Applicant Tracking System Report Cover TrendFeedr

Applicant Tracking System Report

: Analysis on the Market, Trends, and Technologies
2.6K
TOTAL COMPANIES
Expansive
Topic Size
Strong
ANNUAL GROWTH
Plummeting
trending indicator
25.7B
TOTAL FUNDING
Average
Topic Maturity
Balanced
TREND HYPE
16.5K
Monthly Search Volume
Published: March 5, 2024
Updated: June 6, 2025
Author: Nikki Wilson

The applicant tracking system (ATS) market is transforming rapidly from a simple resume‐filtering tool into a comprehensive digital recruitment platform that integrates AI and cloud‐based automation to streamline every phase of the hiring process (Research Nester). The growth is fueled by the need for improved efficiency, data‐driven decision making, and a heightened focus on minimizing bias and enhancing candidate experience. Driven by increasing automation and the integration of advanced technologies, the market is expected to exhibit robust growth in revenue and adoption across regions.

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Topic Dominance Index of Applicant Tracking System

To identify the Dominance Index of Applicant Tracking System in the Trend and Technology ecosystem, we look at 3 different time series: the timeline of published articles, founded companies, and global search.

Dominance Index growth in the last 5 years: -2.68%
Growth per month: -0.05%

Key Activities and Applications

Applicant tracking systems automate and centralize critical recruitment activities, including job posting, candidate sourcing, resume parsing, and scheduling interviews. These systems provide tools to manage candidate profiles, streamline communication between hiring teams, and support compliance by tracking key metrics and maintaining audit trails (MarketResearch Future). In addition, ATS platforms integrate with background check services, pre-hire assessments, and video interview solutions, thereby reducing administrative workload and ensuring a consistent candidate experience. Their capacity to integrate with broader HR systems makes them indispensable for organizations aiming to achieve operational efficiency across the full talent lifecycle.

Technologies and Methodologies

Modern ATS platforms utilize a broad range of advanced technologies and methodologies:
- Cloud Computing & SaaS: Enables scalable and cost-effective access to the ATS from any location with real-time updates and integrations.
- Artificial Intelligence (AI) & Machine Learning (ML): These technologies power intelligent candidate matching and resume parsing, and provide predictive analytics for hiring outcomes.
- Natural Language Processing (NLP): Automates resume parsing with high accuracy by understanding complex text and context.
- APIs and Integration Frameworks: ATS platforms integrate with HRIS, background check services, and communication tools, ensuring seamless data flow across recruitment ecosystems (Mordor Intelligence).
- Mobile-First Design: Enhances candidate application experience via mobile-friendly interfaces, ensuring accessibility and faster response rates from applicants.

Applicant Tracking System Funding

A total of 535 Applicant Tracking System companies have received funding.
Overall, Applicant Tracking System companies have raised $25.7B.
Companies within the Applicant Tracking System domain have secured capital from 2.2K funding rounds.
The chart shows the funding trendline of Applicant Tracking System companies over the last 5 years

Funding growth in the last 5 years: -18.37%
Growth per month: -0.35%

Applicant Tracking System Companies

Below are five companies that exemplify innovation and unique value propositions in the ATS sphere:

  • ApplicantPro
    ApplicantPro provides a cost-effective, easy-to-use hiring software solution targeting small to mid-sized employers. Their platform covers the full recruitment lifecycle—from job distribution and candidate sourcing to background checks and onboarding—with robust integrations with job boards like Indeed. They focus on affordability without sacrificing functionality, ensuring that businesses get tailored, individualized support.

  • ApplicantStack (by Racarie Software)
    ApplicantStack is designed specifically for small to midsize organizations, offering a streamlined, web-based recruitment and onboarding solution. The system simplifies job posting, resume collection, and applicant tracking while emphasizing ease of setup and user-friendly design. Its affordability and flexibility make it a top-rated choice for organizations seeking a straightforward yet effective ATS.

  • Tracker
    Tracker is an integrated ATS and CRM solution that focuses on streamlining recruitment workflows and building better relationships. With a deep focus on both sales and recruitment, Tracker combines candidate tracking with robust reporting capabilities that empower staffing agencies and recruitment firms. Its cloud-based approach, coupled with a focus on end-to-end integration, helps recruiters optimize their workflows effectively.

  • HireBeat
    HireBeat leverages AI-powered resume review and video interviewing to accelerate the recruitment process. Their platform integrates with multiple job boards and consolidates applications into a single hub for easy candidate management. By automating tedious administrative tasks, HireBeat allows recruiters to focus on engaging top candidates, thereby reducing overall hiring time and costs.

  • SmartRecruiters
    As an enterprise-grade platform, SmartRecruiters combines ATS functionalities with a full-scale talent acquisition suite powered by AI. Their system supports superhuman hiring by integrating recruitment, candidate experience, and third-party applications into one scalable environment. With a strong global presence and partnerships that extend across HR and technology ecosystems, SmartRecruiters is driving innovation in recruitment automation.

Identify and analyze 2.6K innovators and key players in Applicant Tracking System more easily with this feature.

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2.6K Applicant Tracking System Companies

Discover Applicant Tracking System Companies, their Funding, Manpower, Revenues, Stages, and much more

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Applicant Tracking System Investors

TrendFeedr’s investors tool offers a detailed view of investment activities that align with specific trends and technologies. This tool features comprehensive data on 2.6K Applicant Tracking System investors, funding rounds, and investment trends, providing an overview of market dynamics.

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2.6K Applicant Tracking System Investors

Discover Applicant Tracking System Investors, Funding Rounds, Invested Amounts, and Funding Growth

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Applicant Tracking System News

Stay informed and ahead of the curve with TrendFeedr’s News feature, which provides access to 2.2K Applicant Tracking System articles. The tool is tailored for professionals seeking to understand the historical trajectory and current momentum of changing market trends.

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2.2K Applicant Tracking System News Articles

Discover Latest Applicant Tracking System Articles, News Magnitude, Publication Propagation, Yearly Growth, and Strongest Publications

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Executive Summary

In conclusion, the applicant tracking system market is experiencing robust growth driven by increasing demand for recruitment process automation, AI-powered predictive analytics, and cloud-based scalability. Key activities now encompass end-to-end recruitment—from job posting through candidate onboarding—powered by advanced technologies such as AI, ML, and NLP. Companies in this domain are not only automating administrative tasks but also transforming candidate experiences and ensuring unbiased hiring practices. With market leaders like ApplicantPro, ApplicantStack, Tracker, HireBeat, and SmartRecruiters spearheading the evolution, businesses across all sizes and industries can leverage these platforms to improve recruitment efficiency and achieve strategic talent acquisition objectives.

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