The social employee recognition system market size was valued at USD 18.4 billion in 2024 and is expected to reach USD 44.9 billion by 2032, growing at a CAGR of 11.79% during 2025-2032.
The social employee recognition system market growth is driven by the increasing employee engagement, which has gained acceptance among large and small enterprises. Such systems help promote instantaneous peer-to-peer recognition that contributes to a healthy workplace environment. The growth of the market can be attributed to increasing adoption of software among SMEs and large enterprises, the enabler of integration among HRM tools, and the move towards remote work and a hybrid work environment. Some of them include AI-based recognition, mobile-first platforms, and personalized reward systems.
North America has the largest market share, whilst Asia-Pacific is projected to be the fastest-growing region. As per the market analysis of social employee recognition systems, the acceleration of digital transformation across human resource operations is projected to drive the demand for social employee recognition systems, providing a strong CAGR through 2032. These trends indicate a positive market outlook, given the growing focus on employee wellness and performance-based rewards. The Social Employee Recognition System Market trends show stable demand around the globe from various source industries.
The U.S. Social Employee Recognition System Market was valued at USD 5.3 billion in 2024, and is anticipated to grow to nearly USD 12.7 billion by 2032, growing at a CAGR of around 11.5%. The growth can be attributed to the rising emphasis on employee engagement, remote workforce management, and integration with digital HR platforms. Performance-based culture is helping the market to retain traction across SMEs and large enterprises.
Drivers:
Organizations Prioritize Employee Engagement, Which Drives Demand for Real-Time Recognition Systems to Improve Retention and Morale
The increasing emphasis of organizations on employee engagement as a key strategic priority is translating into demand for social recognition platforms. With workplace cultures making a seismic shift to people-centric models, especially in hybrid and remote environments, in-the-moment recognition has become critical for creating connection. Not only do these bring better morale, but they also cut down on attrition and absenteeism. Through AI and analytics on the platforms, companies can understand performance metrics and create a culture of continuous feedback. This trend of supporting DEI (Diversity, Equity, and Inclusion) initiatives by means of recognition goes on to create a ripple effect of adoption across industries.
Restraints:
Rising Data Privacy Concerns Limit Adoption of Platforms That Handle Sensitive Employee Information
Despite widespread adoption, data privacy is one of the major challenges in the Social Employee Recognition System Market. Such platforms are also giving out a range of private employee data, performance data, and behavioral analytics. Inappropriate data processing or lacklustre digital security can result in breaches, the threat of litigation, loss of employee trust, and others. Compliance is a major challenge for vendors who operate in many regions due to strict regulations, including GDPR and CCPA. Moreover, transparency and constant employee monitoring concerns can hinder the effectiveness of the system as well. To address these risks and build organizational confidence, especially in heavily regulated industries, such as finance and health, vendors are forced to spend on encryption, role-based access, and privacy-first architectures.
According to a study, 78% of technology leaders cite security threats and 65% cite data privacy as critical priorities regarding SaaS adoption.
Opportunities:
Expanding HR Tech Ecosystems Increase Preference for Recognition Platforms with Seamless Integration Capabilities
Social Employee Recognition Systems have an opportunity to integrate with a wider human capital management (HCM) and HRIS platforms. Companies are looking for centralized ecosystems that connect the dots between performance management, recognition, payroll, and feedback loops. Vendors providing third-party APIs, native integrations, and plug-ins with solutions including Workday, SAP SuccessFactors, and Microsoft Teams are gaining a strategic advantage. The ability for this interoperability facilitates user adoption and makes it easier for HR departments to automate workflow. Integration also facilitates advanced analytics, enabling organizations to connect recognition to metrics such as productivity, engagement, and retention. The consolidation of the provider landscape, as HR digital transformation accelerates and leads to demand for unified and modular solutions, is one of the greatest growth opportunities in front of providers.
According to 2025 Study, 83 % of HR managers say they specifically want better integration between HR systems and other enterprise apps before green‑lighting new tools.
Challenges:
Lack of Authentic and Personalized Interactions Reduces Long-Term Engagement with Recognition Systems
Sustaining authenticity and continuous user engagement is one of the key challenges in this market. Recognition systems can feel robotic or insincere if not taken with a deliberate strategy. Right recognition can lose its impact if overdone or done without any personalization per the employee's level. Globally dispersed teams also must take into account cultural differences about how recognition is perceived and delivered. Making sure recognitions are consistent with core values, delivered in time, and with emotional weight to the recipient, needs leadership buy-in and training on easy steps to follow. Tuning in employees for the platform needs gamification, periodic updates, and genuine incentives. Maintaining genuine impact and cultural relevancy means vendors need to carefully manage the balance between automation and emotional intelligence.
By Deployment:
The cloud segment dominated the market in 2024 and accounted for 65% of the Social Employee Recognition System Market share, due to the scalability, ease of deployment, lower capital expenditure, and real-time access across a dispersed workforce. This, along with its integration with collaboration tools, such as Microsoft Teams and Slack, makes it one of the most usable tools in the market. This segment will continue to command in the size range, due to the global trend in hybrid workplaces and demand for SaaS-based HR solutions.
For instance, Workhuman's “Human Intelligence” was introduced in April 2025, an AI-powered feature that generates customized recognition and reward recommendations, delivering deeper insights for clients such as BP, Cisco & LinkedIn.
The on-premise segment is projected to grow at the fastest CAGR due to the demand from security-conscious industries including finance and healthcare for full control over employee data. This preference for on-prem or hybrid environments is driven by regulatory compliance, data residency requirements, and internal governance policies. The uptick in investment in secure internal IT infrastructure propels its growth in the long run, especially in large enterprises across the developed economies.
By Enterprise Size:
Large enterprises dominated the Social Employee Recognition System Market in 2024 and accounted for 69% of revenue share, due to their membership in large-scale budgets, intricate workforce compositions, and a strategic plan to improve the employee engagement score. Those organizations are investing in secure and cloud-based recognition platforms that are well integrated within their existing HR ecosystems. The global operations and performance culture create persistent demand that helps position them as the leaders in enterprise-level social recognition solutions.
For instance, 38% of large enterprises (5,000+ employees) were using AI-enhanced HR tools, such as recognition systems, in 2024, compared to just 22% among small firms.
The SME segment is expected to grow at the fastest CAGR during the forecast period due to the rising awareness regarding employee engagement benefits and the availability of affordable and scalable cloud-based recognition tools. Digital transformation is now within reach of the average small business, which is why many smaller firms are turning to recognition platforms when it comes to retaining talent, ensuring morale, and trying to keep pace with larger firms. The vendor's focus on flexible pricing also drives the adoption of SMEs.
By Industry:
The IT & Telecom segment dominated the Social Employee Recognition System Market in 2024 and accounted for a significant revenue share, due to early digitization, large remote employee bases, and high emphasis on employee engagement. These companies are focusing on the input and appreciation that peers offer that keeps them productive and motivated in the long run. Easy adoption through integration with existing tech stacks and collaboration tools ensures that the industry will continue to lead in deploying recognition platforms for distributed teams well into the future.
The healthcare segment is expected to register the fastest CAGR Due to rising emphasis on morale, retention, and burnout prevention among frontline workers. To save their workforce, hospitals and care institutions are not avoiding investing in systems of recognition. The expanded regulatory backing of workforce wellness, in addition to the immediate demand for real-time recognition of frontline workers, accelerates the growth of the market in this segment.
North America dominated the Social Employee Recognition System Market in 2024 and accounted for 39% of revenue share, due to high adoption of digital HR, significant emphasis on employee engagement in the corporate sector, and the presence of major vendors operating in the region. Cloud infrastructure enabling more remote work and higher remote work underpins solid demand. The region will continue to lead by investing in AI-based HR tools, and the cultural aspect of the whole employee recognition platform might just get the region out of this pandemic with much faster growth than the rest of the world.
According to a 2024 study, 89% of North American organizations had recognition programs in place in 2024, significantly higher than Asia (68%) and Europe (65%).
Asia Pacific is projected to witness the fastest CAGR, owing to the rapidly changing digital landscape, growing implementation of employee engagement benefits, and increasing cloud adoption in SMEs. Scalable recognition solutions are being increasingly adopted by growing startup ecosystems, particularly in India and Southeast Asia. The governments across this dynamic region are also encouraging workplaces to become more digitally driven, and evolving workplace cultures are driving the market growth.
Europe's growth is driven by the increasing prevalence of remote and hybrid work models, coupled with regulatory measures promoting employee well-being, which are fuelling new demand for HR tech solutions across Europe. This is increasing uptake due to demand for multilingual and GDPR-compliant recognition systems. They also anticipate consistent growth within the SMEs and large enterprise segments of the market.
The U.K. leads the European market due to early HR tech adoption, commitment to corporate recognition cultures, and high motivation for digital workplace maturity in the country are the leading contributors, per the report, to the European market. Employee recognition systems are gaining high with the investments in cloud-based integrated platforms by the U.K. firms to develop engagement and retention.
The major Social Employee Recognition System Market companies are Bonusly, Kudos, Workhuman, Awardco, Fond, Achievers, Nectar, Guusto, Terryberry, Blueboard, and others.
In October 2024, Awardco launched in the Microsoft Azure Marketplace, improving enterprise integration and expanding access to its cloud-based recognition platform.
In May 2024, Awardco partnered with Stripe to introduce "A‑Pay" cards, enabling users to redeem rewards through customizable digital or physical payment options.
In March 2025, Kudos earned ISO/IEC 27001:2022 certification, enhancing its credibility with advanced data security standards for enterprise-level deployments.
|
Report Attributes |
Details |
|
Market Size in 2024 |
US$ 18.4 Billion |
|
Market Size by 2032 |
US$ 44.9 Billion |
|
CAGR |
CAGR of 11.79% From 2025 to 2032 |
|
Base Year |
2024 |
|
Forecast Period |
2025-2032 |
|
Historical Data |
2021-2023 |
|
Report Scope & Coverage |
Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
|
Key Segments |
• By Deployment (Cloud, On-Premise) |
|
Regional Analysis/Coverage |
North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
|
Company Profiles |
Bonusly, Kudos, Workhuman, Awardco, Fond, Achievers, Nectar, Guusto, Terryberry, Blueboard and others in the report |
Ans- The expected CAGR of the Social Employee Recognition System Market over 2025-2032 is 11.79%.
Ans- The social employee recognition system market size was valued at USD 18.4 billion in 2024 and is expected to reach USD 44.9 billion by 2032
Ans- Organizations Prioritize Employee Engagement Which Drives Demand for Real-Time Recognition Systems to Improve Retention and Morale
Ans- Large enterprises dominated the Social Employee Recognition System Market in 2024 and accounted for 69% of revenue share
Ans- North America region dominated the Social Employee Recognition System Market with 39% of revenue share in 2024.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Adoption Rates of Social Recognition Platforms, by Industry Sector
5.2 Frequency of Peer-to-Peer Recognition Interactions, by Region
5.3 Impact on Employee Retention Rates Post-Implementation, by Company Size
5.4 Integration Rates with HRIS & Communication Tools, by Deployment Type
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new Product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Social Employee Recognition System Market Segmentation By Deployment
7.1 Chapter Overview
7.2 Cloud
7.2.1 Cloud Market Trends Analysis (2021-2032)
7.2.2 Cloud Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 On-Premise
7.3.1 On-Premise Market Trends Analysis (2021-2032)
7.3.2 On-Premise Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Social Employee Recognition System Market Segmentation By Enterprise Size
8.1 Chapter Overview
8.2 SMEs
8.2.1 SMEs Market Trend Analysis (2021-2032)
8.2.2 SMEs Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Large Enterprises
8.3.1 Large Enterprises Market Trends Analysis (2021-2032)
8.3.2 Large Enterprises Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Social Employee Recognition System Market Segmentation By Industry
9.1 Chapter Overview
9.2 Retail & CGs
9.2.1 Retail & CGs Market Trends Analysis (2021-2032)
9.2.2 Retail & CGs Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 IT & Telecom
9.3.1 IT & Telecom Market Trends Analysis (2021-2032)
9.3.2 IT & Telecom Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Healthcare
9.4.1 Healthcare Market Trends Analysis (2021-2032)
9.4.2 Healthcare Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Media
9.5.1 Media Market Trends Analysis (2021-2032)
9.5.2 Media Market Size Estimates and Forecasts to 2032 (USD Billion)
9.6 Travel
9.6.1 Travel Market Trends Analysis (2021-2032)
9.6.2 Travel Market Size Estimates and Forecasts to 2032 (USD Billion)
9.7 Manufacturing
9.7.1 Manufacturing Market Trends Analysis (2021-2032)
9.7.2 Manufacturing Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Others
9.3.1 Others Market Trends Analysis (2021-2032)
9.3.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Social Employee Recognition System Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.2.3 North America Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.2.4 North America Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.2.5 North America Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.2.6.2 USA Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.2.6.3 USA Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.2.7.2 Canada Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.2.7.3 Canada Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.2.8.2 Mexico Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.2.8.3 Mexico Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.3 Europe
10.3.1 Trends Analysis
10.3.2 Europe Social Employee Recognition System Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.3.3 Europe Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.3.4 Europe Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.3.5 Europe Social Employee Recognition System Market Estimates and Forecasts, By Industry(2021-2032) (USD Billion)
10.3.6 Germany
10.3.1.6.1 Germany Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.3.1.6.2 Germany Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.3.1.6.3 Germany Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.3.7 France
10.3.7.1 France Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.3.7.2 France a Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.3.7.3 France Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.3.8 UK
10.3.8.1 UK Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.3.8.2 UK Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.3.8.3 UK Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.3.9 Italy
10.3.9.1 Italy Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.3.9.2 Italy Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.3.9.3 Italy Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.3.10 Spain
10.3.10.1 Spain Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.3.10.2 Spain Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.3.10.3 Spain Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.3.12 Poland
10.3.12.1 Poland Social Employee Recognition System Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.3.12.1 Poland Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.3.12.3 Poland Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.3.12.3 Poland Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.3.13 Turkey
10.3.13.1 Turkey Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.3.13.2 Turkey Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.3.13.3 Turkey Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.3.14 Rest of Europe
10.3.14.1 Rest of Europe Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.3.14.2 Rest of Europe Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.3.14.3 Rest of Europe Social Employee Recognition System Market Estimates and Forecasts, By Industry(2021-2032) (USD Billion)
10.4 Asia-Pacific
10.4.1 Trends Analysis
10.4.2 Asia-Pacific Social Employee Recognition System Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.4.3 Asia-Pacific Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.4.4 Asia-Pacific Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.4.5 Asia-Pacific Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.4.6.2 China Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.4.6.3 China Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.4.7.2 India Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.4.7.3 India Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.4.8.2 Japan Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.4.8.3 Japan Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.4.9.2 South Korea Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.4.9.3 South Korea Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.4.10 Singapore
10.4.10.1 Singapore Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.4.10.2 Singapore Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.4.10.3 Singapore Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.4.11 Australia
10.4.11.1 Australia Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.4.11.2 Australia Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.4.11.3 Australia Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.4.12 Rest of Asia-Pacific
10.4.12.1 Rest of Asia-Pacific Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.4.12.2 Rest of Asia-Pacific Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.4.12.3 Rest of Asia-Pacific Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Trends Analysis
10.5.2 Middle East and Africa East Social Employee Recognition System Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.5.3Middle East and Africa Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.5.4 Middle East and Africa Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.5.5 Middle East and Africa Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.5.6 UAE
10.5.6.1 UAE Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.5.6.2 UAE Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.5.6.3 UAE Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.5.7 Saudi Arabia
10.5.7.1 Saudi Arabia Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.5.7.2 Saudi Arabia Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.5.7.3 Saudi Arabia Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.5.8 Qatar
10.5.8.1 Qatar Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.5.8.2 Qatar Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.5.8.3 Qatar Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.5.9 South Africa
10.5.9 1 South Africa Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.5.9 2 South Africa Social Employee Recognition System Market Estimates and Forecasts By Enterprise Size (2021-2032) (USD Billion)
10.5.9 3 South Africa Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.5.10 Rest of Middle East & Africa
10.5.10.1 Rest of Middle East & Africa Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.5.10.2 Rest of Middle East & Africa Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.5.10.3 Rest of Middle East & Africa Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Social Employee Recognition System Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.6.3 Latin America Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.6.4 Latin America Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.6.5 Latin America Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.6.6.2 Brazil Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.6.6.3 Brazil Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.6.7.2 Argentina Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.6.7.3 Argentina Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
10.6.8 Rest of Latin America
10.6.8.1 Rest of Latin America Social Employee Recognition System Market Estimates and Forecasts, By Deployment (2021-2032) (USD Billion)
10.6.8.2 Rest of Latin America Social Employee Recognition System Market Estimates and Forecasts, By Enterprise Size (2021-2032) (USD Billion)
10.6.8.3 Rest of Latin America Social Employee Recognition System Market Estimates and Forecasts, By Industry (2021-2032) (USD Billion)
12. Company Profiles
12.1 Bonusly
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.2 Kudos
12.2.1 Company Overview
12.2.2 Financial
12.2.3 Products/ Services Offered
12.2.4 SWOT Analysis
12.3 Workhuman
12.3.1 Company Overview
12.3.2 Financial
12.3.3 Products/ Services Offered
12.3.4 SWOT Analysis
12.4 Awardco
12.4.1 Company Overview
12.4.2 Financial
12.4.3 Products/ Services Offered
12.4.4 SWOT Analysis
12.5 Fond
12.5.1 Company Overview
12.5.2 Financial
12.5.3 Products/ Services Offered
12.5.4 SWOT Analysis
12.6 Achievers
12.6.1 Company Overview
12.6.2 Financial
12.6.3 Products/ Services Offered
12.6.4 SWOT Analysis
12.7 Nectar
12.7.1 Company Overview
12.7.2 Financial
12.7.3 Products/ Services Offered
12.7.4 SWOT Analysis
12.8 Guusto
12.8.1 Company Overview
12.8.2 Financial
12.8.3 Products/ Services Offered
12.8.4 SWOT Analysis
12.9 Terryberry
12.9.1 Company Overview
12.9.2 Financial
12.9.3 Products/ Services Offered
12.9.4 SWOT Analysis
12.10 Blueboard
12.10.1 Company Overview
12.10.2 Financial
12.10.3 Products/ Services Offered
12.10.4 SWOT Analysi
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Deployment
Cloud
On-Premise
By Enterprise Size
SMEs
Large Enterprises
By Industry
Retail & CGs
IT & Telecom
Healthcare
Media
Travel
Manufacturing
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Poland
Turkey
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
UAE
Saudi Arabia
Qatar
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players