Applicant Tracking System Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	150 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19260809

Best Price Guarantee
Price	from $4,850
Length	150 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19260809

Applicant Tracking System Market

Growth Factors of Applicant Tracking System Market

The applicant tracking system market size was valued at USD 14.14 billion in 2022, and the market is now projected to grow from USD 15.03 billion in 2023 to USD 26.24 billion by 2030, exhibiting a CAGR of 8.3% during the forecast period of 2023-2030.

The demand for virtual recruiting solutions surged during the pandemic because of the worldwide lockdown and the applicant tracking system market growth. ATS tools enable remote recruitment with functionalities such as video interviewing, data analysis and collective evaluations. Virtual skill assessments and AI-based evaluations were increasingly adopted. These tools allow companies to adjust their hiring strategies and make data-driven decisions. As a result, recruiters focused more on virtual hiring solutions to meet demands.

Enhanced candidate experience through applicant tracking systems (ATS) market. These systems streamline the application process, offer status tracking and improve communication between candidates and recruiters. Features such as dashboards and notifications help recruiters stay organized and responsive. A smoother, well-monitored process creates a positive experience for candidates. This focus on better interactions is expected to boost the applicant tracking system market share.

Additionally, the market is experiencing positive impacts from the increasing adoption of robust and adaptive cloud solutions for recruitment. Cloud services are used to pursue affordable storage for data needs and nearly endless computation. This approach helps businesses manage applications and provides easy and efficient methods for analytics. SMEs keep making the systems better with tools such as Infrastructure as a Service (IaaS) and Software as a Service (SaaS). Also, cloud-based security solutions make organizations concerned with data vulnerability shift away from on-premise applications augmenting the skills gap in applicant tracking systems.

Comprehensive Analysis of Applicant Tracking System Market

The applicant tracking system market and the information and communication technology industry are growing at an exponential rate due to their efficient market segmentation. This market expansion also offers comprehensive regional appraisals taking into account the main supply and demand factors in the information & communication technology sector. These segmentations are methodically segregated by deployment, by enterprise type and by end-user. The deployment includes, Cloud-based and On-premise. The enterprise type includes, Large Enterprises and Small & Medium Enterprises. The end-user includes, BFSI, IT & Telecom, Manufacturing, Retail & Consumer Goods, Healthcare and Others.

North America dominates the global applicant tracking system market due to innovative digital applications. Major international companies headquartered in the region prioritize streamlining recruitment processes and reducing manual tasks. The region is believed to be the highest revenue generator in the ATS market as most companies globally have their main bases in North America. Also, various firms in the region do not want recruitment processes to be cumbersome and they also do not wish to engage in numerous manual tasks, which makes ATS appealing. Therefore, growth in digitization in the region is positively impacting the market.

Market players are responsible in the information & communication technology industry for ensuring industrial prospectus growth and establishing market norms. These players include, IBM Corporation (U.S.), iCIMS (U.S.), Oracle Corporation (Germany), PeopleFluent (U.S.), Cornerstone (U.S.), Workday (U.S.), Bullhorn, Inc. (U.S.), Jobvite (U.S.), ADP, Inc. (U.S.) and SAP (Germany).

In June 2023, IBM Corporation revealed that it would acquire Apptio Inc., an economic and operational IT decision-making solution provider. Apptio will also accelerate the IBM IT automation capability building and enable enterprising leaders to derive still more of a business edge out of their technology resources.

Segmentation Table

Global Applicant Tracking System Market Scope

Study Period 2017-2030

Base Year 2022

Forecast Period 2023-2030

Growth Rate CAGR of 8.3% from 2023 to 2030

Historical Period 2017-2021

Unit Value (USD Billion)

Segmentation By Deployment, Enterprise Type, End-user, and Region

By Deployment Cloud-based

On-premise

By Enterprise Type Large Enterprises

Small & Medium Enterprises

By End-user BFSI

IT & Telecom

Manufacturing

Retail & Consumer Goods

Healthcare

Others (Government, etc.)

By Region North America (By Deployment, By Enterprise Type, By End-user, and By Country)

U.S. (By End-user)
Canada (By End-user)
Mexico (By End-user)

South America (By Deployment, By Enterprise Type, By End-user, and By Country)

Brazil (By End-user)
Argentina (By End-user)
Rest of South America

Europe (By Deployment, By Enterprise Type, By End-user, and By Country)

Germany (By End-user)
France (By End-user)
Italy (By End-user)
Spain (By End-user)
Russia (By End-user)
Benelux (By End-user)
Nordics (By End-user)
Rest of Europe

Middle East & Africa (By Deployment, By Enterprise Type, By End-user, and By Country)

Turkey (By End-user)
Israel (By End-user)
GCC (By End-user)
South Africa (By End-user)
North Africa (By End-user)
Rest of the Middle East & Africa

Asia Pacific (By Deployment, By Enterprise Type, By End-user, and By Country)

China (By End-user)
India (By End-user)
Japan (By End-user)
South Korea (By End-user)
ASEAN (By End-user)
Oceania (By End-user)
Rest of Asia Pacific

Please Note:

1. Introduction: 1.1. Definition, By Segment; 1.2. Research Methodology/Approach; 1.3. Data Sources
2. Executive Summary
3. Market Dynamics: 3.1. Macro and Micro Economic Indicators; 3.2. Drivers, Restraints, Opportunities and Trends; 3.3. Impact of COVID-19
4. Competition Landscape: 4.1. Business Strategies Adopted by Key Players; 4.2. Consolidated SWOT Analysis of Key Players; 4.3. Global Applicant Tracking System Key Players Market Share/Ranking, 2022
5. Global Applicant Tracking System Market Size Estimates and Forecasts, By Segments, 2017-2030: 5.1. Key Findings; 5.2. By Deployment (USD); 5.2.1. Cloud-based; 5.2.2. On-premise; 5.3. By Enterprise Type (USD); 5.3.1. Large Enterprises; 5.3.2. Small & Medium Enterprises; 5.4. By End-user (USD); 5.4.1. BFSI; 5.4.2. IT & Telecom; 5.4.3. Manufacturing; 5.4.4. Retail & Consumer Goods; 5.4.5. Healthcare; 5.4.6. Others (Government, etc.); 5.5. By Region (USD); 5.5.1. North America; 5.5.2. South America; 5.5.3. Europe; 5.5.4. Middle East & Africa; 5.5.5. Asia Pacific
6. North America Applicant Tracking System Market Size Estimates and Forecasts, By Segments, 2017-2030: 6.1. Key Findings; 6.2. By Deployment (USD); 6.2.1. Cloud-based; 6.2.2. On-premise; 6.3. By Enterprise Type (USD); 6.3.1. Large Enterprises; 6.3.2. Small & Medium Enterprises; 6.4. By End-user (USD); 6.4.1. BFSI; 6.4.2. IT & Telecom; 6.4.3. Manufacturing; 6.4.4. Retail & Consumer Goods; 6.4.5. Healthcare; 6.4.6. Others (Government, etc.); 6.5. By Country (USD); 6.5.1. United States; 6.5.1.1. By End-user; 6.5.2. Canada; 6.5.2.1. By End-user; 6.5.3. Mexico; 6.5.3.1. By End-user
7. South America Applicant Tracking System Market Size Estimates and Forecasts, By Segments, 2017-2030: 7.1. Key Findings; 7.2. By Deployment (USD); 7.2.1. Cloud-based; 7.2.2. On-premise; 7.3. By Enterprise Type (USD); 7.3.1. Large Enterprises; 7.3.2. Small & Medium Enterprises; 7.4. By End-user (USD); 7.4.1. BFSI; 7.4.2. IT & Telecom; 7.4.3. Manufacturing; 7.4.4. Retail & Consumer Goods; 7.4.5. Healthcare; 7.4.6. Others (Government, etc.); 7.5. By Country (USD); 7.5.1. Brazil; 7.5.1.1. By End-user; 7.5.2. Argentina; 7.5.2.1. By End-user; 7.5.3. Rest of South America
8. Europe Applicant Tracking System Market Size Estimates and Forecasts, By Segments, 2017-2030: 8.1. Key Findings; 8.2. By Deployment (USD); 8.2.1. Cloud-based; 8.2.2. On-premise; 8.3. By Enterprise Type (USD); 8.3.1. Large Enterprises; 8.3.2. Small & Medium Enterprises; 8.4. By End-user (USD); 8.4.1. BFSI; 8.4.2. IT & Telecom; 8.4.3. Manufacturing; 8.4.4. Retail & Consumer Goods; 8.4.5. Healthcare; 8.4.6. Others (Government, etc.); 8.5. By Country (USD); 8.5.1. United Kingdom; 8.5.1.1. By End-user; 8.5.2. Germany; 8.5.2.1. By End-user; 8.5.3. France; 8.5.3.1. By End-user; 8.5.4. Italy; 8.5.4.1. By End-user; 8.5.5. Spain; 8.5.5.1. By End-user; 8.5.6. Russia; 8.5.6.1. By End-user; 8.5.7. Benelux; 8.5.7.1. By End-user; 8.5.8. Nordics; 8.5.8.1. By End-user; 8.5.9. Rest of Europe
9. Middle East & Africa Applicant Tracking System Market Size Estimates and Forecasts, By Segments, 2017-2030: 9.1. Key Findings; 9.2. By Deployment (USD); 9.2.1. Cloud-based; 9.2.2. On-premise; 9.3. By Enterprise Type (USD); 9.3.1. Large Enterprises; 9.3.2. Small & Medium Enterprises; 9.4. By End-user (USD); 9.4.1. BFSI; 9.4.2. IT & Telecom; 9.4.3. Manufacturing; 9.4.4. Retail & Consumer Goods; 9.4.5. Healthcare; 9.4.6. Others (Government, etc.); 9.5. By Country (USD); 9.5.1. Turkey; 9.5.1.1. By End-user; 9.5.2. Israel; 9.5.2.1. By End-user; 9.5.3. GCC; 9.5.3.1. By End-user; 9.5.4. North Africa; 9.5.4.1. By End-user; 9.5.5. South Africa; 9.5.5.1. By End-user; 9.5.6. Rest of MEA
10. Asia Pacific Applicant Tracking System Market Size Estimates and Forecasts, By Segments, 2017-2030: 10.1. Key Findings; 10.2. By Deployment (USD); 10.2.1. Cloud-based; 10.2.2. On-premise; 10.3. By Enterprise Type (USD); 10.3.1. Large Enterprises; 10.3.2. Small & Medium Enterprises; 10.4. By End-user (USD); 10.4.1. BFSI; 10.4.2. IT & Telecom; 10.4.3. Manufacturing; 10.4.4. Retail & Consumer Goods; 10.4.5. Healthcare; 10.4.6. Others (Government, etc.); 10.5. By Country (USD); 10.5.1. China; 10.5.1.1. By End-user; 10.5.2. India; 10.5.2.1. By End-user; 10.5.3. Japan; 10.5.3.1. By End-user; 10.5.4. South Korea; 10.5.4.1. By End-user; 10.5.5. ASEAN; 10.5.5.1. By End-user; 10.5.6. Oceania; 10.5.6.1. By End-user; 10.5.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases): 11.1. IBM Corporation; 11.1.1. Overview; 11.1.1.1. Key Management; 11.1.1.2. Headquarters; 11.1.1.3. Offerings/Business Segments; 11.1.2. Key Details (Key details are consolidated data and not product/service specific); 11.1.2.1. Employee Size; 11.1.2.2. Past and Current Revenue; 11.1.2.3. Geographical Share; 11.1.2.4. Business Segment Share; 11.1.2.5. Recent Developments; 11.2. iCIMS; 11.2.1. Overview; 11.2.1.1. Key Management; 11.2.1.2. Headquarters; 11.2.1.3. Offerings/Business Segments; 11.2.2. Key Details (Key details are consolidated data and not product/service specific); 11.2.2.1. Employee Size; 11.2.2.2. Past and Current Revenue; 11.2.2.3. Geographical Share; 11.2.2.4. Business Segment Share; 11.2.2.5. Recent Developments; 11.3. Oracle Corporation; 11.3.1. Overview; 11.3.1.1. Key Management; 11.3.1.2. Headquarters; 11.3.1.3. Offerings/Business Segments; 11.3.2. Key Details (Key details are consolidated data and not product/service specific); 11.3.2.1. Employee Size; 11.3.2.2. Past and Current Revenue; 11.3.2.3. Geographical Share; 11.3.2.4. Business Segment Share; 11.3.2.5. Recent Developments; 11.4. PeopleFluent; 11.4.1. Overview; 11.4.1.1. Key Management; 11.4.1.2. Headquarters; 11.4.1.3. Offerings/Business Segments; 11.4.2. Key Details (Key details are consolidated data and not product/service specific); 11.4.2.1. Employee Size; 11.4.2.2. Past and Current Revenue; 11.4.2.3. Geographical Share; 11.4.2.4. Business Segment Share; 11.4.2.5. Recent Developments; 11.5. Cornerstone; 11.5.1. Overview; 11.5.1.1. Key Management; 11.5.1.2. Headquarters; 11.5.1.3. Offerings/Business Segments; 11.5.2. Key Details (Key details are consolidated data and not product/service specific); 11.5.2.1. Employee Size; 11.5.2.2. Past and Current Revenue; 11.5.2.3. Geographical Share; 11.5.2.4. Business Segment Share; 11.5.2.5. Recent Developments; 11.6. Workday; 11.6.1. Overview; 11.6.1.1. Key Management; 11.6.1.2. Headquarters; 11.6.1.3. Offerings/Business Segments; 11.6.2. Key Details (Key details are consolidated data and not product/service specific); 11.6.2.1. Employee Size; 11.6.2.2. Past and Current Revenue; 11.6.2.3. Geographical Share; 11.6.2.4. Business Segment Share; 11.6.2.5. Recent Developments; 11.7. Bullhorn, Inc.; 11.7.1. Overview; 11.7.1.1. Key Management; 11.7.1.2. Headquarters; 11.7.1.3. Offerings/Business Segments; 11.7.2. Key Details (Key details are consolidated data and not product/service specific); 11.7.2.1. Employee Size; 11.7.2.2. Past and Current Revenue; 11.7.2.3. Geographical Share; 11.7.2.4. Business Segment Share; 11.7.2.5. Recent Developments; 11.8. Jobvite; 11.8.1. Overview; 11.8.1.1. Key Management; 11.8.1.2. Headquarters; 11.8.1.3. Offerings/Business Segments; 11.8.2. Key Details (Key details are consolidated data and not product/service specific); 11.8.2.1. Employee Size; 11.8.2.2. Past and Current Revenue; 11.8.2.3. Geographical Share; 11.8.2.4. Business Segment Share; 11.8.2.5. Recent Developments; 11.9. ADP, Inc.; 11.9.1. Overview; 11.9.1.1. Key Management; 11.9.1.2. Headquarters; 11.9.1.3. Offerings/Business Segments; 11.9.2. Key Details (Key details are consolidated data and not product/service specific); 11.9.2.1. Employee Size; 11.9.2.2. Past and Current Revenue; 11.9.2.3. Geographical Share; 11.9.2.4. Business Segment Share; 11.9.2.5. Recent Developments; 11.10. SAP; 11.10.1. Overview; 11.10.1.1. Key Management; 11.10.1.2. Headquarters; 11.10.1.3. Offerings/Business Segments; 11.10.2. Key Details (Key details are consolidated data and not product/service specific); 11.10.2.1. Employee Size; 11.10.2.2. Past and Current Revenue; 11.10.2.3. Geographical Share; 11.10.2.4. Business Segment Share; 11.10.2.5. Recent Developments
12. Key Takeaways