The Video Interview Software Market size is projected to reach US$ 536. 85 Million by 2030 from US$ 246. 34 Million in 2022; the video interviewing software market share is expected to grow at a CAGR of 13% during the forecast period.
The Global Video Interview Software Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030. The market growth is supported by various growth factors and major market determinants. The market research report includes the analysis of the market based on geographical segmentation and market segmentation. The Global Video Interview Software Market report is a valuable source of insightful statistics for business strategists. This Report offers an industry overview with historic and future cost and growth analysis, revenue, demand, and supply data. Our analyst offers a comprehensive overview of the value chain and analysis of your distributor. This market study provides comprehensive data that enhances the understanding, scope, and application of this report.
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The market for live interview software is expanding globally. Additionally, during the COVID-19 pandemic, video interview software was crucial in conducting telecommute interviews with applicants, and this kind of software has assisted people in connecting for various job interviews as well as meetings related to their jobs. Software for video interviews has many advantages. There is no need to restrict local prospects because it connects applicants from around the globe.
The price and time needed for on-site questions are also reduced with the aid of video interview software. Instead of depending solely on the resume, interviewers can evaluate a candidate’s language and fluency by listening to them speak. Software for video interviews differs from conventional contact methods like phone calls or messaging apps.
Top Leading Companies of Global Video Interview Software Market are Spark Hire (U.S.), HireVue (U.S.), Shine (U.S.), Yello (U.S.), Skeeled (Luxembourg), RecRight (Finland), Montage (U.S.), VidCruiter (New Brunswick), RIVS (Sri Lanka), ClearCompany (U.S.), and others., and others.
Report Segments are:
By Component
- Software
o Cloud
o On-premise
- Services
o Professional
o Managed
By Enterprise Size
- Small Business
- Midsize Enterprise
- Large Enterprise
On the Basis of Application:
- IT & Telecom
- BFSI
- Logistics & Transportation
- Hospitality
- Healthcare
- Others
Industry Development:
- In March 2022, Modern Hire launched its latest interview technology, “Automated Interview Creator.” It is a science-based interview technology that guides and recommends the best interview questions to meet the job requirements.
- In February 2022, Jobvite and ChartHop, two leading people analytics innovators, entered into a partnership to improve the overall HR lifecycle by enhancing communication across team members, visibility, better utilization of data, and much more for both HR and finance leaders.
- In July 2020, Skeeled launched its talent acquisition software driven by AI across the UK market, facilitating faster and improved hiring across industries.
Global Video Interview Software Market: Regional Analysis
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The region that uses video interview tools the most is North America. This expansion is primarily attributed to escalating urbanisation and modernization, rising disposable personal income, and rising demand from various industries, including the IT industry. The region has a wide range of businesses using the video interview software market, including those in IT, manufacturing, and consulting, which are the main factors fueling the market’s expansion. The market for video discussion software in the area will be primarily driven by the United States. Due to the region’s robust technology industry, the market for video interview software is predicted to grow quickly.
In terms of geography, the market for video interviews software has been examined in a number of areas, including North America, Europe, Asia-Pacific, South America, the Middle East, and India. This industry will soon be dominated by the global region.
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Years considered for this report:
Historical Years: 2017-2021
Base Year: 2022
Estimated Year: 2022
Forecast Period: 2023-2030
Important Sections from the Table of Contents:
- Global Video Interview Software Market Overview
- Economic Impact on Industry
- Market Competition by Manufacturers
- Production, Revenue (Value) by Region
- Supply (Production), Consumption, Export, Import by Regions
- Production, Revenue (Value), Price Trend by Type
- Market Analysis by Application
- Manufacturing Cost Analysis
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Market Effect Factors Analysis
- Global Video Interview Software Market Forecast
Related Sources:
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