Market Study on Global Social Employee Recognition Market

Social Employee Recognition Systems Market

VALLEY COTTAGE, N.Y. – The global social employee recognition market is anticipated to grow from US$ 5,150.2 Mn in 2016 to US$ 19,586.2 Mn by 2026, expanding at a CAGR of 14.3% in terms of revenue during the forecast period (2016-2026). In this report, the global social employee recognition market is tracked in terms of value, and is calibrated to obtain the market revenue estimates. Increasing adoption by retail sector in retail chains, and stores for employee engagement is helping this social employee recognition market to grow.

However, Lack of proper security is one of the major challenges that companies face, and is a primary factor expected to continue to restrain adoption of social employee recognition solutions. Online collaboration of business application with social networking websites creates an opportunity for hackers to illegally access information.

To understand and assess the demand and opportunities in this market, the report is categorically split into four major sections, namely market analysis – by deployment type, by enterprise type by industry and by region.

The section – market analysis, by deployment type, comprehensively analyzes the market on the basis of deployment type and presents an in-depth analysis of the market in terms of value for 2016-2026. In 2016, on-premise deployment segment dominated the global social employee recognition market, followed by cloud deployment segment. Moreover, on-premise segment is anticipated to expand at the fastest CAGR of 15.1% over the forecast period in the social employee recognition market in terms of revenue, followed by cloud deployment segment.

Preview Analysis on Global Social Employee Recognition Systems Market Segmentation By Enterprise Type – Small and Medium Enterprise, Large Enterprise; By Deployment Type – On-Premise, Cloud; By Industry Type – Healthcare, Manufacturing, IT & Telecom, Travel & Hospitality, Retail & Consumer Goods, Media And Entertainment and Othershttp://www.futuremarketinsights.com/reports/social-employee-recognition-systems-market

The section – market analysis by enterprise type, analyzes the global social employee recognition market on the basis of enterprise type and the data is provided in terms of value for 2016-2026. The large enterprise segment is expected to expand at the significant CAGR of 15.0% in terms of value during the forecast period. In terms of market share, large enterprise also accounted major percentage of the revenue share of the overall market in 2015 is expected to dominate the social employee recognition market throughout the forecast years, followed by small & medium enterprise.

The section – market analysis by industry, analyzes the global social employee recognition market on the basis of industry and the data is provided in terms of value for 2016-2026. The retail & consumer goods is expected to expand at the significant CAGR of 17.4% in terms of value during the forecast period. In terms of market share, IT & Telecom also accounted major percentage of the revenue share of the overall market in 2015 is expected to dominate the social employee recognition market throughout the forecast years, followed by healthcare.

The section – market analysis by region, includes an in-depth country level analysis of all global regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia Pacific (excluding Japan), Japan and Middle East & Africa by deployment type, by enterprise type, industry and countries; and provides market data in terms of value for 2016-2026. In 2015, market in North America region dominated the overall global social employee recognition market, followed by the market in Western Europe region.

Key players reported in this study on the global social employee recognition market includes  Globoforce, Salesforce, Reffind, Achievers, Kudos, Madison, VMWare, Recognise Services, Jive, and BI Worldwide who have significantly increased their footprint in the global social employee recognition market over the years.

Request for Sample Report with Table of Contentshttp://www.futuremarketinsights.com/reports/sample/rep-gb-2302

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Contact Us

616 Corporate Way, Suite 2-9018,

Valley Cottage, NY 10989, United States

T: +1-347-918-3531

T (UK): + 44 (0) 20 7692 8790

Sales: sales@futuremarketinsights.com

About the Author

Abhishek Budholiya

Abhishek Budholiya is a tech blogger, digital marketing pro, and has contributed to numerous tech magazines. Currently, as a technology and digital branding consultant, he offers his analysis on the tech market research landscape. His forte is analysing the commercial viability of a new breakthrough, a trait you can see in his writing. When he is not ruminating about the tech world, he can be found playing table tennis or hanging out with his friends.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these