March 29, 2020
Talent Acquisition and Staffing Technology & Service

Talent Acquisition and Staffing Technology & Service Market: Global Analysis with Business Opportunities

The talent acquisition and staffing technology & service market is set to grow with a CAGR of 6.5% during the forecast period.

Market Insights

The global talent acquisition and staffing technology and service market is driven by its growing data analytics tools and social media platforms. As digitalization is increasing very rapidly across the globe, organizations are leveraging the advanced technology solution to hire talented employees. Companies are collecting information from the prospective candidate to develop a predictive analytics model to assist in the recruitment process and to find the right job candidate.

In addition, companies are shifting to the digital channel to engage with employees and prospective candidates. This is accelerating the global demand for talent acquisition and staffing technology & services. In addition, the organization’s growing focus on brand building and recruitment marketing is increasing market growth.

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Marketing and advertising are projected to grow by more than 12 per cent in the CAGR during the forecast period. The growth of the market is driven by the growing shortage of skilled professionals worldwide. This encourages the organization to adopt employer branding strategies to attract talent. Companies are adopting a number of strategies, such as employee engagement activities and job posting activities through social media channels, to attract prospective candidates.

Asia Pacific is estimated to be the most lucrative region for talent acquisition and staffing technology & services. The growth of the market is driven by the increasing industrialization in the region. Furthermore, the supportive government initiatives in the region to reduce the unemployment and drive the digitalization across the enterprises are accelerating the adoption of talent acquisition and staffing solutions.

Key players in the Talent acquisition and staffing technology & service market are

• Acendre
• ADP LLC.
• BambooHR LLC
• CareerBuilder LLC
• Cornerstone OnDemand Inc.
• IBM Corporation
• Infor
• Krones Incorporated
• Linkedin Corporation
• Lumesse Inc.
• Oracle Corporation
• Paycom Software Inc.
• PeopleFluent Inc
• Randstad Holding NV
• Saba Software Inc.
• SAP SE
• Skillsoft Corporation
• The Adecco Group
• Ultimate Software Group Inc.
• Workday Inc.

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Segmentation
Category Segment (2017–2027; US$ Bn)
• Marketing & advertising
• Technologies
• Services

Platform Segment (2017–2027; US$ Bn)
•Internal Referrals
•Social Platforms
•Other Internet Platforms

Application Segment (2017–2027; US$ Bn)
•BFSI
•Education
•Energy
•Healthcare
•IT & Telecommunication
•Manufacturing
•Retail
•Transportation
•Others

Geography Segment (2017–2027; US$ Bn)
•North America (U.S and Rest of North America)
•Europe (United Kingdom,Germany,France,Rest of Europe)
•Asia Pacific(China,Japan,India,Rest of Asia Pacific)
•Rest of the World (Middle East &Africa,Latin America)

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David Brown

David Brown

Experienced Market Research Analyst with a demonstrated history of working in the market research industry. Skilled in Secondary Market Research, Primary Market Research, Client Interfacing. - Identify, collect and organize data for use in research projects - Provide fundamental analysis for research projects - Review data to ensure its quality and integrity - Market estimates and forecast based on homegrown forecasting models - Identifying potential titles for syndicated research projects - Analyzing, estimating and forecasting various industry/market using various analysis tools and forecasting models - Conducting secondary research - Company profiling and analyzing competitive landscape - Report writing And Quality check

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