Applicant Tracking System Market Share, Growth, Competitive Insights, And Industry Report 2027

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Applicant Tracking System Market by Deployment Mode (Cloud and On-premises); Component (Services and Software); by Organization Size (Large Enterprises and SMEs); Industry Vertical (Manufacturing, Retail and Consumer Goods, IT And Telecommunications, BFSI, Healthcare and Life Sciences, Government and Public Sector and Others) and by Region: Global Industry Trends, Dynamics, Competitive Insights and Forecast Analysis, 2020 – 2027

Applicant Tracking System Market Size
Applicant Tracking System Market is estimated to grow from USD 1.29 Billion in 2019 to reach USD 2.58 Billion by 2027, at a CAGR of 9.1% during the forecast period from 2020-2027.

Growing necessity to automate recruitment processes, increasingly expanding talent pool across diverse geographies, evolving need for analytics matrices in recruitment process and emphasis to improve candidate experience is expected to drive the growth in the market for Applicant Tracking System in the mobile phones.

Market Overview
The market report covers a basic overview of the market from the industry perspective. This will help the reader to ...
... get a gist about different industry dimensions from a manufacturer’s view. The report divides the market into different sections and is comprised of market revenue (value) by segments.

The report provides market data from 2016 till 2027, wherein, 2016 to 2018 will be historic years, 2019 would be the base year and 2020 to 2027 will be forecast years. The report provides different statistics and figures and charts that will help analyze trends and global Applicant Tracking System

market share along with its growth rate in different regions and countries.
Key players across the globe are profiled in the report along with its company landscaping. Product portfolio for each company, recent developments and company strategies are covered along with the company financials.

Key Drivers, Restraints, Opportunities
What are the Key Drivers responsible for the growth of Applicant Tracking System Market ?
• Growing necessity to automate recruitment processes

• Increasingly expanding talent pool across diverse geographies

• Evolving need for analytics matrices in recruitment process

• Emphasis to improve candidate experience

What are the restraints for the Applicant Tracking System Market growth?

• Lack of awareness about benefits of using application tracking system

• Dearth of technical expertise for using advanced ATS

What are the Opportunities in Applicant Tracking System Market ?

• Growing demand for mobile recruitment

• Simplification of application tracking process by collaborating with social media platforms

Applicant Tracking System Companies
Here are the 14 best Application Tracking System companies analysis
1. IBM
2. Cornerstone
3. Oracle
4. ADP
5. SAP
6. iCIMS
7.PeopleFluent
8. Jobvite
9. Paycor
10. SilkRoad Technology
11. Workday
12. Greenhouse Software
13. JazzHR
14. Ultimate Software

Segmentation Analysis
The report describes in detail the Applicant Tracking System market segmentation by dividing the market based on its deployment mode, component, organization size, industry vertical and region and is analyzed from 2016 to 2027 by value and volume. All the segments are evaluated by taking into consideration the historic and future trends. All the segments with the dominating & fastest growing sub-segments and the factors responsible for the same are studied and are mentioned in the report.

Evident quantitative as well as qualitative insights about the segments are covered in the report along with forecast analysis of all the segments that expected to alter the market in the future are described in detail. The segmental analysis also highlights details about different aspects that will influence the market.

Based on the deployment mode, the global market is segmented into cloud and on-premises. Based on the component, the market is categorized into services and software. Based on organization size market is segmented into large enterprises and SMEs. Based on the industry vertical, the market is segmented into manufacturing, retail and consumer goods, IT and telecommunications, BFSI, healthcare and life sciences, government and public sector and others. Trend analysis for all the segments is provided in detail in the report.

Regional Analysis
North America held largest revenue share of the global applicant tracking system market in 2019. This large share is attributed to presence of major IT and telecommunication service providers, matured market place in terms of technology adoption, highly competitive recruitment market and strong economy to attract competent and skilled personnel.

Europe was second leading regional market. Continuous investments to bring new and advanced technologies and swift adoption of technologically advanced solutions to comply with regulatory requirements are factors attributing to the market growth in this region.

Asia Pacific region is projected to be rapidly growing regional market for applicant tracking system due to increasing talent pool from emerging markets like China and India. Moderate growth is predicted in Latin America and Middle East and Africa region over the forecast period.

Applicant Tracking System Market Segmentation
By Deployment Mode
• On-premises
• Cloud

By Component
• Services
• Software

By Organization Size
• Large Enterprises
• SMEs

By Industry Vertical
• Manufacturing
• Retail and Consumer Goods
• IT And Telecommunications
• BFSI
• Healthcare and Life Sciences
• Government and Public Sector
• Others

By Region
North America
Latin America
Europe
Asia-Pacific
Middle-East & Africa

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