
Applicant Tracking System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Description
Applicant Tracking System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global applicant tracking system market size reached US$ 2.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2028, exhibiting a growth rate (CAGR) of 7.53% during 2023-2028.
An applicant tracking system (ATS) is a talent management software that organizes and monitors job openings, resumes, candidates and clients for an organization. The information in the database of the software streamlines the hiring process by conducting preliminary analysis and filtering qualified and deserving candidates for a job. Managers can also schedule interviews and send rejection letters through the ATS and can digitally handle the necessary paperwork. It aims to reduce the workload of recruiters and provide a central repository for candidate data. Also, ATS aids in minimizing the time spent on administrative tasks, providing faster resume screening, and facilitating collaborative recruitment, thus enhancing the overall experience of the candidate.
The increasing penetration rate of cloud-based platforms, along with the adoption of mobile-based recruitment systems, is one of the key factors driving the growth of the market. Organizations are rapidly adopting software-as-a-service (SaaS) for automating the recruitment and hiring procedures. It improves staffing efficiencies and productivity and thereby, managing the hiring process of suitable candidates. The ATS also enables businesses to adopt strategic methods for their brand promotions and attract qualified job seekers. Additionally, the integration of organizations with artificial intelligence (AI) is driving the market growth. The software uses optical trackers to monitor applicants and provide accurate results while identifying the market trends and patterns through transactional activities and analytical inputs. Moreover, factors such as the growing need to replace traditional hiring methods to reduce time-wastage and costs and improve the quality of hiring decisions, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global applicant tracking system market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on deployment, organization size, component and end-user.
Breakup by Deployment:
On-premises
Cloud
Breakup by Organization Size:
Small and Medium-sized Enterprises
Large Enterprises
Breakup by Component:
Software
Services
Breakup by End-User:
BFSI
IT and Telecommunications
Government and Public Sector
Retail
Manufacturing
Healthcare and Life Sciences
Others
Breakup by Region:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Argentina
Colombia
Chile
Peru
Others
Middle East and Africa
Turkey
Saudi Arabia
Iran
United Arab Emirates
Others
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being ApplicantStack, ATS Ondemand, Clearcompany, Greenhouse Software, IBM, iCIMS, JazzHR, Jobvite, Oracle, SAP SE, SilkRoad Technology, SmartRecruiters, Tribepad, Ultimate Software, Zoho, etc.
Key Questions Answered in This Report
1. What was the size of the global applicant tracking system market in 2022?
2. What is the expected growth rate of the global applicant tracking system market during 2023-2028?
3. What has been the impact of COVID-19 on the global applicant tracking system market?
4. What are the key factors driving the global applicant tracking system market?
5. What is the breakup of the global applicant tracking system market based on the deployment?
6. What is the breakup of the global applicant tracking system market based on organization size?
7. What is the breakup of the global applicant tracking system market based on the component?
8. What is the breakup of the global applicant tracking system market based on the end-user?
9. What are the key regions in the global applicant tracking system market?
10. Who are the key players/companies in the global applicant tracking system market?
Table of Contents
143 Pages
- 1 Preface
- 2 Scope and Methodology
- 2.1Objectives of the Study
- 2.2Stakeholders
- 2.3Data Sources
- 2.3.1Primary Sources
- 2.3.2Secondary Sources
- 2.4Market Estimation
- 2.4.1Bottom-Up Approach
- 2.4.2Top-Down Approach
- 2.5Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1Overview
- 4.2Key Industry Trends
- 5 Global Applicant Tracking System Market
- 5.1Market Overview
- 5.2Market Performance
- 5.3Impact of COVID-19
- 5.4Market Forecast
- 6 Market Breakup by Deployment
- 6.1On-premises
- 6.1.1Market Trends
- 6.1.2Market Forecast
- 6.2Cloud
- 6.2.1Market Trends
- 6.2.2Market Forecast
- 7 Market Breakup by Organization Size
- 7.1Small and Medium-sized Enterprises
- 7.1.1Market Trends
- 7.1.2Market Forecast
- 7.2Large Enterprises
- 7.2.1Market Trends
- 7.2.2Market Forecast
- 8 Market Breakup by Component
- 8.1Software
- 8.1.1Market Trends
- 8.1.2Market Forecast
- 8.2Services
- 8.2.1Market Trends
- 8.2.2Market Forecast
- 9 Market Breakup by End-User
- 9.1BFSI
- 9.1.1Market Trends
- 9.1.2Market Forecast
- 9.2IT and Telecommunications
- 9.2.1Market Trends
- 9.2.2Market Forecast
- 9.3Government and Public Sector
- 9.3.1Market Trends
- 9.3.2Market Forecast
- 9.4Retail
- 9.4.1Market Trends
- 9.4.2Market Forecast
- 9.5Manufacturing
- 9.5.1Market Trends
- 9.5.2Market Forecast
- 9.6Healthcare and Life Sciences
- 9.6.1Market Trends
- 9.6.2Market Forecast
- 9.7Others
- 9.7.1Market Trends
- 9.7.2Market Forecast
- 10 Market Breakup by Region
- 10.1North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.2Europe
- 10.2.1 Germany
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 France
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 United Kingdom
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 Italy
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Spain
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Russia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.3Asia-Pacific
- 10.3.1 China
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 Japan
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 India
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 South Korea
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Australia
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Indonesia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.4Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Argentina
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.4 Colombia
- 10.4.4.1 Market Trends
- 10.4.4.2 Market Forecast
- 10.4.5 Chile
- 10.4.5.1 Market Trends
- 10.4.5.2 Market Forecast
- 10.4.6 Peru
- 10.4.6.1 Market Trends
- 10.4.6.2 Market Forecast
- 10.4.7 Others
- 10.4.7.1 Market Trends
- 10.4.7.2 Market Forecast
- 10.5Middle East and Africa
- 10.5.1 Turkey
- 10.5.1.1 Market Trends
- 10.5.1.2 Market Forecast
- 10.5.2 Saudi Arabia
- 10.5.2.1 Market Trends
- 10.5.2.2 Market Forecast
- 10.5.3 Iran
- 10.5.3.1 Market Trends
- 10.5.3.2 Market Forecast
- 10.5.4 United Arab Emirates
- 10.5.4.1 Market Trends
- 10.5.4.2 Market Forecast
- 10.5.5 Others
- 10.5.5.1 Market Trends
- 10.5.5.2 Market Forecast
- 11 SWOT Analysis
- 11.1Overview
- 11.2Strengths
- 11.3Weaknesses
- 11.4Opportunities
- 11.5Threats
- 12 Value Chain Analysis
- 13 Porter’s Five Forces Analysis
- 13.1Overview
- 13.2Bargaining Power of Buyers
- 13.3Bargaining Power of Suppliers
- 13.4Degree of Competition
- 13.5Threat of New Entrants
- 13.6Threat of Substitutes
- 14 Competitive Landscape
- 14.1Market Structure
- 14.2Key Players
- 14.3Profiles of Key Players
- 14.3.1ApplicantStack
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2ATS Ondemand
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3Clearcompany
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4Greenhouse Software
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5IBM
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6iCIMS
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7JazzHR
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8Jobvite
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9Oracle
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10SAP SE
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11SilkRoad Technology
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12SmartRecruiters
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.13Tribepad
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.14Ultimate Software
- 14.3.14.1 Company Overview
- 14.3.14.2 Product Portfolio
- 14.3.14.3 SWOT Analysis
- 14.3.15Zoho
- 14.3.15.1 Company Overview
- 14.3.15.2 Product Portfolio
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