The Applicant Tracking System Market is to reach $3.2 Billion by 2030; Increased security, increased scalability, increased flexibility and lower costs are some of the factors propelling the market growth.

The Applicant tracking system market is forecast to reach $3.2 billion by 2030, growing at a CAGR 7.6% from 2024 to 2030, according to a recent report published by IndustryARC, titled, “Applicant Tracking System Market – By Component (Software, Service), By Deployment Type (On-premise, Cloud), By Organization Size (SMEs, Large Scale), By End User (Automobile, IT & Telecommunications, Aerospace and Defense, Energy and Mining, Education and Research, Government & Public Sector, Electrical and Electronics, Retail & Consumer Goods, Manufacturing, Healthcare & Life Sciences and Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”.

North America held the largest share of about 37.5% in the Applicant Tracking System Market in 2023, the region boasts a mature and well-developed talent acquisition landscape, with numerous organizations leveraging ATS solutions to streamline their hiring processes. Additionally, the increasing focus on employee experience and diversity and inclusion initiatives has led to a greater demand for advanced ATS features that support these objectives. The region's strong technological infrastructure and adoption of digital tools have also facilitated the widespread use of ATS solutions. Furthermore, the presence of major technology companies and a thriving startup ecosystem in North America has contributed to the development and adoption of innovative ATS solutions, thereby contributing to the market expansion of the Applicant Tracking System in North America region.