Lewes, DE -- (SBWire) -- 06/27/2017 --Report forecast the global applicant tracking system in higher education to grow at a CAGR of 3% during the period 2017-2021.
ATS are applications that manage recruitment process of an organization. They collect resumes in database and give recruiters an automated process of hiring from sourcing to hiring activities. They filter applications automatically based on given criteria such as keywords, skills, former employers, years of experience, and schools attended. This has caused many candidates to adapt resume optimization techniques, similar to those used in search engine optimization when creating and formatting their resume.
The report covers the present scenario and the growth prospects of the global applicant tracking system in higher education for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW
According to the report, one driver in the market is efficient hiring process. The traditional method of hiring and enrolling processes has resulted in many difficulties among colleges and universities. The manual process of hiring takes extended time to fill positions, which is expensive in terms of revenue generation, and there is a large possibility of omitting best candidates and students. These processes are time-consuming and exhibit an inability to measure productivity in terms of profitability and efficient onboarding.
Further, the report states that one challenge in the market is emergence of open source ATS. Open source ATS software are available on the internet for free. They are the biggest challenges to vendors that provide ATS services. This enable institutions to work efficiently without any vendor lock-ins and at a minimum hardware and software costs. Open source software enables colleges and universities to integrate ATS solution with other software such as onboarding, resume parsing, and a background checks software.
Global Applicant Tracking System in Higher Education 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. 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.
key players in the global applicant tracking system in higher education: Hirezon, PeopleAdmin, Greenhouse, ApplicantStack, and Automatic Payroll Systems.
Other Prominent Vendors in the market are: Asure Software, Bullhorn, ClearCompany, CloudERP4, and Kronos.
Market driver
- Efficient hiring process
- For a full, detailed list, view our report
Market challenge
- Emergence of open source ATS
- For a full, detailed list, view our report
Market trend
- ATS and background-checking software integration
- For a full, detailed list, view our report
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 market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 66 pages "Global Applicant Tracking System (ATS) In Higher Education 2017 - 2021" report covers Executive summary, Scope of the report, Research Methodology, Introduction, Market landscape, Market overview, Market segmentation by deployment, Geographical segmentation, Decision framework, Drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Other prominent Vendors, Appendix.
Please visit this link for more details: http://www.marketresearchreports.com/technavio/global-applicant-tracking-system-ats-higher-education-2017-2021
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Global Applicant Tracking System in Higher Education to Grow at a CAGR of 3% During the Period 2017 - 2021; Finds New Report
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