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Japan Employee Engagement and Feedback Software Market – Industry Dynamics, Market Size, and Opportunity Forecast to 2027

Japan Employee Engagement and Feedback Software Market By Delivery (Standalone, Integrated); By Deployment (Cloud, On-Premises); By Offering (Customized, Turnkey); By Content (Surveys, Workflow, Automation, Action, Planning, Others); By Platform (Desktop, Mobile); By Enterprise size (Small Enterprise, Medium Enterprise, Large Enterprise)- Industry Dynamics, Market Size, Opportunity, and Forecast To 2027

  • Published Date: 12-Aug-2021  |   Format: pdfpowerpointexcel  |  Report ID: AA0821087  | Delivery:
Japan Employee Engagement and Feedback Software Market

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In 2020, the Japan employee engagement and feedback software market was US$ 59.0 million.

Japan employee engagement and feedback software market is growing at a CAGR of 9.1% over the forecast period 2021-2027.

Companies in the market face a high threat of substitutes due to the easy availability of personalized solutions that vary by organization size. In addition, a lack of technical management abilities leaves room for traditional ways of personnel management.

Increase in the number of organizations along with implementation of advance technologies and adoption of smartphones are expected to propel the employee engagement market forward.

Low awareness level of benefits and high capital investment for integration of employee engagement software, may limit the market's growth.

Employee satisfaction and management have improved as a result of the use of big data analytics for employee management, which is advantageous to both employees and the firm.

Mobile is growing at the highest CAGR of about 9.6% over 2021- 2027.

Employee engagement and feedback software market is observed to be monopolistic competition and is projected to shift towards oligopoly nature in the forecast period.

The report covers the following segments: delivery, deployment, offering, content, platform and enterprise size.

Some key players operating in the Japan employee engagement market include Qualtrics, Culture Amp, Saba Software, Achievers, Reflektive and others.

The key strategies adopted by market players include mergers and acquisitions, partnerships, regional expansion, enhancement of existing software and new product and services development.

Employee engagement and feedback software saw growing demand during COVID-19, owing to the increased importance of feedback among organizations. Technology has made it easier for remote workers to collaborate while working from home. As a result, in Japan, employee engagement has become a critical priority.