Social Employee Recognition Systems Market Will hit at a CAGR 14.3% from 2026 by Pradnya

Social Employee Recognition Systems Market: Global Industry Analysis and Opportunity Assessment, 2016-2026

April 2017

About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client.

Research Capabilities    

Customized Research Syndicated Research Investment Research

Social Media Research

Customized Research Syndicated Research Investment Research Social Media Research

Sector Coverage    

Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment

   

Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas

Subscription Information

For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com

Research Methodology (1/2) Systematic Research Approach 1 Market profiling

2 Formulating discussion guide

3 Developing list of respondents

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. PMR formulates a detailed discussion guide to conduct expert and industry interviews PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts

Data collection

PMR conducts interviews with industry experts, industry players, distributors and retailers

Data validation

Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data

5 6

Data analysis

Insights

Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry PMR delivers industry insights and information in the required format (PDF)

Data Collection

   

Research & Intelligence

Data Filter & Analysis

Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain

Actionable Insights

A Primary Research

     

B SOLUTION     

Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments

Primary Research #    

Linkedin Zoominfo Salesforce Avention

Business Solution

Desk Research

Key industry experts Channel study Developments Market dynamics Products Conclusions

Company Analysis

Secondary Research #    

Company websites Company annual reports White papers Financial reports

Paid Publications#    

Factiva GBI Genios Meltwater

# includes sources of databases

Social Employee Recognition Systems Market

Social Networking Analytics Propel the Global Demand for Social Employee Recognition Systems Various social media platforms are gaining adoption across the globe, and this has effectuated a considerable rise in employment of social networking analytic programs. Incidentally, such developments are favouring the use of social media applications in employee recognition software. Blending social media with corporate workforce analysis is being collectively identified as social employee recognition, and systems offering such services are gaining traction across multiple industrial verticals. Future Market Insightsâ&#x20AC;&#x2122; recent publication on the global social employee recognition system market reveals that by the end of 2016, more than US$ 5,150 Mn worth of revenues were amassed from around the world. The demand for social employee recognition solutions is, thus, anticipated to grow robustly, registering a value CAGR of 14.3%. By the end of 2026, the global market for social employee recognition solutions will be valued at an estimated US$ 19,586.2 Mn, according to the report. A striking factor that has propelled the adoption of social employee recognition solutions is increasing involvement of senior management in the development of their employees. Activities arranged for employee participation & performance are actively reviewed by senior leaders, and they are doing so in a very informal manner. Request For Report Sample: http://www.futuremarketinsights.com/reports/sample/rep-gb-2302

Social Employee Recognition Systems Market Big Companies Need Social Employee Recognition Solutions Such a collaborative approach is easily feasible in large companies and multinational conglomerates. Key excerpts of the report suggest that in 2017 and beyond, large enterprises will dominate the global social employee recognition systems market by closing in on a 70% value share. Revenues emanating from adoption of social employee recognition solutions in such corporate behemoths will surge at a staggering 15% CAGR. By the same token, the market is also anticipated to be dominated by on-premise deployment model, revenues from which are expected to surpass US$ 14,000 Mn by 2026-end. The report also states how creation of an internal marketing team leads to adoption of social employee recognition services. Such teams work towards communicating with employees in social settings and bestow praises through awards or bonus monetary allowances. A stumbling block for adoption of social employee recognition solutions, however, lies in high implementation costs, coupled with lack of outright employee participation. On the account of expensive implementation, the demand for social employee recognition solutions will lose traction among tight-budgeted small & medium enterprises (SMEs). Impact of BYOD Approach on Global Social Employee Recognition Systems Market

Through 2026, retail & consumer goods will be identified as the largest end-user industry for social employee recognition solutions.

Social Employee Recognition Systems Market Demand for such solutions is also expected to gain traction in IT & telecommunication business. Factors promoting the sales of social employee recognition solutions in such industrial verticals include growing acceptance for Bring Your Own Device (BYOD) approach, and rising presence of enterprise social networking platforms such as LinkedIn, Convo and Yammer. Some of the leading companies participating in the global social employee recognition systems market include GloboForce Ltd., Reffind Ltd., Kudos, Inc., SalesForce.com, Madison, BI Worldwide, Jive Software, Inc., Achievers Corporation, Vmware Inc., and Recognize Services Inc. In the report, titled “Social Employee Recognition Systems Market: Global Industry Analysis and Opportunity Assessment, 2016-2026,” North America has been observed as a dominant region, procuring over one-third of global revenues by the end of forecast period. Adoption of social employee recognition systems will also be significantly high in Western Europe and the Asia-Pacific excluding Japan (APEJ) region. Western Europe’s social employee recognition systems market is being anticipated to proliferate at more than 26% CAGR, indicating that by the end of 2026, the region will rake in revenues worth ten times its present market value. Japan’s social employee recognition system revenues will also soar at more than 20% CAGR, while the APEJ social employee recognition system market will record a gain of 30 BPS during the forecast period.

Table of Content 1. Global Social Employee Recognition Market- Executive Summary 2. Assumptions & Acronyms Used 3. Research Methodology 4. Market Overview 4.1. Introduction 4.1.1. Social Employee Recognition Market Definition 4.1.2. Social Employee Recognition Market Taxonomy 4.1.3. Market Overview 4.2. Social Employee Recognition Market Dynamics 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.3. Value Chain 4.4. Global Social Employee Recognition Market Forecast, 2016-2026 4.4.1. Social Employee Recognition Market Size (Value) Forecast 4.4.1.1. Y-o-Y Growth Projections 4.4.1.2. Absolute $ Opportunity ÂŠ2015 Future Market Insights, All Rights Reserved

Table of Content 4.5. Social Employee Recognition Market Snapshot (2015) 4.5.1. Market overview By Deployment Type 4.5.2. Market overview By Enterprise Type 4.5.3. Market overview By Industry 5. Global Social Employee Recognition Market Analysis, By Deployment Type 5.1. Introduction 5.1.1. Y-o-Y Growth Comparison, By Deployment Type 5.1.2. Basis Point Share (BPS) Analysis, By Deployment Type 5.2. Global Social Employee Recognition Market Forecast By Deployment Type 5.2.1. Cloud 5.2.1.1. Absolute $ Opportunity 5.2.1.2. Market Size Forecast 5.2.2. On-Premise 5.2.2.1. Absolute $ Opportunity 5.2.2.2. Market Size Forecast

Table of Content 5.3. Global Social Employee Recognition Market Attractiveness Analysis, By Deployment Type 5.4. Prominent Trends 6. Global Social Employee Recognition Market Analysis, By Enterprise Type 6.1. Introduction 6.1.1. Y-o-Y Growth Comparison, By Enterprise Type 6.1.2. Basis Point Share (BPS) Analysis, By Enterprise Type 6.2. Global Social Employee Recognition Market Forecast By Enterprise Type 6.2.1. Small & Medium Enterprise 6.2.1.1. Absolute $ Opportunity 6.2.1.2. Market Size Forecast 6.2.2. Large Enterprise 6.2.2.1. Absolute $ Opportunity 6.2.2.2. Market Size Forecast 6.3. Global Social Employee Recognition Market Attractiveness Analysis, By Enterprise Type ÂŠ2015 Future Market Insights, All Rights Reserved

Table of Content 7. Global Social Employee Recognition Market Analysis, By Industry 7.1. Introduction 7.1.1. Y-o-Y Growth Comparison, By Industry 7.1.2. Basis Point Share (BPS) Analysis, By Industry 7.2. Global Social Employee Recognition Market Forecast, By Industry 7.2.1. Retail & Consumer Goods 7.2.1.1. Absolute $ Opportunity 7.2.1.2. Market Size Forecast 7.2.2. IT & Telecom 7.2.2.1. Absolute $ Opportunity 7.2.2.2. Market Size Forecast 7.2.3. Healthcare 7.2.3.1. Absolute $ Opportunity 7.2.3.2. Market Size Forecast

Click here to Order a free sample

To know more about us, please visit our website:

www.futuremarketinsights.com For sales queries or new topics email us on:

sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com

Thank You Future Market Insights Global & Consulting Private Limited (FMI)