About Employee Communication Tools
Employee communication tools are a relatively new tool for internal communication. This tool also allows HR and executive teams to interact, collaborate, and share knowledge with the rest of the company’s employees. Organizations can use the same features of a public social network to encourage employees to connect and discuss work-related topics. This has led to significant growth in the market in the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
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.The Players having a strong hold in the market are Slack Technologies, Call-Em-All LLC., Bitrix24, and CultureIQ, Inc.. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Slack Technologies (Canada), Call-Em-All LLC. (United States), Bitrix24 (United States), CultureIQ, Inc. (United States), SpotCues Inc. (United States), ezTalks (China), GroupFire, Inc. (United States), Morneau Shepell (Canada), Simpplr Inc. (United States) and Alert Media Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Samepage Labs, Inc. (United States), Zoho Corporation Pvt. Ltd (India) and SocialChorus, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Employee Communication Tools market by Type (Intranets and forums, Digital signage, Instant messaging tools, Collaboration tools, Employee social networks, Team bonding tools and Video chat tools) and Region.
On the basis of geography, the market of Employee Communication Tools has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. Government Relations will boost the Employee Communication Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Enterprise Size, the sub-segment i.e. Large Enterprises will boost the Employee Communication Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform, the sub-segment i.e. Windows will boost the Employee Communication Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. On-Premise will boost the Employee Communication Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Internal Communications Trends to Maximize Frontline Workers
Market Growth Drivers:
Growing Demand From End-use Enterprises and Rising Demand in Cloud-Based Software
Challenges:
Growing Cyber Security Issues and Increasing Online Advertisement
Restraints:
Lack of skilled Professionals
Opportunities:
Growing Focus on Research and Development Industries and Rising Emerging Technologies
Market Leaders and their expansionary development strategies
On 08th July 2020, Slack Technologies, Inc. has announced that the company has acquired Rimeto. Rimeto has reimagined the business directory over the last four years, much in the same way Slack Technologies, Inc. has reimagined business communication. Rimeto’s advanced profile and directory features will be integrated into Slack directly.
In July 2020, Microsoft launched Teams, a cloud-based collaboration and communication platform.
Analyst View
To study the market, we approach the market from the business side. Major players in software industry are continuously investing in process research and development sector. The top players in digital signage software market are enhancing their global foot print in various regions
Key Target Audience
Employee Communication Tools Providers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.