
Applicant Tracking System (ATS) Market
Description
The Applicant Tracking System (ATS) market is projected to grow from US$ 3.2 billion in 2024 to US$ 5.8 billion by 2031, achieving a CAGR of 9.2% throughout the forecast period.
North America currently leads the geographic market but is expected to cede its position to Asia Pacific by 2025. This region has been attracting a significant number of businesses looking to expand their operations. Additionally, the increasing economic significance of Asia Pacific is directly influencing the growth of the applicant tracking system market.
Market Insights: The Rise of Cloud-Based Applicant Tracking Software
The rapid growth of cloud-based services has created a dynamic and highly competitive environment in the global software industry. Implementations of cloud-based applicant tracking software typically require minimal capital investment, which helps maintain a cost-effective and consistent IT infrastructure for companies. This model can yield substantial profits for organizations early on. The shared infrastructure model also addresses cost savings related to software licenses, electricity, maintenance fees, server and storage costs, consultant fees, data center space, and IT personnel.
Strategic Insights: Mobile Recruitment Opportunities in the ATS Market
The ATS operates on a service-based business model that has experienced rapid growth due to the increasing penetration of smartphones and related devices worldwide. As a digital data-driven service, it is expected to benefit from advancements in the digital landscape, such as analytics. Analytics will allow mobility service providers to better understand customer preferences and optimize routes and transportation options for them.
Component Segment Insights
The applicant tracking system market is divided into two main components: solutions and services. There are two primary categories of ATS solutions: one tailored for employers and the other for recruiting firms. Each software type is specifically designed to meet the needs of its end-users. Notable ATS solutions widely used globally include Taleo, Kenexa-Brassring, Jobvite, iCims, and SAP-SuccessFactors.
End-User Segment Insights
The applicant tracking system market is segmented by end-user into IT & Telecom, retail, BFSI, consumer goods, manufacturing, healthcare, government, and others. Despite a somewhat bleak employment outlook, the IT & Telecom sector is expected to drive the adoption of applicant tracking systems for two main reasons. First, there is a growing demand for talent globally, leading to an increasing number of applicants daily. To effectively manage this influx, IT & Telecom companies are increasingly implementing applicant tracking systems. Second, these companies have significant spending power on emerging technologies, which is expected to contribute substantial profits to the ATS market.
Recent market initiatives have emerged as the most common strategy in the global applicant tracking system market. Some of the latest initiatives include:
2018: ClearCompany partnered with ADP, LLC to launch Advanced Talent, a talent solution for companies with 100 to 2,000 employees, integrating both ADP Workforce Now and ClearCompany talent tools.
2018: Workable Software released a General Data Protection Regulation (GDPR) feature pack, primarily aimed at helping clients meet essential recruiting requirements.
2018: SAP SE introduced new and updated features to the SAP SuccessFactors HCM Suite, facilitating compliance with privacy laws and data protection for HR leaders worldwide.
Applicant Tracking System (ATS) Market Report ScopeGlobal Applicant Tracking System Market - SegmentationGlobal Applicant Tracking System Market – By Deployment Model
Please note: Delivery Timeline: 4-5 Business Days
North America currently leads the geographic market but is expected to cede its position to Asia Pacific by 2025. This region has been attracting a significant number of businesses looking to expand their operations. Additionally, the increasing economic significance of Asia Pacific is directly influencing the growth of the applicant tracking system market.
Market Insights: The Rise of Cloud-Based Applicant Tracking Software
The rapid growth of cloud-based services has created a dynamic and highly competitive environment in the global software industry. Implementations of cloud-based applicant tracking software typically require minimal capital investment, which helps maintain a cost-effective and consistent IT infrastructure for companies. This model can yield substantial profits for organizations early on. The shared infrastructure model also addresses cost savings related to software licenses, electricity, maintenance fees, server and storage costs, consultant fees, data center space, and IT personnel.
Strategic Insights: Mobile Recruitment Opportunities in the ATS Market
The ATS operates on a service-based business model that has experienced rapid growth due to the increasing penetration of smartphones and related devices worldwide. As a digital data-driven service, it is expected to benefit from advancements in the digital landscape, such as analytics. Analytics will allow mobility service providers to better understand customer preferences and optimize routes and transportation options for them.
Component Segment Insights
The applicant tracking system market is divided into two main components: solutions and services. There are two primary categories of ATS solutions: one tailored for employers and the other for recruiting firms. Each software type is specifically designed to meet the needs of its end-users. Notable ATS solutions widely used globally include Taleo, Kenexa-Brassring, Jobvite, iCims, and SAP-SuccessFactors.
End-User Segment Insights
The applicant tracking system market is segmented by end-user into IT & Telecom, retail, BFSI, consumer goods, manufacturing, healthcare, government, and others. Despite a somewhat bleak employment outlook, the IT & Telecom sector is expected to drive the adoption of applicant tracking systems for two main reasons. First, there is a growing demand for talent globally, leading to an increasing number of applicants daily. To effectively manage this influx, IT & Telecom companies are increasingly implementing applicant tracking systems. Second, these companies have significant spending power on emerging technologies, which is expected to contribute substantial profits to the ATS market.
Recent market initiatives have emerged as the most common strategy in the global applicant tracking system market. Some of the latest initiatives include:
2018: ClearCompany partnered with ADP, LLC to launch Advanced Talent, a talent solution for companies with 100 to 2,000 employees, integrating both ADP Workforce Now and ClearCompany talent tools.
2018: Workable Software released a General Data Protection Regulation (GDPR) feature pack, primarily aimed at helping clients meet essential recruiting requirements.
2018: SAP SE introduced new and updated features to the SAP SuccessFactors HCM Suite, facilitating compliance with privacy laws and data protection for HR leaders worldwide.
Applicant Tracking System (ATS) Market Report ScopeGlobal Applicant Tracking System Market - SegmentationGlobal Applicant Tracking System Market – By Deployment Model
- Cloud
- On-Premises
- Solution
- Service
- BFSI
- IT & Telecommunication
- Manufacturing
- Government
- Retail
- Healthcare
- Others
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- Spain
- U.K
- Rest of Europe
- Asia Pacific (APAC)
- Japan
- China
- India
- Australia
- Rest of APAC
- Middle East & Africa (MEA)
- Saudi Arabia
- South Africa
- UAE
- Rest of MEA
- South America (SAM)
- Brazil
- Rest of SAM
- ApplicantStack
- Oracle Corporation
- iCIMS, Inc.
- Workable Software Ltd.
- Hyrell
- Bullhorn, Inc.
- ClearCompany
- Greenhouse Software, Inc.
- Jobvite Inc.
- Automatic Data Processing, Inc.
- SAP SE
- 4Talent
- Grupo Navent S.R.L
- GUPY Tecnologia em Recrutamento LTDA
- Kenoby
- Pemasys
Please note: Delivery Timeline: 4-5 Business Days
Table of Contents
150 Pages
- 1. INTRODUCTION
- 1.1. SCOPE OF THE STUDY
- 1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
- 1.3. MARKET SEGMENTATION
- 1.3.1 GEO Satellite Market - By Orbit Type
- 1.3.2 GEO Satellite Market - By Application
- 1.3.3 GEO Satellite Market - By Region
- 1.3.3.1 By Country
- 2. KEY TAKEAWAYS
- 3. RESEARCH METHODOLOGY
- 4. GEO SATELLITE MARKET LANDSCAPE
- 4.1. OVERVIEW
- 4.2. PORTER'S FIVE FORCES ANALYSIS
- 4.2.1 Bargaining Power of Buyers
- 4.2.1 Bargaining Power of Suppliers
- 4.2.1 Threat of Substitute
- 4.2.1 Threat of New Entrants
- 4.2.1 Competitive Rivalry
- 4.3. ECOSYSTEM ANALYSIS
- 4.4. EXPERT OPINIONS
- 5. GEO SATELLITE MARKET - KEY MARKET DYNAMICS
- 5.1. KEY MARKET DRIVERS
- 5.2. KEY MARKET RESTRAINTS
- 5.3. KEY MARKET OPPORTUNITIES
- 5.4. FUTURE TRENDS
- 5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
- 6. GEO SATELLITE MARKET - GLOBAL MARKET ANALYSIS
- 6.1. GEO SATELLITE - GLOBAL MARKET OVERVIEW
- 6.2. GEO SATELLITE - GLOBAL MARKET AND FORECAST TO 2028
- 6.3. MARKET POSITIONING/MARKET SHARE
- 7. GEO SATELLITE MARKET - REVENUE AND FORECASTS TO 2028 - ORBIT TYPE
- 7.1. OVERVIEW
- 7.2. ORBIT TYPE MARKET FORECASTS AND ANALYSIS
- 7.3. GEOSYNCHRONOUS ORBITS
- 7.3.1. Overview
- 7.3.2. Geosynchronous Orbits Market Forecast and Analysis
- 7.4. GEOSTATIONARY ORBITS
- 7.4.1. Overview
- 7.4.2. Geostationary Orbits Market Forecast and Analysis
- 8. GEO SATELLITE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
- 8.1. OVERVIEW
- 8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
- 8.3. COMMERCIAL COMMUNICATIONS
- 8.3.1. Overview
- 8.3.2. Commercial Communications Market Forecast and Analysis
- 8.4. EARTH OBSERVATION
- 8.4.1. Overview
- 8.4.2. Earth Observation Market Forecast and Analysis
- 8.5. NAVIGATION
- 8.5.1. Overview
- 8.5.2. Navigation Market Forecast and Analysis
- 8.6. MILITARY SURVEILLANCE
- 8.6.1. Overview
- 8.6.2. Military Surveillance Market Forecast and Analysis
- 8.7. OTHERS
- 8.7.1. Overview
- 8.7.2. Others Market Forecast and Analysis
- 9. GEO SATELLITE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
- 9.1. NORTH AMERICA
- 9.1.1 North America GEO Satellite Market Overview
- 9.1.2 North America GEO Satellite Market Forecasts and Analysis
- 9.1.3 North America GEO Satellite Market Forecasts and Analysis - By Orbit Type
- 9.1.4 North America GEO Satellite Market Forecasts and Analysis - By Application
- 9.1.5 North America GEO Satellite Market Forecasts and Analysis - By Countries
- 9.1.5.1 United States GEO Satellite Market
- 9.1.5.1.1 United States GEO Satellite Market by Orbit Type
- 9.1.5.1.2 United States GEO Satellite Market by Application
- 9.1.5.2 Canada GEO Satellite Market
- 9.1.5.2.1 Canada GEO Satellite Market by Orbit Type
- 9.1.5.2.2 Canada GEO Satellite Market by Application
- 9.1.5.3 Mexico GEO Satellite Market
- 9.1.5.3.1 Mexico GEO Satellite Market by Orbit Type
- 9.1.5.3.2 Mexico GEO Satellite Market by Application
- 9.2. EUROPE
- 9.2.1 Europe GEO Satellite Market Overview
- 9.2.2 Europe GEO Satellite Market Forecasts and Analysis
- 9.2.3 Europe GEO Satellite Market Forecasts and Analysis - By Orbit Type
- 9.2.4 Europe GEO Satellite Market Forecasts and Analysis - By Application
- 9.2.5 Europe GEO Satellite Market Forecasts and Analysis - By Countries
- 9.2.5.1 Germany GEO Satellite Market
- 9.2.5.1.1 Germany GEO Satellite Market by Orbit Type
- 9.2.5.1.2 Germany GEO Satellite Market by Application
- 9.2.5.2 France GEO Satellite Market
- 9.2.5.2.1 France GEO Satellite Market by Orbit Type
- 9.2.5.2.2 France GEO Satellite Market by Application
- 9.2.5.3 Italy GEO Satellite Market
- 9.2.5.3.1 Italy GEO Satellite Market by Orbit Type
- 9.2.5.3.2 Italy GEO Satellite Market by Application
- 9.2.5.4 United Kingdom GEO Satellite Market
- 9.2.5.4.1 United Kingdom GEO Satellite Market by Orbit Type
- 9.2.5.4.2 United Kingdom GEO Satellite Market by Application
- 9.2.5.5 Russia GEO Satellite Market
- 9.2.5.5.1 Russia GEO Satellite Market by Orbit Type
- 9.2.5.5.2 Russia GEO Satellite Market by Application
- 9.2.5.6 Rest of Europe GEO Satellite Market
- 9.2.5.6.1 Rest of Europe GEO Satellite Market by Orbit Type
- 9.2.5.6.2 Rest of Europe GEO Satellite Market by Application
- 9.3. ASIA-PACIFIC
- 9.3.1 Asia-Pacific GEO Satellite Market Overview
- 9.3.2 Asia-Pacific GEO Satellite Market Forecasts and Analysis
- 9.3.3 Asia-Pacific GEO Satellite Market Forecasts and Analysis - By Orbit Type
- 9.3.4 Asia-Pacific GEO Satellite Market Forecasts and Analysis - By Application
- 9.3.5 Asia-Pacific GEO Satellite Market Forecasts and Analysis - By Countries
- 9.3.5.1 Australia GEO Satellite Market
- 9.3.5.1.1 Australia GEO Satellite Market by Orbit Type
- 9.3.5.1.2 Australia GEO Satellite Market by Application
- 9.3.5.2 China GEO Satellite Market
- 9.3.5.2.1 China GEO Satellite Market by Orbit Type
- 9.3.5.2.2 China GEO Satellite Market by Application
- 9.3.5.3 India GEO Satellite Market
- 9.3.5.3.1 India GEO Satellite Market by Orbit Type
- 9.3.5.3.2 India GEO Satellite Market by Application
- 9.3.5.4 Japan GEO Satellite Market
- 9.3.5.4.1 Japan GEO Satellite Market by Orbit Type
- 9.3.5.4.2 Japan GEO Satellite Market by Application
- 9.3.5.5 South Korea GEO Satellite Market
- 9.3.5.5.1 South Korea GEO Satellite Market by Orbit Type
- 9.3.5.5.2 South Korea GEO Satellite Market by Application
- 9.3.5.6 Rest of Asia-Pacific GEO Satellite Market
- 9.3.5.6.1 Rest of Asia-Pacific GEO Satellite Market by Orbit Type
- 9.3.5.6.2 Rest of Asia-Pacific GEO Satellite Market by Application
- 9.4. MIDDLE EAST AND AFRICA
- 9.4.1 Middle East and Africa GEO Satellite Market Overview
- 9.4.2 Middle East and Africa GEO Satellite Market Forecasts and Analysis
- 9.4.3 Middle East and Africa GEO Satellite Market Forecasts and Analysis - By Orbit Type
- 9.4.4 Middle East and Africa GEO Satellite Market Forecasts and Analysis - By Application
- 9.4.5 Middle East and Africa GEO Satellite Market Forecasts and Analysis - By Countries
- 9.4.5.1 South Africa GEO Satellite Market
- 9.4.5.1.1 South Africa GEO Satellite Market by Orbit Type
- 9.4.5.1.2 South Africa GEO Satellite Market by Application
- 9.4.5.2 Saudi Arabia GEO Satellite Market
- 9.4.5.2.1 Saudi Arabia GEO Satellite Market by Orbit Type
- 9.4.5.2.2 Saudi Arabia GEO Satellite Market by Application
- 9.4.5.3 U.A.E GEO Satellite Market
- 9.4.5.3.1 U.A.E GEO Satellite Market by Orbit Type
- 9.4.5.3.2 U.A.E GEO Satellite Market by Application
- 9.4.5.4 Rest of Middle East and Africa GEO Satellite Market
- 9.4.5.4.1 Rest of Middle East and Africa GEO Satellite Market by Orbit Type
- 9.4.5.4.2 Rest of Middle East and Africa GEO Satellite Market by Application
- 9.5. SOUTH AND CENTRAL AMERICA
- 9.5.1 South and Central America GEO Satellite Market Overview
- 9.5.2 South and Central America GEO Satellite Market Forecasts and Analysis
- 9.5.3 South and Central America GEO Satellite Market Forecasts and Analysis - By Orbit Type
- 9.5.4 South and Central America GEO Satellite Market Forecasts and Analysis - By Application
- 9.5.5 South and Central America GEO Satellite Market Forecasts and Analysis - By Countries
- 9.5.5.1 Brazil GEO Satellite Market
- 9.5.5.1.1 Brazil GEO Satellite Market by Orbit Type
- 9.5.5.1.2 Brazil GEO Satellite Market by Application
- 9.5.5.2 Argentina GEO Satellite Market
- 9.5.5.2.1 Argentina GEO Satellite Market by Orbit Type
- 9.5.5.2.2 Argentina GEO Satellite Market by Application
- 9.5.5.3 Rest of South and Central America GEO Satellite Market
- 9.5.5.3.1 Rest of South and Central America GEO Satellite Market by Orbit Type
- 9.5.5.3.2 Rest of South and Central America GEO Satellite Market by Application
- 10. INDUSTRY LANDSCAPE
- 10.1. MERGERS AND ACQUISITIONS
- 10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
- 10.3. NEW PRODUCT LAUNCHES
- 10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
- 11. GEO SATELLITE MARKET, KEY COMPANY PROFILES
- 11.1. AEROASTRO, INC.
- 11.1.1. Key Facts
- 11.1.2. Business Description
- 11.1.3. Products and Services
- 11.1.4. Financial Overview
- 11.1.5. SWOT Analysis
- 11.1.6. Key Developments
- 11.2. AIRBUS DEFENCE AND SPACE
- 11.2.1. Key Facts
- 11.2.2. Business Description
- 11.2.3. Products and Services
- 11.2.4. Financial Overview
- 11.2.5. SWOT Analysis
- 11.2.6. Key Developments
- 11.3. BALL AEROSPACE TECHNOLOGIES CORP.
- 11.3.1. Key Facts
- 11.3.2. Business Description
- 11.3.3. Products and Services
- 11.3.4. Financial Overview
- 11.3.5. SWOT Analysis
- 11.3.6. Key Developments
- 11.4. BOEING DEFENSE, SPACE SECURITY
- 11.4.1. Key Facts
- 11.4.2. Business Description
- 11.4.3. Products and Services
- 11.4.4. Financial Overview
- 11.4.5. SWOT Analysis
- 11.4.6. Key Developments
- 11.5. JSC INFORMATION SATELLITE SYSTEMS
- 11.5.1. Key Facts
- 11.5.2. Business Description
- 11.5.3. Products and Services
- 11.5.4. Financial Overview
- 11.5.5. SWOT Analysis
- 11.5.6. Key Developments
- 11.6. LOCKHEED MARTIN
- 11.6.1. Key Facts
- 11.6.2. Business Description
- 11.6.3. Products and Services
- 11.6.4. Financial Overview
- 11.6.5. SWOT Analysis
- 11.6.6. Key Developments
- 11.7. OHB SYSTEM AG
- 11.7.1. Key Facts
- 11.7.2. Business Description
- 11.7.3. Products and Services
- 11.7.4. Financial Overview
- 11.7.5. SWOT Analysis
- 11.7.6. Key Developments
- 11.8. ORBITAL ATK
- 11.8.1. Key Facts
- 11.8.2. Business Description
- 11.8.3. Products and Services
- 11.8.4. Financial Overview
- 11.8.5. SWOT Analysis
- 11.8.6. Key Developments
- 11.9. SSL
- 11.9.1. Key Facts
- 11.9.2. Business Description
- 11.9.3. Products and Services
- 11.9.4. Financial Overview
- 11.9.5. SWOT Analysis
- 11.9.6. Key Developments
- 11.10. THALES ALENIA SPACE
- 11.10.1. Key Facts
- 11.10.2. Business Description
- 11.10.3. Products and Services
- 11.10.4. Financial Overview
- 11.10.5. SWOT Analysis
- 11.10.6. Key Developments
- 12. APPENDIX
- 12.1. ABOUT THE INSIGHT PARTNERS
- 12.2. GLOSSARY OF TERMS
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.