The recently published market study by ReportCrux Market Research highlights the current trends that are expected to influence the dynamics of the Applicant Tracking System market in the upcoming years. The report introspects the supply chain, cost structure, and recent developments pertaining to the Applicant Tracking System market in the report and the impact of the COVID-19 on these facets of the market
Request for Sample Report: https://www.reportcrux.com/get-sample/Applicant-Tracking-System-Market
Applicant Tracking System Market Size
The global Applicant Tracking System Market is estimated to grow from USD 1.29 Billion in 2019 to reach USD 2.58 Billion by 2027, at a CAGR of 9.1% during the forecast period from 2020-2027.
Growing necessity to automate recruitment processes, increasingly expanding talent pool across diverse geographies, evolving need for analytics matrices in recruitment process and emphasis to improve candidate experience is expected to drive the growth in the market for Applicant Tracking System in the mobile phones.
Key Players Analysis
Further, the micro and macro-economic factors that are likely to impact the growth of the Applicant Tracking System market are thoroughly studied in the presented market study. Major players in Applicant Tracking System market are IBM, Oracle, ADP, SAP, Workday
By Deployment Mode
North America held largest revenue share of the global applicant tracking system market in 2019. This large share is attributed to presence of major IT and telecommunication service providers, matured market place in terms of technology adoption, highly competitive recruitment market and strong economy to attract competent and skilled personnel. Europe was second leading regional market.
Continuous investments to bring new and advanced technologies and swift adoption of technologically advanced solutions to comply with regulatory requirements are factors attributing to the market growth in this region. Asia Pacific region is projected to be rapidly growing regional market for applicant tracking system due to increasing talent pool from emerging markets like China and India. Moderate growth is predicted in Latin America and Middle East and Africa region over the forecast period.
Drivers responsible for growth in the market include:
Growing necessity to automate recruitment processes Increasingly expanding talent pool across diverse geographies Evolving need for analytics matrices in recruitment process Emphasis to improve candidate experience
Comprehensive pricing analysis on the basis of product, application, and regional segments
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Applicant Tracking System market
Deep insights about regulatory and investment scenarios of the global Applicant Tracking System market
Analysis of market effect factors and their impact on the forecast and outlook of the global Applicant Tracking System market
A roadmap of growth opportunities available in the global Applicant Tracking System market with the identification of key factors
The exhaustive analysis of various trends of the global Applicant Tracking System market to help identify market developments
Ask for Discount: https://www.reportcrux.com/check-discount/Applicant-Tracking-System-Market
Browse More Detail Information our Market Analysis https://www.reportcrux.com/summary/2837/Applicant-Tracking-System-Market
Read Our Blog: https://sites.google.com/view/market-intelligence-report
ReportCrux Market Research
Kemp House 152 – 160 City Road London EC1V 2NX
phone Number: +91 895 615 7215