Talent Acquisition & Staffing Technology and Services Market Size and Analysis till 2031

MARKET OVERVIEW

Talent acquisition & staffing technology and services are the tools and services used by companies to find people with a required talent for a specific job. Talent Acquisition & Staffing Technology and Services helps organizations in anticipating future hiring needs, finding and engaging the best candidates. These solutions help organizations in saving time and resources in staffing.

MARKET SCOPE

The "Global Talent Acquisition & Staffing Technology and Services Market Analysis to 2031" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the talent acquisition & staffing technology and services market with detailed market segmentation by category type, industry type, platform type, and geography. The report provides key statistics on the market status of the leading talent acquisition & staffing technology and services market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on category type, the global talent acquisition & staffing technology and services market is segmented into marketing & advertising, technologies, and services.
  
•   On the basis of industry type, the market is segmented into manufacturing, BFSI, healthcare, IT & telecommunication, retail, and others.
  
•   Based on platform type, the market is segmented into internal referrals, other internet platforms, and social platforms.
  

MARKET DYNAMICS

Drivers:

•   Due to the growing impact of social media in recruiting, Talent Acquisition & Staffing Technology and Services market is experiencing a high demand for more efficient solutions.
  
•   With low employment rate staffing is becoming risky and difficult and talent acquisition and staffing solution providers are focusing on providing enhanced solutions.
  
•   Growth in the popularity of social media and integrated solutions is driving this market whereas the low rate of adoption and high costs are expected to hinder the growth of this market.
  

Restraints:

•   Data privacy and security concerns may hinder the growth of global talent acquisition & staffing technology and services market.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The talent acquisition & staffing technology and services market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the talent acquisition & staffing technology and services market in these regions.

IMPACT OF COVID-19 ON TALENT ACQUISITION & STAFFING TECHNOLOGY AND SERVICES MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the talent acquisition & staffing technology and services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from talent acquisition & staffing technology and services market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the talent acquisition & staffing technology and services market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   CareerBuilder, LLC
  
•   IBM
  
•   Kronos Incorporated
  
•   LinkedIn Corporation
  
•   ORACLE
  
•   PeopleFluent, Inc.
  
•   Saba Software
  
•   Skillsoft
  
•   Adecco Group
  
•   Workday, Inc.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Talent Acquisition & Staffing Technology and Services Report Scope