DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/sxfrj8/global) has announced the addition of the "Global Recruitment Software Market 2012-2016" report to their offering.
TechNavio's analysts forecast the Global Recruitment Software market to grow at a CAGR of 10.82 percent over the period 2012-2016. One of the key factors contributing to this market growth is the high demand for cloud-based recruitment software. The Global Recruitment Software market has also been witnessing the increasing adoption of mobile devices. However, the integration issues could pose a challenge to the growth of this market.
This report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the EMEA and APAC regions; it also covers the Global Recruitment Software market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this 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.
Key vendors dominating this space include Kenexa Corp., Lumesse Ltd., Oracle Taleo Corp., and SuccessFactors Inc.
Other vendors mentioned in the report are: Accolo Inc., Bond International Software plc, Bullhorn Inc., ITS Software Systems Ltd., Jobvite Inc., 2LS Ltd., Microdec plc, Newton Software Pvt. Ltd., Peopleclick Authoria Inc., Peoplefluent Inc., Swiftpro Ltd., and Hireology Inc.
Key questions answered in this report:
- What will the market size be in 2016 and at what will be the growth rate?
- What are key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by key vendors?
- What are the strengths and weaknesses of each of these key vendors?
You can request one free hour of analyst time when you purchase this report. Details provided within the report.
For more information visit http://www.researchandmarkets.com/research/sxfrj8/global