handled through utilization of the software. Pertinent information such as employment history,
educational qualifications, and employment status can be easily retrieved through the
candidate’s profile data. Moreover, social media integration also enables easy access through
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.
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Collection, data mining, and ability to automate the overall recruitment processes are factors
expected to drive the market growth
Considerable amount of time and efforts can be saved through implementation of ATS in
organizations. These software help in better identification of candidates, through running an
extensive automated search algorithms to suit the job profiles. 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 different 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 profile description is mentioned in different 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.
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