The global demand for re-employment testing software was approximately USD 1,319.2 million in 2019 and is expected to reach approximately USD 2,275.2 million by 2026. From 2020 to 2026, the pre-employment testing software market is expected to grow at an 8.1% CAGR.
Overview of the Global Pre-employment Testing Software Market
The report includes a forecast as well as an analysis of the global and regional pre-employment testing software markets. The report includes revenue projections from 2020 to 2026 as well as historical data from 2016 to 2019. (Millions of dollars in US currency). The pre-employment testing software market research report also includes market growth drivers, opportunities, constraints, and trends.
We used industry analysis models in our research to show the key business strategies and competitive landscape of the pre-employment testing software market.
By segmenting the pre-employment testing software market by product, deployment, end-user, and region, the study provides a decisive view of the market. The market has been estimated from 2020 to 2026 based on an analysis of all segments based on current and future trends. North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa are the regional segments.
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We also looked at Porter’s Five Forces framework to better understand market competitors’ competitive strategies. It also includes PESTLE and SWOT analyses for each player.
In addition, the report includes a detailed analysis of each industry player’s market share, as well as an outline of key players in the pre-employment testing software market. Furthermore, the study examines key market strategic developments such as acquisitions and mergers, new product launches, agreements, partnerships, collaborations & joint ventures, R&D activities, and geographic expansion of key players in the pre-employment testing software market.
The global market for pre-employment testing software is highly fragmented, with numerous players providing pre-hire assessment solutions. The market is expanding at a healthy rate as a result of several factors, including widespread R&D activities, increased interest in industry developments by large technology companies, and an optimistic investment landscape. The interview is conducted via video call from a convenient location chosen by the recruiter, and VR technology is used to assess a candidate’s cognitive abilities.
The pre-employment testing software market is divided into three segments: product, deployment, and end-user. The market is divided into PC terminals and mobile terminals based on the product. Furthermore, cloud-based and on-premise deployment modes are used for pre-employment testing software. The cloud-based segment currently dominates the deployment mode segment and is expected to continue to do so in the future.
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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