Press release
Benefits Navigation Platform Market Report 2024 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Optum Inc., Aon, Gallagher, Alight Solutions LLC, LifeWorks Inc., Sharecare Inc., Quantum Health
Benefits Navigation Platform Global Market Report 2024
The benefits navigation platform market size is expected to see strong growth in the next few years. It will grow to $16.41 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to workforce well-being programs, digital transformation in hr, remote work considerations, global workforce management, personalized well-being journeys, financial wellness integration. Major trends in the forecast period include machine learning integration, real-time analytics, blockchain for data security, artificial intelligence in benefits communications.
Market Overview -
Benefits navigation platforms refer to digital platforms that assist members in exploring benefits and enable employers to track usage and engagement. The benefits navigation platforms provide personalized solutions to help members navigate their benefits, allow employers to understand utilization, and improve employee engagement.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=12689&type=smp
Cloud-Based Solutions Transforming Benefits Navigation Platforms Market Growth
The rising growth of cloud-based solutions is expected to propel the growth of the benefits navigation platform market going forward. A cloud-based solution refers to the programs, storage spaces, on-demand services, computer networks, and other services accessible through another provider's shared cloud computing framework using an internet connection. Benefit navigation platforms, such as employee benefits software, are a class of cloud-based human resource solutions that assist businesses in managing and executing their employee benefits strategies. For instance, in June 2023, according to the Australian Bureau of Statistics, an Australia-based government agency for statistics, 85% of firms in Australia are using information and communication technologies (ICTs) in 2022, which is an increase from 69% of enterprises in 2020 Out of which, 59% were using cloud-based solutions. Therefore, the rising growth of cloud-based solutions is driving the growth of the navigation platform market.
Competitive Landscape -
Major companies operating in the benefits navigation platform market report are Optum Inc., Aon, Gallagher, Alight Solutions LLC, LifeWorks Inc., Sharecare Inc., Quantum Health, Accolade Inc., HealthEquity, Discovery Benefits, Empyrean Benefit Solutions, HealthJoy LLC, Benefitfocus Inc., Limeade Inc., ConnectYourCare, PayFlex, Castlight Health Inc., Benefit Resource Inc., Evive Health LLC, Maestro Health, Fidelity Investments, ThrivePass, Rightway Healthcare Inc., HealthWell Solutions LLC, Navigation Benefits LLC, Health Advocate Inc.
Innovative Technologies Drive Advancements In Benefits Navigation Platforms
Technological advancements are a key trend gaining popularity in the benefits navigation platform market. Major companies operating in the benefits navigation platform market are adopting new technologies to sustain their position in the market. For instance, in June 2023, Benefitfocus, a US-based cloud-based benefits administration technology company, launched a new cares navigation service using industry-leading data science to identify physicians with better health outcomes. It is integrated into its benefits administration platform, uses a self-service doctor search engine, and has access to one of the most comprehensive and up-to-date databases on physician performance. The platform uses more than 500 indicators to objectively examine the medical records of over 310 million patients to determine which providers are more likely to have positive patient outcomes.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/benefits-navigation-platform-global-market-report
Key Segments -
The benefits navigation platform market covered in this report is segmented -
1) By Type: For Employers, For Employees
2) By Solution: Software, Services
3) By Application: Large Enterprises, Small And Medium-Sized Enterprises (SMEs)
4) By Industry Vertical: Retail, Healthcare, Financial Services, Manufacturing, IT And Telecom, Public Sector, Other Industry Verticals
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
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model "
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Benefits Navigation Platform Market Report 2024 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Optum Inc., Aon, Gallagher, Alight Solutions LLC, LifeWorks Inc., Sharecare Inc., Quantum Health here
News-ID: 3474609 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Benefit
TAX BENEFIT WITH AN INSURANCE
Payment of premium on life insurance policy and health insurance policy not only gives insurance cover to a taxpayer but also offers certain tax benefits. In this part, you can gain knowledge about deductions available to a taxpayer on payment of life insurance premiums, health insurance premiums, and expenditures on medical treatment.
Total income from all the heads of income is called as "Gross Total Income" (GTI). To arrive at…
Benefit Consulting Service Market May See a Big Move by 2027 Covid-19 Analysis | …
Details regarding development history, potential buyers and marketing channels of the company are covered in this Benefit Consulting Service market analysis report. It lists down some prominent factors that enhance the market growth such as latest trends, pricing structure and details about potential customers. Consumption figures are also covered here as per type and application. Key strategies discussed here can be followed by distributors as well as market players. By…
Pharmacy Benefit Management Market Launching new pharmacies and benefit programs …
Pharmacy benefit management system is operated by third party administrators who act as the link between the manufacturers, pharmacies, insurers, and the customers. Moreover, the system help provide employers with prescription drugs and medical services at reduced costs. The cost reduction is achieved by entering in contracts with pharmacies, through rebates with the drug manufacturers, paying prescription drug claims, and by working with self-insured companies and government programs. Over the…
Micro-Segmentation To Benefit Cloud-Based Systems, To Benefit Cloud Security Mar …
Cloud data services have simplified the lives of many businesses, organizations, and individuals. Unfortunately, with an increasing use of cloud data services, there has been a rise in cloud data frauds as well. However, the advent of cloud security service providers has kept cybercriminals away from committing data crime.
Looking at the success of cloud-based services, the future of this market is expected to be bright. But this will be…
Security Benefit Partners With fi360
New Relationship To Provide Powerful Tools For Independent 401(k) Advisors
Topeka, Kansas, April 23, 2012 - Security Benefit Corporation, a leading provider of retirement savings and income vehicles throughout the nation, today announced it has formed a partnership with fi360, the premier organization for fiduciary education, investment analytics, support services, and industry insights for financial professionals.
With the relationship, advisors and plan sponsors will have no-cost access to fi360’s highly regarded fi360…
ProcessPro Staff Promotions Benefit Clients
St. Cloud, Minn., July 22, 2011 -- ProcessPro, developers of ProcessPro® Premier ERP software, is excited to announce the promotion of two outstanding employees. As part of ProcessPro’s initiative to exceed client satisfaction expectations, these changes will be beneficial to current and future clients.
Rick A. Lenarz will be moving from Client Account Manager to Implementation Analyst. Rick’s career growth at ProcessPro and experiences prior to coming to ProcessPro…
