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 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.
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Some of the key players of Applicant Tracking System Market:
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
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.
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What the report features:-
1. Global analysis of Applicant Tracking System Market from 2018 – 2025 illustrating the progression of the market.
2. Forecast and analysis of Applicant Tracking System Market by Dosage, Route of Administration and Application from 2018 – 2025.
3. Forecast and analysis of Applicant Tracking System Market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.
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This release was published on openPR.