The applicant tracking systems market report serves as a compass for understanding consumer demands, preferences, and evolving tastes for specific products. Serving as a validated information source, this report offers a panoramic view of prevailing market trends, scenarios, opportunities, and status. It meticulously encompasses all facets of the market essential for crafting an exceptional and superior market research report. Within this applicant tracking systems market analysis, an in-depth exploration of segments expected to experience rapid growth within the forecasted timeframe is provided, offering granular market insights crucial for making astute business decisions.

Methodically gathering, recording, and analyzing data concerning the marketing of goods and services, this applicant tracking systems market report delivers an exemplary market research dossier to businesses. Featuring CAGR value fluctuations projected for the market within the forecast period, this report equips businesses with excellent solutions to overcome myriad challenges. The comprehensive market information embedded within this applicant tracking systems market report is poised to foster business growth and enhance return on investment (ROI) significantly.

Data Bridge Market Research analyses that the applicant tracking systems market will exhibit a CAGR of 8.62% for the forecast period of 2022-2029 and is likely to reach the USD 2.77 billion by 2029


3136587d2706822609949ee7d7c8d16f172e546cc7e1c8.png

Definition

An applicant tracking system (ATS) is an application that collects and stores resumes in a database to manage an organization's recruitment process. After scanning and indexing resumes, ATS stores them in a database and provides recruiters with an online view of job searchers. To process job applications and manage a huge volume of resume data, the majority of the company uses some form of applicant tracking system application. The data is either retrieved from social networking websites like LinkedIn, Facebook, and Twitter or acquired from internal applications using ATSs.

Get a Sample Research Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-applicant-tracking-systems-market 

Key Growth Drivers:

The applicant tracking systems market is being driven by the rise in geographically diverse talent acquisition. Growing demand to automate recruitment processes is a major factor driving the market's growth. The rising focus on improving candidate experience is driving up demand for applicant tracking systems market. Other significant factors such as growing urbanization and the rising need for analytics metrics will cushion the growth rate of applicant tracking systems market. Another vital factor includes the increasing awareness about the benefits of system and surge in the adoption rate of cloud based technologies will accelerate the growth of applicant tracking systems market. Furthermore, technological advancements and increase in the digitalization will influence the applicant tracking systems market for the forecast period mentioned above.   

Moreover, the increase in the adoption rate of new technological solutions and surging demand for mobile recruitment will boost the beneficial opportunities for the applicant tracking systems market growth. Due to the strong demand from various end-use industries and collaboration with social media platforms simplifying applicant tracking processes is expected to grow in the future years.

However, complications in process automation and integration and data security and privacy concerns will hinder the growth of the applicant tracking systems market. Also, the lack of skilled professions and the addition of ATS software with other systems will further pose a challenge to the market. Other factors including less awareness about the benefits associated with ATS act as market restrain and will further obstruct the growth rate of applicant tracking systems market.

The report emphasizes the participation of key entities, notably:

  • ADP, Inc.
  • Learning Technologies Group Inc.
  • Oracle
  • IBM
  • UKG Inc.
  • iCIMS
  • Jobvite, Inc.
  • SilkRoad Technology
  • SAP SE
  • Paycor, Inc.
  • Greenhouse Software, Inc.
  • Workday, Inc.
  • Trakstar
  • Infor
  • JazzHR
  • ClearCompany
  • Bamboo HR LLC
  • Racarie Software
  • Zoho Corporation Pvt. Ltd.
  • Ascentis Corporation

Major Points in the Report

  • Understanding the entirety of the applicant tracking systems marketlandscape thoroughly.
  • Exploring the leading entities in this sector, delving into their range of products and core approaches.
  • Examining the prominent geographical areas where applicant tracking systems marketdemonstrates significant growth.
  • Keeping abreast of the latest shifts and advancements within the industry.
  • Identifying specific areas or markets with high potential and promising expansion opportunities.

Gain Additional Insight from This Premium Research Report @ https://www.databridgemarketresearch.com/reports/global-applicant-tracking-systems-market 

Key Market Segmentation

By Component (Software, Services), Organisation Size (Small and Medium-Sized Enterprises, Large Enterprises), Deployment Type (Cloud, On-Premise), Vertical (Banking, Financial Services, and Insurance, IT and Telecommunications, Government and Public Sector, Retail and Consumer Goods, Manufacturing, Healthcare and Life Sciences, Others), Social Media Integration (Facebook, LinkedIn, Twitter)

Browse More Reports:

https://www.databridgemarketresearch.com/reports/global-advanced-metering-infrastructure-ami-market 

https://www.databridgemarketresearch.com/reports/global-smart-mirror-market 

https://www.databridgemarketresearch.com/reports/global-network-monitoring-market 

https://www.databridgemarketresearch.com/reports/global-interactive-voice-response-market 

https://www.databridgemarketresearch.com/reports/global-data-center-ups-market 

About Data Bridge Market Research, Private Ltd

Data Bridge Market Research operates as a multinational management-consulting firm, boasting offices situated in both India and Canada. Renowned for our innovative and cutting-edge market analysis methodologies, we pride ourselves on our unparalleled durability and forward-thinking approaches. Our commitment lies in unravelling optimal consumer prospects and nurturing invaluable insights to empower your company's success within the market.

With a team comprising over 500 analysts specializing in various industries, we have been instrumental in serving over 40% of Fortune 500 companies on a global scale. Our extensive network boasts a clientele exceeding 5000+, spanning across the globe. At Data Bridge Market Research, our goal remains steadfast: to provide comprehensive market intelligence and strategic guidance to propel your business toward success.

Contact Us:

Data Bridge Market Research

US: +1 614 591 3140

UK: +44 845 154 9652

APAC: +653 1251 975

Email:- [email protected]