Digital Talent Acquisition Market Scope
Digital revolution, combined with the rising landscape of talent competition in the market, necessitates a shift in focus in order to enable well-founded and flexible decision-making processes in a sustainable society. Traditionally, talent management strategies were more permanent, with the goal of promoting organisational staff development over time. Employers are highly invested in staff training as well as employee loyalty and dedication. The role of human resources departments was to assist the full working cycle of a company's personnel based on this idea. This included defining and supervising all hiring, training, development, and promotion processes. Because many sectors require personnel with IT-related knowledge, skills, and abilities to digitalize their products, services, and processes, recruitment plays a critical role throughout digital transformation.
The Digital Talent Acquisition market study is segmented and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Digital Talent Acquisition market throughout the predicted period.
Accenture plc (Ireland), IBM Corporation (United States), Skillsoft Limited (United States), ADP, Inc (United States), Cornerstone OnDemand (India), Data Science Council of America (United States), Engaging Ideas Pvt. Ltd. (India), Hortonworks Inc. (United States), iCIMS (United States) and Microsoft Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Oracle Corporation (United States), SAP SE (Germany), Skillsoft Limited (United States), Ultimate Software (United States) and Workday, Inc. (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Digital Talent Acquisition market by Type, Application and Region.
On the basis of geography, the market of Digital Talent Acquisition has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 3rd January, 2019 - Cloudera and Hortonworks Entered into Merger Agreement. The Deal Combines AI Capabilities with A Corporate Data Cloud That Allows Hybrid and Multi-Cloud Deployments, Giving Businesses the Freedom to Execute Machine Learning and Analytics with Their Data in Their Own Unique Way, Without Being Locked In. and On 3rd May, 2018 - IBM Acquired Armanta. The Agreement Includes Armanta's Technology Platform, Which Enables Financial Institutions to Aggregate Data from Numerous Systems in Near Real-Time to Improve Management Decision-Making and Better Meet Regulatory Compliance, Allowing Firms to Re-Allocate Capital Saved to Innovative Initiatives.
- Rising Implementation of Digital, Video, And Cognitive Technologies
- Technical Progress in Digital Talent Acquisition
- Demand for Digital Integrated Talent Acquisition Systems Integrated with CRM And ERP
- Integration with Advance Technologies Including AI and ML
- Technological Limitations
- Security Concerns and Cyber Threats
- Lack of Awareness
- Fierce Competitive Pressure
Key Target AudienceDigital Talent Acquisition Solution Providers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Digital Talent Acquisition Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.