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