Kyloe report: AI voice assistants for recruitment

The fast moving world of AI voice assistants will transform recruitment operations through automated candidate screening and engagement. The Total Addressable Market could reach USD 40 billion by 2034, by taking 80% or recruiters and Talent Acquisition professionals out of the market. Technology adoption accelerates as 22% of Y Combinator's recent class builds voice agent solutions.

Performance metrics demonstrate clear value. Staffing agencies report 90% of AI-screened candidates advance to first-round interviews, compared to 45% through traditional methods. Investment validates market potential with voice AI start-ups raising $2.1 billion in 2024, an eightfold increase from 2023.

Recruitment agencies implementing voice AI achieve measurable results. Organisations report 35% reduction in time-to-hire and 42% improvement in quality-of-hire metrics. New platforms Jack & Jill AI, Alfa, and Alex.com deliver production-ready solutions for immediate deployment.