Christy Publications Applicant Tracking System (ATS) Market | 页面 2

mobile platforms. Some e-recruiting solutions are also featured with applications such as sending
text messages to applicants, provide updates, request necessary information, and schedule
interviews. Additionally, its application also includes detection of potential passive candidates
and assisting the recruiter by adding the candidate into the employer’s online community to
strategically market the employer’s brand.
Collection, data mining, and ability to automate the overall recruitment processes are
factors expected to drive the market growth
Considerable amount of time and eforts can be saved through implementation of ATS in
organizations. These software help in better identifcation of candidates, through running an
extensive automated search algorithms to suit the job profles. Conventional software were
primarily used to store, manage, and track resumes, which have considerably evolved with the
growing next generation requirements. Trends such as use of mobile devices for job applications,
video interviewing, candidate relationship management, and applying analytics for candidate
sourcing in conjunction with conventional applicant tracking are expected to bolster the ATS
market growth through the forecast period.
Automatic elimination of resumes created in unusual or diferent formats is expected
to be the major problem of the software
Applicant tracking system operation has certain functional drawbacks that includes lack of
detection of potential candidates if the profle description is mentioned in diferent formats.
Moreover, the detection capability of these systems is limited in pdf formats and lack in most of
the graphical formats. This is expected to present as a major challenge for the market growth
over the forecast period.
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Cloud segment dominated the industry applicant tracking system in terms of market
share
Around 85% of the ATS market was dominated by the cloud segment, also known as SaaS based
service. Primary advantage of the solutions include provision of access to any user involved in
the hiring processes and no requirement of addressing or managing the infrastructural problems.
In conjunction with these advantages, low cost and increasing utilization of public, private and
hybrid cloud applications, specifcally in the U.S., Western Europe, and emerging economies in
Asia Pacifc that includes China, India, and Indonesia are expected to signifcantly afect growth
of the market over the forecast period.
Applicant Tracking System Market Taxonomy
On the basis of organizations, the global applicant tracking system market is classifed intoo
•Small and medium enterprises (SMEs)
•Large enterprises