The global digital talent acquisition market is positioned for significant revenue growth in the forecast period. This trajectory is propelled by worldwide technological breakthroughs and innovations. Technologies such as Hadoop and cloud solutions, experiencing high demand, are poised for expansion as big data analytics becomes a staple for mainstream consumers. The persistent need for digital talent and services stems from the widespread adoption of advanced technology and the copious availability of data. These factors underscore the market's crucial role in shaping contemporary workforce strategies, establishing it as a key driver of modern recruitment and talent management practices.
According to Data Bridge Market Research, the Global Digital Talent Acquisition Market was valued at USD 48.95 billion in 2021 and is expected to reach USD 97.54 billion by 2029, registering a CAGR of 9.00% during the forecast period of 2022-2029.
“Burgeoning applications across various end-use industries upsurge the market growth”
The global digital talent acquisition market is propelled by burgeoning applications across various end-use industries. As organizations across sectors recognize the significance of skilled and specialized talent, the demand for efficient recruitment solutions escalates. Digital talent acquisition platforms offer streamlined processes, advanced analytics, and enhanced candidate experiences, aligning with the evolving needs of industries. From healthcare to technology and finance to manufacturing, the adaptable nature of digital solutions caters to diverse sectors, driving market growth. The ability to tailor solutions to industry-specific requirements positions digital talent acquisition as a pivotal driver in meeting modern workforce demands.
What restraints the growth of the global digital talent acquisition market?
“Lack of awareness”
The global digital talent acquisition market faces a constraint in the form of a lack of awareness. Many organizations, especially in emerging economies, are unaware of the potential benefits and efficiency gains offered by digital talent acquisition solutions. This lack of awareness can hinder the adoption of these technologies, limiting market growth. Addressing this challenge requires education and outreach efforts to highlight the advantages of digital solutions in streamlining recruitment processes, optimizing candidate selection, and enhancing overall workforce management, thereby expanding the market's reach and impact.
Segmentation: Global Digital Talent Acquisition Market
The digital talent acquisition market is segmented on the basis of skill, training type, enterprise size, and end user.
- On the basis of skill, the digital talent acquisition market is segmented into data management, web presentation, AI developers, cloud computing, and security.
- On the basis of training type, the digital talent acquisition market is segmented into internal, external.
- On the basis of enterprise size, the digital talent acquisition market is segmented into small enterprises, medium enterprises, and large enterprises.
- On the basis of end user, the digital talent acquisition market is segmented into banking, insurance, retail, IT and telecom, services, government and defense, manufacturing, and logistics.
Regional Insights: North America dominates the Global Digital Talent Acquisition Market
North America leads the digital talent acquisition market due to its robust adoption of cutting-edge technology and well-established infrastructure. This advantage positions the region ahead over the forecast period (2022-2029), allowing companies to tap into advanced tools and methods for effective talent acquisition, driving the region's dominance in this market.
Asia-Pacific is set for substantial growth from 2022 to 2029, propelled by increasing government-driven digitization initiatives. The region's governments are actively fostering digital transformation, spurring demand for talent acquisition solutions. These efforts are expected to reshape the workforce landscape, making Asia-Pacific a significant player in the digital talent acquisition market's expansion.
To know more about the study visit, https://www.databridgemarketresearch.com/pt/reports/global-digital-talent-acquisition-market
The Prominent Key Players Operating in the Global Digital Talent Acquisition Market Include:
- Cisco Systems, Inc. (U.S.)
- IBM (U.S.)
- Siemens (Germany)
- Microsoft (U.S.)
- Hitachi Ltd. (Japan)
- Schneider Electric (France)
- Huawei Technologies Co., Ltd (China)
- Intel Corporation (U.S.)
- NEC Corporation (Japan)
- ABB (Switzerland)
- Telefonaktiebolaget LM Ericsson (Sweden)
- Itron Inc., (U.S.)
- Oracle (U.S.)
- Fujitsu (Japan)
- Honeywell International Inc.,(U.S.)
- Accenture (Ireland)
- SAP SE (Germany)
- Sensoneo (Finland)
- Big belly solar, LLC (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of global digital talent acquisition market companies contact, https://www.databridgemarketresearch.com/pt/contact
Research Methodology: Global Digital Talent Acquisition Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
