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Employee Recognition and Reward System Market By Component, By Deployment Mode, By Enterprise Size, By Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2023-2032

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    Report

  • 356 Pages
  • December 2023
  • Region: Global
  • Allied Market Research
  • ID: 5927276
The Employee recognition and reward system Market was valued for $15,820.00 million in 2022 and is estimated to reach $65,332.47 million by 2032, exhibiting a CAGR of 15.6% from 2023 to 2032. The market for employee recognition and reward systems is the segment of the economy that specializes in offering all-inclusive products and services that help businesses recognize, value, and compensate their workers for their contributions. The development and application of initiatives, platforms, and tactics aimed at improving worker motivation, engagement, and general job satisfaction are the main focuses of this market. Market-wide recognition programs comprise both formal and informal means of recognizing individual and group accomplishments. These include manager-led gratitude campaigns, peer recognition, and employee of the month awards. Moreover, in order to recognize and inspire employees, reward systems include monetary incentives and material perks. This could take the form of cash incentives, gift cards, more vacation time, or intangible benefits like flexible work schedules. The growing awareness among organizations of the benefits of employee recognition on workplace culture, productivity, and talent retention is driving the market for employee recognition and reward systems. Furthermore, the market responds to companies' efforts to establish work cultures that recognize and reward employee contributions by offering a range of solutions designed to satisfy various organizational requirements. Essentially, the market tackles the critical significance of rewarding and recognizing workers as a calculated move towards creating a healthy workplace culture, increasing employee's engagement, and eventually boosting an organization's overall performance.

Furthermore, surge in strategic staff engagement and output and attracting and retaining talent in competitive markets primarily drive the growth of the employee recognition and reward system market. However, budgetary restrictions and ROI Issues and opposition to shift and harmonization with culture hamper market growth to some extent. Moreover, data-driven personalization and decision-making is expected to provide lucrative opportunities for market growth during the forecast period.

On the basis of deployment mode, on-premise segment dominated the employee recognition and reward system market in 2022 and is expected to maintain its dominance in the upcoming years owing to offer a higher level of data protection and security and also easily integrate the system with other internal systems and procedures while customizing it that satisfy their unique requirements propels the market growth significantly. However, the cloud segment is expected to witness the highest growth, owing to the scalability and flexibility of cloud-based solutions and massive volumes of employee data, including performance indicators, feedback, and recognition history, are easily gathered and analyzed.

The employee recognition and reward system market is segmented on the basis of component, enterprise size, deployment mode, end user, and region. On the basis of component, it is divided into solutions and services. On the basis of enterprise size, it is bifurcated into large enterprise and small and medium-sized enterprises. On the basis of deployment mode, it is bifurcated into on-premise and cloud. On the basis of end user, it is fragmented into IT and telecom, healthcare, manufacturing, transportation and logistics, BFSI, retail and others. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the market include Salesforce, Inc. UKG Inc., Kudos®, Inc., Dash Solutions, Inc, Terryberry, BI WORLDWIDE™, Motivosity Inc. O.C. Tanner, and Smartly, Inc. Furthermore, it highlights the strategies of the key players to improve the market share and sustain competition.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the employee recognition and reward system market analysis from 2022 to 2032 to identify the prevailing employee recognition and reward system market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the employee recognition and reward system market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global employee recognition and reward system market trends, key players, market segments, application areas, and market growth strategies.

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  • Quarterly Update and* (only available with a corporate license, on listed price)
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  • Market share analysis of players by products/segments
  • Regulatory Guidelines
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  • Additional company profiles with specific to client's interest
  • Expanded list for Company Profiles
  • Historic market data
  • Key player details (including location, contact details, supplier/vendor network etc. in excel format)
  • Market share analysis of players at global/region/country level
  • SWOT Analysis

Key Market Segments

By Component

  • Solution
  • Services

By Deployment Mode

  • On-premise
  • Cloud

By Enterprise Size

  • Large Enterprise
  • Small and Medium-size Enterprise

By Industry Vertical

  • Manufacturing
  • Healthcare
  • IT and Telecom
  • BFSI
  • Retail
  • Transportation and Logistics
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa
Key Market Players
  • Salesforce, Inc.
  • UKG Inc.
  • Kudos®, Inc.
  • Dash Solutions, Inc
  • Terryberry
  • BI WORLDWIDE™
  • Motivosity Inc.
  • O.C. Tanner
  • Smartly, Inc
  • Workstars

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Low bargaining power of suppliers
3.3.2. Low threat of new entrants
3.3.3. Low threat of substitutes
3.3.4. Low intensity of rivalry
3.3.5. Low bargaining power of buyers
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Strategic Staff Engagement and Output
3.4.1.2. Attracting and Retaining Talent in Competitive Markets
3.4.2. Restraints
3.4.2.1. Budgetary Restrictions and ROI Issues
3.4.2.2. Opposition to Shift and Harmonization with Culture
3.4.3. Opportunities
3.4.3.1. Data-Driven Personalization and Decision-Making
CHAPTER 4: EMPLOYEE RECOGNITION AND REWARD SYSTEM MARKET, BY COMPONENT
4.1. Overview
4.1.1. Market size and forecast
4.2. Solution
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Services
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
CHAPTER 5: EMPLOYEE RECOGNITION AND REWARD SYSTEM MARKET, BY DEPLOYMENT MODE
5.1. Overview
5.1.1. Market size and forecast
5.2. On-premise
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Cloud
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
CHAPTER 6: EMPLOYEE RECOGNITION AND REWARD SYSTEM MARKET, BY ENTERPRISE SIZE
6.1. Overview
6.1.1. Market size and forecast
6.2. Large Enterprise
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Small and Medium-size Enterprise
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
CHAPTER 7: EMPLOYEE RECOGNITION AND REWARD SYSTEM MARKET, BY INDUSTRY VERTICAL
7.1. Overview
7.1.1. Market size and forecast
7.2. Manufacturing
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by region
7.2.3. Market share analysis by country
7.3. Healthcare
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by region
7.3.3. Market share analysis by country
7.4. IT and Telecom
7.4.1. Key market trends, growth factors and opportunities
7.4.2. Market size and forecast, by region
7.4.3. Market share analysis by country
7.5. BFSI
7.5.1. Key market trends, growth factors and opportunities
7.5.2. Market size and forecast, by region
7.5.3. Market share analysis by country
7.6. Retail
7.6.1. Key market trends, growth factors and opportunities
7.6.2. Market size and forecast, by region
7.6.3. Market share analysis by country
7.7. Transportation and Logistics
7.7.1. Key market trends, growth factors and opportunities
7.7.2. Market size and forecast, by region
7.7.3. Market share analysis by country
7.8. Others
7.8.1. Key market trends, growth factors and opportunities
7.8.2. Market size and forecast, by region
7.8.3. Market share analysis by country
CHAPTER 8: EMPLOYEE RECOGNITION AND REWARD SYSTEM MARKET, BY REGION
8.1. Overview
8.1.1. Market size and forecast By Region
8.2. North America
8.2.1. Key market trends, growth factors and opportunities
8.2.2. Market size and forecast, by Component
8.2.3. Market size and forecast, by Deployment Mode
8.2.4. Market size and forecast, by Enterprise Size
8.2.5. Market size and forecast, by Industry Vertical
8.2.6. Market size and forecast, by country
8.2.6.1. U.S.
8.2.6.1.1. Market size and forecast, by Component
8.2.6.1.2. Market size and forecast, by Deployment Mode
8.2.6.1.3. Market size and forecast, by Enterprise Size
8.2.6.1.4. Market size and forecast, by Industry Vertical
8.2.6.2. Canada
8.2.6.2.1. Market size and forecast, by Component
8.2.6.2.2. Market size and forecast, by Deployment Mode
8.2.6.2.3. Market size and forecast, by Enterprise Size
8.2.6.2.4. Market size and forecast, by Industry Vertical
8.3. Europe
8.3.1. Key market trends, growth factors and opportunities
8.3.2. Market size and forecast, by Component
8.3.3. Market size and forecast, by Deployment Mode
8.3.4. Market size and forecast, by Enterprise Size
8.3.5. Market size and forecast, by Industry Vertical
8.3.6. Market size and forecast, by country
8.3.6.1. UK
8.3.6.1.1. Market size and forecast, by Component
8.3.6.1.2. Market size and forecast, by Deployment Mode
8.3.6.1.3. Market size and forecast, by Enterprise Size
8.3.6.1.4. Market size and forecast, by Industry Vertical
8.3.6.2. Germany
8.3.6.2.1. Market size and forecast, by Component
8.3.6.2.2. Market size and forecast, by Deployment Mode
8.3.6.2.3. Market size and forecast, by Enterprise Size
8.3.6.2.4. Market size and forecast, by Industry Vertical
8.3.6.3. France
8.3.6.3.1. Market size and forecast, by Component
8.3.6.3.2. Market size and forecast, by Deployment Mode
8.3.6.3.3. Market size and forecast, by Enterprise Size
8.3.6.3.4. Market size and forecast, by Industry Vertical
8.3.6.4. Italy
8.3.6.4.1. Market size and forecast, by Component
8.3.6.4.2. Market size and forecast, by Deployment Mode
8.3.6.4.3. Market size and forecast, by Enterprise Size
8.3.6.4.4. Market size and forecast, by Industry Vertical
8.3.6.5. Spain
8.3.6.5.1. Market size and forecast, by Component
8.3.6.5.2. Market size and forecast, by Deployment Mode
8.3.6.5.3. Market size and forecast, by Enterprise Size
8.3.6.5.4. Market size and forecast, by Industry Vertical
8.3.6.6. Rest of Europe
8.3.6.6.1. Market size and forecast, by Component
8.3.6.6.2. Market size and forecast, by Deployment Mode
8.3.6.6.3. Market size and forecast, by Enterprise Size
8.3.6.6.4. Market size and forecast, by Industry Vertical
8.4. Asia-Pacific
8.4.1. Key market trends, growth factors and opportunities
8.4.2. Market size and forecast, by Component
8.4.3. Market size and forecast, by Deployment Mode
8.4.4. Market size and forecast, by Enterprise Size
8.4.5. Market size and forecast, by Industry Vertical
8.4.6. Market size and forecast, by country
8.4.6.1. China
8.4.6.1.1. Market size and forecast, by Component
8.4.6.1.2. Market size and forecast, by Deployment Mode
8.4.6.1.3. Market size and forecast, by Enterprise Size
8.4.6.1.4. Market size and forecast, by Industry Vertical
8.4.6.2. Japan
8.4.6.2.1. Market size and forecast, by Component
8.4.6.2.2. Market size and forecast, by Deployment Mode
8.4.6.2.3. Market size and forecast, by Enterprise Size
8.4.6.2.4. Market size and forecast, by Industry Vertical
8.4.6.3. India
8.4.6.3.1. Market size and forecast, by Component
8.4.6.3.2. Market size and forecast, by Deployment Mode
8.4.6.3.3. Market size and forecast, by Enterprise Size
8.4.6.3.4. Market size and forecast, by Industry Vertical
8.4.6.4. Australia
8.4.6.4.1. Market size and forecast, by Component
8.4.6.4.2. Market size and forecast, by Deployment Mode
8.4.6.4.3. Market size and forecast, by Enterprise Size
8.4.6.4.4. Market size and forecast, by Industry Vertical
8.4.6.5. South Korea
8.4.6.5.1. Market size and forecast, by Component
8.4.6.5.2. Market size and forecast, by Deployment Mode
8.4.6.5.3. Market size and forecast, by Enterprise Size
8.4.6.5.4. Market size and forecast, by Industry Vertical
8.4.6.6. Rest of Asia-Pacific
8.4.6.6.1. Market size and forecast, by Component
8.4.6.6.2. Market size and forecast, by Deployment Mode
8.4.6.6.3. Market size and forecast, by Enterprise Size
8.4.6.6.4. Market size and forecast, by Industry Vertical
8.5. LAMEA
8.5.1. Key market trends, growth factors and opportunities
8.5.2. Market size and forecast, by Component
8.5.3. Market size and forecast, by Deployment Mode
8.5.4. Market size and forecast, by Enterprise Size
8.5.5. Market size and forecast, by Industry Vertical
8.5.6. Market size and forecast, by country
8.5.6.1. Latin America
8.5.6.1.1. Market size and forecast, by Component
8.5.6.1.2. Market size and forecast, by Deployment Mode
8.5.6.1.3. Market size and forecast, by Enterprise Size
8.5.6.1.4. Market size and forecast, by Industry Vertical
8.5.6.2. Middle East
8.5.6.2.1. Market size and forecast, by Component
8.5.6.2.2. Market size and forecast, by Deployment Mode
8.5.6.2.3. Market size and forecast, by Enterprise Size
8.5.6.2.4. Market size and forecast, by Industry Vertical
8.5.6.3. Africa
8.5.6.3.1. Market size and forecast, by Component
8.5.6.3.2. Market size and forecast, by Deployment Mode
8.5.6.3.3. Market size and forecast, by Enterprise Size
8.5.6.3.4. Market size and forecast, by Industry Vertical
CHAPTER 9: COMPETITIVE LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product mapping of top 10 player
9.4. Competitive dashboard
9.5. Competitive heatmap
9.6. Top player positioning, 2022
CHAPTER 10: COMPANY PROFILES
10.1. Kudos®, Inc.
10.1.1. Company overview
10.1.2. Key executives
10.1.3. Company snapshot
10.1.4. Operating business segments
10.1.5. Product portfolio
10.1.6. Key strategic moves and developments
10.2. Dash Solutions, Inc
10.2.1. Company overview
10.2.2. Key executives
10.2.3. Company snapshot
10.2.4. Operating business segments
10.2.5. Product portfolio
10.2.6. Key strategic moves and developments
10.3. BI WORLDWIDE™
10.3.1. Company overview
10.3.2. Key executives
10.3.3. Company snapshot
10.3.4. Operating business segments
10.3.5. Product portfolio
10.4. Terryberry
10.4.1. Company overview
10.4.2. Key executives
10.4.3. Company snapshot
10.4.4. Operating business segments
10.4.5. Product portfolio
10.4.6. Key strategic moves and developments
10.5. Motivosity Inc.
10.5.1. Company overview
10.5.2. Key executives
10.5.3. Company snapshot
10.5.4. Operating business segments
10.5.5. Product portfolio
10.5.6. Key strategic moves and developments
10.6. Salesforce, Inc.
10.6.1. Company overview
10.6.2. Key executives
10.6.3. Company snapshot
10.6.4. Operating business segments
10.6.5. Product portfolio
10.6.6. Business performance
10.6.7. Key strategic moves and developments
10.7. Smartly, Inc
10.7.1. Company overview
10.7.2. Key executives
10.7.3. Company snapshot
10.7.4. Operating business segments
10.7.5. Product portfolio
10.7.6. Key strategic moves and developments
10.8. O.C. Tanner
10.8.1. Company overview
10.8.2. Key executives
10.8.3. Company snapshot
10.8.4. Operating business segments
10.8.5. Product portfolio
10.8.6. Key strategic moves and developments
10.9. UKG Inc.
10.9.1. Company overview
10.9.2. Key executives
10.9.3. Company snapshot
10.9.4. Operating business segments
10.9.5. Product portfolio
10.9.6. Key strategic moves and developments
10.10. Workstars
10.10.1. Company overview
10.10.2. Key executives
10.10.3. Company snapshot
10.10.4. Operating business segments
10.10.5. Product portfolio
10.10.6. Key strategic moves and developments
List of Tables
Table 01. Global Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 02. Employee Recognition and Reward System Market for Solution, by Region, 2022-2032 ($Million)
Table 03. Employee Recognition and Reward System Market for Services, by Region, 2022-2032 ($Million)
Table 04. Global Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 05. Employee Recognition and Reward System Market for On-Premise, by Region, 2022-2032 ($Million)
Table 06. Employee Recognition and Reward System Market for Cloud, by Region, 2022-2032 ($Million)
Table 07. Global Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 08. Employee Recognition and Reward System Market for Large Enterprise, by Region, 2022-2032 ($Million)
Table 09. Employee Recognition and Reward System Market for Small and Medium-Size Enterprise, by Region, 2022-2032 ($Million)
Table 10. Global Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 11. Employee Recognition and Reward System Market for Manufacturing, by Region, 2022-2032 ($Million)
Table 12. Employee Recognition and Reward System Market for Healthcare, by Region, 2022-2032 ($Million)
Table 13. Employee Recognition and Reward System Market for IT and Telecom, by Region, 2022-2032 ($Million)
Table 14. Employee Recognition and Reward System Market for Bfsi, by Region, 2022-2032 ($Million)
Table 15. Employee Recognition and Reward System Market for Retail, by Region, 2022-2032 ($Million)
Table 16. Employee Recognition and Reward System Market for Transportation and Logistics, by Region, 2022-2032 ($Million)
Table 17. Employee Recognition and Reward System Market for Others, by Region, 2022-2032 ($Million)
Table 18. Employee Recognition and Reward System Market, by Region, 2022-2032 ($Million)
Table 19. North America Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 20. North America Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 21. North America Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 22. North America Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 23. North America Employee Recognition and Reward System Market, by Country, 2022-2032 ($Million)
Table 24. U.S. Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 25. U.S. Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 26. U.S. Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 27. U.S. Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 28. Canada Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 29. Canada Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 30. Canada Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 31. Canada Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 32. Europe Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 33. Europe Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 34. Europe Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 35. Europe Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 36. Europe Employee Recognition and Reward System Market, by Country, 2022-2032 ($Million)
Table 37. UK Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 38. UK Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 39. UK Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 40. UK Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 41. Germany Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 42. Germany Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 43. Germany Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 44. Germany Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 45. France Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 46. France Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 47. France Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 48. France Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 49. Italy Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 50. Italy Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 51. Italy Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 52. Italy Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 53. Spain Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 54. Spain Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 55. Spain Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 56. Spain Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 57. Rest of Europe Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 58. Rest of Europe Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 59. Rest of Europe Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 60. Rest of Europe Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 61. Asia-Pacific Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 62. Asia-Pacific Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 63. Asia-Pacific Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 64. Asia-Pacific Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 65. Asia-Pacific Employee Recognition and Reward System Market, by Country, 2022-2032 ($Million)
Table 66. China Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 67. China Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 68. China Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 69. China Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 70. Japan Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 71. Japan Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 72. Japan Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 73. Japan Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 74. India Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 75. India Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 76. India Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 77. India Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 78. Australia Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 79. Australia Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 80. Australia Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 81. Australia Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 82. South Korea Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 83. South Korea Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 84. South Korea Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 85. South Korea Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 86. Rest of Asia-Pacific Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 87. Rest of Asia-Pacific Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 88. Rest of Asia-Pacific Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 89. Rest of Asia-Pacific Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 90. LAMEA Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 91. LAMEA Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 92. LAMEA Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 93. LAMEA Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 94. LAMEA Employee Recognition and Reward System Market, by Country, 2022-2032 ($Million)
Table 95. Latin America Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 96. Latin America Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 97. Latin America Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 98. Latin America Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 99. Middle East Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 100. Middle East Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 101. Middle East Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 102. Middle East Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 103. Africa Employee Recognition and Reward System Market, by Component, 2022-2032 ($Million)
Table 104. Africa Employee Recognition and Reward System Market, by Deployment Mode, 2022-2032 ($Million)
Table 105. Africa Employee Recognition and Reward System Market, by Enterprise Size, 2022-2032 ($Million)
Table 106. Africa Employee Recognition and Reward System Market, by Industry Vertical, 2022-2032 ($Million)
Table 107. Kudos®, Inc.: Key Executives
Table 108. Kudos®, Inc.: Company Snapshot
Table 109. Kudos®, Inc.: Product Segments
Table 110. Kudos®, Inc.: Product Portfolio
Table 111. Kudos®, Inc.: Key Strategies
Table 112. Dash Solutions, Inc.: Key Executives
Table 113. Dash Solutions, Inc.: Company Snapshot
Table 114. Dash Solutions, Inc.: Service Segments
Table 115. Dash Solutions, Inc.: Product Portfolio
Table 116. Dash Solutions, Inc.: Key Strategies
Table 117. Bi Worldwide™: Key Executives
Table 118. Bi Worldwide™: Company Snapshot
Table 119. Bi Worldwide™: Product Segments
Table 120. Bi Worldwide™: Product Portfolio
Table 121. Terryberry: Key Executives
Table 122. Terryberry: Company Snapshot
Table 123. Terryberry: Product Segments
Table 124. Terryberry: Product Portfolio
Table 125. Terryberry: Key Strategies
Table 126. Motivosity Inc.: Key Executives
Table 127. Motivosity Inc.: Company Snapshot
Table 128. Motivosity Inc.: Product Segments
Table 129. Motivosity Inc.: Product Portfolio
Table 130. Motivosity Inc.: Key Strategies
Table 131. Salesforce, Inc.: Key Executives
Table 132. Salesforce, Inc.: Company Snapshot
Table 133. Salesforce, Inc.: Service Segments
Table 134. Salesforce, Inc.: Product Portfolio
Table 135. Salesforce, Inc.: Key Strategies
Table 136. Smartly, Inc.: Key Executives
Table 137. Smartly, Inc.: Company Snapshot
Table 138. Smartly, Inc.: Product Segments
Table 139. Smartly, Inc.: Product Portfolio
Table 140. Smartly, Inc.: Key Strategies
Table 141. O.C. Tanner: Key Executives
Table 142. O.C. Tanner: Company Snapshot
Table 143. O.C. Tanner: Product Segments
Table 144. O.C. Tanner: Product Portfolio
Table 145. O.C. Tanner: Key Strategies
Table 146. Ukg Inc.: Key Executives
Table 147. Ukg Inc.: Company Snapshot
Table 148. Ukg Inc.: Service Segments
Table 149. Ukg Inc.: Product Portfolio
Table 150. Ukg Inc.: Key Strategies
Table 151. Workstars: Key Executives
Table 152. Workstars: Company Snapshot
Table 153. Workstars: Product Segments
Table 154. Workstars: Product Portfolio
Table 155. Workstars: Key Strategies
List of Figures
Figure 01. Employee Recognition and Reward System Market, 2022-2032
Figure 02. Segmentation of Employee Recognition and Reward System Market,2022-2032
Figure 03. Top Impacting Factors in Employee Recognition and Reward System Market (2022 to 2032)
Figure 04. Top Investment Pockets in Employee Recognition and Reward System Market (2023-2032)
Figure 05. Low Bargaining Power of Suppliers
Figure 06. Low Threat of New Entrants
Figure 07. Low Threat of Substitutes
Figure 08. Low Intensity of Rivalry
Figure 09. Low Bargaining Power of Buyers
Figure 10. Global Employee Recognition and Reward System Market:Drivers, Restraints and Opportunities
Figure 11. Employee Recognition and Reward System Market, by Component, 2022 and 2032(%)
Figure 12. Comparative Share Analysis of Employee Recognition and Reward System Market for Solution, by Country 2022 and 2032(%)
Figure 13. Comparative Share Analysis of Employee Recognition and Reward System Market for Services, by Country 2022 and 2032(%)
Figure 14. Employee Recognition and Reward System Market, by Deployment Mode, 2022 and 2032(%)
Figure 15. Comparative Share Analysis of Employee Recognition and Reward System Market for On-Premise, by Country 2022 and 2032(%)
Figure 16. Comparative Share Analysis of Employee Recognition and Reward System Market for Cloud, by Country 2022 and 2032(%)
Figure 17. Employee Recognition and Reward System Market, by Enterprise Size, 2022 and 2032(%)
Figure 18. Comparative Share Analysis of Employee Recognition and Reward System Market for Large Enterprise, by Country 2022 and 2032(%)
Figure 19. Comparative Share Analysis of Employee Recognition and Reward System Market for Small and Medium-Size Enterprise, by Country 2022 and 2032(%)
Figure 20. Employee Recognition and Reward System Market, by Industry Vertical, 2022 and 2032(%)
Figure 21. Comparative Share Analysis of Employee Recognition and Reward System Market for Manufacturing, by Country 2022 and 2032(%)
Figure 22. Comparative Share Analysis of Employee Recognition and Reward System Market for Healthcare, by Country 2022 and 2032(%)
Figure 23. Comparative Share Analysis of Employee Recognition and Reward System Market for IT and Telecom, by Country 2022 and 2032(%)
Figure 24. Comparative Share Analysis of Employee Recognition and Reward System Market for Bfsi, by Country 2022 and 2032(%)
Figure 25. Comparative Share Analysis of Employee Recognition and Reward System Market for Retail, by Country 2022 and 2032(%)
Figure 26. Comparative Share Analysis of Employee Recognition and Reward System Market for Transportation and Logistics, by Country 2022 and 2032(%)
Figure 27. Comparative Share Analysis of Employee Recognition and Reward System Market for Others, by Country 2022 and 2032(%)
Figure 28. Employee Recognition and Reward System Market by Region, 2022 and 2032(%)
Figure 29. U.S. Employee Recognition and Reward System Market, 2022-2032 ($Million)
Figure 30. Canada Employee Recognition and Reward System Market, 2022-2032 ($Million)
Figure 31. UK Employee Recognition and Reward System Market, 2022-2032 ($Million)
Figure 32. Germany Employee Recognition and Reward System Market, 2022-2032 ($Million)
Figure 33. France Employee Recognition and Reward System Market, 2022-2032 ($Million)
Figure 34. Italy Employee Recognition and Reward System Market, 2022-2032 ($Million)
Figure 35. Spain Employee Recognition and Reward System Market, 2022-2032 ($Million)
Figure 36. Rest of Europe Employee Recognition and Reward System Market, 2022-2032 ($Million)
Figure 37. China Employee Recognition and Reward System Market, 2022-2032 ($Million)
Figure 38. Japan Employee Recognition and Reward System Market, 2022-2032 ($Million)
Figure 39. India Employee Recognition and Reward System Market, 2022-2032 ($Million)
Figure 40. Australia Employee Recognition and Reward System Market, 2022-2032 ($Million)
Figure 41. South Korea Employee Recognition and Reward System Market, 2022-2032 ($Million)
Figure 42. Rest of Asia-Pacific Employee Recognition and Reward System Market, 2022-2032 ($Million)
Figure 43. Latin America Employee Recognition and Reward System Market, 2022-2032 ($Million)
Figure 44. Middle East Employee Recognition and Reward System Market, 2022-2032 ($Million)
Figure 45. Africa Employee Recognition and Reward System Market, 2022-2032 ($Million)
Figure 46. Top Winning Strategies, by Year (2021-2023)
Figure 47. Top Winning Strategies, by Development (2021-2023)
Figure 48. Top Winning Strategies, by Company (2021-2023)
Figure 49. Product Mapping of Top 10 Players
Figure 50. Competitive Dashboard
Figure 51. Competitive Heatmap: Employee Recognition and Reward System Market
Figure 52. Top Player Positioning, 2022
Figure 53. Salesforce, Inc.: Research & Development Expenditure, 2020-2022 ($Million)
Figure 54. Salesforce, Inc.: Net Revenue, 2020-2022 ($Million)
Figure 55. Salesforce, Inc.: Revenue Share by Region, 2021 (%)

Companies Mentioned

  • Salesforce, Inc.
  • UKG Inc.
  • Kudos®, Inc.
  • Dash Solutions, Inc
  • Terryberry
  • BI WORLDWIDE™
  • Motivosity Inc.
  • O.C. Tanner
  • Smartly, Inc
  • Workstars

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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