The Resume Parsing Software Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Resume Parsing Software Market?
The market size of the resume parsing software has seen a swift expansion recently. The market is projected to increase from $20.19 billion in 2024 to $23.54 billion in 2025, marking a compound annual growth rate (CAGR) of 16.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Resume Parsing Software Industry?
The market size for resume parsing software is expected to reach $43.20 billion in 2029, with a compound annual growth rate (CAGR) of 16.4%.
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What are the Key Growth Drivers Fueling the Resume Parsing Software Market?
The key drivers in the resume parsing software market are:
• Rising need for efficient hiring processes
• Growth in demand for predictive analytics
• Increasing focus on diversity and inclusion initiatives
• Growing emphasis on soft skills assessment
Global Market Segmentation: Identifying Major Resume Parsing Software Industry Segments
The resume parsing software market covered in this report is segmented –
1) By Deployment Mode: Cloud-Based, On-Premises
2) By Organization Size: Large Enterprises, Small And Medium Enterprises (SMEs)
3) By Application: Recruitment And Staffing, Applicant Tracking Systems (ATS), Talent Management
Subsegments:
1) By Cloud-Based: Public Cloud Deployment, Private Cloud Deployment, Hybrid Cloud Deployment
2) By On-Premises: Enterprise-Level On-Premises Deployment, Small & Medium Business (SMB) On-Premises Deployment, Customized On-Premises Deployment
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What are the emerging Trends Shaping the Future of the Resume Parsing Software Market?
The key trends in the resume parsing software market are:
• The advancement in artificial intelligence and machine learning technology is creating a significant trend in the resume parsing software market.
• The software market is expected to be shaped by the integration with advanced applicant tracking systems.
• Advancements in natural language processing are emerging as a major trend in the market.
• The development of real-time parsing capabilities and integration of social media profile parsing are key trends shaping the market's future.
Who Are the Top Competitors & Leading Players in the Resume Parsing Software Market?
Major players in the resume parsing software market are:
• Zoho Corporation Pvt. Ltd.
• Bullhorn Inc.
• Affinda Pty Ltd.
• Textkernel B.V.
• DaXtra Technologies Ltd.
• Zappyhire
• Top Echelon
• RChilli Inc.
• Parseur.com
• TimeTrex
• CVViZ Softwares Private Limited.
• Klippa App B.V.
• Aimanack Company Limited
• Magical API Inc.
• Recruit CRM Pvt. Ltd.
• Talentrackr Technologies Pvt. Ltd.
• Turbohire Technologies Private Limited
• Newton
• HireAbility
• HireQuotient Technologies Pte. Ltd.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the resume parsing software market in 2024
