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Employee Experience Management Market Share

Report ID: GMI8080
Published Date: Feb 2024
Report Format: PDF

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Employee Experience Management Market Share

Oracle and Qualtrics hold a significant market share of over 9% in the employee experience management industry. These prominent players in the market are leveraging advanced technology and analytics to provide comprehensive EXM platforms that cover various aspects of the employee journey. These platforms offer features such as employee feedback mechanisms, performance management tools, learning and development modules, and well-being initiatives, all integrated into a seamless user experience. By focusing on holistic EXM solutions, these companies are helping organizations create a positive work culture, boost employee engagement, and drive better business outcomes.

These companies provide customizable survey tools, real-time feedback mechanisms, and actionable insights to help organizations understand and address the evolving needs of their workforce. By harnessing the power of data and analytics, these companies enable organizations to make informed decisions, prioritize initiatives, and continuously improve the employee experience.

Employee Experience Management Market Companies

Major companies operating in the employee experience management industry are:

ADP
Cornerstone OnDemand
IBM
Microsoft
Oracle
Qualtrics
Salesforce
ServiceNow
SurveyMonkey Enterprise
Workday

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of employee experience management reached USD 6.1 billion in 2023 and is set to grow at over 6.5% CAGR between 2024 and 2032, propelled by the rising number of surveys highlighting its significance.

The software segment generated over USD 3.5 billion in 2023, attributed to the growing adoption of EXM solutions powered by innovative software across organizations.

North America accounted for more than 35% of the market share in 2023, with organizations placing a strong emphasis on employee satisfaction and productivity in the region.

Some of the top employee experience management firms are ADP, Cornerstone, OnDemand, IBM, Microsoft, Oracle, Qualtrics, Salesforce, ServiceNow, SurveyMonkey Enterprise, and Workday.