Applicant Tracking System Market Analysis

  • Report ID: 4819
  • Published Date: Jun 13, 2024
  • Report Format: PDF, PPT

Applicant Tracking System Market Analysis

Deployment (On-premise, Cloud)

The global applicant tracking system market is segmented and analyzed for demand and supply by deployment into on premise, cloud. Out of these, the on premise segment is estimated to gain the largest market share of about 57% in the year 2036. The on premise segment is estimated to gain the largest market share owing to its cost-effective nature, faster processing speed, and the ability to customize the system according to the needs of the organization. ATS is a cost-effective way for companies to deploy, communicate, and maintain their on-premises infrastructure. Low-cost ATS solutions increase the efficiency of operations and reduce the need to hire more IT personnel. For instance, an on-premises platform from Crelate, a recruiting software provider, has been updated with a vendor management system (VMS) that allows recruiters and staffing professionals to streamline their recruitment process. Furthermore, the on-premise segment offers greater control over the data and its security, making it a popular choice for organizations.

Component Type (Software, Services)

The global applicant tracking system market is segmented and analyzed for demand and supply by component type into software and services. Out of these, the software segment is estimated to gain the significant market share of about 53% in the year 2036. The growth of the segment can be attributed to the increasing use of applicant tracking software by organizations to streamline their recruitment processes and reduce the time and effort involved in the hiring process. The software also helps to automate the processes and ensures compliance with regulatory requirements. Additionally, the rising demand for cloud-based solutions and the increasing use of mobile and web interfaces are contributing to the growth of the segment. The software offers features such as job posting, resume parsing, candidate screening and selection, interview scheduling, and onboarding. These features help organizations to reduce their recruitment costs, as they do not have to manually search for and review resumes.

Our in-depth analysis of the global market includes the following segments:

          By Component Type

  • Software
  • Services

          By Deployment

  • On-premise
  • Cloud

          By Organization Size

  • Small & Medium Enterprises
  • Large Enterprises

         By End Use

  • IT and Telecommunication
  • BFSI
  • Retail
  • Healthcare
  • Retail
  • Manufacturing
  • Others
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Author Credits:  Abhishek Verma


  • Report ID: 4819
  • Published Date: Jun 13, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The increasing demand for process automation in the recruitment process and the need for better operational efficiency and growing adoption of cloud-based solutions are the major factors driving the market growth.

The market size of applicant tracking system is anticipated to attain a CAGR of 9.70% over the forecast period, i.e., 2023-2035.

High installation and maintenance costs, and difficulty in integration of the applicant tracking system with existing HR systems are estimated to be the growth hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Talroo, International Business Machines Corporation (IBM), iCIMS, Oracle, PeopleFluent, Cornerstone, Workday, UKG Inc., ADP, Inc, SAP and others.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by component type, deployment, organization size, end use, and by region.

The on premise segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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