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Social employee recognition systems provide tangible benefits for organizations. A company that does not offer employees any form of recognition may suffer from low morale, employee turnover, and poor relationship with its employees. Thus, these social employee recognition systems are designed to reward an employee's performance and contribute positively to the growth of the organization. This helps to build loyalty among employees and enhance their commitment, engagement, and productivity levels. This employee recognition and reward programs are typically incorporated into the monthly performance appraisal report to keep the metrics on the performance of the company up-to-date.

Market Dynamics

Technological innovations delivered via software-as-a-service (SaaS) applications are expected to boost the global social employee recognition systems market growth over the forecast period. SaaS applications have become an important part of software services in many industries due to technological advancements. SaaS provides numerous advantages including cost-effectiveness, flexible payment methods, enhance scalability, and improved data storage with the cloud. Hence, such factors are expected to boost market growth.

Moreover, the integration of advanced technologies in IT and telecom is expected to accelerate growth of the global social employee recognition systems market in the near future.

Key features of the study:

  • This report provides in-depth analysis of the social employee recognition systems market , and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global social employee recognition systems market  based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include GloboForce Ltd, BI Worldwide, SalesForce.Com, Jive Software, Inc., Aurea, Reffind Ltd, Recognize Services, Inc., Kudos, Inc., Vmware, Inc., and Madison.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global social employee recognition systems market  report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global social employee recognition systems market

Detailed Segmentation:

  • Global Social Employee Recognition Systems Market, By Deployment:
    • Cloud
    • On-Premise
  • Global Social Employee Recognition Systems Market, By Enterprise Size:
    • SME
    • Large Enterprise
  • Global Social Employee Recognition Systems Market, By Industry:
    • Retail & Consumer Goods
    • IT & Telecom
    • Healthcare
    • Media & Entertainment
    • Travel & Hospitality
    • Manufacturing
  • Global Social Employee Recognition Systems Market, By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East and Africa
  • Company Profiles
    • GloboForce Ltd*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • BI Worldwide
    • Com
    • Jive Software, Inc.
    • Aurea
    • Reffind Ltd
    • Recognize Services, Inc.
    • Kudos, Inc.
    • Vmware, Inc.
    • Achievers Solutions Inc.
    • Madison

*Browse all the market data tables and figures on “Global Social Employee Recognition Systems Market- Forecast to 2028”

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Deployment
      • Market Snippet, By Enterprise Size
      • Market Snippet, By Industry
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New System Launch/Approval
    • Impact of COVID-19 Pandemic on Global Social Employee Recognition Systems Market
  4. Global Social Employee Recognition Systems Market, By Deployment, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2020 and 2028 (%)
      • Segment Trends
    • Cloud
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
    • On-Premise
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
  5. Global Social Employee Recognition Systems Market, By Enterprise Size, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2020 and 2028 (%)
      • Segment Trends
    • SME
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
    • Large Enterprise
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
  6. Global Social Employee Recognition Systems Market, By Industry, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2020 and 2028 (%)
      • Segment Trends
    • Retail & Consumer Goods
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
    • IT & Telecom
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
    • Healthcare
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
    • Media & Entertainment
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
    • Travel & Hospitality
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
    • Manufacturing
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
  7. Global Social Employee Recognition Systems Market, By Region, 2017-2028  (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2020 and 2028 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Deployment, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Enterprise Size, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Industry, 2017–2028 (US$ Million)
      • Market Share Analysis, By Country, 2020 and 2028 (%)
        • U.S.
        • Canada
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Deployment, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Enterprise Size, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Industry, 2017–2028 (US$ Million)
      • Market Share Analysis, By Country, 2020 and 2028 (%)
        • Argentina
        • Brazil
        • Mexico
        • Rest of Latin America
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Deployment, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Enterprise Size, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Industry, 2017–2028 (US$ Million)
      • Market Share Analysis, By Country, 2020 and 2028(%)
        • U.K.
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Deployment, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Enterprise Size, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Industry, 2017–2028 (US$ Million)
      • Market Share Analysis, By Country, 2020 and 2028(%)
        • China
        • India
        • ASEAN
        • Japan
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Middle East & Africa
      • Regional Trends
      • Market Size and Forecast, By Deployment, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Enterprise Size, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Industry, 2017–2028 (US$ Million)
      • Market Share Analysis, By Country, 2020 and 2028(%)
        • GCC Countries
        • South Africa
        • Rest of Middle East & Africa
  8. Competitive Landscape
    • Company Profiles
      • GloboForce Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • BI Worldwide
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Com
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Jive Software, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Aurea
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Reffind Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Recognize Services, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Kudos, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Vmware, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Achievers Solutions Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Madison
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
  9. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

*Browse market data tables and figures on “Global Social Employee Recognition Systems Market-forecast to 2028”

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