Talent Marketplace Platforms Statistics 2024


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In the fast-paced and ever-evolving business landscape of 2024, understanding current trends in talent marketplace platforms is crucial. These platforms have revolutionized the way companies recruit and manage talent, offering profound insights into workforce dynamics. The data on these platforms reveal significant patterns and preferences that can help businesses navigate the increasingly competitive market. By delving into these statistics, we can unravel the intricacies of talent acquisition and retention, shedding light on what drives success in the modern economy.

Key stakeholders, including HR professionals, business leaders, and policymakers, will find the data on talent marketplace platforms invaluable. For HR teams, these statistics are essential for developing effective recruitment strategies and understanding labor market trends. Business leaders can leverage this data to make informed decisions on workforce planning and company growth. Policymakers can use these insights to shape regulations and initiatives that foster a thriving job market. The comprehensive analysis of these statistics provides a holistic view of the industry’s current state and future trajectory.

In an industry marked by rapid innovation and shifting paradigms, informed decision-making is paramount. The data from talent marketplace platforms serve as a beacon, guiding stakeholders towards strategic choices that enhance organizational resilience and drive sustainable growth. As we delve deeper into these statistics, readers will gain a nuanced understanding of the forces shaping the talent markets of tomorrow, empowering them to stay ahead in this dynamic field.

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Top Talent Marketplace Platforms Statistics 2024

☰ Use “CTRL+F” to quickly find Talent Marketplace Platforms facts. There are total 32 Talent Marketplace Platforms Statistics on this page 🙂


Talent Marketplaces And Internal Mobility

  • TechWolf raised $43 million to accelerate the corporate skills tech market [?].
  • Unilever’s talent marketplace, launched in 2019, helped them adapt during the 2020 pandemic by reallocating 4,000 employees, protecting jobs, and dispensing 300,000 hours of productivity [5].
  • A McKinsey survey revealed that 54% of employees who left a company due to feeling unhappy or unfulfilled later regretted their decision [3].
  • According to LinkedIn, employees who move into new jobs internally are 3.5 times more likely to be engaged with their work [18].

Digital Transformation And Adoption

  • The global market for digital adoption platforms was valued at USD 507.4 million in 2022 and is projected to reach USD 3,011.8 million by 2030, growing at a CAGR of 23.1% [8].
  • The COVID-19 pandemic accelerated digital transformation efforts, with 76% of businesses planning long-term IT changes [17].
  • Digital transformation initiatives often fall short, with 70% failing to meet their objectives due to lack of adoption by end-users [11].
  • Only 16% of employees believe their company’s digital reforms have enhanced productivity and are long-term sustainable [17].

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Skills Development And Learning

  • 59% of employers report not having enough skilled employees has a major or moderate impact on their business [2].
  • 80% of employers think their learning and development programs are at least moderately successful, but only 45% of employees with access to these programs are completely or very satisfied with them [2].
  • A study by Udemy showed that the upskilling demand grew by 38% in 2020 [10].
  • McKinsey found that companies with strong non-digital talent can cover up to 70% of their digital needs by upskilling current employees [9].

Workforce Trends And Statistics

  • In 2024, 44% of the workforce’s core skills are expected to change due to evolving job requirements [13].
  • The median activation rate for SaaS software is 17%, with the 90th percentile achieving 65% [4].
  • Nearly 1 in 5 employees believe their skill set is or will be redundant within the next one to two years [7].
  • 48% of tech sector employees feel pressure from their employers to come into the office more often, despite valuing flexibility [7].

Ai And Hr Technology

  • Generative AI has been adopted rapidly, with nearly 200 million users of ChatGPT since its launch on November 30, 2022 [13].
  • Microsoft’s Co-Pilot, integrating generative AI into Microsoft 365, is expected to significantly enhance worker productivity [13].
  • By 2024, 25% of CIOs at large enterprises will be accountable for digital business operational results, effectively acting as COOs by proxy [17].
  • 77% of companies are investing in AI to assist workers in improving consistency and quality [12].

Market Insights And Economic Impact

  • The market for talent as a service is expected to grow from USD 387.0 million in 2022 to USD 1,173.6 million by 2032, at a CAGR of 11.7% [6].
  • The digital health market is projected to exceed USD 500 billion by 2025 [12].
  • The global virtual and augmented reality in healthcare market is expected to reach USD 5.1 billion by 2025 [12].
  • In 2020, internet of things (IoT) spending in discrete manufacturing grew to USD 40 billion from USD 10 billion in 2015 [12].

Employee Engagement And Retention

  • 88% of business leaders believe acquiring and retaining employees is more important now than it was 18 months ago [3].
  • Companies with highly engaged employees are 23% more profitable and 18% more productive [14].
  • Strong onboarding programs can increase new hire retention by 82% and productivity by 70% [14].
  • A survey by SHRM found that 56% of companies do not have a formal succession plan in place [14].

Diversity, Equity, And Inclusion (dei)

  • 74% of business leaders stated that DEI is a central focus of their talent acquisition and retention strategies [14].
  • 79% of companies plan to buy technology that helps remove bias from the application and candidate screening processes [14].
  • According to a Gartner survey, 60% of HR managers cited leader and manager effectiveness as a top concern [16].
  • The EU Pay Transparency Directive, adopted in January 2023, will shift employers into implementation mode in 2024 [15].

Also Read

Sources

  1. joshbersin – https://joshbersin.com/2020/07/talent-marketplace-platforms-explode-into-view/
  2. forbes – https://www.forbes.com/sites/jackkelly/2022/03/02/the-lack-of-digital-tech-talent-is-an-existential-threat-to-business-growth-and-innovation/
  3. beamery – https://beamery.com/resources/blogs/what-is-a-talent-marketplace-and-why-do-you-need-one
  4. userpilot – https://userpilot.com/blog/software-adoption/
  5. aihr – https://www.aihr.com/blog/talent-marketplaces/
  6. futuremarketinsights – https://www.futuremarketinsights.com/reports/talent-as-a-service-market
  7. peoplescout – https://www.peoplescout.com/insights/what-tech-digital-talent-want/
  8. medium – https://medium.com/@eklavyakirtikar/digital-adoption-platform-market-key-findings-conclusions-and-recommendations-776094be9e92
  9. mckinsey – https://www.mckinsey.com/capabilities/mckinsey-digital/our-insights/digital-transformations-the-five-talent-factors-that-matter-most
  10. hrforecast – https://hrforecast.com/top-5-hr-trends/
  11. walkme – https://www.walkme.com/glossary/digital-adoption-platform/
  12. instride – https://www.instride.com/insights/digital-transformation-statistics/
  13. forbes – https://www.forbes.com/sites/jeannemeister/2024/01/04/the-top-ten-hr-trends-that-matter-most-in-2024/
  14. clearcompany – https://blog.clearcompany.com/talent-management-statistics-hr-needs-to-know
  15. cultureamp – https://www.cultureamp.com/blog/hr-trends-2024
  16. businessnewsdaily – https://www.businessnewsdaily.com/9383-future-of-hr.html
  17. digital-adoption – https://www.digital-adoption.com/digital-transformation-statistics/
  18. sap – https://www.sap.com/products/hcm/opportunity-marketplace/what-is-a-talent-marketplace.html

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