Global Performance Appraisal and Management Software Market 2016-2020

  • ID: 3972230
  • Report
  • Region: Global
  • 54 pages
  • TechNavio
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • Actus
  • Cornerstone OnDemand
  • Insperity
  • Performly
  • Saba
  • Trakstar
  • MORE
About Performance Appraisal and Management Software

Performance appraisal is the process of the evaluation of the employees by the manager. Evaluation is based on the employee's overall contribution to the organization. It also aids in analyzing the abilities and skills of an employee for their future growth. Web-based performance management software system offers performance review, 360-degree feedback, learning content integration and compensation.
The analysts forecast the global performance appraisal and management software market to grow at a CAGR of 8.45% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global performance appraisal and management software market for 2016-2020. To calculate the market size, the report considers the revenue of large, small, and medium enterprises that provide the performance appraisal and management software across the globe.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Performance Appraisal and Management Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Oracle
- Saba
- SAP SuccessFactors
- SumTotal Systems
- Ultimate Software

Other prominent vendors
- Actus
- bambooHR
- breatheHR
- Cornerstone OnDemand
- Hirezon Corporation
- Impraise
- Insperity
- Performly
- Namely
- RedSpotHR.com
- Reviewsnap
- Trakstar
- Zoho Corporation

Market drivers
- Need for simplified performance appraisal process
- For a full, detailed list, view the full report

Market challenges
- Data security and privacy
- For a full, detailed list, view the full report

Market trends
- Replacing traditional appraisal process with new approach
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Actus
  • Cornerstone OnDemand
  • Insperity
  • Performly
  • Saba
  • Trakstar
  • MORE
Part 01: Executive summary
  • Key findings
Part 02: Scope of the report
  • Market overview
  • Top-vendor offerings
Part 03: Market research methodology
  • Research methodology
  • Economic indicators
Part 04: Introduction
  • Key market highlights
Part 05: Market landscape
  • Difference between performance appraisal and performance management
Part 06: Performance appraisal process
  • Procedure of the performance appraisal
Part 07: Market developments
  • The future of performance management and reviews
  • Crowdsourced performance review
Part 08: Market size and forecast
  • Global performance appraisal and management software market
Part 09: Geographical segmentation
  • Global performance appraisal and management software market by geography
  • Performance appraisal and management software market in Americas
  • Performance appraisal and management software market in APAC
  • Performance appraisal and management software market in EMEA
Part 10: Market drivers
  • Need for simplified performance appraisal process
  • Need for 360-degree feedback
  • Increased demand for SaaS-based appraisal and management software
  • Growing need for cost-efficient solutions
Part 11: Impact of drivers

Part 12: Market challenges
  • Data security and privacy
  • Threat from open-source software
  • High implementation and maintenance costs
Part 13: Impact of drivers and challenges

Part 14: Market trends
  • Replacing traditional appraisal process with new approach
  • In-the-moment feedback policy of colleagues and managers
  • Proliferation of mobile devices in performance review
Part 15: Buying criteria
  • Buying criteria
Part 16: Five forces analysis

Part 17: Vendor landscape
  • Competitive landscape
  • Vendor rating
Part 18: Key vendor profiles
  • Oracle
  • Saba
  • SAP SuccessFactors
  • SumTotal Systems
  • Ultimate Software
  • Other prominent vendors
Part 19: Mergers and acquisitions
  • Key M&As by vendors
Part 20: Assumptions
  • Market assumptions
Part 21: Appendix
  • List of abbreviations
Part 22: About the Author

List of Exhibits
Exhibit 01: Overview of market revenue in different regions
Exhibit 02: Countries considered in the global performance appraisal management software market
Exhibit 03: Product offerings
Exhibit 04: Overview of HCM
Exhibit 05: Comparison chart of performance appraisal and performance management
Exhibit 06: Performance appraisal process
Exhibit 07: Global performance appraisal and management software market 2015-2020 ($ billions)
Exhibit 08: Global performance appraisal and management software market by geography 2015 (%)
Exhibit 09: Global performance appraisal and management software market by geography 2020 (%)
Exhibit 10: Performance appraisal software and management market in Americas 2015-2020 ($ billions)
Exhibit 11: Performance appraisal and management software market in APAC 2015-2020 ($ billions)
Exhibit 12: Performance appraisal and management software market in EMEA 2015-2020 ($ billions)
Exhibit 13: Impact of drivers
Exhibit 14: Impact of drivers and challenges
Exhibit 15: Buying criteria for performance appraisal and management software
Exhibit 16: Five forces analysis
Exhibit 17: Vendor rating in performance appraisal and performance management software market
Exhibit 18: Major M&As in the market
Exhibit 19: Market assumptions
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Actus
  • Cornerstone OnDemand
  • Insperity
  • Performly
  • Saba
  • Trakstar
  • MORE
New Report Released: – Global Performance Appraisal and Management Software Market 2016-2020

The author of the report recognizes the following companies as the key players in the global performance appraisal and management software market: Oracle, Saba, SAP SuccessFactors, SumTotal Systems, and Ultimate Software.

Other Prominent Vendors in the market are: Actus, bambooHR, breatheHR, Cornerstone OnDemand, Hirezon Corporation, Impraise, Insperity, Performly, Namely, RedSpotHR.com, Reviewsnap, Trakstar, and Zoho Corporation.

Commenting on the report, an analyst from the research team said: “The performance management is no more viewed as a one-off annual meeting. The new performance management trends are emphasising the fact that performance management should be a constant process. Managers are giving in-the-moment feedback to employees on their work and continuous coaching to improve performance. Several companies are renovating their employee strategies in line with new trends.”

According to the report, need for simplified performance appraisal process will drive the market. The traditional performance management has been criticised because it was a tedious task for managers. Many companies are deploying performance management software to ensure that managers can easily supervise the employee goals and track the progress of the employees

Further, the report states that Open-source recruitment software is posing as stiff competition for on-premises and cloud-based performance appraisal software. It is especially popular in developing economies such as India and China. This is mainly because of inadequate capital to invest in the expensive on-premises and cloud-based performance appraisal software. Thus, open source software tends to be a very economical solution for organizations with limited resources and expertise availability.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
  • Oracle
  • Saba
  • SAP SuccessFactors
  • SumTotal Systems
  • Ultimate Software
  • Actus
  • bambooHR
  • breatheHR
  • Cornerstone OnDemand
  • Hirezon Corporation
  • Impraise
  • Insperity
  • Performly
  • Namely
  • RedSpotHRcom
  • Reviewsnap
  • Trakstar
  • Zoho Corporation
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll