Press release
Online Survey Software Market Report: Major Key Players, Application, Growth And Analysis, Forecast To 2033
Online Survey Software Market Report
The online survey software market size is expected to see rapid growth in the next few years. It will grow to $6.33 billion in 2028 at a compound annual growth rate (CAGR) of 15.5%. The growth in the forecast period can be attributed to increased data analytics focus, diversification of survey types, user-friendly interfaces, enhanced security measures. Major trends in the forecast period include rapid technological evolution, technological advancements, integration with other tools, mobile responsiveness and accessibility, advanced analytics and reporting.
Market Overview -
Online survey tools refer to the software programs that enable the creation, administration, and interpretation of various survey types on the users' own websites, emails, or hosted web pages that are specifically designed to collect feedback or data that provides actionable information through online feedback channels.
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Expanding Internet Access Fuels Growth In The Online Survey Software Market
The increasing penetration of the internet and its availability is driving the online survey software market. Increased internet penetration can lead to significant growth in important economic sectors such as education, healthcare, energy, and governance. Additionally, the number of surveys conducted via the internet has increased dramatically in the last ten years, owing to an increase in internet penetration and the relatively low cost of conducting web surveys in comparison to other methods. For instance, in 2021, according to the ITU, approximately 4.9 billion people or 63% of the world's population are using the Internet 2021. This represents a 17% increase since 2019, with 782 million people estimated to have gone online during that time. However, 2.9 billion people remain unconnected. Therefore, an increase in penetration of the internet and its availability is expected to boost the utilization of online survey software during the forecast period.
Competitive Landscape -
Major companies operating in the online survey software market report are Google LLC, Qualtrics, Zoho Corporation Pvt Ltd., SVMK Inc. (SurveyMonkey), Confirmit AS, Automattic (CrowdSignal), QuestionPro, Typeform S.L., Formstack LLC, SurveySparrow Inc., Alchemer (SurveyGizmo), Rybbon Inc., Qualaroo Inc., Questionnaire, Voxco Insights Platform, Snap Surveys Ltd., SoGoSurvey Inc., Formsite LLC, QuickTapSurvey, AskNicely, Checkbox Survey Inc., SurveyMethods, SurveyNuts, Novi Systems Inc. (Novi Survey), Feedbackify Ltd., Enalyzer, Dobility Inc. (SurveyCTO), Pollfish, Survey Anyplace, SurveyLegend AB, Qwary, Responster, Obsurvey Ltd., WorldAPP
Technology Advancements Transform The Landscape Of The Online Survey Software Market
Technology advancement is gaining popularity in the online survey software market. Major players in the market are focusing on bringing innovative products to obtain an edge in the market against their competitors and strengthen their market presence. For instance, in January 2022, Snap Surveys Ltd., a US-based company, launched the Employee Engagement Survey and the Employee Engagement and Enablement Survey. These are ready-to-run surveys designed to gather views on various topics relevant to employees, such as job satisfaction, manager effectiveness, and organizational values. The surveys can be customized for each organization and provide insights into employee motivation, value, and organizational perception.
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Key Segments -
The online survey software market covered in this report is segmented -
1) By Product: Individual Grade, Enterprise Grade
2) By Deployment: Cloud, On-Premise
3) By Organization Size: Small Scale Enterprises, Medium Sized Enterprises, Large Enterprises
4) By Pricing Model: One Time License, Annual Subscription , Monthly Subscription
5) By Application: Education , Public Sector, Automotive, Airline and Travel, BFSI, Retail, Medical, Media
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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