The Global Applicant Tracking System Market Size Was Valued At USD 2.14 Billion In 2021 And Is Expected To Expand At A Compound Annual Growth Rate (CAGR) Of 6.2% From 2023 To 2030.
Market Overview
The research firm Contrive Datum Insights has just recently added to its database a report with the heading global Applicant Tracking System (ATS) Market .Both primary and secondary research methodologies have been utilised in order to conduct an analysis of the worldwide Applicant Tracking System (ATS) Market . In order to provide a comprehensive comprehension of the topic at hand, it has been summed up using appropriate and accurate market insights. According to Contrive Datum Insights, this worldwide comprehensive report is broken up into several categories in order to present the data in a way that is understandable, succinct, and presented in a professional manner. An organization’s job listings, resumes, applicants, and clients are organized and tracked using an applicant tracking system (ATS), which is talent management software. By doing a preliminary analysis and eliminating qualified individuals, the data in the software database streamlines the hiring process. Via the ATS, managers may also set up interviews, issue rejection emails, and manage necessary documentation electronically. It attempts to lighten the load on recruiters and offer a central location for candidate information. By reducing the amount of time spent on administrative chores, accelerating resume screening, and simplifying collaborative hiring, ATS also contributes to enhancing the candidate experience overall. One of the main factors propelling the market’s expansion is the growing acceptance of mobile-based recruitment methods combined with cloud-based platforms. Software-as-a-Service (SaaS) is being increasingly adopted by businesses to automate the employment and recruiting process. By increasing the effectiveness and productivity of the staff, you may manage the hiring process for the suitable individuals.
Click Here For A Free Sample PDF Copy Of The Applicant Tracking System (ATS) Market Latest Research Before Purchase:
https://www.contrivedatuminsights.com/product-report/applicant-tracking-system-ats-market-12211
Segment Analysis
It encompasses the most important key players in the world’s various regions and contains them. In this research report, several different techniques that high-level industries have utilised to achieve their goals are discussed. In order to obtain a more in-depth analysis of a number of different businesses, player profiles of the most important top players have been developed. It is beneficial to have an understanding of the worldwide competition on both the domestic and international platforms.
It provides a detailed description of the drivers and opportunities in the Applicant Tracking System (ATS) Market , which assists current customers and potential customers in gaining a clear vision and making decisions that are most effective for them. In order to discover the desired facts regarding the target market, various types of analysis models, such as Applicant Tracking System (ATS) Market , are utilised. In addition to this, it includes a variety of different techniques for strategic planning, which encourages the way to define and develop the framework of the various industries. The primary segments used to divide the worldwide market are region, organization size, industry verticals, deployment model, component, and deployment model. As a result of the growing demand for applicant tracking systems to centralize, automate, standardize, organize, and generate reports on the hiring and recruiting process of the company, the software segment is anticipated to dominate the global applicant tracking structure market throughout the forecast period. Because on-premise applicant tracking systems provide better server maintenance, the on-premise segment is anticipated to provide the majority of revenue throughout the projected time. Also, the on-premise deployment strategy is favored by most major businesses because it requires a considerable investment to adopt. Throughout the forecast period, the SMEs segment is anticipated to see the highest CAGR. This is due to the necessity for small and medium-sized firms to save recruiters’ time by excluding untrained and inappropriate candidates.
Based on types, the Applicant Tracking System (ATS) Market is segmented into:
- On- premise
- On-cloud
By Organization Size:
- Small and Medium-sized Enterprises
- Large Enterprises
By Component:
- Software
- Services
Based on application, the Applicant Tracking System (ATS) Market is segmented into:
- BFSI
- IT and Telecommunications
- Government and Public Sector
- Retail
- Manufacturing
- Healthcare and Life Sciences
- Others
Buy this Premium Research Report@
https://www.contrivedatuminsights.com/buy/12211
Recent Development
To cut down on the time and expense of reference resolution for the company’s clients, iCIMS announced the acquisition of SkillSurvey in October 2022.
Cornerstone bought EdCast, a learning experience platform, and in September 2022 it announced EdCast’s progression. Cross-platform integrations, logical dashboards and insights, and new technological capabilities are some of these improvements.
The launch of a hybrid cloud solution by Telefonica Tech and IBM in June 2021 established an open hybrid cloud approach and used it to speed up business innovation in response to changing client needs. Accepted.
Regional Analysis
Geographically, North America is the area that contributes the most revenue to the global applicant tracking system market since it is home to the majority of the world’s major organizations. Also, the industry is growing due to the increased use of mobile phones in the hiring process. For instance, TalentBoard estimates that 36% of job applicants in North America will submit their applications via a mobile device in 2020.
In addition, Asia Pacific is predicted to see the applicant tracking system industry’s highest rate of market expansion. Due to the rapid population expansion in this area, numerous applications are received for each open position. In this instance, hiring procedures are being actively automated by recruiters from various sectors in the area. For instance, over 1,000 companies in the construction, healthcare, manufacturing, retail, and professional services sectors trust the Unit4 Prosoft ATS solution, which caters to customers throughout Asia.
Regional Applicant Tracking System (ATS) Market coverage (Regional Status, Demand Forecast, Country Trends, etc.):
-
- North America, Europe, China, Japan, Southeast Asia, India.
- North America (USA, Canada, and Mexico).
- Europe (Germany, France, UK, Russia and, Italy).
- Asia-Pacific (China, Japan, Korea, India and, Southeast Asia).
Key segments covered in Applicant Tracking System (ATS) Market include:
-
- Applicant Tracking System (ATS) Market Growth Drivers and Barriers.
- Market Trends, Market Opportunities, Porter’s Five Forces Analysis.
- Market Overview, Industry Development, Market Maturity, Value Chain Analysis.
- Regional and Country Level Analysis.
- Trends and Forecasts for Market Segments.
- Market Analysis and Various Recommendations.
- Key market forces.
Report Customization: This report will be customized to your needs for additional data up to 5 companies or 5 countries or nearly 40 analyst hours.
https://www.contrivedatuminsights.com/request-sample/12211
Key Market Participants in the Applicant Tracking System (ATS) Market :
Oracle(US), IBM (US), iCMIS (US), PeopleFluent (US), Cornerstone (US), Workday (US), Bullhorn (US), Ultimate Software (US), ADP (US), SAP (Germany), Jobvite (US), Silkroad Technology (US), Paycor (US),
Recent Development
To cut down on the time and expense of reference resolution for the company’s clients, iCIMS announced the acquisition of SkillSurvey in October 2022.
Cornerstone bought EdCast, a learning experience platform, and in September 2022 it announced EdCast’s progression. Cross-platform integrations, logical dashboards and insights, and new technological capabilities are some of these improvements.
The launch of a hybrid cloud solution by Telefonica Tech and IBM in June 2021 established an open hybrid cloud approach and used it to speed up business innovation in response to changing client needs. Accepted.
ABOUT US
Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials at various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives, and IT professionals to undertake statistics-based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100 analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country-level expertise.
CONTACT US
Anna B. (Head Of sales) | Contrive Datum Insights
Contact No- IND: +91 9834816757 / CANADA: +1 (215) 297 4078
Email Id : anna@contrivedatuminsights.com