[August 13, 2020]

Insights on the Global Applicant Tracking Systems Market 2020-2024 | COVID-19 Analysis, Drivers, Restraints, Opportunities and Threats | Technavio

Technavio has been monitoring the applicant tracking systems market and it is poised to grow by USD 454.31 million during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200813005388/en/

Technavio has announced its latest market research report titled Global Applicant Tracking Systems Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please request Free Sample Report on COVID-19 Impact

Frequently Asked Questions-

• At what rate is the market projected to grow during the forecast period 2020-2024?

• Growing at a CAGR of over 6%, the market growth will accelerate in the forecast period.

• What is the key factor driving the market?

• The advantage of cost-efficiency is one of the key factors driving the market growth.

• What are the top players in the market?

• Alphabet Inc., Automatic Data Processing (News - Alert) Inc., ClearCompany Inc., Greenhouse Software Inc., iCIMS Inc., International Business Machines Corp., Jobvite Inc., Oracle Corp., SAP SE, and Workday Inc. are some of the major market participants.

• Which region is expected to hold the highest market share?

• North America

• What is a major trend in the market?

• The growing popularity of ATS-integrated social media recruiting is a major trend driving the market growth.

• What is the year-over-year growth rate of the global market?

• The year-over-year growth rate for 2020 is estimated at 5.35%.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alphabet Inc., Automatic Data Processing Inc., ClearCompany Inc., Greenhouse Software Inc., iCIMS Inc., International Business Machines Corp., Jobvite Inc., Oracle Corp., SAP (News - Alert) SE, and Workday Inc. are some of the major market participants. The advantage of cost-efficiency and less time-consumtion will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Applicant Tracking Systems Market 2020-2024: Segmentation

Applicant Tracking Systems Market is segmented as below:

• Deployment
  • Cloud-based
  • On-premises
• Geography
  • North America
  • Europe
  • APAC
  • South America
  • MEA

Applicant Tracking Systems Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our applicant tracking systems market report covers the following areas:

• Applicant Tracking Systems Market size
• Applicant Tracking Systems Market trends
• Applicant Tracking Systems Market analysis

This study identifies the popularity of ATS-integrated social media recruiting as one of the prime reasons driving the applicant tracking systems market growth during the next few years.

Applicant Tracking Systems Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the applicant tracking systems market, including some of the vendors such as Alphabet Inc., Automatic Data Processing Inc., ClearCompany Inc., Greenhouse Software Inc., iCIMS Inc., International Business Machines Corp., Jobvite Inc., Oracle (News - Alert) Corp., SAP SE, and Workday Inc. Backed with competitive intelligence and benchmarking, our research reports on the applicant tracking systems market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform

Applicant Tracking Systems Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist applicant tracking systems market growth during the next five years
• Estimation of the applicant tracking systems market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the applicant tracking systems market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of applicant tracking systems market vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Deployment

• Market segments
• Comparison by Deployment
• Cloud-based - Market size and forecast 2019-2024
• On-premises - Market size and forecast 2019-2024
• Market opportunity by Deployment

Customer Landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Market Drivers - Demand led growth

Market Challenges

Market Trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Alphabet Inc.
• Automatic Data Processing Inc.
• ClearCompany Inc.
• Greenhouse Software Inc.
• iCIMS Inc.
• International Business Machines Corp.
• Jobvite Inc.
• Oracle Corp.
• SAP SE
• Workday Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200813005388/en/

[ Back To TMCnet.com's Homepage ]