Global Applicant Tracking System Market Overview:
The latest report by IMARC Group, titled “Applicant Tracking System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022- 2027” offers a comprehensive analysis of the industry, which comprises insights on the global applicant tracking system market analysis report. The report also includes competitor and regional analysis, and contemporary advancements in the global market.The global applicant tracking system market reached a value of US$ 2.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2027, exhibiting a CAGR of 7.73% during 2022-2027. An applicant tracking system (ATS) is software that is designed for selecting appropriate resumes, scheduling interviews, and tracking candidate information. It functions by swiftly processing applications and sorting through an extensive database using a combination of workflow software and database spreadsheets. In addition to this, it aids in digitally handling paperwork, scheduling interviews, sending rejection letters, and reducing the overall workload by eliminating human errors.
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Global Applicant Tracking System Market Trends and Drivers:
The global applicant tracking system market is primarily driven by the widespread integration of advanced technologies with ATS. In line with this, numerous key players are utilizing software-as-a-service (SaaS) to enhance the overall productivity of these systems, thereby creating a positive outlook for the market. Moreover, the rising need for process automation and enhanced data security and privacy is also providing an impetus to market growth.Some other factors contributing to the market growth include the penetration of cloud-based platforms and the widespread adoption of mobile-based recruitment systems.
Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic.
Global Applicant Tracking System Market 2022- 2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
ApplicantStack, ATS OnDemand, Clearcompany, Greenhouse Software, IBM, iCIMS, JazzHR, Jobvite, Oracle, SAP SE, SilkRoad Technology, SmartRecruiters, Tribepad, Ultimate Software, Zoho, etc.
The report has segmented the market on the basis on deployment, organization size, component, and end-user.
Breakup by Deployment:
- On-premises
- Cloud
Breakup by Organization Size:
- Small and Medium-sized Enterprises
- Large Enterprises
Breakup by Component:
- Software
- Services
Breakup by End-User:
- BFSI
- IT and Telecommunications
- Government and Public Sector
- Retail
- Manufacturing
- Healthcare and Life Sciences
- Other
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- The Middle East and Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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