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Applicant tracking systems market in the US growing at 8.58% CAGR by 2021 according to new research report

Applicant tracking systems market in the US growing at 8.58% CAGR by 2021 according to new research report

The global Applicant Tracking Systems industry in the US to grow at a CAGR of 8.58% during the period 2017-2021.

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The global Applicant Tracking Systems market in the US research report identifies the following companies are the key players: ApplicantStack, Greenhouse Software, Hyrell, iCIMS, and Workable. Other Prominent Vendors in the market are: BambooHR, Cornerstone OnDemand, ExactHire, IBM (Kenexa), Jobvite, Lumesse, Lever, Paycor, SAP (SuccessFactors), and Workday.

Complete report on the Applicant Tracking Systems Market in the US Research Report spread across 87 pages, profiling 15 companies with table of content is now available at  www.reportsnreports.com/contacts/.aspx?name=1127684 .

Applicant Tracking Systems Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts.

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The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

One trend in the market is increasing use of social media. The extensive use of social media in the human capital management (HCM) industry leads to an upsurge of business opportunities for the vendors in the ATS market in the US.

The sharing of job information via social media networks, such as Facebook and LinkedIn, is also stimulating market growth.

According to the report, one driver in the market is growing need to streamline HR functions. The HR division of a company typically manages functions such as staffing, compensation, training, benefits, and employee welfare.

HR executives are often clogged with various jobs that need to be handled manually, increasing the amount of paperwork and affecting the overall productivity of the department. ATSs increase the productivity and efficiency of HR personnel by finding the right person for the job in a short period of time.

They also help to coordinate various functions in an efficient manner and automate all activities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Access this Report at www.reportsnreports.com/.aspx?name=1127684 .

Further, the report states that one challenge in the market is data security and privacy concerns. There are many business organizations that prefer cloud-based solutions over on-premises solutions.

This is because cloud-based solutions are cost-effective, accessible, and agile. Hence, cloud-based ATSs are the best option for organizations with limited budgets and professional expertise.

The cloud-based solutions are important for the IT infrastructure in government agencies. For instance, the federal, state, and local government agencies worldwide are moving their sensitive employee data to the cloud.

This report covers the present scenario and the growth prospects of the applicant tracking systems market in the US for 2017-2021. To calculate the market size, the report considers the revenue generated by ATS deployment across the globe.

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?           

What are the key market trends?                       

What is driving this industry?                                  

What are the challenges to market growth?

Who are the key vendors in this industry space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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