Worldwide Candidate Relationship Management Software Market Forecast, 2024-2029, $M
Worldwide Candidate Relationship Management Software Market Forecast, 2024-2029, $M

In 2024, the global Candidate Relationship Management software market grew to $1.4 billion, marking a 9.4% year-over-year increase. The top 10 vendors accounted for 65.1% of the total market. Microsoft led the pack with a 27.7% market share, followed by Bullhorn, Avature, and Phenom.

Through our forecast period, the Candidate Relationship Management applications market size is expected to reach $1.8 billion by 2029, compared with $1.4 billion in 2024 at a compound annual growth rate of 6.1%.

Top 10 Candidate Relationship Management Software Vendors in 2024 and their Market Shares

RankVendorCandidate Relationship Management Apps2022 Candidate Relationship Management Apps Revenues, $M2023 Candidate Relationship Management Apps Revenues, $M2024 Candidate Relationship Management Apps Revenues, $MYoY Growth2024 Candidate Relationship Management Market Share, %
1MicrosoftLinkedIn Talent Insights Subscribe Subscribe Subscribe16.8% Subscribe
2BullhornBullhorn Applicant Tracking System and CRM Customers Subscribe Subscribe Subscribe15.4% Subscribe
3AvatureAvature CRM Subscribe Subscribe Subscribe6.0% Subscribe
4PhenomPhenom Talent CRM Subscribe Subscribe Subscribe5.2% Subscribe
5Radancy (formerly TMP Worldwide)Radancy Talent Acquisition Cloud (ex. TalentBrew Recruitment) Subscribe Subscribe Subscribe3.2% Subscribe
6Symphony TalentSymphony Talent SmashFly Recruitment Marketing Platform Subscribe Subscribe Subscribe2.5% Subscribe
7iCIMSiCIMS Talent Cloud, iCIMS Text Engagement (formerly TextRecruit) Subscribe Subscribe Subscribe2.6% Subscribe
8Appcast, IncAppcast Xcelerate Subscribe Subscribe Subscribe11.5% Subscribe
9Employ Subscribe Subscribe Subscribe36.1% Subscribe
10BeameryBeamery Subscribe Subscribe Subscribe16.8% Subscribe
Subtotal Subscribe Subscribe Subscribe12.3% Subscribe
Other Subscribe Subscribe Subscribe4.4% Subscribe
Total1133124513639.4%100.0%

Source: Apps Run The World, July 2025

Other vendors included in the report are ADP, Agile-1, Avue Technologies, Avionte Staffing Software, AppVault, BambooHR, Beamery, Benify, Calabrio, CareerArc, Cegid, ClearCompany, Criterion HCM, Dayforce, Epicor, Espressive, Fourth Enterprises, Frontier Software, Greenhouse Software, Haufe, hireEZ, HITS Solutions, HireVue, Hireology, iCIMS, Infinite Computer Solutions, Jenzabar, Kahuna Workforce Solutions, Macorva, MBO Partners, milch & zucker, NEOGOV, Oleeo, Oracle, PageUp, Paylocity, PeoplesHR, PowerSchool Group, Quinyx, Randstad Sourceright, SAP, skeeled, TalentCircles, TalentMap, Vizient, WorkJam, Yello, Zellis (ex NGA Human Resources UK & Ireland), and others.

Vendor Snapshot: Candidate Relationship Management Market Leaders

ARTW Technographics Platform: Candidate Relationship Management customer wins

Since 2010, our research team has been studying the patterns of Candidate Relationship Management software purchases, analyzing customer behavior and vendor performance through continuous win/loss analysis. Updated quarterly, the ARTW Technographics Platform provides deep insights into thousands of Candidate Relationship Management customer wins and losses, helping users monitor competitive shifts, evaluate vendor momentum, and make informed go-to-market decisions.

List of Candidate Relationship Management customers  

CustomerIndustryEmpl.RevenueCountryProductCategory
AHS HospitalityProfessional Services5000$750MAustraliaBullhorn Applicant Tracking System and CRMApplicant Tracking System,Candidate Relationship Management
Aleph GroupProfessional Services1400$320MUnited Arab EmiratesLever ATSApplicant Tracking System
Allegiant TravelTransportation5991$2.5BUnited StatesLever ATSApplicant Tracking System
Amadeus FiReProfessional Services1537$441MGermanyLinkedIn Talent InsightsCandidate Relationship Management
American HeartNon Profit2900$1.3BUnited StatesiCIMS Talent CloudCandidate Relationship Management
AmTrust Financial ServicesInsurance9300$5.8BUnited StatesiCIMS Talent CloudCandidate Relationship Management
AppleOneProfessional Services2800$700MUnited StatesBullhorn Applicant Tracking System and CRMApplicant Tracking System,Candidate Relationship Management
Arthur J. Gallagher & Co. (AJG)Insurance51261$10.1BUnited StatesAppcast XcelerateCandidate Relationship Management
BlueTriton BrandsConsumer Packaged Goods7000$4.7BUnited StatesAppcast XcelerateCandidate Relationship Management
CBS NewsMedia3000$750MUnited StatesBeameryCandidate Relationship Management
Coles GroupRetail120000$26.1BAustraliaPhenom Talent CRMCandidate Relationship Management
Collabera PhilippinesProfessional Services16000$856MUnited StatesBullhorn Applicant Tracking System and CRMApplicant Tracking System,Candidate Relationship Management
CSAA Insurance Group, a AAA InsurerInsurance3500$2.8BUnited StatesPhenom Talent CRMCandidate Relationship Management
CVS HealthHealthcare219000$372.8BUnited StatesSymphony Talent SmashFly Recruitment Marketing PlatformCandidate Relationship Management
Danaher CorporationLife Sciences79000$31.5BUnited StatesLinkedIn Talent InsightsCandidate Relationship Management
Deltek Systems (Philippines)Professional Services1500$350MPhilippinesSymphony Talent SmashFly Recruitment Marketing PlatformCandidate Relationship Management
Direct Line GroupProfessional Services10000$4.0BUnited KingdomRadancy Talent Acquisition Cloud (ex. TalentBrew Recruitment)Candidate Relationship Management
EnvatoProfessional Services600$182MAustraliaLever ATSApplicant Tracking System
Expedia GroupProfessional Services17100$12.8BUnited StatesBeameryCandidate Relationship Management
First Citizens BankBanking and Financial Services15715$8.8BUnited StatesAppcast XcelerateCandidate Relationship Management
GeeksforgeeksEducation1590$161MIndiaLever ATSApplicant Tracking System
Greenspoon Marder LLPProfessional Services604$175MUnited StatesiCIMS Talent CloudCandidate Relationship Management
HaworthManufacturing8000$2.6BUnited StatesAppcast XcelerateCandidate Relationship Management
Heinz AustraliaConsumer Packaged Goods900$815MAustraliaAvature CRMCandidate Relationship Management
Holman EnterprisesAutomotive9000$3.5BUnited StatesPhenom Talent CRMCandidate Relationship Management
JacobsProfessional Services60000$16.4BUnited StatesSymphony Talent SmashFly Recruitment Marketing PlatformCandidate Relationship Management
MercadonaRetail104000$37.0BSpainAvature CRMCandidate Relationship Management
Miami HeatLeisure and Hospitality960$370MUnited StatesBeameryCandidate Relationship Management
MonadelphousConstruction and Real Estate6481$1.1BAustraliaAvature CRMCandidate Relationship Management
NorthStar AnesthesiaHealthcare2400$600MUnited StatesiCIMS Talent CloudCandidate Relationship Management
Oxford Global ResourcesProfessional Services850$700MUnited StatesBullhorn Applicant Tracking System and CRMApplicant Tracking System,Candidate Relationship Management
ParamountMedia21900$29.7BUnited StatesBeameryCandidate Relationship Management
ParexelInternationalLife Sciences20000$2.7BUnited StatesRadancy Talent Acquisition Cloud (ex. TalentBrew Recruitment)Candidate Relationship Management
Perimeter AviationTransportation500$100MCanadaLinkedIn Talent InsightsCandidate Relationship Management
RocheLife Sciences103249$78.5BSwitzerlandPhenom Talent CRMCandidate Relationship Management
Rocket CompaniesBanking and Financial Services14700$3.6BUnited StatesSymphony Talent SmashFly Recruitment Marketing PlatformCandidate Relationship Management
Sacramento KingsLeisure and Hospitality670$289MUnited StatesBeameryCandidate Relationship Management
Sanofi Aventis GermanyLife Sciences6000$3.5BGermanyRadancy Talent Acquisition Cloud (ex. TalentBrew Recruitment)Candidate Relationship Management
Sanofi-SynthelaboHealthcare16000$843MUnited StatesRadancy Talent Acquisition Cloud (ex. TalentBrew Recruitment)Candidate Relationship Management
SepamConstruction and Real Estate4000$700MIrelandBullhorn Applicant Tracking System and CRMApplicant Tracking System,Candidate Relationship Management
Sharp HealthCareHealthcare19000$4.5BUnited StatesRadancy Talent Acquisition Cloud (ex. TalentBrew Recruitment)Candidate Relationship Management
SiriusXMProfessional Services5680$9.0BUnited StatesiCIMS Talent CloudCandidate Relationship Management
Skoda AutoAutomotive34215$1.1BCzech RepublicAvature CRMCandidate Relationship Management
SSM HealthHealthcare40000$9.3BUnited StatesPhenom Talent CRMCandidate Relationship Management
Texas InstrumentsManufacturing34000$17.5BUnited StatesSymphony Talent SmashFly Recruitment Marketing PlatformCandidate Relationship Management
TotalEnergies UKOil, Gas and Chemicals1800$2.0BUnited KingdomAvature CRMCandidate Relationship Management
Welcome BreakLeisure and Hospitality5000$644MUnited KingdomAppcast XcelerateCandidate Relationship Management
YassirProfessional Services4000$300MUnited StatesLever ATSApplicant Tracking System

Source: ARTW Buyer Insights Technographic Database

Custom data cuts related to the Candidate Relationship Management Applications market are available:

  • Top 90+ Candidate Relationship Management Applications Vendors and Market Forecast 2024-2029
  • 2024 Candidate Relationship Management Applications Market By Vertical Market (21 Industry)
  • 2024 Candidate Relationship Management Applications Market By Country (USA + 45 countries)
  • 2024 Candidate Relationship Management Applications Market By Region (Americas, EMEA, APAC)
  • 2024 Candidate Relationship Management Applications Market By Revenue Type (License, Services, Hardware, Support and Maintenance, Cloud)
  • 2024 Candidate Relationship Management Applications Market By Customer Size (revenue, employee count, asset)
  • 2024 Candidate Relationship Management Applications Market By Channel (Direct vs Indirect)
  • 2024 Candidate Relationship Management Applications Market By Product

Through our forecast period, the HCM applications market is expected to reach $81.1 billion by 2029, compared with $58.7 billion in 2024 at a compound annual growth rate of 11.7%.

Through our forecast period, the Core HR and Talent Management applications market, which is comprised of nine subsegments, is expected to reach $48.6 billion by 2029, compared with $35.5 billion in 2024 expanding at a compound annual growth rate of 11.6%. For the Top 10 vendors in each of the nine subsegments, please check their own index page by following the link below.

Through our forecast period, the Talent Acquisition applications market, which is comprised of six subsegments, is expected to reach $20.3 billion by 2029, compared with $14.5 billion in 2024 expanding at a compound annual growth rate of 11.7%. For the Top 10 vendors in each of the six subsegments, please check their own index page by following the link below.

Through our forecast period, the Workforce Management applications market, which is comprised of six subsegments, is expected to reach $12.1 billion by 2029, compared with $8.7 billion in 2024 expanding at a compound annual growth rate of 12.1%. For the Top 10 vendors in each of the six subsegments, please check their own index page by following the link below.

Our HCM Top 500 research team also tracks Time Clock Hardware vendors separately by zeroing in on their embedded software as well as their extensive use of OEM and distribution partners.

Exhibit 3: Worldwide HCM Software Market 2024-2029 Forecast, $M

CategoryFunctional Market2024 Revenue, $M2029 Revenue, $MCAGR 2024 – 2029
Core HRCore HR and Personnel Management Subscribe Subscribe 5.8%
Payroll Subscribe Subscribe 5.7%
Benefits Administration Subscribe Subscribe 6.6%
Pension Administration Subscribe Subscribe 7.5%
Compliance Subscribe Subscribe 6.4%
Performance and Goal Management Subscribe Subscribe 8.5%
Learning and Development Subscribe Subscribe 7.1%
Succession and Leadership Planning Subscribe Subscribe 7.2%
Compensation Management Subscribe Subscribe 5.3%
Core HR Total Subscribe Subscribe 6.5%
Talent AcquisitionsContingent Labor Management Subscribe Subscribe 7.4%
Sourcing Subscribe Subscribe 6.2%
Onboarding Subscribe Subscribe 7.6%
Recruiting Subscribe Subscribe 6.9%
Candidate Relationship Management Subscribe Subscribe6.1%
Applicant Tracking Systems Subscribe Subscribe 7.6%
Talent Acquisitions Total Subscribe Subscribe 7%
Workforce ManagementAbsence and Leave Management  Subscribe Subscribe 7.2%
Workforce analytics Subscribe Subscribe 9.5%
Fatigue Management Subscribe Subscribe 6.4%
Workforce Scheduling Subscribe Subscribe 7.4%
Task Management Subscribe Subscribe 4.9%
Time and Attendance Subscribe Subscribe 5.2%
Workforce Total Subscribe Subscribe 6.8%
HCM Total Subscribe Subscribe6.7%

Source: Apps Run The World, July 2025

Exhibit 4 shows our projections for the HCM enterprise applications market by HCM sub-segment, based on the buying preferences and the customer propensity to invest in new software within those industries as they continue to upgrade and replace many legacy industry-specific applications that have been identified and tracked in our Buyer Insight Database.

Worldwide HCM Applications Market Forecast 2024-2029, By HR Segments, $M
Worldwide HCM Applications Market Forecast 2024-2029, By HR Segments, $M

Methodology

Similar to any of the hundreds of reports that we have published since 2010, HCM Top 500 is a labor of love. Since 2013, our team of researchers have been conducting rigorous research on thousands of HCM vendors, surveying them quarterly, reviewing their products at even shorter intervals because of the compressed Cloud release cycle, and discussing HR vision with their customers to better understand user needs as well as different paths to upgrade and replace their existing systems.

Each year we also attend many industry-wide and vendor-specific user conferences – HR Tech, Dreamforce, SAPPHIRENOW, Oracle Open World, just to name a few, to gauge what customers are looking for.

Throughout this process comes a rich database of more than 2,000 HCM vendors as well as over 50,000 HCM customers that have been touched one form or another through regular surveys, phone and in-person interviews, email exchanges, and social media interactions, etc.

On a proactively basis, we contact the vendors directly to tabulate their latest quarterly and annual revenues by HCM segment, vertical market, revenue type, region, country and customer size.

We supplement their written responses with our own primary research to determine quarterly and yearly growth rates in each of the 22 segments and 21 verticals, in addition to customer wins to ascertain whether these are net new purchases or expansions of existing implementations.

Another dimension of our quantitative research process is through continuous improvement of our customer database, which stores more than one million records on the enterprise software landscape of over 100,000 organizations around the world.

The database provides customer insight and contextual information on what types of HCM, enterprise software systems and other relevant technologies are they running and their propensity to invest further with their current or new suppliers as part of their overall HCM and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

The result is a combination of supply-side data and demand-generation customer insight that allows our clients to better position themselves in anticipation of the next wave that will reshape the HCM marketplace for years to come.

HCM Market Taxonomy

From hire to retire, HCM continuum extends across 22 markets, 21 verticals
From hire to retire, HCM continuum extends across 22 markets, 21 verticals

Definition of Human Capital Management (HCM) Applications

Core HR and Performance Management
Core HR and Performance ManagementDescription
Personnel and Organization ManagementCore human resource management system, personnel records, HR master file, accruals, organizational development, org chart visualization
PayrollPayroll processing, tax filing, language support, country-level updates, payslip calculations, automatic deductions and other government requirements for proper disbursement of employee compensation.
Benefits AdministrationBenefits and health administration. Plan and design benefits lifecycle, billing and payment. Carrier solutions are also included for integration purposes.
Pension AdministrationPension and retirement fund(401K) administration as well as software that helps manage profit sharing plan, defined benefit plan, or cash balance plan.
ComplianceCompliance, regulatory updates and reporting including such laws as Affordable Care Act, Overtime Regulations, Fair Labor Standards Act
Performance and Goal ManagementHR performance management applications are designed to automate the aggregation and delivery of information pertinent to the linking of job roles and the mission and goals of the organization. More specifically, the system allows users to automate the performance review process by using mechanisms such as training and key performance indicators to continuously track and monitor the progress of an individual employee, work team, and division. Some of the key features include: Assessment of individual career objectives and organizational skills gaps that impede performance and job advancement. Continuous reviews and establishing milestones. 360-degree evaluation and real-time feedback. Performance appraisal automation. Goal setting and tracking. Employee surveys. Alignment of human assets to corporate objectives. Fast tracks for top performers.
Learning and DevelopmentLearning management systems refer to applications that automate the administration, tracking, and reporting of training events. Other tools may include courseware and other delivery, management, tracking, or integrated solutions whose focus is on the learning environment, including learning content management systems. Career development tools include apps for coaching, mentoring, employee development planning, and diagnosing of development needs.
Succession and Leadership PlanningIdentify and address current and potential talent gaps to create succession management reporting. Develop and maintain a continuous supply of internal talent to fill critical job roles. Improve employee engagement through digital tools to advance career path development opportunities.
Compensation ManagementCompensation management applications are designed to automate the process of providing cash, noncash, variable and nonvariable compensation to employees through advanced modeling, reporting, and built-in interfacing to payroll processing systems. Other key features include seamlessly manage compensation budgets and allocation in a single, shared tool. Streamline pay recommendation workflows and approvals. Support multiple pay and incentive practices. Ensure budget compliance and adherence to compensation guidelines. Quota and territory management. Calculation and distribution of commissions, spiffs, royalties, incentives to employees, and channel and business partners. Compensation analysis using internal and external data for retention risk analysis. Linking salary, commission and incentives — cash and noncash — to business objectives. Payroll and payment engine interfaces. Account payables integration.
Talent Acquisition 
Talent AcquisitionDescription
Applicant TrackingApplicant tracking software automates such functions as management of resumes, applicant information, scoring, workflow, matching, search, interview scheduling, job descriptions, EEOC reporting, job postings and notifications
RecruitingRecruiting applications are designed to automate the recruitment process of salaried and hourly employees through screening and skills assessment, as well as automated selection processes to improve hiring pipeline by identifying talent inside or outside the organization. Other key features include: Manage skills inventories. Create and manage job requisitions. Coordinate team collaboration within hiring processes. Video Interviewing, team building and digital coaching.
Candidate Relationship ManagementApplications designed to attract and engage candidates and employees. Other tasks automate functions such as candidate relationship management apps, career site technology, social recruiting, employee referrals, branding, video engagement, campus recruiting and internal hiring
Contingent Labor ManagementProcessing of hiring of contingent labor, search, skills matching, assessment, interview scheduling, negotiation of rates, approvals, project milestone payments, project completion tracking, performance ratings
SourcingFacilitate resource planning for staffing firms as well as vendor managed system, allowing for front office integration for employment agencies as well as talent acquisition apps designed for staffing firms.
OnboardingApplications designed to deploy workers to appropriate jobs, projects, or teams for accelerated on-boarding.
Workforce Management
Workforce ManagementDescription
Absence and Leave ManagementAbsence management applications offer automated features to support employee leave management, employer authorized leave, Short-Term-Disability/Workers’ Comp coordination, federal and state compliance, customized leave correspondence, medical certification processing, insurance premium payment tracking as well as employee self-service capabilities. Leave Management supports compliance activities related to government regulations such as the Family and Medical Leave Act in the United States and other local leave laws in different countries.
Workforce analyticsWorkforce analytics are used to analyze compensation, benefits, and other employee variables. These applications can also be used to analyze and optimize labor allocation for particular projects.
Fatigue ManagementFatigue Management apps help automate key facets of fatigue risk mitigation, enforcing employee work-hour limits and aligning with fitness for duty best practices. Similar apps may act as electronic work diaries for real-time reporting and compliance with transportation laws.
Hardware (Time Clock)Time capture is the hardware platform that provides authentication features for clock-in and clock-out times, meal and rest breaks, as well as timesheet and payroll reporting and compliance.
SchedulingProducts are designed to Increase forecasting accuracy by factoring in a variety of methods and historical patterns. Create optimal schedules to meet customer demands, while reducing costs and maximizing resources
Task ManagementTask Management offers labor management capabilities such as task-based and project-based activity tracking as well as measurement and reporting functions against performance standards like engineered labor standards, team standards and reflective standards.
Time & AttendanceTime and Attendance applications are designed to automate employee time tracking in different locations, help reduce overtime expenses, improve payroll accuracy, eliminate pay errors and adjustments, along with the need to simplify and optimize administrative tasks and complex rate calculations by making available accurate and current labor data and full audit trail of payroll data.
Buyer Intent: Companies Reading this Research Report
ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively reading this research report. Gain ongoing access to real-time prospects and uncover hidden opportunities. Companies Actively accessing this research report include:
  1. Keio University, a Japan based Education organization with 7892 Employees
  2. University Of Saarland, a Germany based Education company with 375 Employees
  3. Consolidated Timber Holdings, a United Kingdom based Distribution organization with 40 Employees
LogoCompanyIndustryEmployeesRevenueCountryEvaluated