The Europe 360 Degree Feedback Software Market would witness market growth of 10.0% CAGR during the forecast period (2023-2030).
The 360 degree feedback software has also been popular among small and medium-sized business merchants due to its accessibility from any web browser and affordability, which are anticipated to spur market expansion over the projection period. With the increasing emergence of SMEs, the demand for these solutions will rise further. Retailers who are successful aim to recruit and keep their most devoted clients in addition to simply selling goods. Retailers utilize customer feedback systems to learn more about their consumers' shopping experiences to keep them returning. Retailers can offer individualized services and suggestions across all channels and touchpoints owing to the insightful data.
To remain competitive in a business environment that is changing quickly, organizations focus on improving employee skills and competencies. The identification of skill shortages and the development of customized training programs to fill them are both made possible by 360 degree feedback software, which also helps to increase employee productivity and efficiency. The best way to identify an employee's abilities is also through 360 degree reviews. For self-improvement and recognition, it's crucial to identify strengths. A customized training and development plan is made possible by identifying strengths in a certain competency. A worker could flourish when given further training in a skill they already have and show strength. For an employee's career to advance and the business's success, developing their skills is crucial. These are a few elements that support the expansion of the market.
In terms of hospital beds, infrastructure, and trained staff, Germany's healthcare system is strong. In Germany, the healthcare industry employs one in every six workers and accounts for EUR 678.2 billion (USD 798 billion), or around 12% of Germany's GDP. With sales of 131.2 billion euros (USD 154.4 billion), HCT accounts for 8.3% of Germany's exports. In October 2020, laws were rolled out to upgrade and digitize the German healthcare system. A total of 3 billion euros (3.5 billion dollars) in federal financing will be provided, and an additional 1.3 billion euros (1.5 billion dollars) in state assistance will be provided. The demand for these software and other HR-based solutions is expected to rise as the industry seeks to retain and use its workforce as effectively as possible.
The Germany market dominated the Europe 360 Degree Feedback Software Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $121.3 million by 2030. The UK market is exhibiting a CAGR of 9.1% during (2023 - 2030). Additionally, The France market would experience a CAGR of 10.8% during (2023 - 2030).
Based on Application, the market is segmented into Corporate, Education, Travel & Hospitality, Retail and Healthcare. Based on Type, the market is segmented into Installed and Web-based. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide 360 Degree Feedback Software Market is Projected to reach USD 1.9 Billion by 2030, at a CAGR of 10.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Explorance Inc., Qualtrics International Inc. (Silver Lake), Momentive Global Inc., Actus Software, Engagedly, Inc., QuestionPro Survey Software, Trakstar, Lattice, SurveySparrow, Inc. and Smartsurvey
Scope of the Study
Market Segments Covered in the Report:
By Application
- Corporate
- Education
- Travel & Hospitality
- Retail
- Healthcare
By Type
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Explorance Inc.
- Qualtrics International Inc. (Silver Lake)
- Momentive Global Inc.
- Actus Software
- Engagedly, Inc.
- QuestionPro Survey Software
- Trakstar
- Lattice
- SurveySparrow, Inc.
- Smartsurvey
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe 360 Degree Feedback Software Market, by Application
1.4.2 Europe 360 Degree Feedback Software Market, by Type
1.4.3 Europe 360 Degree Feedback Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Force Analysis
Chapter 4. Europe 360 Degree Feedback Software Market by Application
4.1 Europe Corporate Market by Country
4.2 Europe Education Market by Country
4.3 Europe Travel & Hospitality Market by Country
4.4 Europe Retail Market by Country
4.5 Europe Healthcare Market by Country
Chapter 5. Europe 360 Degree Feedback Software Market by Type
5.1 Europe Installed Market by Country
5.2 Europe Web-based Market by Country
Chapter 6. Europe 360 Degree Feedback Software Market by Country
6.1 Germany 360 Degree Feedback Software Market
6.1.1 Germany 360 Degree Feedback Software Market by Application
6.1.2 Germany 360 Degree Feedback Software Market by Type
6.2 UK 360 Degree Feedback Software Market
6.2.1 UK 360 Degree Feedback Software Market by Application
6.2.2 UK 360 Degree Feedback Software Market by Type
6.3 France 360 Degree Feedback Software Market
6.3.1 France 360 Degree Feedback Software Market by Application
6.3.2 France 360 Degree Feedback Software Market by Type
6.4 Russia 360 Degree Feedback Software Market
6.4.1 Russia 360 Degree Feedback Software Market by Application
6.4.2 Russia 360 Degree Feedback Software Market by Type
6.5 Spain 360 Degree Feedback Software Market
6.5.1 Spain 360 Degree Feedback Software Market by Application
6.5.2 Spain 360 Degree Feedback Software Market by Type
6.6 Italy 360 Degree Feedback Software Market
6.6.1 Italy 360 Degree Feedback Software Market by Application
6.6.2 Italy 360 Degree Feedback Software Market by Type
6.7 Rest of Europe 360 Degree Feedback Software Market
6.7.1 Rest of Europe 360 Degree Feedback Software Market by Application
6.7.2 Rest of Europe 360 Degree Feedback Software Market by Type
Chapter 7. Company Profiles
7.1 Explorance Inc.
7.1.1 Company Overview
7.1.2 Recent strategies and developments:
7.1.2.1 Partnerships, Collaborations, and Agreements:
7.1.2.2 Product Launches and Product Expansions:
7.1.3 SWOT Analysis
7.2 Qualtrics International Inc. (Silver Lake)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Research & Development Expenses
7.2.4 Recent strategies and developments:
7.2.4.1 Partnerships, Collaborations, and Agreements:
7.2.4.2 Acquisition and Mergers:
7.2.5 SWOT Analysis
7.3 Momentive Global Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 Actus Software
7.4.1 Company Overview
7.4.2 SWOT Analysis
7.5 Engagedly, Inc.
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 Questionpro Survey Software
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 Trakstar
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Lattice
7.8.1 Company Overview
7.9 SurveySparrow, Inc.
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. Smartsurvey
7.10.1 Company Overview
7.10.2 SWOT Analysis
TABLE 1 Europe 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 2 Europe 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 3 Europe 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 4 Europe 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 5 Europe Corporate Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Corporate Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Education Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Education Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Travel & Hospitality Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Travel & Hospitality Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Retail Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Retail Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 16 Europe 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 17 Europe Installed Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Installed Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Web-based Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Web-based Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe 360 Degree Feedback Software Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe 360 Degree Feedback Software Market by Country, 2023 - 2030, USD Million
TABLE 23 Germany 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 24 Germany 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 25 Germany 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 26 Germany 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 27 Germany 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 28 Germany 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 29 UK 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 30 UK 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 31 UK 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 32 UK 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 33 UK 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 34 UK 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 35 France 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 36 France 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 37 France 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 38 France 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 39 France 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 40 France 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 41 Russia 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 42 Russia 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 43 Russia 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 44 Russia 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 45 Russia 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 46 Russia 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 47 Spain 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 48 Spain 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 49 Spain 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 50 Spain 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 51 Spain 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 52 Spain 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 53 Italy 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 54 Italy 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 55 Italy 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 56 Italy 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 57 Italy 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 58 Italy 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 59 Rest of Europe 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 60 Rest of Europe 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 61 Rest of Europe 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 62 Rest of Europe 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 63 Rest of Europe 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 64 Rest of Europe 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 65 Key Information – Explorance Inc.
TABLE 66 Key Information – Qualtrics International Inc.
TABLE 67 Key Information – Momentive Global Inc.
TABLE 68 Key Information – Actus Software
TABLE 69 Key Information – Engagedly, Inc.
TABLE 70 Key Information – QuestionPro Survey Software
TABLE 71 Key Information – Trakstar
TABLE 72 Key Information – Lattice
TABLE 73 Key Information – SurveySparrow, Inc.
TABLE 74 Key Information – Smartsurvey
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe 360 Degree Feedback Software Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting 360 Degree Feedback Software Market
FIG 4 Porter’s Five Force Analysis: 360 Degree Feedback Software Market
FIG 5 Europe 360 Degree Feedback Software Market share by Application, 2022
FIG 6 Europe 360 Degree Feedback Software Market share by Application, 2030
FIG 7 Europe 360 Degree Feedback Software Market by Application, 2019 - 2030, USD Million
FIG 8 Europe 360 Degree Feedback Software Market share by Type, 2022
FIG 9 Europe 360 Degree Feedback Software Market share by Type, 2030
FIG 10 Europe 360 Degree Feedback Software Market by Type, 2019 - 2030, USD Million
FIG 11 Europe 360 Degree Feedback Software Market share by Country, 2022
FIG 12 Europe 360 Degree Feedback Software Market share by Country, 2030
FIG 13 Europe 360 Degree Feedback Software Market by Country, 2019 - 2030, USD Million
FIG 14 Recent strategies and developments: Explorance Inc.
FIG 15 SWOT Analysis: Explorance Inc.
FIG 16 Recent strategies and developments: Qualtrics International Inc.
FIG 17 SWOT Analysis: Qualtrics International Inc.
FIG 18 SWOT Analysis: MOMENTIVE GLOBAL INC.
FIG 19 SWOT Analysis: Actus Software
FIG 20 SWOT Analysis: Engagedly, Inc.
FIG 21 SWOT Analysis: QuestionPro Survey Software
FIG 22 SWOT Analysis: Trakstar
FIG 23 SWOT Analysis: SurveySparrow, Inc.
FIG 24 SWOT Analysis: Smartsurvey