Market Overview:
The global cloud employee monitoring solutions market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based employee monitoring solutions due to their advantages such as low cost, scalability, and ease of deployment and use. In addition, the growing trend of Bring Your Own Device (BYOD) is also contributing to the growth of this market. BYOD allows employees to use their personal devices for work purposes, which leads to increased productivity and reduced costs for organizations. However, data privacy concerns are restraining the growth of this market.
Product Definition:
Cloud Employee Monitoring Solutions is a software as a service (SaaS) solution that enables organizations to monitor and manage employee activity across cloud-based and on-premises applications. It provides IT administrators with the ability to see what employees are doing, how they are performing, and where they are spending their time. This information can help organizations identify productivity issues, improve process efficiency, and protect data security.
Attendance Tracking:
Attendance tracking is the process of recording the time an employee spends at a particular place. It can be used in case of absence as well as presence and can be applied to both mobile and desktop devices. The application has gained popularity owing to its cost-effectiveness, ease of use, real-time insights, compliance with government regulations & policies and advanced analytics provided by various providers in the market.
Project Supervision:
Project supervision is a tool that enables project managers to set the context for the work of individual teams. It helps in setting expectations, measuring progress, and making decisions on how to move forward based on completed tasks and overall performance. The tool also provides visibility into various aspects such as risks, issues, quality trends of every team member's work along with their biographical information such as education & experience.
Application Insights:
The banking, financial services and insurance application segment accounted for the largest market share in 2017. The need to monitor employee behavior and performance in order to maintain high levels of operational efficiency is driving the adoption of cloud-based EEM solutions. These solutions help organizations gain real-time insights into employee behavior, activities, and performance by leveraging data collected from various sources such as smartphones, laptops, social media networks etc. Furthermore, with the help of machine learning algorithms these systems are able to identify patterns from large volumes of data thereby enabling organizations to take preventive measures before any unplanned event occurs.
The manufacturing sector is expected to emerge as a prominent adopter owing primarily to factors such as increasing demand for automation technologies coupled with an increase in digitalization efforts at a global level.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to various factors such as increasing government regulations and initiatives related to employee monitoring, technological advancements, and high adoption rate of cloud-based solutions among enterprises in this region.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising demand for cost-effective employee monitoring solutions from small & medium enterprises (SMEs) and large enterprises with high workforce mobility across countries. Additionally, growing awareness about security issues among employees will drive demand for these systems in APAC during the forecast period. MEA is also projected to exhibit a considerable CAGR due t o increasing number of outages that have been reported recently across several countries within this region which has led authorities into taking preventive measures such as tracking devices being installed at critical infrastructure locations or mobile phones being geo-fenced so that they cannot leave work premises without permission etc.
Growth Factors:
- Increased demand for cloud-based employee monitoring solutions due to the growing trend of Bring Your Own Device (BYOD) and increasing number of remote workers.
- Rapid proliferation of mobile devices and the BYOD trend has resulted in increased security concerns among organizations, which is driving demand for employee monitoring solutions that can help protect corporate data.
- The need to improve workforce productivity and reduce costs are also key drivers for the adoption of cloud-based employee monitoring solutions.
- Growing awareness about the benefits of using employee monitoring solutions is also contributing to market growth.
- Increasing number of small businesses that are looking to adopt cloud-based Employee Monitoring Solutions in order to compete with larger enterprises
Scope Of The Report
Report Attributes
Report Details
Report Title
Cloud Employee Monitoring Solutions Market Research Report
By Type
Attendance Tracking, Project Supervision, Employees Tracking
By Application
Banking, Financial Services and Insurance, Education, Government, Manufacturing, Other
By Companies
Awareness Technologies, Hubstaff, Saba Software, Birch Grove Software, Fair Trak, Time Doctor, iMonitor Software, Mobistealth, Nandini Infosys, OsMonitor, TOGGL, Veriato, Work Examiner, WorkTime, SentryPC, StaffCop, NetVizor, Teramind
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Cloud Employee Monitoring Solutions Market Report Segments:
The global Cloud Employee Monitoring Solutions market is segmented on the basis of:
Types
Attendance Tracking, Project Supervision, Employees Tracking
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Banking, Financial Services and Insurance, Education, Government, Manufacturing, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Awareness Technologies
- Hubstaff
- Saba Software
- Birch Grove Software
- Fair Trak
- Time Doctor
- iMonitor Software
- Mobistealth
- Nandini Infosys
- OsMonitor
- TOGGL
- Veriato
- Work Examiner
- WorkTime
- SentryPC
- StaffCop
- NetVizor
- Teramind
Highlights of The Cloud Employee Monitoring Solutions Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Attendance Tracking
- Project Supervision
- Employees Tracking
- By Application:
- Banking, Financial Services and Insurance
- Education
- Government
- Manufacturing
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cloud Employee Monitoring Solutions Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cloud Employee Monitoring Solutions are a suite of software tools that help organizations monitor employee activity and performance in real-time. Cloud EM solutions provide visibility into employee activities, including workflows, tasks, and interactions with other employees or systems. This information can be used to identify issues and improve productivity.
Some of the major players in the cloud employee monitoring solutions market are Awareness Technologies, Hubstaff, Saba Software, Birch Grove Software, Fair Trak, Time Doctor, iMonitor Software, Mobistealth, Nandini Infosys, OsMonitor, TOGGL, Veriato, Work Examiner, WorkTime, SentryPC, StaffCop, NetVizor, Teramind.
The cloud employee monitoring solutions market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cloud Employee Monitoring Solutions Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cloud Employee Monitoring Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cloud Employee Monitoring Solutions Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cloud Employee Monitoring Solutions Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cloud Employee Monitoring Solutions Market Size & Forecast, 2018-2028
4.5.1 Cloud Employee Monitoring Solutions Market Size and Y-o-Y Growth
4.5.2 Cloud Employee Monitoring Solutions Market Absolute $ Opportunity
Chapter 5 Global Cloud Employee Monitoring Solutions Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cloud Employee Monitoring Solutions Market Size Forecast by Type
5.2.1 Attendance Tracking
5.2.2 Project Supervision
5.2.3 Employees Tracking
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cloud Employee Monitoring Solutions Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cloud Employee Monitoring Solutions Market Size Forecast by Applications
6.2.1 Banking
6.2.2 Financial Services and Insurance
6.2.3 Education
6.2.4 Government
6.2.5 Manufacturing
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cloud Employee Monitoring Solutions Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cloud Employee Monitoring Solutions Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cloud Employee Monitoring Solutions Analysis and Forecast
9.1 Introduction
9.2 North America Cloud Employee Monitoring Solutions Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cloud Employee Monitoring Solutions Market Size Forecast by Type
9.6.1 Attendance Tracking
9.6.2 Project Supervision
9.6.3 Employees Tracking
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cloud Employee Monitoring Solutions Market Size Forecast by Applications
9.10.1 Banking
9.10.2 Financial Services and Insurance
9.10.3 Education
9.10.4 Government
9.10.5 Manufacturing
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cloud Employee Monitoring Solutions Analysis and Forecast
10.1 Introduction
10.2 Europe Cloud Employee Monitoring Solutions Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cloud Employee Monitoring Solutions Market Size Forecast by Type
10.6.1 Attendance Tracking
10.6.2 Project Supervision
10.6.3 Employees Tracking
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cloud Employee Monitoring Solutions Market Size Forecast by Applications
10.10.1 Banking
10.10.2 Financial Services and Insurance
10.10.3 Education
10.10.4 Government
10.10.5 Manufacturing
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cloud Employee Monitoring Solutions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cloud Employee Monitoring Solutions Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cloud Employee Monitoring Solutions Market Size Forecast by Type
11.6.1 Attendance Tracking
11.6.2 Project Supervision
11.6.3 Employees Tracking
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cloud Employee Monitoring Solutions Market Size Forecast by Applications
11.10.1 Banking
11.10.2 Financial Services and Insurance
11.10.3 Education
11.10.4 Government
11.10.5 Manufacturing
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cloud Employee Monitoring Solutions Analysis and Forecast
12.1 Introduction
12.2 Latin America Cloud Employee Monitoring Solutions Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cloud Employee Monitoring Solutions Market Size Forecast by Type
12.6.1 Attendance Tracking
12.6.2 Project Supervision
12.6.3 Employees Tracking
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cloud Employee Monitoring Solutions Market Size Forecast by Applications
12.10.1 Banking
12.10.2 Financial Services and Insurance
12.10.3 Education
12.10.4 Government
12.10.5 Manufacturing
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cloud Employee Monitoring Solutions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cloud Employee Monitoring Solutions Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cloud Employee Monitoring Solutions Market Size Forecast by Type
13.6.1 Attendance Tracking
13.6.2 Project Supervision
13.6.3 Employees Tracking
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cloud Employee Monitoring Solutions Market Size Forecast by Applications
13.10.1 Banking
13.10.2 Financial Services and Insurance
13.10.3 Education
13.10.4 Government
13.10.5 Manufacturing
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cloud Employee Monitoring Solutions Market: Competitive Dashboard
14.2 Global Cloud Employee Monitoring Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Awareness Technologies
14.3.2 Hubstaff
14.3.3 Saba Software
14.3.4 Birch Grove Software
14.3.5 Fair Trak
14.3.6 Time Doctor
14.3.7 iMonitor Software
14.3.8 Mobistealth
14.3.9 Nandini Infosys
14.3.10 OsMonitor
14.3.11 TOGGL
14.3.12 Veriato
14.3.13 Work Examiner
14.3.14 WorkTime
14.3.15 SentryPC
14.3.16 StaffCop
14.3.17 NetVizor
14.3.18 Teramind
