The Continuous Growth of Recruitment Software Amidst COVID-19

June 7, 2022
Read Time
Min Read
Table of Contents

AI software built for Recruiters

Start free trial

Download our free Recruitment Signals report!

Download

The recruitment industry is not dead. As a matter of fact, it is growing more in value as recruiters focus on outcome-based solutions that positively impacts the business. Instead of just relying on a single approach, they use various methods to improve their performance-- including the use of recruitment software.

To add to that, everyone is digitizing their HR process to be more efficient and competitive in finding the best candidates. With the right tools and technologies, companies are utilizing modern advances to bolster their workforce to its highest potential.

The recruitment software market worldwide is expected to reach $3 billion by 2027

If you’re second guessing the potency of recruitment software, don’t. Research shows that there will be a massive and continual increase in its value, growing at a CAGR of 6%. That is a big jump considering that it is currently estimated at $2 billion.

That’s on a global scale. China is expected to reach a market size of $641.6 million in seven year’s time, trailing a CAGR of 9.5%. On the other hand, other countries such as Japan and Canada have projected growth to 3.3% and 5.7% CAGR respectively over the same period.

What do these numbers mean? Simple: recruitment software is here to stay and is only going to be more valuable moving forward. 

Factors that influences the growth of recruitment software 

Optimizing recruitment process for survival and success

Take advantage of people’s desire to cope with the pandemic. More than ever, businesses will not rely on just one approach, but will try various ones to find out which one will work best.

Showcasing the effectiveness and efficiency of recruitment software will increase the chances of garnering more users. With the right features and a compelling branding, it will be easy to persuade them to optimize their recruitment process and ensure profitability.

Businesses seek help for remote hiring because of physical limits

Recruitment trends foresee that remote hiring will slowly be adapted over the next five years. It makes sense, too. Since people are going digital, why be constrained by borders?

When companies conduct remote hiring, it actually allows them to reach untapped potentials, promote diversity & company culture, increase employer branding, and many more.

The use of ATS will help recruiters in this regard. Such software, like Manatal, lets recruiters get a wider reach across multiple channels within seconds. To add to that, its email integration aids in centralizing communication and nurturing engagements.

The need for better and more modern tools and technologies

Acquiring state-of-the-art tools and technologies is extremely sustainable and scalable for both HR Professionals and the company itself. Such assets help them adapt better and simplify work to allocate resources to other projects.

Let’s take Manatal as an example. It has a career page builder, which is fully customizable to tailor to job vacancies accordingly. It also has a smart candidate recommendation system that presents talents best suited for the role. You can click on this link to know more about what Manatal can do.

It will be helpful to find a recruitment software that has an all-in-one solution that utilizes a wide array of tools in its whole recruiting process. 

The use of recruitment software is still undeniable, and reports will prove that time and time again. Companies may start off with traditional methods, but eventually will resort to modernizing their ways to improve business performance.

Despite the unknown, it is the future. Recruitment software bolsters the workplace to ensure success and further stimulates adaptability for survival. Don’t miss out on opportunities and strengthen the core of your company today.


Click here to read more of our insights on recruitment and HR technology, or here to explore our 14-day free trial.

Sourcing candidates shouldn't be hard.

No credit card required
No commitment
Start Free Trial

Explore how Manatal can Fit
your Business

Receive an overview of Manatal platform from a product expert.

Get started with Manatal

Our 14-day free trial allows anyone to explore the platform without commitment, while our team is committed to providing support and guidance throughout the process.
Data migration from your existing recruitment software
Team training for a fast and smooth onboarding
Transparent and flexible pricing without lock-in contract
Highest security protocol as standard (SOC II Type 2)
24 / 5 support availability via live chat
All-in-one platform covering all your recruitment needs

Transform the Way You Recruit Today.

World-leading Recruitment Software for Talent Acquisition and Recruitment Professionals.
900,000+
Recruitment processes managed.
10,000+
Active recruiting teams.
135+
Countries.
Bill Twinning
Talent Resources & Development Director - Charoen Pokphand Group
Manatal is the best ATS we worked with. Simplicity, efficency and the latest technologies combined make it an indispensable tool for any large-scale HR team. Since its adoption, we've seen a huge increase across all our key recruitment metrics. To summarize. it is a must-have.
Ahmed Firdaus
Director - MRI Network, Executive Search Firm
I've been using Manatal for the past couple of months and the platform is excellent, user-friendly and it has helped me a lot in my recruitment process, operation and database management. I'm very happy with their great support. Whenever I ask something they come back to me within minutes.
Dina Demajo
Senior Talent Acquisition - Manpower Group
Manpower has been using Manatal and we couldn't be happier as a team with the services this platform has provided. The application is extremely user-friendly and very well equipped with all the useful functions one would required for successful recruitment. The support team is also excellent with very fast response time.
Edmund Yeo
Human Resources Manager - Oakwood
Manatal is a sophisticated, easy-to-use, mobile-friendly, and cloud-based applicant tracking system that helps companies achieve digitalization and seamless integration to Linkedin and other job boards. The team at Manatal is very supportive, helpful, prompt in their replies and we were pleased to see that the support they offer exceeded our expectations.
Maxime Ferreira
International Director - JB Hired
Manatal has been at the core of our agency's expansion. Using it has greatly improved and simplified our recruitment processes. Incredibly easy and intuitive to use, customizable to a tee, and offers top-tier live support. Our recruiters love it. A must-have for all recruitment agencies. Definitely recommend!
Ngoc-Thinh Tran
HR Manager, Talent Sourcing & Acquisition - Suntory PepsiCo Beverage
I am using Manatal for talent sourcing and it is the best platform ever. I am so impressed, the Manatal team did an excellent work. This is so much awesome, I am recommending the solution to all recruiters I know.
Bill Twinning
Talent Resources & Development Director - Charoen Pokphand Group
Manatal is the best ATS we worked with. Simplicity, efficency and the latest technologies combined make it an indispensable tool for any large-scale HR team. Since its adoption, we've seen a huge increase across all our key recruitment metrics. To summarize. it is a must-have.
Ahmed Firdaus
Director - MRINetwork, Executive Search Firm
I've been using Manatal for the past couple of months and the platform is excellent, user-friendly and it has helped me a lot in my recruitment process, operation and database management. I'm very happy with their great support. whenever I asked something they come back to me within minutes.
Dina Demajo
Senior Talent Acquisition - Manpower Group
Manpower has been using Manatal and we couldn't be happier as a team with the services this platform has provided. The application is extremely user-friendly and very well equipped with all the useful functions one would required for successful requirement. The support team is also excellent with very fast response time.
Kevin Martin
Human Resources Manager - Oakwood
Manatal is a sophisticated, easy-to-use, mobile-friendly, and cloud-based applicant tracking system that helps companies achieve digitalization and seamless integration to Linkedin and other job boards. The team at Manatal is very supportive, helpful, prompt in their replies and we were pleased to see that the support they offer exceeded our expectations.
Maxime Ferreira
International Director - JB Hired
Manatal has been at the core of our agency's expansion. Using it has greatly improved and simplified our recruitment processes. Incredibly easy and intuitive to use, customizable to a tee, and offers top-tier live support. Our recruiters love it. A must-have for all recruitment agencies. Definitely recommend!
Ngoc-Thinh Tran
HR Manager, Talent Sourcing & Acquisition - Suntory PepsiCo Beverage
I am using Manatal for talent sourcing and it is the best platform ever. I am so impressed, the Manatal team did an excellent work. This is so much awesome, I am recommending the solution to all recruiters I know.

Try Manatal for free during 14-day with no commitment.

No credit card required
No commitment
Try it Now