HOME Top Market Reports Applicant Tracking System Market by Component (Software and Services), Deployment (On-Premises and Cloud), Organization Size, Vertical (Retail and Consumer Goods, Government and Public Sector, and Manufacturing), and Region - Global Forecast to 2023

Applicant Tracking System Market by Component (Software and Services), Deployment (On-Premises and Cloud), Organization Size, Vertical (Retail and Consumer Goods, Government and Public Sector, and Manufacturing), and Region - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: July 2018
Report Code: TC 6424

 

  Speak to Analyst Enquiry Before Buying Webinar
purchase report
download pdf  request for customisation


The Applicant Tracking System (ATS) market size is expected to grow from USD 1.08 billion in 2017 to USD 1.81 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 8.3% during the forecast period. The base year considered for this study is 2017 and the forecast period is 2018–2023. With the increasing penetration of Internet of Things (IoT) and related technologies, such as big data and serverless architecture, the demand for ATS software and services among enterprises is expected to grow significantly.

Objectives of the Study

  • To describe and forecast the global Applicant Tracking System market by component, deployment type, organization size, vertical, and region
  • To forecast the market size of the 5 major regional segments, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America
  • To analyze the subsegments with respect to individual growth trends, prospects, and contribution to the total market
  • To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
  • To analyze the opportunities in the market for stakeholders and provide details of competitive landscape for the major players
  • To profile the key players and comprehensively analyze their core competencies and positioning
  • To track and analyze competitive developments, such as mergers and acquisitions, new product developments, and partnerships, agreements, and collaborations in the ATS market

The research methodology used to estimate and forecast the Applicant Tracking System market began with capturing the data on key vendor revenues through secondary research, such as Associations of Financial Professional and Information System Security Association. Vendor offerings were also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global ATS market from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments. The breakdown of primary profiles is depicted in the below figure:

Applicant Tracking System Market

To know about the assumptions considered for the study, download the pdf brochure

The ATS ecosystem comprises service providers, such as Oracle (US), IBM (US), SAP (Germany), Cornerstone (US), ADP (US), iCIMS (US), Jobvite (US), PeopleFluent (US), SilkRoad Technology (US), Paycor (US), Greenhouse Software (US), Workday (US), Ultimate Software (US), JazzHR (US), ClearCompany (US), BambooHR (US), Racarie Software (US), Zoho (US), SmartRecruiters (US), Ascentis (US), Recruiterbox (US), Infor (US), ResumeWare (US), TribePad (UK), and ATS OnDemand (US). The other stakeholders of the Applicant Tracking System market include systems integrators, application designers, development service providers, and network service providers

Key Target Audience

  • Training and consulting service providers
  • ATS vendors
  • Telecom service providers
  • System integrators
  • Cloud service providers
  • Government agencies
  • Managed service providers

 “The research study answers several questions for the stakeholders, primarily which market segments to focus in the next two to five years for prioritizing the efforts and investments.”

Scope of the Report

The research report categorizes the Applicant Tracking System market to forecast the revenues and analyze the trends in each of the following submarkets:

By Component

  • Software
  • Services

By Deployment

  • On-premises
  • Cloud

By Organization Size

  • SMEs
  • Large Enterprises

By Vertical

  • BFSI
  • IT And Telecommunications
  • Government and Public Sector
  • Retail and Consumer Goods
  • Manufacturing
  • Healthcare and Life Sciences
  • Others (Media and Entertainment, and Travel and Hospitality)

 By Region

  • North America
    • United States
    • Canada
  • Europe
    • United Kingdom (UK)
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific (APAC)
    • Japan
    • India
    • Australia and New Zealand (ANZ)
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • Kingdom of Saudi Arabia (KSA)
    • United Arab Emirates (UAE)
    • South Africa
    • Rest of MEA

Available Customizations

With the given market data, MarketsandMarkets offers customizations based on the company-specific needs.

Company Information

Detailed analysis and profiling of additional market players (up to 5).

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Research Assumptions
    2.4 Limitations

3 Executive Summary (Page No. - 24)

4 Premium Insights (Page No. - 27)
    4.1 Attractive Growth Opportunities in the Applicant Tracking System Market
    4.2 Market By Component, 2018
    4.3 Market By Deployment Type, 2018
    4.4 Market Investment Scenario, 2018–2023

5 Market Overview and Industry Trends (Page No. - 30)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growth in Geographically Diverse Talent Acquisition
                    5.2.1.2 Increasing Need to Automate Recruitment Processes
                    5.2.1.3 Focus on Enhancing Candidate Experience
                    5.2.1.4 Emerging Need for Analytics Metrics
           5.2.2 Restraints
                    5.2.2.1 Lack of Awareness About the Benefits of ATS
           5.2.3 Opportunities
                    5.2.3.1 Increasing Demand for Mobile Recruitment
                    5.2.3.2 Collaboration With Social Media Platforms Simplifying Applicant Tracking Processes
           5.2.4 Challenges
                    5.2.4.1 Limited Technical Expertise for Using Advanced ATS
                    5.2.4.2 Integration of ATS Software With Other Systems
    5.3 Case Studies
           5.3.1 Introduction
           5.3.2 Use Case #1: Hyrell–Greater Richmond ARC
           5.3.3 Use Case #2: Tribepad–Tesco
           5.3.4 Use Case #3: Breezy Hr–Giant Swarm

6 Applicant Tracking System Market, By Component (Page No. - 34)
    6.1 Introduction
    6.2 Software
    6.3 Services

7 Market By Deployment Type (Page No. - 38)
    7.1 Introduction
    7.2 On-Premises
    7.3 Cloud

8 Applicant Tracking System Market, By Organization Size (Page No. - 42)
    8.1 Introduction
    8.2 Small and Medium-Sized Enterprises
    8.3 Large Enterprises

9 Market By Vertical (Page No. - 46)
    9.1 Introduction
    9.2 Banking, Financial Services, and Insurance
    9.3 IT and Telecommunications
    9.4 Government and Public Sector
    9.5 Retail and Consumer Goods
    9.6 Manufacturing
    9.7 Healthcare and Life Sciences
    9.8 Others

10 Applicant Tracking System Market, By Region (Page No. - 53)
      10.1 Introduction
      10.2 North America
              10.2.1 United States
              10.2.2 Canada
      10.3 Europe
              10.3.1 United Kingdom
              10.3.2 Germany
              10.3.4 Rest of Europe
      10.4 Asia Pacific
              10.4.1 Japan
              10.4.2 India
              10.4.3 Australia and New Zealand
              10.4.4 Rest of Asia Pacific
      10.5 Middle East and Africa
              10.5.1 United Arab Emirates
              10.5.2 South Africa
              10.5.3 Rest of Middle East and Africa
      10.6 Latin America
              10.6.1 Brazil
              10.6.2 Mexico
              10.6.3 Rest of Latin America

11 Competitive Landscape (Page No. - 71)
     11.1 Overview
     11.2 Competitive Situations and Trends
             11.2.1 Partnerships, Agreements, and Collaborations
             11.2.2 New Product Launches and Product Enhancements
             11.2.3 Business Expansions
             11.2.4 Mergers and Acquisitions

12 Company Profiles (Page No. - 77)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     12.1 Oracle
     12.2 IBM
     12.3 SAP
     12.4 Cornerstone
     12.5 ADP
     12.6 Icims
     12.7 Jobvite
     12.8 Peoplefluent
     12.9 Silkroad Technology
     12.10 Paycor
     12.11 Greenhouse Software
     12.12 Workday
     12.13 Ultimate Software
     12.14 Jazzhr
     12.15 Clearcompany
     12.16 Bamboohr
     12.17 Racarie Software
     12.18 Zoho
     12.19 Smartrecruiters
     12.20 Ascentis
     12.21 Recruiterbox
     12.22 Infor
     12.23 Resumeware
     12.24 Tribepad
     12.25 ATS Ondemand
*Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 123)
     13.1 Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports
     13.7 Author Details


List of Tables (47 Tables)

Table 1 Applicant Tracking System Market Size, By Component, 2016–2023 (USD Million)
Table 2 Software: Market Size By Region, 2016–2023 (USD Million)
Table 3 Services: Market Size By Region, 2016–2023 (USD Million)
Table 4 Market Size By Deployment Type, 2016–2023 (USD Million)
Table 5 On-Premises: Market Size By Region, 2016–2023 (USD Million)
Table 6 Cloud: Market Size By Region, 2016–2023 (USD Million)
Table 7 Applicant Tracking System Market Size, By Organization Size, 2016–2023 (USD Million)
Table 8 Small and Medium-Sized Enterprises: Market Size By Region, 2016–2023 (USD Million)
Table 9 Large Enterprises: Market Size By Region, 2016–2023 (USD Million)
Table 10 Market Size By Vertical, 2016–2023 (USD Million)
Table 11 Banking, Financial Services, and Insurance: Market Size By Region, 2016–2023 (USD Million)
Table 12 IT and Telecommunications: Market Size By Region, 2016–2023 (USD Million)
Table 13 Government and Public Sector: Market Size By Region, 2016–2023 (USD Million)
Table 14 Retail and Consumer Goods: Market Size By Region, 2016–2023 (USD Million)
Table 15 Manufacturing: Market Size By Region, 2016–2023 (USD Million)
Table 16 Healthcare and Life Sciences: Market Size By Region, 2016–2023 (USD Million)
Table 17 Others: Market Size By Region, 2016–2023 (USD Million)
Table 18 Applicant Tracking System Market Size, By Region, 2016–2023 (USD Million)
Table 19 North America: Market Size By Component, 2016–2023 (USD Million)
Table 20 North America: Market Size By Deployment Type, 2016–2023 (USD Million)
Table 21 North America: Market Size By Organization Size, 2016–2023 (USD Million)
Table 22 North America: Market Size By Vertical, 2016–2023 (USD Million)
Table 23 North America: Market Size By Country, 2016–2023 (USD Million)
Table 24 Europe: Market Size By Component, 2016–2023 (USD Million)
Table 25 Europe: Market Size By Deployment Type, 2016–2023 (USD Million)
Table 26 Europe: Market Size By Organization Size, 2016–2023 (USD Million)
Table 27 Europe: Market Size By Vertical, 2016–2023 (USD Million)
Table 28 Europe: Market Size By Country, 2016–2023 (USD Million)
Table 29 Asia Pacific: Applicant Tracking System Market Size, By Component, 2016–2023 (USD Million)
Table 30 Asia Pacific: Market Size By Deployment Type, 2016–2023 (USD Million)
Table 31 Asia Pacific: Market Size By Organization Size, 2016–2023 (USD Million)
Table 32 Asia Pacific: Market Size By Vertical, 2016–2023 (USD Million)
Table 33 Asia Pacific: Market Size By Country, 2016–2023 (USD Million)
Table 34 Middle East and Africa: Market Size By Component, 2016–2023 (USD Million)
Table 35 Middle East and Africa: Market Size By Deployment Type, 2016–2023 (USD Million)
Table 36 Middle East and Africa: Market Size By Organization Size, 2016–2023 (USD Million)
Table 37 Middle East and Africa: Market Size By Vertical, 2016–2023 (USD Million)
Table 38 Middle East and Africa: Market Size By Country, 2016–2023 (USD Million)
Table 39 Latin America: Applicant Tracking System Market Size, By Component, 2016–2023 (USD Million)
Table 40 Latin America: Market Size By Deployment Type, 2016–2023 (USD Million)
Table 41 Latin America: Market Size By Organization Size, 2016–2023 (USD Million)
Table 42 Latin America: Market Size By Vertical, 2016–2023 (USD Million)
Table 43 Latin America: Market Size By Country, 2016–2023 (USD Million)
Table 44 Partnerships, Agreements, and Collaborations, 2017–2018
Table 45 New Product Launches and Product Enhancements, 2018
Table 46 Business Expansions, 2017
Table 47 Mergers and Acquisitions, 2017–2018


List of Figures (37 Figures)

Figure 1 Applicant Tracking System Market Segmentation
Figure 2 Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Applicant Tracking System Market: Assumptions
Figure 8 Fastest Growing Segments in the Market, 2018–2023
Figure 9 Market By Region
Figure 10 Global Market is Expected to Achieve High Growth During the Forecast Period
Figure 11 Need to Automate Recruitment Activities is Expected to Drive the Market Growth During the Forecast Period
Figure 12 Software Segment is Estimated to Have the Larger Market Share in 2018
Figure 13 Cloud Deployment Type is Estimated to Hold the Larger Market Share in 2018
Figure 14 Asia Pacific is Expected to Emerge as the Best Market for Investments in the Next 5 Years
Figure 15 Applicant Tracking System Market: Drivers, Restraints, Opportunities, and Challenges
Figure 16 Services Segment is Expected to Grow at Higher CAGR During the Forecast Period
Figure 17 Cloud Deployment Type is Expected to Account for the Larger Market Size During the Forecast Period
Figure 18 Large Enterprises Segment is Expected to Account for the Larger Market Size During the Forecast Period
Figure 19 Retail and Consumer Goods Vertical is Expected to Register the Fastest Growth Rate During the Forecast Period
Figure 20 Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 21 North America: Market Snapshot
Figure 22 Asia Pacific: Market Snapshot
Figure 23 Key Developments By the Leading Players in the Applicant Tracking System Market, 2016–2018
Figure 24 Market Evaluation Framework
Figure 25 Oracle: Company Snapshot
Figure 26 Oracle: SWOT Analysis
Figure 27 IBM: Company Snapshot
Figure 28 IBM: SWOT Analysis
Figure 29 SAP: Company Snapshot
Figure 30 SAP: SWOT Analysis
Figure 31 Cornerstone: Company Snapshot
Figure 32 Cornerstone: SWOT Analysis
Figure 33 ADP: Company Snapshot
Figure 34 ADP: SWOT Analysis
Figure 35 Workday: Company Snapshot
Figure 36 Ultimate Software: Company Snapshot
Figure 37 Infor: Company Snapshot

The Applicant Tracking System (ATS) market is expected to grow from USD 1.21 billion in 2018 to USD 1.81 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 8.3% during the forecast period. The demand for ATS is expected to be driven by many factors, such as low costs, flexibility, scalability, and security. ATS offers accelerated Time-to-Market (TTM) and enhanced recruiting processes.

The Applicant Tracking System market has been segmented on the basis of component, deployment mode, organization size, vertical, and region. The service type is expected to grow at a higher CAGR during the forecast period, and the software type is estimated to hold a larger market size in the ATS market in 2018. The adoption of ATS software and services among enterprises has become a central part of the business process, due to the ease of use and the flexibility they offer, and is expected to grow in the coming years.

The on-premises deployment type is estimated to hold a larger market size in 2018. As the Applicant Tracking System market is growing, the need to deploy software that are compatible with the on-premises infrastructure at a low cost is also becoming essential. The integration and deployment of the ATS software enables archiving, retention, and communication within the corporate infrastructure. As the number of candidate applications is increasing, enterprises are looking to use the ATS software to track the data across all storage locations, such as datacenters, network file shares, hard disks, and local machines, within the organization.

North America is estimated to hold the largest market size in 2018, whereas the Asia-Pacific (APAC) region is projected to grow at the highest CAGR in the Applicant Tracking System market during the forecast period. An increasing need for efficient recruiting process and complete security while operating in physical, virtual, or cloud environments is expected to drive the global ATS market.

Applicant Tracking System Market

Growth in geographically diverse talent acquisition, increasing need to automate recruitment processes, focus on enhancing candidate experience, and emerging need for analytics metrics are major growth factors for the market. However, lack of awareness about the benefits of ATS could affect the growth of the market.

The major players in the Applicant Tracking System market are Oracle (US), IBM (US), SAP (Germany), Cornerstone (US), ADP (US), iCIMS (US), Jobvite (US), PeopleFluent (US), SilkRoad Technology (US), Paycor (US), Greenhouse Software (US), Workday (US), Ultimate Software (US), JazzHR (US), ClearCompany (US), BambooHR (US), Racarie Software (US), Zoho (US), SmartRecruiters (US), Ascentis (US), Recruiterbox (US), Infor (US), ResumeWare (US), TribePad (UK), and ATS OnDemand (US). These players have adopted various growth strategies, such as new product developments, mergers and acquisitions, collaborations, and partnerships, to expand their presence in the global ATS market.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit https://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement


-
Request for FREE Sample of this report Send Request