Global Applicant Tracking System Market 2017-2025 - Global Analysis and Forecasts by Deployment Model, Component and End-user - ResearchAndMarkets.com

DUBLIN--()--The "Applicant Tracking System Market to 2025 - Global Analysis and Forecasts by Deployment Model; Component; and End-user" report has been added to ResearchAndMarkets.com's offering.

The global applicant tracking system market accounted to US$ 675.3 Mn in 2017 and is expected to grow at a CAGR of 9.2% during the forecast period 2018 - 2025, to account to US$ 1345.7 Mn by 2025.

Driving factors such as demand for time-efficient selection systems owing to rising number of job applicants, and gaining prominence of the cloud-based applicant tracking system are anticipated to have a huge impact on the development of applicant tracking system market in the coming years.

The key trend which will predominantly affect the applicant tracking system market in the coming year is the integration of artificial intelligence with ATS system for enhanced capabilities. As the HR groups in the coming years are expected to raise the demand for solutions, which in response would further enhance the employment curve and understand not only the effects of AI on their workforces but also the benefit of incorporating new and exciting tools into their workflows, especially for recruitment. With a plethora of startups out there in this space, it's easy for talent acquisition teams to experiment and find what works for them.

Key Industry Dynamics

Key Market Drivers

  • Demand For Time Efficient Selection Systems Owing To Rising Number Of Job Applicants
  • Gaining Prominence Of The Cloud Based Applicant Tracking Software

Key Market Restraints

  • Outages, Data Mobility And Data Security Concerns

Key Market Opportunities

  • Mobile Based Recruitment To Bring Ample Opportunity To The Market

Future Trends

  • Artificial Intelligence Is Expected To Impact Capacity And Skills Required

Companies Mentioned

  • ApplicantStack
  • Oracle Corporation
  • iCIMS, Inc.
  • Workable Software Ltd.
  • Hyrell
  • Bullhorn, Inc.
  • ClearCompany
  • Greenhouse Software, Inc.
  • Jobvite Inc.
  • Automatic Data Processing, Inc.
  • SAP SE
  • 4Talent
  • Grupo Navent S.R.L
  • GUPY Tecnologia em Recrutamento LTDA
  • Kenoby
  • Pemasys

For more information about this report visit https://www.researchandmarkets.com/research/lqls48/global_applicant?w=4

Contacts

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Related Topics: Recruitment and Employment Agencies

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Recruitment and Employment Agencies