July 16, 2020

Global AI Recruitment Market Is Projected to Record a Significant Growth Rate During the Forecast Period 2019–2025

Pune, India, August 28, 2019, MRFR Press Release/- Market Research Future published a Half-Cooked Research Report on the Global AI Recruitment Market.

Regional Analysis

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).

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North America is currently dominating the global AI recruitment market. The US, followed by Canada is currently leading the market as the country has been the earliest adopter of advanced technologies such as AI and machine learning. Additionally, well-established network infrastructure, developed economy, and availability of skilled experts are driving the growth of AI recruitment market in the US. Furthermore, the region houses majority of the key players who are focused on developing AI-based recruitment solutions to meet various applications of recruitment process is contributing to the growth of AI recruitment market in the region.

Europe is having a significant share in the global AI recruitment market. Enterprises across the UK, Germany, Spain, and Norway among others, are witnessing significant adoption of AI in talent acquisition owing to the need to automate the tedious hiring process and enhance the overall efficiency. Furthermore, growing adoption of cloud-based recruiting tools has significantly increased the demand in the region.

Asia-Pacific region is projected to grow at the fastest CAGR in the global AI recruitment market. China, Japan, and India emphasize talent acquisition in order to source highly qualified candidates whose expertise match the job description. Growing adoption of the cloud-based services and government initiatives supporting digitalization across countries have increased the demand AI and recruitment. Furthermore, growing number of SMEs across the region which demands cloud-based AI hiring solutions is further contributing to the market growth.

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.

Key players

MRFR has considered 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) as some of the key players in the global AI Recruitment market.

More Information : https://www.marketresearchfuture.com/reports/ai-recruitment-market-8289

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