+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Sale

Asia Pacific Video Interviewing Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Type, Enterprise Size, and Industry

  • PDF Icon

    Report

  • 103 Pages
  • October 2022
  • Region: Asia Pacific
  • The Insight Partners
  • ID: 5689473
UP TO OFF until Mar 31st 2024
The video interviewing software market in Asia Pacific is expected to grow from US$ 56.18 million in 2022 to US$ 140.71 million by 2028. It is estimated to grow at a CAGR of 16.5% from 2022 to 2028.

Recruiter’s position is one of the fastest-changing positions in the business world, with an extending list of responsibilities, and the use of video interviewing tools is making their tasks less cumbersome. The available automation and assistive AI technologies in purpose-built systems enable them to spend less time on administrative and repetitive recruitment tasks. This allows them to invest more time in strategic activities such as brand building and candidate engagement, alongside ensuring increased productivity. Further, video interviewing enables interviewers to keep records in digital format, thereby boosting process transparency and accuracy. In on-demand interviews, talent acquisition (TA) teams would offer the same question set in the same way to all applicants for a particular position. With recent developments such as on-demand text and virtual recruiters assisted by AI, purpose-built solutions integrated to provide efficient output such as analytics graph which can be easy for the analysis of applied applications. Additionally, video interviewing apps and software that can be installed on mobile devices are also gathering significant traction. Most organizations use an Applicant Tracking System (ATS) to store and record information about each candidate. They need to choose a video interview tool that integrates with their ATS, further allowing them to record each video interview on the candidate's profile, which can further be reviewed by other members of the group. This will help companies eliminate the step of recording and uploading the interview video to the systems that are in use to track candidates. For instance, Harver is a complete candidate screening platform with a video interview module that allows companies to easily implement asynchronous virtual interviews into their candidate screening process. Recorded video interviews can be combined with other Harver assessments, allowing the organization to evaluate every candidate aspect, from cognitive ability to cultural adaptability.

Market Overview

Asian & Pacific countries are home for several SMEs across industries, which capitalize heavily on advanced technologies, and this factor is favoring the video interviewing software market in the region. The continuously growing economies in this region include China, India, Japan, South Korea, Singapore, Taiwan, and Malaysia, among others. The cultures of a remote office, home office, and coworking spaces are tremendously growing in the region, which is encouraging the individuals to incorporate video interviewing software into their systems. In addition, several organizations are transitioning from large conference rooms to smaller hurdle rooms with an objective to utilize maximum office space for employee engagement. This transition is facilitating them to employ large workforce to ensure enhanced productivity. Moreover, the transition from large conference rooms to small hurdle rooms is influenced by the emergence and adoption of audiovisual (AV) technologies, which enable the employees to virtually interact with individuals located at a disparate area from small rooms.

The countries in APAC are consistently witnessing growth in corporate, healthcare, and education sectors. The proliferation rate of technologies is noteworthy in the sectors mentioned above, and the demand for video interviewing software continues to rise in every interview space.
In addition, the development of a 5G network is accentuating at a rapid rate, which is also foreseen to boost the video interviewing software market.

Asia Pacific Video interviewing software Market Segmentation

The Asia Pacific video interviewing software market is segmented into type, enterprise size, industry, and country. Based on type, the video interviewing software market is segmented into web-based and mobile apps. The web-based segment accounted for a larger market share in 2022.
  • Based on enterprise size, the video interviewing software market is segmented into small and medium enterprises (SMEs) and large enterprises. The large enterprises segment registered the largest market share in 2022.
  • Based on industry vertical, the Asia Pacific video interviewing software market is segmented into IT and telecom, manufacturing, BFSI, healthcare, and others. The IT and telecom segment held the largest market share in 2022.
  • Based on country, the market is segmented into Australia, China, India, Japan, South Korea, and Rest of Asia Pacific. China dominated the market share in 2022.
Breezy HR, Inc., Jobvite, Inc, Modern Hire, and Spark Hire are the leading companies operating in the video interviewing software market in the region.
Frequently Asked Questions about the Asian Pacific Video Interviewing Software Market

What is the estimated value of the Asian Pacific Video Interviewing Software Market?

The Asian Pacific Video Interviewing Software Market was estimated to be valued at $56.18 Million in 2022.

What is the growth rate of the Asian Pacific Video Interviewing Software Market?

The growth rate of the Asian Pacific Video Interviewing Software Market is 16.5%, with an estimated value of $140.71 Million by 2028.

What is the forecasted size of the Asian Pacific Video Interviewing Software Market?

The Asian Pacific Video Interviewing Software Market is estimated to be worth $140.71 Million by 2028.

Who are the key companies in the Asian Pacific Video Interviewing Software Market?

Key companies in the Asian Pacific Video Interviewing Software Market include Breezy HR, Inc., Jobvite, Inc, Modern Hire and Spark Hire.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Video Interviewing Software Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. APAC Video Interviewing Software Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Preference for Video Interviews in Recruitment Process
5.1.2 Rising Number of Job Applicants Raising Demand for Time-Efficient Selection Systems
5.2 Market Restraints
5.2.1 Issues with Internet Connectivity and Potential Frauds
5.2.2 Availability of Open-Source Video Interviewing Solutions
5.3 Market Opportunities
5.3.1 Use of Social Analytics for Data Screening and Increasing Demand in Asia Pacific
5.3.2 Introduction of Big Data
5.4 Future Trends
5.4.1 Changing Roles of Recruiters
5.4.2 Adoption of Cloud-Based Video Interviewing Solutions
5.5 Impact Analysis
6. APAC Video Interviewing Software Market - APAC Market Analysis
6.1 APAC Video Interviewing Software Market Overview
6.2 APAC Video Interviewing Software Market -Revenue and Forecast to 2028 (US$ Million)
7. APAC Video Interviewing Software Market Analysis - By Type
7.1 Overview
7.2 APAC Video Interviewing Software Market, By Type (2021 and 2028)
7.3 Web-Based
7.3.1 Overview
7.3.2 Web-Based: Video Interviewing Software Market - Revenue, and Forecast to 2028 (US$ Million)
7.4 Mobile Apps
7.4.1 Overview
7.4.2 Mobile Apps: Video Interviewing Software Market - Revenue, and Forecast to 2028 (US$ Million)
8. APAC Video Interviewing Software Market Analysis - By Enterprise Size
8.1 Overview
8.2 APAC Video Interviewing Software Market, By Enterprise Size (2021 and 2028)
8.3 Small and Medium Enterprises (SMEs)
8.3.1 Overview
8.3.2 SMEs: Video Interviewing Software Market - Revenue, and Forecast to 2028 (US$ Million)
8.4 Large Enterprise
8.4.1 Overview
8.4.2 Large Enterprise: Video Interviewing Software Market - Revenue, and Forecast to 2028 (US$ Million)
9. APAC Video Interviewing Software Market Analysis - By Industry
9.1 Overview
9.2 APAC Video Interviewing Software Market, By Industry (2021 and 2028)
9.3 BFSI
9.3.1 Overview
9.3.2 BFSI: Video Interviewing Software Market - Revenue, and Forecast to 2028 (US$ Million)
9.4 IT and Telecom
9.4.1 Overview
9.4.2 IT and Telecom: Video Interviewing Software Market - Revenue, and Forecast to 2028 (US$ Million)
9.5 Healthcare
9.5.1 Overview
9.5.2 Healthcare: Video Interviewing Software Market - Revenue, and Forecast to 2028 (US$ Million)
9.6 Manufacturing
9.6.1 Overview
9.6.2 Manufacturing: Video Interviewing Software Market - Revenue, and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Video Interviewing Software Market - Revenue, and Forecast to 2028 (US$ Million)
10. APAC Video Interviewing Software Market - Country Analysis
10.1 Overview
10.1.1 Recent Developments
10.1.2 APAC: Video Interviewing Software Market, by Key Country
10.1.2.1 Australia: Video Interviewing Software Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.1 Australia: Video Interviewing Software Market, by Type
10.1.2.1.2 Australia: Video Interviewing Software Market, by Enterprise Size
10.1.2.1.3 Australia: Video Interviewing Software Market, by Industry
10.1.2.2 China: Video Interviewing Software Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.1 China: Video Interviewing Software Market, by Type
10.1.2.2.2 China: Video Interviewing Software Market, by Enterprise Size
10.1.2.2.3 China: Video Interviewing Software Market, by Industry
10.1.2.3 India: Video Interviewing Software Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.1 India: Video Interviewing Software Market, by Type
10.1.2.3.2 India: Video Interviewing Software Market, by Enterprise Size
10.1.2.3.3 India: Video Interviewing Software Market, by Industry
10.1.2.4 Japan: Video Interviewing Software Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.4.1 Japan: Video Interviewing Software Market, by Type
10.1.2.4.2 Japan: Video Interviewing Software Market, by Enterprise Size
10.1.2.4.3 Japan: Video Interviewing Software Market, by Industry
10.1.2.5 South Korea: Video Interviewing Software Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.5.1 South Korea: Video Interviewing Software Market, by Type
10.1.2.5.2 South Korea: Video Interviewing Software Market, by Enterprise Size
10.1.2.5.3 South Korea: Video Interviewing Software Market, by Industry
10.1.2.6 Rest of APAC: Video Interviewing Software Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.6.1 Rest of APAC: Video Interviewing Software Market, by Type
10.1.2.6.2 Rest of APAC: Video Interviewing Software Market, by Enterprise Size
10.1.2.6.3 Rest of APAC: Video Interviewing Software Market, by Industry
11. Industry Landscape
11.1 Market Initiative
11.2 Merger and Acquisition
11.3 New Development
12. Company Profiles
12.1 Jobvite, Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Modern Hire
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Spark Hire
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Breezy HR, Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Word Index
List of Tables
Table 1. APAC Video Interviewing Software Market -Revenue and Forecast to 2028 (US$ Million)
Table 2. APAC: Video Interviewing Software Market, by Key Country - Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia: Video Interviewing Software Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia: Video Interviewing Software Market, by Enterprise Size - Revenue and Forecast to 2028 (US$ Million)
Table 5. Australia: Video Interviewing Software Market, by Industry - Revenue and Forecast to 2028 (US$ Million)
Table 6. China: Video Interviewing Software Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 7. China: Video Interviewing Software Market, by Enterprise Size - Revenue and Forecast to 2028 (US$ Million)
Table 8. China: Video Interviewing Software Market, by Industry - Revenue and Forecast to 2028 (US$ Million)
Table 9. India: Video Interviewing Software Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 10. India: Video Interviewing Software Market, by Enterprise Size - Revenue and Forecast to 2028 (US$ Million)
Table 11. India: Video Interviewing Software Market, by Industry - Revenue and Forecast to 2028 (US$ Million)
Table 12. Japan: Video Interviewing Software Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 13. Japan: Video Interviewing Software Market, by Enterprise Size - Revenue and Forecast to 2028 (US$ Million)
Table 14. Japan: Video Interviewing Software Market, by Industry - Revenue and Forecast to 2028 (US$ Million)
Table 15. South Korea: Video Interviewing Software Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea: Video Interviewing Software Market, by Enterprise Size - Revenue and Forecast to 2028 (US$ Million)
Table 17. South Korea: Video Interviewing Software Market, by Industry - Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of APAC: Video Interviewing Software Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of APAC: Video Interviewing Software Market, by Enterprise Size - Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of APAC: Video Interviewing Software Market, by Industry - Revenue and Forecast to 2028 (US$ Million)
Table 21. APAC Video Interviewing Software Market: List of Abbreviation
List of Figures
Figure 1. APAC Video Interviewing Software Market Segmentation
Figure 2. APAC Video Interviewing Software Market Segmentation - By Country
Figure 3. APAC Video Interviewing Software Market Overview
Figure 4. Web-Based Segment Is Expected To Dominate The Market By Type
Figure 5. Large Enterprises Segment Is Expected To Dominate The Market By Enterprises Size
Figure 6. China Is Expected To Dominate The Market By Country
Figure 7. APAC: PEST Analysis
Figure 8. APAC Video Interviewing Software Market Ecosystem Analysis
Figure 9. APAC Video Interviewing Software Market Impact Analysis of Driver and Restraints
Figure 1. APAC Video Interviewing Software Market - Revenue and Forecast to 2028 (US$ Million)
Figure 1. APAC: Video Interviewing Software Market Revenue Share, By Type (2021 and 2028)
Figure 1. APAC Web-Based: Video Interviewing Software Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 1. APAC Mobile Apps: Video Interviewing Software Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 1. APAC: Video Interviewing Software Market Revenue Share, by Enterprise Size (2021 and 2028)
Figure 1. APAC SMEs: Video Interviewing Software Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 1. APAC Large Enterprise: Video Interviewing Software Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 1. APAC: Video Interviewing Software Market Revenue Share, by Industry (2021 and 2028)
Figure 1. APAC BFSI: Video Interviewing Software Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 1. APAC IT and Telecom: Video Interviewing Software Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 20. APAC Healthcare: Video Interviewing Software Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 21. APAC Manufacturing: Video Interviewing Software Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 22. APAC Others: Video Interviewing Software Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 23. APAC: Video Interviewing Software Market, by Key Country- Revenue (2021) (US$ Million)
Figure 24. APAC: Video Interviewing Software Market Revenue Share, by Key Country (2021 and 2028)
Figure 25. Australia: Video Interviewing Software Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. China: Video Interviewing Software Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. India: Video Interviewing Software Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Japan: Video Interviewing Software Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. South Korea: Video Interviewing Software Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Rest of APAC: Video Interviewing Software Market - Revenue and Forecast to 2028 (US$ Million)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Breezy HR, Inc.
  • Jobvite, Inc
  • Modern Hire
  • Spark Hire