Latest News- Applicant Tracking Systems Market in Europe: Large enterprises is expected to lead the End-user segment during 2025-2029

The Applicant Tracking Systems Market in Europe is being driven by Digitalization of HR divisions of organizations

The Applicant Tracking Systems Market in Europe is expected to grow at a CAGR of 5.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 202.8 million. In Europe, Applicant Tracking Systems (ATS) are evolving with the integration of Artificial Intelligence (AI) to enhance productivity and deliver precise results. HR departments in enterprises are embracing AI technology to automate transactional activities and gain valuable insights by recognizing patterns and tendencies in data. This innovation streamlines the hiring and recruitment processes, enabling faster resume evaluation. Oracle, for instance, incorporates AI into its applicant tracking system, Oracle HCM Cloud, automating manual tasks and sourcing candidates from existing databases. Key advantages of integrating AI into ATS include expedited resume assessment through automated keyword extraction and improved candidate selection accuracy. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Large enterprises
  • SMEs
• Deployment
  • Cloud-based
  • On-premises
• Component
  • Software
  • Services
• Application
  • IT and telecom
  • BFSI
  • Healthcare
  • Retail and E-commerce
  • Others
• Geography
  • Europe
    • Germany
    • UK
    • France
    • Italy

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Digitalization of HR divisions of organizations
• Benefits associated with applicant tracking systems
• Increasing use of cloud-based applicant tracking systems

However, the market also witnesses some limitations, which are as follows:

• Availability of open-source and free applicant tracking systems
• Limitations associated with applicant tracking systems
• Keyword optimization issue in applicant tracking systems

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Market Scope in Applicant Tracking Systems Market in Europe Research Report

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Research Analysis Overview

The European Applicant Tracking Systems (ATS) market offers advanced solutions, including AI-driven recruiting, automated email sequences, and talent pool management. Metrics and workflow optimization facilitate data-driven recruiting, while real-time dashboards and integration with HRIS ensure secure data storage and scalability. Customizable modules, user training resources, and performance analysis tools enhance user experience. Compliance regulations, cost savings, and time-to-hire improvement are key benefits, along with diversity recruitment, global talent acquisition, candidate engagement, employer branding strategies, strategic workforce planning, and recruiting process optimization. (61 words)

Market Research Overview

The European Applicant Tracking Systems (ATS) market encompasses specialized software solutions designed for candidate management, applicant screening, recruitment workflow automation, and talent acquisition. This segment falls under the broader IT software industry, which comprises companies developing and producing application and system software, excluding those engaged in interactive home entertainment or systems software production. According to Technavio, the European ATS market size is determined by the combined revenue generated by these niche software providers. These solutions streamline and optimize the recruitment process, enhancing overall operational efficiency and productivity for businesses.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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