Applicant Tracking System Market to Reach US$ 1.81 Billion Growing at CAGR 8.3% to 2023

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The Applicant Tracking System Market size is expected to grow from US$ 1.21 Billion in 2018 to US$ 1.81 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 8.3% during the forecast period. Focus on enhancing candidate experience and an emerging need for analytics is major growth factors for the market.

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Top Key Players in the “Applicant Tracking System Market” include are
• Oracle (US)
• IBM (US)
• SAP (Germany)
• Cornerstone (US)
• ADP (US)
• iCIMS (US)
• Jobvite (US)
• PeopleFluent (US)
• SilkRoad Technology (US)
• Paycor (US)
• Greenhouse Software (US)
• Workday (US)
• Ultimate Software (US)
• JazzHR (US)
• ClearCompany (US)
• BambooHR (US)
• Racarie Software (US)
• Zoho (US)
• SmartRecruiters (US)
• Ascentis (US)
• Recruiterbox (US)
• Infor (US)
• Resume Ware (US)
• Tribe Pad (UK)
• ATS On Demand (US)

North America is expected to hold the largest market size during the forecast period, as organizations are shifting toward new and upgraded technologies with the increasing adoption of digital business strategies. Furthermore, organizations have invested in advanced technologies to gain a competitive advantage and improve business operations. APAC is expected to be the fastest-growing region in the global Applicant Tracking System market, owing to the positive economic outlook in the region, increased spending on Information Technology (IT) infrastructure, and the tendency of Applicant Tracking System to drive user experience and improve the recruitment issues.

The Study Objectives of this report are:

• To describe and forecast the global Applicant Tracking System market by component, deployment type, organization size, vertical, and region

• To forecast the market size of the 5 major regional segments, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America

• To analyze the subsegments with respect to individual growth trends, prospects, and contribution to the total market

• To analyze the opportunities in the market for stakeholders and provide details of competitive landscape for the major players

• To track and analyze competitive developments, such as mergers and acquisitions, new product developments, and partnerships, agreements, and collaborations in the Applicant Tracking System market

• To profile the key players and comprehensively analyze their core competencies and positioning

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Target Audience:
• ATS vendors
• Training and consulting service providers
• Telecom service providers
• Managed service providers
• System integrators
• Cloud service providers
• Government agencies

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