Applicant Tracking Systems Market in US 2023-2027

Global Applicant Tracking Systems Market 2023-2027

The applicant tracking systems market is forecasted to grow by USD 137.04 mn during 2022-2027, accelerating at a CAGR of 5.31% during the forecast period. The report on the applicant tracking systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by cost-effective and less time-consuming, growing emphasis on streamlining human resources functions, and increasing enrollment of foreign students.

Technavio's applicant tracking systems market is segmented as below:

By Deployment

• Cloud-based
• On-premises

By End-user

• Financial service
• Technology
• Healthcare
• Retail
• Government and others

By Geographical Landscape

• North America

This study identifies the increasing use of social media as one of the prime reasons driving the applicant tracking systems market growth during the next few years. Also, integration of analytics tools and AI with applicant tracking system and rising demand for smartphone integration will lead to sizable demand in the market.

The report on the applicant tracking systems market covers the following areas:

• Applicant tracking systems market sizing
• Applicant tracking systems market forecast
• Applicant tracking systems market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading applicant tracking systems market vendors that include Arcoro, Bamboo HR LLC, Bullhorn Inc., ClearCo. Inc., Cornerstone OnDemand Inc., Greenhouse Software Inc., Hireology Inc., iCIMS Inc., International Business Machines Corp., JobDiva Inc., Jobvite Inc., Oracle Corp., Paycor Inc., PrismHR Inc., SAP SE, Silkroad Technology Inc., SwipeClock LLC, Symphony Talent LLC, Workday Inc., and Employ Inc.. Also, the applicant tracking systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.