AI Recruitment Market Growth: Shaping the Future of Hiring and Workforce Management | Most Leading Companies - SAP SE, Zoho Corporation, Google LLC, IBM Corporation oracle Corporation, Automatic Data Processing LCC
The Global AI Recruitment Market has reached US$ 605.4 million in 2022 and is projected to grow to US$ 1,019.1 million by 2030, with a CAGR of 6.7% from 2024 to 2031. This information is based on a report published by DataM Intelligence. The report offers a comprehensive analysis of the AI Recruitment Market.
AI Recruitment Market Growth
AI Recruitment Market reached US$ 605.4 Million in 2022 and is expected to reach US$ 1,019.1 Million by 2030, growing with a CAGR of 6.7% during the forecast period 2024-2031. The AI Recruitment Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
AI Recruitment Tools and Key Players
AI Recruitment refers to the use of artificial intelligence technologies to streamline and enhance the recruitment process. By leveraging machine learning algorithms, natural language processing (NLP), and data analytics, AI recruitment tools can efficiently analyze resumes, screen candidates, match job descriptions to applicants' qualifications, and even conduct initial interviews. This not only saves time for hiring teams but also helps reduce bias, improve candidate matching, and enhance the overall hiring experience.
List of the Key Players in the AI Recruitment Market includes SAP SE, Zoho Corporation, Google LLC, IBM Corporation, Oracle Corporation, Automatic Data Processing, LCC, Ultimate Software, SmartRecruiters, Jobvite, and CVViZ Softwares Pvt Ltd.
Industry Developments
RedNevada.AI introduced RAI, an advanced recruitment and resourcing co-pilot solution. Kelly Arc launched an online recruitment platform for AI and automation talent. Masai School launched an AI-powered platform for job seekers and recruiters.
Growth Forecast and Research Process
The Global AI Recruitment Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. Both primary and secondary data sources have been used in the global AI Recruitment Market research report to analyze industry-affecting factors and market conditions.
Segmentation and Regional Analysis
The AI Recruitment Market is segmented by product, application, and end-user. Regional analysis covers key regions including North America, Europe, Asia Pacific, Middle East and Africa, and South America, providing unique market trends and growth opportunities specific to each area.
Benefits of the Report
The report offers a descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, Porter's five forces model, and value chain analysis. It also answers key questions related to the global AI Recruitment industry.
Contact Us
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About DataM Intelligence
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. They offer syndicate reports and customized reports with a robust methodology, catering to the key business research needs of their vast clientele.