Applicant Tracking Tools Market Scope
The global Applicant Tracking Tools market is expected to boost in the forecasted period due to the growing requirements of cost-saving as well as strategic and improved hiring decisions. Applicant Tracking Tools enable the electronic handling of recruitment and hiring needs. Applicant Tracking Tools collects a resume in a database and gives recruiters an online view of job seekers after scanning and indexing their resumes. Increasing demand for cloud-based Applicant Tracking Tools, gaining popularity of mobile-based recruitment help to trigger the global Applicant Tracking Tools market in the forecasted period.
The Applicant Tracking Tools market study is segmented, by Application (BFSI, IT And Telecommunications, Government and Public Sector, Retail and Consumer Goods, Manufacturing, Healthcare and Life Sciences and Others) and major geographies with country level break-up.
The vendors are majorly focusing on developing new & innovative solutions in order to cater to market demands & to remain competitive in the market as the market is fragmented with the presence of a large number of players across the world. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Applicant Tracking Tools market throughout the predicted period.
Oracle (United States), SAP (Germany), IBM (United States), Cornerstone (United States), ADP (United States), iCIMS (United States), SilkRoad Technology (United States), Zoho (United States), Paycor (United States), Jobvite (United States) and PeopleFluent (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Greenhouse Software (United States), Workday (United States), Ultimate Software (United States), JazzHR (United States), ClearCompany (United States), BambooHR (United States), Racarie Software (United States), SmartRecruiters (United States), Ascentis (United States), Recruiterbox (United States), Infor (United States), ResumeWare (United States), TribePad (United Kingdom) and ATS OnDemand (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Applicant Tracking Tools market by Type, Application and Region.
On the basis of geography, the market of Applicant Tracking Tools has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In 2019, My Ally, the world’s leading platform for recruiting AI technology, has announced its public listing on the SAP App Center for global deployments. My Ally is listed as a preferred recruiting productivity solution for customers of SAP’s SuccessFactors Applicant Tracking System (ATS).
On10th October 2018, Oracle and LinkedIn today announced that they are working together to help HR professionals meet the shifting demands of the talent economy. A series of new integrations between Oracle’s Human Capital Management Cloud (Oracle HCM Cloud) and Taleo Enterprise Edition, and LinkedIn, will help HR teams attract, engage and retain employees by growing their talent pool, improving the candidate experience, enhancing internal mobility and increasing career development opportunities.
- The Growing Focus on Enhancing the Experience of Candidate
- Increasing Inclination towards Automate Recruitment Processes
- Upsurging Geographically Diverse Talent Acquisition
- Fueling Demand for Analytics Metrics
- High Adoption due to Collaboration With Social Media Platforms Simplifying Applicant Tracking Processes
- Upsurging Popularity of Mobile Recruitment
- Lack of Awareness Associated with Applicant Tracking Tools
- Dearth Of Technical Expertise
- The Growing Concern about Integration of ATS Software With Other Systems
Key Target AudienceApplicant Tracking Tools Providers, Technology Providers, Software Vendors, Government Regulatory Bodies, Private Research Organizations, Government Research Organizations and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Applicant Tracking Tools Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.