Monday 14 September 2020

Speech and Voice Recognition Market worth $24.9 billion by 2025

 According to the new market research report "Speech and Voice Recognition Market by Technology (Speech and Voice Recognition), Vertical (Automotive, Consumer, Government, Enterprise, Healthcare, BFSI), Deployment (On Cloud & On-Premises/Embedded), and Geography - Global Forecast to 2025", the market is expected to grow from USD 7.5 billion in 2018 to USD 24.9 billion by 2025, at a CAGR of 18.72%. The growth of the speech and voice recognition market can be attributed to the high growth potential in healthcare application, growing demand for voice authentication in mobile banking application, rapid proliferation of multifunctional devices or smart speakers, and growing impact of AI on the accuracy of speech and voice recognition. Moreover, the development of speech and voice recognition software for micro-linguistics and local languages, use of speech and voice recognition technology in the education of temporarily and permanently disabled students, and role of speech and voice recognition technology in autonomous cars are expected to create huge growth opportunities for the players in the speech and voice recognition market.

• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=202401714

Major players in the speech and voice recognition market covered in this report are Nuance (US), Microsoft (US), Alphabet (US), IBM (US), Amazon (US), Sensory (US), Cantab Research (UK), iflytek (China), Baidu (China), and Raytheon BBN Technologies (US).

Browse 74 market data Tables and 47 Figures spread through 163 Pages and in-depth TOC on "Speech and Voice Recognition Market - Global Forecast to 2024"

Speech and voice recognition market for consumer vertical to grow at highest rate during forecast period

Increasing demand for intelligent virtual assistant (IVA) smart speakers with voice capabilities is expected to be the prominent driver for the speech and voice recognition market regarding consumer vertical during the forecast period. IVA smart speakers such as Amazon Eco, Google Home, and Apple HomePod have witnessed triple digit growth in North America and Europe during the last 2 years. Moreover, the speech and voice recognition is expected to witness significant growth in personal robotics market such as robotics pets, cleaning robots, and robot companion.

Automatic speech recognition segment dominated the global speech recognition market throughout the forecast period

Speech recognition is increasingly gaining traction with a number of interactive speech applications available in the market. With growing need for embedded computing and demand for emerging embedded platforms, speech recognition systems (SRS) are also required on these. Moreover, growing demand for speech-enabled consumer electronics devices such as smart home devices, mobile devices, and wearable devices is expected to spur the rapid growth of the speech recognition market during the forecast period.

Americas to hold largest size of speech and voice recognition market by 2025

America has been extremely responsive to the latest technological advancements, such as the integration of artificial intelligence (AI) and the Internet of things (IoT). The speech and voice recognition market is dominated by the Americas owing to the high adoption rate of artificial intelligence software and large-scale deployment of neural networks across various end-use verticals. The major driving factor in the Americas is the presence of major vendors of speech and voice recognition technology such as Nuance Communication (US), Microsoft (US), Amazon (US), IBM (US), and Sensory (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Sunday 13 September 2020

Acoustic Microscopy Market expected to reach 1,241.2 Million USD by 2023

 According to the new market research report "Acoustic Microscopy Market by Offering (Microscopes, Accessories & Software, Services), Application (Non-Destructive Testing, Quality Control, Failure Analysis), Industry (Semiconductor, Life Science), and Geography - Global Forecast to 2023", The acoustic microscopy market is estimated to be USD 951.0 Million in 2018 and is projected to reach USD 1,241.2 Million by 2023, at a CAGR of 5.47% during the forecast period.

• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=219202469

Leading players operating in the acoustic microscopy market includes Sonoscan (US), Hitachi (Japan), PVA TePla (Germany), EAG Laboratories (US), NTS (US), Sonix (US), IP-holding (Germany), Insight K.K. (Japan), OKOS (US), MuAnalysis (Canada), Crest (Malaysia), Predictive Image (France), PicoTech (Israel), Acoustech Systems (US), and Accurex (India).

Browse 61 market data Tables and 51 Figures spread through 144 Pages and in-depth TOC on "Acoustic Microscopy Market - Global Forecast to 2023"

The growth of the acoustic microscopy market can be attributed to various factors, including safety regulations formulated by governments and international bodies, growth of various end-use industries, and increased funding for R&D in microscopy.

The acoustic microscopy market for services is expected to account for the largest market size between 2018 and 2023

Based on offering, the services segment is projected to lead the acoustic microscopy market during the forecast period. Microscopy services are provided for various applications, such as Non-Destructive Testing (NDT), failure analysis, and product reliability testing/quality control. The acoustic microscopy market for services is projected to witness significant growth during the forecast period, owing to the increase in the number of NDT service providers and rise in demand for NDT services from the semiconductor and automotive sectors. There is an inevitable need for NDT inspection in industries, primarily during engineering, assembling, and operating stages. NDT services are adopted by various industries to prevent recurring issues in system components as well as to implement failure management strategies by detecting faults and defects at an initial stage.

The Non-Destructive Testing (NDT) application accounted for the largest share of the acoustic microscopy market in 2017

Based on application, the Non-Destructive Testing (NDT) segment accounted for the largest share of the acoustic microscopy market in 2017, owing to increased awareness regarding industrial non-destructive testing methods and their benefits, such as increased life of equipment and improved production output. Non-destructive tests are used in fabrication and in-service inspections to allow early detection of surface and subsurface defects in finished and Work-in-Progress (WIP) goods. The emergence of automated NDT equipment that offer accurate results is driving the growth of the non-destructive testing application.

The semiconductor industry accounted for the largest share of the acoustic microscopy market in 2017

The semiconductor industry is projected to lead the acoustic microscopy market between 2018 and 2023, owing to the increasing use of microscopy techniques in the semiconductor industry for R&D, quality control, process development, and failure analysis. The rising demand for miniature transistor chips, nanoelectronics, quantum dots, and optoelectronics is a key factor driving the growth of the acoustic microscopy market in the semiconductor industry.

North America is expected to lead the acoustic microscopy market during the forecast period

North America accounted for the largest share of the acoustic microscopy market in 2017. The growth of the acoustic microscopy market in North America is primarily driven by rise in government funding to promote R&D activities in the field of acoustic microscopy and increased focus on nanotechnology and regenerative medicine. The favorable regulatory scenario is a key factor supporting the growth of the acoustic microscopy market in North America, as regulatory approvals play a crucial role in the launch of a new device or instrument in the market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Cleaning Robot Market expected to reach 4.34 Billion USD by 2023

 

According to the new research report "Cleaning Robot Market by Type, Product (Floor-cleaning robot, Lawn-cleaning robot, Pool-cleaning robot, Window-cleaning robot), Application (Residential, Commercial, Industrial, Healthcare), and Geography - Global Forecast to 2023", the cleaning robot market is expected to grow from USD 2.09 Billion in 2018 to USD 4.34 Billion by 2023, at a CAGR of 16.21% between 2018 and 2023. The growth of this market is mainly driven by factors such as penetration of automation in household appliances, rise in labor cost, and increasing safety concern.

• Informational PDF Brochure :-                                     
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=88373349

The key players in the market include iRobot (US), Neato Robotics (US), LG Electronics (South Korea), Samsung Electronics (South Korea), Ecovacs Robotics (China), Dyson (UK), Intellibot Robotics (US), Alfred Kärcher (Germany), ILIFE (China), bObsweep (Canada), Bissell Homecare (US), Miele (Germany), Cyberdyne (Japan), Vorwerk (Germany), and Monoprice (US). The key players in this market are increasingly undertaking the strategies of partnerships and collaborations, and product developments and launches to develop and introduce new technologies and products to the market.

Browse 110 market data Tables and 44 Figures spread through 129 Pages and in-depth TOC on
"Cleaning Robot Market - Global Forecast to 2023"

Floor-cleaning robot expected to hold the largest share of the cleaning robot market by 2023

Floor-cleaning robot is expected to hold the largest share, on the basis of product, of the cleaning robot market by 2023; the growth of the market for this technology attributed the popularity of floor-cleaning robots in the residential sector, which has helped the floor-cleaning robot market to grow at a rapid pace. These robots are equipped with functions such as navigation control systems and sensors (distance counter, gyro, ultrasonic, laser, and bumper switches), which are specifically used to detect obstacles and prevent collisions.

Cleaning robot market for residential application expected to grow at the highest CAGR between 2018 and 2023

The cleaning robot market for the residential application is expected to grow at the highest CAGR between 2018 and 2023. Cleaning robots in the residential application are utilized to perform tasks such as mopping and cleaning. In certain countries, employing domestic workers becomes too expensive; in such cases, cleaning robots can easily undertake the task of cleaning.

APAC expected to dominate the cleaning robot market during the forecast period

The cleaning robot market in APAC is expected to grow at the highest CAGR during the forecast period. Rise in disposable income among consumers in APAC has led to the adoption of cleaning robots. The increasing adoption of cleaning robots and the influx of global players, along with the emergence of native players, are helping the market to grow. As a result, APAC holds a significant share of the overall cleaning robot market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Wednesday 9 September 2020

Tips for Selecting the Best Recruiting Software

 

Recruiting software is the technological platform that enables recruiters in optimizing their recruitment process. The software is used by recruitment teams in organizations for finding candidates, screening their resumes, conducting virtual interviews, and sending offer letters. Usually companies require more than a month for hiring the right candidates and sending offer letters. This process is very tedious and time consuming as it starts with the short-listing of candidates from numerous applications which are then followed by a series of interviews before finalizing candidatesRecruiting software enables ease in managing these tasks and makes it possible to hire candidates within short periods. The software increases the organizational efficiency of hiring and enhances the candidate hiring quality?.

• Know More : https://www.360quadrants.com/software/recruiting-software?&page=1

Various vendors in the market are offering recruiting software with competitive features and services. Therefore, selecting the right recruiting software can be a challenging task. The first thing you need to consider before choosing the software is that you should ensure that the software aligns well with the organizations goals. To ease this process, let us first see the common challenges organizations face, after which we will go ahead with few tips that will be helpful for selecting the best recruiting software. 

Common recruiting challenges faced by organizations

Organizations usually face few major challenges in recruiting processes. To tackle these challenges, they require the recruiting software. 

Excess time for backend recruitment work: Many companies face the challenge that recruitment teams spend a high amount of time in arranging backend work. Recruiting software offers features such as candidate information database, candidate screening, arranging interview kits and their scorecards, merging duplicate profiles, searching candidates with specific keywords, and various such features. 

Lack of skilled candidate applications: To get applications from skilled candidates, recruiting software offers some special features such as creating appealing career sites which are customizable by organization, job board integration, social media recruitment, employee referral programs, extension sourcing, and various others. 

Lower interaction with candidates through emails: To overcome this challenge, recruiting software is loaded with features such as email templates, list segmentation, tracking candidate actions, reminders, and notifications. 

Hiring analytics: Organizations want to know how their teams are performing. With recruiting software, organizations can check the analytical reports showing their team productivity, hiring productivity, career site analytics, and engagement analytics. 

Tips for selecting the best Recruiting Software 

Here is checklist that will guide you in selecting the correct software for your organization: 

Finalizing the type of recruiting software most suitable for your organization 

There are four types of recruiting software available in market that help organizations in the different stages of recruitment. They are, namely, sourcing tools, recruitment marketing platform, candidate relationship management software, and applicant tracking system. All these types have their own features. Therefore, you have to decide whether you want software that is helpful in particular stage, or prefer software that offers all the above features in one single unit. 

Size and type of business 

This is one of the important points required to be thought about. Before selecting the software, you need to make sure that the software is compatible with the size and type of your business as large enterprises need more advanced features while small ones need a lower number of features. Similarly, enterprises, SMBs, and agencies need different features in this software. 

Flexibility and user-friendliness 

Before selecting the software, ensure that the software provides you the required features with just few clicks. Otherwise, acquiring software with high-tech features which is complex to use will be not at all be helpful. You also need to check if the software is flexible enough to grow along with business growth so that repeated investments are not required. 

Technical assistance 

This is one of the key criteria for any software. Before going ahead with the investment, make sure that the vendor is offering complete 24x7 technical assistance and is offering periodical upgrades for your software. Check the reviews of other clients for the vendor that you intend to select. This will be very helpful. 

Integration 

In organizations, there are various other existing software. Therefore, it is important to check if the selected software is offering integration features with other software such as job boards, HRIS, etc. It is wise to select software with open API. 

Budget 

Finalize the budget of your organization and based on that, select the vendors offering the features that are required for your organization. Many vendors offer discounts and free trials.

Tuesday 8 September 2020

Heat Interface Unit Market expected to reach 591.3 Million USD by 2023

According to the new market research report on the "Heat Interface Unit Market by Component (Heat Exchangers, Controllers, Pumps, Sensors, and Valves), Product (Indirect and Direct), Application (Residential, Commercial, and Industrial), and Geography - Global Forecast to 2023", this market is expected to grow from USD 374.7 Million in 2017 to USD 591.3 Million by 2023, at a CAGR of 7.9%   between 2017 and 2023. The major factors driving the growth of the heat interface unit market include the increasing supportive regulatory and legislative framework, growing use of district heating (DH) solutions, and increased adoption of smart homes in developing nations.

• Information PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=36022569

The report also profiles the most promising players in this market. The competitive landscape of the market presents an interesting picture where a large number of players have become a force to reckon with. The key players in this market are Armstrong Fluid Technology (Canada), Bosch (UK), Dutypoint  (UK), Honeywell (Switzerland), Kingspan (Ireland), GIACOMINI  (Italy), Docherty  (UK), Caleffi  (Italy), ALFA LAVAL (Sweden), Danfoss (Denmark), Reliance Worldwide Corporation (UK) , and Intatec  (UK).

Browse 62 market data Tables and 37 Figures spread through 131 Pages and in-depth TOC on "Heat Interface Unit Market - Global Forecast to 2023"

Heat exchangers are expected to hold the largest market size by 2023

Heat exchangers are likely to propel the heat interface unit market growth. In Indirect HIU type, two-plate heat exchangers are used. These heat exchangers keep secondary heating circuits separate from the primary heating circuits. As a result, this type of heat exchangers provide pressure break and better efficiency; hence, the growth of this market can be attributed to the growing demand for indirect HIUs from the residential, commercial, and industrial applications.

The market for the commercial application to grow at the highest CAGR during 2017–2023

The heat interface unit market for the commercial application is likely to grow at the highest CAGR during the forecast period. This growth is attributed to the need for better energy efficiency by commercial buildings, institutes, and offices.

Indirect HIUs to hold a larger share of the heat interface unit market by 2023

Indirect HIUs are expected to contribute significantly to the heat interface unit market. Owing to the better operational efficiency, the market size of indirect HIUs is larger than that of direct HIUs.  Advantages of using indirect HIUs include the clarity of primary and secondary circuits; primary and secondary circuits can be independently isolated for maintenance; and primary and secondary circuit water can be cleaned and inhibited separately. As a result, there are very few chances of pipe burst and water damage. Hence, indirect HIUs are widely used in all applications such as commercial, residential, and industrial.

The heat interface unit market in the Americas to grow at the highest CAGR during 2017–2023

The market in the Americas is expected to grow at the highest CAGR during the forecast period. The high growth can be attributed to the increasing use of energy-efficient products and government initiatives. For instance, the U.S. Green Building Council has initiated to develop an energy-efficient neighborhood by engaging district heating strategies, which will help to reduce energy use and adverse energy-related environmental effects. Through this initiation, the government is planning to incorporate a district heating system for space heating and/or water heating of new buildings (at least two buildings). As a result, at least for 80% of the construction projects, district heating solutions will be provided. These government initiatives are driving the heat interface unit market in the US.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

European Smart Home Market worth $39.6 billion by 2025

According to the new research report, the "European Smart Home Market with COVID-19 Impact Analysis by Product (Lighting Control, Security & Access Control, HVAC Control, Home Healthcare), Software & Services (Proactive, Behavioural), and Region - Global Forecast to 2025", size is expected to grow from USD 23.2  billion in 2020 to USD 39.6  billion by 2025, at a CAGR of 11.3%. The growth of the market is driven by many factors, such as an increasing number of internet users, increasing disposable income of people in developing economies, the rising importance of home monitoring in remote locations, and the growing need for energy-saving & low carbon emission-oriented solutions. Moreover, the rapid proliferation of smartphones & smart gadgets, expansion of smart home product portfolio by a large number of players, growing concern about safety, security, and convenience among the general population will fuel the demand for smart home solutions.

• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1290

Browse 150 market data Tables and 57 Figures spread through 245 Pages and in-depth TOC on "European Smart Home Market with COVID-19 Impact Analysis - Global Forecast to 2025"

The smart speakers market is likely to grow at a high rate during the forecast period.”

The growth of the smart speaker market is driven primarily by the increasing adoption of smart homes, high disposable income, the popular trend of personalization, and the rapid proliferation of multifunctional devices. Factors such as increasing focus of companies on enhancing customer experience and consumer preference for technologically advanced products over traditional products are expected to provide opportunities to smart speaker providers.  Further, recent developments in artificial intelligence (AI) and natural language processing (NLP) to enhance voice recognition capabilities have increased the overall demand for smart speakers in smart homes.

“The proactive type software and services segment to grow at a higher rate during the forecast period.”

Proactive type software and services facilitate the transmission of data, along with the best possible solutions, to end-users for actions to be taken after receiving the information. The proactive type enables the transfer of a larger volume of data than the behavioral type; it can provide inputs to end-users regarding effective energy usage and required actions on the physical parameters to reduce energy consumption.

Proactive solutions are more beneficial than the behavioral type as they can also send recommendation signals to end-users to take necessary actions to reduce energy consumption. Moreover, based on the user’s actions, measures to control electronic devices can be implemented. Due to these advantages, the market for proactive type software and services is expected to grow at a higher rate during the forecast period.

“The European smart home market is expected to grow at a significant rate during the forecast period.”

The drive for “green city” projects brings more energy efficiency in most EU countries. This has created a market opportunity for the manufacturers of energy-efficient smart lighting solutions. Europe would probably be the leading adopter of LED solutions. An increase in construction activities, followed by a growth in new installations of lighting fixtures and dimmers, drives the smart lighting market in this region. Moreover, some consumers and professional lighting companies are switching to LEDs. All these factors have substantially contributed to boosting the demand for smart homes in Europe.

The smart home market is currently dominated by Johnson Controls International (Ireland), United Technologies Corporation (US), Schneider Electric (France), Honeywell International, Inc. (US), and Siemens AG (Germany).

Other players operating in the smart home market are Amazon, Inc. (US), Apple Inc. (US), Google (US), ADT (US), Robert Bosch Gmbh (Germany), ASSA ABLOY (Sweden), ABB Ltd. (Switzerland), Ingersoll-Rand PLC (Ireland), ABB (Switzerland), Legrand S.A. (France), GE (US), Comcast Corp. (US), Hubbell Inc. (US), Samsung Electronics Co., Ltd. (South Korea), LG Electronics (South Korea), Sony (Japan), Control4 Corp. (US), Lutron Electronics Co. Inc. (US), Vivint (US), and Axis Communication AB (Sweden), among others. Almost all companies, including key players, have adopted a few major strategies such as product developments and launches, mergers and acquisitions, and partnerships and collaborations to grow in the smart home market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Types of Recruiting Software: Enterprise, SMB, and Agency

 

Recruiting Software is subset of human resource management that helps companies manage their recruitment processes completely. The software easily manages candidate search and recruitment until their onboarding. The software posts jobs, shortlists resumes, and goes ahead with the interview process. With this high level of automation, there is no need for any paperwork. The major benefits of using the recruiting software are that it saves the time needed for performing recurring tasks, enhances recruiting productivity, and comes with AI-based recruiting software that performs precise evaluation of candidates. 

• Know More : https://www.360quadrants.com/software/recruiting-software

Recruiting Software is available in the market with varied features and types. However, there are different types of buyers and businesses that need this software for managing their recruitment process. There are three main types of buyers: Enterprise, SMB, and Agency. The requirements and expectations from software of all these buyers are different. Let us see how to get the desired software based on the type of buyer you are. 

The software comes with multiple features, out of which, cloud-based software is found to be more configurable as per the requirements of clients. The basic features of recruiting software are common for all types of buyers, but few features differ when the search is narrowed down to specific buyer. 

Recruiting Software for Enterprise 

Enterprises usually have their own HRM system. They need huge amounts of collaboration when selecting any candidate for vacancy that they may have. Therefore, the recruiting software for enterprises must be able to integrate with the existing systems of enterprises and offer features like candidate information sharing and feedback. The software widely used by enterprises provides integration with the company website so that job openings can be posted on the career page and employee referral programs and internal selection of candidates is also made possibleFew vendors offering recruiting software for enterprise are Workday HCM, SmartRecruiters, Zoho Recruit, CATS, and Ceipal TalentHire. 

Recruiting Software for SMB 

Small and medium businesses are not well-established and need a solution that can automate the recruitment process at an affordable cost. Such companies require solution that can be easily integrated with existing data in order to boost efficiency. SMBs also look for software vendors that offer free version with limited number of features. However, companies upgrade the free version as they grow. Few vendors offering recruiting software for SMBs are Workable, PCRecruiter, iSmartRecruit, Oorwin, and Vincere. 

Recruiting Software for Agency 

Recruiting Software used by agencies have similar features to enterprise recruiting software. Since agencies work with various other enterprises as well as individuals, they need features like email integration, data management, drag drop, advanced filters, and timesheets. Software with CRM integration is preferred among agencies. Few vendors offering recruiting software for agencies are Bullhorn, Jobsoid, Recruiterflow, LinkedIn, and Recooty. 

List of Recruiting Software based on type of buyer 

For making the best out of the software, it is important to select software based on the type of buyer you are. The above list features few top vendors categorized by buyer type. You can also go through the 360Quadrants website to get list of other top vendors offering Recruiting Software. 

Suggested Read: Recruiting Software and lockdown tips for recruiters 

ABOUT 360QUADRANTS 

360Quadrants is the largest marketplace looking to disrupt USD 3.7 trillion of technology spends and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. It facilitates deeper insight using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7500 vendors. Companies get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and startups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide. The platform has around 400 total buyers across various markets. 

360Quadrants will also be launching quadrants in fields like Onboarding SoftwareHuman Resource Software, and Employee Scheduling Software. 

Contact: 
Mr. Agney Sugla 
agney@marketsandmarkets.com 
630 Dundee Road, Suite 430 
Northbrook, IL 60062 
USA: +1-888-600-6441