Applicant Tracking System (ATS) Market Report to 2025

Applicant Tracking System (ATS) Market to 2025 - Global Analysis and Forecasts by Deployment Model (Cloud and On-Premise); Component (Solution and Services); and End-user (BFSI, IT & Telecommunication, Manufacturing, and Government)

Publication Month : Dec 2018

  • Report Code : ATIPTE100001362
  • Category : Technology, Media and Telecommunications
  • Status : Published
  • No. of Pages : 164
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[Research Report] The global applicant tracking system market accounted for US$ 675.3 Mn in 2017 and is expected to grow at a CAGR of 9.2% during the forecast period 2018 – 2025, to account for US$ 1345.7 Mn in 2025.


North America was the leading geographic market and it is anticipated to be lose its dominance to Asia Pacific in 2025. The region has been attracting large count of businesses for expansion of their existing operations. Also, due to the rising economic importance of Asia Pacific the growth for applicant tracking system market is being impacted directly.

Lucrative Regional Applicant Tracking System (ATS) Markets

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Market Insights

Gaining prominence of the cloud based applicant tracking software

Rapid expansion of the cloud-based services has resulted in a dynamic and a very competitive software industry environment globally. Cloud based applicant tracking software implementations characteristically do not require high capital investments, thereby keeping a company’s IT infrastructure model very cheap and consistent. Thus, this model could bring significant profits for any organization and at an early stage itself. This problem is also easily solved using the model. The cost savings with the help of shared infrastructure model is done with respect to the software licenses, electricity, maintenance fees, eliminating the cost of servers and other storage devices, consultant fees, data center space, and IT personnel.

Mobile based Recruitment to bring ample opportunity to the applicant tracking system market

ATS is a service based business model that has witnessed rapid growth as a result of growing penetrations of smartphones and related devices in the global market. As the service is a digital data driven service, it is anticipated to be benefited with the advancements in the digital world such as analytics. Analytics would enable the mobility service provider company to understand the preferences of each customer and thereby send out optimized routes & means of transport to the customer.

Segment by Component Insights

The component segment of applicant tracking system market is segmented into solution and services. There are briefly two categories of ATS solution, one is designed for the employers and the second is for recruiting companies. Each of this software has its own specification tailor made to the demand of the end-users. Taleo, Kenexa-Brassring, Jobvite, iCims, and SAP-SuccessFactors are some of the major ATS solutions widely used across the globe.

Segment by End-user Insights

The applicant tracking system market by end-user has been segmented into IT & Telecom, retail, BFSI, retail & consumer goods, manufacturing, healthcare, government & others. Despite of slightly gloomy employment outlook the IT & telecom sector is expected to boost the adoption of applicant tracking systems based on two major factors. The first one it’s the rising demand of talents across the globe and increasing count of applicants every day. In order to effectively manage these employees, the IT & Telecom companies are increasingly deploying applicant tracking systems. The second factor is the spending capability of the IT & Telecom companies. IT & Telecom imbibe the highest spending capability on the upcoming technologies owing to which the sector is expected to contribute significant profits to the applicant tracking system.

APAC Applicant Tracking System Market by End-user

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Applicant Tracking System (ATS) Market: Strategic Insights

applicant-tracking-system-market
Market Size Value inUS$ 675.3 Million in 2017
Market Size Value byUS$ 1345.7 Million by 2025
Growth rateCAGR of 9.2% from 2018-2025
Forecast Period2018-2025
Base Year2018
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New market initiatives was observed as the most adopted strategy in global applicant tracking system market. Few of the recent market initiatives are listed below:

2018:ClearCompany joined hands with ADP, LLC and launched Advanced Talent which is a talent solution for the companies that consist of 100 to 2,000 employees for utilizing both ADP Workforce Now and ClearCompany talent tools.
2018:Workable Software introduced General Data Protection Regulation (GDPR) feature pack, designed mainly to help consumers meet key recruiting needs.
2018:SAP SE unveiled updated and new features to the SAP SuccessFactors HCM Suite. These new and updated features will make it easier for HR leaders around the world to comply with privacy laws and data protection.

GLOBAL APPLICANT TRACKING SYSTEM – MARKET SEGMENTATION

Global Applicant Tracking System Market – By Deployment Model

  • Cloud
  • On-Premises

Global Applicant Tracking System Market – By Component

  • Solution
  • Service

Global Applicant Tracking System Market – By End-user

  • BFSI
  • IT & Telecommunication
  • Manufacturing
  • Government
  • Retail
  • Healthcare
  • Others

Global Applicant Tracking System Market – By Geography

  • North America

    • U.S.
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • Spain
    • U.K
    • Rest of Europe
  • Asia Pacific (APAC)

    • Japan
    • China
    • India
    • Australia
    • Rest of APAC
  • Middle East & Africa (MEA)

    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of MEA
  • South America (SAM)

    • Brazil
    • Rest of SAM

Applicant Tracking System Market - Company Profiles

  • ApplicantStack
  • Oracle Corporation
  • iCIMS, Inc.
  • Workable Software Ltd.
  • Hyrell
  • Bullhorn, Inc.
  • ClearCompany
  • Greenhouse Software, Inc.
  • Jobvite Inc.
  • Automatic Data Processing, Inc.
  • SAP SE
  • 4Talent
  • Grupo Navent S.R.L
  • GUPY Tecnologia em Recrutamento LTDA
  • Kenoby
  • Pemasys
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Deployment Model ; Component ; and End-user

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina

List of Companies:
1. ApplicantStack
2. Oracle Corporation
3. iCIMS, Inc.
4. Workable Software Ltd.
5. Hyrell
6. Bullhorn, Inc.
7. ClearCompany
8. Greenhouse Software, Inc.
9. Jobvite Inc.
10. Automatic Data Processing, Inc.
11. SAP SE
12. 4Talent
13. Grupo Navent S.R.L
14. GUPY Tecnologia em Recrutamento LTDA
15. Kenoby
16. Pemasys

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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