Applicant Tracking System (ATS) Market Revenue To Register Significant Growth Globally By 2027

An applicant tracking system is an efficient computer program that enables easy electronic management of hiring and recruitment needs. The system can be accessed or operated over the internet, either on a business or personal level, depending upon the organization’s specific needs. Most applicant tracking systems are designed to accommodate a large number of resumes for different positions in the human resources field. With the use of applicant tracking systems, employers can save both time and money by evaluating and assessing different candidates and can make informed decisions regarding each one.

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Market Dynamics
Integration of background screening services and solutions with ATS is expected to offer lucrative growth opportunities for players in the applicant tracking system (ATS) market. For instance, in July 2020, Asurint, a technology-focused provider of pre-employment background screening services and solutions, partnered and integrated with Carvin Software’s applicant tracking system, Staffing Complete.

Integration of enterprise texting platform with ATS is expected to offer lucrative growth opportunities for players in the applicant tracking system (ATS) market. For instance, in June 2020, CEIPAL partnered with TextToHire, a communication platform designed for placements, to provide its customers with a new enterprise texting platform for recruitment & staffing professionals. Moreover, availability of products that improve recruiter productivity is also expected to aid in growth of the market. For instance, in 2019, CATS Software released the fifth major update to their applicant tracking system, which focuses on improving recruiter productivity and enhancing communication with candidates and clients.

Among regions, North America is expected to witness significant growth in the applicant tracking system (ATS) market, owing to increasing adoption of ATS in the region. For instance, in February 2020, Asurint, a background screening solutions provider, in partnership with Tenstreet, a provider of driver management software for the trucking and transportation industry, announced development of integrated Department of Transportation employment verifications enhancement for Tenstreet Applicant Tracking System.

Frequently Asked Questions (FAQ) :

Is APAC HVDC Transmission Systems Market Booming In Near Future?
Yes, The APAC HVDC transmission systems market is estimated to account for US$ 1,767.8 Mn in 2018 and is projected to exhibit a CAGR of 10.1% during the forecast period (2019–2027).

Which are the prominent APAC HVDC Transmission Systems Market players across the globe? Can I Add a Specific Company?
Yes, You can add Specific Companies up to 3 Companies.
Companies Covered as part of this study include ABB Ltd., Siemens AG, Toshiba Corporation, General Electric Co., Prysmian SpA, Hitachi Ltd., TransGrid Solutions Inc., and ATCO Electric Ltd.,

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Which Geographic Segmentation Covered In The Market Report?
North America
Europe
Asia Pacific
Latin America
Middle East
Africa

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This release was published on openPR.