Applicant Tracking System Market - Forecast (2021 - 2026)
Applicant tracking system market is forecast to reach $2.1 billion by 2026, growing at a CAGR 7.6% from 2021 to 2026 . Applicant tracking system is also known as the candidate management system, and enterprises use the software to more efficiently recruit employees and is used in conjunction with customer relationship management solutions. The applicant tracking system can also be used to post job openings on a company website or work board to review resumes, and to create interview requests via e-mail to deserved applicants. Given the need for automation of recruitment practices, applicant tracking system is gaining significant adoption across governments and businesses. When applicant tracking software application automates screening and job application posting of applicants through various work boards, it reduces bias and manual errors by using data mining and natural language processing. Cloud-based applicant tracking software as a service solution is slowly...