The Employee Experience Management Market is Predict to reach $14.3 Billion by 2030, at a CAGR of 11.2%

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Employee Experience Management Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Employee Experience Management Market size is expected to reach $14.3 billion by 2030, rising at a market growth of 11.2% CAGR during the forecast period.

The Software segment is leading the Global Employee Experience Management Market by Offering in 2022 thereby, achieving a market value of $10 billion by 2030. Performance management software facilitates continuous performance evaluations, goal setting, and feedback mechanisms. These platforms help organizations track individual and team performance, align goals with organizational objectives, and provide a framework for ongoing development discussions. Recognition and rewards software fosters a positive and appreciative workplace culture. These platforms allow organizations to acknowledge and reward employee achievements, milestones, and contributions, promoting a sense of value and motivation.

The BFSI segment is experiencing a CAGR of 10.9% during (2023 - 2030). Banking and financial institutions leverage EXM strategies to attract top talent, provide a positive candidate experience during the hiring process, and ensure a seamless onboarding experience for new hires. This includes using technology to streamline application processes and creating engaging onboarding programs. In the BFSI segment, where employees often face high-pressure environments, EXM fosters a culture of employee engagement and well-being. This involves employee recognition programs, wellness programs, and surveys to gauge employee satisfaction and sentiment.

Full Report: https://www.kbvresearch.com/employee-experience-management-market/

The North America region dominated the Global Employee Experience Management Market by Region in 2022 thereby, achieving a market value of $5.1 billion by 2030, growing at a CAGR of 10.5 % during the forecast period. The Europe region would witness a CAGR of 10.8% during (2023 - 2030). Additionally, The Asia Pacific region is experiencing a CAGR of 12% during (2023 - 2030).

List of Key Companies Profiled

SAP SE
Oracle Corporation
Microsoft Corporation
Workday, Inc.
Zoom Video Communications, Inc.
Qualtrics International Inc. (Silver Lake)
SurveySparrow, Inc.
15Five, Inc.
Culture Amp Pty Ltd.
Kudos, Inc.

Employee Experience Management Market Report Segmentation

By Offering

Software
- Standalone Software
  - Employee Engagement
  - Employee Recognition & Rewards
  - Employee Survey & Feedback
  - Employee Performance Management
  - Others
- Integrated Software
Services

By Industry

By Geography

North America
- US
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA