Multiple users can access data online thanks to the cloud-based deployment option for ATS software. By deployment type, the Applicant Tracking System (ATS) Market is divided into on-premises and cloud segments. Throughout the projected period, a greater CAGR is anticipated for the cloud deployment mode. The on-premises deployment model of ATS solutions is being replaced by the cloud because the former offers advantages like lower operational costs, making the technology available to organisations and departments that lack the resources and sound infrastructure to support the on-premises deployment model. Cloud services are free to use and can be paid for as needed by the user. As SMEs prepare to handle the difficulties of talent search and rising job applications, the market for cloud-based ATS solutions is predicted to develop, creating growth prospects.
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