openPR Logo
Press release

Applicant Tracking System Market Demand Analysis, Type, Statistics, Regions and Forecast - 2031

12-04-2024 09:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Applicant Tracking System Market

Applicant Tracking System Market

Global applicant tracking system market is anticipated to grow at a CAGR of 9.9% during the forecast period (2024-2031). The global ATS market is primarily driven by the need to enhance candidate experience through efficient processes. Automation in recruitment has become imperative, streamlining hiring activities. Comprehensive reporting capabilities are increasingly in demand for better decision-making. Ensuring compliance with regulations is also a key factor. These elements collectively fuel the growth of the applicant tracking system market worldwide.

Get Free Sample link @ https://www.omrglobal.com/request-sample/applicant-tracking-system-market

Integrating applicant tracking system (ATS) software into existing infrastructure poses significant challenges in implementation, design, and setup. IT teams need to revamp the enterprise infrastructure, focusing on security and networking, which can prove to be resource-intensive and costly, requiring skilled employees. A deep understanding of network components is essential to support the new system without disrupting operations. Automating the hiring process with ATS software demands a thorough knowledge of devices, networks, and IT services, meticulous planning, and potential staff training to ensure smooth operation.

North America is expected to maintain a significant share of the applicant tracking system market in the coming future. The primary growth driver is the strong presence of technology providers focusing on partnerships, mergers, acquisitions, and innovative solutions to stay competitive. With the most technologically advanced workforce, the region attracts skilled human resources and generates substantial demand for applicant tracking systems, especially in the US and Canada. The need to modernize HR and adopt mobility trends and cloud computing further supports market growth.

Full report of Applicant Tracking System Market available @ https://www.omrglobal.com/industry-reports/applicant-tracking-system-market

Recent Developments

In April 2024, Greenhouse introduced three new features to enhance organizational efficiency and reduce time-to-hire. This includes Texting, powered by Grayscale, which provides recruiters with a seamless channel for effective candidate engagement Sourcing Automation Al was also launched, enabling personalized messaging through automated content generation. Additionally, Greenhouse integrated embedded e-signature capabilities to streamline document workflows within Greenhouse Recruiting aiming to expedite hiring processes. These advancements underscore Greenhouse's commitment to ethical Al tools that simplify workflows and promote fairness in hiring practices, setting new standards in Al-driven Work Tech tools.

In November 2023, Ceipal, an industry-leading Al-powered platform for total talent acquisition and automation, received three TrustRadius 2023 Best of Awards in the Applicant Tracking category: "Best Value for Price," "Best Feature Set," and "Best Relationship." These accolades highlight its exceptional performance in customer satisfaction and review ratings.

In the year 2023, ClearCompany Inc. launched 39 new product updates and 11 new integrations with 11 new integrations with salient HR systems.

Market Coverage

The market number available for 2023-2031
Base year: 2023
Forecast period: 2024-2031
Segment Covered-
o By Component

o By Deployment Mode

o By Organization Size

o By Vertical

Regions Covered-
o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape: ADP, Inc., IBM Corp, iCIMS, Inc., SAP SE, and Workday, Inc. among others

Key questions addressed by the report

What is the market's growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?

Global Applicant Tracking System Market Report Segment

By Component

Software
Services

By Deployment Mode

On-premises
Cloud

By Organization Size

Small & Medium Size Enterprises
Large Enterprises

By Vertical

BFSI
Government
Manufacturing
Telecom & IT
Consumer Goods & Retail
Healthcare & LiveScience
Energy & Utilities
Transportation & Logistics
Others (Retail and Consumer Goods, and Education)


Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/applicant-tracking-system-market

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Applicant Tracking System Market Demand Analysis, Type, Statistics, Regions and Forecast - 2031 here

News-ID: 3770832 • Views:

More Releases from Orion Market Research

Road Marking Paint Market : A Guide to Understanding the Process
Road Marking Paint Market : A Guide to Understanding the Process
The Road Marking Paint Market, valued at approximately USD 5.02 billion in 2023, is projected to reach around USD 7.69 billion by 2033, growing at a compound annual growth rate (CAGR) of 4.36% from 2024 to 2033. Road Marking Paint Market Overview The Road Marking Paint Market is steadily expanding, driven by burgeoning infrastructure investments and the need for improved road safety. Governments and municipalities are increasingly allocating funds toward both new
Outboard Boat Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Outboard Boat Market Size Analysis, Competitive Insights, Leading Players and Gr …
The Outboard Boats Market, valued at approximately USD 5.74 billion in 2023, is projected to grow to around USD 14 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 9% over the 2024-2033 period. Outboard Boat Market Overview The Outboard Boat Market continues to expand robustly, fueled largely by rising demand for recreational boating, favorable economic conditions, and the appeal of leisure marine activities. Innovations in outboard motor technology-including
Mobile Ticketing Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Mobile Ticketing Market Size Analysis, Competitive Insights, Leading Players and …
The Mobile Ticketing Market, valued at about USD 2.9 billion in 2023, is anticipated to grow to approximately USD 11.39 billion by 2033, reflecting a robust CAGR of 16.7% from 2024 to 2033. Mobile Ticketing Market Overview The Mobile Ticketing Market is undergoing rapid expansion, driven primarily by the global surge in smartphone usage and consumer preference for contactless, digital experiences. This growth is further propelled by widespread adoption of digital payments,
Metal Alloy Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Metal Alloy Market Size Analysis, Competitive Insights, Leading Players and Grow …
The Metal Alloy Market, valued at approximately USD 301.7 billion in 2023, is projected to reach USD 533.9 billion by 2033, growing at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2033. Metal Alloy Market Overview The Metal Alloy Market is experiencing steady, long-term expansion, driven by growing demand from key sectors such as automotive, aerospace, construction, and electronics. Applications in next-generation vehicles and aircraft are pushing interest in

All 5 Releases


More Releases for Applicant

Applicant Tracking System Market: "Applicant Tracking Systems to Grow to $3.91B …
Applicant Tracking System Market Scope: Key Insights : Applicant Tracking System Market size was valued at USD 2.41 Billion in 2022 and is poised to grow from USD 2.56 Billion in 2023 to USD 3.91 Billion by 2031, growing at a CAGR of 6.2% in the forecast period (2024-2031). Access the full 2024 Market report for a comprehensive understanding @https://www.skyquestt.com/report/applicant-tracking-system-market In-Depth Exploration of the global Applicant Tracking System Market: This report
Applicant Tracking Software Market Size and Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global Applicant Tracking Software Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion. The applicant tracking software market encompasses a range of solutions designed to streamline the recruitment process for organizations of all sizes. These software solutions
Applicant Tracking System Market 2024-2030
Buckle up for a paradigm shift in the recruitment landscape! The Applicant Tracking System (ATS) market is on a trajectory of exponential growth, projected to soar at a CAGR of 6.10%, reaching a remarkable USD 3.69 Billion by 2029. Decoding ATS: A Game-Changer in Recruitment An Applicant Tracking System is the unsung hero of recruitment, orchestrating the complex dance of job postings, applications, and candidate management. More than just an organizer, it
RecruitBPM | Applicant Tracking System | CRM
Hey RecruitBPM is an all-in-one AI-enabled applicant tracking system and Recruitment CRM designed to assist your staffing agency or corporate hiring to recruit the best talent. The company name is an acronym that stands for Recruitment Business Process Management specifically designed for Recruitment agencies. RecruitBPM is a Cloud-based software solution for staffing agencies to optimize their workflows and manage work more efficiently. Thanks 6216 Baker Road Suite 120 Eden Prairie, MN 55346 RecruitBPM is
Increasing Demand for Applicant Tracking System for Organization...
The Latest Study Report On Applicant Tracking System Market The Applicant Tracking System Market research report is the latest report published by StraitsResearch which is committed to delivering details of the Applicant Tracking System industry. Straits Research offers a high level of accuracy, an in-depth valuation, and systematic research methodology to the reader that helped to collect the info from direct as well as indirect sources. Forecasting patterns were considered across
Applicant Tracking Systems Market Trends and 2022 Forecast
This report studies the global Applicant Tracking Systems market, analyzes and researches the Applicant Tracking Systems development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like EtQ Halogen Software MasterControl WCAS-QuickBase ConvergePoint Culture Amp Intelex Technologies Litmos by CallidusCloud SkyPrep IBM Bond International Software For more information about this report at http://www.reportsweb.com/global-applicant-tracking-systems-market-size-status-and-forecast-2022 Market segment by Regions/Countries, this report covers United States EU Japan China India Southeast Asia Market segment by Type, Applicant Tracking Systems