Research Methodology – Applicant Tracking System Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Applicant Tracking System Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Applicant Tracking System Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
Number of vendors present in the Applicant Tracking System (ATS) market
Total sales revenue of all the vendors combined
Market demand and supply conditions
The potential number of users or businesses likely to use such systems
Price per unit of Applicant Tracking Systems
Region-wise adoption rate of Applicant Tracking Systems
Infrastructure support for deploying such systems
The extent of digitalisation in human resources and recruitment processes
Existing competitors and their market shares
Key Market Indicators:
Growth rate of the Applicant Tracking System market
Year-on-year (YOY) growth or Compound Annual Growth Rate (CAGR)
Market concentration ratio: Herfindahl-Hirschman Index (HHI), Cr4, Cr8
Profitability margins at different levels of market competition
Change in market demand and its effect on the pricing of ATS
Customer acquisition & retention rates by major ATS providers
Market dynamics i.e., trends of customers towards purchasing and using ATS
Technological innovations and their impacts on the market
Growth Trends:
Increasing adoption of AI and Machine Learning in ATS
Growth in the use of cloud-based applications tracking systems
Increasing demand for streamlining recruitment processes
Growth in the remote working trend amplifying the need for digital recruitment tools
Expanding business sizes generating more demand for automated applicant tracking processes
Rising trend of data-driven decision-making in human resources
Growing importance of Employer Branding enhancing the need for sophisticated ATS
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Applicant Tracking System Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Applicant Tracking System Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights