A Latest intelligence report published by AMA Research with title "AI Recruitment Market Outlook to 2026. A detailed study accumulated to offer Latest insights about acute features of the Global AI Recruitment Market. This report provides a detailed overview of key factors in the AI Recruitment Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. A thorough analysis of these factors including economic slowdown, local & global reforms and COVID-19 Impact has been conducted to determine future growth prospects in the global market.
Major Players in This Report Include,
Google LLC (United States),IBM Corporation (United States),Oracle Corporation (United States),Automatic Data Processing LCC (United States),Ultimate Software (United States),SmartRecruiters (United States),Jobvite (United States),CVViZ Softwares Pvt Ltd (India),SAP SE (Germany),Zoho Corporation (India)
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AI for recruiting is the application of machine learning abilities, such as learning or problem-solving, to the recruitment function. AI for resume screening replicates the way a human evaluates a resume and can assign a score to each candidate based on this objective analysis. AI for recruiting becomes increasingly valuable as the technology learns what top candidates look like at each individual organization. AI for recruiting also offers the ability to â€œrediscoverâ€ candidates. Large retailers are sitting on top of a goldmine of interested candidates. According to a survey of talent acquisition leaders, 56% say their hiring volume will increase this year, but 66% of recruiting teams will either stay the same size or contract. Their success will depend on intelligently automating some parts of their workflow. According to an estimate by CB Insights, approximately, more than USD 6bn has been invested into more than 1,000 AI start-ups globally in the past 3 years. AI tools are expected to create value to the tune of USD 3tn by 2021.
Increased Use of Automation to Offload Administrative Tasks
Chatbots in the Pre-application Process
Rising Demand due to Time Saving Services
High Demand due to Improving the Quality of Hire Through Standardized Job Matching
Lack of Human Touch
Leveraging Predictive Algorithms and Machine Learning to Assess Candidatesâ€™
Growing Demand for Automated Social Media Scraping Tools
The Global AI Recruitment Market segments and Market Data Break Down are illuminated below: by Type (Candidate Discovery, Candidate Relationship Management, Job Market Forecasting, Ad Automation, Candidate Assessments, Others), End User Industry (IT and Telecommunication, Retail, Healthcare, Education, Others)
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
- Comprehensive overview of parent market & substitute market
- Changing market dynamics in the industry (COVID & Economic Impact Analysis)
- In-depth market segmentation (Trends, Growth with Historical & Forecast Analysis)
- Recent industry trends and development activity
- Competitive landscape (Heat Map Analysis for Emerging Players & Market Share Analysis for Major Players along with detailed Profiles)
Strategic Points Covered in Table of Content of Global AI Recruitment Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the AI Recruitment market
Chapter 2: Exclusive Summary – the basic information of the AI Recruitment Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the AI Recruitment
Chapter 4: Presenting the AI Recruitment Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying market size by Type, End User and Region 2015-2020
Chapter 6: Evaluating the leading manufacturers of the AI Recruitment market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2026).
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, AI Recruitment Market is a valuable source of guidance for individuals and companies in decision framework.
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Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Global AI Recruitment market?
- What are the key concerns of the five forces analysis of the Global AI Recruitment market?
- What are different prospects and threats faced by the dealers in the Global AI Recruitment market?
- What are the strengths and weaknesses of the key vendors?
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Tags: AI Recruitment Market Opportunity, AI Recruitment Market Forecast, AI Recruitment Market trends, AI Recruitment Market size, AI Recruitment Market share, AI Recruitment Market growth, AI Recruitment Market analysis
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