United States Applicant Tracking System Market

Market Overview:

United States applicant tracking system market size reached US$ 547.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 908.7 Million by 2032, exhibiting a growth rate (CAGR) of 4.50% during ​2024-2032​. The widespread adoption of cloud-based platforms, along with the growing focus among organizations for managing the hiring process of suitable candidates, is primarily driving the market growth.

An applicant tracking system (ATS) is a software for talent management that systematically organizes and oversees an organization's job openings, resumes, candidates, and client information. The software's database simplifies the hiring process by conducting initial analysis and filtering out qualified candidates for a position. Through the applicant tracking system, managers can efficiently schedule interviews, send rejection letters, and manage necessary paperwork digitally. The primary objective is to alleviate the workload on recruiters while establishing a centralized repository for candidate information. Additionally, the applicant tracking system contributes to reducing the time spent on administrative tasks, expediting resume screening, and promoting collaborative recruitment, ultimately enhancing the overall candidate experience.Top of Form

United States Applicant Tracking System Market Trends:

The United States applicant tracking system market is a dynamic and essential component of the nation's talent management landscape. An ATS is a software solution designed to streamline and organize the complex processes associated with hiring, encompassing job openings, resumes, candidate information, and client interactions for organizations. Additionally, as the demand for efficient and tech-driven recruitment processes rises, the applicant tracking system market in the U.S. is experiencing significant growth. The system's database plays a pivotal role in expediting hiring procedures by conducting preliminary analyses and efficiently filtering and categorizing qualified candidates. Besides this, it enables managers to seamlessly schedule interviews, send digital communications such as rejection letters, and handle necessary paperwork electronically. Moreover, the applicant tracking system not only serves to reduce the administrative burden on recruiters but also acts as a centralized hub for comprehensive candidate data. As technological advancements continue to shape the HR tech landscape, the applicant tracking system market in the United States is witnessing innovations that enhance collaboration in recruitment and expedite resume screening. Furthermore, the inflating need for elevating the overall efficiency and experience of the hiring process for organizations across diverse industries is anticipated to fuel the market growth over the forecasted period.Top of Form

United States Applicant Tracking System Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for ​2024-2032​. Our report has categorized the market based on deployment, organization size, component, and end user.

Deployment Insights:

• On-premises
• Cloud based
   

The report has provided a detailed breakup and analysis of the market based on the deployment. This includes on-premises and cloud based.

Organization Size Insights:

• Small and Medium-sized Enterprises
• Large Enterprises
   

A detailed breakup and analysis of the market based on organization size have also been provided in the report. This includes small and medium-sized enterprises and large enterprises.

Component Insights:

• Software
• Services
   

The report has provided a detailed breakup and analysis of the market based on the component. This includes software and services.

End User Insights:

• BFSI 
• IT and Telecommunications
• Government and Public Sector
• Retail
• Manufacturing
• Healthcare and Life Sciences
• Others
   

A detailed breakup and analysis of the market based on end user have also been provided in the report. This includes BFSI, IT and telecommunications, government and public sector, retail, manufacturing, healthcare and life sciences, and others.

Regional Insights:

• Northeast
• Midwest
• South
• West
   

The report has also provided a comprehensive analysis of all the major regional markets, which include the Northeast, Midwest, South, and West.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

United States Applicant Tracking System Market Report Coverage:

Key Questions Answered in This Report:

• How has the United States applicant tracking system market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the United States applicant tracking system market?
• What is the breakup of the United States applicant tracking system market on the basis of deployment?
• What is the breakup of the United States applicant tracking system market on the basis of organization size?
• What is the breakup of the United States applicant tracking system market on the basis of component?
• What is the breakup of the United States applicant tracking system market on the basis of end user?
• What are the various stages in the value chain of the United States applicant tracking system market?
• What are the key driving factors and challenges in the United States applicant tracking system?
• What is the structure of the United States applicant tracking system market and who are the key players?
• What is the degree of competition in the United States applicant tracking system market?

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States applicant tracking system market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the United States applicant tracking system market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States applicant tracking system industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.