Global Applicant Tracking Systems Market valued approximately USD XXX billion in 2016 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2017-2025. Increasing need for cost reduction, demand for strategic and improved hiring decisions, and involvement of social media for recruitment purpose are the major factors which are driving the growth in the Global Applicant Tracking Systems Market. An Applicant Tracking System (ATS) is a software which can be used to recruit employees efficiently. It is used to post job openings on a website or in job portals for screening resumes as well as to create interview requests to deserving candidates via e-mail or other communication channels. Some of the other features of ATS includes Individual applicant tracking, automated resume ranking, pre-screening questions, response tracking, multilingual capabilities requisition tracking, and customized input forms among others.
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The regional analysis of Global Applicant Tracking Systems Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Deployment:
Cloud
On Premise
By Organization Size:
SMEs
Large Scale
By Industry:
Government
IT & Telecommunication
Manufacturing
Others
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Furthermore, years considered for the study are as follows:
Historical year 2015, 2016
Base year 2017
Forecast period 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include Findly Talent LLC, Oracle Taleo, iCIMS, Workable, BambooHR, Cornerstone OnDemand Inc., ExactHire, IBM Corporation, Jobvite Inc., Lumesse Limited, Paycor, SAP (SuccessFactors), Workday, Inc., ApplicantStack, Hyrell, ICIMS, Inc., ClearCompany and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Applicant Tracking Systems Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Applicant tracking system is becoming a necessary in every organizations now! It's definitely going to be one of the hottest sectors for the SaaS companies!