Global $1.34 Bn Applicant Tracking System Market to 2025 - Gaining Prominence Of The Cloud Based Applicant Tracking Software

DUBLIN, Dec 13, 2018 /PRNewswire/ --

The "Applicant Tracking System Market to 2025 - Global Analysis and Forecasts by Deployment Model; Component; and End-user" report has been added to ResearchAndMarkets.com's offering.

The global applicant tracking system market accounted to US$ 675.3 Mn in 2017 and is expected to grow at a CAGR of 9.2% during the forecast period 2018 - 2025, to account to US$ 1345.7 Mn by 2025.

Driving factors such as demand for time-efficient selection systems owing to rising number of job applicants, and gaining prominence of the cloud-based applicant tracking system are anticipated to have a huge impact on the development of applicant tracking system market in the coming years.

The key trend which will predominantly affect the applicant tracking system market in the coming year is the integration of artificial intelligence with ATS system for enhanced capabilities. As the HR groups in the coming years are expected to raise the demand for solutions, which in response would further enhance the employment curve and understand not only the effects of AI on their workforces but also the benefit of incorporating new and exciting tools into their workflows, especially for recruitment. With a plethora of startups out there in this space, it's easy for talent acquisition teams to experiment and find what works for them.

Applicant tracking system market by end-user is segmented into IT & Telecom, retail, BFSI, Retail & Consumer Goods, Manufacturing, healthcare, government & others. Despite slightly gloomy employment outlook, the IT & telecom sector is expected to boost the adoption of applicant tracking systems based on two major factors. The first one it's the rising demand of talents across the globe and increasing count of applicants every day. In order to effectively manage these employees, the IT & Telecom companies are increasingly deploying applicant tracking systems.

The second factor is the spending capability of the IT & Telecom companies. IT & Telecom imbibe the highest spending capability on the upcoming technologies owing to which the sector is expected to contribute significant profits to the applicant tracking system.

Key Topics Covered:

1. Introduction

1.1 Scope Of The Study

1.2 Research Report Guidance

2. Key Takeaways

3. Market Landscape

3.1 Market Overview

3.2 Market Segmentation

3.3 Pest Analysis

4. Global Applicant Tracking System Market - Key Industry Dynamics

4.1 Key Market Drivers

4.1.1 Demand For Time Efficient Selection Systems Owing To Rising Number Of Job Applicants

4.1.2 Gaining Prominence Of The Cloud Based Applicant Tracking Software

4.2 Key Market Restraints

4.2.1 Outages, Data Mobility And Data Security Concerns

4.3 Key Market Opportunities

4.3.1 Mobile Based Recruitment To Bring Ample Opportunity To The Market

4.4 Future Trends

4.4.1 Artificial Intelligence Is Expected To Impact Capacity And Skills Required

4.5 Impact Analysis Of Drivers And Restraints

5. Applicant Tracking System Market - Global

5.1 Global Applicant Tracking System Market Overview

5.2 Global Applicant Tracking System Market Forecast And Analysis

6. Global Applicant Tracking System Market Analysis - By Deployment Model

6.1 Overview

6.2 Cloud Market

6.3 On-Premise

7. Global Applicant Tracking System Market Analysis - By Copmonent

7.1 Overview

7.2 Solution

7.3 Service

8. Global Applicant Tracking System Market Analysis - By End-User

8.1 Overview

8.2 Bfsi

8.3 It & Telecom

8.4 Manufacturing

8.5 Government

8.6 Retail & Consumer Goods

8.7 Healthcare

8.8 Others

9. Global Applicant Tracking System Market - Geographical Analysis

10. Industry Landscape

10.1 Market Initiative

10.2 Merger And Acquisition

10.3 New Product Development

11. Competitive Landscape

11.1 Competitive Product Mapping

11.2 Market Positioning - Global Top 5 Players Ranking

12. Global Applicant Tracking System Market - Key Company Profiles

• 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
• Pemasys

For more information about this report visit https://www.researchandmarkets.com/research/nkfqs3/global_1_34_bn?w=5

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