Report Description Table Of Content Research Methodology Download Free Sample

Market Snapshot

CAGR:8.75

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	8.75

Gain accurate insights regarding the negative impacts of COVID-19 on all markets and industries

Download Sample Pdf

Report Overview

The Applicant Tracking System (ATS) Market is projected to grow at a Compound Annual Growth Rate (CAGR) of 6.85% between 2022 and 2032. The market size is anticipated to increase by USD 1,982.15 million during this period. Several factors contribute to the growth of this market, including the rising demand for efficient recruitment processes, increasing adoption of technology in HR management, and the need for streamlining the hiring process in a competitive job market. An ATS refers to a software application that automates and simplifies the recruitment process by managing job postings, collecting resumes, screening candidates, and facilitating communication between employers and applicants. It plays a crucial role in optimizing hiring procedures, saving time, and improving the overall recruitment experience.

Applicant Tracking System Market Overview:

Drivers:

A key driver of the ATS market growth is the need for efficient recruitment processes. As businesses continue to expand and job markets become more competitive, organizations require streamlined and effective ways to attract, evaluate, and hire top talent. ATS platforms offer tools that enhance the recruitment process, including automated resume screening, interview scheduling, and centralized candidate databases. These features improve the overall efficiency and effectiveness of recruitment operations, making the adoption of ATS systems increasingly appealing to companies of all sizes.

Furthermore, the integration of technology in HR management is significantly influencing the ATS market. As businesses recognize the importance of data-driven decision-making, AI-driven analytics and insights provided by ATS platforms play a pivotal role in refining recruitment strategies, reducing time-to-hire, and enhancing the quality of hires.

Trends:

The integration of Artificial Intelligence (AI) and Machine Learning (ML) capabilities within ATS platforms is a significant trend shaping the market growth. AI-powered ATS systems can automate mundane tasks, such as resume screening and initial candidate assessments, allowing HR professionals to focus on more strategic aspects of recruitment. These platforms can also analyze historical hiring data to identify trends and optimize recruitment strategies. The growing demand for AI-powered tools and the need for data-driven recruitment processes are expected to drive the adoption of advanced ATS solutions.

Moreover, the rise of remote work and virtual recruitment events has prompted the development of features that facilitate remote hiring processes. ATS platforms are evolving to include virtual interview scheduling, video interviewing capabilities, and collaborative candidate evaluation tools. As remote work becomes more entrenched in the professional landscape, these features are likely to become essential components of modern ATS solutions.

Restraints:

One of the challenges hindering the growth of the ATS market is the resistance to change within traditional HR practices. Some organizations, especially those with established recruitment methods, may be hesitant to adopt new technologies due to concerns about implementation, training, and potential disruptions to existing processes. Overcoming this resistance and effectively demonstrating the benefits of ATS systems in terms of time and cost savings can be a significant hurdle for ATS providers.

Additionally, data privacy and security concerns related to applicant data stored within ATS platforms could impact adoption rates. With increased scrutiny on data protection laws and regulations, ATS vendors must ensure robust security measures and compliance mechanisms to alleviate these concerns.

Applicant Tracking System Market Segmentation By Function:

The Recruitment Management segment is poised for substantial growth within the ATS market. As organizations strive to attract the best talent efficiently, ATS platforms offer features that streamline the recruitment process from job posting to onboarding. These platforms enable automated job posting distribution, resume screening, interview scheduling, and candidate communication. The ability to track and manage candidate interactions in a centralized system enhances collaboration among HR teams and hiring managers, contributing to improved hiring outcomes.

Applicant Tracking System Market Segmentation By Deployment:

The Cloud-based Deployment segment is expected to witness remarkable growth due to its scalability, flexibility, and cost-effectiveness. Cloud-based ATS solutions eliminate the need for on-premises infrastructure and offer remote access, making them well-suited for organizations of various sizes. The scalability of cloud-based ATS platforms allows businesses to adapt their hiring processes based on fluctuating recruitment needs, providing a competitive advantage in dynamic job markets.

Regional Overview:

Download the report summary now!
Request pdf Sample

North America is projected to account for a significant share of the ATS market during the forecast period. The region's dominance can be attributed to its robust technological infrastructure, early adoption of HR tech solutions, and a highly competitive job market that drives the demand for efficient recruitment tools. The presence of major players in the ATS industry, coupled with the continuous emphasis on optimizing HR processes for better talent acquisition, further contributes to the growth of the market in North America.

In the aftermath of the COVID-19 pandemic, ATS platforms have become instrumental in enabling remote recruitment processes. The pandemic accelerated the adoption of remote work practices, leading to a surge in demand for digital recruitment solutions. As companies increasingly realize the benefits of virtual recruitment events, video interviews, and collaborative candidate evaluation facilitated by ATS systems, the market is expected to gain momentum.

Applicant Tracking System Market Customer Landscape:

The ATS market report includes an analysis of the adoption lifecycle, covering the journey from early adopters to more mainstream usage. It also highlights key factors influencing purchasing decisions and the degree of price sensitivity among different segments of customers, aiding businesses in refining their growth strategies.

Major Applicant Tracking System Market Companies:

ATS providers are employing various strategies, such as strategic partnerships, mergers and acquisitions, product innovation, and geographical expansion, to enhance their market presence.

Oracle Corporation: The company offers ATS solutions like Oracle Taleo Cloud Service, providing comprehensive recruiting and onboarding capabilities to streamline talent acquisition processes.
Workday, Inc.: Workday's Human Capital Management platform includes ATS functionalities that help organizations manage end-to-end recruitment, from sourcing to onboarding, within a unified system.
SAP SE: SAP SuccessFactors provides ATS capabilities as part of its suite of human capital management solutions, enabling organizations to attract, engage, and hire top talent effectively.

The report also provides an in-depth analysis of the competitive landscape, featuring information on key ATS companies, including:

Greenhouse Software, Inc.
IBM Corporation
iCIMS, Inc.
Jobvite, Inc.
Paycor, Inc.
SmartRecruiters Inc.
Ultimate Software Group, Inc. (now part of Kronos Incorporated)
Workable Software Limited
Zoho Corporation Pvt. Ltd.

The competitive landscape analysis encompasses qualitative and quantitative assessments of the companies, categorizing them based on their focus and strength within the ATS market. This information aids businesses in understanding the industry's dynamics and the positioning of key market players.

Segment Overview:

The ATS market report forecasts growth in terms of revenue at the global, regional, and country levels, offering insights into the latest trends and growth opportunities from 2019 to 2032.

Function Outlook (USD Million, 2019 - 2032)

Recruitment Management
Resume Parsing & Storage
Interview Management
Onboarding

Deployment Outlook (USD Million, 2019 - 2032)

Cloud-based
On-premises

Geography Outlook (USD Million, 2019 - 2032)

North America

The U.S.
Canada

Europe

U.K.
Germany
France
Rest of Europe

APAC

China
India

South America

Brazil
Argentina
Chile

Middle East & Africa

Saudi Arabia
South Africa
Rest of the Middle East & Africa

TABLE OF CONTENTS: GLOBAL APPLICANT TRACKING SYSTEM MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. APPLICANT TRACKING SYSTEM MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Applicant Tracking System Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.5.1. Power Of Suppliers

4.5.2. Power Of Buyers

4.5.3. Threat Of Substitutes

4.5.4. Threat Of New Entrants

4.5.5. Competitive Rivalry

Chapter 5. APPLICANT TRACKING SYSTEM MARKET BY Deployment INSIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2. On-premises

5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3. Cloud

5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. APPLICANT TRACKING SYSTEM MARKET BY Offering INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2. Software

6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3. Services

6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. APPLICANT TRACKING SYSTEM MARKET REGIONAL OUTLOOK

7.1. Applicant Tracking System Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

7.2.1. North America Applicant Tracking System Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.2. North America Applicant Tracking System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.3. North America Applicant Tracking System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.4. North America Applicant Tracking System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

7.2.5.1. U.S. Applicant Tracking System Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.5.2. U.S. Applicant Tracking System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.5.3. U.S. Applicant Tracking System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.5.4. U.S. Applicant Tracking System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

7.2.6.1. Canada Applicant Tracking System Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.6.2. Canada Applicant Tracking System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.6.3. Canada Applicant Tracking System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.6.4. Canada Applicant Tracking System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

7.3.1. Europe Applicant Tracking System Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.2. Europe Applicant Tracking System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.3. Europe Applicant Tracking System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.4. Europe Applicant Tracking System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

7.3.5.1. Germany Applicant Tracking System Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.5.2. Germany Applicant Tracking System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.5.3. Germany Applicant Tracking System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.5.4. Germany Applicant Tracking System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

7.3.6.1. France Applicant Tracking System Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.6.2. France Applicant Tracking System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.6.3. France Applicant Tracking System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.6.4. France Applicant Tracking System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

7.3.7.1. U.K. Applicant Tracking System Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.7.2. U.K. Applicant Tracking System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.7.3. U.K. Applicant Tracking System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.7.4. U.K. Applicant Tracking System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

7.4.1. Asia Pacific Applicant Tracking System Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.2. Asia Pacific Applicant Tracking System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.3. Asia Pacific Applicant Tracking System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.4. Asia Pacific Applicant Tracking System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.5. CHINA

7.4.5.1. China Applicant Tracking System Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.5.2. China Applicant Tracking System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.5.3. China Applicant Tracking System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.5.4. China Applicant Tracking System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

7.4.6.1. India Applicant Tracking System Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.6.2. India Applicant Tracking System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.6.3. India Applicant Tracking System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.6.4. India Applicant Tracking System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

7.4.7.1. Japan Applicant Tracking System Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.7.2. Japan Applicant Tracking System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.7.3. Japan Applicant Tracking System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.7.4. Japan Applicant Tracking System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

7.4.8.1. Australia Applicant Tracking System Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.8.2. Australia Applicant Tracking System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.8.3. Australia Applicant Tracking System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.8.4. Australia Applicant Tracking System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

7.5.1. Mea Applicant Tracking System Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.5.2. Mea Applicant Tracking System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.5.3. Mea Applicant Tracking System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.5.4. Mea Applicant Tracking System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

7.6.1. Latin America Applicant Tracking System Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.6.2. Latin America Applicant Tracking System Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.6.3. Latin America Applicant Tracking System Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.6.4. Latin America Applicant Tracking System Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

7.6.5. Latin America Applicant Tracking System Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

8.2.1. New Product Launches

8.2.2. Investment & Expansion

8.2.3. Acquisitions

8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

8.3.1. North American Suppliers

8.3.2. European Suppliers

8.3.3. Asia-Pacific Suppliers

8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1. SAP

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Insights

9.1.4. Strategic Initiatives

9.2. Oracle

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. Product Insights

9.2.4. Strategic Initiatives

9.3. IBM

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. Product Insights

9.3.4. Strategic Initiatives

9.4. Cornerstone

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. Product Insights

9.4.4. Strategic Initiatives

9.5. PeopleFluent

9.5.1. Company Overview

9.5.2. Financial Performance

9.5.3. Product Insights

9.5.4. Strategic Initiatives

9.6. iCIMS

9.6.1. Company Overview

9.6.2. Financial Performance

9.6.3. Product Insights

9.6.4. Strategic Initiatives

9.7. ADP

9.7.1. Company Overview

9.7.2. Financial Performance

9.7.3. Product Insights

9.7.4. Strategic Initiatives

9.8. Jobvite

9.8.1. Company Overview

9.8.2. Financial Performance

9.8.3. Product Insights

9.8.4. Strategic Initiatives

9.9. BambooHR

9.9.1. Company Overview

9.9.2. Financial Performance

9.9.3. Product Insights

9.9.4. Strategic Initiatives

9.10. SilkRoad Technology

9.10.1. Company Overview

9.10.2. Financial Performance

9.10.3. Product Insights

9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

You can also purchase parts of this report. Do you want to check out a section wise price list?

Request for Special Pricing

Personalized Business Report Tailored to Your Requirements

Our expert analysts collaborate directly with you to comprehend your specific needs.
Get data on regions, segments, competitors, and vendors of your choice.
Information is presented in alignment with your exact preferences and formatting.

Request for customization

Ask For Discount

Free Sample Report

"Find new revenue generation opportunities"

Applicant Tracking System Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032