Market Snapshot:
Individuals and teams throughout an organization can use Objectives and Key Results (OKR) software to create, coordinate, and manage their objectives and key results. HR workers and managers should oversee OKR software, which should be updated on a regular basis with progress reports from all participants. Progress reports from OKR software can help HR directors and strategic decision-makers make better decisions and establish more goals in the future. Managers may get a rapid overview of what their team is working on and how far they've progressed using OKR software. Managers save a lot of time by being able to examine such data quickly on a single, well-organized dashboard.
Highlights from Objectives and Key Results (OKR) Software Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The key Players profiled in the report are Rhythm Systems (United States), Ally.io (United States), GI OKR (United States), Weekdone (Estonia), Workpath (United States), Koan (United States), OKRBoard (India), Gtmhub (United States), Leapsome (Germany) and Lattice (United States). Additionally, other players that are part of this comprehensive study are AchieveIt (United States), Corvisio OKR (United States), Perdoo (Germany), GroSum (United States) and 7Geese (Canada).
Geographic Breakdown and Segment Analysis
The Global Objectives and Key Results (OKR) Software market presents a comprehensive analysis of the Objectives and Key Results (OKR) Software market by product type (On Premise and Cloud-based), by end-user/application (BFSI, Retail and e-Commerce, Healthcare, IT & Telecom, Manufacturing and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Objectives and Key Results (OKR) Software industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Objectives and Key Results (OKR) Software market
Analyst at AMA have segmented the market study of Global Objectives and Key Results (OKR) Software market by Type, Application and Region.
Influencing Trend:
Technological advancement in ORK Software
Market Growth Drivers:
Surge In Demand For Real Time Data Analysis Fuel Demand For OKR Software and Increase The Usages Of Cloud Base Software
Challenges:
Technical Complexity Associated To OKR Software
Restraints:
Slowdown Of Economy and High Cost Associated To Development Of OKR Software
Opportunities:
Increase Adoption Of OKR Software In Various Sector
Market Developments Activities:
On 8 October 2021, Microsoft announced that it has acquired Ally.io, a software service that helps companies measure their progress against OKRs (objectives and key results), a common way that management measures both individual and company progress. The two firms did not share the purchase price.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies.The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Target Audience
Objectives and Key Results (OKR) Software Developer, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others