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Applicant Tracking Systems Market in Europe by End-user, Deployment, and Geography - Forecast and Analysis 2022-2026

  • Published: Apr 2022
  • Pages: 129
  • SKU: IRTNTR70027
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Based on Technavio's market sizing methodology, the applicant tracking systems market size in Europe is predicted to surge by USD 118.18 million from 2021 to 2026 at an accelerating CAGR of 5.84%.

This applicant tracking systems market in Europe research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The applicant tracking systems market in Europe report offers information on several market vendors, including Bamboo HR LLC, Bullhorn Inc., Cegid Group, Cornerstone OnDemand Inc., Employ Inc., Greenhouse Software Inc., iCIMS Inc., International Business Machines Corp., Kallidus Ltd., Mountview Partners, OneRecruit, Oracle Corp., Recruitee BV, Rullion Ltd., SAP SE, SmartRecruiters Inc., Symphony Talent LLC, Tribepad Ltd., UKG Inc., and Workable Software Ltd. among others.

  • Deployment - Cloud-based and on-premise
  • End-user - Large enterprises and SMEs
  • Geography - UK, Germany, and Rest of Europe

What will the Applicant Tracking Systems Market Size in Europe be During the Forecast Period?

Applicant Tracking Systems Market Size

Download the Free Report Sample to Unlock the Applicant Tracking Systems Market Size in Europe for the Forecast Period and Other Important Statistics

 

Applicant Tracking Systems Market in Europe: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The digitalization of HR divisions of organizations is notably driving the applicant tracking systems market growth in Europe, although factors such as the availability of open-source and free applicant tracking systems may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the applicant tracking systems industry in Europe. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Applicant Tracking Systems Market Driver in Europe

  • The digitalization of HR divisions of organizations is one of the key drivers supporting the Europe applicant tracking systems (ATS) market growth.
  • The HR division of an organization is responsible for the employee recruitment process, which includes hiring, staffing, training, and managing employee welfare activities.
  • The digitization of HR divisions makes it easy to complete tasks such as evaluation of paperwork, keeping records of applicants and accessing them when needed, and others.
  • The use of applicant tracking systems is increasing as it automates activities such as filtering new employee forms, managing online training modules, and others, which helps HR divisions save time.
  • The use of applicant tracking system software is also increasing as it streamlines HR functions. Thus, this leads to the growth of the Europe ATS market during the forecast period. 

Key Applicant Tracking Systems Market Trend in Europe

  • Integration of AI into applicant tracking systems is one of the key applicant tracking systems market trends in Europe fueling the market growth.
  • Applicant tracking systems use AI for automated resume screening, which helps recruiters choose the most eligible candidate by quickly extracting key details about them with the help of keywords. 
  • AI-enabled applicant tracking systems send out automated emails for interview appointments, which are synchronized with the work calendar of recruiters. 
  • AI-based applicant tracking systems offer insights from the data collected.
  • AI-enabled applicant tracking systems help organizations save time and cost by investing in the most suitable job portals. This, in turn, will fuel the Europe applicant tracking systems (ATS) market during the forecast period.

Key Applicant Tracking Systems Market Challenge in Europe

  • The availability of open-source and free applicant tracking systems is one of the limitations challenging the Europe applicant tracking systems (ATS) market growth.
  • Organizations such as SMEs and startups are the key customers of open-source and free applicant tracking system software as their purchasing power is low and this makes them adopt open-source software so that they can modify the source code and obtain cost benefits.
  • The increased demand for applicant tracking systems in recruitment processes and new vendors offering freeware are expected to enter the market during the forecast period.
  • The cost benefits offered by open-source software will hinder the Europe ATS market growth during the forecast period.

This applicant tracking systems market in Europe analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the applicant tracking systems market in Europe as a part of the global application software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the applicant tracking systems market in Europe during the forecast period.

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

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

 

  • Bamboo HR LLC
  • Bullhorn Inc.
  • Cegid Group
  • Cornerstone OnDemand Inc.
  • Employ Inc.
  • Greenhouse Software Inc.
  • iCIMS Inc.
  • International Business Machines Corp.
  • Kallidus Ltd.
  • Mountview Partners
  • OneRecruit
  • Oracle Corp.
  • Recruitee BV
  • Rullion Ltd.
  • SAP SE
  • SmartRecruiters Inc.
  • Symphony Talent LLC
  • Tribepad Ltd.
  • UKG Inc.
  • Workable Software Ltd.

 

This statistical study of the applicant tracking systems market in Europe encompasses successful business strategies deployed by the key vendors. The applicant tracking systems market in Europe is fragmented and the vendors are deploying growth strategies such as offering product features, pricing, customization, and other services to compete in the market.

Product Insights and News

  • Bamboo HR LLC - Through the unified segment, the company offers several human resources software as a service for various purposes. 
  • Bamboo HR LLC - The company offers applicant tracking systems such as BambooHR which features automatic alerts and in-system messaging that keep things moving without drops in communication, and centralized candidate data pushes instantly to desktop and mobile. 

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.

The applicant tracking systems market in Europe forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Applicant Tracking Systems Market in Europe Value Chain Analysis

Our report provides extensive information on the value chain analysis for the applicant tracking systems market in Europe, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Applicant Tracking Systems Market in Europe?

The UK, Germany, and Rest of Europe are the key markets for the applicant tracking systems market in Europe. Advanced automation benefits will facilitate the applicant tracking systems market growth in the UK over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 in 2020 negatively impacted the economy in the UK. However, by 2021, end-users of applicant tracking systems in the business sector resumed their operations due to the initiation of large-scale COVID-19 vaccination drives. As a result, vendors were able to meet the increased demand for applicant tracking systems from large enterprises and SMEs. Thus, the rising demand for applicant tracking systems will drive the growth of the Europe ATS market during the forecast period. 

What are the Revenue-generating Deployment Segments in the Applicant Tracking Systems Market in Europe?

Applicant Tracking Systems Market Market segmentation by region

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The applicant tracking systems market share growth in Europe by the cloud-based segment will be significant during the forecast period. The cloud-based segment accounted for most of the market share in the applicant tracking systems market in Europe. It will grow at a higher CAGR than that of the on-premise segment due to the rapid digitization of businesses and the expanding geographical presence of IT, retail, and other companies. With the increasing digitization, enterprises are looking to hire and manage local talent. Such increasing adoption of the cloud-based segment will drive the applicant tracking systems market growth during the forecast period.

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

 

Applicant Tracking Systems Market Scope in Europe

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.84%

Market growth 2022-2026

$ 118.18 million

Market structure

Fragmented

YoY growth (%)

5.05

Key consumer countries

UK, Germany, and Rest of Europe

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Bamboo HR LLC, Bullhorn Inc., Cegid Group, Cornerstone OnDemand Inc., Employ Inc., Greenhouse Software Inc., iCIMS Inc., International Business Machines Corp., Kallidus Ltd., Mountview Partners, OneRecruit, Oracle Corp., Recruitee BV, Rullion Ltd., SAP SE, SmartRecruiters Inc., Symphony Talent LLC, Tribepad Ltd., UKG Inc., and Workable Software Ltd.

Market dynamics

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

Customization purview

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What are the Key Data Covered in this Applicant Tracking Systems Market in Europe Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive applicant tracking systems market growth in Europe during the next five years
  • Precise estimation of the applicant tracking systems market  size in Europe and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the applicant tracking systems industry in Europe across UK, Germany, and Rest of Europe
  • 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 Europe 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 14: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Data Table on Regional - Market size and forecast 2021-2026 ($ million)
      • Exhibit 16: Chart on Europe: Year-over-year growth 2021-2026 (%)
      • Exhibit 17: Data Table on Regional - Market size and forecast 2021-2026 ($ million)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Deployment

    • 5.1 Market segments
      • Exhibit 25: Chart on Deployment - Market share 2021-2026 (%)
      • Exhibit 26: Data Table on Deployment - Market share 2021-2026 (%)
    • 5.2 Comparison by Deployment
      • Exhibit 27: Chart on Comparison by Deployment
      • Exhibit 28: Data Table on Comparison by Deployment
    • 5.3 Cloud-based - Market size and forecast 2021-2026
      • Exhibit 29: Chart on Cloud-based - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Data Table on Cloud-based - Market size and forecast 2021-2026 ($ million)
      • Exhibit 31: Chart on Cloud-based - Year-over-year growth 2021-2026 (%)
      • Exhibit 32: Data Table on Cloud-based - Year-over-year growth 2021-2026 (%)
    • 5.4 On-premise - Market size and forecast 2021-2026
      • Exhibit 33: Chart on On-premise - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Data Table on On-premise - Market size and forecast 2021-2026 ($ million)
      • Exhibit 35: Chart on On-premise - Year-over-year growth 2021-2026 (%)
      • Exhibit 36: Data Table on On-premise - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Deployment
      • Exhibit 37: Market opportunity by Deployment ($ million)

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 38: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 39: Data Table on End-user - Market share 2021-2026 (%)
    • 6.2 Comparison by End-user
      • Exhibit 40: Chart on Comparison by End-user
      • Exhibit 41: Data Table on Comparison by End-user
    • 6.3 Large enterprises - Market size and forecast 2021-2026
      • Exhibit 42: Chart on Large enterprises - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on Large enterprises - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on Large enterprises - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on Large enterprises - Year-over-year growth 2021-2026 (%)
    • 6.4 SMEs - Market size and forecast 2021-2026
      • Exhibit 46: Chart on SMEs - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on SMEs - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on SMEs - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on SMEs - Year-over-year growth 2021-2026 (%)
    • 6.5 Market opportunity by End-user
      • Exhibit 50: Market opportunity by End-user ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 52: Chart on Market share by geography - 2021-2026 (%)
      • Exhibit 53: Data Table on Market share by geography - 2021-2026 (%)
    • 8.2 Geographic comparison
      • Exhibit 54: Chart on Geographic comparison
      • Exhibit 55: Data Table on Geographic comparison
    • 8.3 UK - Market size and forecast 2021-2026
      • Exhibit 56: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 57: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 58: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 59: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 8.4 Germany - Market size and forecast 2021-2026
      • Exhibit 60: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 61: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 62: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 63: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 8.5 Rest of Europe - Market size and forecast 2021-2026
      • Exhibit 64: Chart on Rest of Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 65: Data Table on Rest of Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 66: Chart on Rest of Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 67: Data Table on Rest of Europe - Year-over-year growth 2021-2026 (%)
    • 8.6 Market opportunity by geography
      • Exhibit 68: Market opportunity by geography ($ million)

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 69: Impact of drivers and challenges in 2021 and 2026
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 70: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 71: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 72: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 73: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 74: Matrix on vendor position and classification
            • 11.3 Bamboo HR LLC
              • Exhibit 75: Bamboo HR LLC - Overview
              • Exhibit 76: Bamboo HR LLC - Product / Service
              • Exhibit 77: Bamboo HR LLC - Key offerings
            • 11.4 Bullhorn Inc.
              • Exhibit 78: Bullhorn Inc. - Overview
              • Exhibit 79: Bullhorn Inc. - Product / Service
              • Exhibit 80: Bullhorn Inc. - Key offerings
            • 11.5 Employ Inc.
              • Exhibit 81: Employ Inc. - Overview
              • Exhibit 82: Employ Inc. - Product / Service
              • Exhibit 83: Employ Inc. - Key offerings
            • 11.6 Greenhouse Software Inc.
              • Exhibit 84: Greenhouse Software Inc. - Overview
              • Exhibit 85: Greenhouse Software Inc. - Product / Service
              • Exhibit 86: Greenhouse Software Inc. - Key offerings
            • 11.7 iCIMS Inc.
              • Exhibit 87: iCIMS Inc. - Overview
              • Exhibit 88: iCIMS Inc. - Product / Service
              • Exhibit 89: iCIMS Inc. - Key offerings
            • 11.8 International Business Machines Corp.
              • Exhibit 90: International Business Machines Corp. - Overview
              • Exhibit 91: International Business Machines Corp. - Business segments
              • Exhibit 92: International Business Machines Corp. - Key offerings
              • Exhibit 93: International Business Machines Corp. - Segment focus
            • 11.9 Oracle Corp.
              • Exhibit 94: Oracle Corp. - Overview
              • Exhibit 95: Oracle Corp. - Business segments
              • Exhibit 96: Oracle Corp. - Key news
              • Exhibit 97: Oracle Corp. - Key offerings
              • Exhibit 98: Oracle Corp. - Segment focus
            • 11.10 SAP SE
              • Exhibit 99: SAP SE - Overview
              • Exhibit 100: SAP SE - Business segments
              • Exhibit 101: SAP SE - Key news
              • Exhibit 102: SAP SE - Key offerings
              • Exhibit 103: SAP SE - Segment focus
            • 11.11 SmartRecruiters Inc.
              • Exhibit 104: SmartRecruiters Inc. - Overview
              • Exhibit 105: SmartRecruiters Inc. - Product / Service
              • Exhibit 106: SmartRecruiters Inc. - Key offerings
            • 11.12 Workable Software Ltd.
              • Exhibit 107: Workable Software Ltd. - Overview
              • Exhibit 108: Workable Software Ltd. - Product / Service
              • Exhibit 109: Workable Software Ltd. - Key offerings

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 110: Inclusions checklist
                • Exhibit 111: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 112: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 113: Research methodology
                • Exhibit 114: Validation techniques employed for market sizing
                • Exhibit 115: Information sources
              • 12.5 List of abbreviations
                • Exhibit 116: 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
              Technavio

              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
              Technavio

              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 $118.18 million during 2022-2026.
              The applicant tracking systems market is expected to grow at a CAGR of 5.84% during 2022-2026.
              Technavio has segmented the applicant tracking systems market by deployment (Cloud-based and On-premise) ,end-user (Cloud-based and On-premise) , and geographic (Europe, Algeria, Andorra, and Azerbaijan).
              Bamboo HR LLC, Bullhorn Inc., Cegid Group, Cornerstone OnDemand Inc., Employ Inc., Greenhouse Software Inc., iCIMS Inc., International Business Machines Corp., Kallidus Ltd., Mountview Partners, OneRecruit, Oracle Corp., Recruitee BV, Rullion Ltd., SAP SE, SmartRecruiters Inc., Symphony Talent LLC, Tribepad Ltd., UKG Inc., Workable Software Ltd. are a few of the key vendors in the applicant tracking systems market.
              Europe will register the highest growth rate of 100% among the other regions. Therefore, the applicant tracking systems market in Europe 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:
              • Digitalization of HR divisions of organizations
              • Integration of AI into applicant tracking systems
              The applicant tracking systems market vendors should focus on grabbing business opportunities from the cloud-based 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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