Applicant Tracking System Market Size to Reach USD 2.33 Billion in 2028
Increasing need to improve candidate hiring experience is a key factor driving applicant tracking system market revenue growth Market Size – USD 1.38 Billion in 2020, Market Growth – at a CAGR of 6.5%, Market Trends – Increased adoption of applicant tracking system in countries in Asia Pacific The global applicant tracking system market size is expected to reach USD 2.33 Billion in 2028 and register a revenue CAGR of 6.5% over the forecast period, according to the latest report by Reports and Data. Increasing preference for automated recruitment process is driving market revenue growth. Applicant tracking system is a software that implements the task of short-listing candidates by selecting their resumes. Features of this software such as scheduling interviews and candidate tracking are helping in handling the recruitment process effortlessly. Adoption of advanced cloud technology services which allows thousands of customers to access similar resources help companies to cut dow