About Staffing Software
The global staffing software market is expected to grow at a healthy pace during the forecast period, according to the AMA study. Staffing companies are companies that direct employers to employees for recruitment purposes. The rising adoption of automated interview & candidate management and increasing automation across different industries are expected to be some of the major factors aiding the growth of the market. However, the market is expected to witness a decline in growth during FY 2020 but it is again expected to rise at a healthy pace after the COVID-19 pandemic is over.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the global market. According to the recent global industry crisis due to the outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Staffing Software market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AkkenCloud (United States), CATS Software Inc. (United States), CEIPAL Solutions Pvt. Ltd (India), Flo Backoffice Solutions Limited (United Kingdom), FoxHire LLC (United States), Fusion Recruiting Labs, Inc. (United States), Nocore Group BV (Netherlands), Nowsta (United States), Oorwin.com (India) and Recruiterflow (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are TempWorks Software (United States) and Zoho Corporation (India).
Segmentation Overview
AMA Research has segmented the market of Global Staffing Software market by , Application (Billing & Invoicing, Candidate Management, Interview Management, Job Posting, Job Requesting, Onboarding, Payroll Management, Resume Parsing, Self Service Portal, Temporary Staffing and Others) and Region.
On the basis of geography, the market of Staffing Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. Cloud Based will boost the Staffing Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Enterprise Size, the sub-segment i.e. Large Enterprises will boost the Staffing Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform, the sub-segment i.e. Windows will boost the Staffing Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Stringent Government Regulations Regarding Shutting Down of Operations Across Different Industries Worldwide Due to the COVID-19 Pandemic is Impacting the Demand for Staffing Agency Software
Market Drivers
- Increasing Automation Across Different Industries Propelling the Demand for Software & Solutions for Staffing Operations
- High Demand for Automated Interview & Candidate Management
Opportunities
- Opportunities Across Asia Pacific Region Propelled by Rising Number of Enterprises Across Emerging Countries
Restraints
- Availability of Open Source Platforms
Challenges
- Reduced Operations Across Different Industries Owing to COVID-19 Pandemic Reducing the Demand for Staffing Software
- Reduced Hirings Across Different Companies Globally Due to Economic Crisis Across Various Sectors
Key Target Audience
Staffing Solution Providers, Emerging Companies, Research Professionals and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.