Key Values Provided by a Social Employee Recognition Systems Market
The Social Employee Recognition Systems is growing at a 18.00% during the forecasted period of 2019 to 2031.Social Employee Recognition Systems Market Size in (USD Billion) CAGR Growth Rate 18.00%
| Study Period | 2019-2031 |
| Market Size (2023): | 5.5Billion |
| Market Size (2031): | 12.0Billion |
| CAGR (2023 - 2031): | 18.00% |
| Fastest Growing Region | North America |
| Dominating Region | North America |
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Social employee recognition systems help to give employee's contributions towards their business’s growth. In order to increase employee confidence and value their involvement in critical projects, that will enhance the productivity of any employee, which benefits the company’s profit also. With the increasing availability of social channels helps it as an easy process to recognize employees on a grand scale. The employee engagement platform integrates with social to get the good word out to a vast network of supporters. Employee recognition is able to inspire every action and interaction across the company.
A market research report study provides invaluable data-driven insights that allow businesses to make informed decisions based on accurate market trends, customer behaviors, and competitor analysis. These reports help organizations better understand the evolving needs of their target audience, enabling more customer-focused strategies.
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Moreover, these reports uncover growth opportunities and emerging trends, allowing companies to innovate or expand into underserved markets. They are essential for strategic planning, aligning business goals with market realities to ensure long-term success. Investors also rely on market research reports to evaluate industry potential, making these reports key tools for making low-risk investment decisions. A market research report provides essential insights for growth, competitive positioning, and sound business strategy.
Market Dynamics
Influencing Trend:- Growing emphasis on employee motivation
Market Growth Drivers:
- The Rise In Trend Of Social & Public Celebration
- Increasing Inclination Towards Unified Culture
- Growing Demand For The Integrated Employee Recognition Platform By Considering Anniversaries
- Nominations
- Social Recognition For Managers And Employees
Challenges
- Implementation Complexity
Opportunities
- Increasing Number Of SME’s Across The Globe Majorly In The Emerging Regions Such India
Asia-Pacific is a fast-growing region with high demand for both high-tech and affordable products, driven by urbanization and rising middle-class incomes. Latin America prioritizes affordability amidst economic fluctuations, with Brazil and Mexico leading in market growth. In the Middle East and Africa, market trends are influenced by cultural preferences, with luxury goods prominent in the Gulf States and gradual growth in sub-Saharan Africa. Global trends like sustainability and digital transformation are impacting all regions.
The North America Dominant Region currently dominates the market share, fueled by increasing consumption, population growth, and sustained economic progress, which collectively enhance market demand. Conversely, the North America is the fastest-growing Region is rapidly becoming the fastest-growing region, driven by significant infrastructure investments, industrial expansion, and rising consumer demand.
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
North America
Dominating Region
North America
Competitive Insights
The key players in the Social Employee Recognition Systems are intensifying their focus on research and development (R&D) activities to innovate and stay competitive. Major companies, such as SalesScreen (Norway), Workhuman (Ireland), Salesforce (United States), Reffind Ltd. (Australia), Achievers Corporation (Canada), Kudos (Canada), Madison (United States), Recognize Services (United States), Jive Software (United States), BI Worldwide (United States) are heavily investing in R&D to develop new products and improve existing ones. This strategic emphasis on innovation drives significant advancements in product formulation and the introduction of sustainable and eco-friendly products.Moreover, these established industry leaders are actively pursuing acquisitions of smaller companies to expand their regional presence and enhance their market share. These acquisitions not only help in diversifying their product portfolios but also provide access to new technologies and markets. This consolidation trend is a critical factor in the growth of the consumer goods industry, as it enables larger companies to streamline operations, reduce costs, and increase their competitive edge.
In addition to R&D and acquisitions, there is a notable shift towards green investments among key players in the consumer goods industry. Companies are increasingly committing resources to sustainable practices and developing environmentally friendly products. This green investment responds to growing consumer demand for sustainable solutions and stringent environmental regulations. By prioritizing sustainability, these companies are not only contributing to environmental protection but also positioning themselves as leaders in the green movement, thereby fueling market growth.
The companies highlighted in this profile were selected based on insights from primary experts and an evaluation of their market penetration, product offerings, and geographical reach:
- SalesScreen (Norway)
- Workhuman (Ireland)
- Salesforce (United States)
- Reffind Ltd. (Australia)
- Achievers Corporation (Canada)
- Kudos (Canada)
- Madison (United States)
- Recognize Services (United States)
- Jive Software (United States)
- BI Worldwide (United States)
Social Employee Recognition Systems Market Segmentation by Players
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Key Highlights
Segmentation by Type
- Performance management software
- reward platforms
- peer-to-peer recognition tools
- gamified employee engagement tools
Social Employee Recognition Systems Market Segmentation by Type
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Segmentation by Application
-
- Corporations
- HR departments
- employee engagement platforms
- team management
Social Employee Recognition Systems Market Segmentation by Application
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- Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice
Regional Analysis
The Top-Down and Bottom-Up Approaches
The top-down approach begins with a broad theory or hypothesis and breaks it down into specific components for testing. This structured, deductive process involves developing a theory, creating hypotheses, collecting and analyzing data, and drawing conclusions. It is particularly useful when there is substantial theoretical knowledge, but it can be rigid and may overlook new phenomena.
Conversely, the bottom-up approach starts with specific data or observations, from which broader generalizations and theories are developed. This inductive process involves collecting detailed data, analyzing it for patterns, developing hypotheses, formulating theories, and validating them with additional data. While this approach is flexible and encourages the discovery of new phenomena, it can be time-consuming and less structured.
Swot and Pestal Analysis
SWOT AnalysisSWOT Analysis evaluates a company’s internal Strengths and Weaknesses, as well as external Opportunities and Threats. This analysis helps businesses identify their competitive advantages, address internal challenges, and seize external opportunities while mitigating potential risks. It is performed to gain a comprehensive understanding of the organization's position in the market, align strategies with its strengths, and effectively navigate competitive landscapes.
PESTEL Analysis
Political, Economic, Social, Technological, Environmental, and Legal factors impacting the business environment. This analysis helps organizations anticipate external changes, adapt strategies to macroeconomic trends, and ensure compliance with regulatory requirements. It is crucial for understanding the external forces that could influence business operations and for planning long-term strategies that align with evolving market conditions.
Report Infographics:
| Report Features | Details |
| Base Year | 2023 |
| Based Year Market Size 2023 | 5.5Billion |
| Historical Period | 2019 |
| CAGR (2023 to 2031) | 18.00% |
| Forecast Period | 2031 |
| Forecasted Period Market Size (2031) | 12.0Billion |
| Scope of the Report |
Performance management software, reward platforms, peer-to-peer recognition tools, gamified employee engagement tools Corporations, HR departments, employee engagement platforms, team management |
| Regions Covered | North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA |
| Companies Covered | SalesScreen (Norway), Workhuman (Ireland), Salesforce (United States), Reffind Ltd. (Australia), Achievers Corporation (Canada), Kudos (Canada), Madison (United States), Recognize Services (United States), Jive Software (United States), BI Worldwide (United States) |
| Customization Scope | 15% Free Customization (For EG) |
| Delivery Format | PDF and Excel through Email |
Social Employee Recognition Systems - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Social Employee Recognition Systems Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Social Employee Recognition Systems Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Social Employee Recognition Systems Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 The Rise in Trend of Social & Public Celebration
- 3.1.2 Increasing Inclination Towards Unified Culture
- 3.1.3 Growing Demand for The Integrated Employee Recognition Platform by Considering Anniversaries
- 3.1.4 Nominations
- 3.1.5 Social Recognition for Managers and Employees
-
3.2 Available Opportunities
- 3.2.1 Increasing Number of SME’s Across the Globe Majorly in the Emerging Regions Such India
- 3.2.2 and China
-
3.3 Influencing Trends
- 3.3.1 Growing emphasis on employee motivation
- 3.3.2 remote work culture
-
3.4 Challenges
- 3.4.1 Implementation complexity
- 3.4.2 integration with existing HR systems
- 3.5 Regional Dynamics
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Chapter 4 : Global Social Employee Recognition Systems Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Social Employee Recognition Systems Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: Social Employee Recognition Systems : Competition Benchmarking & Performance Evaluation
- 5.1 Global Social Employee Recognition Systems Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Social Employee Recognition Systems Revenue 2023
- 5.3 Global Social Employee Recognition Systems Sales Volume by Manufacturers (2023)
- 5.4 BCG Matrix
- 5.4 Market Entropy
- 5.5 Heat Map Analysis
- 5.6 Strategic Group Analysis
Chapter 6: Global Social Employee Recognition Systems Market: Company Profiles
- 6.1 SalesScreen (Norway)
- 6.1.1 SalesScreen (Norway) Company Overview
- 6.1.2 SalesScreen (Norway) Product/Service Portfolio & Specifications
- 6.1.3 SalesScreen (Norway) Key Financial Metrics
- 6.1.4 SalesScreen (Norway) SWOT Analysis
- 6.1.5 SalesScreen (Norway) Development Activities
- 6.2 Workhuman (Ireland)
- 6.3 Salesforce (United States)
- 6.4 Reffind Ltd. (Australia)
- 6.5 Achievers Corporation (Canada)
- 6.6 Kudos (Canada)
- 6.7 Madison (United States)
- 6.8 Recognize Services (United States)
- 6.9 Jive Software (United States)
- 6.10 BI Worldwide (United States)
- 6.11
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Chapter 7 : Global Social Employee Recognition Systems by Type & Application (2019-2031)
-
7.1 Global Social Employee Recognition Systems Market Revenue Analysis (USD Million) by Type (2019-2023)
- 7.1.1 Performance Management Software
- 7.1.2 Reward Platforms
- 7.1.3 Peer-to-peer Recognition Tools
- 7.1.4 Gamified Employee Engagement Tools
- 7.1.5 Engagement Analytics
-
7.2 Global Social Employee Recognition Systems Market Revenue Analysis (USD Million) by Application (2019-2023)
- 7.2.1 Corporations
- 7.2.2 HR Departments
- 7.2.3 Employee Engagement Platforms
- 7.2.4 Team Management
- 7.3 Global Social Employee Recognition Systems Market Revenue Analysis (USD Million) by Type (2023-2031)
- 7.4 Global Social Employee Recognition Systems Market Revenue Analysis (USD Million) by Application (2023-2031)
Chapter 8 : North America Social Employee Recognition Systems Market Breakdown by Country, Type & Application
- 8.1 North America Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 8.2.1 Performance Management Software
- 8.2.2 Reward Platforms
- 8.2.3 Peer-to-peer Recognition Tools
- 8.2.4 Gamified Employee Engagement Tools
- 8.2.5 Engagement Analytics
-
8.3 North America Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 8.3.1 Corporations
- 8.3.2 HR Departments
- 8.3.3 Employee Engagement Platforms
- 8.3.4 Team Management
- 8.4 North America Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 8.5 North America Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 8.6 North America Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
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Chapter 9 : LATAM Social Employee Recognition Systems Market Breakdown by Country, Type & Application
- 9.1 LATAM Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 9.2.1 Performance Management Software
- 9.2.2 Reward Platforms
- 9.2.3 Peer-to-peer Recognition Tools
- 9.2.4 Gamified Employee Engagement Tools
- 9.2.5 Engagement Analytics
-
9.3 LATAM Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 9.3.1 Corporations
- 9.3.2 HR Departments
- 9.3.3 Employee Engagement Platforms
- 9.3.4 Team Management
- 9.4 LATAM Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 9.5 LATAM Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 9.6 LATAM Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 10 : West Europe Social Employee Recognition Systems Market Breakdown by Country, Type & Application
- 10.1 West Europe Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 10.2.1 Performance Management Software
- 10.2.2 Reward Platforms
- 10.2.3 Peer-to-peer Recognition Tools
- 10.2.4 Gamified Employee Engagement Tools
- 10.2.5 Engagement Analytics
-
10.3 West Europe Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 10.3.1 Corporations
- 10.3.2 HR Departments
- 10.3.3 Employee Engagement Platforms
- 10.3.4 Team Management
- 10.4 West Europe Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 10.5 West Europe Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 10.6 West Europe Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 11 : Central & Eastern Europe Social Employee Recognition Systems Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 11.2.1 Performance Management Software
- 11.2.2 Reward Platforms
- 11.2.3 Peer-to-peer Recognition Tools
- 11.2.4 Gamified Employee Engagement Tools
- 11.2.5 Engagement Analytics
-
11.3 Central & Eastern Europe Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 11.3.1 Corporations
- 11.3.2 HR Departments
- 11.3.3 Employee Engagement Platforms
- 11.3.4 Team Management
- 11.4 Central & Eastern Europe Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 11.5 Central & Eastern Europe Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 11.6 Central & Eastern Europe Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 12 : Northern Europe Social Employee Recognition Systems Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 12.2.1 Performance Management Software
- 12.2.2 Reward Platforms
- 12.2.3 Peer-to-peer Recognition Tools
- 12.2.4 Gamified Employee Engagement Tools
- 12.2.5 Engagement Analytics
-
12.3 Northern Europe Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 12.3.1 Corporations
- 12.3.2 HR Departments
- 12.3.3 Employee Engagement Platforms
- 12.3.4 Team Management
- 12.4 Northern Europe Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 12.5 Northern Europe Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 12.6 Northern Europe Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 13 : Southern Europe Social Employee Recognition Systems Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 13.2.1 Performance Management Software
- 13.2.2 Reward Platforms
- 13.2.3 Peer-to-peer Recognition Tools
- 13.2.4 Gamified Employee Engagement Tools
- 13.2.5 Engagement Analytics
-
13.3 Southern Europe Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 13.3.1 Corporations
- 13.3.2 HR Departments
- 13.3.3 Employee Engagement Platforms
- 13.3.4 Team Management
- 13.4 Southern Europe Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 13.5 Southern Europe Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 13.6 Southern Europe Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 14 : East Asia Social Employee Recognition Systems Market Breakdown by Country, Type & Application
- 14.1 East Asia Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 14.2.1 Performance Management Software
- 14.2.2 Reward Platforms
- 14.2.3 Peer-to-peer Recognition Tools
- 14.2.4 Gamified Employee Engagement Tools
- 14.2.5 Engagement Analytics
-
14.3 East Asia Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 14.3.1 Corporations
- 14.3.2 HR Departments
- 14.3.3 Employee Engagement Platforms
- 14.3.4 Team Management
- 14.4 East Asia Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 14.5 East Asia Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 14.6 East Asia Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 15 : Southeast Asia Social Employee Recognition Systems Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 15.2.1 Performance Management Software
- 15.2.2 Reward Platforms
- 15.2.3 Peer-to-peer Recognition Tools
- 15.2.4 Gamified Employee Engagement Tools
- 15.2.5 Engagement Analytics
-
15.3 Southeast Asia Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 15.3.1 Corporations
- 15.3.2 HR Departments
- 15.3.3 Employee Engagement Platforms
- 15.3.4 Team Management
- 15.4 Southeast Asia Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 15.5 Southeast Asia Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 15.6 Southeast Asia Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 16 : South Asia Social Employee Recognition Systems Market Breakdown by Country, Type & Application
- 16.1 South Asia Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 16.2.1 Performance Management Software
- 16.2.2 Reward Platforms
- 16.2.3 Peer-to-peer Recognition Tools
- 16.2.4 Gamified Employee Engagement Tools
- 16.2.5 Engagement Analytics
-
16.3 South Asia Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 16.3.1 Corporations
- 16.3.2 HR Departments
- 16.3.3 Employee Engagement Platforms
- 16.3.4 Team Management
- 16.4 South Asia Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 16.5 South Asia Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 16.6 South Asia Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 17 : Central Asia Social Employee Recognition Systems Market Breakdown by Country, Type & Application
- 17.1 Central Asia Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 17.2.1 Performance Management Software
- 17.2.2 Reward Platforms
- 17.2.3 Peer-to-peer Recognition Tools
- 17.2.4 Gamified Employee Engagement Tools
- 17.2.5 Engagement Analytics
-
17.3 Central Asia Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 17.3.1 Corporations
- 17.3.2 HR Departments
- 17.3.3 Employee Engagement Platforms
- 17.3.4 Team Management
- 17.4 Central Asia Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 17.5 Central Asia Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 17.6 Central Asia Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 18 : Oceania Social Employee Recognition Systems Market Breakdown by Country, Type & Application
- 18.1 Oceania Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 18.2.1 Performance Management Software
- 18.2.2 Reward Platforms
- 18.2.3 Peer-to-peer Recognition Tools
- 18.2.4 Gamified Employee Engagement Tools
- 18.2.5 Engagement Analytics
-
18.3 Oceania Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 18.3.1 Corporations
- 18.3.2 HR Departments
- 18.3.3 Employee Engagement Platforms
- 18.3.4 Team Management
- 18.4 Oceania Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 18.5 Oceania Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 18.6 Oceania Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 19 : MEA Social Employee Recognition Systems Market Breakdown by Country, Type & Application
- 19.1 MEA Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 19.2.1 Performance Management Software
- 19.2.2 Reward Platforms
- 19.2.3 Peer-to-peer Recognition Tools
- 19.2.4 Gamified Employee Engagement Tools
- 19.2.5 Engagement Analytics
-
19.3 MEA Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 19.3.1 Corporations
- 19.3.2 HR Departments
- 19.3.3 Employee Engagement Platforms
- 19.3.4 Team Management
- 19.4 MEA Social Employee Recognition Systems Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 19.5 MEA Social Employee Recognition Systems Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 19.6 MEA Social Employee Recognition Systems Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Global Social Employee Recognition Systems market is estimated to see a CAGR of 18.00% and may reach an estimated market size of 18.00% 12.0Billion by 2031.
The Social Employee Recognition Systems Market is predicted to grow at a CAGR of 18.00%.
Some of the prominent trends that are influencing and driving the growth of Global Social Employee Recognition Systems Market are Growing Emphasis On Employee Motivation, Remote Work Culture
The leaders in the Global Social Employee Recognition Systems Market such as SalesScreen (Norway), Workhuman (Ireland), Salesforce (United States), Reffind Ltd. (Australia), Achievers Corporation (Canada), Kudos (Canada), Madison (United States), Recognize Services (United States), Jive Software (United States), BI Worldwide (United States), are targeting innovative and differentiated growth drivers some of them are The Rise In Trend Of Social & Public Celebration,,
Increasing Inclination Towards Unified Culture,,
Growing Demand For The Integrated Employee Recognition Platform By Considering Anniversaries, Nominations, Social Recognition For Managers And Employees,,
As Industry players prepare to scale up, Social Employee Recognition Systems Market sees major concern such as Implementation Complexity, Integration With Existing HR Systems.
The market opportunity is clear from the flow of investment into Global Social Employee Recognition Systems Market, some of them are Increasing Number Of SME’s Across The Globe Majorly In The Emerging Regions Such India, And China.
New entrants, including competitors from unrelated industries along with players such as SalesScreen (Norway), Workhuman (Ireland), Salesforce (United States), Reffind Ltd. (Australia), Achievers Corporation (Canada), Kudos (Canada), Madison (United States), Recognize Services (United States), Jive Software (United States), BI Worldwide (United States), Instituting a robust process in Global Social Employee Recognition Systems Market.
The Global Social Employee Recognition Systems Market Study is Broken down by applications such as Corporations, HR departments, employee engagement platforms, team management.
The Global Social Employee Recognition Systems Market Study is segmented by Performance management software, reward platforms, peer-to-peer recognition tools, gamified employee engagement tools, engagement analytics.
The Global Social Employee Recognition Systems Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2019 - 2023; Base year: 2023; Forecast period: 2025 to 2031
Social employee recognition systems help to give employee's contributions towards their business’s growth. In order to increase employee confidence and value their involvement in critical projects, that will enhance the productivity of any employee, which benefits the company’s profit also. With the increasing availability of social channels helps it as an easy process to recognize employees on a grand scale. The employee engagement platform integrates with social to get the good word out to a vast network of supporters. Employee recognition is able to inspire every action and interaction across the company.
