South & Central America Video Interviewing Software Market Forecast to 2030

South & Central America Video Interviewing Software Market Forecast to 2030

South & Central America Video Interviewing Software Market Forecast to 2030 – Regional Analysis – by Type (Web-Based and Mobile Apps), Enterprise Size (Small and Medium Enterprises and Large Enterprises), and Industry (BFSI, IT & Telecom, Healthcare, Manufacturing, and Others)

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Description

The South & Central America video interviewing software market was valued at US$ 7.97 million in 2022 and is expected to reach US$ 20.26 million by 2030; it is estimated to register a CAGR of 12.4% from 2022 to 2030.

Introduction of Big Data Fuels South & Central America Video Interviewing Software Market

Big Data refers to data collected from huge groups. The Internet has made it easy for recruiters to collect huge volumes of information about employees from social networking sites, search engines, marketers, and other sources. Information gathered from big data can be used to create employee wellness programs, improve their healthcare policies, and enhance internal promotion programs. According to the American Statistical Association (ASA), 53% of HR departments use big data analytics to make strategic decisions about recruitment and selection processes and talent and performance management. Big Data offers combined information that rules out implicit and explicit bias and unfairness from employment judgments, thereby helping employers make better decisions regarding recruitment, appraisal, and performance evaluations. Big Data, when paired with existing solutions such as CRM databases and job application portals, can strengthen the ability to recognize cross-border talent. Thus, the integration of Big Data analytics would bring opportunities for the video interviewing software market as it can be one of the significant techniques to improve employers’ decision-making.

South & Central America Video Interviewing Software Market Overview

South & Central America video interviewing software market is segmented into Brazil, Chile, Argentina, Peru, and Colombia. These countries have been experiencing decent growth in industrialization in recent years, with the expansion of footprints by multinational companies within their territories. Corporate, manufacturing and IT have been the major industries contributing to the market growth in South & Central America. Several companies in the region, from the private and public sectors, are shifting toward digital transformation and adopting advanced technologies to enhance their operations and stay competitive in the global economic market. The growing number of large enterprises and SME manufacturing facilities is also driving the video interviewing software market in South & Central America.

South & Central America Video Interviewing Software Market Revenue and Forecast to 2030 (US$ Million)

South & Central America Video Interviewing Software Market Segmentation

The South & Central America video interviewing software market is segmented based on type, enterprise size, industry, and country. Based on type, the South & Central America video interviewing software market is bifurcated into web-based and mobile apps. The web-based segment held a larger market share in 2022.

In terms of enterprise size, the South & Central America video interviewing software market is bifurcated into small and medium enterprises and large enterprises. The large enterprises segment held a larger market share in 2022.

By industry, the South & Central America video interviewing software market is segmented into BFSI, IT & telecom, healthcare, manufacturing, and others. The IT & telecom segment held the largest market share in 2022.

Based on country, the South & Central America video interviewing software market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America video interviewing software market share in 2022.

Mercer LLC, Interviewer.AI, Aon plc., Avature, and Zoho are some of the leading players operating in the South & Central America video interviewing software market.

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At 12.4% CAGR, South & Central America Video Interviewing Software Market is Speculated to be worth US$ 20.26 million by 2030, says the Research Team

According to the Research Team’ research, the South & Central America video interviewing software market was valued at US$ 7.97 million in 2022 and is expected to reach US$ 20.26 million by 2030, registering a CAGR of 12.4% from 2022 to 2030. Changing roles of recruiters and rising number of job applicants raising demand for time-efficient selection systems are among the critical factors attributed to the South & Central America video interviewing software market expansion.

Position of recruiter is changing rapidly in the business world, with an extending list of responsibilities. The use of video interviewing software is making recruiting 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 are integrated to provide efficient output such as analytics graph, which can easily analyze 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 choose a video interview tool that can be integrated with their ATS. It allows 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 interview video to the systems that are in use to track candidates. 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.

On the contrary, issues with internet connectivity and potential frauds hurdles the growth of South & Central America video interviewing software market.

Based on type, the South & Central America video interviewing software market is bifurcated into web-based and mobile apps. The web-based segment held 84.5% share of South & Central America video interviewing software market in 2022, amassing US$ 6.73 million. It is projected to garner US$ 16.58 million by 2030 to expand at 11.9% CAGR during 2022-2030.

In terms of enterprise size, the South & Central America video interviewing software market is bifurcated into small and medium enterprises and large enterprises. The large enterprises segment held 82.2% share of South & Central America video interviewing software market in 2022, amassing US$ 6.55 million. It is projected to garner US$ 15.93 million by 2030 to expand at 11.8% CAGR during 2022-2030.

By industry, the South & Central America video interviewing software market is segmented into BFSI, IT & telecom, healthcare, manufacturing, and others. The IT & telecom segment held 39.7% share of South & Central America video interviewing software market in 2022, amassing US$ 3.16 million. It is projected to garner US$ 8.77 million by 2030 to expand at 13.6% CAGR during 2022-2030.

Based on country, the South & Central America video interviewing software market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 75.7% share of South & Central America video interviewing software market in 2022. It was assessed at US$ 6.03 million in 2022 and is likely to hit US$ 15.87 million by 2030, exhibiting a CAGR of 12.9% during 2022-2030.

Key players operating in the South & Central America video interviewing software market are Mercer LLC, Interviewer.AI, Aon plc., Avature, and Zoho, among others.

In July 2020, Avature Released Video Solution for Recruiting and Talent Management.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America video interviewing software market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the South & Central America video interviewing software market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the South & Central America video interviewing software market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

TABLE OF CONTENTS

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Video Interviewing Software Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
5. South & Central America Video Interviewing Software Market – Key Industry Dynamics
5.1 South & Central America Video Interviewing Software Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Growing Preference for Video Interviews in Recruitment Process
5.2.2 High Demand for Video Interviewing Software Due to COVID-19 Pandemic
5.2.3 Rising Number of Job Applicants Raising Demand for Time-Efficient Selection Systems
5.3 Market Restraints
5.3.1 Issues with Internet Connectivity and Potential Frauds
5.3.2 Availability of Open-Source Video Interviewing Solutions
5.4 Market Opportunities
5.4.1 Introduction of Big Data
5.5 Future Trends
5.5.1 Changing Roles of Recruiters
5.6 Impact of Drivers and Restraints:
6. Video Interviewing Software Market – South & Central America Market Analysis
6.1 Video Interviewing Software Market Revenue (US$ Million), 2022 – 2030
6.2 Video Interviewing Software Market Forecast and Analysis
7. South & Central America Video Interviewing Software Market Analysis – Type
7.1 Web-Based
7.1.1 Overview
7.1.2 Web-Based Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Mobile Apps
7.2.1 Overview
7.2.2 Mobile Apps Market, Revenue and Forecast to 2030 (US$ Million)
8. South & Central America Video Interviewing Software Market Analysis – Enterprise Size
8.1 Small and Medium Enterprises
8.1.1 Overview
8.1.2 Small and Medium Enterprises Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Large Enterprises
8.2.1 Overview
8.2.2 Large Enterprises Market, Revenue and Forecast to 2030 (US$ Million)
9. South & Central America Video Interviewing Software Market Analysis – Industry
9.1 BFSI
9.1.1 Overview
9.1.2 BFSI Market Revenue, and Forecast to 2030 (US$ Million)
9.2 IT and Telecom
9.2.1 Overview
9.2.2 IT and Telecom Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Healthcare
9.3.1 Overview
9.3.2 Healthcare Market Revenue, and Forecast to 2030 (US$ Million)
9.4 Manufacturing
9.4.1 Overview
9.4.2 Manufacturing Market Revenue, and Forecast to 2030 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
10. South & Central America Video Interviewing Software Market – Country Analysis
10.1 South & Central America
10.1.1 South & Central America Video Interviewing Software Market Overview
10.1.2 South America Video Interviewing Software Market Revenue and Forecasts and Analysis – By Country
10.1.2.1 South America Video Interviewing Software Market Revenue and Forecasts and Analysis – By Country
10.1.2.2 Brazil Video Interviewing Software Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 Brazil Video Interviewing Software Market Breakdown by Type
10.1.2.2.2 Brazil Video Interviewing Software Market Breakdown by Enterprise Size
10.1.2.2.3 Brazil Video Interviewing Software Market Breakdown by Industry
10.1.2.3 Argentina Video Interviewing Software Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 Argentina Video Interviewing Software Market Breakdown by Type
10.1.2.3.2 Argentina Video Interviewing Software Market Breakdown by Enterprise Size
10.1.2.3.3 Argentina Video Interviewing Software Market Breakdown by Industry
10.1.2.4 Rest of South America Video Interviewing Software Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.4.1 Rest of South America Video Interviewing Software Market Breakdown by Type
10.1.2.4.2 Rest of South America Video Interviewing Software Market Breakdown by Enterprise Size
10.1.2.4.3 Rest of South America Video Interviewing Software Market Breakdown by Industry
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 Mercer LLC
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Interviewer.AI Pte Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Aon Plc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Avature Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Zoho Corp Pvt Ltd
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
14. Appendix
14.1 About the Research Team
14.2 Word Index

LIST OF TABLES

Table 1. South & Central America Video Interviewing Software Market Segmentation
Table 2. South & Central America Video Interviewing Software Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. South America Video Interviewing Software Market Revenue and Forecasts to 2030 (US$ Mn) – By Country
Table 4. Brazil Video Interviewing Software Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 5. Brazil Video Interviewing Software Market Revenue and Forecasts to 2030 (US$ Mn) – By Enterprise Size
Table 6. Brazil Video Interviewing Software Market Revenue and Forecasts to 2030 (US$ Mn) – By Industry
Table 7. Argentina Video Interviewing Software Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 8. Argentina Video Interviewing Software Market Revenue and Forecasts to 2030 (US$ Mn) – By Enterprise Size
Table 9. Argentina Video Interviewing Software Market Revenue and Forecasts to 2030 (US$ Mn) – By Industry
Table 10. Rest of South America Video Interviewing Software Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 11. Rest of South America Video Interviewing Software Market Revenue and Forecasts to 2030 (US$ Mn) – By Enterprise Size
Table 12. Rest of South America Video Interviewing Software Market Revenue and Forecasts to 2030 (US$ Mn) – By Industry
Table 13. Heat Map Analysis By Key Players
Table 14. List of Abbreviation
Figure 1. South & Central America Video Interviewing Software Market Segmentation, By Country
Figure 2. Ecosystem: South & Central America Video Interviewing Software Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. South & Central America Video Interviewing Software Market Revenue (US$ Million), 2022 – 2030
Figure 5. South & Central America Video Interviewing Software Market Share (%) – Type, 2022 and 2030
Figure 6. Web-Based Market Revenue and Forecasts To 2030 (US$ Million)
Figure 7. Mobile Apps Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. South & Central America Video Interviewing Software Market Share (%) – Type, 2022 and 2030
Figure 9. Small and Medium Enterprises Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Large Enterprises Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. South & Central America Video Interviewing Software Market Share (%) – Industry, 2022 and 2030
Figure 12. BFSI Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. IT and Telecom Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Healthcare Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Manufacturing Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. South & Central America Video Interviewing Software Market, by Key Countries – Revenue (2022) (US$ Million)
Figure 18. Video Interviewing Software Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 19. Brazil Video Interviewing Software Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 20. Argentina Video Interviewing Software Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 21. Rest of South America Video Interviewing Software Market Revenue and Forecasts to 2030 (US$ Mn)

LIST OF FIGURES

Figure 1. South & Central America Video Interviewing Software Market Segmentation, By Country
Figure 2. Ecosystem: South & Central America Video Interviewing Software Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. South & Central America Video Interviewing Software Market Revenue (US$ Million), 2022 – 2030
Figure 5. South & Central America Video Interviewing Software Market Share (%) – Type, 2022 and 2030
Figure 6. Web-Based Market Revenue and Forecasts To 2030 (US$ Million)
Figure 7. Mobile Apps Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. South & Central America Video Interviewing Software Market Share (%) – Type, 2022 and 2030
Figure 9. Small and Medium Enterprises Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Large Enterprises Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. South & Central America Video Interviewing Software Market Share (%) – Industry, 2022 and 2030
Figure 12. BFSI Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. IT and Telecom Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Healthcare Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Manufacturing Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. South & Central America Video Interviewing Software Market, by Key Countries – Revenue (2022) (US$ Million)
Figure 18. Video Interviewing Software Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 19. Brazil Video Interviewing Software Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 20. Argentina Video Interviewing Software Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 21. Rest of South America Video Interviewing Software Market Revenue and Forecasts to 2030 (US$ Mn)

The List of Companies – South & Central America Video Interviewing Software Market

1. Mercer LLC
2. Interviewer.AI
3. Aon plc.
4. Avature
5. Zoho

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