Worldwide Talent Acquisition Technologies and Services Forecast, 2024–2028

IDC Market Forecast Figure

• Figure: Worldwide Talent Acquisition Technologies and Services Spending Snapshot

Executive Summary

Advice for Technology Suppliers

• Embrace AI and Machine Learning

• Prioritize Skills-Based Hiring

• Build Global Talent Sourcing Capabilities

• Champion Diversity, Equity, and Inclusion

• Reimagine the Candidate's Experience

• Expand into Contingent Workforce Solutions

• Foster a Partnership Ecosystem

• Develop for the Metaverse

Market Forecast

Market Context

• Rise of Intelligent Hiring Platforms

• Emphasis on Skills-Based Hiring

• Global Talent Sourcing and Remote Hiring

• Diversity, Equity, and Inclusion

• Integration of Talent Marketplaces

• Emphasis on Candidate Experience

• Drivers and Inhibitors

• Drivers

• Workforce Planning Strategies

• Compliance and Security Concerns

• Focus on Diversity, Equity, and Inclusion Boundaries

• Inhibitors

• Global Talent Pools

• Workforce Upskilling/Reskilling Bottlenecks

• Significant Market Developments

• Changes from Prior Forecast

• Figure: Worldwide Talent Acquisition Technologies and Services Spending, 2019–2028: Comparison of June 2023 and July 2024 Forecasts

• Accelerated Adoption of AI/ML

• Emphasis on Skills-Based Hiring

• Global Talent Sourcing Becoming Mainstream

• Prioritization of Diversity, Equity, and Inclusion

• Rise of Talent Marketplaces and Gig Economy

• Immersive Experiences and Metaverse Hiring

• Ecosystem Partnerships and Open APIs

• Continuous Innovation and Agile Methodologies

Market Definition

Methodology

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