Employee Wellness Software Market Scope
Employee wellness software is the new buzzword in the Human Resources arena. With huge budgets required to implement new technologies and services, business organizations are looking for cost-effective solutions for all their HR requirements. The health and safety of the employees are as important as providing quality resources for the organization. One of the ways to get in touch with the right customer is to conduct a health and safety survey and then develop the solution accordingly, or launch an initiative with a third-party survey firm that would help in the development of the solution.
The Employee Wellness Software market study is segmented and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Employee Wellness Software market throughout the predicted period.
Compsych (United States), Wellness Corporate Solutions (United States), Optum, Inc. (United States), Virgin Pulse (United States), Quest Diagnostics (United States), EXOS (United States), Privia Health (United States), Central Corporate Wellness (Singapore), Sodexo (France), Vitality Group (Spain), Truworth Wellness (India) and Fitlinxx (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Wellness Layers, Corporate Health Partners, MediKeeper and Infinite Wellness Solutions.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Employee Wellness Software market by Type, Application and Region.
On the basis of geography, the market of Employee Wellness Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
27th November 2018, Virgin Pulse, an employee well-being solution provider acquires Simply Well Inc. (Viverae), a workplace wellness company in the United States. This acquisition will provide clients if Simply Well to expand their wellbeing programs with Virgin Pulse’s full-featured digital behavior change platform.
2018, Vitality Group, collaborated with seven health companies including Vida Health, Happify Health, Headspace, U.S. Preventive Medicine, Wellness Corporate Solutions, eHealth Screenings, and Zipongo.
- Emphasizing On Integration of Wearable Technology, Gamification Programs, and Mobile Applications in Employee Wellness Software
- Emergence of Onsite Employee Wellness Programs
- Increasing Number of Employees in the Private Sector
- Rising Awareness Regarding Employee Health & Well-Being
- Increasing Demand for Employee Wellness Software from Medium-Scale Organizations
- Rising Demand for Employee Wellness Software from Emerging Economies
- Growing Focus on Employee Retention
- Increasing Adoption of Wellness Programs in Organizations As It Reduces the Health Risks of Employees
- Low Adoption of Wellness Solution Program in Small Corporate Organizations
- Integration of corporate wellness programs with various systems
- Low Participation Rate of Employees in Corporate Wellness Program in Emerging Countries
Key Target AudienceEmployee Wellness Software Providers, Large Size Organizations, Medium Size Organizations, and Small Size Organizations, Market Research and Consulting Firms, Academic Institutions, Venture Capitalists and Investors and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Employee Wellness Software Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.