세계의 지원자 추적 시스템 시장 규모, 점유율, 성장 분석 : 컴포넌트별, 배포별, 규모별, 최종 용도별, 지역별 - 산업 예측(2024-2031년)

Global Applicant Tracking System Market size was valued at USD 2.4 billion in 2022 and is poised to grow from USD 2.5 billion in 2023 to USD 4.2 billion by 2031, growing at a CAGR of 6.7% during the forecast period (2024-2031).

The rising adoption of Applicant Tracking Systems (ATS) heralds a transformative shift in recruitment practices across various sectors, including banking, healthcare, and retail. By automating and streamlining hiring processes through advanced machine learning and artificial intelligence technologies, ATS effectively sorts, filters, and manages job applications, thereby reducing reliance on manual review, which is often hindered by biases and inefficiencies. These systems harness natural language processing and data analytics to enhance the screening process, limiting human errors while optimizing communication with candidates. With organizations increasingly seeking to cut labor costs and improve talent acquisition outcomes, the demand for ATS solutions is surging, offering significant operational advantages and opportunities to better harness vast data repositories for improved hiring outcomes.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Applicant Tracking System market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Applicant Tracking System Market Segmental Analysis

Global Applicant Tracking System Market is segmented by Component, Deployment, Size, End Use and Region. Based on Component, the market is segmented into Software, Services, Training and Support, Maintenance. Based on Deployment, the market is segmented into On Premises, Cloud. Based on Size, the market is segmented into SMEs, Large Enterprises. Based on End Use, the market is segmented into IT and Telecom, BFSI, Healthcare, Retail. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Global Applicant Tracking System Market

The Global Applicant Tracking System market is significantly driven by the increasing implementation of automation in the hiring process. Each year, advancements in automated recruitment capabilities present new opportunities and challenges for both job seekers and employers. Features such as personalized applicant tracking, algorithm-driven resume sorting, customized data collection interfaces, and digital scheduling for interviews are compelling more businesses to adopt these technologies. As organizations seek to enhance their efficiency and productivity, the demand for application tracking platforms is expected to surge throughout the forecast period, solidifying the market's growth trajectory and revolutionizing recruitment practices.

Restraints in the Global Applicant Tracking System Market

One of the significant restraints in the global Applicant Tracking System (ATS) market is the shortage of skilled professionals capable of effectively utilizing these systems. Human resources departments often encounter difficulties in operating ATS software due to a lack of adequate expertise and training among their personnel. To maximize the capabilities of this technology, comprehensive instruction and education are crucial. Without a swift enhancement of skills among HR specialists, market growth may be stifled. As workplaces transform, the recruiting landscape increasingly requires a dynamic skillset that aligns with the changing responsibilities across various industries, creating additional challenges for market expansion.

Market Trends of the Global Applicant Tracking System Market

The Global Applicant Tracking System (ATS) market is witnessing a notable trend towards the increasing acceptance of cloud-based recruitment solutions. Organizations are migrating to cloud infrastructures for enhanced data storage and accessibility, leveraging the scalability and processing power offered by remote servers. This transition reduces reliance on traditional on-premises security applications, as cloud services provide robust protection for sensitive information, applications, and users. Consequently, the demand for applicant tracking systems is expected to rise as businesses seek streamlined, efficient hiring processes that benefit from the flexibility and security of cloud technology. This trend underscores the shift towards digital transformation in recruitment practices.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2023
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Technological Advancement
• Regulatory Landscape
• Case Studies
• Patent Analysis

Applicant Tracking System Market Size by Component & CAGR (2024-2031)

• Market Overview
• Software
• Services
• Training and Support
• Maintenance

Applicant Tracking System Market Size by Deployment & CAGR (2024-2031)

• Market Overview
• On Premise
• Cloud

Applicant Tracking System Market Size by End Use & CAGR (2024-2031)

• Market Overview
• IT and Telecom
• BFSI
• Healthcare
• Retail
• Others

Applicant Tracking System Market Size by Size & CAGR (2024-2031)

• Market Overview
• SMEs
• Large Enterprises

Applicant Tracking System Market Size & CAGR (2024-2031)

• North America, (Component, Deployment, Size, End Use)
  • US
  • Canada
• Europe, (Component, Deployment, Size, End Use)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (Component, Deployment, Size, End Use)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (Component, Deployment, Size, End Use)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Component, Deployment, Size, End Use)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2023
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• International Business Machines Corporation (IBM): United States
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• iCIMS: United States
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Oracle: United States
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• PeopleFluent: United States
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Cornerstone: United States
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Workday: United States
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bullhorn, Inc.: United States
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• UKG Inc.: United States
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ADP, Inc: United States
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SAP: Germany
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BambooHR LLC: United States
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Paycor, Inc.: United States
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Zoho Corporation Pvt. Ltd: India
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation