DUBLIN, Oct. 29, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/w6drvq/global_talent) has announced the addition of the "Global Talent Acquisition Software Market 2015-2019" report to their offering.
The report forecasts the global talent acquisition software market to grow at a CAGR of 19.79% in terms of revenue during the period 2014-2019.
The report, Global Talent Acquisition Software Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of global talent acquisition software market and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Talent acquisition is the process of finding and acquiring skilled workforce as per the requirements in organizations. Talent acquisition team of HR department is responsible for searching, acquiring, assessing, and hiring candidates that will fit organizational goal and project requirements. Talent acquisition software helps organizations in leveraging video, social, and mobile technologies for managing talent lifecycle. This lifecycle includes the development of talent pools, integrating marketing automation tools, screening of applicants, and on-boarding of applicants
Around 30% of organizations are now showing interest in video interviewing and are looking forward to investing in this technology. Video based interviewing not only redefines the experience a candidate expects to have in an interview processes, but it also creates new opportunities for organizational growth and productivity.
According to the report, with the market expansion being witnessed in recent years, many companies are trying to regain a competitive advantage through the recruitment of potential candidates.
Further, the report states that increased complexity in integrating both their existing software and talent acquisition software presents a key market challenge.
To calculate the market size, the report considers subscription and licensing revenue from the sales of the following enterprise applications:
- On-premise solutions
- On-demand solutions
- CornerStone on Demand
Other prominent vendors
- Halogen Software
- HireCraft Software
- Infor Global Solutions
- Saba Software
- SilkRoad Technology
- SumTotal Systems
- Ultimate Software
For more information visit http://www.researchandmarkets.com/research/w6drvq/global_talent
Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets