Applicant Tracking Systems Market to Set Phenomenal Growth by 2025 | Oracle, IBM, SAP, Cornerstone, ADP, Icims

“Applicant Tracking Systems Market”
HTF MI released Applicant Tracking Systems market research study .Check what differences transitions in customer choices may bring?

HTF Market Intelligence released a new research report of 200 pages on title ‘Global Applicant Tracking Systems  Market Size study by Deployment (On-Premises, Cloud),Organization Size  ( Small and Medium-Sized Enterprises, Large Enterprises), Vertical (Banking, Financial Services, and Insurance, Government and Public Sector, IT and Telecommunications,  Retail and Consumer Goods, Manufacturing, Healthcare and Life Sciences and others) and Regional Forecasts 2018-2025 ‘  with detailed analysis, forecast and strategies. The study covers key regions that includes North America,U.S., Canada, Europe, UK, Germany, Asia Pacific, China, India, Japan, Latin America, Brazil, Mexico, Rest of the World and important players such as Oracle,  IBM, SAP, Cornerstone, ADP, Icims, Jobvite,  Peoplefluent,   Silkroad Technology, Paycor, Greenhouse Software, Workday, Ultimate Software, Jazzhr, Swipeclock etc

 

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Summary

Global applicant tracking systems market valued approximately USD 1095 million in 2017 is anticipated to grow with a healthy growth rate of more than 10.4% over the forecast period 2017-2025.

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. In addition, applicant tracking system also includes automated resume raking, response tracking, prescreening questions and others. 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. However, lack of awareness about the benefits of applicant tracking systems is considered as the key restraining factor in the market growth over the forecast period. However, increasing demand for mobile recruitment and collaboration with social media platforms are creating huge growth opportunity in the market over the forecast period.

 

The regional analysis of Global Applicant Tracking System (ATS) Market considered the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Among these North America and Europe are the mature markets for the applicant tracking systems, together holding more than 70% share of the total market revenue in 2017. North America Applicant Tracking System Market size is estimated around USD 448.8 million in 2017, growing at a CAGR of 9.7% over the forecast period 2017-2025. The growth in North America market is primarily driven by the early adoption of technology as well as the availability of skilled personnel. Furthermore, the companies in the region are highly active in the cross-border recruitments, which has been a major reason for the adoption of applicant tracking systems. However, the changing government policies with respect of employee outsourcing may restrict the market growth over the forecast period. The Asia Pacific region is projected to grow at the highest CAGR of 11.8% during forecast period 2018-2025. The APAC market is majorly driven by the developing IT infrastructure and rising adoption of Enterprise IT. The companies are actively seeking adoption of cost-effective solutions to optimize their recruitment process. The concept of using a recruitment software is very helpful around the world market. Many large players in the market have been using recruitment software and they seem satisfied with the way it has streamlined and automated their recruitment processes.

Market player included in this report are:

Oracle,  IBM, SAP, Cornerstone, ADP, Icims, Jobvite,  Peoplefluent,   Silkroad Technology, Paycor, Greenhouse Software, Workday, Ultimate Software, Jazzhr, Swipeclock  

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:

 On-Premises

Cloud 

Organization Size

Small and Medium-Sized Enterprises

Large Enterprises

Vertical

Banking Financial Services, and Insurance

Government and Public Sector

IT and Telecommunications, 

Retail and Consumer Goods

 Manufacturing,

Healthcare and Life Sciences 

 Others

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By Regions:

North America

U.S.

Canada

Europe

UK

Germany

Asia Pacific

China

India

Japan

Latin America

Brazil

Mexico

Rest of the World

 

Furthermore, years considered for the study are as follows:

 

Historical year – 2015, 2016

Base year – 2017

Forecast period – 2018 to 2025

 

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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TABLE OF CONTENTS

 

Chapter 1.           Executive Summary

1.1.         Market Snapshot

1.2.         Key Trends

1.3.         Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Million)

1.3.1.     Applicant Tracking System Market, by Component, 2015-2025 (USD Million)

1.3.2.     Applicant Tracking System Market, by Deployment, 2015-2025 (USD Million)

1.3.3.     Applicant Tracking System Market, by Organization Size, 2015-2025 (USD Million)

1.3.4.     Applicant Tracking System Market, by  Vertical, 2015-2025 (USD Million)

1.3.5.     Applicant Tracking System Market, by Region, 2015-2025 (USD Million)

1.4.         Estimation Methodology

1.5.         Research Assumption

Chapter 2.           Global Applicant Tracking System Market Definition and Scope

2.1.         Objective of the Study

2.2.         Market Definition & Scope

2.2.1.     Industry Evolution

2.2.2.     Scope of the Study

2.3.         Years Considered for the Study

2.4.         Currency Conversion Rates

Chapter 3.           Global Applicant Tracking System Market Dynamics        

3.1.         See Saw Analysis

3.1.1.     Market Drivers

3.1.2.     Market Challenges

3.1.3.     Market Opportunities

 

….Continued

 

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