Employee Engagement and Feedback Software Market 2019 Global Analysis - EightSpokes, Inc., 15Five, Culture Amp Pty Ltd, TINYpulse, Weekdone, Impraise, Achievers Solutions Inc., Reflektive

Global Employee Engagement and Feedback Software Market is expected to rise from its initial estimated value by registering a healthy CAGR of 13.36% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017.Rising usage cloud-based employee engagement software is the major factor for the growth of this market.

By employing definite steps to collect, record, and analyse market data, this Employee Engagement and Feedback Software Market research report has been prepared. In addition to detailing about competitive landscape of the key players, this report also offers complete and distinct analysis of the market drivers and restraints, detailed analysis of the market segmentation, key developments in the market and details of research methodology.

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This market report helps uncover the general market conditions and tendencies. Global Employee Engagement and Feedback Software Market study analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors.

Global Employee Engagement and Feedback Software Market research report looks at the key aspects of the market including its market improvement, development, position and others. The industry inquiries in this report provide an examination and data as specified by classes. It underlines the global key manufacturers and analyzes the market competition landscape. The report also comprises of a bottomless knowledge on market definition, market drivers and market restraints, classifications, applications, and engagements.

What is more, Global Employee Engagement and Feedback Software Market report conducts analysis on sales (consumption) of market, focuses on the top players to assess their sales, price, revenue and market share with volume and value for each region.

Employee engagement & feedback software helps the organizations to measure the feedback from the employees, recognize the performer employees and rewards them or promote them positively. It helps the organizations to measure and promote the right employee, understand their sentiment, and promote the wellness or health of the employees. This software is getting installed in the organization as well as monitored by the HR department to measure and take feedback of employee which helps to build strong bond between employee and organization.

Some of the major competitors currently working in global employee engagement & feedback software market are Humu, Inc., EightSpokes, Inc., 15Five, Culture Amp Pty Ltd, TINYpulse, Weekdone, Impraise, Achievers Solutions Inc., Reflektive, Bam Creative, Saba Software., Hppy, Teambit, SurveySparrow Inc., Bitrix, Inc., People Gauge, Quantum Workplace., Gensuite, Officevibe, Transcend Information, Inc., tapmyback, VibeCatch Oy, Qualtrics, KaiNexus and WORLDAPP inc among others.

Market Drivers:

Rising demand for improved employee and management communication solution drives the growth of the market

Growing need of cloud-based employee engagement software is propelling the market growth

Increased demand from the retailers and financial institutes is augmenting the market in the forecast period

The online platform solution for employee engagement & feedback acts as supplement for the growth of the market

Market Restraints:

Lack of awareness about employee engagement & feedback software may hamper the market growth

The threat of increasing turnover of the employee will downsize the growth of the market in the forecast period

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Segmentation:

By Delivery Mode

Standalone
Integrated

By Offering

Turnkey
Customized

By Device

Desktop
Handheld

By Deployment

On-Premise
On Cloud

By Organization Size

Small and Medium Enterprises (SME)
Large Enterprise

By Geography

North America
South America
Europe
Asia-Pacific
Middle East and Africa

Key Developments in the Market:

In October 2018, Humu, a software company released the AI-based “nudge engine.” The employee engagement software 3.0 is based on the AI technology which turns the ONA data into organisational required format to improve their work. It is designed to observe the behavioural change to conclude the problem of employee

In February 2017, EightSpokes, a software company introduced the Peer-to-Peer Feedback solution for the project collaboration. The latest release of enlighten software is designed to provide the real-time feedback to the organisation and its employees. The programme helps the organisation to achieve their intended outcome with relevant feedback to employees for course-correct. The new programme will assist the company to increase the customer base by providing easiest solution for employee engagement and feedback

Competitive Analysis

Global employee engagement & feedback software market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of employee engagement & feedback software market for Global, Europe, North America, Asia-Pacific, South America and Middle East and Africa.

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