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360 Degree Feedback Software Market 2021 Industry Analysis BY Key Players - PeopleGoal, Inc., Mettl Online Assessment, Saba Software, Salesforce, TALENTGUARD, Appraisal360 - And Forecast To 2028

12-06-2021 01:27 PM CET | IT, New Media & Software

Press release from: Fortune Business Insights

360 Degree Feedback Software Market 2021-2028

360 Degree Feedback Software Market 2021-2028

360 Degree Feedback Software Market 2021-2028

New study report ” 360 Degree Feedback Software Market 2021 Global Market Opportunities, Challenges, Strategies, and Forecasts 2028″ has been added to Fortune Business Insights.

Market Overview-

The global 360 Degree feedback software market is set to gain traction from the rising need to determine the level of employee engagement. As per the State of the Global Workplace report, if employees are unsatisfied or unhappy at the workplace, 85% of them are not actively engaged at work. This information is published by Fortune Business Insights™ in a new report, titled, “360 Degree Feedback Software Market Size, Share & COVID-19 Impact Analysis, By Type (Installed, Web-Based), By Application (Education, Retail, Corporate, Travel and Hospitality, Healthcare), and Regional Forecast, 2020-2027.” The report further states that the market size was USD 680.3 million in 2019 and is projected to reach USD 1,465.6 million by 2027, exhibiting a CAGR of 10.1% during the forecast period.

COVID-19 Pandemic: Rising Remote Working Practice to Affect Growth Positively

The COVID-19 pandemic has compelled numerous organizations to halt their operations. It has also pushed them to limit their budget, as well as made it a compulsion for their employees to work from home. The sudden transformation in business operations has made it necessary for organizations to keep their employees active and engaged. This factor is likely to aid growth in 2020. Our authentic research reports will help clients to better understand the current scenario of the global market. They can choose the right strategy to battle the pandemic.

Key Players-

The key players have an essential part to play in fostering the product improvement as per the demand of the consumers with ample supply in particular regions. The well-known brands are also acknowledged and aware of the potential links with the global 360 Degree Feedback Software Market 2021-2028 for showing a prominent place to the key players in the market.

Top Key Players in this market are:

PeopleGoal, Inc. (England, United Kingdom)
Mettl Online Assessment (Haryana, India)
Saba Software (California, United States)
Salesforce (California, United States)
TALENTGUARD (Austin, United States)
Appraisal360 (Texas, United States)
AssessTEAM, LLP (Massachusetts, United States)
STAR 360 Feedback (Springville, Utah)
Trakstar (Seattle, United States)
Synergita (Chennai, India)
CustomInsight (Nevada, United States)
SurveyMonkey (California, United States)
Reviewsnap (Seattle, United States)
Request For Sample Copy @ https://www.fortunebusinessinsights.com/enquiry/sample/360-degree-feedback-software-market-104481

COMPETITIVE LANDSCAPE:

Key Players Focus on Launching Innovative Software to Attract More Customers

The market for 360 Degree feedback software houses multiple prominent companies that are mainly focusing on attracting new customers. Some of them are also trying to convert free users to paid ones. To do so, they are aiming to launch technologically advanced 360 Degree feedback software solutions. Below are the two latest industry developments:

October 2020: SurveyMonkey unveiled a new platform named GetFeedback to aid B2B organizations provide high-value customer experiences. It would also help in nurturing customer relationships and adapting to customer needs.
July 2020: Grapevine Evaluations introduced its new 360 degree employee evaluation software for HR firms and consultants. It is highly customizable and can be fully branded with their logo. It will help to meet the specific employee assessment needs of organizations.
SEGMENTATION:

Retail Segment to Grow Significantly Backed by Surging Need to Retain Loyal Customers

Based on application, the retail segment generated 10.0% in terms of the 360 Degree feedback software market share in 2019. Successful retailers are extensively using such software solutions to retain loyal customers and attract new ones. They are gaining detailed insights regarding customers’ purchasing experiences. Hence, they are able to provide personalized recommendations and services across every touchpoint and channel.

REGIONAL INSIGHTS:

North America to Remain at Forefront Fueled by Rising Number of Technology Experts

Geographically, North America earned USD 236.1 million in terms of revenue in 2019. The region is set to retain its dominance throughout the forthcoming years because of the increasing number of scientists, technology experts, and doctors. They are mainly employed on contract basis.

Asia Pacific, on the other hand, is anticipated to exhibit the highest CAGR on account of the rising usage of 360 Degree feedback software in numerous applications, such as training organizations, performance evaluation in corporate sectors, and performance appraisals. Europe is set to remain in the second position stoked by the surging need to retain employees, improve the output of organizations, and assess employee work.

Request for Customization @ https://www.fortunebusinessinsights.com/enquiry/customization/360-degree-feedback-software-market-104481

How Did We Create This Report?

As customer expectations are changing, the aspirations of dealers are also transforming rapidly. Distribution channels are becoming complex. To provide our clients with detailed information, we have conducted extensive primary and secondary research. We have thoroughly investigated each opportunity qualitatively and quantitatively so that our clients get a complete picture of both emerging and existing opportunities. We have also conducted a techno-economic study.

Table of Content:

Introduction
Key Takeaways
Market Dynamics
Competition Landscape
Global 360-Degree Feedback Software Key Players Market Share Insights and Analysis, 2019
Key Market Insights and Strategic Recommendations
Primary Interviewee’s Key Responses
Companies Profiled (Covered for key 10 players only)
Annexure / Appendix
Companies Analyzed (In order to estimate the market size and/or understanding the market ecosystem)
Continue….

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About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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