Applicant Tracking System Market
Global Applicant Tracking System Market Size, Share & Trends Analysis Report by Component (Software, and Services), by Deployment Mode (On-Premises, and Cloud) by Organization Size (Small & Medium Size Enterprises, and Large Enterprises) and by Vertical (BFSI, Government, Manufacturing, Telecom & IT, Consumer Goods & Retail, Healthcare & Lifesciences, Energy & Utilities, Transportation & Logistics, and Others) Forecast Period (2022-2028). Update Available - Forecast 2024-2030
The global applicant tracking system market is anticipated to grow at a significant CAGR of around 6.9% during the forecast period. The global applicant tracking system market is expected to grow during the forecast period due to the adoption of the data analytics strategy by recruitment companies. For instance, In June 2020, Workday, Inc. announced the availability of Workday People Analytics. This newly evolved augmented analytics application identifies important risks and opportunities regarding a company’s potential candidate base and delivers these insights in a story form. These insights empower business leaders and HRs to make better people decisions rapidly to shape business outcomes.
Impact of COVID-19 Pandemic on Global Applicant Tracking System Market
The COVID-19 pandemic has had a positive impact on the applicant tracking system market. The recent economic slowdown with the impact of COVID-19 emphasizes the requirement for alternate business systems. It had became important for businesses to embrace cloud computing and relocate to cloud applicant tracking system solutions. Corporates were increasingly adopting technology-aided recruitment tools that can be leveraged remotely and can secure hiring as well as business continuity among disruptions. The applicant tracking system has increasingly gained market traction during the COVID- 19 pandemic to serve virtual recruitment with the growing adoption of remote working models.
Segmental Outlook
The global Applicant Tracking System market is segmented based on the component, deployment mode, organization size, and verticals. Based on the component, the market is segmented into solution, and services. Based on the deployment mode, the market is sub-segmented into the on-premises, and cloud. Based on the organization size, the market is segmented into small & medium size enterprises, and large enterprises. Based on the verticals, the market is segmented into BFSI, government, manufacturing, telecom & IT, consumer goods & retail, healthcare & lifesciences, energy & utilities, transportation & logistics, and others. Among these, the cloud-based applicant tracking system is expected to grow during the forecast period as the cloud deployment model provides numerous benefits to organizations, such as quick deployment, scalability, and anywhere access. Data security is a major concern while acquiring cloud services. Thus, organizations are shifting toward private and hybrid cloud solutions.
Global Applicant Tracking System Market Share by Small & Medium Size Enterprises, 2021 (%)
The Small & Medium-Sized Enterprises are Expected to Holds the Prominent Share in the Global Applicant Tracking System Market
Small and medium-sized enterprises are expected to hold a prominent share in the global applicant tracking system market as various small and medium-sized firms are entering into numerous cutting-edge technology partnerships to enhance technology adoption in the applicant tracking system. For instance, in January 2020, AI recruitment startup Talview announced that it had become a consolidated partner with LinkedIn’s applicant tracking system, Talent Hub. LinkedIn’s Talent Hub allows firms to source, manage, and hire candidates from one source, and Talview’s live interviewing offerings are integrated into the LinkedIn Talent Hub experience.
Regional Outlooks
The global Applicant Tracking System market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for particular region or country level as per the requirement. The Asia Pacific region is expected to be the fastest-growing market during the forecast period due to the adoption of advanced hiring solutions in this region being slow in the past, but now traction is observed across the region due to the growth in the digitalization of the enterprises.
Global Applicant Tracking System Market Growth, by Region 2022-2028
The North America Region is Anticipated to Holds the Prominent Share in the Global Applicant Tracking System Market
The North American region is expected to hold the major share during the forecast period due to the significant existence of technology providers. Many key players are focused on entering into partnerships to deliver innovative solutions to stay in the regional and globally competitive landscape. For instance In May 2020, technology giant Microsoft Corporation and Workday Inc. announced a strategic partnership to emphasize resource planning in the cloud and stretch the business solutions so that customers can utilize them to advance their everyday work better. With the support of this partnership, Workday customers will be able to run Workday Adaptive Planning on the Azure cloud. Furthermore, Microsoft will adopt Workday Adaptive Planning for its finance teams for budgeting and forecasting to accelerate the decision-making process. Such developments in strategic technology & knowledge transfer and partnerships are anticipated to boost the growth in the region.
Market Players Outlook
The major companies serving the global Applicant Tracking System market include ADP, Inc., Bamboo HR LLC., Bullhorn, Inc., CEIPAL Corp., ClearCompany, Inc., Cornerstone, Greenhouse Software, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, In May 2020, Jobvite Inc. announced a partnership with Ultimate Software, authorizing job recruiters to view and assess a wide range of employee data and connecting their recruiting efforts to post-hire performance. With the support of this partnership, Jobvite provides platform-to-platform integrations between its software and Ultimate Software’s human capital management solutions.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global applicant tracking system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis And Growth Potential Outlook
• Impact Of COVID-19 On The Global Applicant Tracking System Market
• Recovery Scenario Of Global Applicant Tracking System Market
1.1. Research Methods And Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Applicant Tracking System Market by Component
4.1.1. Software
4.1.2. Services
4.2. Global Applicant Tracking System Market by Deployment Mode
4.2.1. On-premises
4.2.2. Cloud
4.3. Global Applicant Tracking System Market by Organization Size
4.3.1. Small & Medium Size Enterprises
4.3.2. Large Enterprises
4.4. Global Applicant Tracking System Market by Vertical
4.4.1. BFSI
4.4.2. Government
4.4.3. Manufacturing
4.4.4. Telecom & IT
4.4.5. Consumer Goods & Retail
4.4.6. Healthcare & Lifesciencs
4.4.7. Energy & Utilities
4.4.8. Transportation & Logistics
4.4.9. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. ADP, Inc.
6.2. Bamboo HR LLC.
6.3. Bullhorn, Inc.
6.4. CEIPAL Corp.
6.5. ClearCompany, Inc.
6.6. Cornerstone
6.7. Greenhouse Software, Inc.
6.8. IBM Corp.
6.9. iCIMS, Inc
6.10. Infor
6.11. Jobvite, Inc.
6.12. Lusha Systems Inc.
6.13. Oracle
6.14. Paycor, Inc
6.15. SAP India Pvt Ltd.
6.16. SilkRoad Technology, Inc.
6.17. SmartRecruiters
6.18. UKG Inc
6.19. Workday, Inc.
6.20. Zoho Corporation Pvt. Ltd.
1. GLOBAL APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
2. GLOBAL SOFTWARE FOR APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL SERVICES FOR APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028 ($ MILLION)
5. GLOBAL ON-PREMISES BASED APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL ON-CLOUD BASED APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2021-2028 ($ MILLION)
8. GLOBAL APPLICANT TRACKING SYSTEM FOR SMALL & MEDIUM SIZE ENTERPRISE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL APPLICANT TRACKING SYSTEM FOR LARGE ENTERPRISE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2021-2028 ($ MILLION)
11. GLOBAL APPLICANT TRACKING SYSTEM FOR BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL APPLICANT TRACKING SYSTEM FOR GOVERNMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL APPLICANT TRACKING SYSTEM FOR MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL APPLICANT TRACKING SYSTEM FOR TELECOM & IT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL APPLICANT TRACKING SYSTEM FOR CONSUMER GOOD & RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL APPLICANT TRACKING SYSTEM FOR HEALTHCARE & LIFESCIENCES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL APPLICANT TRACKING SYSTEM FOR ENERGY & UTILITIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL APPLICANT TRACKING SYSTEM FOR TRANSPORTATION & LOGISTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
19. GLOBAL APPLICANT TRACKING SYSTEM FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
20. GLOBAL APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
21. NORTH AMERICAN APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. NORTH AMERICAN APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
23. NORTH AMERICAN APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028 ($ MILLION)
24. NORTH AMERICAN APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2021-2028 ($ MILLION)
25. NORTH AMERICAN APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2021-2028 ($ MILLION)
26. EUROPEAN APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. EUROPEAN APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
28. EUROPEAN APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028 ($ MILLION)
29. EUROPEAN APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2021-2028 ($ MILLION)
30. EUROPEAN APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY VERTICALS, 2021-2028 ($ MILLION)
31. ASIA-PACIFIC APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
32. ASIA-PACIFIC APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
33. ASIA-PACIFIC APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028 ($ MILLION)
34. ASIA-PACIFIC APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2021-2028 ($ MILLION)
35. ASIA-PACIFIC APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2021-2028 ($ MILLION)
36. REST OF THE WORLD APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
37. REST OF THE WORLD APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
38. REST OF THE WORLD APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028 ($ MILLION)
39. REST OF THE WORLD APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2021-2028 ($ MILLION)
40. REST OF THE WORLD APPLICANT TRACKING SYSTEM MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL APPLICANT TRACKING SYSTEM MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL APPLICANT TRACKING SYSTEM MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL APPLICANT TRACKING SYSTEM MARKET, 2022-2028 (%)
4. GLOBAL APPLICANT TRACKING SYSTEM MARKET SHARE BY COMPONENT, 2021 VS 2028 (%)
5. GLOBAL SOFTWARE FOR APPLICANT TRACKING SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL SERVICES FOR APPLICANT TRACKING SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL APPLICANT TRACKING SYSTEM MARKET SHARE BY DEPLOYMENT MODE, 2021 VS 2028 (%)
8. GLOBAL ON-PREMISES BASED APPLICANT TRACKING SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL CLOUD BASED APPLICANT TRACKING SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL APPLICANT TRACKING SYSTEM MARKET SHARE BY ORGANIZATION SIZE, 2021 VS 2028 (%)
11. GLOBAL APPLICANT TRACKING SYSTEM FOR SMALL & MEDIUM SIZE ENTERPRISES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL APPLICANT TRACKING SYSTEM FOR LARGE ENTERPRISES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL APPLICANT TRACKING SYSTEM MARKET SHARE BY VERTICAL, 2021 VS 2028 (%)
14. GLOBAL APPLICANT TRACKING SYSTEM FOR BFSI MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL APPLICANT TRACKING SYSTEM FOR GOVERNMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL APPLICANT TRACKING SYSTEM FOR MANUFACTURING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. GLOBAL APPLICANT TRACKING SYSTEM FOR TELECOM & IT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL APPLICANT TRACKING SYSTEM FOR CONSUMER GOODS & RETAIL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL APPLICANT TRACKING SYSTEM FOR HEALTHCARE & LIFESCIENCS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. GLOBAL APPLICANT TRACKING SYSTEM FOR ENERGY & UTILITIES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
21. GLOBAL APPLICANT TRACKING SYSTEM FOR TRANSPORTATION & LOGISTICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
22. GLOBAL APPLICANT TRACKING SYSTEM FOR OTHERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
23. GLOBAL APPLICANT TRACKING SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
24. US APPLICANT TRACKING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
25. CANADA APPLICANT TRACKING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
26. UK APPLICANT TRACKING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
27. FRANCE APPLICANT TRACKING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
28. GERMANY APPLICANT TRACKING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
29. ITALY APPLICANT TRACKING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
30. SPAIN APPLICANT TRACKING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
31. REST OF EUROPE APPLICANT TRACKING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
32. INDIA APPLICANT TRACKING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
33. CHINA APPLICANT TRACKING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
34. JAPAN APPLICANT TRACKING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
35. SOUTH KOREA APPLICANT TRACKING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
36. REST OF ASIA-PACIFIC APPLICANT TRACKING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
37. REST OF THE WORLD APPLICANT TRACKING SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
