According to a recent market study published by Growth Market Reports, titled, "Global Job Description Management Software Market by deployment, by enterprise sizes, by applications, and by regions: Size, Share, Trends and Opportunity Analysis, 2017-2027", the market was valued at USD 536.0 Million in 2019 and is expected to grow at a rate of 8.1% by 2027. The global job description management software market is anticipated to grow significantly during the forecast period. Attractive features of the job description management software, growing use of cloud-based platforms, technological advancements which propel the demand for software, and rising integration of artificial intelligence (AI) technologies are some of the factors contributing to the market growth.

The global job description management software market has been segmented into deployment, enterprise sizes, applications, and regions. In terms of deployment, the global job description management software market is bifurcated into cloud-based and web-based. Based on enterprise size, the market has been segmented into large enterprises, and small & medium-size enterprises (SMEs). On the basis of applications, the job description management software market has been segmented into IT and telecom, BSFI, manufacturing, government offices, constructing and mining, and others. On the basis of regions, the job description management software market is segmented as North America, Europe, Latin America, Asia Pacific, and Middle East & Africa.

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Enterprises are increasingly adopting cloud-based deployment solutions, owing to technological developments. This is prompting vendors to develop job description management software solutions that are deployed through cloud platforms. Rising use of cloud-based platforms propelled the demand for job description management software solutions and services among small- and medium-sized enterprises, owing to advantages such as flexibility, cost-effectiveness, and mobility. Cloud-based services involve data backup, data security, and system upgrade, and others. For instance, BambooHR’s cloud-based system is an affordable way for growing companies to track and manage essential employee information in a personalized human resources information system (HRIS). Hence, increasing adoption of cloud-based solutions is anticipated to boost the market.

Lockdowns and restrictions on social gatherings across the globe increased customer focus on safe and hygienic cab rides after the third quadrant of 2020, which in turn, fueled the job description management software market. Closing of enterprises and industries decreased the need for job description management software, which reduced the consumption of the job description management software globally. Use of social networks for marketing job description management software provides significant potential for success. Key companies worldwide are significantly engaged in value chain improvements and fulfill the demand for job description management software.

Key Takeaways from the Study:

  • Brazil held a significant share of the market in Latin America in 2019 and this trend is anticipated to continue during the forecast period.
  • The cloud segment is anticipated to hold a significant share of the market during the forecast period, owing to low maintenance and updating cost, which are mainly preferred by small and medium-sized enterprises.
  • The large enterprise segment accounted for a significant share in the market during the forecast period.
  • Job description management software is required in Asia Pacific on a large scale to manage HR administration, talent management, labor budgeting, workforce tracking, and others.

Report Scope:

Report Metric

Details

Market Value in 2019

USD XX Million

Market Growth Rate (from 2020 to 2027)

XX%

Historical Data

2017 & 2018

Base Year

2019

Forecast Period

2020 – 2027

Market Segments

Deployment, Enterprise Sizes, Applications, and Regions.

Region Scope

North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Key Companies Profiled

Salary.com, Saba Software, Hireology, Insperity, Hrizons LLC, Textio Hire, Human Resource Systems Group, and JDXpert

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience:

  • Demand Side: Software industries, HR technology, Online Recruitment Software, and others.
  • Regulatory Side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies. Associations and Industry Bodies: The Department of Telecommunications (DoT) and others.