Video Interviewing Software market share to hit $536.85M by 2028 – report

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The latest research study on “Video Interviewing Software Market Forecast to 2027 – COVID-19 Impact and Global Analysis by Type (Web-Based and Mobile Apps) and Enterprise Size (SMEs and Large Enterprise)” was published by the Insight Partners.

The global video interviewing software market growth is driven by growing preference for video interviews in recruitment process. This is primarily attributed to the rise in investments.

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Video Interviewing Software Market report overview

Market Size Value in	US$ 246.34 Million in 2022
Market Size Value by	US$ 536.85 Million by 2028
Growth rate	CAGR of 13.9% from 2022 to 2028
Forecast Period	2022-2028
Base Year	2022
No. of Pages	170
No. Tables	88
No. of Charts & Figures	80
Historical data available	Yes
Segments covered	Type, Enterprise Size, and Industry
Regional scope	North America; Europe; Asia Pacific; Latin America; MEA
Country scope	US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report coverage	Revenue forecast, company ranking, competitive landscape, growth factors, and trends

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Many global giants, such as Google, LinkedIn, and Amazon, cancelled on-site job interviews in 2020 and 2021 and interviewed almost all candidates using interviewing software solutions.

Talent acquisition teams at Amazon have been completing the necessary paperwork related to the recruitment, along with conducting interviews and evaluations, using Amazon Chime, its meeting software.

Google has informed applicants that interviews will take place in Google Hangouts or via the BlueJeans video conferencing platform.

LinkedIn has told interested job seekers that they have the option to conduct their interviews virtually through BlueJeans or postpone them until the conditions allow teams to meet in person. Thus, during the COVID-19 pandemic, companies worldwide have adopted video interviewing software for recruitment, resulting in the high demand for the solution in 2020.

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Video Interviewing Software Market: Competitive Landscape and Key Developments

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Jobvite, Inc; Modern Hire; Shine; Skeeled; Spark Hire; VidCruiter Inc; INTERVIEWME (PTY) LTD; ClearCompany; HireVue, Inc; interviewstream; Yello; Breezy HR, Inc; Wamly are among the key players profiled in the video interviewing software market report.

In addition, several other essential video interviewing software market players were studied and analysed to get a holistic view of the video interviewing software market and its ecosystem. The report provides detailed video interviewing software market insights, which help the key players to strategise their growth.

• In March 2022, Modern Hire launched its latest interview technology, “Automated Interview Creator.” It is a science-based interview technology that guides and recommends the best interview questions to meet the job requirements.
• In February 2022, Jobvite and ChartHop, two leading people analytics innovators, entered into a partnership to improve the overall HR lifecycle by enhancing communication across team members, visibility, better utilisation of data, and much more for both HR and finance leaders.
• In July 2020, Skeeled launched its talent acquisition software driven by AI across the UK market, facilitating faster and improved hiring across industries.
• In January 2019, Shine announced that they would be exhibiting at the in-house recruitment expo on February 26 and 27, 2019. This event was most important for in-house recruiters, covering the full range of hiring, retention, and talent development.

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Furthermore, 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 digitalisation, the industrial implementation of video interviewing software is comparatively higher than in most other countries worldwide.

In addition, the country has a strong networking infrastructure that favours the video interviewing software market growth in the country. With the development of 5G underway, several companies are struggling to commercialise the technology as soon as possible.

The commercialisation of 5G would generate a higher demand for video interviewing software from a diverse range of industries.

The adoption of video interviewing software platforms in US businesses is majorly attributed to the availability of supporting the adoption of digital technologies in the companies for the hiring process, which has been attracting the video interviewing software developers and service providers to invest and partner with leading institutes and corporates in the country.

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Browse adjoining reports:
Interview Scheduling Software Market Forecast to 2028 – COVID-19 Impact and Global Analysis by Deployment (On Premises, Cloud-based); Enterprise Size (Small and Medium Enterprise (SMEs), Large Enterprise) and Geography

Exit Interview Software Market Forecast to 2028 – COVID-19 Impact and Global Analysis by Subscription (One Time Subscription, Monthly Subscription, Yearly Subscription); Components (Software, Services); Organisation Size (SMEs, Large Organisations); End-User Industry (BFSI, Healthcare, IT Industry, Real Estate, Education, Others) and Geography

Video Editing Software Market Forecast to 2027 – COVID-19 Impact and Global Analysis by Type (On-Premise and Cloud) and Application (Commercial and Personal), and Geography

Video Management Software Market Forecast to 2028 – COVID-19 Impact and Global Analysis by Technology (Analogue-Based, IP-Based, Hybrid); Solution (Video Analytics, Custom Application Management, Storage Management, Data Integration, Navigation Management, Intelligent Streaming, Security Management, Others); Industry Vertical (IT and Telecom, BFSI, Retail, Transportation and Logistics, Energy and Utility, Others) and Geography

Broadcast and Internet Video Software Market Forecast to 2028 – COVID-19 Impact and Global Analysis by Product Type (Live Stream Encoding Software, Streaming Solution); Deployment Type (Cloud-based, On-premises); Application (Digital Marketing and Social Media, Education, Live Event Production, Live Sports, Others) and Geography

Video Conferencing Software Market Forecast to 2028 – Covid-19 Impact and Global Analysis – by Product Type (Telepresence, Integrated, Desktop); Application (Large Enterprises, SMEs); Industry Vertical (Education, Healthcare, Government, Corporate, Others) and Geography

Video Content Management System Market to 2028 – Global Analysis and Forecasts by Component (Platform, Services); Deployment Type (On-Premise, Cloud Based); Application (Education and Learning, Enterprise Communication, Marketing and Client Management, Recruitment and Training, Virtual Events); Industry Vertical (BFSI, IT and Telecom, Healthcare and Life Sciences, Education, Media and Entertainment, Retail and E-Commerce, Others) and Geography

Consumer Video Feedback Software Market Forecast to 2028 – COVID-19 Impact and Global Analysis by Deployment (Cloud and On Premise) and End User (FMCG, BFSI, Electronics, IT and Telecom, Retail, Hospitality, and Other End Users)

Video Analytics Market Forecast to 2028 – COVID-19 Impact and Global Analysis by Component (Solution and Service), Deployment (On Premise and Cloud based), Application (Crowd Management, Facial Recognition, Intrusion Detection, License Plate Recognition, Motion Detection, and Others), and Vertical (BFSI, Education, Hospitality and Entertainment, Manufacturing, Defence and Border Security, Retail, Transportation and Logistics, and Others)

About The Insight Partners

The Insight Partners is a one stop industry research provider of actionable intelligence. They help clients in getting solutions to their research requirements through their syndicated and consulting research services.

They specialise in industries such as Semiconductor and Electronics, Aerospace and Defence, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact

If you have any queries about this report or if you would like further information, please contact:

Contact person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
Press release: https://www.theinsightpartners.com/pr/video-interviewing-software-market/

– Globe Newswire, New York

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