Mock Interview Platforms Market - Introduction
Mock interview platforms refer to platforms that allow job seekers or candidates to prepare for the real interview. The platform boosts the confidence of job seekers for the real interview. In the current scenario, organizations are incorporating mock interview platforms in the talent recruiting department as it saves time of both employers and jobseekers, which results in selecting the right candidate for the right job. This platform complete the process of recruitment faster than traditional methods.
Mock interview platforms have a number of advantages. It allows the HR recruiter to interact with people from all over the world. Mock interview platforms also tend to reduce the expense and time spent on onsite interviews. In addition, rather than depending on the resume, the interviewer will directly connect with the candidate's based on the results generated from interview platforms.
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The rising trend of online recruitment is one of the major factors that drives the demand for mock interviewing platforms. For instance, as per a survey conducted by Cisco Systems Inc. in 2020, more than 25% of HR recruiters have adopted digitalized solutions for the recruitment process. The major benefit of mock interview platforms is that it allows HR to streamline the recruitment process more effectively compared to traditional methods of HR recruitment.
Increase in the number of job seekers and rising internet penetration are the major factors that provide growth opportunity to the mock interview platforms market. For instance, according to the ManpowerGroup in 2020, more than 69% of employers face difficulty in identifying the right candidates or employees for a job. The mock interview platform allows HR recruiters to find appropriate employees for the organization, thus saving time and cost of the organization.
However, lack of awareness and lack of technical expertise in developing economies is expected to hamper the mock interview platforms market
Impact of COVID-19 on the Global Mock Interview Platforms Market The global ICT industry is one of the most disrupted sectors during the pandemic situation. According to the WHO, in 2020, more than ~822,285 deaths have been reported across the world. Hence, most of the ICT sector has temporarily stopped working during the period of Covid-19. Organizations globally have adopted the work from home concept, resulting in a positive impact on the mock interview platforms market. The internet ecosystem has become increasingly important across the world. Rising internet penetration in various sectors such as education, energy, infrastructure, manufacturing, transportation and logistics, BFSI, retail, healthcare, and public sector, results in increasing demand for interview platforms as these platforms allow all the sectors to conduct interviews remotely. Key Players Operating in Global Mock Interview Platforms Market