According to Cognitive Market Research, the global AI recruitment market size was USD 684.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 273.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 205.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 157.37 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 34.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 13.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031.
The BFSI category is the fastest growing segment of the AI recruitment industry
