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Applicant Tracking Systems - Global Market Trajectory & Analytics

  • ID: 4805100
  • Report
  • April 2021
  • Region: Global
  • 229 pages
  • Global Industry Analysts, Inc
Global Applicant Tracking Systems Market to Reach $2 Billion by 2027

Amid the COVID-19 crisis, the global market for Applicant Tracking Systems estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$2 Billion by 2027, growing at a CAGR of 6.9% over the period 2020-2027. Software, one of the segments analyzed in the report, is projected to record 6.8% CAGR and reach US$1.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 7% CAGR for the next 7-year period.



The U.S. Market is Estimated at $375.6 Million, While China is Forecast to Grow at 6.4% CAGR

The Applicant Tracking Systems market in the U.S. is estimated at US$375.6 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$354.6 Million by the year 2027 trailing a CAGR of 6.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.5% and 5.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.6% CAGR.

Select Competitors (Total 46 Featured):
  • ApplicantStack
  • BambooHR LLC
  • Cornerstone OnDemand, Inc.
  • ExactHire
  • Greenhouse Software, Inc.
  • Hyrell
  • iCIMS, Inc.
  • Jobvite, Inc.
  • Lever, Inc.
  • Lumesse Ltd.
  • Paycor, Inc.
  • SAP SE
  • Workable Software Limited
  • Workday, Inc.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Introduction
  • Advantages of ATS
  • Outlook
  • Leading ATS Systems
  • Leading players in the ATS Software Market: Percentage Breakdown of Sales by Company
  • Exhibit 1: Leading players in the ATS Software Market by Hiring Volume
  • AI Integration Revolutionizes Applicant Tracking System and Recruitment Process
  • AI-Based ATS Software Aids in Recruitment of Quality Candidates
  • Focus Grows on Development of Affordable ATS Solutions for SMBs
  • Companies Seek to Capitalize on Novel ATS Features
  • Rise in Integration of Social Media with ATS
  • Applicant Tracking Systems - Part of New Recruitment Technologies
  • Benefits of Applicant Tracking System
  • Selecting Applicant Tracking System
  • CMC Introduces Healthcare Applicant Tracking System.
  • BerniePortal Launches Applicant Tracking System.
  • Butler Introduces “Butler Careers Site
  • LinkedIn Introduces Tracking System .
III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 46
Note: Product cover images may vary from those shown
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