AI Recruitment Market 2025 | Latest Update, Trends & International News In One Place - Check Out Now
December 5, 2019 by Market-NewsFlash
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
AI recruitment is an artificial intelligence-driven recruitment software which streamlines and automates the recruitment processes in order to improve the talent acquisition process and enhance the employee experience. The AI recruitment software uses technologies such as machine learning and sentiment analysis to optimize various recruitment processes such as auto-screening candidates and identifying potential candidates based on their job description.
The AI recruitment tools are built on algorithms which compare the candidate attributes such as work experience, skills and qualifications, and compares it to the qualitative recruiting factors such as duration of service, employer noteworthiness, geographical location, and others. These factors are analyzed by the proprietary machine learning (ML) or AI technology which allows the recruitment system to weigh and score each factor of the candidate appropriately.
The geographic analysis of AI recruitment market has been done for North America (the US, Canada, and Mexico), Europe (Germany, the UK, France, Spain, Norway, Benelux, and Italy), Asia-Pacific (China, Japan, India, South Korea, Australia, Malaysia, Indonesia, and the Philippines), Middle East and Africa (Saudi Arabia, Israel, Turkey, and South Africa) and South America (Brazil, Peru, Chile, and Argentina).
The Middle East and Africa and South America are expected to grow at a steady pace in the AI recruitment market. Growing demand across enterprises in the region to enhance the quality and efficiency of talent acquisition, increasing adoption of cloud platform and advancements in AI technology are a few factors increasing the demand of AI recruitment software in the region.
The prominent players active in the global market of AI recruitment are SAP SE (Germany), Zoho Corporation (India), Google LLC (US), IBM Corporation (US), Oracle Corporation (US), Automatic Data Processing, LCC (US), Ultimate Software (US), SmartRecruiters (US), Jobvite (US), CVViZ Softwares Pvt Ltd (India), HireVue (US), Textio (US), Mya Systems, Inc. (US),TalentMind (Singapore), and TalentRecruit (India).
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