HTF MI has released a detailed study on the Global AI-Powered Resume Screening Tools Market, covering 143+ pages and projecting market trends from 2025 to 2032. Key players include HireVue, Pymetrics, and Eightfold AI, among others. The market is expected to grow from $4.5 billion in 2025 to $11 billion by 2032, with a CAGR of 12.1%.
The report highlights essential segmentation by region and key functionalities such as AI parsing, skill analysis, and automated ranking, serving industries like recruitment automation and talent acquisition. Notable trends include the integration of NLP and machine learning, the necessity for unbiased hiring, and increasing adoption of predictive analytics. Challenges include data privacy concerns and high upfront costs, while opportunities exist in expanding to SMBs and enhancing predictive hiring insights. The study incorporates a Five Forces and PESTLE analysis, providing comprehensive insights for stakeholders.
Explore the full report for in-depth regional analyses and key growth factors.
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