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Applicant Tracking Systems Market 2019Description: -
The global applicant tracking systems (ATS) market is likely to ramp up in a significant manner. ATS is software which is used to short list the candidates by selecting their resumes and with key benefits such as scheduling interview and tracking of the candidates, ATS is gaining wider popularity among the organizations. It further makes the recruitment process effortless and most of the organizations these days are using some form of applicant tracking system to manage job applications and higher volume of resume data.
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Major Key Players
• Oracle Corporation (U.S.)
• BambooHR (U.S.)
• Cornerstone OnDemand Inc. (U.S.)
• ExactHire (U.S.)
• IBM Corporation (U.S.)
• Jobvite Inc. (U.S.)
• Lumesse Limited (England)
• Paycor (U.S.)
• SAP (SuccessFactors) (Germany)
• Workday, Inc. (U.S.)
• ApplicantStack (U.S.)
• Hyrell (U.S.)
• iCIMS, Inc. (U.S.)
• Bullhorn, Inc. (U.S.)
• ClearCompany (U.S.)
• Findly Talent LLC (U.S.)
• Others
In addition, with the usage of advanced cloud technology services that makes accessing the data easier is inspiring companies to use ATS in day to day operational task. Also, with the evolving cloud based platforms that further helps in developing new technology will further propel the market size of applicant tracking system in the future. By using Applicant tracking software, the businesses are able to promote their brand and make them more familiar among more number of people, especially among the qualified job seekers.
However, some of the main challenges faced by the key players doing business in the global ATS market are also examined in the report. Complexity in process automation & integration, concerns regarding the data security & privacy might impact the market growth in the coming years.
Market Segmentation
The market of global applicant tracking systems has been segregated into type and application. Type wise, the worldwide market is divided into Cloud-based technology and On-premise. As per the application, the market has been divided into small and Large Enterprises. In terms of the application, the large enterprises segment holds the largest market in the past and is expected to grow significantly in the future as well. By using an application tracking system, recruiters and HR personnel in the bigger organizations are able to manage communication and enhance the branding to a much greater extent.
Detailed Regional Analysis
The global market of the applicant tracking systems has been analyzed across North America which covers the United States, Canada, Mexico; European region covering Germany, UK, France, Italy, Russia, Spain etc; APAC region; and rest of the world. Due the rapidly growing technology in the United States, and Canada, the North America region is estimated to hold the largest share in the coming years. Presence of large enterprises in the region is one of the main reasons driving the market size greatly; besides increasing investments from several organizations for technology advancement will further propel the market size greatly in the coming years.
Competitive Landscape
The key players in the global applicant tracking systems market are getting more engaged in developing new solutions with an aim to strengthen their presence in the key markets. Many key players operating in the market might foray into new territories via mergers & acquisitions or by forming alliance with regional companies in the coming years.
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Table of Contents – Major Key Points
1 Executive Summary
2 Scope Of The Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview Of Global Applicant Tracking Systems Market
6 Market Trends
7. Global Applicant Tracking Systems Market By Services
8. Global Applicant Tracking Systems Market By Deployment
Continued…
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