Application Tracking System Market: Established Key players Will Try to Generate New Growth Opportunities in the Upcoming Years

Because of the existence of global and rising companies in the market, the applicant tracking system market is growing. The significant adoption of cloud services and security infrastructure are the major factors driving the adoption of ATS solutions among enterprises and SMEs across various verticals, including BFSI, government, manufacturing, telecom and IT, consumer goods and retail, healthcare and life sciences, energy and utilities, transportation and logistics, and others. Vendors in the market should expect additional prospects in developing nations throughout APAC and MEA.

The greatest revenue contributors to the ATS market are North America and Europe, as these regions’ growth is fuelled by increasing instances of digitization among businesses and the growing adoption of cost-effective cloud-based recruitment solutions. The other three regions, APAC, MEA, and South America, are predicted to grow rapidly, as the adoption of advanced hiring solutions in these regions has been slow in the past, but is now gaining traction due to an increase in digitalization. During the projection period, APAC is expected to grow with the highest CAGR.

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Application Tracking System Market Report Highlights

• In March 2022, Jobvite introduced EVOLVE Talent Acquisition Suite which provides a single user experience purpose-built to improve recruiting effectiveness, efficiency, and cost-per-hire.
• In February 2022, Infor and iCIMS announced strategic partnership to deliver next-gen talent capabilities throughout North America to key services industries, including healthcare organizations.
• In November 2021, Cloudfare and Oracle teamed in November 2021 to assist remove data transfer fees and make the transition to multi-cloud easier.

APPLICATION TRACKING SYSTEM MARKET SEGMENTATION

The research report published by Market Research Strategy contains industry segments, as below-

Application Tracking System Deployment Outlook (Revenue, USD Million, 2016 – 2027)

• On-Premises
• Cloud

Application Tracking System Vertical Outlook (Revenue, USD Million, 2016 – 2027)

• IT And Telecommunications
• Banking, financial services and insurance (BSFI)
• Manufacturing
• Government and Public Sector
• Retail and Consumer Goods
• Healthcare
• Energy and Utilities
• Transport and Logistics
• Others

Application Tracking System Component Type Outlook (Revenue, USD Million, 2016 – 2027)

• Software
• Services

Application Tracking System Regional Outlook (Revenue, USD Million, 2016 – 2027)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • South Africa

List of Key Players- Application Tracking System Market

• IBM Corporation
• Oracle Corporation
• Jobvite Inc.
• Bulhorn, Inc.
• iCIMS, Inc.
• Smart Recruiters, Inc.
• Workday, Inc.
• SAP SE
• Workable Technologies Limited
• Greenhouse Software, Inc.
• Cornerstone OnDemand Inc.
• SilkRoad Technology
• ClearCompany
• PeopleFluent
• Paycor Inc.
• Zoho Corporation
• Infor
• Ultimate Software
• ADP
• BambooHR

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