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Applicant Tracking System Market growth opportunity and industry forecast to 2026

An applicant tracking system or ATS is used to manage the recruitment and hiring process, such as job applications, and job postings. It is gaining immense popularity across enterprises and governments, because of the need for automation in recruitment activities. As ATS automates job application posting, and candidatesu2019 screening across various job boards, it eliminates manual biasness and errors. Cloud-based ATS is seeing an increased adoption, because of the decreased latency and low cost of ATS.

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Applicant Tracking System Market growth opportunity and industry forecast to 2026

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  1. Global Applicant Tracking System Market by Components, Deployment Modes, Organization Sizes, Industries and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026 Report By

  2. The globalapplicant tracking system market, is expected to reach USD 1.4 billion, growing at a CAGR of around 9% during the forecast period 2020–2026. The main reasons, behind the growth of the market are increasing need for cost savings, rise in need for improved and strategic hiring decisions, and increasing need of automating recruitment process. Other factors such as rise in talent acquisition pools, rising need for perfectly defined candidate portfolios, and emergence of social media these days, is expected to be the driving factors for the growth of the applicant tracking system market. Request for sample@https://dataintelo.com/request-sample/?reportId=77193 An applicant tracking system or ATS is used to manage the recruitment and hiring process, such as job applications, and job postings. It is gaining immense popularity across enterprises and governments, because of the need for automation in recruitment activities. As ATS automates job application posting, and candidates’ screening across various job boards, it eliminates manual biasness and errors.

  3. Market Trends, Drivers, Restraints, and Opportunities: • The increasing need for cost savings associated with the hiring and recruitment process, is expected to be a driving factor for the growth of the applicant tracking system market. • Rise in need for improved and strategic hiring decisions, is anticipated to have a positive impact in the growth of the market. • The time taken is less, manual intervention is minimum, and the accuracy is high. These are the reasons behind the growth of the market. • The increasing need of automating recruitment process, is expected to be a driving factor for the growth of the market. • Rise in talent acquisition pools, is anticipated to have a positive impact in the growth of the market. • Rising need for perfectly defined candidate portfolios, is a reason behind the growth of the market. • Lack of awareness among the people, about the benefits of using the system, is expected to be an obstacle in the growth of the market.

  4. Ask for discount@https://dataintelo.com/ask-for-discount/?reportId=77193 Competitive Landscape: The number of companies, which operate in the global applicant tracking system market, are quite a few in number. Some of these are: • BambooHR • IBM • Oracle • PeopleFluent • ClearCompany • Paycor • ResumeWare • TribePad • ATS OnDemand • Ultimate Software • Racarie Software

  5. Enquiry Before Buying@https://dataintelo.com/enquiry-before-buying/?reportId=77193 Why Choose Us: • We offer industry-leading critical reports with accurate insights into the future of the market. • Our reports have been evaluated by some industry experts in the market, thus making them beneficial for the company’s to maximize their return on investments. • We provide a comprehensive pictorial representation of the information, strategic recommendations, outcomes of the analytical tools to offer an elaborate landscape, highlighting the key market players. This detailed assessment of the market will help the company increase efficiency. • The demand and supply dynamics offered in the report give a 360 degree view of the market. • Our report helps readers decipher the current and future constraints in the Applicant Tracking System Market, and help them formulate optimum business strategies to maximize growth in the market.

  6. About DataIntelo: DATAINTELO has set its benchmark in the market research industry by providing syndicated and customized research report to the clients. The database of the company is updated on a daily basis to prompt the clients with the latest trends and in-depth analysis of the industry. Our pool of database contains various industry verticals that include: IT & Telecom, Food Beverage, Automotive, Healthcare, Chemicals and Energy, Consumer foods, Food and beverages, and many more. Each and every report goes through the proper research methodology, validated from the professionals and analysts to ensure the eminent quality reports.

  7. Contact Info: Name: Alex Mathews Address: 500 East E Street, Ontario, CA 91764, US. Phone No:US: +1 909 545 6473 | IND: +91–7000061386 Email: sales@dataintelo.com Website:https://dataintelo.com

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