Pune, India, May 31, 2022 (GLOBE NEWSWIRE) — The advent of Artificial Intelligence and machine learning in HR software solutions is expected to bode well for the global recruitment software market, finds Fortune Business Insights in their new study. The study is titled, “Recruitment Software Market : Global Market Analysis, Insights, and Forecasts, 2018 – 2025.” According to the study, the global recruitment software market will rise at 7.4% CAGR and reach a valuation of US$ 1,753.2 Mn in 2017 to US$ 3,095.8 Mn in 2025.
Currently the implementation and integration services segment holds a major share in the market followed by maintenance and operations and consulting services. In 2017, the implementation and integration services held 35% share in the global market. In the coming years, however, the maintenance and operations services segment is expected to exhibit growth at the fastest rate.
INDUSTRY DEVELOPMENT:
February 2019: Kronos Incorporated announced the expansion of the Workforce Dimensions Technology Partner Network, by introducing new healthcare-focused software providers utilizing the revolutionary workforce dimensions solution and intelligent Kronos D5 platform, to reshape the future of work for healthcare providers and their employees.
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