Global Employee Training and Applicant Tracking Software (ATS) Market 2017-2021

Global employee training and ATS market overview

As per the Technavio’s employee training and applicant tracking software market analsyis report, this sector is expected to grow at a steady rate and post a CAGR of more than 7% during the forecast period. The increasing demand for cloud-integrated recruitment software will drive the growth prospects for the global employee training and ATS market during the forecasted period. The market is witnessing a huge shift towards the cloud-integrated ATS solutions due to the budget constraints for IT infrastructure and the cost advantage of on-demand software subscriptions. The adoption rate of cloud-based solutions is also increasing due to the improved efficiency and easy deployment methods, which will fuel the rate of revenue generation in the market. Since cloud-integrated ATS solutions save time and reduce the operational costs by allowing employees to work from remote locations and access solution from any computer or device, the demand for employee training and applicant tracking system software will further increase in the coming years.

The Americas was the highest revenue contributor for the global employee training and ATS market during 2016 and will dominate the market for the next four years. The presence of major enterprise software providers such as Oracle and SAP and the benefits of employee training and ATS solution such as enabling companies to strategically source, attract, select, train, develop, retain, and promote the employees, will boost the demand for these applicant tracking system solutions.

Competitive landscape and key vendors