Press release
Employee Wellness Software Market to Witness Major Growth | Virgin Pulse, Sprout, Virtuagym, Elevo
Employee Wellness Software Market
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Employee wellness software is the new buzzword in the Human Resources arena. With huge budgets required to implement new technologies and services, business organizations are looking for cost-effective solutions for all their HR requirements. The health and safety of the employees are as important as providing quality resources for the organization. One of the ways to get in touch with the right customer is to conduct a health and safety survey and then develop the solution accordingly, or launch an initiative with a third-party survey firm that would help in the development of the solution. This growth is primarily driven by Increasing Number of Employees in the Private Sector, Rising Awareness Regarding Employee Health & Well-Being and Increasing Demand for Employee Wellness Software from Medium-Scale Organizations.
Some Players from complete research coverage: Sprout, Virtuagym, CoreHealth Technologies, Elevo, Terryberry Wellness, Virgin Pulse, Achievers, Ikkuma and Changers, etc
Employee Wellness Software Product Types In-Depth: Cloud-Based, On-Premises
Employee Wellness Software Major Applications/End users: Large Enterprises(1000+ Users), Medium-Sized Enterprise(499-1000 Users), Small Enterprises(1-499 Users)
Market Drivers:
- Increasing Number of Employees in the Private Sector
- Rising Awareness Regarding Employee Health & Well-Being
- Increasing Demand for Employee Wellness Software from Medium-Scale Organizations
Market Trend:
- Emphasizing On Integration of Wearable Technology, Gamification Programs, and Mobile Applications in Employee Wellness Software
- Emergence of Onsite Employee Wellness Programs
Restraints:
- Low Adoption of Wellness Solution Program in Small Corporate Organizations
- Integration of corporate wellness programs with various systems
Opportunities:
- Rising Demand for Employee Wellness Software from Emerging Economies, Growing Focus on Employee Retention and Increasing Adoption of Wellness Programs in Organizations As It Reduces the Health Risks of Employees
Challenges:
- Low Participation Rate of Employees in Corporate Wellness Program in Emerging Countries
Employee Wellness Software Major Geographical First Level Segmentation: North America, Europe, Asia-Pacific etc***
*** For the global report, countries by region that are available in the study
North America (the United States, Canada & Mexico)
Asia-Pacific (Japan, China, India, Australia, New Zealand, South Korea, Taiwan, Singapore, Thailand, Indonesia & Philippines, etc)
Europe (Germany, UK, France, Spain, Italy, Netherlands, Belgium, Austria, Poland, Switzerland, Bulgaria Rest of Europe, etc)
Central & South America (Brazil, Argentina, Colombia & Chile, etc)
Middle East & Africa (United Arab Emirates, Saudi Arabia, Nigeria, South Africa, etc)
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
Extracts from TOC:
1 Study Coverage
Industry Definition
.....
2. Executive Summary
Global Employee Wellness Software Market Size (2021-2029) by Revenue, Production*, Growth rate
3. Market Size by Manufacturers [% Market Share, Rank Change, etc]
4. Global Employee Wellness Software Production, Consumption by Regions (2021-2029)
5. Market Size by Type
Global Employee Wellness Software Revenue by Type
Global Employee Wellness Software Volume by Type
Global Employee Wellness Software Price by Type
6. Market Size by Application (2021-2029)
Global Employee Wellness Software Breakdown Data by Revenue, Volume
7. Manufacturers Profiles
8. Value Chain and Sales Channels Analysis
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Thanks for reading this article, you can also purchase individual chapter/section or regional report versions such as LATAM, North America, Europe or South Asia, South America, Eastern Europe, or Africa.
Contact Us:
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketreport.com
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About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.
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