What is Employee Communication Tools Market?
Employee communication tools are a relatively new tool for internal communication. This tool also allows HR and executive teams to interact, collaborate, and share knowledge with the rest of the company’s employees. Organizations can use the same features of a public social network to encourage employees to connect and discuss work-related topics. This has led to significant growth in the market in the forecast period.
The market study is being classified by Type (Intranets and forums, Digital signage, Instant messaging tools, Collaboration tools, Employee social networks, Team bonding tools and Video chat tools) and major geographies with country level break-up.
Slack Technologies (Canada), Call-Em-All LLC. (United States), Bitrix24 (United States), CultureIQ, Inc. (United States), SpotCues Inc. (United States), ezTalks (China), GroupFire, Inc. (United States), Morneau Shepell (Canada), Simpplr Inc. (United States) and Alert Media Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Samepage Labs, Inc. (United States), Zoho Corporation Pvt. Ltd (India) and SocialChorus, Inc. (United States).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Players having a strong hold in the market are Slack Technologies, Call-Em-All LLC., Bitrix24, and CultureIQ, Inc..
Analyst at AMA have segmented the market study of Global Employee Communication Tools market by Type, Application and Region.
On the basis of geography, the market of Employee Communication Tools 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Demand From End-use Enterprises
- Rising Demand in Cloud-Based Software
- Increasing Internal Communications Trends to Maximize Frontline Workers
- Lack of skilled Professionals
- Growing Focus on Research and Development Industries
- Rising Emerging Technologies
- Growing Cyber Security Issues
- Increasing Online Advertisement
Market Leaders and some development strategies
On 08th July 2020, Slack Technologies, Inc. has announced that the company has acquired Rimeto. Rimeto has reimagined the business directory over the last four years, much in the same way Slack Technologies, Inc. has reimagined business communication. Rimeto’s advanced profile and directory features will be integrated into Slack directly.
Analyst CommentTo study the market, we approach the market from the business side. Major players in software industry are continuously investing in process research and development sector. The top players in digital signage software market are enhancing their global foot print in various regions
Key Target AudienceEmployee Communication Tools Providers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Employee Communication Tools Market?
"Growing Demand From End-use Enterprises
" is seen as one of major growth factors of Employee Communication Tools Market in years to come.
2. Can we have customized study for Employee Communication Tools Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Employee Communication Tools Market?
will lead Employee Communication Tools Market in coming years.