Market Overview:
The global employee engagement and feedback software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based employee engagement and feedback software due to its advantages such as low cost, easy deployment, and scalability. In addition, the growing demand for employee engagement and feedback software from small and medium enterprises (SMEs) is also contributing to the growth of this market. However, lack of awareness about the benefits of using employee engagement and feedback software is restraining the growth of this market.
Product Definition:
Employee engagement and feedback software is used to track employee engagement and gather feedback from employees. The software can be used to create surveys or polls, collect data, and track employee satisfaction over time. Employee engagement and feedback software can help organizations identify areas where they need to make changes in order to keep their employees happy and engaged.
Cloud-based:
Cloud-based software is a type of software service that provides functionality to its users through the internet. It can be described as an umbrella term for all types of Software as a Service (SaaS), including Platform as a Service (PaaS), Infrastructure as a Service (IaaS) and Software Development Life Cycle as a Service (SDLBS).
On-premises:
On-premises software is a type of cloud computing software that provides end-users with an option to install the system on their own servers and control it from any location. The main objective of this type of software is to provide enhanced security, which allows companies to manage their data center inhouse thereby reducing external dependency.
The major advantage associated with on-premises employee engagement.
Application Insights:
The large enterprises segment dominated the global employee engagement and feedback software market in 2017. This is attributed to factors such as high cost of technology implementation, complexity of business processes, and difficulty associated with managing multiple platforms. Furthermore, the need for robust data security measures and compliance issues are further driving the adoption of enterprise solutions among large organizations.
Smaller businesses usually have a limited budget which they can deploy towards developing new products or services or improving existing ones. Thus, these smaller organizations opt for cheaper employee engagement software solutions that do not require much customization as compared to their counterparts that are used by larger enterprises. However, this trend is expected to change over time as SMEs increasingly adopt cloud-based EEFKs due to their low costs coupled with ease of use and deployment along with improved customer experience across all channels including mobile devices and web applications.
Regional Analysis:
North America dominated the global employee engagement and feedback software market in 2017. North America has a large number of small and medium enterprises (SMEs). These SMEs lack resources, which results in low employee engagement. Large enterprises also have a high percentage of disengaged employees owing to organizational politics, which hampers productivity at work place. The U.S.
Asia Pacific is expected to grow at a rapid pace during the forecast period due to increasing adoption of technology among organizations for improving their business operations.
Growth Factors:
- Increased focus on employee engagement and feedback by organizations as a key performance indicator
- Proliferation of social media and mobile technologies that facilitate two-way communication and collaboration among employees
- Growing demand for cloud-based solutions that offer anytime, anywhere access to employee engagement and feedback tools
- Emergence of big data analytics that help organizations identify patterns in employee engagement and feedback data to improve their programs
- Increased awareness of the benefits of using employee engagement and feedback software among small businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Employee Engagement and Feedback Software Market Research Report
By Type
Cloud-based, On-premises
By Application
Small and Medium Enterprises (SMEs), Large Enterprises
By Companies
15Five, Culture Amp, TinyPulse, Weekdone, Impraise, Achievers, Reflektive, Peakon, Glint, Saba Software, ReviewSnap, Lattice
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Employee Engagement and Feedback Software Market Report Segments:
The global Employee Engagement and Feedback Software market is segmented on the basis of:
Types
Cloud-based, On-premises
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
Small and Medium Enterprises (SMEs), Large Enterprises
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:
- 15Five
- Culture Amp
- TinyPulse
- Weekdone
- Impraise
- Achievers
- Reflektive
- Peakon
- Glint
- Saba Software
- ReviewSnap
- Lattice
Highlights of The Employee Engagement and Feedback Software 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:
- Cloud-based
- On-premises
- By Application:
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- 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 Employee Engagement and Feedback Software 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.
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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?
Employee engagement and feedback software is a computer program that helps employees communicate with each other and their supervisors. The software can be used to track employee performance, provide feedback, and create a positive work environment.
Some of the major companies in the employee engagement and feedback software market are 15Five, Culture Amp, TinyPulse, Weekdone, Impraise, Achievers, Reflektive, Peakon, Glint, Saba Software, ReviewSnap, Lattice.
The employee engagement and feedback software market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Employee Engagement and Feedback Software 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 Employee Engagement and Feedback Software Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Employee Engagement and Feedback Software 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 Employee Engagement and Feedback Software 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 Employee Engagement and Feedback Software Market Size & Forecast, 2018-2028 4.5.1 Employee Engagement and Feedback Software Market Size and Y-o-Y Growth 4.5.2 Employee Engagement and Feedback Software Market Absolute $ Opportunity
Chapter 5 Global Employee Engagement and Feedback Software 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 Employee Engagement and Feedback Software Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Employee Engagement and Feedback Software 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 Employee Engagement and Feedback Software Market Size Forecast by Applications
6.2.1 Small and Medium Enterprises (SMEs)
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Employee Engagement and Feedback Software 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 Employee Engagement and Feedback Software 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 Employee Engagement and Feedback Software Analysis and Forecast
9.1 Introduction
9.2 North America Employee Engagement and Feedback Software 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 Employee Engagement and Feedback Software Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 On-premises
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 Employee Engagement and Feedback Software Market Size Forecast by Applications
9.10.1 Small and Medium Enterprises (SMEs)
9.10.2 Large Enterprises
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 Employee Engagement and Feedback Software Analysis and Forecast
10.1 Introduction
10.2 Europe Employee Engagement and Feedback Software 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 Employee Engagement and Feedback Software Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 On-premises
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 Employee Engagement and Feedback Software Market Size Forecast by Applications
10.10.1 Small and Medium Enterprises (SMEs)
10.10.2 Large Enterprises
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 Employee Engagement and Feedback Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Employee Engagement and Feedback Software 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 Employee Engagement and Feedback Software Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 On-premises
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 Employee Engagement and Feedback Software Market Size Forecast by Applications
11.10.1 Small and Medium Enterprises (SMEs)
11.10.2 Large Enterprises
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 Employee Engagement and Feedback Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Employee Engagement and Feedback Software 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 Employee Engagement and Feedback Software Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 On-premises
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 Employee Engagement and Feedback Software Market Size Forecast by Applications
12.10.1 Small and Medium Enterprises (SMEs)
12.10.2 Large Enterprises
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) Employee Engagement and Feedback Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Employee Engagement and Feedback Software 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) Employee Engagement and Feedback Software Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 On-premises
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) Employee Engagement and Feedback Software Market Size Forecast by Applications
13.10.1 Small and Medium Enterprises (SMEs)
13.10.2 Large Enterprises
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 Employee Engagement and Feedback Software Market: Competitive Dashboard
14.2 Global Employee Engagement and Feedback Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 15Five
14.3.2 Culture Amp
14.3.3 TinyPulse
14.3.4 Weekdone
14.3.5 Impraise
14.3.6 Achievers
14.3.7 Reflektive
14.3.8 Peakon
14.3.9 Glint
14.3.10 Saba Software
14.3.11 ReviewSnap
14.3.12 Lattice