AI Recruitment Market Size, Share, Growth, Drivers, Segmentation, Key Players, Investment and Opportunities

Research Reports

Apr 07, 2022

Global AI Recruitment Market Research Report: by Component (Software, Service), by Organization Size (SMEs, Large Enterprises), by Deployment (On-Cloud, On-Premise), by Application (Resume Filtering, Candidate Discovery, Candidate Relationship Management, Job Market Forecasting, Ad Automation, Candidate Assessments, Others), by Vertical (Government, IT and Telecommunication, Healthcare, BFSI, Education, Others), by Region (North America, Europe, Asia-Pacific, Middle East and Africa, South America) – Forecast till 2025

Market Highlights

The AI recruitment market is projected to grow at a high CAGR during the forecast period. As per the AI recruitment market research report, the global market for AI recruitment is projected to grow swiftly by 2025. According to analysts, AI’s significant impact across all the verticals as well as the need to improve the hiring process quality will drive the market growth during the forecast period. The AI recruitment market research report offers a comprehensive analysis of the global AI recruitment market and its application, deployment, organization size, region, vertical, and component segments. The reluctance in adopting new technologies along with lack of technical expertise are the elements that could influence the AI recruitment market advancement throughout the forecast period. The AI recruitment market research report by expert analysts is developed to assist organizations in the AI recruitment market.

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Segmentation:

The global AI recruitment market has been segmented based on application, deployment, organization size, region, vertical, and component. On the basis of component, the market for AI recruitment is segmented based on software and services. Additionally, the market on the basis of organization size, is segmented into SMEs and large enterprises. The global market for AI recruitment is also covered based on deployment segment which is further split into on-cloud and on-premise. On the basis of application, the market for AI recruitment is segmented based on ad automation, candidate assessments, candidate discovery, candidate relationship management, job market forecasting, resume filtering, and others. Additionally, the market on the basis of vertical, is segmented into BFSI, commercial, education, healthcare, IT and telecommunication, government, and others.

Major elements such as complex technological solutions could obstruct the AI recruitment market growth. However, according to the AI recruitment market research report, the need to automate complex recruitment processes along with the demand for intelligent screening software will propel growth throughout the forecast period. The AI recruitment market is set to register growth at a high CAGR owing to these key factors. The exploration of application, deployment, organization size, region, vertical, and component segments along with regional markets has been given in the global AI recruitment market research report. The research analysts studying the AI recruitment market have put out market forecasts in the AI recruitment market research report in order to support AI recruitment market-based companies. The AI recruitment market research report provides an extensive understanding of the AI recruitment market based on the information and forecasts till 2025.

Regional Overview

North America, Europe, Asia Pacific and the rest of the world regional market for AI recruitment are predominantly covered in the global AI recruitment market research report. Country-level AI recruitment markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level AI recruitment markets are covered in the report. In Asia-Pacific (APAC) region, the country-level AI recruitment markets covered are Japan, India, China, and others. The AI recruitment market research report also explores the regional market for AI recruitment present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The AI recruitment market research report also covers regional markets from the rest of the world alongside AI recruitment markets of Africa and the Middle East.

Competitive Landscape

Chatbots, digitized interviews, and recruitment bots are presumed to drive the AI recruitment market growth worldwide. The global AI recruitment market could be challenged by lack of professional services for deployment, nevertheless, organizations in the AI recruitment market will carry the growth rate forward. The AI recruitment market research report presents company profiles of major companies active in the AI recruitment market globally. Furthermore, the global AI recruitment market report offers an all-inclusive analysis of the market collected from the AI recruitment market’s primary and secondary sources covering both decision makers and thought leaders. The AI recruitment market research report highlights such key areas assisting businesses operating in the AI recruitment market to build better growth strategies.

Industry News

PredictiveHire, an Australian technology firm which has developed straightforward AI-assisted recruitment solutions, today announced a global release of its Fair AI recruitment platform to educate HR management in evaluating AI technology for use in their organisations. The framework has been launched to start discussions on HR technology transparency against an explosion of AI solutions in the field, with many using “blackbox” algorithms.

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