Press release
Employee Communication Software Market - Detailed Analysis of Current and Future Industry Figures till 2027 | Beekeeper, Nudge, Poppulo, Simpplr, Smarp Oy, SnapComms, Sociabble, Staffbase, theEMPLOYEEapp, Workvivo
The employee communication software market was valued at US$ 739.43 million in 2019 and is projected to reach US$ 1,780.09 million by 2027; it is expected to grow at a CAGR of 11.8% during 2020–2027.
With increasing level of competition and changing technology landscape across industry verticals, companies are continuously striving for solutions that could help in enhancing employee productivity, operational efficiency, and end user experiences, while reducing their overall costs. In addition, due to COVID-19 outbreak, companies are shifting toward remote working culture owing to restrictions on on-premise business activities and movement restrictions being implemented in various countries. The structure of today’s enterprises is becoming more dynamic and complex, especially in industries such as retail and healthcare where a large section of workforce is deskless/mobile in nature.
The COVID-19 pandemic is further driving the trend of remote working in other industries such as BFSI, manufacturing, and IT and telecom. Hence, due to increasing share of deskless workforce across industries, the demand for multi-platform communication tools (desktop, mobile, tablets etc.) is expected to rise at an impressive rate in the coming years. Beekeeper AG, Staffbase, SnapComms, theEMPLOYEEapp, and Nudge Corporation are among the players offering dedicated employee communication mobile app/platform targeted toward mobile and deskless workforce in industries such as retail, IT & telecom, and healthcare.
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The reports cover key developments in the Employee Communication Software market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Employee Communication Software market are anticipated to lucrative growth opportunities in the future with the rising demand for Employee Communication Software market in the global market.
Key Players Influencing the Market
• Beekeeper AG
• Nudge Corporation
• Poppulo (E-Search DAC)
• Simpplr Inc.
• Smarp Oy
• SnapComms
• Sociabble, Inc.
• Staffbase
• theEMPLOYEEapp
• Workvivo Limited
The “Global Employee Communication Software Market Analysis to 2027” is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of Employee Communication Software market with detailed market segmentation by component, deployment type, industry vertical, and geography. The global Employee Communication Software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Employee Communication Software market players and offers key trends and opportunities in the market.
The global Employee Communication Software market is segmented on the basis of type and application. Based on type, the Employee Communication Software market is segmented into: Cloud-based and On-premises. Based on application, Employee Communication Software market is segmented into: Small and Medium Enterprises and Large Enterprises.
Besides this, the report analyzes factors affecting Employee Communication Software market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions considered in the Global Employee Communication Software Market report.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Employee Communication Software market based on the type and application. It also provides market size and forecast till 2027 for overall Employee Communication Software market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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Answers that the report acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the Employee Communication Software Market.
• Key market trends cracking up the growth of the Employee Communication Software Market.
• Challenges to market growth.
• Key vendors of Employee Communication Software Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Employee Communication Software Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.
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