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Applicant Tracking Systems Market 2018-2023 Global Key Leaders: Cornerstone OnDemand Inc., ExactHire, IBM Corporation, Jobvite Inc., Lumesse Limited, Paycor

12-04-2018 10:43 AM CET | IT, New Media & Software

Press release from: Market Research Future -mrfr

Applicant Tracking Systems Market 2018-2023 Global Key

Global Applicant Tracking Systems Market Research Report – By Services (Managed Services), Deployment (On-Cloud, On-Premises), Organization Size (Smes, Large Enterprises), Industries (Government, IT & Telecommunication) - Forecast Till 2023

Market Scenario
Companies such as International Business Machines Corporation (U.S.), SAP SuccessFactors Corp. (U.S.), iCIMS Inc. (U.S.), ADP LLC (U.S.) Taleo Corp. (U.S.), Jobvite (U.S.), are the leading providers of applicant tracking systems solution in the global market. The factors driving the applicant tracking systems market growth include the increasing adoption of cloud-based applicant tracking software which is used for tracking the employees in the organizations. On Mar 2018, MyJobo went into partnership with Broadbean Technology (a subsidiary of CareerBuilder). With this partnership, the company is integrating software with applicant tracking systems and human resources information systems. With the applicant tracking systems, these companies are posting online job application over the internet.
The software-as-a-service is integrated into the system is widely used across companies for hiring candidates. The applicant tracking systems automate recruiting and staffing operations of any organization. It is also known as a talent management system. The on-cloud deployment segment was leading in the applicant tracking systems market in 2016 with a market share of more than 60%. It improves staffing efficiencies and productivity and thereby, manage the hiring process of the right candidates.

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Segmentation
The global applicant tracking systems market is segmented into services, deployment, organization size, industries, and region. The services segment is further sub-segmented as managed services and professional service. The deployment is sub-segmented into on-cloud, on-premises. The organization size segment is sub-segmented into SMEs and large enterprises. The industries segment is sub-segmented into government, IT & telecommunication, manufacturing, and others. The market is spanned across regions including North America, Europe, Asia Pacific, and Rest of the World.
The global Applicant Tracking Systems Market is expected to grow at a CAGR of ~10% during the forecast period 2018-2023.

Key Players
Some of the prominent players in the global applicant tracking systems market are
• Oracle Corporation (U.S.)
• BambooHR (U.S.)
• Cornerstone OnDemand Inc. (U.S.)
• ExactHire (U.S.)
• IBM Corporation (U.S.)
• Jobvite Inc. (U.S.)
• Lumesse Limited (England)
• Paycor (U.S. )
• SAP (SuccessFactors) (Germany)

Regional Analysis
The regional analysis of applicant tracking systems market is studied for regions such as Asia Pacific, North America, Europe, and Rest of the World. North America is the leading region across the world in terms of market share. The applicant tracking systems market in this region has a huge demand due to the increasing adoption of artificial intelligence, which is propelling the market growth to a large extent. The market for optical sorters in Europe is expected to witness rapid growth due to advancement in technology in applicant tracking systems which improves staffing operations, increase recruiter productivity, and others. Whereas, Asia Pacific countries, such as China, Japan, and India, are the emerging markets for applicant tracking systems, and they are expected to grow with the highest CAGR in the coming years.

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Industries News:
On Mar 05, 2018: US PE firm has acquired HR Tech platform Recruiterbox, an HR technology platform, to help to build a strategy that will include suite HR Technology products. With this products, the human resource managers can manage their hiring and hiring-related information.
On Mar 01, 2018: ATS OnDemand has gone into partnership with Corvirtus. With this partnership, the companies are permitting their clients to access their integrated assessments within applicant tracking systems. This system includes onboarding, talent network, candidate relationship management, and text messaging.

Intended Audience
• Applicant tracking systems companies
• Applicant tracking systems providers
• Computer graphics developers
• System integrators and third-party vendors
• Government bodies
• Technology investors
• Research institutes and organizations
• Market research and consulting firms
• End-users/enterprise-users

TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
Continued……

LIST OF TABLES
Table 1 Global Applicant Tracking Systems Market: By Region, 2017-2023
Table 2 North America Applicant Tracking Systems Market: By Country, 2017-2023
Table 3 Europe Applicant Tracking Systems Market: By Country, 2017-2023
Table 4 Asia Pacific Applicant Tracking Systems Market: By Country, 2017-2023
Table 5 The Middle East & Africa Applicant Tracking Systems Market: By Country, 2017-2023
Continued…….

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LIST OF FIGURES
FIGURE 1 Global Applicant Tracking Systems Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Applicant Tracking Systems Market
FIGURE 4 Value Chain Of Global Applicant Tracking Systems Market
FIGURE 5 Share Of Global Applicant Tracking Systems Market In 2017, By Country (In %)
Continued…….

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members

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Market Research Future
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Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

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