AI Recruitment market forecasts $1,019.1 mn growth by 2030 (6.7% CAGR), while addressing biased data concerns and emphasizing human oversight.
The AI Recruitment market, valued at $605.4 million in 2022, is expected to grow to $1,019.1 million by 2030, with a CAGR of 6.7%. Major players include SAP, Google, and IBM. While AI streamlines recruiting and helps reduce biases, it can also perpetuate issues if trained on biased data. A significant percentage of job seekers are using AI tools, sometimes leading to deceptive practices. Human oversight remains essential for effective hiring decisions.
September 24, 2024
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