Global Applicant Tracking System (ATS) Market Analysis, Growth Factors, Market shares Forecast by 2023

Global Applicant Tracking System (ATS) market from the in depth perspective of all the ongoing trends that are affecting the market and are important to be understood are studied. These trends are geographical, economic, socioeconomic, political, cultural, political, and many other are studied. The overall effect on the consumer preferences will have a major say on the market working in the years to come. The dynamics which affect the Applicant Tracking System (ATS) market have been studied meticulously.
Compressive outline of Applicant Tracking System (ATS) market depending on key factors and segmentations such as end users, applications, regions and products is elaborated. Estimated revenue and volume growth of Applicant Tracking System (ATS) market over the mentioned forecast period of 2017 to 2025 is also explained in detail. Former and current state of shares of the major key regions are mentioned such that the idea of the best investment region can be drawn out

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Global Applicant Tracking System (ATS) In Higher Education 2017-2021

About Applicant Tracking System (ATS) In Higher Education

ATS are applications that manage recruitment process of an organization. They collect resumes in database and give recruiters an automated process of hiring from sourcing to hiring activities. They filter applications automatically based on given criteria such as keywords, skills, former employers, years of experience, and schools attended. This has caused many candidates to adapt resume optimization techniques, similar to those used in search engine optimization when creating and formatting their resume.

Technavio’s analysts forecast the global applicant tracking system in higher education to grow at a CAGR of 3% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global applicant tracking system in higher education for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
APAC, Europe, North America, ROW
Technavio's report, Global Applicant Tracking System in Higher Education 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Hirezon, PeopleAdmin, Greenhouse, Applicant Stack ,Automatic Payroll Systems, Other prominent vendors, sure Software,Bullhorn,ClearCompany,CloudERP4,Kronos,Market driver

What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

Technavio recognizes the following companies as
The key players in the global applicant tracking system in higher education:
Horizon, PeopleAdmin, Greenhouse, ApplicantStack, and Automatic Payroll Systems.
Other Prominent Vendors in the market are: Asure Software, Bullhorn, ClearCompany, CloudERP4, and Kronos.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is ATS and background-checking software integration. ATS and background check integrations solve many challenges associated with the screening of global talent. There is an increased need for background checking software, as candidates applying for the role of the staff and the students looking forward to enroll into higher education institutions have complex backgrounds.”
According to the report, one driver in the market is efficient hiring process. The traditional method of hiring and enrolling processes has resulted in many difficulties among colleges and universities. The manual process of hiring takes extended time to fill positions, which is expensive in terms of revenue generation, and there is a large possibility of omitting best candidates and students. These processes are time-consuming and exhibit an inability to measure productivity in terms of profitability and efficient onboarding.
Further, the report states that one challenge in the market is emergence of open source ATS. Open source ATS software are available on the internet for free. They are the biggest challenges to vendors that provide ATS services. This enable institutions to work efficiently without any vendor lock-ins and at a minimum hardware and software costs. Open source software enables colleges and universities to integrate ATS solution with other software such as onboarding, resume parsing, and a background checks software.

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Trusted current state analysis tools, such as Porter’s five forces analysis and SWOT analysis are employed in the report to assess the Applicant Tracking System (ATS) market data to deploy a complete overview of the market. Furthermore, this report gives a complete review of the magnitude and application scope of the Applicant Tracking System (ATS) market around the world.
The expenditure in the regional segment is expected to be dominated by Asia Pacific, followed by North America and Europe during the forecast period. Despite the economic crisis in Europe, the Europe’s share of the global market is projected to increase during the estimated period, albeit marginally due to the scheduled deployment of various modernization programs initiated in previous years. North America is also expected to account for a significant portion of the total military Applicant Tracking System (ATS) Market during the forecast period.
The competitive landscape of the global Applicant Tracking System (ATS) market is described in terms of the players and their statistics. For each key player, the report reveals production rates, costing, overall pricing, revenue generation, and market share within the global market.

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