Applicant Tracking System (ATS) Market Competitive Research And Precise Outlook 2023 To 2030

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Applicant Tracking System (ATS) Market
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Clientele
Some of the global leading clients that we have
served
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Clientele
Some of the global leading clients that we have
served
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Market Overview
An ATS is a piece of talent management software
used to keep track of job openings, resumes,
applicants, and customers. By doing an initial
analysis and eliminating unqualified prospects,
the data in the software database streamlines the
hiring process. ATS also allows hiring managers
to conduct interviews, send rejection letters,
and manage administrative tasks electronically.
Its primary goals are streamlining the
recruitment process and consolidating applicant
information in one place. By speeding up the
resume screening process and enabling
collaborative hiring, ATS also aids in enhancing
the candidate experience overall.The
proliferation of cloud-based platforms and the
rise in popularity of mobile recruitment methods
are both contributing to the expansion of this
sector. Recruiting and hiring processes are
becoming increasingly automated as businesses use
Software-as-a-Service (SaaS). Improve worker
efficiency and productivity by managing the
hiring process for qualified employees.
Additionally, ATS facilitates the implementation
of effective brand promotion and candidate
attraction practices for businesses.
Organizational adoption of AI is also
contributing to the expansion of the market. The
software employs an optical tracker to keep tabs
on potential users, analyze market data, and
predict market movements based on trading
behavior. The market is predicted to grow as a
result of factors such as the rising demand for
an alternative to traditional hiring methods in
an effort to cut down on wasted time and money
while simultaneously boosting

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By Region
In 2021, more than 40 of all applicant tracking
system revenue came from North America. Market
expansion is being fueled by developed nations
like Canada and the United States. North America
is progressing toward superior new technologies
as the use of digital tactics spreads. We are
also increasing our spending on cutting-edge
technology to boost productivity and give us an
edge in the market.with instance, in March of
2022, iCIMS, a recruitment software firm based in
the United States, purchased Candidate.ID in
order to offer an application tracking system
that includes lead scoring with the purpose of
helping clients find and hire the best
candidates. As a result of the purchase, iCIMS
will be able to sell more ATS products in the
United States to a wider range of customers.At
9.1 percent, Asia-Pacific is projected to have
the highest CAGR throughout the forecast period.
Regional market expansion is being driven by
corporate partnership and the increasing
digitization of markets. Over the past decade,
there has been a dramatic increase in trade with
the United States, and this has led to a rise in
the use of applicant tracking systems in the
region. The expansion of ATS services in the
region can be directly attributed to the area's
rising economic significance.In May of 2022, for
instance, the Asian human resources consulting
business Viventis established a strategic
alliance with the applicant tracking system (ATS)
software supplier and recruiting agency LiveHire
Limited. Viventis's acquisition strategy will be
revamped and regional operations will be
bolstered thanks to the cooperation. As an added
bonus, this will aid
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The Global Applicant Tracking System (ATS) Market
has been segmented into

• By Type
• On- premise
• On-cloud

• By Application
• BFSI
• IT and Telecommunications
• Government and Public Sector
• Retail
• Manufacturing
• Healthcare and Life Sciences
• Others

• By Organization Size
• Small and Medium-sized Enterprises
• Large Enterprises

• By Component
• Software
• Services

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The Global Applicant Tracking System (ATS) Market
has been segmented into

• By Region
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe

• By Region
• North America
• US
• Canada
• Mexico
• Rest of North America
• The Middle East Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

• By Region
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific

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Market Dynamics
The increasing popularity of cloud-based
applicant tracking systems with in-house
personnel tracking is one of the key trends
propelling the applicant tracking system market.
Automated task screening (ATS) increases
screening and task activity across many task
boards, removing manual bias and errors. Because
it reduces ATS market latency and costs. Some
businesses are also using ATS because they want
to make their workers happier. This can be seen
in the enhanced capacity for communication as
well as the decreased need for resources and
expenses. The market for application tracking
systems is actually seeing regular updates to its
offerings.Companies now have more leeway in
tailoring their offerings to individual customers
because to this software. The applicant tracking
system feature has also contributed to the
implementation of the full recruiting cycle, from
the perspective of both the applicant and the
employee.A significant barrier to the expansion
of the market for application tracking systems is
the integration of legacy ATS systems with
cutting-edge new technologies. Market
participants are in a fierce race to be the first
to adopt new resources and the first to source,
attract, and acquire resources and talent. When
HR departments have to hire new employees
manually, it drives up the cost of doing so.
Adopting a new IT system can save money by
cutting down on the need to hire additional
employees. When new ATS systems are not tested
for case compatibility, adoption rates tend to be
low. To avoid inconsistencies, it's important to
do compatibility checks. Growth has been stunted
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Market Players

• Oracle(US), IBM (US),
• iCMIS (US),
• PeopleFluent (US),
• Cornerstone (US),
• Workday (US),
• Bullhorn (US),
• Ultimate Software (US),
• ADP (US),
• SAP (Germany),
• Jobvite (US),
• Silkroad Technology (US),
• Paycor (US),
• Greenhouse Software (US),
• ClearCompany (US),
• BambooHR (US), Infor (US),

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