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Diversity Recruiting Software Market, Global Outlook and Forecast 2024-2030

Diversity Recruiting Software Market, Global Outlook and Forecast 2024-2030

  • Published on : 21 November 2024
  • Pages :110
  • Report Code:SMR-8019951

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Report overview

The global Diversity Recruiting Software market size was valued at US$ 789.4 million in 2024 and is projected to reach US$ 1.67 billion by 2030, at a CAGR of 13.3% during the forecast period 2024-2030.
The United States Diversity Recruiting Software market size was valued at US$ 289.4 million in 2024 and is projected to reach US$ 589.4 million by 2030, at a CAGR of 12.6% during the forecast period 2024-2030.
Diversity Recruiting Software helps organizations implement and track inclusive hiring practices.
The global market is growing rapidly, driven by DEI initiatives. In 2023, total corporate users reached 25,000, with large enterprises accounting for 55% of demand. The mid-market segment is growing at 14.5% annually. The market saw a 40% increase in demand for bias reduction tools in 2023. Basic platforms dominate with a 65% market share, while AI-powered solutions are growing at 16% annually. North America leads with a 50% market share, while Europe is the fastest-growing region at 14.2% CAGR. The industry is focusing on developing AI-based bias detection, with a 45% growth in R&D investments.
Report Overview Diversity recruiting software enables companies to automate the process of manually sourcing qualified applicant pools for current and future openings. These tools help HR personnel, hiring managers, and recruitment professionals remove unconscious bias during the recruiting and interviewing process. Recruiting diversity solutions employ artificial intelligence to improve job descriptions, identify qualified candidates, and export full candidate profiles, among other tasks. This report provides a deep insight into the global Diversity Recruiting Software market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc. The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Diversity Recruiting Software Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market. In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Diversity Recruiting Software market in any manner. Global Diversity Recruiting Software Market: Market Segmentation Analysis The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments. Key Company Entelo Plum Hired Ideal Be Applied GapJumpers GR8 People HiringSolved Hundred5 Noirefy Opus AI pymetrics Talent Sonar Market Segmentation (by Type) Cloud Based Web Based Market Segmentation (by Application) Large Enterprises SMEs Geographic Segmentation