Online interview management solutions are designed for streamlining the interview process. The recruiter or interviewer utilizes this software for conducting the recruitment process. This software is an effective solution in the recruitment industry as it minimizes efforts, saves time, and improves hiring team collaboration. Online interview management solutions save money as they offer the option of live online interview, which eliminates traveling costs of employees. Live video interviewing offers face-to-face, real-time interaction or communication with candidates.
1. Online interview management solutions are designed for streamlining the interview process. The
recruiter or interviewer utilizes this software for conducting the recruitment process. This software
is an effective solution in the recruitment industry as it minimizes efforts, saves time, and improves
hiring team collaboration. Online interview management solutions save money as they offer the
option of live online interview, which eliminates traveling costs of employees. Live video
interviewing offers face-to-face, real-time interaction or communication with candidates.
Increased globalization and growth in the employment rate are likely to drive the global online
interview management solution market. Online interview management solutions reduce the time
for the recruitment process as they replace tasks involved in the traditional interview process such
as resume reviews and phone screens with an on-demand video interview. Moreover, recruiters can
evaluate more candidates at their convenience without having to synchronize calendars. Online
interview management solutions offer live interview features, which allow recruiters or interviewers
to conduct interviews in real time. Virtual machine-based solutions are estimated to offer attractive
expansion opportunities to the online interview management solutions market as these solutions
provide candidates with a cloud-deployed virtual machine (VM) with the graphic user interface (GUI)
based application.
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The online interview management solutions market can be segmented based on component,
deployment, operating system, enterprise size, end-user, and region. In terms of component, the
market can be classified into software and services. The software segment can be further classified
into all-in-one and standalone. The standalone sub-segment can be further categorized into
applicant management, online assessment, structured online interviews, video screening, video
interviewing, live interview, online tests (grammar, essay, coding, etc.) and others (feedback
management, etc.) Video interviewing software solutions enable enterprises to screen candidates
through video interviews instead of CVs or resumes. The demand for live interview software is
expected to increase over the forecast period as it offers a seamless interview platform for a face-to-
face conversation between the panel and candidate, irrespective of their location. The services
segment can be further divided into installations and integration, training and consulting, and and
maintenance and support. Based on deployment, the market can be segmented into web-based,
cloud (software as a service (SaaS)), and mobile app. In terms of operating system, the market can
be classified into Windows, UNIX, Android, Mac/iOS, Linux, and others. Based on enterprise size, the
market can be categorized into small-medium enterprises and large enterprises. In terms of end-
user, the online interview management solutions market can be classified into IT and telecom,
media and entertainment, manufacturing, education, retail, energy and utility, travel and hospitality,
health care, government, and others (oil and gas, construction, legal, etc.).
Based on region, the online interview management solutions market can be segmented into North
America, South America, Europe, Asia Pacific, and Middle East & Africa. North America is estimated
to account for a significant market share in 2018. It is expected to continue its dominance over the
forecast period. This is due to an increase in focus of candidates and students on applying for jobs in
countries in North America such as the U.S. and Canada. The market in Europe is estimated to
expand at a rapid pace during the forecast period, due to expansion in the recruitment industry. The
market in Asia Pacific is expected to expand at a rapid pace, owing to growth in employment rate
and expansion in the education industry. Moreover, the adoption of online interview management
solutions by enterprises is expected to further boost the market.
2. Companies operating in the online interview management solutions market offer subscription and
licensed pricing models. The companies offer three types of subscription pricing models: per
transaction, per recruiter user, and per employee. Key companies operating in the online interview
management solutions market are Mettl Online Assessment, skeeled, FaceCruit, Hire-Intelligence,
Talview, RecRight, Jobsoid Inc., Montage, PlumVue, Hirevue, and Spark hire.
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