The North America 360 Degree Feedback Software Market would witness market growth of 9.8% CAGR during the forecast period (2023-2030).
Businesses can get input from employees' peers, managers, and direct reports using 360 degree feedback technologies. This software aids in obtaining insight into the performance of their employees. The program assists in producing insights and setting goals for the staff based on the feedback results to ensure their performance. In order to improve delivery and facilitate workflow for companies, many market players have included new technology in their product offerings.
The desire for cutting-edge capabilities like inventory tracking, customer data management, sales monitoring, and reporting will likely increase the usage of 360 degree feedback software across various businesses. The ability to better understand oneself is one of the most significant advantages of getting 360 degree feedback for a worker. A thorough report detailing the participants' strengths and opportunities for development is provided. Insight into their actions and how others inside the company view them is provided to the staff members as a result. When the individual contrasts their evaluation with the raters, a greater insight is attained.
Starting in 2020, the Bureau of Economic Analysis (BEA) of the U.S. Department of Commerce started tracking the services trade in online education and electronic online courses under the title "Other Personal, Cultural, and Recreational - Education Services." Online learning and online correspondence courses are part of the EdTech sector. In 2019, the United States exported education services worth $2.3 billion, according to the Bureau of Economic Analysis. The use of 360-degree feedback tools in the classroom promotes a more honest, open, and welcoming atmosphere where teachers may address concerns with colleagues openly and receive insightful advice from their peers. Therefore, during the projected period, the regional market will expand rapidly due to this boom in the education sector.
The US market dominated the North America 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 $453.3 million by 2030. The Canada market is experiencing a CAGR of 12.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 11.3% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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 North America 360 Degree Feedback Software Market, by Application
1.4.2 North America 360 Degree Feedback Software Market, by Type
1.4.3 North America 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. North America 360 Degree Feedback Software Market by Application
4.1 North America Corporate Market by Country
4.2 North America Education Market by Country
4.3 North America Travel & Hospitality Market by Country
4.4 North America Retail Market by Country
4.5 North America Healthcare Market by Country
Chapter 5. North America 360 Degree Feedback Software Market by Type
5.1 North America Installed Market by Country
5.2 North America Web-based Market by Country
Chapter 6. North America 360 Degree Feedback Software Market by Country
6.1 US 360 Degree Feedback Software Market
6.1.1 US 360 Degree Feedback Software Market by Application
6.1.2 US 360 Degree Feedback Software Market by Type
6.2 Canada 360 Degree Feedback Software Market
6.2.1 Canada 360 Degree Feedback Software Market by Application
6.2.2 Canada 360 Degree Feedback Software Market by Type
6.3 Mexico 360 Degree Feedback Software Market
6.3.1 Mexico 360 Degree Feedback Software Market by Application
6.3.2 Mexico 360 Degree Feedback Software Market by Type
6.4 Rest of North America 360 Degree Feedback Software Market
6.4.1 Rest of North America 360 Degree Feedback Software Market by Application
6.4.2 Rest of North America 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 North America 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 2 North America 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 3 North America 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 4 North America 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 5 North America Corporate Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Corporate Market by Country, 2023 - 2030, USD Million
TABLE 7 North America Education Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Education Market by Country, 2023 - 2030, USD Million
TABLE 9 North America Travel & Hospitality Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Travel & Hospitality Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Retail Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Retail Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 15 North America 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 16 North America 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 17 North America Installed Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Installed Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Web-based Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Web-based Market by Country, 2023 - 2030, USD Million
TABLE 21 North America 360 Degree Feedback Software Market by Country, 2019 - 2022, USD Million
TABLE 22 North America 360 Degree Feedback Software Market by Country, 2023 - 2030, USD Million
TABLE 23 US 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 24 US 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 25 US 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 26 US 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 27 US 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 28 US 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 29 Canada 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 30 Canada 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 31 Canada 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 32 Canada 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 33 Canada 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 34 Canada 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 35 Mexico 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 36 Mexico 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 37 Mexico 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 38 Mexico 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 39 Mexico 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 40 Mexico 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 41 Rest of North America 360 Degree Feedback Software Market, 2019 - 2022, USD Million
TABLE 42 Rest of North America 360 Degree Feedback Software Market, 2023 - 2030, USD Million
TABLE 43 Rest of North America 360 Degree Feedback Software Market by Application, 2019 - 2022, USD Million
TABLE 44 Rest of North America 360 Degree Feedback Software Market by Application, 2023 - 2030, USD Million
TABLE 45 Rest of North America 360 Degree Feedback Software Market by Type, 2019 - 2022, USD Million
TABLE 46 Rest of North America 360 Degree Feedback Software Market by Type, 2023 - 2030, USD Million
TABLE 47 Key Information – Explorance Inc.
TABLE 48 Key Information – Qualtrics International Inc.
TABLE 49 Key Information – Momentive Global Inc.
TABLE 50 Key Information – Actus Software
TABLE 51 Key Information – Engagedly, Inc.
TABLE 52 Key Information – QuestionPro Survey Software
TABLE 53 Key Information – Trakstar
TABLE 54 Key Information – Lattice
TABLE 55 Key Information – SurveySparrow, Inc.
TABLE 56 Key Information – Smartsurvey
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America 360 Degree Feedback Software Market share by Application, 2022
FIG 6 North America 360 Degree Feedback Software Market share by Application, 2030
FIG 7 North America 360 Degree Feedback Software Market by Application, 2019 - 2030, USD Million
FIG 8 North America 360 Degree Feedback Software Market share by Type, 2022
FIG 9 North America 360 Degree Feedback Software Market share by Type, 2030
FIG 10 North America 360 Degree Feedback Software Market by Type, 2019 - 2030, USD Million
FIG 11 North America 360 Degree Feedback Software Market share by Country, 2022
FIG 12 North America 360 Degree Feedback Software Market share by Country, 2030
FIG 13 North America 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