TechNavio today launched its report Global Recruitment Software Market 2012-2016 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said:”The upsurge in the adoption and usage of the internet has a huge influence on the penetration and adoption of recruitment software. There are several online channels, including social networking sites, search engines, corporate career sites, classified sites, job forums, and public recruitment databases. Which provide easy and fast access to job-related information. Also they provide companies with a wider access to desired candidates. Witnessing the increased adoption of e-recruitment channels, several other forums including part-time and internship portals and government job listing portals are being developed. Therefore, the emergence of e-recruitment processes is expected to immensely support the growth of the Global Recruitment Software market.”
According to the report, organizational culture plays a major role in attracting, hiring, and retaining employees. Recruitment plays a very important role in talent management processes.By using the recruitment software in the HR operations, organizations are able to create growth opportunities for employees and make accurate hiring. Hiring a wrong employee might prove costly for organizations. Similarly, losing an employee can be a loss to organizations and this may weaken their competitive advantage. Therefore, recruitment software is adopted by most of the organizations to maintain employee-centric culture.
Further, the report discusses that the recruitment software is technically very sophisticated and multifaceted. It faces a challenge, as it is generally perceived that the HR staff in organizations, who are the primary users of such software, are not technically sound. They resist adopting and using such modern tools, and obtaining training from vendors, as they are habituated to working with their existing HR systems or any other less complicated enterprise resource planning solutions.
The key vendors dominating the market space are Oracle Taleo Corp., SuccessFactors Inc., Kenexa Corp., and Lumesse Ltd. The other vendors mentioned Peopleclick Authoria Inc., Bullhorn Inc., 2LS Ltd., Accolo Inc., Bond International Software plc, ITS Software Systems Ltd., Jobvite Inc., Microdec plc, Newton Software Pvt. Ltd., Peoplefluent Inc., Swiftpro Ltd., and Hireology Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-recruitment-software-market-2012…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Enterprise Computing market research, please visit https://www.technavio.com/enterprise-computing
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