The Key Players in Recruitment Software Market

Thursday 5 February 2015, Amsterdam

The new report recognizes the following companies as the key players in Global Recruitment Software Market: Kenexa (IBM) Corp., Lumesse Ltd., Oracle Taleo Corp., SuccessFactors (SAP) Inc., 2LS Ltd., Bond International Software, Bullhorn Inc., First Choice Software, Hireology , ITS Software Systems Ltd., Matchmaker Software Ltd., Microdec plc , Peopleclick Authoria, People fluent, Swiftpro Ltd.

Commenting on the report, an analyst from the new reports team said: “The Increased use of mobile devices for recruitment purposes is a major trend in the Global Online Recruitment market. Nowadays, mobile devices such as smartphones and tablets are being used by job aspirants to access job-related information. Recruiters are also using mobile devices to post new jobs.

Candidates are increasingly using mobile devices to connect with recruiters without any time or location constraints. With an increase in the adoption of mobile devices, a number of vendors are launching mobile applications that can provide employment opportunities for candidates at their convenience. For instance, CareerBuilder.com provides a service known as Mobile Ambassador, which is a mobile intranet with social networking features such as chat and video. Monster.com has launched Monster Jobs, a mobile application that is accessible on Android phones and iPhones.”

According to the report, the growth of the Global Recruitment Software market is driven by several factors. The rise in demand for cloud-based recruitment software is the major driver. Equipped with the ability to manage recruitment effectively, cloud computing technology enables enterprises to recruit the right person for the right position in an economical and time-bound manner. The major benefit of cloud-based recruitment software is that an end-user can login from any web-enabled device such as a desktop computer, laptop, iPhone, iPad, or tablet in any place.

Further, the report states that the process of integration is one of the main challenges. The integration of recruitment software with on-premises legacy systems is one of the major challenges confronted by this market. The growing number of mergers and acquisition between companies and the increasing complexity of the company infrastructure give rise to issues of integration. These issues increase the cost of software installation.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.