Press release
Applicant Tracking System (ATS) Market is expected to grow at a CAGR of 6.10% and it is expected to reach USD 3.69 Bn by 2029
Applicant Tracking System (ATS) Market Report Scope and Research Methodology:The market research report provides a comprehensive analysis of the impact of the COVID-19 pandemic on market leaders, followers, and disruptors. The varying effects of lockdown measures in different regions and countries have led to diverse impacts on market segments. The report evaluates both short-term and long-term effects, empowering decision-makers to strategize effectively for the present and the future across different regions.
The study incorporates an in-depth analysis of revenue implications stemming from the COVID-19 pandemic for market leaders, followers, and disruptors. These insights are reflected throughout the analysis, offering a holistic perspective on the market's response to the pandemic.
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Applicant Tracking System (ATS) Market Dynamics:
The report identifies the diverse talent acquisition pool, the demand for automated recruitment processes, and the emergence of well-defined candidate portfolios as significant growth opportunities for the ATS market. However, lack of awareness about the benefits of these systems and the requisite expertise to manage them stand out as major challenges inhibiting market growth.
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Applicant Tracking System (ATS) Market Segmentation:
by Component
Solution
Services
Professional
Managed
by Deployment Mode
Cloud
On-premises
by Organization Size
Large Enterprise
SMEs
by Industry
Manufacturing
Healthcare
Banking, Financial Services, and Insurance (BFSI)
Government and Public Sector
Retail and Consumer Goods
IT and Telecommunication
Others
The market for applicant tracking systems (ATS) is divided into segments based on component, deployment mode, organization size, sector, and geography. By component, the service sector that includes managed and professional services has a bigger market share. The bigger market share was held by large businesses within the organization size sector, which can be linked to the need for a larger workforce and clearly defined selection processes.
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Applicant Tracking System (ATS) Market Key Players:
1. Oracle
2. IBM
3. SAP
4. iCIMS
5. JazzHR
6. Cornerstone
7. PeopleFluent
8. Ultimate ADP
9. Infor
10.Greenhouse Software
11.Workday
12.Paycor
13.Recruiterbox
14.SilkRoad Technology
15.ClearCompany
16.BambooHR
17.Jobvite
18.Software
19.ResumeWare TribePad
20.Racarie Software
21.Zoho
22.ATS OnDemand
23.SmartRecruiters
24.Ascentis
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Regional Insights:
In terms of geography, the ATS market is segmented into North America, Europe, Asia Pacific, Middle East, and Latin America. North America commands a substantial market share owing to the growing need for efficient recruitment processes. The region's focus on maintaining comprehensive security across physical, virtual, and cloud environments further contributes to the market's expansion.
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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