DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/p2p6dl/global_applicant) has announced the addition of the "Global Applicant Tracking Systems Market 2014-2018" report to their offering.
The analysts forecast the Global Applicant Tracking Systems market to grow at a CAGR of 11.37% over the period 2013-2018
ATS or Applicant Tracking System is an application that manages recruitment process of an organization. An ATS can be compared to CRM systems, but is specifically designed for recruitment tracking purposes. ATS collects resume in a database, and gives recruiters an online view of job seekers after scanning and indexing their resumes. Most organizations use some form of applicant tracking system application to handle job applications and manage large volume of resume data.
One major trend in this market is an increasing mobile workforce. Rapid globalization has resulted in employees working across many locations. The usage of hardware devices with the two-factor authentication process can provide employees with access to confidential data without any location constraints.
According to the report, one of the major drivers of this market is the growing demand for cloud-integrated applicant tracking software. The demand for cloud-integrated applicant tracking systems is increasing because of the increasing number of employees working from home or outside the office in different locations, and to handle the hiring process smoothly they need to access the software from any location.
Further, the report states that complexity in process automation and integration is one of the major challenges confronting the market. The replacement of existing software with new software incurs huge costs. Given the complexities such as investment and time required for process automation and effective adoption of recruiting software, it is complex for users to adopt the new software and use it.
To calculate the market size, the report considers revenue generated from:
- Applicant tracking systems software
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation by End-users
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/p2p6dl/global_applicant