11-Mar-2019 | Zion Market Research
Zion Market Research has published a new report titled “Employee Engagement Software Market by Deployment (On-Premises and Cloud-Based), by Enterprise Size (Small and Medium Enterprises (SMEs) and Large Enterprises), and by Vertical (IT and Telecommunication, BFSI, Healthcare, Retail, Manufacturing, Education, Government, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025’’. According to the report, the global employee engagement software market was valued at USD 142 million in 2018 and is expected to reach approximately USD 346 million by 2025, at a CAGR of slightly above 13.5% between 2019 and 2025.
The integration of application programs chosen by enterprises for productive employee retention and an increase in job satisfaction is termed as employee engagement software. This software is used by organizations to increase their overall productivities. Mostly employee engagement software is deployed for human resource (HR) departments and includes peer recognition, employee segmenting, employee surveys, and wellness assessment, among others.
Browse the full “Employee Engagement Software Market by Deployment (On-Premises and Cloud-Based), by Enterprise Size (Small and Medium Enterprises (SMEs) and Large Enterprises), and by Vertical (IT and Telecommunication, BFSI, Healthcare, Retail, Manufacturing, Education, Government, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/employee-engagement-software-market
The ICT industry has grown notably over the last few years. The top IT and telecommunication companies are targeting developing economies, such as India and China. The employee engagement software market growth can be attributed to the regional expansion of the ICT industry and the growing demand for software solutions to streamline various business activities. Employee engagement software solutions are adopted by the ICT sector for enhancing the organizations’ overall productivity. In 2015, the worldwide ICT industry generated revenue of USD 4.4 trillion as compared to USD 3.4 trillion in 2010. However, the lack of awareness about the benefits and availability of employee engagement software may hinder the market. Moreover, software developers are primarily focused on developing solutions that are easily compatible with smart consumer devices, which is anticipated to create open new growth avenues for the employee engagement software market in the upcoming years.
The global employee engagement software market is segmented on the basis of deployment, enterprise size, and vertical. By deployment, the market is classified into on-premises and cloud-based. The rising demand for subscription-based solutions from the users is predicted to support the cloud-based segment in the years ahead. By enterprise size, the market is classified into small and medium enterprises (SMEs) and large enterprises. With a growing number of small and medium enterprises, this segment is likely to grow at a rapid pace over forecast timeframe. By vertical, the market includes IT and telecommunication, BFSI, healthcare, retail, manufacturing, education, government, and others. The demand for employee engagement software is anticipated to grow rapidly in the IT and telecom sector for enhancing employees’ overall productivity.
Regionally, North America is projected to hold a major share of the employee engagement software market in the future, owing to the early adoption of employee engagement software across myriad organizations. The U.S. is likely to dominate this regional market, owing to the strong presence of large enterprises and the high adoption rate of employee engagement software in the country.
Some key participants operating in the global employee engagement software market are People Gauge, Quantum Workplace, Gensuite, Officevibe, Transcend, Tap My Back, VibeCatch, Qualtrics, KaiNexus, Key Survey, WorkTango, Bitrix, Sparble, Synergita, Pingboard, Vocoli, and Zinta.
This report segments the global employee engagement software market into:
Employee Engagement Software Market: Deployment Analysis
Employee Engagement Software Market: Enterprise Size Analysis
Employee Engagement Software Market: Vertical Segment Analysis
Employee Engagement Software Market: Regional Analysis
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed