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

The global employee training and ATS market comprises of a large number of vendors providing innovative employee training and ATS solutions with advanced capabilities and features, in turn, intensifying the market’s competitive environment. These vendors are also focusing on differentiating their products and service offerings through clear value propositions to survive and succeed in the market. Several vendors are reinventing their talent management software, especially the performance management processes to adapt to the rapid market changes.

Key vendors in this market are -

• EtQ
• WCAS-QuickBase
• Halogen Software
• MasterControl

Other prominent vendors in the market include ConvergePoint, Culture Amp, Intelex Technologies, Litmos by CallidusCloud, and SkyPrep.

Segmentation by deployment model and analysis of the employee training and ATS market

• On-premises
• Cloud-based

The cloud-based employee training and ATS market segment accounted for the majority market share during 2016 and is expected to dominate the employee training and applicant tracking system market for the next four years. The cloud solutions for employee training and ATS are provided in various environments such as private, public, and hybrid. The ability of the cloud-based deployment model to provide extended system access to anyone involved in the hiring process is one of the primary factors responsible for the growth of this segment in the employee training and ATS market.

Segmentation by end user and analysis of the employee training and ATS market

• Healthcare
• Technology
• Financial services
• Professional services
• Retail

The healthcare industry of the global employee training and ATS market accounted for the majority market share during 2016 and will continue to dominate the employee training and applicant tracking system market during the forecasted period. The market segment is experiencing a huge number of users of employee training and ATS solutions due to the increasing demand for application tracker solutions, the growing competition in the healthcare and fitness industry, and the associated benefits to find qualified and capable employees.

Key questions answered in the report include

• What will the ATS market size and the growth rate be in 2021?
• What are the key factors driving the global employee training and applicant tracking software (ATS) market?
• What are the key market trends impacting the growth of the global employee training and applicant tracking software (ATS) market?
• What are the challenges to market growth?
• Who are the key vendors in the global employee training and applicant tracking software (ATS) market?
• What are the market opportunities and threats faced by the vendors in the global employee training and applicant tracking software (ATS) market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global employee training and applicant tracking software (ATS) market?

Technavio also offers customization on reports based on specific client requirement.