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Applicant Tracking Systems Market in US by End-user and Deployment - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR43733
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The applicant tracking systems market in the US has the potential to grow by USD 138.06 million during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 6.55%.

This applicant tracking systems market in the US research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (technology, healthcare, financial services, retail, and others) and deployment (cloud-based and on-premises). The applicant tracking systems market in the US report also offers information on several market vendors, including Bullhorn Inc., ClearCompany Inc., Cornerstone OnDemand Inc., Greenhouse Software Inc., iCIMS Inc., International Business Machines Corp., JobDiva Inc., Oracle Corp., SwipeClock LLC, and Symphony Talent LLC among others.

What will the Applicant Tracking Systems Market Size in the US be in 2021?

Applicant Tracking Systems Market Size

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Applicant Tracking Systems Market in the US: Key Drivers and Trends

The cost-effective and less time-consuming is notably driving the applicant tracking systems market growth in the US, although factors such as data security and privacy concerns may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the applicant tracking systems industry in the US get your FREE report sample now.

  • The applicant tracking systems market size in the US will grow steadily at a CAGR of almost 7% by 2025.
  • The low price of ATS is one of the major factors driving the market growth.
  • Vendors are offering low and medium-priced ATSs that enable various end-users to deploy ATS to manage their databases of potential candidates' details to communicate and automate the entire process.
  • The major end-users of ATSs are software and services, healthcare, food, retail, and financial services industries.
  • The integration of ATS with analytical tools is one of the vital applicant tracking systems market trends in the US.
  • The vendors are integrating analytics with ATS as it facilitates tracking and monitoring applicant data in real-time.
  • The software tracks the data sourcing team, identifies the most qualified candidates, notes the time spent on career sites, and also checks the source used for applying for the job. This enables end-user organizations to make informed decisions regarding talent management and other HR processes.
  • The predictive analysis also aids organizations in addressing their various business requirements.

 

This applicant tracking systems market in the US analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Applicant Tracking Systems Market Vendors in the US?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Bullhorn Inc.
  • ClearCompany Inc.
  • Cornerstone OnDemand Inc.
  • Greenhouse Software Inc.
  • iCIMS Inc.
  • International Business Machines Corp.
  • JobDiva Inc.
  • Oracle Corp.
  • SwipeClock LLC
  • Symphony Talent LLC

 

The applicant tracking systems market in the US is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the applicant tracking systems market in the US forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

What are the Revenue-generating End-user Segments in the Applicant Tracking Systems Market in the US?

Applicant-Tracking-Systems-Market-In-US-Market-Share-by-End User-2020-2025

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The primary purpose of an applicant tracking system is to help companies organize and monitor resumes. The software can also be used to increase transparency in the application processes for jobs. Due to the robust growth of the technology sector of the country, the demand for applicant tracking systems from the industry players will continue to rise. This will drive the growth of the segment during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the applicant tracking systems market size in US.

 

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What are the Key Factors Covered in this Applicant Tracking Systems Market in the US Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive applicant tracking systems market growth in the US during the next five years
  • Precise estimation of the applicant tracking systems market size in the US and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • A thorough 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 in US 

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Applicant Tracking Systems Market In US Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 7%

Market growth 2021-2025

$ 138.06 million

Market structure

Fragmented

YoY growth (%)

5.69

Regional analysis

Afghanistan

Performing market contribution

US at 100%

Key consumer countries

Afghanistan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Bullhorn Inc., ClearCompany Inc., Cornerstone OnDemand Inc., Greenhouse Software Inc., iCIMS Inc., International Business Machines Corp., JobDiva Inc., Oracle Corp., SwipeClock LLC, and Symphony Talent LLC

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

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 End-user

  • Market segments
  • Comparison by End user
  • Technology - Market size and forecast 2020-2025
  • Healthcare - Market size and forecast 2020-2025
  • Financial services - Market size and forecast 2020-2025
  • Retail - Market size and forecast 2020-2025
  • Others - Market size and forecast 2020-2025
  • Market opportunity by End user

Market Segmentation by Deployment

  • Market segments
  • Comparison by Deployment
  • Cloud-based - Market size and forecast 2020-2025
  • On-premises - Market size and forecast 2020-2025
  • Market opportunity by Deployment

Customer Landscape

  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Bullhorn Inc.
  • ClearCompany Inc.
  • Cornerstone OnDemand Inc.
  • Greenhouse Software Inc.
  • iCIMS Inc.
  • International Business Machines Corp.
  • JobDiva Inc.
  • Oracle Corp.
  • SwipeClock LLC
  • Symphony Talent LLC

Appendix

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

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Applicant Tracking Systems market growth will increase by $119.98 million during 2019-2024.
The applicant tracking systems market is expected to grow at a CAGR of 6.29% during 2019-2024.
Technavio has segmented the applicant tracking systems market by end user (Technology, Healthcare, Financial services, Retail, and Others) and geographic (Afghanistan).
Bullhorn Inc., ClearCompany Inc., Cornerstone OnDemand Inc., Greenhouse Software Inc., iCIMS Inc., International Business Machines Corp., JobDiva Inc., Oracle Corp., SwipeClock LLC, Symphony Talent LLC are a few of the key vendors in the applicant tracking systems market.
Afghanistan will register the highest growth rate of 100.00% among the other regions. Therefore, the applicant tracking systems market in Afghanistan is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the applicant tracking systems market growth are:
  • Cost-effective and less time-consuming
The applicant tracking systems market vendors should focus on grabbing business opportunities from the technology segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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