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Description
Applicant Tracking System Market size was valued at USD 2.3 billion in 2021 and is expected to reach USD 3.6 billion by 2028, at a CAGR of 6.5% during the forecast period 2022 to 2028. There are certain key factors which is consider as the drivers for global application tracking system market is reduction of recruitment related costs which help in improving overall cost per hire. There are a few restrains which hung the growth such as automated system may reject the deserving candidates; software related issues hinder the growth of market. Increase in demand for skill-based professionals act as important opportunity for the global market to conquer. This report gives comprehensive outlook on market across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global market gives historical, current, and future market sizes on the basis of component, deployment, organization size, end user and region. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global applicant tracking system market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global applicant tracking system market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global market.
