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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