Global Recruitment Software Markets to 2023 - Dominated by IBM, iCIMS, Lumesse, Oracle and SAP - ResearchAndMarkets.com

General News

Summary

The rise in mergers and acquisition is identified as one of the key trends that will gain traction in the recruitment software market for the next four years.The rising demand for recruitment software is encouraging vendors to undertake mergers and acquisitions to expand their market reach and increase the customer base.According to the report, one driver influencing this market is the use of social media with recruitment software to reach potential candidates.Further, the report states that one challenge affecting this market is the threat from open-source recruitment software.The market appears to be fragmented and with the presence of several companies and the competitive environment is quite intense.

Classifications

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applications
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AskAI Classifications

Labels
Enterprise Software SaaS Data Streaming Platforms

Linked Companies

IBM
$1B+
iCIMS
$100M to $250M
Oracle
$1B+
SAP
$1B+