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Talent acquisition is the process of finding and acquiring skilled workforce as per the requirements in organizations. Talent acquisition team of HR department is responsible for searching, acquiring, assessing, and hiring candidates that will fit organizational goal and project requirements. Talent acquisition software helps organizations in leveraging video, social, and mobile technologies for managing talent lifecycle. This lifecycle includes the development of talent pools, integrating marketing automation tools, screening of applicants, and on-boarding of applicants.
With digitalization of talent acquisition solutions, companies can post jobs on the internet and receive hundreds of applications in a few minutes. However, there are some shortcomings from ATS. Many unqualified candidates apply, making it hard for employers to find qualified candidates. Also, candidate pools are limited to active candidates, who actively apply for jobs, not including passive candidates, who are not actively looking for jobs but open to other opportunities. Passive candidates account for 75% of the workforce, so it is important to reach out to them to hire the best candidates.
Market Analysis and Insights: Global Talent Acquisition Software Market
The global Talent Acquisition Software market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Talent Acquisition Software market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Talent Acquisition Software market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Talent Acquisition Software market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Talent Acquisition Software market.
Global Talent Acquisition Software Scope and Market Size
Talent Acquisition Software market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Talent Acquisition Software market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Segment by Type
On-Premise Solutions
On-Demand Solutions
Segment by Application
Small and Medium Business
Large Business
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
CornerStone on Demand
IBM
Oracle
SAP
WorkDay
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