Applicant Tracking System Market to See Huge Growth by 2029: Jobvite, ADP, SilkRoad Technology, Paycor

HTF MI introduces new research on Applicant Tracking System covering the micro level of analysis by competitors and key business segments (2023-2029). The Applicant Tracking System explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing. Some of the major key players profiled in the study are Oracle (United States), IBM (United States), SAP (Germany), Cornerstone (United States), ADP (United States), iCIMS (United States), Jobvite (United States), PeopleFluent (United States), SilkRoad Technology (United States), Paycor (United States).

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According to HTF Market Intelligence, the Global
Applicant Tracking System market to witness a CAGR of 6.70% during forecast period of 2023-2029. The market is segmented by Application (Small and Medium Enterprises, Large Enterprises) by End User (Retail, Consumer Goods, Government and Public Sector, Manufacturing) by Deployment (Cloud Based, On Premises) and by Geography (North America, South America, Europe, Asia Pacific, MEA).

Definition:
An Applicant Tracking System (ATS) is a software application used by employers to manage and streamline their recruitment process. It allows recruiters and hiring managers to manage job postings, track candidate applications, and communicate with candidates through a centralized platform.ATS software is used by companies of all sizes and is particularly useful for organizations that receive a large volume of applications. It can help to ensure that candidates are evaluated consistently and fairly and that recruiters can quickly identify the best candidates for each job. While an ATS can be a powerful tool for recruiters, it is important to remember that it is just one part of the recruitment process. It is still essential to communicate effectively with candidates, build relationships with them, and evaluate their fit with the organization before making a hiring decision.

Which market aspects are illuminated in the report?
Executive Summary: It covers a summary of the most vital studies, the Applicant Tracking System market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.

Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Applicant Tracking System market, the years measured, and the study points.

Company Profile: Each Firm well-defined in this segment is screened based on a product's, value, SWOT analysis, ability, and other significant features.

Manufacture by region: This Applicant Tracking System report offers data on imports and exports, sales, production, and key companies in all studied regional markets

Highlighted of Applicant Tracking System Market Segments and Sub-Segment:

Applicant Tracking System Market by Key Players: Oracle (United States), IBM (United States), SAP (Germany), Cornerstone (United States), ADP (United States), iCIMS (United States), Jobvite (United States), PeopleFluent (United States), SilkRoad Technology (United States), Paycor (United States)

Applicant Tracking System Market by Types: Cloud Based, On Premises

Applicant Tracking System Market by End-User/Application: Small and Medium Enterprises, Large Enterprises

Applicant Tracking System Market by Geographical Analysis:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

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The study is a source of reliable data on Market segments and sub-segments, Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological innovations Value chain, and investor analysis.

Interpretative Tools in the Market: The report integrates the entirely examined and evaluated information of the prominent players and their position in the market by methods for various descriptive tools. The methodical tools including SWOT analysis, Porter's five forces analysis, and investment return examination were used while breaking down the development of the key players performing in the market.

Key Growths in the Market: This section of the report incorporates the essential enhancements of the marker that contain assertions, coordinated efforts, R&D, new item dispatch, joint ventures, and associations of leading participants working in the market.

Key Points in the Market: The key features of this Applicant Tracking System market report include production, production rate, revenue, price, cost, market share, capacity, capacity utilization rate, import/export, supply/demand, and gross margin. Key market dynamics plus market segments and sub-segments are covered.

Research Objectives:
• Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
• To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
• To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
• To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
• To deliberately profile the key players and systematically examine their growth strategies.

FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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