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TECH SUPPLIER Aug 2019 - Market Forecast - Doc # US45448319

Worldwide Talent Acquisition Technologies and Services Forecast, 2019–2023

By: Megan Buttita, MLISResearch Director, Emerging Trends in Talent Acquisition, Worldwide Services Group

Abstract

This IDC study provides a forecast for the worldwide talent acquisition technology and services market for 2019–2023.

"2019 has been a strategically transitional year for talent acquisition, shifting from new large spend purchases or replacing existing technologies to looking at how best to optimize current platforms and attract, onboard, and retain talent more effectively. With the primary focus around artificial intelligence (AI), machine learning (ML), natural language processing (NLP), and robotic process automation (RPA) in most recent years, companies are now faced with challenges automation cannot solve on its own," said Megan Buttita, research director of IDC's Emerging Trends in Talent Acquisition program. "While the market will continue to grow at 5.2% through 2023, companies are facing business and market impacts that will affect talent acquisition technology spending."


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