Applicant Tracking Software Market to Witness an Explicit Growth Globally 2021-2027 | IBM (Kenexa), CATS Software, Cornerstone OnDemand

An applicant tracking system (ATS) is a piece of software that automates the process of short-listing candidates by selecting the best resumes. Because of features like interview scheduling and candidate tracking, this software makes managing the recruitment process a breeze. Companies can reduce operational costs by implementing advanced cloud technology services that allow thousands of customers to access similar resources.

Companies compete and use a variety of strategies to develop new products and expand their market presence. Applicant tracking software helps businesses promote themselves through brand marketing, which is especially beneficial for qualified job seekers.

Applicant Tracking Software Market is forecast to reach $2.1 billion by 2027, growing at a CAGR 7.6% from 2021 to 2027

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Top Key Players Profiled in This Report: IBM (Kenexa), CATS Software, Cornerstone OnDemand, TalentReef, ClearCompany, ApplicantPro, Advanced Personnel Systems, COMPAS Technology, IKraft Solutions,

One of the most comprehensive and important additions to market research is the Global Applicant Tracking Software Market. It provides detailed analyses and assessments of the global market's major components. In order to provide a comprehensive assessment of the industry, the market experts who wrote this report provided in-depth data on the major growth drivers, constraints, challenging situations, trends, and opportunities. Participants in the market can use market dynamics analysis to develop effective boom strategies and plan for future difficult periods. Each market is carefully evaluated and explored with the assistance of market analysts.

Applicant Tracking Software Market, By Segmentaion:

Market Segment by Type, covers
On-premises
Cloud-Based

Market Segment by Applications, can be divided into
Small and Medium Enterprises
Large Enterprises

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In the global Applicant Tracking Software Market, North America had one of the largest revenue shares. This is due to the region's large number of significant market participants, constant focus on technological advancements, and rising consumer goods demand. Over the forecast period, Asia Pacific market revenue is expected to grow at a rapid CAGR, accounting for roughly half of global revenue. A key driver of market growth in this domain is the expanding expansion across various sectors.

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