Reports and Data’s latest report, titled ‘Global Applicant Tracking System Market,’ presents an all-encompassing study of the Applicant Tracking System market. The study assesses the estimated market size, value, and share over the projected years (2020-2027). The report includes expert opinions on the current state of the market, alongside analyzing the latest market trends and developments. A broad segmentation of the Applicant Tracking System market comprises the diverse product types and their application areas. Through the latest study, the authors have determined the revenue, price, sales, production, growth rate, and the forecast market share of each market segment. The vital market statistics have been presented in a tabular format to help readers comprehend the key market dynamics. Additionally, the authors have delivered a detailed study of this wide-ranging industry, highlighting the key industrial aspects, such as import-export dynamics, production consumption rates, sales channels, and consumer bases in the leading geographies.
The latest report is one of the most sought-after market research documents covering the grave impact of the COVID-19 outbreak current situation on the Applicant Tracking System market. The market intelligence report closely investigates the severe disruptions to this business sphere brought about by the pandemic. The coronavirus outbreak has significantly affected the Applicant Tracking System business landscape, posing threats to the developmental scope of the key manufacturers and buyers involved in this sector. The report further provides expert speculations about the post-COVID-19 scenario of the market.
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Geographical Segmentation:
The report is a prototype of the Applicant Tracking System market and focuses on the market’s major regional segments. The market has been categorized into several key geographical segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East Africa. In this section of the report, the anticipated market share, market size, revenue contribution, sales network, distribution channels, and numerous other aspects of each region have been evaluated.
Competitive Terrain:
The global Applicant Tracking System market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies’ current market standing, past performances, demand supply graphs, sales network, production consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.
SAP, Oracle, IBM, Cornerstone, PeopleFluent, iCIMS, ADP, Jobvite, BambooHR, SilkRoad Technology, Racarie Software, Paycor, Greenhouse Software, Workday, ClearCompany, JazzHR, Ultimate Software, Zoho, Ascentis, SmartRecruiters, Infor, Recruiterbox, TribePad, ResumeWare, and ATS OnDemand, has been profiled in the report. They are the major manufacturers of the product.
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Key Points of the Report:
- Employee hiring is the most prominent program initiated by each corporate sector every year for the MNCs that include campus placement, off-campus drives, pre-placement assessment programs, and others. Presently, in the highly competing market, public and government sector organizations are continuously concentrating on recruitment of highly capable applicants for high-skilled roles.
- Despite an insignificantly gloomy employment outlook, the IT telecom sector is expected to boost the adoption of applicant tracking systems based on two significant factors. The increasing demand for talents across the globe and increasing count of candidates every day. In order to effectively handle these employees, the IT Telecom companies are frequently deploying applicant tracking systems.
- Small and medium-sized businesses are different from large businesses when it comes to recruiting. There may be lesser employees in charge of the whole recruitment process and sometimes might have other tasks to handle in addition to interviewing sourcing and other recruitment issues.
- The market for optional sorters in Europe is expected to witness rapid growth due to advancement in technology in applicant tracking systems, which improves staffing operations, increase recruiter productivity, and others. Lumesse Limited, SAP SuccessFactors, and Teamtailor are some of the major contributors to the regional market.
- China and India primarily drive market growth in the APAC region. The APAC region is regarded as the home for 50% of the fastest-growing companies across the globe. The fast growth of the companies in this region is one of the integral factors for creating jobs at a rapid rate.
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