The Latin America, Middle East and Africa 360 Degree Feedback Software Market would witness market growth of 13.6% CAGR during the forecast period (2023-2030).
Various levels of success have been achieved in implementing 360-degree assessments by school boards, universities, and educational organizations. Because they believe that the assessments will change the power dynamic and put their students' futures in their students' hands, some academics and teachers oppose the proposal. Others, on the other hand, view evaluation as a useful tool for fostering personal growth and fostering learning-friendly learning environments in educational settings.
In Sub-Saharan Africa, where postsecondary education graduates are expected to earn an additional 21%, these strong returns are considerably higher. Global tertiary education enrolment has increased to over 220 million presently. With the expansion of the sector, the value of these solutions will also increase.
Businesses of all sizes can now more easily employ 360-degree feedback software because of the development of sophisticated and user-friendly versions. Its popularity is boosted by integration with other HR and talent management systems, making it a useful tool for businesses wishing to automate their HR procedures. For the purpose of developing their personnel management and development plans, organizations increasingly depend on data-driven insights. In order to spot trends, patterns, and areas for improvement in a workforce these software offers useful data that can be evaluated.
The UAE has a very favorable business climate (9th), a strong labor market (26th), a safe and secure environment (7th), and a high level of ICT readiness (15th to 4th). The consequence is that T&T has good conditions for investment and growth. In order to satisfy the always-changing expectations of the business, tourism and hospitality organizations can use 360 degree feedback software to empower their staff, provide great service, and foster a customer-centric culture. The aforementioned factors will therefore allow the regional market to expand favorably throughout the projected period.
The Brazil market dominated the LAMEA 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 $34.9 million by 2030. The Argentina market is showcasing a CAGR of 14.2% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 13.3% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA 360 Degree Feedback Software Market, by Application
1.4.2 LAMEA 360 Degree Feedback Software Market, by Type
1.4.3 LAMEA 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. LAMEA 360 Degree Feedback Software Market by Application
4.1 LAMEA Corporate Market by Country
4.2 LAMEA Education Market by Country
4.3 LAMEA Travel & Hospitality Market by Country
4.4 LAMEA Retail Market by Country
4.5 LAMEA Healthcare Market by Country
Chapter 5. LAMEA 360 Degree Feedback Software Market by Type
5.1 LAMEA Installed Market by Country
5.2 LAMEA Web-based Market by Country
Chapter 6. LAMEA 360 Degree Feedback Software Market by Country
6.1 Brazil 360 Degree Feedback Software Market
6.1.1 Brazil 360 Degree Feedback Software Market by Application
6.1.2 Brazil 360 Degree Feedback Software Market by Type
6.2 Argentina 360 Degree Feedback Software Market
6.2.1 Argentina 360 Degree Feedback Software Market by Application
6.2.2 Argentina 360 Degree Feedback Software Market by Type
6.3 UAE 360 Degree Feedback Software Market
6.3.1 UAE 360 Degree Feedback Software Market by Application
6.3.2 UAE 360 Degree Feedback Software Market by Type
6.4 Saudi Arabia 360 Degree Feedback Software Market
6.4.1 Saudi Arabia 360 Degree Feedback Software Market by Application
6.4.2 Saudi Arabia 360 Degree Feedback Software Market by Type
6.5 South Africa 360 Degree Feedback Software Market
6.5.1 South Africa 360 Degree Feedback Software Market by Application
6.5.2 South Africa 360 Degree Feedback Software Market by Type
6.6 Nigeria 360 Degree Feedback Software Market
6.6.1 Nigeria 360 Degree Feedback Software Market by Application
6.6.2 Nigeria 360 Degree Feedback Software Market by Type
6.7 Rest of LAMEA 360 Degree Feedback Software Market
6.7.1 Rest of LAMEA 360 Degree Feedback Software Market by Application
6.7.2 Rest of LAMEA 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 LAMEA 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 2 LAMEA 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 3 LAMEA 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 4 LAMEA 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 5 LAMEA Corporate Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Corporate Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Education Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Education Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Travel & Hospitality Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Travel & Hospitality Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Retail Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Retail Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 16 LAMEA 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 17 LAMEA Installed Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Installed Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Web-based Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Web-based Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA 360 Degree Feedback Software Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA 360 Degree Feedback Software Market by Country, 2023 - 2030, USD Million
TABLE 23 Brazil 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 24 Brazil 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 25 Brazil 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 26 Brazil 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 27 Brazil 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 28 Brazil 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 29 Argentina 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 30 Argentina 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 31 Argentina 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 32 Argentina 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 33 Argentina 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 34 Argentina 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 35 UAE 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 36 UAE 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 37 UAE 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 38 UAE 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 39 UAE 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 40 UAE 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 41 Saudi Arabia 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 42 Saudi Arabia 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 43 Saudi Arabia 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 44 Saudi Arabia 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 45 Saudi Arabia 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 46 Saudi Arabia 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 47 South Africa 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 48 South Africa 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 49 South Africa 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 50 South Africa 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 51 South Africa 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 52 South Africa 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 53 Nigeria 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 54 Nigeria 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 55 Nigeria 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 56 Nigeria 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 57 Nigeria 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 58 Nigeria 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 59 Rest of LAMEA 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 60 Rest of LAMEA 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 61 Rest of LAMEA 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 62 Rest of LAMEA 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 63 Rest of LAMEA 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 64 Rest of LAMEA 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 LAMEA 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 LAMEA 360 Degree Feedback Software Market share by Application, 2022
FIG 6 LAMEA 360 Degree Feedback Software Market share by Application, 2030
FIG 7 LAMEA 360 Degree Feedback Software Market by Application, 2019 - 2030, USD Million
FIG 8 LAMEA 360 Degree Feedback Software Market share by Type, 2022
FIG 9 LAMEA 360 Degree Feedback Software Market share by Type, 2030
FIG 10 LAMEA 360 Degree Feedback Software Market by Type, 2019 - 2030, USD Million
FIG 11 LAMEA 360 Degree Feedback Software Market share by Country, 2022
FIG 12 LAMEA 360 Degree Feedback Software Market share by Country, 2030
FIG 13 LAMEA 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