13-Feb-2020 | Zion Market Research
Zion Market Research has authored “Pre-employment Testing Software Market – By Product (PC Terminal and Mobile Terminal), By Deployment (Cloud and On-premise), and By End Users (Financial, Information Technology, Education, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026”. Based on our analysis, the global demand for the pre-employment testing software market in 2019 was approximately USD 1,319.2 Million and is anticipated to reach around USD 2,275.2 Million by 2026. The anticipated CAGR for the pre-employment testing software market is around 8.1% from 2020 to 2026.
Pre-employment testing software helps the HR departments and companies to evaluate candidates for companies and make well-versed hiring decisions. This solution provides organizations with different tests that monitor candidates for certain factors such as aptitude, personality, and skills. This solution also offers soft skills assessments for skills like communication, organization problem-solving, and motivation. Pre-employment assessments can provide relevant information on the candidate’s ability to perform in the office.
Browse the full “Pre-employment Testing Software Market – By Product (PC Terminal and Mobile Terminal), By Deployment (Cloud and On-premise), and By End Users (Financial, Information Technology, Education, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026” Report at https://www.zionmarketresearch.com/report/pre-employment-testing-software-market
The growing demand for integrated pre-employment testing software, increasing trend of mobile workforce, coupled with higher adoption of pre-employment testing software owing to its numerous benefits are fueling the demand for this software across small and medium scale enterprises and large enterprises. In addition, the surging penetration of mobile devices is boosting the global demand for mobile based assessment software. Further, an increase in the implementation of artificial intelligence and big data analytics offered by vendors is also contributing to the growth of the pre-employment testing software market. The recruiters use AI-driven tool to shortlist candidates based on their technical knowledge, attitude, aptitude, skill set, and many other factors. The software also helps to automate the process so that the human resources team can focus on more pressing issues and meet the candidates only when they have to at the final level.
The global pre-employment testing software market is segmented on the basis of product category, deployment, and end-user. On the basis of the product, the market is divided into two major products as PC terminal and mobile terminal. The PC terminal segment of the global pre-employment testing software held the largest market share in terms of revenue in 2019. Further, cloud-based deployment and on-premise deployment are the two types of deployment modes used for the deployment of pre-employment testing software. Cloud-based deployments adoption has been triggering for the last couple of years. The end-user segment is bifurcated into financial, information technology, education, and others. IT industry segment accounted for a major share of the market i.e. more than 60% of the total pie. The financial industry is anticipated to witness the highest growth rate during the forecast period at a CAGR of more than 10%.
The global pre-employment testing software market is segmented by regions into Asia Pacific, Latin America, North America, Europe, and the Middle East and Africa. North America held the leading share for generating the major chunk of the market revenue in the global scenario. Major countries included in the scope of the research report are the UK, Germany, France, U.S., Canada, Mexico, China, Japan, India, South Korea, Brazil, GCC Countries, South Africa, and Argentina among others.
Some of the major players analyzed and profiled in the market study are Berke, Wonderlic, Inc., GoodHire, Criteria Corp, PAIRIN, eSkill Corporation, The Hire Talent, HR Avatar, Stang Decision Systems, Jobmatch, RIVS, Prevue HR, The Assessment Company, Frontline Education, Symphony Talent LLC, and IBM among others.
This report segments the pre-employment testing software as follows:
Global Pre-employment Testing Software Market: By Product Segment Analysis
Global Pre-employment Testing Software Market: By Deployment Segment Analysis
Global Pre-employment Testing Software Market: By End Users Segment Analysis
Global Pre-employment Testing Software Market: Regional Segment Analysis
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