Factors that Drive the Growth of the Applicant Tracking Systems Market

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Applicant Tracking Systems Market
Applicant Tracking Systems Market

An applicant tracking system (ATS) is an application that manages recruitment process of an organization by collecting and storing resumes in a database. ATS collects resume in a database and gives recruiters an online view of job seekers after scanning and indexing their resumes. Most of the organization uses some form of applicant tracking system application to handle job applications and manage a large volume of resume data. The data is either collected from internal applications via ATSs or extracted from social networking websites such as LinkedIn, Facebook, and Twitter.

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Rise in need for cost saving, growth in need for strategic and improved hiring decisions, and emergence of social media drives the global applicant tracking systems market. However, complexity in process automation & integration, and data security & privacy concerns impede the market growth. Database security offers a major opportunity for market expansion.

The global applicant tracking systems market is segmented on the basis of deployment, social media integration, and geography. Based on deployment, it is bifurcated into cloud, on-premises. By social media integration, it is classified into Facebook, LinkedIn, and Twitter. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global applicant tracking systems market is dominated by key players such as ApplicantStack, Greenhouse, Hyrell, iCIMS, Inc., Workable, Bullhorn, Inc., ClearCompany, Findly Talent LLC, JobDiva, and Oracle.

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Applicant Tracking Systems Market Key Segments:

By Deployment

  • Cloud
  • On-premises

By Social Media Integration

  • Facebook
  • LinkedIn
  • Twitter

Key Market Players Profiled In The Report

  • ApplicantStack
  • Greenhouse
  • Hyrell
  • iCIMS, Inc.
  • Workable
  • Bullhorn, Inc.
  • ClearCompany
  • Findly Talent LLC
  • JobDiva
  • Oracle

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