| Product Code: ETC4405528 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Singapore Applicant Tracking System Market is flourishing as organizations recognize the importance of streamlined and efficient recruitment processes. Applicant tracking systems have become integral in managing the entire recruitment lifecycle, from posting job listings to onboarding new hires. By automating and centralizing these tasks, businesses can significantly reduce administrative overhead and improve the overall candidate experience.
The applicant tracking system market in Singapore is primarily driven by the country`s robust job market and a competitive business landscape. Companies are constantly searching for top talent, and in this context, technology solutions are indispensable. Applicant tracking systems simplify and streamline the hiring process, allowing organizations to manage job openings efficiently and identify the most suitable candidates quickly. Furthermore, the increased emphasis on data-driven HR decisions and the need for compliance with hiring regulations are fueling the adoption of these systems.
The applicant tracking system market in Singapore faces challenges in streamlining and optimizing the recruitment process. As businesses evolve, the need for ATS to adapt to different recruitment models and cater to diverse industries is a challenge. Data privacy regulations and the need for compliance with equal opportunity employment laws require continuous attention. Integration with other HR and recruitment software is essential, but can be complex. Ensuring a positive candidate experience throughout the recruitment process is another challenge that ATS providers need to address.
The COVID-19 pandemic reshaped the hiring and recruitment landscape in Singapore, affecting the Applicant Tracking System market. With remote hiring and virtual interviews becoming the norm, businesses needed efficient ATS solutions to manage their recruitment processes. ATS providers adapted by offering features that supported virtual recruitment, video interviews, and collaborative hiring. The pandemic accelerated the digital transformation of talent acquisition and the adoption of ATS platforms to streamline recruitment operations.
In the Singapore Applicant Tracking System Market, key players offer innovative solutions for talent acquisition and recruitment. Leading the market are global companies like Oracle, SAP SuccessFactors, and Workday, which provide comprehensive applicant tracking systems as part of their human capital management suites. Additionally, local players such as JobStreet and MyCareersFuture offer platforms tailored to the specific recruitment needs in Singapore. These key players facilitate efficient and streamlined hiring processes for organizations in the region.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Applicant Tracking System Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Applicant Tracking System Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Applicant Tracking System Market - Industry Life Cycle |
3.4 Singapore Applicant Tracking System Market - Porter's Five Forces |
3.5 Singapore Applicant Tracking System Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Singapore Applicant Tracking System Market Revenues & Volume Share, By Organization Size , 2021 & 2031F |
3.7 Singapore Applicant Tracking System Market Revenues & Volume Share, By Deployment Mode , 2021 & 2031F |
3.8 Singapore Applicant Tracking System Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Singapore Applicant Tracking System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital HR solutions in Singapore |
4.2.2 Growing demand for streamlining recruitment processes in organizations |
4.2.3 Emphasis on data-driven decision making in HR practices |
4.3 Market Restraints |
4.3.1 Security and privacy concerns related to storing sensitive applicant data in the system |
4.3.2 Resistance to change and traditional recruitment methods in some organizations |
5 Singapore Applicant Tracking System Market Trends |
6 Singapore Applicant Tracking System Market, By Types |
6.1 Singapore Applicant Tracking System Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Singapore Applicant Tracking System Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 Singapore Applicant Tracking System Market Revenues & Volume, By Software , 2021-2031F |
6.1.4 Singapore Applicant Tracking System Market Revenues & Volume, By Services, 2021-2031F |
6.2 Singapore Applicant Tracking System Market, By Organization Size |
6.2.1 Overview and Analysis |
6.2.2 Singapore Applicant Tracking System Market Revenues & Volume, By SMEs, 2021-2031F |
6.2.3 Singapore Applicant Tracking System Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.3 Singapore Applicant Tracking System Market, By Deployment Mode |
6.3.1 Overview and Analysis |
6.3.2 Singapore Applicant Tracking System Market Revenues & Volume, By On-Premises, 2021-2031F |
6.3.3 Singapore Applicant Tracking System Market Revenues & Volume, By Cloud, 2021-2031F |
6.4 Singapore Applicant Tracking System Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Singapore Applicant Tracking System Market Revenues & Volume, By BFSI, 2021-2031F |
6.4.3 Singapore Applicant Tracking System Market Revenues & Volume, By Government, 2021-2031F |
6.4.4 Singapore Applicant Tracking System Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.5 Singapore Applicant Tracking System Market Revenues & Volume, By Telecom and IT, 2021-2031F |
6.4.6 Singapore Applicant Tracking System Market Revenues & Volume, By Consumer Goods and Retail, 2021-2031F |
6.4.7 Singapore Applicant Tracking System Market Revenues & Volume, By Healthcare and Lifesciencs, 2021-2031F |
6.4.8 Singapore Applicant Tracking System Market Revenues & Volume, By Transportation and Logistics, 2021-2031F |
6.4.9 Singapore Applicant Tracking System Market Revenues & Volume, By Transportation and Logistics, 2021-2031F |
7 Singapore Applicant Tracking System Market Import-Export Trade Statistics |
7.1 Singapore Applicant Tracking System Market Export to Major Countries |
7.2 Singapore Applicant Tracking System Market Imports from Major Countries |
8 Singapore Applicant Tracking System Market Key Performance Indicators |
8.1 Average time-to-hire for organizations using applicant tracking systems |
8.2 Percentage increase in the efficiency of recruitment processes after implementing the system |
8.3 Rate of user adoption and satisfaction with the applicant tracking system |
8.4 Number of successful placements made through the system |
8.5 Reduction in recruitment costs per hire due to the implementation of the system |
9 Singapore Applicant Tracking System Market - Opportunity Assessment |
9.1 Singapore Applicant Tracking System Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Singapore Applicant Tracking System Market Opportunity Assessment, By Organization Size , 2021 & 2031F |
9.3 Singapore Applicant Tracking System Market Opportunity Assessment, By Deployment Mode , 2021 & 2031F |
9.4 Singapore Applicant Tracking System Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Singapore Applicant Tracking System Market - Competitive Landscape |
10.1 Singapore Applicant Tracking System Market Revenue Share, By Companies, 2024 |
10.2 Singapore Applicant Tracking System Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |