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Growth in the Asian economy to raise applicant tracking system Market by 2025 with a CAGR of 9.2%.
The "Applicant tracking system (ATS) Market to 2025 by Deployment Model (Cloud and On-Premise); Component (Solution and Services); End-user (BFSI, IT & Telecommunication, Manufacturing, and Government) -Global Analysis and Forecast" The scope of study involves understanding on the factors responsible for this growth of Applicant tracking system (ATS) market along with the estimates and forecasts of the revenue and market share analysis and also spots the significant Applicant tracking system (ATS) players in the market and their key developments.
Applicant tracking system (ATS) Market to 2025 - Global Analysis and Forecast by Deployment Model, component, and end-user, Applicant tracking system (ATS) market is expected to grow US$ 1345.7 Mn by 2025 from US$ 675.3 Mn in 2017. The global applicant tracking system (ATS) market is experiencing an exponential growth with regards to the innovations, investments, and deployment for future in the current scenario and is anticipated to rise in the coming years. The market for applicant tracking system (ATS) consists of some well-established players across the globe, which invest huge amounts in order to deliver the most advanced product to the customers. These well-established players in the applicant tracking system (ATS) market long with a plethora of new entrants in the market comprise of myriad tools, and techniques for applicant tracking system (ATS) and present different solutions for the customers to solve the complex situations and put in-line the business operations strategies.
The APAC region has been attracting large count of businesses for expansion of their existing operations. Also, due to the rising economic importance of region, the demand for applicant tracking system is being impacted directly. There are various challenges and opportunities for the applicant tracking system market that exist specific to this region, which also includes the incongruent behavior of the region and numerous legislations that create compliance hindrance. However, the rapidly increasing population of young and highly skilled professionals is anticipated to generate significant demand for screening services in region.
Some of the remarkable partnership and collaboration in this industry. For instance, Greenhouse Software announced its partnership with IBM Watson for the integration of IBM Watson for providing innovative solution suite that enables the customers to measure its teams by providing an excellent candidate experience, and also iCIMS announced its partnership with Ultimate Software Group, Inc., for offering unified platform-to-platform integration among iCIMS’ talent acquisition software and Ultimate’s suite of HR, talent management and payroll products.
The top companies operating in the field of applicant tracking system include, 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 and Pemasys among others operating in the market and are coming up with new technologies and offerings which is helping the market for applicant tracking system to expand over the years in terms of revenue and subscription.
The report segments the global applicant tracking system (ATS) market as follows:
Global Applicant Tracking System Market - By Deployment Model
Global Applicant Tracking System Market - By Component
Global Applicant Tracking System Market - By End-user
Global Applicant tracking system (ATS) Market - By Geography
Asia Pacific (APAC)
Middle East & Africa (MEA)
South America (SAM)
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