – Key offerings
    • Exhibit 122: Oracle Corp. – Segment focus
  • 10.11 SAP SE
    • Exhibit 123: SAP SE – Overview
    • Exhibit 124: SAP SE – Business segments
    • Exhibit 125: SAP SE – Key news
    • Exhibit 126: SAP SE – Key offerings
    • Exhibit 127: SAP SE – Segment focus
  • 10.12 Zoho Corp. Pvt. Ltd.
    • Exhibit 128: Zoho Corp. Pvt. Ltd. – Overview
    • Exhibit 129: Zoho Corp. Pvt. Ltd. – Product / Service
    • Exhibit 130: Zoho Corp. Pvt. Ltd. – Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 131: Inclusions checklist
    • Exhibit 132: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 133: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 134: Research methodology
    • Exhibit 135: Validation techniques employed for market sizing
    • Exhibit 136: Information sources
  • 11.5 List of abbreviations
    • Exhibit 137: List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

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