Global Applicant Tracking System (ATS) In Higher Education Market by Deployment and Geography - Forecast and Analysis 2021-2025

The applicant tracking system (ATS) in higher education market share is expected to increase by USD 17.1 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 2.14%.

This applicant tracking system (ATS) in higher education market 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 applicant tracking system (ATS) in higher education market segmentations by deployment (on-cloud and on-premise) and geographic (North America, Europe, APAC, South America, and MEA). The applicant tracking system (ATS) in higher education market report also offers information on several market vendors, including Asure Software Inc., Automatic Payroll Systems Inc., BitraNet Pvt. Ltd., Bullhorn Inc., ClearCompany Inc., Greenhouse Software Inc., HIREBRIDGE LLC, Hireserve Ltd., Hirezon Corp., and Kronos Inc. among others.

What will the Applicant Tracking System (ATS) In Higher Education Market Size be During the Forecast Period?

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Applicant Tracking System (ATS) In Higher Education Market: Key Drivers, Trends, and Challenges

The expanding scope of ATS is notably driving the applicant tracking system (ATS) in higher education market growth, although factors such as emergence of open source ats may impede 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 system (ATS) in higher education industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Applicant Tracking System (ATS) In Higher Education Market Driver

The expanding scope of ATS is a key driving factor impacting the global applicant tracking system (ATS) in higher education market growth. ATS was more focused on administrative and compliance needs, such as information management related to background checks and screening. However, at present, its scope is expanding in several ways to identify the best talent rather than just tracking applicants. Identifying the alignment of candidates with the culture of the university and the job at hand is the main goal of the expanding scope of ATS. Universities and colleges are integrating these systems with social media platforms to ensure that the candidate is a good fit. Many universities have incorporated the use of predictive analysis to assess whether the candidates are compliant with the culture of the organization and the workforce dynamics. These advances require end-to-end, continuous recruitment platform. For instance, SelectSuite is an ATS software, which uses analytics and provides efficient hiring solutions along with tabs on performance management and onboarding, increasing the operational efficiency of colleges or universities.

Key Applicant Tracking System (ATS) In Higher Education Market Trend

Integration of ATS with background-checking software is a key trend impacting the global applicant tracking system (ATS) in higher education market growth. The integration of ATS with background-checking software solves many challenges associated with the screening of global talent. There is an increased need for background-checking software, as candidates applying for the role of faculty and students have complex backgrounds. For instance, staff members have complex work histories that need to be verified. The use of an ATS/background-checking software can lead to a rapid hiring process and improved candidate experience. As these integrations are mostly cloud-based, they can be accessed from anywhere and have a high probability of adapting to modern technologies, giving the institutions flexibility. These integrations will improve the screening processes in the future. They also help the institutions in rapid and error-free verification of a candidate profile.

Key Applicant Tracking System (ATS) In Higher Education Market Challenge

Emergence of open source ATS is a key challenge negatively impacting the global applicant tracking system (ATS) in higher education market growth. Open-source ATS software is available on the Internet for free, which acts as a major challenge for the providers of ATS services. This software enables institutions to work efficiently without any vendor lock-ins and at a minimum hardware and software costs. Open-source software enables colleges and universities to integrate ATS solutions with other software such as onboarding, resume parsing, and background checks software. OpenCATS is an open-source ATS software that allows users to integrate with a content management system (CMS). It can be downloaded and installed on any Linux or Windows servers that can be accessed through a browser interface. It has all features of an ATS system, including resume management, reporting, and candidate tracking through the entire hiring process. iKrut and Calibrace are some other open-source ATS software. Owing to the ease of access to open source software, the higher education sector is expected to witness the adoption of such software. The software hastens the recruitment process for users by providing easy-to-use templates to recruiters. As a result, to ensure sustained demand, vendors in the applicant tracking system (ATS) in higher education market need to develop unique solutions for which institutions are willing to pay the price.

This applicant tracking system (ATS) in higher education market 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 2021-2025.

Parent Market Analysis

Technavio categorizes the global applicant tracking system (ATS) in higher education market is a part of the global IT consulting and other services 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 system (ATS) in higher education market during the forecast period.

Who are the Major Applicant Tracking System (ATS) In Higher Education Market Vendors?

The report analyzes the global IT consulting and other services market's competitive landscape and offers information on several market vendors, including:

• Asure Software Inc.
• Automatic Payroll Systems Inc.
• BitraNet Pvt. Ltd.
• Bullhorn Inc.
• ClearCompany Inc.
• Greenhouse Software Inc.
• HIREBRIDGE LLC
• Hireserve Ltd.
• Hirezon Corp.
• Kronos Inc.

This statistical study of the applicant tracking system (ATS) in higher education market encompasses successful business strategies deployed by the key vendors. The applicant tracking system (ATS) in higher education market is fragmented and the vendors are deploying various growth strategies to compete in the market.

Product Insights and News

• Bullhorn Inc - This company offers applicant tracking system for Email Integration, LinkedIn Integration, Dashboard Reporting, and Mobile Recruiting.

To make the most of the opportunities and recover from the 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 system (ATS) in higher education market 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 System (ATS) In Higher Education Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the applicant tracking system (ATS) in higher education market, 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.

The value chain of the global IT consulting and other services market includes the following core components:

• Inputs
• Inbound logistics
• Operations
• Outbound logistics
• Marketing and sales
• Service
• Support activities
• Innovation

The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.

Which are the Key Regions for Applicant Tracking System (ATS) In Higher Education Market?

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53% of the market's growth will originate from North America during the forecast period. US is the key market for applicant tracking system (ATS) in higher education market in North America. Market growth in this region will be faster than the growth of the market in regions.

The huge demand for on-cloud ATS in North America will facilitate the applicant tracking system (ATS) in higher education market growth in North America 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 ATS market in the higher education market in North America witnessed a temporary decline in 2020 from that of 2019 owing to the COVID-19 outbreak. As of June 26, 2020, the US recorded 2.5 million cases of COVID-19, with 126,780 associated deaths. Many end-user sectors, such as industries, and educational institutions, had partially shut down their operations due to the pandemic. For instance, in April 2020, around 37 state governments in the US ordered or recommended statewide closure until further announcements to prevent the spread of COVID-19.

What are the Revenue-generating Deployment Segments in the Applicant Tracking System (ATS) In Higher Education Market?

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The applicant tracking system (ATS) in higher education market share growth by the on-cloud segment will be significant during the forecast period. With the rapid growth in technology, it can be expected that the spending on cloud-based HR software will be more. The on-cloud ATS has many advantages over the traditional on-premise ATS, the most prominent one being the ease of access.

Besides the above-mentioned factors, the post-COVID-19 impact has brought forth a slowdown in or fast tracked the demand for the service or product. This report provides an accurate prediction of the contribution of all the segments to the growth of the applicant tracking system (ATS) in higher education market size and actionable market insights on the post-COVID-19 impact on each segment.

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What are the Key Data Covered in this Applicant Tracking System (ATS) In Higher Education Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive applicant tracking system (ATS) in higher education market growth during the next five years
• Precise estimation of the applicant tracking system (ATS) in higher education market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the applicant tracking system (ATS) in higher education industry across North America, Europe, APAC, South America, and MEA
• 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 system (ATS) in higher education market vendors

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