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Applicant Tracking Systems Market to grow by USD 745.21 million from 2022 to 2027, The advantages of applicant tracking systems to boost growth - TechnavioNEW YORK, Feb. 6, 2024 /PRNewswire/ -- The applicant tracking systems market is estimated to grow by USD 745.21 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 5.69% during the forecast period. The advantages of applicant tracking systems are driving the growth. The applicant tracking system (ATS) excels in recruitment through its focus on time to hire, cost per hire, and quality of hire. This software, integral to human capital management, streamlines the recruitment process, offering efficiency compared to traditional methods. While traditional approaches are time-consuming, ATS proves cost-effective with diverse package models, including salary per recruit, position, module, or employee. This flexibility allows employers to choose a cost plan that aligns with their needs, making the ATS a powerful tool in modern recruitment. For more insights on the historical (2017 to 2021) and forecast market size (2023 to 2027) - Request a Free sample report Applied Training Systems Inc., Arcoro, Automatic Data Processing Inc., Bamboo HR LLC, Bullhorn Inc., ClearCo. Inc., Cornerstone OnDemand Inc., iCIMS Inc., International Business Machines Corp., Jobvite Inc., Learning Technologies Group Plc, Oracle Corp., Paycor Inc., SAP SE, Self Management Resources Corp., Silkroad Technology Inc., Skeeled HR S.a.r.l., UKG Inc., Workday Inc., and Zoho Corp. Pvt. Ltd. are key companies. What's New?
Technavio has segmented the market based on End-user (BFSI, Government, Telecom and IT, Healthcare and life sciences, and Others ), Deployment (On-premise and Cloud-based ), and Geography (North America, Europe, APAC, Middle East and Africa, and South America).
Insights on the contribution of various segments including country and region wise historic data (2017 to 2021), and forecast market size (2023 to 2027) - Download a Free Sample Report
Insights on Drivers, trends, & Challenges, historic period(2017 to 2021), and forecast period(2023 to 2027)- Request a Free sample report! Applicant Tracking Systems will Automate and Optimize the Hiring Process Applicant Tracking Systems (ATS) offers several benefits in the recruitment process and HR management. These systems provide recruitment software that streamlines talent acquisition and candidate management. They enable HR technology to automate hiring solutions, including job applicant tracking, resume parsing, and recruitment automation. ATS platforms enhance human resources software with recruitment analytics, improving talent management and hiring management processes. These systems facilitate resume screening and staffing software, making job search software more efficient. Overall, ATS platforms automate and optimize the hiring process, improving recruitment tools for both employers and job seekers. What are the key data covered in this Applicant Tracking Systems Market report?
Technavio's SUBSCRIPTION platform Related Reports: The Applicant Tracking System (ATS) In Higher Education Market size is estimated to grow at a CAGR of 3.66% between between 2023 and 2028. The recruitment process outsourcing market is estimated to grow by USD 7,600.36 million at a CAGR of 15.2% between 2022 and 2027. ToC: Executive Summary Market Landscape Market Sizing Historic Sizes Five Forces Analysis Segmentation by End-user Segmentation by Deployment Segmentation by Geography Customer Landscape Geographic Landscape Drivers, Challenges, & Trends Company Landscape Company Analysis Appendix About Us Contact View original content to download multimedia:https://www.prnewswire.com/news-releases/applicant-tracking-systems-market-to-grow-by-usd-745-21-million-from-2022-to-2027--the-advantages-of-applicant-tracking-systems-to-boost-growth---technavio-302053469.html SOURCE Technavio |