What is Employee Feedback Platform?
Employee feedback is information about performance skills and teamwork that employees of the company exchange with each other. Employee feedback platform is the method used for capturing feedback data, analyzing it, and using the results to drive improvements. It helps to increase employees’ job satisfaction and retain talented workers.
The market study is broken down and major geographies with country level break-up.
Global Employee Feedback Platform is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Systems. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
15Five (United States), Culture Amp (Australia), Qualtrics (United States), Weekdone (Estonia), Officevibe (United States), Energage (United States), TinyPulse (United States), Reward Gateway (United Kingdom), Impraise (Netherlands) and RoundPegg (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Hppy (United States), Glint (United States), Reflektive Labs Private Limited (India) and 6Q (Slovakia).
AdvanceMarketAnalytics has segmented the market of Global Employee Feedback Platform market by Type, Application and Region.
On the basis of geography, the market of Employee Feedback Platform has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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). If we see Market by Feedback Type, the sub-segment i.e. Appreciation will boost the Employee Feedback Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pricing, the sub-segment i.e. Free will boost the Employee Feedback Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud will boost the Employee Feedback Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Benchmarking will boost the Employee Feedback Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 1st October 2021, Qualtrics has acquired Clarabridge. With the acquisition, Qualtrics customers will be able to tune into, analyze and act on everything customers and employees are saying.
On 3rd June 2021, Energage has launched the Partner Program. A Partner Program is designed to meet the need of experts in human resources, public relations, organizational performance, branding, marketing communication, and more. The new launch offers various partnership options to choose the track which best supports the needs of their business.
- Need for Collaboration between Teams and Employees
- Increasing Application of Employee Feedback Platform to Improve Employee Performance at all Levels
- Growing Demand for Employee Feedback Platform from Various Organizations
- Rising Implementation of Employee Feedback Platform to Develop Trust and Relationships can Create Opportunities for the Market Growth.
- Lack of Objectivity on the Part of Respondent
Key Target AudienceEmployee Feedback Platform Developers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as 15Five (United States), Culture Amp (Australia), Qualtrics (United States), Weekdone (Estonia), Officevibe (United States), Energage (United States), TinyPulse (United States), Reward Gateway (United Kingdom), Impraise (Netherlands) and RoundPegg (United States) etc.
2. Can we have customized study for Employee Feedback Platform Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Employee Feedback Platform Market by 2026?
Analysts at AMA estimates Employee Feedback Platform Market to reach USD Million by 2026.