Best Applicant Tracking System in 2023
The applicant tracking system has come a long way since its inception. It has evolved to become a more sophisticated tool that helps employers to track and manage job applicants more effectively. The latest applicant tracking systems are equipped with powerful features that allow employers to automate many of the tasks associated with managing job applicants. This includes features such as online job postings, resume parsing, applicant screening, and interview scheduling.
The global Applicant Tracking System market size is expected to reach USD 2.85 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 7.8% over the forecast period. The major factors driving the growth of the market include the increasing need for automating the hiring process and the rising adoption of cloud-based solutions.