Increasing need to improve candidate hiring experience is a key factor driving applicant tracking system market revenue growth
The global applicant tracking system market size is expected to reach USD 2.33 Billion in 2028 and register a revenue CAGR of 6.5% over the forecast period, according to the latest report by Reports and Data. Increasing preference for automated recruitment process is driving market revenue growth.
Applicant tracking system is a software that implements the task of short-listing candidates by selecting their resumes. Features of this software such as scheduling interviews and candidate tracking are helping in handling the recruitment process effortlessly. Adoption of advanced cloud technology services which allows thousands of customers to access similar resources help companies to cut down their expenses. Companies are competing and adopting various strategic methods to develop innovative products and strengthen presence in the market. Applicant tracking software solutions assist businesses to promote themselves through brand marketing, especially for qualified job seekers.
Automation helps recruiters to complete the overall recruitment process more efficiently. Recruitment automation streamlines each step along the hiring methods, thereby allowing recruiters to gain strong control and tracking abilities, while influencing candidates with modern communication and up-to-date technology. It can simultaneously reduce the load of paperwork and increase chances of obtaining the best and stable talent. It is difficult for recruiters to keep up with all the applicants in spreadsheets manually, however, an applicant tracking system can quickly process applications and swiftly sort through large volumes of data, owing to unique combination of workflow software and database apps/spreadsheet. Industry-specific qualifiers can also be appended to check credential and qualification adaptability.
Some major companies profiled in the global market report are IBM Corporation, Jobvite, iCIMS Inc., Oracle Corporation, SAP SE, Workday, Inc., BambooHR, Cornerstone OnDemand, ClearCompany, and Zoho Corporation.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1575
Some Key Highlights in the Report
For the purpose of this report, Reports and Data has segmented the global applicant tracking system market based on offerings, deployment mode, employee type, organization size, end-use, and region:
Offerings Outlook (Revenue, USD Billion; 2018–2028)
Deployment Mode Outlook (Revenue, USD Billion; 2018–2028)
Employee Type Outlook (Revenue, USD Billion; 2018–2028)
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
End-use Outlook (Revenue, USD Billion; 2018–2028)
Regional Outlook (Revenue, USD Billion; 2018–2028)
Market Report includes major TOC points:
Conclusively, all aspects of the Applicant Tracking System (ATS) market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.
Browse More Reports :
Contactless Biometrics Market Size, Share and Analysis, By Technology (Software, Hardware, Services), By Application (Hand Geometry, Face, Iris, Voice, Fingerprint), By End-Use , And Region, Segment Forecasts To 2027
Hardware Security Modules Market Size, Share and Analysis, By Product Type , Application , Industry Vertical (BFSI, IT and Telecommunications, Manufacturing, Government, Energy and Utilities, Healthcare, Retail), Region And Forecast To 2027
Inertial Measurement Unit Market Size, Share and Analysis, By Gyro techniques , By Component (Gyroscope, Magnetometer, Accelerometer), By Platform (Aerial, Land, Naval), By Application, By Region, Global Forecast To 2028
Media ContactCompany Name: Reports and DataContact Person: John WatsonEmail: Send EmailPhone: +1-212-710-1370Address:40 Wall St. 28th floor City: New York CityState: NY 10005Country: United StatesWebsite: https://www.reportsanddata.com/report-detail/applicant-tracking-system-ats-market