Applicant Tracking System Market Overview Analysis and Growth: 2022, Business Scope, Future Assessment, and Challenges


Posted June 19, 2023 by DasharathNikam

Applicant Tracking System (ATS) Market is expected to grow at a CAGR of 6.10% during the forecast period and it is expected to reach USD 3.69 Bn by 2029.
 
Applicant Tracking System Market Overview:

According to MMR Analytics, the market is worth XX billion USD. In 2021 and is expected to reach a CAGR of around XX% during the forecast period. MMR researchers probe the Applicant Tracking System Market for the invisible truths surrounding the underlying industry constraints, opportunities, and threats that are expected to affect the growth of the industry during the projected period (2022-2029). Other factors such as supply and demand, import and export, distribution network, consumption and production capacity all play an important role in creating competitive advantages for business owners, stakeholders, and marketers in the field.

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Market Scope:

The competition strategic window researches the competitive environment in terms of markets, applications, and regions to assist the vendor in defining an alignment or fit between their strengths and future growth opportunities. It describes the optimum or most beneficial fit for vendors to pursue sequential merger and acquisition tactics, regional expansion, R&D, and new product launch techniques to execute future business expansion and growth over a projected period.

Segmentation:

Applicant Tracking System (ATS) market is segmented by component, deployment mode, organization size, industry, and region. By component, it is the service segment that comprises of professional and managed services that holds a larger market share. The large enterprises within the organization size segment held the larger market share that can be attributed to the higher number of employees required for the functioning along with well-defined procedures for selecting candidates.

By geography, the Applicant Tracking System (ATS) market can be segmented into North America, Europe, Asia Pacific, Middle East, and Latin America. An increasing need for efficient recruiting process across countries within North America has resulted in it holding the largest market share. Moreover, complete security while functioning in physical, virtual, or cloud atmospheres is further expected to boost the application tracking system market.

Key Players: The key players are

• Oracle
• IBM
• SAP
• iCIMS
• JazzHR
• Cornerstone
• PeopleFluent
• Ultimate ADP
• Infor
• Greenhouse Software
• Workday
• Paycor
• Recruiterbox
• SilkRoad Technology
• ClearCompany
• BambooHR
• Jobvite
• Software
• ResumeWare TribePad
• Racarie Software
• Zoho
• ATS OnDemand
• SmartRecruiters
• Ascentis

Regional Analysis:

The Applicant Tracking System market prediction research is created after a thorough examination of many geographical areas, including Asia-Pacific, Europe, North America, and the rest of the globe. North America has the greatest power over the Applicant Tracking System market share and will continue to be a major shareholder in the global Applicant Tracking System market.

COVID-19 Impact Analysis on Applicant Tracking System Market:

The impact of COVID-19 pandemic on Applicant Tracking System market has also been included in the report.

Key Questions Answered in the Applicant Tracking System Market Report are:

Which are the prominent players in the Applicant Tracking System market?
What key trends are likely to emerge in the Applicant Tracking System market in the coming years?
What will be the Applicant Tracking System market size by 2027?
Which company held the largest share in the Applicant Tracking System market?
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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Tags applicant tracking system market , applicant tracking system market size , applicant tracking system market demand , applicant tracking system market analysis
Last Updated June 19, 2023