The global reward management software market is expected to grow at a CAGR of 7.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for cloud-based solutions and the need for organizations to provide rewards and recognition programs that are aligned with their business objectives. The increasing adoption of reward management software in various industries such as education, government, and non-profits is also driving the growth of this market. The global reward management software market can be segmented on the basis of type into cloud based, on premise, and reward management softwares; by application into private and family foundations, community foundations and fundraising organizations, corporate foundations associations education institutions government institutions no profits charities; by region into North America Latin America Europe Asia Pacific Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- The increasing number of mergers and acquisitions in the Reward Management Software market is one of the major factors driving its growth.
- Increasing demand for reward management software from small and medium enterprises is also driving its growth.
- Increasing adoption of cloud-based solutions by organizations for their reward management needs is another factor that will drive this market's growth.
- Growing need for automation in HR processes, which includes reward management, will also fuel this market's growth.
Industry Growth Insights published a new data on “Reward Management Software Market”. The research report is titled “Reward Management Software Market research by Types (Cloud based, On Premise, Reward Management Softwar), By Applications (Private and Family Foundations, Community Foundations and Fundraising Organizations, Corporate Foundations, Associations, Education Institutions, Government Institutions, Non-Profits and Charities, Others), By Players/Companies Judgify, Reviewr, OmniCONTESTS, FluidReview, StreamLink Software, VYPER, WizeHive, Openwater, Fluxx, RhythmQ, Eventsforce, Evision, Eawards, Evalato, Award Force, Awards Absolute, AwardStage, Currinda, Reward Management Softwar”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Reward Management Software Market Research Report
By Type
Cloud based, On Premise, Reward Management Softwar
By Application
Private and Family Foundations, Community Foundations and Fundraising Organizations, Corporate Foundations, Associations, Education Institutions, Government Institutions, Non-Profits and Charities, Others
By Companies
Judgify, Reviewr, OmniCONTESTS, FluidReview, StreamLink Software, VYPER, WizeHive, Openwater, Fluxx, RhythmQ, Eventsforce, Evision, Eawards, Evalato, Award Force, Awards Absolute, AwardStage, Currinda, Reward Management Softwar
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Reward Management Software Market Report Segments:
The global Reward Management Software market is segmented on the basis of:
Types
Cloud based, On Premise, Reward Management Softwar
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
Private and Family Foundations, Community Foundations and Fundraising Organizations, Corporate Foundations, Associations, Education Institutions, Government Institutions, Non-Profits and Charities, Others
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:
- Judgify
- Reviewr
- OmniCONTESTS
- FluidReview
- StreamLink Software
- VYPER
- WizeHive
- Openwater
- Fluxx
- RhythmQ
- Eventsforce
- Evision
- Eawards
- Evalato
- Award Force
- Awards Absolute
- AwardStage
- Currinda
- Reward Management Softwar
Highlights of The Reward Management 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 Premise
- Reward Management Softwar
- By Application:
- Private and Family Foundations
- Community Foundations and Fundraising Organizations
- Corporate Foundations
- Associations
- Education Institutions
- Government Institutions
- Non-Profits and Charities
- Others
- 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 Reward Management 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?
Reward management software is a computer program that helps organizations manage rewards and incentives. It can track the progress of individual employees, groups of employees, or entire departments in relation to specific goals or objectives. The software can also create custom reward programs for customers or clients, and provide reports on how well the programs are working.
Some of the major players in the reward management software market are Judgify, Reviewr, OmniCONTESTS, FluidReview, StreamLink Software, VYPER, WizeHive, Openwater, Fluxx, RhythmQ, Eventsforce, Evision, Eawards, Evalato, Award Force, Awards Absolute, AwardStage, Currinda, Reward Management Softwar.
The reward management software market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Reward Management Software Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Reward Management Software Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Reward Management Software Market - Supply Chain
4.5. Global Reward Management Software Market Forecast
4.5.1. Reward Management Software Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Reward Management Software Market Size (000 Units) and Y-o-Y Growth
4.5.3. Reward Management Software Market Absolute $ Opportunity
5. Global Reward Management Software Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Reward Management Software Market Size and Volume Forecast by Type
5.3.1. Cloud based
5.3.2. On Premise
5.3.3. Reward Management Softwar
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Reward Management Software Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Reward Management Software Market Size and Volume Forecast by Application
6.3.1. Private and Family Foundations
6.3.2. Community Foundations and Fundraising Organizations
6.3.3. Corporate Foundations
6.3.4. Associations
6.3.5. Education Institutions
6.3.6. Government Institutions
6.3.7. Non-Profits and Charities
6.3.8. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Reward Management Software Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Reward Management Software Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Reward Management Software Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Reward Management Software Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Reward Management Software Demand Share Forecast, 2019-2026
9. North America Reward Management Software Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Reward Management Software Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Reward Management Software Market Size and Volume Forecast by Application
9.4.1. Private and Family Foundations
9.4.2. Community Foundations and Fundraising Organizations
9.4.3. Corporate Foundations
9.4.4. Associations
9.4.5. Education Institutions
9.4.6. Government Institutions
9.4.7. Non-Profits and Charities
9.4.8. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Reward Management Software Market Size and Volume Forecast by Type
9.7.1. Cloud based
9.7.2. On Premise
9.7.3. Reward Management Softwar
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Reward Management Software Demand Share Forecast, 2019-2026
10. Latin America Reward Management Software Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Reward Management Software Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Reward Management Software Market Size and Volume Forecast by Application
10.4.1. Private and Family Foundations
10.4.2. Community Foundations and Fundraising Organizations
10.4.3. Corporate Foundations
10.4.4. Associations
10.4.5. Education Institutions
10.4.6. Government Institutions
10.4.7. Non-Profits and Charities
10.4.8. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Reward Management Software Market Size and Volume Forecast by Type
10.7.1. Cloud based
10.7.2. On Premise
10.7.3. Reward Management Softwar
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Reward Management Software Demand Share Forecast, 2019-2026
11. Europe Reward Management Software Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Reward Management Software Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Reward Management Software Market Size and Volume Forecast by Application
11.4.1. Private and Family Foundations
11.4.2. Community Foundations and Fundraising Organizations
11.4.3. Corporate Foundations
11.4.4. Associations
11.4.5. Education Institutions
11.4.6. Government Institutions
11.4.7. Non-Profits and Charities
11.4.8. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y--Y Growth Projections by Application
11.7. Europe Reward Management Software Market Size and Volume Forecast by Type
11.7.1. Cloud based
11.7.2. On Premise
11.7.3. Reward Management Softwar
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Reward Management Software Demand Share, 2019-2026
12. Asia Pacific Reward Management Software Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Reward Management Software Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Reward Management Software Market Size and Volume Forecast by Application
12.4.1. Private and Family Foundations
12.4.2. Community Foundations and Fundraising Organizations
12.4.3. Corporate Foundations
12.4.4. Associations
12.4.5. Education Institutions
12.4.6. Government Institutions
12.4.7. Non-Profits and Charities
12.4.8. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Reward Management Software Market Size and Volume Forecast by Type
12.7.1. Cloud based
12.7.2. On Premise
12.7.3. Reward Management Softwar
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Reward Management Software Demand Share, 2019-2026
13. Middle East & Africa Reward Management Software Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Reward Management Software Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Reward Management Software Market Size and Volume Forecast by Application
13.4.1. Private and Family Foundations
13.4.2. Community Foundations and Fundraising Organizations
13.4.3. Corporate Foundations
13.4.4. Associations
13.4.5. Education Institutions
13.4.6. Government Institutions
13.4.7. Non-Profits and Charities
13.4.8. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Reward Management Software Market Size and Volume Forecast by Type
13.7.1. Cloud based
13.7.2. On Premise
13.7.3. Reward Management Softwar
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Reward Management Software Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Reward Management Software Market: Market Share Analysis
14.2. Reward Management Software Distributors and Customers
14.3. Reward Management Software Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Judgify
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Reviewr
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. OmniCONTESTS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. FluidReview
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. StreamLink Software
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. VYPER
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. WizeHive
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Openwater
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fluxx
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. RhythmQ
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Eventsforce
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Evision
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Eawards
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Evalato
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Award Force
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Awards Absolute
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. AwardStage
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Currinda
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Reward Management Softwar
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
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