DUBLIN, Mar 16, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Recruitment Process Outsourcing Market 2017-2021" report to their offering.
The global recruitment process outsourcing market to grow at a CAGR of 17.66% during the period 2017-2021.
The report, Global Recruitment Process Outsourcing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in market is advent of artificial intelligence in recruitment processes. Application of artificial intelligence (AI) technology to recruitment process helps recruiter to identify best candidates. AI tools, with application tracking systems, help the organizations to simplify the recruitment process. AI researchers are continuously developing innovative tools that can streamline the end-to-end recruitment process.
Start-up firms are mainly developing AI solutions for the recruitment process. For instance, Connectifier Search, a product developed by start-up firm Connectifier, uses machine learning AI technology to identify the best suitable candidates from online sources. Connectifier was acquired by LinkedIn in February. This acquisition clearly indicates that recruitment firms are heading toward the next-generation technologies to smoothen the recruitment process.
Key vendors
- ADP
- IBM
- ManpowerGroup
- Randstad Sourceright
Market drivers
- Emergence of nearshore outsourcing destinations.
- For a full, detailed list, view the full report
Market challenges
- Concerns regarding security and quality of service.
- For a full, detailed list, view the full report
Market trends
- Rise of multi-country and centralized outsourcing models.
- For a full, detailed list, view the full report
Companies Mentioned
- ADP
- IBM
- ManpowerGroup
- Randstad Sourceright
- Accenture
- Alexander Mann Solutions
- Allegis Global Solutions
- Futurestep
- Hays
- Hudson
- Infosys
- KellyOCG
- Pontoon Solutions
For more information about this report visit http://www.researchandmarkets.com/research/j8sm7h/global
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