Applicant Tracking System (ATS) Market Poised for 6.10% CAGR Growth, Projected to Reach USD 3.91 Billion by 2030

𝐓𝐡𝐞 𝐄𝐱𝐩𝐚𝐧𝐝𝐢𝐧𝐠 𝐖𝐨𝐫𝐥𝐝 𝐨𝐟 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐧𝐭 𝐓𝐫𝐚𝐜𝐤𝐢𝐧𝐠 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 (𝐀𝐓𝐒) 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐚𝐧𝐝 𝐅𝐮𝐭𝐮𝐫𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤

The Applicant Tracking System (ATS) market is experiencing rapid growth as businesses increasingly rely on technology to streamline the hiring process. ATS solutions help companies manage the recruiting lifecycle, from job posting to onboarding, and enable human resources teams to make more efficient and data-driven hiring decisions. According to a recent study, the global ATS market is set to experience a compound annual growth rate (CAGR) of 7.1% over the forecast period, reaching a market size of USD 5.5 billion by 2027.

As organizations across industries continue to prioritize automation and efficiency in recruitment, the demand for robust and scalable ATS solutions is expected to rise. ATS systems enable companies to save time, reduce bias, and enhance candidate experience-all crucial factors in today's competitive labor market.

𝐓𝐨 𝐥𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞, 𝐬𝐢𝐦𝐩𝐥𝐲 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 :https://www.maximizemarketresearch.com/request-sample/11581/

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐓𝐫𝐞𝐧𝐝𝐬

The ATS market has experienced significant evolution in recent years, driven by the increasing adoption of artificial intelligence (AI) and machine learning (ML) technologies. These advancements help companies automate tasks like candidate screening, resume parsing, and interview scheduling. Integration with other HR technologies, such as human resource management systems (HRMS) and payroll software, is another key trend accelerating the market's growth.

Additionally, the integration of cloud-based platforms has made ATS more accessible and scalable, empowering small and medium-sized enterprises (SMEs) to leverage advanced recruitment solutions. This has further expanded the market, offering opportunities for ATS providers to reach new customer segments.

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐧𝐭 𝐓𝐫𝐚𝐜𝐤𝐢𝐧𝐠 𝐒𝐲𝐬𝐭𝐞𝐦 (𝐀𝐓𝐒) 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭

Market Size (2022): USD 3.9 billion
Projected Market Size (2027): USD 5.5 billion
CAGR: 7.1%

𝐂𝐨𝐮𝐧𝐭𝐫𝐲-𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐌𝐞𝐫𝐠𝐞𝐫𝐬 & 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐧𝐭 𝐓𝐫𝐚𝐜𝐤𝐢𝐧𝐠 𝐒𝐲𝐬𝐭𝐞𝐦' 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

Vietnam is experiencing an increasing demand for ATS solutions as companies in the country embrace digital transformation. As the job market becomes more competitive, businesses are adopting ATS platforms to automate recruitment processes and attract top talent more efficiently. The growing presence of multinational corporations in Vietnam is also driving the need for ATS adoption, providing significant growth opportunities for both local and international ATS providers.

Vietnam's recruitment technology market is expected to expand at a CAGR of 8.2% through 2027, with the largest demand coming from the technology, manufacturing, and retail sectors.

𝐓𝐨 𝐥𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞, 𝐬𝐢𝐦𝐩𝐥𝐲 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 :https://www.maximizemarketresearch.com/request-sample/11581/

Recent Developments:

In 2023, VNG Corporation, a major Vietnamese tech company, announced its collaboration with Workable, a global leader in ATS solutions, to integrate their technology into Vietnam's recruitment industry.

𝐀𝐓𝐒' 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝: 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧

Thailand's job market is rapidly evolving as companies seek to modernize their recruitment efforts. As a result, the demand for ATS solutions is rising, especially in Bangkok, where several large enterprises and international companies have their regional offices. The ongoing shift towards digital transformation across industries like retail, finance, and technology is creating significant growth opportunities for ATS providers.

With a strong emphasis on technology, Thailand's ATS market is expected to grow at a CAGR of 6.5% by 2027, with the adoption rate increasing across both large corporations and small businesses.

Recent Developments:

Talentnet Corporation, a leading recruitment service provider in Thailand, merged with Jobvite, a U.S.-based ATS company, in a strategic move to expand its capabilities and strengthen its presence in the Southeast Asian market.

𝐀𝐓𝐒' 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧: 𝐀 𝐇𝐮𝐛 𝐟𝐨𝐫 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐑𝐞𝐜𝐫𝐮𝐢𝐭𝐦𝐞𝐧𝐭

Japan's highly competitive labor market is driving the demand for efficient recruitment solutions like ATS. Japanese companies are increasingly adopting ATS to cope with labor shortages and streamline their hiring processes. This trend is especially prevalent in industries such as manufacturing, IT, and finance, where the need to attract highly skilled professionals is paramount.

Japan's ATS market is projected to grow at a steady CAGR of 5.9%, with a focus on integrating AI and machine learning to improve candidate matching and enhance recruitment outcomes.

Recent Developments:

Recruit Holdings, a prominent Japanese HR technology firm, acquired Glassdoor, a leading job search platform, in 2023. This strategic acquisition is expected to provide enhanced functionalities for ATS providers in the region, particularly around employer branding and employee reviews.

𝐓𝐨 𝐥𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞, 𝐬𝐢𝐦𝐩𝐥𝐲 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 :https://www.maximizemarketresearch.com/request-sample/11581/

𝐀𝐓𝐒' 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚 𝐒𝐭𝐫𝐞𝐚𝐦𝐥𝐢𝐧𝐢𝐧𝐠 𝐭𝐡𝐞 𝐇𝐢𝐫𝐢𝐧𝐠 𝐏𝐫𝐨𝐜𝐞𝐬𝐬

South Korea is witnessing a surge in the adoption of ATS solutions, particularly among larger enterprises and technology-driven companies. The country's highly educated workforce and rapid technological advancements provide fertile ground for ATS growth. Companies in South Korea are keen to streamline their recruitment processes, enhance candidate experience, and reduce the time-to-hire, which is fostering demand for ATS systems.

The South Korean ATS market is expected to grow at a CAGR of 7.3%, with significant adoption in the tech and automotive sectors.

Recent Developments:

In 2024, Samsung SDS, a South Korean IT service provider, acquired a minority stake in Lever, a U.S.-based ATS company, to integrate AI-driven recruitment capabilities into its own solutions and expand its market presence in Asia.

𝐀𝐓𝐒' 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐑𝐢𝐬𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡𝐞𝐚𝐬𝐭 𝐀𝐬𝐢𝐚'𝐬 𝐓𝐞𝐜𝐡 𝐇𝐮𝐛

Singapore continues to be a leader in technology adoption in Southeast Asia. As the city-state becomes a hub for multinational corporations and startups, the demand for recruitment solutions like ATS is growing. The use of ATS is particularly prevalent among businesses in technology, finance, and healthcare, where the talent pool is often highly specialized.

The ATS market in Singapore is expected to grow at a CAGR of 8.0%, driven by the expansion of local startups and the presence of global players looking to optimize their recruitment strategies.

Recent Developments:

SmartRecruiters, a U.S.-based ATS company, expanded its operations into Singapore in 2023, establishing a regional office to better serve Southeast Asian markets.

𝐀𝐓𝐒' 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬 𝐓𝐡𝐞 𝐇𝐞𝐚𝐫𝐭 𝐨𝐟 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧

The United States remains the largest market for ATS solutions globally, driven by technological innovation and a competitive labor market. U.S. companies are adopting ATS to handle the increasing volume of applications and improve recruitment efficiency. The integration of AI and automation is transforming recruitment processes, and companies are also prioritizing diversity and inclusion initiatives through ATS platforms.

The U.S. ATS market is projected to grow at a CAGR of 6.4%, with significant demand from industries such as tech, healthcare, and finance.

Recent Developments:

In 2023, iCIMS, a leading ATS provider, acquired Altru Labs, a company specializing in recruitment analytics. This merger will allow iCIMS to enhance its data-driven recruitment solutions and expand its customer base in North America.

𝐀𝐓𝐒' 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞: 𝐄𝐦𝐛𝐫𝐚𝐜𝐢𝐧𝐠 𝐑𝐞𝐜𝐫𝐮𝐢𝐭𝐦𝐞𝐧𝐭 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐨𝐧

Europe is rapidly adopting ATS solutions, driven by the need for businesses to streamline recruitment across multiple countries with varying labor laws and regulations. The growing demand for global talent, coupled with the increasing use of digital recruitment tools, is creating new opportunities for ATS providers. The European ATS market is expanding, with strong growth in the United Kingdom, Germany, France, and the Netherlands.

The European ATS market is expected to grow at a CAGR of 6.8%, with significant adoption in sectors like finance, technology, and manufacturing.

Recent Developments:

SAP SuccessFactors, a major European HR technology player, announced a partnership with Ultimate Software in 2023 to enhance its ATS functionalities and provide a more comprehensive HR suite for European companies.

𝐅𝐨𝐫 𝐚 𝐝𝐞𝐞𝐩𝐞𝐫 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤:https://www.maximizemarketresearch.com/market-report/applicant-tracking-system-ats-market/11581/

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐧𝐭 𝐓𝐫𝐚𝐜𝐤𝐢𝐧𝐠 𝐒𝐲𝐬𝐭𝐞𝐦 (𝐀𝐓𝐒) 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

𝐛𝐲 𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭

Solution
Services

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

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐧𝐭 𝐓𝐫𝐚𝐜𝐤𝐢𝐧𝐠 𝐒𝐲𝐬𝐭𝐞𝐦 (𝐀𝐓𝐒) 𝐌𝐚𝐫𝐤𝐞𝐭 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚

1. Oracle
2. IBM
3. iCIMS
4. Cornerstone
5. Ultimate ADP
6. Infor
7. Greenhouse Software
8. .Workday
9. Paycor
10. ClearCompany
11. BambooHR
12. Jobvite
13. Racarie Software
14. SmartRecruiters

𝐄𝐮𝐫𝐨𝐩𝐞

15. SAP
16. ATS Global
17. nCore HR
18. Octavia

𝐀𝐬𝐢𝐚-𝐏𝐚𝐜𝐢𝐟𝐢𝐜

19. Zoho
20. Pitch N Hire
21. Beijing ELi Technology
22. DHC Software
23. JAC Recruitment Company
24. Manatal

𝐌𝐢𝐝𝐝𝐥𝐞 𝐄𝐚𝐬𝐭 𝐚𝐧𝐝 𝐀𝐟𝐫𝐢𝐜𝐚

25. ZenHR
26. BBI
27. G42

𝐒𝐨𝐮𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚

28. JobConvo
29. Harpio

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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𝐀𝐛𝐨𝐮𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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