Global Applicant Tracking System Market Size is estimated to expand rapidly in coming years, at a CAGR of 10.1 % from 2018 to 2025. In 2017, the global market valuation was USD 1.85 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. An applicant tracking system (ATS) is a software application that allows the electronic processing of recruitment requirements. An ATS can be introduced or accessed online at the company or small business level, based on the organization's requirements; free and open-source ATS software is also accessible. With the growing penetration of the Internet of Things (IoT) and associated techniques, such as machine learning and cloud fewer architecture, the requirement for enterprise-wide ATS software and services is anticipated to expand considerably. Geographically, North America is expected to be the highest growing region in the global market of the applicant tracking system.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global applicant tracking system market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global applicant tracking system market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Component Type Insights: On the basis of component, global applicant tracking system market has been segmented into software and services. The service type is anticipated to develop at a greater CAGR during the forecast period and the software type is predicted to have a bigger market size in the applicant tracking system sector in 2018. Because of the ease of use and the flexibility they give, the acceptance of applicant monitoring system software and services among companies has become a key component of the company process and is anticipated to develop in the coming years.

By Deployment type Insights: On the basis of deployment type, global applicant tracking system market has been segmented into on-premises and cloud. Among which on-premises segment is expected to grow at a higher rate in the global market of the applicant tracking system. As the market for applicant tracking systems is increasing, the need to deploy software that is consistent with on-site infrastructure at a low price is also becoming crucial. Applicant tracking system software integration and deployment allow archiving retention and communication within the corporate infrastructure.

Regional Analysis

The applicant tracking system market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; the Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region, North America is expected to witness high growth in the upcoming timespan. A growing need for effective recruitment processes and full safety while working in physical, virtual or cloud settings are anticipated to drive the worldwide applicant tracking system market.

Asia Pacific region is expected to witness high growth in the market in the forecast period. Because of the ease of use and the flexibility they give, the acceptance of applicant tracking system software and services among companies has become a key component of the business process and is anticipated to develop in the coming years. Europe is anticipated to dominate the global applicant tracking system market over the projected period. Growth in geographically varied business development, growing need to automate hiring procedures, focus on improving applicant knowledge, and evolving need for analytics metrics are significant market growth factors.

Global Applicant Tracking System Market Size, Share Analysis by Region 2017

Global Applicant Tracking System Market Study Objective

1. To forecast the market size of applicant tracking system market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of applicant tracking system market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of the applicant tracking system market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of applicant tracking system market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the applicant tracking system market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Oracle, IBM, SAP, Cornerstone, ADP, iCIMS, Jobvite, PeopleFluent, SilkRoad Technology, Paycor, Greenhouse Software, Workday, Ultimate Software, JazzHR, ClearCompany, BambooHR, Racarie Software, Zoho, SmartRecruiters, Ascentis, Recruiterbox, Infor are some of the key players in the market of applicant tracking system.

Global Applicant Tracking System Market Study Report Offer You!

The global applicant tracking system market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.