AI Recruitment Market Analysis

  • Report ID: 6828
  • Published Date: Mar 19, 2025
  • Report Format: PDF, PPT

AI Recruitment Segmentation

Deployment (Cloud, On-premises)

Cloud segment is projected to capture AI recruitment market share of around 67.8% by the end of 2037. The prime factors contributing to the cloud AI recruitment solution sales growth are scalability, flexibility, and cost-effectiveness. Also, the cloud-based platforms are accessible from anywhere, which allows recruitment teams across different locations to collaborate seamlessly. Furthermore, continuous innovations in the cloud-based platforms are enhancing the workflow of HR teams

For instance, in November 2024, Bullhorn announced that it collaborated with Salesforce’s Agentforce Partner Network to develop enhanced AI agents. Bullhorn also announced the launch of Bullhorn Recruitment Cloud, which delivers front-to-back solutions, aiding enterprises to grow. These advancements are expected to perfectly meet the evolving demands of the recruitment sector.

Component (Software, Services)

The software segment is expected to capture a dominating share of the global AI recruitment market through 2037. Software solutions are gaining a boom owing to their data-driven decision-making capabilities. Software solutions have more effective results than the conventional recruiting process. Digital technologies such as artificial intelligence, machine learning, deep learning, and the Internet of Things accelerate the hiring process, save potential time, and mitigate labor costs. Some of the top AI recruiting solutions in 2025 are Workable, Humanly, Paradox, Manatal, Wellfound, and HireVue. Continuous technological innovations are further set to augment the profits of market players.

Our in-depth analysis of the global AI recruitment market includes the following segments:

Component

  • Software
  • Services

Deployment

  • Cloud
  • On-premises

Vertical

  • IT & Telecom
  • Government
  • BFSI
  • Healthcare
  • Education
  • Enterprises
  • Others

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

Currently in 2025, the industry revenue of AI recruitment is estimated at USD 649.49 million.

The global AI recruitment market is set to expand from USD 617.5 million in 2024 to USD 1.56 billion by 2037, reflecting a CAGR of more than 7.4% during the forecast timeline, from 2025 to 2037.

North America industry is set to hold largest revenue share of 38.6% by 2037, owing to swift adoption of digital technologies by the majority of enterprises for the recruiting process.

The major players in the market include iCIMS, PandoLogic, Inc., Hackajob Ltd., Zoho Corporation, and SmartRecruiters.
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