The video interview software market share will reach $536.85 million,

New York, Aug. 03, 2022 (GLOBE NEWSWIRE) — The Insight Partners has released the latest research study on “video interview software market Forecast to 2027 – Impact of COVID-19 and Global Analysis by Type (Web and Mobile Apps) and Business Size (SMEs and Large Enterprises) The growth of the global video interview software market is driven by the growing preference for video interviewing in the recruitment process, mainly attributed to the rising investment.

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Market size Value in US$246.34 million in 2022
Market Size Value by US$536.85 million by 2028
Rate of growth CAGR of 13.9% from 2022 to 2028
Forecast period 2022-2028
base year 2022
Number of pages 170
Number of tables 88
Number of graphs and figures 80
Historical data available Yes
Segments Covered Type, company size and industry
Regional scope North America; Europe; Asia Pacific; Latin America; AEM
Country scope United States, United Kingdom, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report cover Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends

Many global giants, such as Google, LinkedIn, and Amazon, canceled onsite job interviews in 2020 and 2021 and interviewed nearly all applicants using interview software solutions. Amazon’s talent acquisition teams completed the necessary paperwork related to recruiting, as well as conducting interviews and assessments, using Amazon Chime, its meeting software. Google has informed candidates that interviews will take place in Google Hangouts or via the BlueJeans video conferencing platform. LinkedIn has told interested job seekers they have the option of conducting their interviews virtually through BlueJeans or postponing them until conditions allow teams to meet in person. So, during the COVID-19 pandemic, companies around the world adopted video interviewing software for recruitment, resulting in high demand for the solution in 2020.

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Video Interviewing Software Market: Competitive Landscape and Key Developments

Jobvite, Inc.; Modern bicycle; Shine; skeleton ; Spark Rental; VidCruiter Inc.; INTERVIEWME (PTY) LTD; ClearCompany; HireVue, Inc.; flow of interviews; yellow ; Breezy HR, Inc.; Wamly is among the key players profiled in the Video Interviewing Software Market report. Additionally, several other vital Video Interviewing Software market players have been researched and analyzed to get a holistic view of the Video Interviewing Software market and its ecosystem. The report provides in-depth insights of the Video Interviewing Software market which helps key players to build growth strategy.

  • In March 2022, Modern Hire launched its latest interview technology, “Automated Interview Creator”. It is a scientific interview technology that guides and recommends the best interview questions to meet job requirements.
  • In February 2022, Jobvite and ChartHop, two leading innovators in human resources analytics, entered into a partnership to improve the overall HR lifecycle by improving communication between team members, visibility, better use of data and much more for HR and finance managers.
  • In July 2020, Skeeled launched its AI-driven talent acquisition software in the UK market, facilitating faster and better recruitment across all sectors.
  • In January 2019, Shine announced that it would be exhibiting at the Internal Recruitment Show on February 26-27, 2019. This event was the largest for internal recruiters, covering the full gamut of hiring, retention and employee development. talents.

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Moreover, being technologically advanced, it attracts a large number of companies from different sectors to set up their regional headquarters or manufacturing facilities. With ever-increasing digitalization, the industrial implementation of video interview software is comparatively higher than in most other countries in the world. Additionally, the country has a strong networking infrastructure that is supporting the growth of the video interviewing software market in the country. With the development of 5G underway, several companies are struggling to bring the technology to market as quickly as possible. The commercialization of 5G would generate increased demand for video interview software across a wide range of industries. The adoption of video interviewing software platforms in US companies is primarily attributed to the availability of support for the adoption of digital technologies in companies for the hiring process, which has prompted software developers to video interview and service providers to invest and partner with leading institutes. and businesses in the country.

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