PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1453757
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1453757
Global Applicant Tracking System Market Size study & Forecast, by Component by Deployment, by Organization Size, by End-use and Regional Analysis, 2023-2030
Global Applicant Tracking System Market is valued approximately at USD 2.41 billion in 2022 and is anticipated to grow with a growth rate of more than 6.20% over the forecast period 2023-2030. An Applicant Tracking System (ATS) is a software application that streamlines and automates the recruitment process for organizations by managing the entire lifecycle of job applicants. From posting job openings to sourcing candidates, screening resumes, scheduling interviews, and ultimately hiring, an ATS centralizes all recruitment-related activities into a single platform. This system allows recruiters and hiring managers to efficiently track and manage candidate data, including resumes, applications, communication logs, and interview feedback. The Applicant Tracking System market is expanding because of factors such as high volume of job applications, rising demand for streamlined recruitment processes and globalization and remote work trends.
The growth of online job platforms and the ease of submitting applications, companies often receive a high volume of resumes for open positions. The Applicant Tracking System helps manage and organize these large volumes of applications, making the hiring process more manageable. According to Statista, in 2023, the rate of hiring intent across India by various organizations and corporates was estimated to be at 36 percent. This was an increase compared to the previous year when the hiring intent was at 35.9 percent. Moreover, according to Statista, there were 8.79 million job openings in the United States by the end of November 2023. This is an increase from the previous month's 8.85 million job openings, thus rising volume of job applications is driving the market growth. In addition, rising technological advancement and integration with HR and talent management systems are creating new opportunities to the market growth. However, limited technical expertise and complexity involved with the integration of ATS software with other systems stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Applicant Tracking System Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share. The expansion in the region is driven by the increasing embrace of digital strategies centered around novel and advanced technologies. This region stands out as the primary revenue contributor to the ATS market, given that numerous major global companies have their headquarters situated here. Moreover, companies within the region prioritize the optimization of recruitment processes and the reduction of manual tasks, rendering ATS an appealing solution. Consequently, the escalating digitization within the region plays a pivotal role in driving the growth of the market. Asia Pacific is expected to grow at a fastest rate during the forecast period, owing to factors such as rising collaborations and the widespread digitalization of businesses. A substantial increase in business interactions with the U.S. in the last decade has resulted in the widespread adoption of applicant tracking system software in the region. Consequently, the growing economic significance of this software has directly influenced the upward trajectory of the regional market.
Major market player included in this report are:
- IBM Corporation
- Oracle Corporation
- Jobvite Inc.
- Bullhorn, Inc. (Vista Equity Partners)
- iCIMS, Inc.
- SmartRecruiters, Inc.
- Workday, Inc.
- SAP SE
- Workable Technology Limited
- Greenhouse Software, Inc.
Recent Developments in the Market:
- In June 2023, IBM Corporation disclosed its acquisition of Apptio Inc., a company specializing in delivering actionable economic and operational insights for enterprise IT. This strategic move is expected to expedite the advancement of IBM's IT automation capabilities, empowering business leaders to derive heightened business value from their technology investments.
- In August 2023, RChilli introduced a new feature called RCR (RChilli Candidate Recharge). With RCR, the company is revolutionizing the way applicant data is reprocessed within the Applicant Tracking System, ensuring an efficient and seamless experience for both end users and providers of ATS.
Global Applicant Tracking System Market Report Scope:
- Historical Data - 2020 - 2021
- Base Year for Estimation - 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered - Deployment, Component, Organization Size, End-use, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
- Software
- Services
By Deployment:
- Cloud-based
- On-premise
By Organization Size:
- Large Enterprises
- Small & Medium Enterprises
By End-use:
- BFSI
- IT & Telecom
- Manufacturing
- Retail & Consumer Goods
- Healthcare
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1.Executive Summary
- 1.1.Market Snapshot
- 1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1.Applicant Tracking System Market, by region, 2020-2030 (USD Billion)
- 1.2.2.Applicant Tracking System Market, by Component, 2020-2030 (USD Billion)
- 1.2.3.Applicant Tracking System Market, by Deployment, 2020-2030 (USD Billion)
- 1.2.4.Applicant Tracking System Market, by Organization Size, 2020-2030 (USD Billion)
- 1.2.5.Applicant Tracking System Market, by End-use, 2020-2030 (USD Billion)
- 1.3.Key Trends
- 1.4.Estimation Methodology
- 1.5.Research Assumption
Chapter 2.Global Applicant Tracking System Market Definition and Scope
- 2.1.Objective of the Study
- 2.2.Market Definition & Scope
- 2.2.1.Industry Evolution
- 2.2.2.Scope of the Study
- 2.3.Years Considered for the Study
- 2.4.Currency Conversion Rates
Chapter 3.Global Applicant Tracking System Market Dynamics
- 3.1.Applicant Tracking System Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
- 3.1.1.1.High volume of job applications
- 3.1.1.2.Rising demand for streamlined recruitment processes
- 3.1.1.3.Globalization and remote work trends
- 3.1.2.Market Challenges
- 3.1.2.1.Limited technical expertise
- 3.1.2.2.Complexity involved with the integration of ATS software
- 3.1.3.Market Opportunities
- 3.1.3.1.Rising technological advancement
- 3.1.3.2.Integration with HR and talent management systems
- 3.1.1.Market Drivers
Chapter 4.Global Applicant Tracking System Market: Industry Analysis
- 4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
- 4.2.Porter's 5 Force Impact Analysis
- 4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economic
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
- 4.4.Top investment opportunity
- 4.5.Top winning strategies
- 4.6.COVID-19 Impact Analysis
- 4.7.Disruptive Trends
- 4.8.Industry Expert Perspective
- 4.9.Analyst Recommendation & Conclusion
Chapter 5.Global Applicant Tracking System Market, by Component
- 5.1.Market Snapshot
- 5.2.Global Applicant Tracking System Market by Component, Performance - Potential Analysis
- 5.3.Global Applicant Tracking System Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
- 5.4.Applicant Tracking System Market, Sub Segment Analysis
- 5.4.1. Software
- 5.4.2.Services
Chapter 6.Global Applicant Tracking System Market, by Deployment
- 6.1.Market Snapshot
- 6.2.Global Applicant Tracking System Market by Deployment, Performance - Potential Analysis
- 6.3.Global Applicant Tracking System Market Estimates & Forecasts by Deployment 2020-2030 (USD Billion)
- 6.4.Applicant Tracking System Market, Sub Segment Analysis
- 6.4.1. Cloud-based
- 6.4.2.On-premise
Chapter 7.Global Applicant Tracking System Market, by Organization Size
- 7.1.Market Snapshot
- 7.2.Global Applicant Tracking System Market by Organization Size, Performance - Potential Analysis
- 7.3.Global Applicant Tracking System Market Estimates & Forecasts by Organization Size 2020-2030 (USD Billion)
- 7.4.Applicant Tracking System Market, Sub Segment Analysis
- 7.4.1. Large Enterprises
- 7.4.2.Small & Medium Enterprises
Chapter 8.Global Applicant Tracking System Market, by End-use
- 8.1.Market Snapshot
- 8.2.Global Applicant Tracking System Market by End-use, Performance - Potential Analysis
- 8.3.Global Applicant Tracking System Market Estimates & Forecasts by End-use 2020-2030 (USD Billion)
- 8.4.Applicant Tracking System Market, Sub Segment Analysis
- 8.4.1. BFSI
- 8.4.2.IT & Telecom
- 8.4.3.Manufacturing
- 8.4.4.Retail & Consumer Goods
- 8.4.5.Healthcare
- 8.4.6.Others
Chapter 9.Global Applicant Tracking System Market, Regional Analysis
- 9.1.Top Leading Countries
- 9.2.Top Emerging Countries
- 9.3.Applicant Tracking System Market, Regional Market Snapshot
- 9.4.North America Applicant Tracking System Market
- 9.4.1.U.S. Applicant Tracking System Market
- 9.4.1.1.Component breakdown estimates & forecasts, 2020-2030
- 9.4.1.2.Deployment breakdown estimates & forecasts, 2020-2030
- 9.4.1.3.Organization Size breakdown estimates & forecasts, 2020-2030
- 9.4.1.4.End-use breakdown estimates & forecasts, 2020-2030
- 9.4.2.Canada Applicant Tracking System Market
- 9.4.1.U.S. Applicant Tracking System Market
- 9.5.Europe Applicant Tracking System Market Snapshot
- 9.5.1.U.K. Applicant Tracking System Market
- 9.5.2.Germany Applicant Tracking System Market
- 9.5.3.France Applicant Tracking System Market
- 9.5.4.Spain Applicant Tracking System Market
- 9.5.5.Italy Applicant Tracking System Market
- 9.5.6.Rest of Europe Applicant Tracking System Market
- 9.6.Asia-Pacific Applicant Tracking System Market Snapshot
- 9.6.1.China Applicant Tracking System Market
- 9.6.2.India Applicant Tracking System Market
- 9.6.3.Japan Applicant Tracking System Market
- 9.6.4.Australia Applicant Tracking System Market
- 9.6.5.South Korea Applicant Tracking System Market
- 9.6.6.Rest of Asia Pacific Applicant Tracking System Market
- 9.7.Latin America Applicant Tracking System Market Snapshot
- 9.7.1.Brazil Applicant Tracking System Market
- 9.7.2.Mexico Applicant Tracking System Market
- 9.8.Middle East & Africa Applicant Tracking System Market
- 9.8.1.Saudi Arabia Applicant Tracking System Market
- 9.8.2.South Africa Applicant Tracking System Market
- 9.8.3.Rest of Middle East & Africa Applicant Tracking System Market
Chapter 10.Competitive Intelligence
- 10.1.Key Company SWOT Analysis
- 10.1.1.Company 1
- 10.1.2.Company 2
- 10.1.3.Company 3
- 10.2.Top Market Strategies
- 10.3.Company Profiles
- 10.3.1. IBM Corporation
- 10.3.1.1.Key Information
- 10.3.1.2.Overview
- 10.3.1.3.Financial (Subject to Data Availability)
- 10.3.1.4.Product Summary
- 10.3.1.5.Recent Developments
- 10.3.2.Oracle Corporation
- 10.3.3.Jobvite Inc.
- 10.3.4.Bullhorn, Inc. (Vista Equity Partners)
- 10.3.5.iCIMS, Inc.
- 10.3.6.SmartRecruiters, Inc.
- 10.3.7.Workday, Inc.
- 10.3.8.SAP SE
- 10.3.9.Workable Technology Limited
- 10.3.10.Greenhouse Software, Inc.
- 10.3.1. IBM Corporation
Chapter 11.Research Process
- 11.1.Research Process
- 11.1.1.Data Mining
- 11.1.2.Analysis
- 11.1.3.Market Estimation
- 11.1.4.Validation
- 11.1.5.Publishing
- 11.2.Research Attributes
- 11.3.Research Assumption
LIST OF TABLES
- TABLE 1.Global Applicant Tracking System Market, report scope
- TABLE 2.Global Applicant Tracking System Market estimates & forecasts by Region 2020-2030 (USD Billion)
- TABLE 3.Global Applicant Tracking System Market estimates & forecasts by Component 2020-2030 (USD Billion)
- TABLE 4.Global Applicant Tracking System Market estimates & forecasts by Deployment 2020-2030 (USD Billion)
- TABLE 5.Global Applicant Tracking System Market estimates & forecasts by Organization Size 2020-2030 (USD Billion)
- TABLE 6.Global Applicant Tracking System Market estimates & forecasts by End-use 2020-2030 (USD Billion)
- TABLE 7.Global Applicant Tracking System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 8.Global Applicant Tracking System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 9.Global Applicant Tracking System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 10.Global Applicant Tracking System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 11.Global Applicant Tracking System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 12.Global Applicant Tracking System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 13.Global Applicant Tracking System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 14.Global Applicant Tracking System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 15.Global Applicant Tracking System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 16.Global Applicant Tracking System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 17.U.S. Applicant Tracking System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 18.U.S. Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 19.U.S. Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 20.Canada Applicant Tracking System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 21.Canada Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 22.Canada Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 23.UK Applicant Tracking System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 24.UK Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 25.UK Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 26.Germany Applicant Tracking System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 27.Germany Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 28.Germany Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 29.France Applicant Tracking System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 30.France Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 31.France Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 32.Italy Applicant Tracking System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 33.Italy Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 34.Italy Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 35.Spain Applicant Tracking System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 36.Spain Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 37.Spain Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 38.RoE Applicant Tracking System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 39.RoE Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 40.RoE Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 41.China Applicant Tracking System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 42.China Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 43.China Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 44.India Applicant Tracking System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 45.India Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 46.India Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 47.Japan Applicant Tracking System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 48.Japan Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 49.Japan Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 50.South Korea Applicant Tracking System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 51.South Korea Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 52.South Korea Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 53.Australia Applicant Tracking System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 54.Australia Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 55.Australia Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 56.RoAPAC Applicant Tracking System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 57.RoAPAC Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 58.RoAPAC Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 59.Brazil Applicant Tracking System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 60.Brazil Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 61.Brazil Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 62.Mexico Applicant Tracking System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 63.Mexico Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 64.Mexico Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 65.RoLA Applicant Tracking System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 66.RoLA Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 67.RoLA Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 68.Saudi Arabia Applicant Tracking System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 69.South Africa Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 70.RoMEA Applicant Tracking System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 71.List of secondary sources, used in the study of global Applicant Tracking System Market
- TABLE 72.List of primary sources, used in the study of global Applicant Tracking System Market
- TABLE 73.Years considered for the study
- TABLE 74.Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES
- FIG 1.Global Applicant Tracking System Market, research methodology
- FIG 2.Global Applicant Tracking System Market, Market estimation techniques
- FIG 3.Global Market size estimates & forecast methods
- FIG 4.Global Applicant Tracking System Market, key trends 2022
- FIG 5.Global Applicant Tracking System Market, growth prospects 2023-2030
- FIG 6.Global Applicant Tracking System Market, porters 5 force model
- FIG 7.Global Applicant Tracking System Market, pest analysis
- FIG 8.Global Applicant Tracking System Market, value chain analysis
- FIG 9.Global Applicant Tracking System Market by segment, 2020 & 2030 (USD Billion)
- FIG 10.Global Applicant Tracking System Market by segment, 2020 & 2030 (USD Billion)
- FIG 11.Global Applicant Tracking System Market by segment, 2020 & 2030 (USD Billion)
- FIG 12.Global Applicant Tracking System Market by segment, 2020 & 2030 (USD Billion)
- FIG 13.Global Applicant Tracking System Market by segment, 2020 & 2030 (USD Billion)
- FIG 14.Global Applicant Tracking System Market, regional snapshot 2020 & 2030
- FIG 15.North America Applicant Tracking System Market 2020 & 2030 (USD Billion)
- FIG 16.Europe Applicant Tracking System Market 2020 & 2030 (USD Billion)
- FIG 17.Asia pacific Applicant Tracking System Market 2020 & 2030 (USD Billion)
- FIG 18.Latin America Applicant Tracking System Market 2020 & 2030 (USD Billion)
- FIG 19.Middle East & Africa Applicant Tracking System Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
