Pre-employment testing software was in great demand globally in 2019, with sales expected to total USD 1,319.2 million this year and USD 2,275.2 million in 2026. The pre-employment testing software market is expected to develop at an 8.1% CAGR between 2020 and 2026.
An overview of the global market for pre-employment testing software
The study forecasts and analyses the global and regional pre-employment software markets. Revenue projections from 2020 to 2026 are included in the report, as well as historical data from 2016 to 2019. This sum is expressed in US dollars. The pre-employment testing software market study takes into account opportunities, challenges, and trends in addition to these characteristics.
We employed industry analysis models in this study to illustrate significant corporate strategies as well as the competitive climate of the pre-employment testing market.
The analysis provides a thorough picture of the pre-employment testing software business by segmenting the market by product, deployment, end-user, and geography. The market has been estimated from 2020 to 2026 based on present and projected trends in all segments. The regional division includes North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
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Our analysis also includes Porter’s Five Forces framework to better understand market competitors’ competitive strategies. PESTLE and SWOT analysis for the participants are also presented.
A full study of each market participant’s portion of the industry is also provided, along with a list of key businesses in the pre-employment testing software market. The report also looks at major industry developments such as mergers and acquisitions, the launch of new products, contracts, joint ventures, partnerships, and RD initiatives among top pre-employment testing software companies.
Several organizations offer pre-hire evaluation services in a highly fragmented market for pre-hire evaluation software. Substantial RD operations, increased interest in industry breakthroughs by large technology companies, and a favorable investment climate are just a few of the many factors driving the market’s rapid expansion. Video interviews are conducted by the recruiter.
The pre-employment testing software industry is divided into three segments: product, deployment, and end-user. The market is divided into PC terminals and mobile terminals based on the product. On-premises and cloud-based pre-employment testing software is also available. Currently, the cloud-based sector dominates the deployment mode segment, and this trend is likely to continue during the forecast period.
Key players operating in the pre-employment testing software industry 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.
This report segments the pre-employment testing software market as follows:
Global Pre-employment Testing Software Market:
By Product Segment Analysis
PC Terminal
Mobile Terminal
Global Pre-employment Testing Software Market: By Deployment Segment Analysis
Cloud-Based
On-Premise
Global Pre-employment Testing Software Market: By End User Segment Analysis
Financial
Information Technology
Education
Others
Global Pre-employment Testing Software Market: Regional Segment Analysis
North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-East Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
The Middle East and Africa
GCC Countries
South Africa
Rest of Middle-East Africa
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