May 26, 2020 12:23 PM ET
iCrowd Newswire – May 26, 2020
The Global Employee Engagement Solutions Market is estimated to grow at significant growth rate during the forecast period 2020-2025.
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Employee Engagement Solutions are also known as workforce engagement software and these solutions are digital collaboration tool between employee and organization in a form of software and solutions. Employee Engagement Solutions are used by organizations to help employees to understand more about culture of their organization for to increase employee productivity. In majority of cases, these solutions are managed by the human resource (HR) departments. Also, recognition and efficient scheduling tools, performance management tools, project management tools are used in employee engagement. Apart from managing employee’s data, employee engagement solutions are new trend for organizations to introduce and evolve new engagement initiatives from hosting team lunches to virtual coffee sessions.
Remote working has been growing in recent years specially in the United States, countries of European region, China and Japan among others. As remote working support employees to focus on work with minimal distractions. Continuing the trend, COVID-19 demanded the usage of employee engagement solutions worldwide. As in the current scenario, millions of people globally are working remotely due to lockdown in various countries to prevent COVID-19 and maintain social distancing.
Remote working faces its own challenges, as per the research study conducted by industry experts, ~18% research respondents claimed that they feel isolated during remote working. While, ~20% remote working population feel that collaboration and connectivity with colleagues is a major challenge in remote working. Hence, companies and authorities are continuously working on leveraging various techniques for smooth employee engagement.
Segmentation Overview of the Global Employee Engagement Solutions Market
The Global Employee Engagement Solutions Market is segmented on the basis of types and application. These major market segments are further categorized into various sub-segments to study the market in detail.
The Types Segment of the Global Employee Engagement Solutions Market is Sub-Segmented into:
The Application Segment of the Global Employee Engagement Solutions Market is Sub-Segmented into:
- Large Enterprise
- Medium Enterprise
- Small Enterprise
Geographical Overview of the Global Employee Engagement Solutions Market
The global employee engagement solutions market is segmented on the basis of various geographical regions, such as:
- North America (U.S., and Canada)
- Europe (Germany, France, UK, Italy, Spain, and Rest of Europe)
- Asia Pacific (Japan, China, India, South Korea and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Middle East & Africa (UAE, Saudi Arabia, Rest of MEA)
As per the market study, the Asia Pacific Employee Engagement Solutions Market analysed to hold significant potential for the employee engagement solutions. The regional growth is attributed to increasing pay scale of employees and increasing focus on recognition schemes and rewards system.
Key Players Insights
The company profile chapter of the research study compiled by Report Ocean include analysis of various companies that are present in the global employee engagement solutions market. Company profile chapter include some sections such as company overview, business performance, financial performance, product portfolio, SWOT analysis and competitive landscape to study the market in detail. Also, some of the key companies are Transcend, Motivosity, Vocoli, Zinda, Workplace, Quantum, Technology Advice, Synergita, Qualtrics, Bitrix, Teamphoria, KaiNexus, Officevibe and Tap My Back.
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Keywords: Employee Engagement Solutions Market