LONDON--(BUSINESS WIRE)--Aug 23, 2018--According to the latest market research report released by Technavio, the global performance appraisal software market is expected to accelerate at a CAGR of over 8% during the forecast period. The need for 360-degree feedback is one of the key factors triggering the growth of the market.
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Technavio has published a new market research report on the global performance appraisal software market from 2018-2022. (Graphic: Business Wire)
This research report titled ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
The market research analysis categorizes the global performance appraisal software market into the following regions:Americas EMEA APAC
In 2017, the Americas accounted for 50% of the global market and is projected to decline to 49% by 2022, exhibiting almost 1% decrease in market share.
Global performance appraisal software market: Top emerging trend
The emergence of cloud computing services to boost growth is an emerging trend in the enterprise application space. The introduction of cloud computing has improved and simplified the capabilities of performance appraisal software. Cloud computing provides central administration and control of all resources and HR-related activities. With cloud computing services, end-users can concentrate on organizational core activities than managing applications. Further, enterprises can establish the rapid deployment model, which enables applications to be scaled quickly to address changing requirements. Thus, with such advantages associated with cloud computing services, the market is expected to have a positive outlook during the forecast period.
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio’s report provides expert market research on the following topics:
Executive ReportMarket Outline Global Performance Appraisal Software Market Overview
Market InsightsMarket Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends
Market Segmentation AnalysisRegional comparison (APAC, Americas, and EMEA) Key leading countries
Vendor LandscapeVendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (Oracle, Saba Software, SAP SuccessFactors, SumTotal System, and Ultimate Software)
is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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CONTACT: Technavio Research
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US: +1 844 364 1100
UK: +44 203 893 3200
KEYWORD: EUROPE ASIA PACIFIC NORTH AMERICA SOUTH AMERICA AFRICA MIDDLE EAST
INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE PROFESSIONAL SERVICES HUMAN RESOURCES
SOURCE: Technavio Research
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