Interview Scheduling Software Market is Expected to Reach a Valuation of US$ 8 Bn by 2032 | FMI
The global interview scheduling software market was valued at US$ 345 Mn in 2021 and is expected to reach US$ 8 Bn by 2032 finds Future Market Insights (FMI) in a recent market survey. As per the findings, revenue through the on-premise deployment of interview scheduling software is expected to grow at a CAGR of 30.8% during 2022 – 2032.
In a traditional method of interview scheduling, a meeting is fixed when the interviewer is free, the applicant returns that day whenever they are available, and this continues until you reach a mutual arrangement after days of rescheduling. The key reason why interview scheduling software has been gaining traction is due to traveling back and forth and investing hours on end to meet a prospect who may or may not qualify for the next stage is inefficient and a pain for recruiters.
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Because of the time taken to screen and pick the best applications, contact the applicant, schedule an interviewing time that is convenient for both sides, and organise for somebody to conduct the interview, the see-saw between candidates and employers slows down and confuses recruiters’ daily work. Organizations utilize scheduling software to automate time-consuming and inefficient scheduling processes.
“The market for Interview Scheduling Software is increasing as the desire for real-time employee involvement is growing backed up by the increasing usage by talent acquisition businesses is in demand. ” comments a Future Market Insights analyst.
The market for interview scheduling software market is significantly fragmented. To ensure long-term viability in the market, leading vendors use tactics such as joint ventures, collaboration agreements, innovative products, research and development, and mergers and acquisitions. The key players in the global market includes Calendly, Paycor, Yello.co, Astarel, HigherMe, ZenHR, Monjin, Rakuna and TimeTap.
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Some of recent developments for Interview Scheduling Software Market are:
- In March 2022, Calendly, modern scheduling software for high-performing groups and individuals launched a LinkedIn extension. Calendly for Chrome and Calendly for Firefox are browser extensions that allow users to schedule meetings with applicants, prospects, and their larger groups via LinkedIn chat. Calendly is enhancing the scheduling experience and minimizing the barrier of switching between various apps by merging the capabilities of Calendly and LinkedIn targeted at improving office efficiency and speedier connection. Calendly users can schedule a one-to-one meeting, access previously developed meeting event types with predefined availability, or send a Calendly Meeting Poll to find a time that works for a group sync by clicking the LinkedIn text compose toolbar within LinkedIn Messaging, Sales Navigator, and LinkedIn Recruiter.
- In February 2022, Paycor HCM, Inc. added a developer portal to its software suite, allowing for seamless data transfer between a user’s third-party systems and its HR and payroll applications. Paycor’s developer portal offers developers access to the programming interface (API) and resources they need to create apps that sync data with their systems, removing security problems, time-consuming management, and compliance issues. Paycor’s continuous endeavours around seamless customer products that may be adapted across industries are reflected in this new offering. Leaders can use the Developer Portal to get real-time data and resources to help them run their businesses.
- In August 2020, Yello announced that it will collaborate with HackerRank, a developer skills company, to hold a Virtual Career Fair that will link developers with the world’s top technology firms. Twilio, Moody’s Analytics, Riot Games, Duolingo, Fortinet, and BNY Mellon are among the prominent IT brands that have already signed on to participate in the career fair as a result of the relationship.
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Future Market Insights, in its new offering, presents an unbiased analysis of the Global Interview Scheduling Software Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals extensive growth in Global Interview Scheduling Software Market across five regions (North America, Asia Pacific, Europe, Middle East & Africa and Latin America).
Market Segments Covered in Interview Scheduling Software Market Analysis
- On Premises
- Large Companies
- Small and Medium Sized Companies
- North America
- Asia Pacific
- Middle East and Africa
- Latin America