The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global applicant tracking system market was valued at US$ 2.3 Billion in 2021.
We expect the global applicant tracking system market to exhibit a CAGR of 7.73% during 2022-2027.
The sudden outbreak of the COVID-19 pandemic has led to the increasing deployment of applicant tracking system across several organizations for conducting virtual recruitments and hiring procedures, during the lockdown and remote working scenario.
The rising adoption of applicant tracking system for reducing the workload of recruiters, minimizing the time spent on administrative tasks, providing faster resume screening, etc., is primarily driving the global applicant tracking system market.
Based on the deployment, the global applicant tracking system market has been divided into on-premises and cloud. Currently, on-premises hold the majority of the total market share.
Based on the organization size, the global applicant tracking system market can be categorized into small and medium-sized enterprises and large enterprises, where small and medium-sized enterprises currently exhibit a clear dominance in the market.
Based on the component, the global applicant tracking system market has been segregated into software and services. Currently, software accounts for the largest market share.
Based on the end-user, the global applicant tracking system market can be bifurcated into BFSI, IT and telecommunications, government and public sector, retail, manufacturing, healthcare and life sciences, and others. Among these, the IT and telecommunication sector holds the majority of the global market share.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global applicant tracking system market include ApplicantStack, ATS Ondemand, Clearcompany, Greenhouse Software, IBM, iCIMS, JazzHR, Jobvite, Oracle, SAP SE, SilkRoad Technology, SmartRecruiters, Tribepad, Ultimate Software, Zoho, etc.
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at