Recruiting and staffing firms use staffing software to recruit, manage, and monitor applicants for corporate clients throughout the hiring process. Throughout the recruiting process, these tools make interactions with applicants and corporate clients easier. Many functionality seen in sales-related software, such as pipeline management capabilities and applicant relationship management tools, are available in staffing solutions.
The growing usage of staffing software by professionals in both established and emerging economies throughout the world is a significant driver driving the worldwide staffing software industry. In addition, the use of staffing software is increasing in small, medium, and big businesses, which is helping the target industry's growth. Furthermore, the outstanding features provided by staffing software are pushing the expansion of staffing software and, as a result, the market for staffing software during the next few years.
Staffing software with a large variety of functions is designed to operate seamlessly with your current recruiting process. To identify and hire the finest applicants, companies of all sizes receive an easy-to-use and completely configurable Applicant Tracking System architecture. This solution was created with professionals in mind, such as those who work in job agencies, search businesses, and staffing organizations. Another key element driving the rise of staffing software is technological advancements and rising digitization.
The report highlights many characteristics of the worldwide staffing software business by evaluating the market against the falling value chain. In the research, there are also several characteristics that include market constraints, drivers and major industry prospects in the Staffing Software sector. In addition, the study provides an extensive assessment of company profiling and of the competitiveness of local and international vendors on the market.
Because of the development in the usage of staffing software in developing nations like India, China, and other rising economies, the Small and Medium Enterprises (SMEs) application sector is expected to hold a significant market share by 2020. In the near future, this aspect will fuel the worldwide staffing software market's rise. Further, the Large Enterprises segment is expected to register considerable revenue share in the coming ten years.
The North American market for staffing software will be one of the most significant in 2020. Staffing software is anticipated to develop rapidly in North America, particularly over the forecast period. This development might be attributed to an increase in the usage of staffing software by small and medium businesses and large businesses throughout the area, particularly in the United States and Canada.
In the global staffing software market, the European market has the second-highest revenue share. In addition to technical improvements, the Asia Pacific region's growth is expected to be fueled by rising digitization in developing nations throughout the projection period. Furthermore, markets in Latin America, the Middle East, and Africa are expected to increase at a moderate rate during the forecast period.
The global staffing software industry is fragmented due to the existence of numerous small and medium-sized producers, although most big firms in Europe and North America are consolidated at the regional level. The key players of the staffing software market are Job Diva, Zoho Recruit, Vincere, Bullhorn, CATS, PCRecruiter, AkkenCloud, JobAdder, Recruiterbox, COMPAS, Hired, Big Biller, Broadbean, and Crelate. Reputable companies are currently offering new staffing software packages. Furthermore, in order to stay competitive on the global market, both well-known and new firms approach the sector using complex and creative approaches.
Segment Overview of Global Staffing Software Market
Type Overview, 2019 - 2028 (USD Million)
- Cloud Based
- Web Based
Application Overview, 2019 - 2028 (USD Million)
- Large Enterprises
Regional Overview, 2019-2028 (USD Million)
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- South America
- Rest of South America