Global employee engagement and feedback software market was valued at US$ 549.01 million in 2018 and is expected to reach US$ 1638.6 million by 2027, growing at an estimated CAGR of 11.08 % over the forecast period. Some of the key players which are operating in the employee engagement and feedback software market are Hyphen, TINYpulse, Wills Tower Watson, Lattice, Emplify, Clarity Wave and BeeKeeper AG amongst others.
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Employee engagement and feedback software helps the organizations to get feedback from the employees to identify achievements and conduct promotional activities. This software is implemented in human resource department to improve operational efficiency and reduce human error. There has been a rising adoption of the software since, it allows managers and peers to recognize their work thus promoting employee engagement activities. However, an employee turnover is expected to hamper the overall employee engagement and feedback software market growth over the next eight years. Turnover tends to be expensive both in terms of cost and knowledge. Compensation is one criteria that provides management a perspective on issues such as turnover or disengagement.
Thus, the introduction of employee retention management tools help in guiding the managers through the stay interview process, reducing the turnover ratio along with increasing engagement. For instance, HRsoft software is engaged in providing strategic talent management that helps in the improvement of business results and manager effectiveness. The cloud-based software solutions duly provided by the company includes compensation planning software, stay interview software, applicant tracking software, content management software and performance management software.
Market Segmentation:
- By Deployment
- On Cloud
- On Premise
- By Organization Size
- Small and Medium Sized Enterprises
- Large Enterprise
- By Delivery Mode
- Standalone
- Integrated
- By Offering
- Turnkey
- Customized
- By Device
- Desktop
- Handheld
- By Geography
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Argentina
- Brazil
- Rest of Latin America
Employee Engagement and Feedback Software Market research added by Absolute Markets Insights, offers a comprehensive analysis of the growth trends prevailing in the global business arena. This report also provides definitive data regarding the market, size, marketing aspects, and revenue forecast of the industry. In addition, the study explicitly highlights the competitive status of major players in the projection schedule while focusing on their portfolio and regional expansion efforts.
The Global Employee Engagement and Feedback Software Market Analysis to 2030 is a specialized and in-depth study of the Technology, Media, and Telecommunications industry, with an emphasis especially on the analysis of global market trends. The report aims to provide an overview of the enterprise content delivery networks and enterprise streaming software market with detailed market segmentation by component, type of deployment, industry vertical, and geography. The global market for enterprise content delivery networks and enterprise streaming software is expected to witness high growth during the forecast period.
Financial performance:
The overall turnover of the companies / segments for the years 2021, 2020 and 2019 is provided in the sub-heading “Financial performance” (listed companies) with the analysis and explanation of the increase or decrease. decrease in these due to factors such as mergers and acquisitions, profit or loss of any strategic business unit (SBU) and others.
Strategic initiatives:
Information relating to new product launches, strategic collaboration, mergers and acquisitions, regulatory approval and other company developments in the market is covered in the strategic initiatives section.
Employee Engagement and Feedback Software Market: Regional analysis includes:
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (United States, Mexico and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC countries and Egypt.)
This research provides detailed information on the major factors influencing the Employee Engagement and Feedback Software market growth on a global and regional level (drivers, restraints, opportunities and challenges), forecast of market size, in terms of value, market share by region and segment; regional market positions; growth opportunities by segment and by country, strengths and weaknesses, brand portfolio; Marketing and distribution strategies; challenges and threats of current competition and prospects; Key Company Profiles, SWOTs and Growth Strategies.
The Employee Engagement and Feedback Software market research covers a comprehensive analysis of the following data:
• Historical and future growth of the Global Employee Engagement and Feedback Software market.
• Segmentation of enterprise content delivery network and enterprise streaming software market to highlight the growth prospects and trends impacting these segments.
• Change the consumption behavior of customers in different regions.
• Regional analysis on the basis of market share, growth prospects and key countries.
• Agreements, product launches, acquisitions and R&D projects of various players in the enterprise content delivery networks and enterprise streaming software market.
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