Key Values Provided by a Virtual Hiring Tools Market
The Virtual Hiring Tools is growing at a 30% during the forecasted period of 2019 to 2031.Virtual Hiring Tools Market Size in (USD Billion) CAGR Growth Rate 30%
| Study Period | 2019-2031 |
| Market Size (2023): | 3Billion |
| Market Size (2031): | 8Billion |
| CAGR (2023 - 2031): | 30% |
| Fastest Growing Region | Europe |
| Dominating Region | North America |
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Virtual hiring is a process that occurs remotely, with no personal interactions between recruiters and candidates. This is usually facilitated by technology solutions such as video conferencing software, virtual event software, and chat solutions. These enable recruiters to conduct interviews and evaluate candidates remotely. Virtual hiring encompasses almost every aspect of the digital recruiting ecosystem. In addition to video conferencing interviews, recruiters can virtually engage candidates through text recruitment, live chat, and automated chatbots. Virtual events such as career fairs, seminars, information sessions, webinars, and professional development sessions are also versions of virtual recruiting. In recent years, virtual hiring has grown from a novelty to a necessity for recruiters around the world. The recent disruptions to the global economy, as well as our ability to travel and gather together, have only made virtual recruiting even more important to any company's hiring strategy. Before COVID-19, some companies had already implemented some virtual recruiting strategies, but now more and more companies are actively recruiting, hiring, and engaging without ever meeting candidates in person. Virtual hiring strategies are important tools in the toolbox. You can help companies hire remote workers from around the world without worrying about flying people into meetings. And in the event of a national crisis or a company-specific problem, the recruiting process can continue without any problems.
A market research report study provides invaluable data-driven insights that allow businesses to make informed decisions based on accurate market trends, customer behaviors, and competitor analysis. These reports help organizations better understand the evolving needs of their target audience, enabling more customer-focused strategies.
Additionally, they provide a competitive advantage by revealing competitors' strengths and weaknesses, helping companies refine their positioning and stay ahead. Market research reports also play a crucial role in risk reduction by identifying potential challenges, allowing businesses to anticipate and mitigate risks before entering new markets or launching products.
Moreover, these reports uncover growth opportunities and emerging trends, allowing companies to innovate or expand into underserved markets. They are essential for strategic planning, aligning business goals with market realities to ensure long-term success. Investors also rely on market research reports to evaluate industry potential, making these reports key tools for making low-risk investment decisions. A market research report provides essential insights for growth, competitive positioning, and sound business strategy.
Market Dynamics
Influencing Trend:- Remote working trend
Market Growth Drivers:
- The Ongoing Digitalization Across The Developing Economies
- The Rise In Work-From-Home
- Social Distancing
- Lockdowns
- Major Restrictions On Gatherings
- And Other Respective Factors Evolved Due To The Covid-19 Pandemic
Challenges
- Data Privacy Concerns
Opportunities
- The Development Of Advance And Convenient Solutions That Can Ease The Hiring Process Along With The Effective Maintenance Of Data
Asia-Pacific is a fast-growing region with high demand for both high-tech and affordable products, driven by urbanization and rising middle-class incomes. Latin America prioritizes affordability amidst economic fluctuations, with Brazil and Mexico leading in market growth. In the Middle East and Africa, market trends are influenced by cultural preferences, with luxury goods prominent in the Gulf States and gradual growth in sub-Saharan Africa. Global trends like sustainability and digital transformation are impacting all regions.
The North America Dominant Region currently dominates the market share, fueled by increasing consumption, population growth, and sustained economic progress, which collectively enhance market demand. Conversely, the Europe is the fastest-growing Region is rapidly becoming the fastest-growing region, driven by significant infrastructure investments, industrial expansion, and rising consumer demand.
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
Europe
Dominating Region
North America
Competitive Insights
The key players in the Virtual Hiring Tools are intensifying their focus on research and development (R&D) activities to innovate and stay competitive. Major companies, such as AllyO (United States), Harver B.V. (United States), Myinterview Solutions Pty Ltd., RecRight (Finland), Spark Hire (United States), VidCruiter (Canada), XOR (United States), TurboHire Technologies Pvt. Ltd. (India), Jobsoid Inc. (United States), Shine (United States), LinkedIn Corporation (United States), Monster Worldwide Inc. (United States), OPTnation (United States) are heavily investing in R&D to develop new products and improve existing ones. This strategic emphasis on innovation drives significant advancements in product formulation and the introduction of sustainable and eco-friendly products.Moreover, these established industry leaders are actively pursuing acquisitions of smaller companies to expand their regional presence and enhance their market share. These acquisitions not only help in diversifying their product portfolios but also provide access to new technologies and markets. This consolidation trend is a critical factor in the growth of the consumer goods industry, as it enables larger companies to streamline operations, reduce costs, and increase their competitive edge.
In addition to R&D and acquisitions, there is a notable shift towards green investments among key players in the consumer goods industry. Companies are increasingly committing resources to sustainable practices and developing environmentally friendly products. This green investment responds to growing consumer demand for sustainable solutions and stringent environmental regulations. By prioritizing sustainability, these companies are not only contributing to environmental protection but also positioning themselves as leaders in the green movement, thereby fueling market growth.
The companies highlighted in this profile were selected based on insights from primary experts and an evaluation of their market penetration, product offerings, and geographical reach:
- AllyO (United States)
- Harver B.V. (United States)
- Myinterview Solutions Pty Ltd.
- RecRight (Finland)
- Spark Hire (United States)
- VidCruiter (Canada)
- XOR (United States)
- TurboHire Technologies Pvt. Ltd. (India)
- Jobsoid Inc. (United States)
- Shine (United States)
- LinkedIn Corporation (United States)
- Monster Worldwide Inc. (United States)
- OPTnation (United States)
Virtual Hiring Tools Market Segmentation by Players
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Key Highlights
Segmentation by Type
- Interview Platforms
- Screening Tools
- Video Interviewing
- AI Assessments
Virtual Hiring Tools Market Segmentation by Type
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Segmentation by Application
-
- HR
- Recruitment
- E-commerce
- Corporate Training
- Startups
Virtual Hiring Tools Market Segmentation by Application
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- Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice
Regional Analysis
The Top-Down and Bottom-Up Approaches
The top-down approach begins with a broad theory or hypothesis and breaks it down into specific components for testing. This structured, deductive process involves developing a theory, creating hypotheses, collecting and analyzing data, and drawing conclusions. It is particularly useful when there is substantial theoretical knowledge, but it can be rigid and may overlook new phenomena.
Conversely, the bottom-up approach starts with specific data or observations, from which broader generalizations and theories are developed. This inductive process involves collecting detailed data, analyzing it for patterns, developing hypotheses, formulating theories, and validating them with additional data. While this approach is flexible and encourages the discovery of new phenomena, it can be time-consuming and less structured.
Swot and Pestal Analysis
SWOT AnalysisSWOT Analysis evaluates a company’s internal Strengths and Weaknesses, as well as external Opportunities and Threats. This analysis helps businesses identify their competitive advantages, address internal challenges, and seize external opportunities while mitigating potential risks. It is performed to gain a comprehensive understanding of the organization's position in the market, align strategies with its strengths, and effectively navigate competitive landscapes.
PESTEL Analysis
Political, Economic, Social, Technological, Environmental, and Legal factors impacting the business environment. This analysis helps organizations anticipate external changes, adapt strategies to macroeconomic trends, and ensure compliance with regulatory requirements. It is crucial for understanding the external forces that could influence business operations and for planning long-term strategies that align with evolving market conditions.
Report Infographics:
| Report Features | Details |
| Base Year | 2023 |
| Based Year Market Size 2023 | 3Billion |
| Historical Period | 2019 |
| CAGR (2023 to 2031) | 30% |
| Forecast Period | 2031 |
| Forecasted Period Market Size (2031) | 8Billion |
| Scope of the Report |
Interview Platforms, Screening Tools, Video Interviewing, AI Assessments HR, Recruitment, E-commerce, Corporate Training, Startups |
| Regions Covered | North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA |
| Companies Covered | AllyO (United States), Harver B.V. (United States), Myinterview Solutions Pty Ltd., RecRight (Finland), Spark Hire (United States), VidCruiter (Canada), XOR (United States), TurboHire Technologies Pvt. Ltd. (India), Jobsoid Inc. (United States), Shine (United States), LinkedIn Corporation (United States), Monster Worldwide Inc. (United States), OPTnation (United States) |
| Customization Scope | 15% Free Customization (For EG) |
| Delivery Format | PDF and Excel through Email |
Virtual Hiring Tools - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Virtual Hiring Tools Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Virtual Hiring Tools Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Virtual Hiring Tools Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 The Ongoing Digitalization across the Developing Economies
- 3.1.2 The Rise in Work-From-Home
- 3.1.3 Social Distancing
- 3.1.4 Lockdowns
- 3.1.5 Major Restrictions on Gatherings
- 3.1.6 and Other Respective Factors Evolved Due To the Covid-19 Pandemic
-
3.2 Available Opportunities
- 3.2.1 The Development of Advance and Convenient Solutions That Can Ease the Hiring Process Along With the Effective Maintenance of Data
- 3.2.2 The Ongoing R&D Act
-
3.3 Influencing Trends
- 3.3.1 Remote working trend
- 3.3.2 AI-driven solutions
-
3.4 Challenges
- 3.4.1 Data privacy concerns
- 3.4.2 integration complexity
- 3.5 Regional Dynamics
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Chapter 4 : Global Virtual Hiring Tools Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Virtual Hiring Tools Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: Virtual Hiring Tools : Competition Benchmarking & Performance Evaluation
- 5.1 Global Virtual Hiring Tools Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Virtual Hiring Tools Revenue 2023
- 5.3 Global Virtual Hiring Tools Sales Volume by Manufacturers (2023)
- 5.4 BCG Matrix
- 5.4 Market Entropy
- 5.5 Strategic Group Analysis
- 5.6 5C’s Analysis
Chapter 6: Global Virtual Hiring Tools Market: Company Profiles
- 6.1 AllyO (United States)
- 6.1.1 AllyO (United States) Company Overview
- 6.1.2 AllyO (United States) Product/Service Portfolio & Specifications
- 6.1.3 AllyO (United States) Key Financial Metrics
- 6.1.4 AllyO (United States) SWOT Analysis
- 6.1.5 AllyO (United States) Development Activities
- 6.2 Harver B.V. (United States)
- 6.3 Myinterview Solutions Pty Ltd.
- 6.4 RecRight (Finland)
- 6.5 Spark Hire (United States)
- 6.6 VidCruiter (Canada)
- 6.7 XOR (United States)
- 6.8 TurboHire Technologies Pvt. Ltd. (India)
- 6.9 Jobsoid Inc. (United States)
- 6.10 Shine (United States)
- 6.11 LinkedIn Corporation (United States)
- 6.12 Monster Worldwide Inc. (United States)
- 6.13 OPTnation (United States)
- 6.14 Recruit Holdings Co. Ltd. (Japan)
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Sectional Purchase
Chapter 7 : Global Virtual Hiring Tools by Type & Application (2019-2031)
-
7.1 Global Virtual Hiring Tools Market Revenue Analysis (USD Million) by Type (2019-2023)
- 7.1.1 Interview Platforms
- 7.1.2 Screening Tools
- 7.1.3 Video Interviewing
- 7.1.4 AI Assessments
- 7.1.5 Recruitment Analytics
-
7.2 Global Virtual Hiring Tools Market Revenue Analysis (USD Million) by Application (2019-2023)
- 7.2.1 HR
- 7.2.2 Recruitment
- 7.2.3 E-commerce
- 7.2.4 Corporate Training
- 7.2.5 Startups
- 7.3 Global Virtual Hiring Tools Market Revenue Analysis (USD Million) by Type (2023-2031)
- 7.4 Global Virtual Hiring Tools Market Revenue Analysis (USD Million) by Application (2023-2031)
Chapter 8 : North America Virtual Hiring Tools Market Breakdown by Country, Type & Application
- 8.1 North America Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 8.2.1 Interview Platforms
- 8.2.2 Screening Tools
- 8.2.3 Video Interviewing
- 8.2.4 AI Assessments
- 8.2.5 Recruitment Analytics
-
8.3 North America Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 8.3.1 HR
- 8.3.2 Recruitment
- 8.3.3 E-commerce
- 8.3.4 Corporate Training
- 8.3.5 Startups
- 8.4 North America Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 8.5 North America Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 8.6 North America Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
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Chapter 9 : LATAM Virtual Hiring Tools Market Breakdown by Country, Type & Application
- 9.1 LATAM Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 9.2.1 Interview Platforms
- 9.2.2 Screening Tools
- 9.2.3 Video Interviewing
- 9.2.4 AI Assessments
- 9.2.5 Recruitment Analytics
-
9.3 LATAM Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 9.3.1 HR
- 9.3.2 Recruitment
- 9.3.3 E-commerce
- 9.3.4 Corporate Training
- 9.3.5 Startups
- 9.4 LATAM Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 9.5 LATAM Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 9.6 LATAM Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 10 : West Europe Virtual Hiring Tools Market Breakdown by Country, Type & Application
- 10.1 West Europe Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 10.2.1 Interview Platforms
- 10.2.2 Screening Tools
- 10.2.3 Video Interviewing
- 10.2.4 AI Assessments
- 10.2.5 Recruitment Analytics
-
10.3 West Europe Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 10.3.1 HR
- 10.3.2 Recruitment
- 10.3.3 E-commerce
- 10.3.4 Corporate Training
- 10.3.5 Startups
- 10.4 West Europe Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 10.5 West Europe Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 10.6 West Europe Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 11 : Central & Eastern Europe Virtual Hiring Tools Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 11.2.1 Interview Platforms
- 11.2.2 Screening Tools
- 11.2.3 Video Interviewing
- 11.2.4 AI Assessments
- 11.2.5 Recruitment Analytics
-
11.3 Central & Eastern Europe Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 11.3.1 HR
- 11.3.2 Recruitment
- 11.3.3 E-commerce
- 11.3.4 Corporate Training
- 11.3.5 Startups
- 11.4 Central & Eastern Europe Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 11.5 Central & Eastern Europe Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 11.6 Central & Eastern Europe Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 12 : Northern Europe Virtual Hiring Tools Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 12.2.1 Interview Platforms
- 12.2.2 Screening Tools
- 12.2.3 Video Interviewing
- 12.2.4 AI Assessments
- 12.2.5 Recruitment Analytics
-
12.3 Northern Europe Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 12.3.1 HR
- 12.3.2 Recruitment
- 12.3.3 E-commerce
- 12.3.4 Corporate Training
- 12.3.5 Startups
- 12.4 Northern Europe Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 12.5 Northern Europe Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 12.6 Northern Europe Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 13 : Southern Europe Virtual Hiring Tools Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 13.2.1 Interview Platforms
- 13.2.2 Screening Tools
- 13.2.3 Video Interviewing
- 13.2.4 AI Assessments
- 13.2.5 Recruitment Analytics
-
13.3 Southern Europe Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 13.3.1 HR
- 13.3.2 Recruitment
- 13.3.3 E-commerce
- 13.3.4 Corporate Training
- 13.3.5 Startups
- 13.4 Southern Europe Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 13.5 Southern Europe Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 13.6 Southern Europe Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 14 : East Asia Virtual Hiring Tools Market Breakdown by Country, Type & Application
- 14.1 East Asia Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 14.2.1 Interview Platforms
- 14.2.2 Screening Tools
- 14.2.3 Video Interviewing
- 14.2.4 AI Assessments
- 14.2.5 Recruitment Analytics
-
14.3 East Asia Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 14.3.1 HR
- 14.3.2 Recruitment
- 14.3.3 E-commerce
- 14.3.4 Corporate Training
- 14.3.5 Startups
- 14.4 East Asia Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 14.5 East Asia Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 14.6 East Asia Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 15 : Southeast Asia Virtual Hiring Tools Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 15.2.1 Interview Platforms
- 15.2.2 Screening Tools
- 15.2.3 Video Interviewing
- 15.2.4 AI Assessments
- 15.2.5 Recruitment Analytics
-
15.3 Southeast Asia Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 15.3.1 HR
- 15.3.2 Recruitment
- 15.3.3 E-commerce
- 15.3.4 Corporate Training
- 15.3.5 Startups
- 15.4 Southeast Asia Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 15.5 Southeast Asia Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 15.6 Southeast Asia Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 16 : South Asia Virtual Hiring Tools Market Breakdown by Country, Type & Application
- 16.1 South Asia Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 16.2.1 Interview Platforms
- 16.2.2 Screening Tools
- 16.2.3 Video Interviewing
- 16.2.4 AI Assessments
- 16.2.5 Recruitment Analytics
-
16.3 South Asia Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 16.3.1 HR
- 16.3.2 Recruitment
- 16.3.3 E-commerce
- 16.3.4 Corporate Training
- 16.3.5 Startups
- 16.4 South Asia Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 16.5 South Asia Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 16.6 South Asia Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 17 : Central Asia Virtual Hiring Tools Market Breakdown by Country, Type & Application
- 17.1 Central Asia Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 17.2.1 Interview Platforms
- 17.2.2 Screening Tools
- 17.2.3 Video Interviewing
- 17.2.4 AI Assessments
- 17.2.5 Recruitment Analytics
-
17.3 Central Asia Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 17.3.1 HR
- 17.3.2 Recruitment
- 17.3.3 E-commerce
- 17.3.4 Corporate Training
- 17.3.5 Startups
- 17.4 Central Asia Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 17.5 Central Asia Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 17.6 Central Asia Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 18 : Oceania Virtual Hiring Tools Market Breakdown by Country, Type & Application
- 18.1 Oceania Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 18.2.1 Interview Platforms
- 18.2.2 Screening Tools
- 18.2.3 Video Interviewing
- 18.2.4 AI Assessments
- 18.2.5 Recruitment Analytics
-
18.3 Oceania Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 18.3.1 HR
- 18.3.2 Recruitment
- 18.3.3 E-commerce
- 18.3.4 Corporate Training
- 18.3.5 Startups
- 18.4 Oceania Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 18.5 Oceania Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 18.6 Oceania Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 19 : MEA Virtual Hiring Tools Market Breakdown by Country, Type & Application
- 19.1 MEA Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 19.2.1 Interview Platforms
- 19.2.2 Screening Tools
- 19.2.3 Video Interviewing
- 19.2.4 AI Assessments
- 19.2.5 Recruitment Analytics
-
19.3 MEA Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 19.3.1 HR
- 19.3.2 Recruitment
- 19.3.3 E-commerce
- 19.3.4 Corporate Training
- 19.3.5 Startups
- 19.4 MEA Virtual Hiring Tools Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 19.5 MEA Virtual Hiring Tools Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 19.6 MEA Virtual Hiring Tools Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
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21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Virtual Hiring Tools market is expected to see value worth 3Billion in 2023.
According to the report,the Virtual Hiring Tools Industry size is projected to reach 8Billion, exhibiting a CAGR of 30% by 2031.
Some of the prominent trends that are influencing and driving the growth of Global Virtual Hiring Tools Market are Remote Working Trend, AI-driven Solutions
- The Ongoing Digitalization Across The Developing Economies
- The Rise In Work-From-Home
- Social Distancing
- Lockdowns
- Major Restrictions On Gatherings
- And Other Respective Factors Evolved Due To The Covid-19 Pandemic
- The Growing Use Of Social Media And Access To Hassle-Free Job Information
Business transformation in Virtual Hiring Tools Market has taken hold due to the confluence of several important triggers, some of them are Data Privacy Concerns, Integration Complexity.
Some of the opportunities that Analyst at HTF MI have identified in Virtual Hiring Tools Market are:
- The Development Of Advance And Convenient Solutions That Can Ease The Hiring Process Along With The Effective Maintenance Of Data
- The Ongoing R&D Activities By The Major Industry Players
Virtual Hiring Tools Market identifies market share by players along with the concentration rate using CR4, CR8 Index to determine leading and emerging competitive players such as AllyO (United States), Harver B.V. (United States), Myinterview Solutions Pty Ltd., RecRight (Finland), Spark Hire (United States), VidCruiter (Canada), XOR (United States), TurboHire Technologies Pvt. Ltd. (India), Jobsoid Inc. (United States), Shine (United States), LinkedIn Corporation (United States), Monster Worldwide Inc. (United States), OPTnation (United States), Recruit Holdings Co. Ltd. (Japan).
Research paper of Global Virtual Hiring Tools Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as HR, Recruitment, E-commerce, Corporate Training, Startups.
The Global Virtual Hiring Tools Market Study is segmented by Interview Platforms, Screening Tools, Video Interviewing, AI Assessments, Recruitment Analytics.
The Global Virtual Hiring Tools Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2019 - Base year: 2023. Forecast period**: 2025 to 2031 [** unless otherwise stated]
Virtual hiring is a process that occurs remotely, with no personal interactions between recruiters and candidates. This is usually facilitated by technology solutions such as video conferencing software, virtual event software, and chat solutions. These enable recruiters to conduct interviews and evaluate candidates remotely. Virtual hiring encompasses almost every aspect of the digital recruiting ecosystem. In addition to video conferencing interviews, recruiters can virtually engage candidates through text recruitment, live chat, and automated chatbots. Virtual events such as career fairs, seminars, information sessions, webinars, and professional development sessions are also versions of virtual recruiting. In recent years, virtual hiring has grown from a novelty to a necessity for recruiters around the world. The recent disruptions to the global economy, as well as our ability to travel and gather together, have only made virtual recruiting even more important to any company's hiring strategy. Before COVID-19, some companies had already implemented some virtual recruiting strategies, but now more and more companies are actively recruiting, hiring, and engaging without ever meeting candidates in person. Virtual hiring strategies are important tools in the toolbox. You can help companies hire remote workers from around the world without worrying about flying people into meetings. And in the event of a national crisis or a company-specific problem, the recruiting process can continue without any problems.
