Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.58 Billion | USD 4.34 Billion | 5.3% | 2023 |
According to Zion Market Research, the global Technical Recruitment Platforms Market was worth USD 2.58 Billion in 2023. The market is forecast to reach USD 4.34 Billion by 2032, growing at a compound annual growth rate (CAGR) of 5.3% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Technical Recruitment Platforms Market industry over the next decade.
Technical recruitment tools are mainly utilized by professional recruiters and tech-based firms for effectively handling recruitment events for companies. Moreover, organizations make use of technical recruitment platforms for recruiting, attracting, and retaining the staff for maintaining the organizational workflow. Furthermore, technical recruitment platform assist in tracking & maintaining private information of staff including the technical skills, educational records, and financial information of the employees. Apart from this, it also helps in storing personal info and residential address of the employees of the firms.
Furthermore, employee management service providers make utilization of the tool for providing contract-based staff to software firms & other IT as well as ITES based organizations. Apart from this, humungous popularity of recruitment tools to proficiently manage the business requirements of technical persons will steer the growth of technical recruitment platforms industry over the forecast timeframe.
Escalating popularity of software tools for automating & simplifying recruitment functions including hiring and registrations are anticipated to embellish the expansion of technical recruitment platforms industry over the assessment period. Apart from this, use of new technologies is projected to generate new growth avenues for technical recruitment platforms industry over the predicted timeline. Nonetheless, easy access to open source software types is likely to pose a threat to the growth of technical recruitment platforms market over the upcoming years.
However, need of technical recruitment tools in IT industry due to project requirements is projected to drive market trends. With consulting organizations generating huge database for employee recruitment procedure and managed recruitment service providers needing recruitment management software product for proficiently handling employee information, the technical recruitment platforms industry is anticipated to gain momentum over the forecast period.
Report Attributes | Report Details |
---|---|
Report Name | Technical Recruitment Platforms Market |
Market Size in 2023 | USD 2.58 Billion |
Market Forecast in 2032 | USD 4.34 Billion |
Growth Rate | CAGR of 5.3% |
Number of Pages | 110 |
Key Companies Covered | Taleo Corporation, SAP SE, IBM Corporation, SumTotal Systems, Inc., Ceridian HCM, Inc., and PeopleAdmin, Inc |
Segments Covered | By Software, By Services, By End-User, By Enterprise Size and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The expansion of technical recruitment platforms industry in North America over the assessment period is owing to large-scale presence of key solution providers in the countries such as the U.S. Apart from this, acceptance of technical recruitment tools by firms by small as well as large firms in Canada and the U.S. for effectively handling technically professional data will drive the regional market trends
Some key players of the global technical recruitment platforms market are:
By Software
By Services
By End-User
By Enterprise Size
By Region
FrequentlyAsked Questions
Particularly in domains including information technology (IT), engineering, software development, and other technical disciplines, technical recruiting platforms are specialized online tools and services meant to ease the hiring process for technical professions. These sites simplify the hiring process, link companies with quality applicants, and sometimes include several tools to improve the success of hiring.
Growing demand for qualified workers in technology fields including cybersecurity, data science, and software development forces companies to look for specific recruitment solutions.
According to Zion Market Research, the global Technical Recruitment Platforms Market was worth USD 2.58 Billion in 2023. The market is forecast to reach USD 4.34 Billion by 2032.
According to Zion Market Research, the global Technical Recruitment Platforms Market a compound annual growth rate (CAGR) of 5.3% during the forecast period 2024-2032.
The expansion of technical recruitment platforms industry in North America over the assessment period is owing to large-scale presence of key solution providers in the countries such as the U.S. Apart from this, acceptance of technical recruitment tools by firms by small as well as large firms in Canada and the U.S. for effectively handling technically professional data will drive the regional market trends
Key players profiled in the study include Taleo Corporation, SAP SE, IBM Corporation, SumTotal Systems, Inc., Ceridian HCM, Inc., and PeopleAdmin, Inc.
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