Global Voice of the Employee (VoE) Software Market by Type (On-premise, Cloud Based), By Application (SMEs, Large Enterprises) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global voice of the employee (VoE) 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 VoE software from SMEs and large enterprises across different regions. Additionally, the growing trend of digitization is also contributing to the growth of this market. On-premise VoE software held a major share of the global VoE software market in 2017 and is expected to continue its dominance during the forecast period.



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Product Definition:

Voice of the Employee (VoE) software is used to capture employee feedback and opinions on various aspects of their work experience. This feedback can be used to improve employee satisfaction, communication, and productivity. The importance of VoE software lies in its ability to give employers a better understanding of what their employees want and need in order to create a more positive work environment.

On-premise:

On-premise software is a type of Voice of the Employee (VoE) Software that is installed and used on the end user's system, which may be a computer or mobile device. On-premise solutions are integrated into an organization's existing infrastructure; they are not hosted by cloud service providers. The end users access such solutions through their computers or mobile devices connected to the organization's network.

Cloud Based:

Cloud-based solutions are used to store the recorded data and provide it to the concerned authorities in case of any fraud or theft. The solution is hosted by a third party and can be accessed from anywhere in the world. It helps organizations achieve cost efficiency, increase productivity, improve collaboration among teams, automate time-intensive tasks, reduce manual effort for improving processes & workflows and deliver accurate results with minimal human intervention.

Application Insights:

The Small and Medium-sized Enterprises (SMEs) application segment accounted for the largest revenue share of over 60% in 2017. The adoption of VoE software by SMEs to manage their human resources is gaining traction owing to its many advantages such as real-time communication, video & audio conferencing, easy access to past conversations, collaboration tools among others. A large number of small businesses lack a proper communication infrastructure that can hamper their growth prospects. The adoption of VoIP technology has helped SMEs in mitigating this challenge and enabling them to communicate efficiently with employees across the globe.

The Large Enterprise application segment is expected witness significant growth over the forecast period owing to its ability deliver high performance telephony features while retaining existing applications and customizing settings as per specific requirements.

Regional Analysis:

North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This growth can be attributed to several factors such as increasing adoption of technology by SMEs, which leads them to opt for voice-enabled solutions over traditional ones, and large enterprises opting for cloud-based VoE software owing to their benefits such as easy deployment and maintenance costs. Moreover, high demand for improved customer service has led North American companies into adopting these solutions thereby boosting regional growth.

Asia Pacific is anticipated to witness significant growth over the next eight years owing with increased adoption of cloud based VoE software by enterprises located in countries like China and India due to their benefits such as cost reduction, enhanced productivity among others; however this may also lead small & medium enterprises (SMEs) located in these countries into adopting these solutions thereby driving regional market growth.

Growth Factors:

Increasing demand for employee engagement and communication solutions
Rising awareness of the benefits of VoE software among businesses
Growing number of vendors in the market providing a variety of VoE software solutions
Proliferation of mobile devices and apps that support VoE software features
Emergence of big data and analytics capabilities to help organizations better understand employee feedback


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Scope Of The Report
Report Attributes
Report Details
Report Title
Voice of the Employee (VoE) Software Market Research Report
By Type
On-premise, Cloud Based
By Application
SMEs, Large Enterprises
By Companies
MaritzCX, Confirmit, MeaningCloud, QuestionPro, InMoment, SATISFYD, Upland Software, Avius, Smart Service Desk, nCore HR, Synopticom
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
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.

Global Voice of the Employee (VoE) Software Market Report Segments:
The global Voice of the Employee (VoE) Software market is segmented on the basis of:
Types
On-premise, Cloud Based
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
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:
MaritzCX
Confirmit
MeaningCloud
QuestionPro
InMoment
SATISFYD
Upland Software
Avius
Smart Service Desk
nCore HR
Synopticom



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Highlights of The Voice of the Employee (VoE) 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:
On-premise
Cloud Based
By Application:
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 Voice of the Employee (VoE) 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.
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

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