AI Recruitment Market is Booming Worldwide to Generate Massive Revenue with Google, IBM, Oracle

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AI Recruitment Market is Booming Worldwide to Generate Massive Revenue with Google, IBM, Oracle

February 13
16:22 2020
AI Recruitment Market is Booming Worldwide to Generate Massive Revenue with Google, IBM, Oracle

AI Recruitment
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.

Identify Sales forecasts to help your business keep adequate inventory, create an actionable plan with latest edition released by AMA on Global AI Recruitment Market to regulate the balance of demand and supply. 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.

What is AI Recruitment?

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), HireVue (United States), Textio (United States), Mya Systems Inc. (United States), Talentrecruit (India), TalentMind (Singapore)

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Market Trends:

Increased Use of Automation to Offload Administrative Tasks

Chatbots in the Pre-application Process

Market Challenges:

Lack of Human Touch

Market Drivers:

Rising Demand due to Time Saving Services

High Demand due to Improving the Quality of Hire Through Standardized Job Matching

Market Restraints:

A Lot of Data is Required

Difficulty in Dealing with Human Beings

Market Opportunities:

Leveraging Predictive Algorithms and Machine Learning to Assess Candidates’

Personality Traits

Growing Demand for Automated Social Media Scraping Tools

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 Global AI Recruitment Market 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, and 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.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market  

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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?

Customization Service of the Report:-

AMA Research provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

About Author:

Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies’ revenues.

Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

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