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Employee Engagement and Feedback Software Market to Witness Astonishing Growth| Humu, Inc., EightSpokes, Inc., 15Five, Culture Amp Pty Ltd, TINYpulse

Global Employee Engagement and Feedback Software Market

Global Employee Engagement and Feedback Software Market is expected to rise from its initial estimated value by registering a healthy CAGR of 13.36% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017.Rising usage cloud-based employee engagement software is the major factor for the growth of this market.

Global Employee Engagement and Feedback Software Market By Deployment (On Cloud, On Premise), Organization Size (Small and Medium Sized Enterprises (SME), Large Enterprise), Delivery Mode (Standalone, Integrated), Offering (Turnkey, Customized), Device (Desktop, Handheld), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Forecast to 2026

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Some of the major competitors currently working in global employee engagement & feedback software market are Humu, Inc., EightSpokes, Inc., 15Five, Culture Amp Pty Ltd, TINYpulse, Weekdone, Impraise, Achievers Solutions Inc., Reflektive, Bam Creative, Saba Software., Hppy, Teambit, SurveySparrow Inc., Bitrix, Inc., People Gauge, Quantum Workplace., Gensuite, Officevibe, Transcend Information, Inc., tapmyback, VibeCatch Oy, Qualtrics, KaiNexus and WORLDAPP inc among others.

Market Definition:

Employee engagement & feedback software helps the organizations to measure the feedback from the employees, recognize the performer employees and rewards them or promote them positively.  It helps the organizations to measure and promote the right employee, understand their sentiment, and promote the wellness or health of the employees. This software is getting installed in the organization as well as monitored by the HR department to measure and take feedback of employee which helps to build strong bond between employee and organization.

Market Drivers:

  • Rising demand for improved employee and management communication solution drives the growth of the market
  • Growing need of cloud-based employee engagement software is propelling the market growth
  • Increased demand from the retailers and financial institutes is augmenting the market in the forecast period
  • The online platform solution for employee engagement & feedback acts as supplement for the growth of the market

Market Restraints:

  • Lack of awareness about employee engagement & feedback software may hamper the market growth
  • The threat of increasing turnover of the employee will downsize the  growth of the market in the forecast period

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Segmentation:

By Delivery Mode

  • Standalone
  • Integrated

By Offering

  • Turnkey
  • Customized

By Device

  • Desktop
  • Handheld

By Deployment

  • On-Premise
  • On Cloud

Organization Size

  • Small and Medium Enterprises (SME)
  • Large Enterprise

By Geography

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East and Africa

Key Developments in the Market:

  • In October 2018, Humu, a software company released the AI-based “nudge engine.” The employee engagement software 3.0 is based on the AI technology which turns the ONA data into organisational required format to improve their work. It is designed to observe the behavioural change to conclude the problem of employee
  • In February 2017, EightSpokes, a software company introduced the Peer-to-Peer Feedback solution for the project collaboration. The latest release of enlighten software is designed to provide the real-time feedback to the organisation and its employees. The programme helps the organisation to achieve their intended outcome with relevant feedback to employees for course-correct. The new programme will assist the company to increase the customer base by providing easiest solution for employee engagement and feedback

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved

Table of Content:

Part 01: Executive Summary

Part 02: Scope of The Report

Part 03: Global Employee Engagement and Feedback Software Market Landscape

Part 04: Global Employee Engagement and Feedback Software Market Sizing

Part 05: Global Employee Engagement and Feedback Software Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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