Market competition is intense among the established players in the global recruitment software market. The companies use different strategies such as acquisitions and technology investments like launching a mobile app to gain the market share. For instance, HireVue offers HireVue Pro, an iPhone app that allows recruiters to design interview questionnaires on phone, and share it with candidates

who can send back their answers in a video. In addition, InstaJob — the mobile recruiting app of CareerCloud —helps enterprises to create visual job ads. The app is available only for iOS and Android devices, and costs $2.99 per download.According to the Technavio analysis, businesses spend up to $4,000 per person to find and hire the right talent. In 2015, the global unemployment rate declined to 5%;the job market is becoming more competitive, resulting in the high adoption of recruitment software to hire the right talent cost efficiently.

PART 01: Executive summary 5

Highlights 5

PART 02: Scope of the report 7

Market overview 7

Major-vendor offerings 9

PART 03: Market research methodology 10

Research methodology 10

Economic indicators 10

PART 04: Introduction 11

Key market highlights 11

PART 05: Market landscape 14

Market overview 14

Global HCM software market 16

Difference between talent acquisition and recruitment 19

Global recruitment software market 20

Share of recruitment software in global HCM market 21

PART 06: Market segmentation by deployment models 23

Deployment models 23

Global recruitment software market by deployment

model 24

Difference between on-premises and SaaS-based

recruitment software 25

PART 07: Geographical segmentation 26

Global recruitment software market by geography 26

Global recruitment software market by geography

(revenue) 27

PART 08: Buying criteria 30

PART 09: Market drivers 32

Increasing acceptance of globally diverse workforce 32

High demand for automated recruitment processes 32

Increased demand for SaaS-based recruitment

software 32

Growing need for cost-efficient solutions 33

PART 10: Impact of drivers 34

PART 11: Market challenges 35

Threat from open-source recruitment software 35

Inadequate training for using recruitment software 35

Intense market competition 36

High implementation and maintenance cost 36

PART 12: Impact of drivers and challenges 37

PART 13: Market trends 38

Increasing use of social media 38

Proliferation of mobile devices in hiring process 38

Emergence of online recruitment channels 39

Five forces model 40

PART 14: Vendor landscape 41

Vendor matrix 42

Vendor rating 45

Description of major vendors 46

Vendor highlights 48

Other prominent vendors 50

PART 15: Appendix 52

List of abbreviations 52

PART 16: Explore Technavio 53