Applicant Tracking System Market Trends, Innovations, and Forecast 2030

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The global applicant tracking system market is expected to reach USD 3.10 billion by 2030, at a CAGR of 9% during the forecast period 2021 to 2030.

An applicant tracking system (ATS) is software that helps companies streamline the hiring process. It allows for job posting, resume screening, interview scheduling, and tracking of candidates throughout the recruitment cycle. Key features include automated resume rating, customizable input forms, pre-screening questions, and response tracking. The demand for ATS is rising due to its ability to boost efficiency and productivity through automation. The shift from traditional hiring methods to digital recruitment, especially through social media platforms like LinkedIn and Facebook, is fueling market growth. As hiring becomes more tech-driven, ATS solutions are evolving to address common recruiting challenges.

This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Applicant Tracking System market. The survey included a diverse set of players, including a balance of leading and growing manufacturers for business profiling, such as;

BambooHR LLC, Cornerstone OnDemand, Inc., IBM Corporation, iCIMS, Inc., Oracle, Paycor, Inc., Peoplefluent, SAP SE, Workday, Inc., Zoho Corporation Pvt. Ltd

Our expert team is consistently working on updated data and information on the key player's related business processes that value the market for future strategies and predictions

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Market Segmentation:

By Component Type

  • Solutions
  • Services

By Deployment

  • On-Premise
  • Cloud

Covered in this Report:

1. Go-to-market Strategy.
2. Neutral perspective on the market performance.
3. Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, QMI quadrant, and other significant analysis, as well as development status.
4. Customized regional/country reports as per request and country level analysis.
5. Potential & niche segments and regions exhibiting promising growth covered.
6.Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

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Industry Developments:

In October 2021, Pillar announced that they will be putting out a platform for interview intelligence. By combining AI with in-interview coaching, the platform gives companies an accurate way to figure out if a candidate is right for a job during the interview process.

Regional Analysis for Applicant Tracking System Market:

✫ North America: (U.S., Canada, Mexico)
✫ Europe: (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
✫ Asia-Pacific: (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
✫ South America: (Colombia, Brazil, Argentina, Rest of South America)
✫ Middle East & Africa: (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

⏩ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
⏩ Top-down and bottom-up approach for regional analysis
⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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Frequently asked questions:

➥ What is the market size of the Applicant Tracking System market?
➥ What is the market growth rate of the Applicant Tracking System market?
➥ What are the Applicant Tracking System market opportunities and threats faced by the vendors in the global Applicant Tracking System Industry?
➥ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➥ What focused approach and constraints are holding the Applicant Tracking System market?
➥ What are the different sales, marketing, and distribution channels in the global industry?

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