According to an analysis report by Future Market Insights, global sales of job description management software in 2023 were held at US$ 709.9 million. With 7.4% projected growth from 2023 to 2033, the market is expected to reach a valuation of US$ 1454.1 million by 2033. Large Enterprises are expected to be the highest revenue-generating segment in enterprise size, expected to account for a CAGR of 7.4% from 2023 to 2033.
The rise of the IT and telecommunications industries has prompted organizations to adopt cloud computing, resulting in the use of cloud-based job description software platforms. The International Trade Administration claims that 50% of enterprises with more than 1,000 users use Cloud Access Security Broker (CASB) products to monitor and manage their use of software as a service and other forms of public cloud.
Cloud computing has grown in popularity globally in recent years, owing to its increased flexibility and scalability, which has provided businesses with a well-organized CMS platform. With access control and notable security features, the software allows for better tracking of employees' progress and skills throughout their time in the company.
Some of the features of the job description management software platform chosen as a better way of convenience by organizations for their growth and development include improved plans, better employee details, and user-friendliness.
Artificial intelligence (AI) integration into job description management software is growing in popularity among businesses and recruitment agencies. Organizations can use AI-enabled job description management solutions to automate the recruitment process, increase the rate of quality hiring, and reduce the time spent on repetitive tasks.
AI technologies are responsible for reducing the overall cost of recruitment. As a result, rising AI adoption is expected to drive the job description management software market.
American Bar Association President Charlotte Burrows expressed hope that advances in technology may help reduce the social exclusion of individuals with disabilities at an American Bar Association event. Burrows pointed out that the disability scale used by some employers is virtually calculated to discriminate concerning access to jobs and education.
Attributes | Details |
---|---|
Job Description Management Software Market Size (2023) | US$ 709.9 million |
Global Job Description Management Software Market Size (2033) | US$ 1454.1 million |
Global Job Description Management Software Market CAGR (2023 to 2033) | 7.4% |
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As per the job description management software market research by Future Market Insights, from 2018 to 2022, the market value of the job description management software market increased by around 7.8 % CAGR. With an absolute dollar opportunity of US$ 234 million, the market is projected to reach a valuation of US$ 1.3 billion expanding at a CAGR of 7.2% from 2023 to 2033.
Businesses are increasingly adopting cloud-based deployment solutions due to technological advancements. As a result, vendors are developing job description management software that can be deployed via cloud platforms.
The demand for job description management software solutions and services has increased among small and medium-sized businesses due to the benefits such as flexibility, cost-effectiveness, and mobility.
North America’s job description management software market is anticipated to experience significant growth during forecast periods. This market is typically explaining candidate and client activity with a web-based recruitment system, making it a handy choice for significantly and efficiently recruiting top-caliber talents.
As a result of introducing the software, job description management has been integrated with recruitment management, core HR, and talent management. On top of that, the software is used to manage personnel management, HRIS management, budgeting planning, labor tracking, and other tasks.
The United States dominated the job description management software Market in 2021, with a market size of US$ 234 million. During the forecasted period, the job description management software industry's market in the country is expected to thrive at a 7% CAGR.
According to the United Nations Industrial Development Organization, new industrial economies grew by 3% in 2019 compared to 2018. As a result, job description management software applications are becoming popular in the growing end-user industries.
After China, the United States witnessed a 16.6% increase in global manufacturing output in 2018, according to the World Economic Forum. As the manufacturing sector expands, there is a demand for a CMS platform to manage and track the records of workers in these industries. This software application is in high demand in the Human Resource Department of a company to ensure an unaltered recruitment process.
Job description software ensures employee tracking related to their work and performance, which is why end users in the United States are adopting this software tool. These factors have fueled the CMS market's expansion in the country.
The IT & Telecom segment is likely to account for a significant share of the market during the forecast period due to the increased deployment of job description management software to enable enhanced client experience and benefits such as secure transactions and constant access to client databases. Further, because of the increasing importance of re-evaluating strategies and deploying advanced technologies in management processes, revenue through segment is expected to grow during the forecast period.
Based on deployment mode, in 2021, the Cloud-based deployment held the highest revenue share. Cloud based computing has become an important tool for businesses of all sizes in recent years. The cloud-based job description management software platform enables businesses to manage and track their recruitment, development, and retention processes.
Cloud-based job description software is widely used because of the increased demand for jobs around the world. This application allows HR personnel to track all resumes and candidates.
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Salary.com, Saba Software, Hierology, Insperity, Textio Hire, Human Resource Systems Group, JDXpert, and Hrizons LLC are among the leading providers of job description management software.
Recent Developments of Key Job Description Management Software Providers
Similarly, recent developments related to companies offering Job Description Management Software have been tracked by the team at Future Market Insights, which are available in the full report.
The projected CAGR of the Job Description Management Software Market by 2033 is 7.4%.
The projected market value by 2033 is US$ 1454.1 million.
The market is estimated to secure a valuation of US$ 709.9 million in 2023.
The Human Resource(HR) industry is the key consumer of the Job Description Management Software Market.
The opportunities in the Job Description Management Software Market are increased Cloud-based, compliant, data-driven, AI- integrated solutions cater to gig economy.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. PESTLE and Porter’s Analysis 3.6. Regulatory Landscape 3.6.1. By Key Regions 3.6.2. By Key Countries 3.7. Regional Parent Market Outlook 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Deployment Mode 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) Analysis By Deployment Mode, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Deployment Mode, 2023 to 2033 5.3.1. Cloud-based 5.3.2. Web-based 5.4. Y-o-Y Growth Trend Analysis By Deployment Mode, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Deployment Mode, 2023 to 2033 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Enterprise Sizes 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) Analysis By Enterprise Sizes, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Enterprise Sizes, 2023 to 2033 6.3.1. Large Enterprises 6.3.2. SMEs 6.4. Y-o-Y Growth Trend Analysis By Enterprise Sizes, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Enterprise Sizes, 2023 to 2033 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) Analysis By Application, 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2023 to 2033 7.3.1. IT and Telecom 7.3.2. BFSI 7.3.3. Government Offices 7.3.4. Manufacturing 7.3.5. Construction and Mining 7.3.6. Others 7.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022 7.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022 8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033 8.3.1. North America 8.3.2. Latin America 8.3.3. Western Europe 8.3.4. Eastern Europe 8.3.5. South Asia and Pacific 8.3.6. East Asia 8.3.7. Middle East and Africa 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 9.2.1. By Country 9.2.1.1. U.S. 9.2.1.2. Canada 9.2.2. By Deployment Mode 9.2.3. By Enterprise Sizes 9.2.4. By Application 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Deployment Mode 9.3.3. By Enterprise Sizes 9.3.4. By Application 9.4. Key Takeaways 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Deployment Mode 10.2.3. By Enterprise Sizes 10.2.4. By Application 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Deployment Mode 10.3.3. By Enterprise Sizes 10.3.4. By Application 10.4. Key Takeaways 11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. U.K. 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Western Europe 11.2.2. By Deployment Mode 11.2.3. By Enterprise Sizes 11.2.4. By Application 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Deployment Mode 11.3.3. By Enterprise Sizes 11.3.4. By Application 11.4. Key Takeaways 12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Country 12.2.1.1. Poland 12.2.1.2. Russia 12.2.1.3. Czech Republic 12.2.1.4. Romania 12.2.1.5. Rest of Eastern Europe 12.2.2. By Deployment Mode 12.2.3. By Enterprise Sizes 12.2.4. By Application 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Deployment Mode 12.3.3. By Enterprise Sizes 12.3.4. By Application 12.4. Key Takeaways 13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Country 13.2.1.1. India 13.2.1.2. Bangladesh 13.2.1.3. Australia 13.2.1.4. New Zealand 13.2.1.5. Rest of South Asia and Pacific 13.2.2. By Deployment Mode 13.2.3. By Enterprise Sizes 13.2.4. By Application 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Deployment Mode 13.3.3. By Enterprise Sizes 13.3.4. By Application 13.4. Key Takeaways 14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 14.2.1. By Country 14.2.1.1. China 14.2.1.2. Japan 14.2.1.3. South Korea 14.2.2. By Deployment Mode 14.2.3. By Enterprise Sizes 14.2.4. By Application 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Deployment Mode 14.3.3. By Enterprise Sizes 14.3.4. By Application 14.4. Key Takeaways 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 15.2.1. By Country 15.2.1.1. GCC Countries 15.2.1.2. South Africa 15.2.1.3. Israel 15.2.1.4. Rest of MEA 15.2.2. By Deployment Mode 15.2.3. By Enterprise Sizes 15.2.4. By Application 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Deployment Mode 15.3.3. By Enterprise Sizes 15.3.4. By Application 15.4. Key Takeaways 16. Key Countries Market Analysis 16.1. U.S. 16.1.1. Pricing Analysis 16.1.2. Market Share Analysis, 2022 16.1.2.1. By Deployment Mode 16.1.2.2. By Enterprise Sizes 16.1.2.3. By Application 16.2. Canada 16.2.1. Pricing Analysis 16.2.2. Market Share Analysis, 2022 16.2.2.1. By Deployment Mode 16.2.2.2. By Enterprise Sizes 16.2.2.3. By Application 16.3. Brazil 16.3.1. Pricing Analysis 16.3.2. Market Share Analysis, 2022 16.3.2.1. By Deployment Mode 16.3.2.2. By Enterprise Sizes 16.3.2.3. By Application 16.4. Mexico 16.4.1. Pricing Analysis 16.4.2. Market Share Analysis, 2022 16.4.2.1. By Deployment Mode 16.4.2.2. By Enterprise Sizes 16.4.2.3. By Application 16.5. Germany 16.5.1. Pricing Analysis 16.5.2. Market Share Analysis, 2022 16.5.2.1. By Deployment Mode 16.5.2.2. By Enterprise Sizes 16.5.2.3. By Application 16.6. U.K. 16.6.1. Pricing Analysis 16.6.2. Market Share Analysis, 2022 16.6.2.1. By Deployment Mode 16.6.2.2. By Enterprise Sizes 16.6.2.3. By Application 16.7. France 16.7.1. Pricing Analysis 16.7.2. Market Share Analysis, 2022 16.7.2.1. By Deployment Mode 16.7.2.2. By Enterprise Sizes 16.7.2.3. By Application 16.8. Spain 16.8.1. Pricing Analysis 16.8.2. Market Share Analysis, 2022 16.8.2.1. By Deployment Mode 16.8.2.2. By Enterprise Sizes 16.8.2.3. By Application 16.9. Italy 16.9.1. Pricing Analysis 16.9.2. Market Share Analysis, 2022 16.9.2.1. By Deployment Mode 16.9.2.2. By Enterprise Sizes 16.9.2.3. By Application 16.10. Poland 16.10.1. Pricing Analysis 16.10.2. Market Share Analysis, 2022 16.10.2.1. By Deployment Mode 16.10.2.2. By Enterprise Sizes 16.10.2.3. By Application 16.11. Russia 16.11.1. Pricing Analysis 16.11.2. Market Share Analysis, 2022 16.11.2.1. By Deployment Mode 16.11.2.2. By Enterprise Sizes 16.11.2.3. By Application 16.12. Czech Republic 16.12.1. Pricing Analysis 16.12.2. Market Share Analysis, 2022 16.12.2.1. By Deployment Mode 16.12.2.2. By Enterprise Sizes 16.12.2.3. By Application 16.13. Romania 16.13.1. Pricing Analysis 16.13.2. Market Share Analysis, 2022 16.13.2.1. By Deployment Mode 16.13.2.2. By Enterprise Sizes 16.13.2.3. By Application 16.14. India 16.14.1. Pricing Analysis 16.14.2. Market Share Analysis, 2022 16.14.2.1. By Deployment Mode 16.14.2.2. By Enterprise Sizes 16.14.2.3. By Application 16.15. Bangladesh 16.15.1. Pricing Analysis 16.15.2. Market Share Analysis, 2022 16.15.2.1. By Deployment Mode 16.15.2.2. By Enterprise Sizes 16.15.2.3. By Application 16.16. Australia 16.16.1. Pricing Analysis 16.16.2. Market Share Analysis, 2022 16.16.2.1. By Deployment Mode 16.16.2.2. By Enterprise Sizes 16.16.2.3. By Application 16.17. New Zealand 16.17.1. Pricing Analysis 16.17.2. Market Share Analysis, 2022 16.17.2.1. By Deployment Mode 16.17.2.2. By Enterprise Sizes 16.17.2.3. By Application 16.18. China 16.18.1. Pricing Analysis 16.18.2. Market Share Analysis, 2022 16.18.2.1. By Deployment Mode 16.18.2.2. By Enterprise Sizes 16.18.2.3. By Application 16.19. Japan 16.19.1. Pricing Analysis 16.19.2. Market Share Analysis, 2022 16.19.2.1. By Deployment Mode 16.19.2.2. By Enterprise Sizes 16.19.2.3. By Application 16.20. South Korea 16.20.1. Pricing Analysis 16.20.2. Market Share Analysis, 2022 16.20.2.1. By Deployment Mode 16.20.2.2. By Enterprise Sizes 16.20.2.3. By Application 16.21. GCC Countries 16.21.1. Pricing Analysis 16.21.2. Market Share Analysis, 2022 16.21.2.1. By Deployment Mode 16.21.2.2. By Enterprise Sizes 16.21.2.3. By Application 16.22. South Africa 16.22.1. Pricing Analysis 16.22.2. Market Share Analysis, 2022 16.22.2.1. By Deployment Mode 16.22.2.2. By Enterprise Sizes 16.22.2.3. By Application 16.23. Israel 16.23.1. Pricing Analysis 16.23.2. Market Share Analysis, 2022 16.23.2.1. By Deployment Mode 16.23.2.2. By Enterprise Sizes 16.23.2.3. By Application 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Regional 17.3.2. By Deployment Mode 17.3.3. By Enterprise Sizes 17.3.4. By Application 18. Competition Analysis 18.1. Competition Deep Dive 18.1.1. Salary.com 18.1.1.1. Overview 18.1.1.2. Product Portfolio 18.1.1.3. Profitability by Market Segments 18.1.1.4. Sales Footprint 18.1.1.5. Strategy Overview 18.1.1.5.1. Marketing Strategy 18.1.2. Saba Software 18.1.2.1. Overview 18.1.2.2. Product Portfolio 18.1.2.3. Profitability by Market Segments 18.1.2.4. Sales Footprint 18.1.2.5. Strategy Overview 18.1.2.5.1. Marketing Strategy 18.1.3. Hierology 18.1.3.1. Overview 18.1.3.2. Product Portfolio 18.1.3.3. Profitability by Market Segments 18.1.3.4. Sales Footprint 18.1.3.5. Strategy Overview 18.1.3.5.1. Marketing Strategy 18.1.4. Insperity 18.1.4.1. Overview 18.1.4.2. Product Portfolio 18.1.4.3. Profitability by Market Segments 18.1.4.4. Sales Footprint 18.1.4.5. Strategy Overview 18.1.4.5.1. Marketing Strategy 18.1.5. Hrizons LLC 18.1.5.1. Overview 18.1.5.2. Product Portfolio 18.1.5.3. Profitability by Market Segments 18.1.5.4. Sales Footprint 18.1.5.5. Strategy Overview 18.1.5.5.1. Marketing Strategy 18.1.6. Textio Hire 18.1.6.1. Overview 18.1.6.2. Product Portfolio 18.1.6.3. Profitability by Market Segments 18.1.6.4. Sales Footprint 18.1.6.5. Strategy Overview 18.1.6.5.1. Marketing Strategy 18.1.7. Human Resource Systems Group 18.1.7.1. Overview 18.1.7.2. Product Portfolio 18.1.7.3. Profitability by Market Segments 18.1.7.4. Sales Footprint 18.1.7.5. Strategy Overview 18.1.7.5.1. Marketing Strategy 18.1.8. JDXpert 18.1.8.1. Overview 18.1.8.2. Product Portfolio 18.1.8.3. Profitability by Market Segments 18.1.8.4. Sales Footprint 18.1.8.5. Strategy Overview 18.1.8.5.1. Marketing Strategy 18.1.9. Ongig 18.1.9.1. Overview 18.1.9.2. Product Portfolio 18.1.9.3. Profitability by Market Segments 18.1.9.4. Sales Footprint 18.1.9.5. Strategy Overview 18.1.9.5.1. Marketing Strategy 18.1.10. TalVista 18.1.10.1. Overview 18.1.10.2. Product Portfolio 18.1.10.3. Profitability by Market Segments 18.1.10.4. Sales Footprint 18.1.10.5. Strategy Overview 18.1.10.5.1. Marketing Strategy 19. Assumptions & Acronyms Used 20. Research Methodology
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