Europe Employee Engagement Software Market Size, Share & Industry Trends Analysis Report By Vertical, By Enterprise Size (Large Enterprises and Small & Medium Enterprises), By Deployment Type, By Function, By Country and Growth Forecast, 2023 - 2029

The Europe Employee Engagement Software Market would witness market growth of 17.5% CAGR during the forecast period (2023-2029).

The growth of the employee engagement software business will be accentuated by a notable increase in the use of new technologies like artificial intelligence (AI) and machine learning, as well as the rising use of smartphones and tablets. In addition, the widespread adoption of cloud-based employee engagement tools will amplify market trends. In the coming years, the market for employee engagement software is predicted to grow due to rising product demand from several financial institutions and retailers.

Due to the rise in businesses, employee engagement is becoming a crucial component for firms. Employee retention, productivity growth, improved employee recognition, openness in employee appraisal, and improved communication are just a few of the factors driving the demand for employee engagement solutions. Furthermore, over the evaluation period, the industry will increase due to the widespread digitization of regular tasks in private and public organizations.

Companies require sophisticated tools to monitor every action of employees in the area of employee engagement so that they can provide them with better solutions and working conditions. Employee engagement will no longer be reliant on software tools in the upcoming years but rather on the use of technologies like artificial intelligence (AI), machine learning, and the Internet of Things (IoT). These technologies can collect information that software solutions cannot, such as sentiment analysis and a true sense of employee engagement.

In UK, a 7.4% rise over 2020 spending puts the total expected cost of current healthcare at £277 billion in 2021. In 2021, as opposed to 10.0% in 2020, the total current healthcare spending increased by 7.1% in real terms after considering inflation's effects on the economy. As a result, government healthcare spending was anticipated to increase by 7.5% in 2021. Germany's healthcare system is strong, especially in terms of hospital beds, facilities, and qualified personnel. The healthcare sector in Germany employs one out of every six people and contributes EUR 678.2 billion (USD 798 billion), or around 12% of Germany's GDP. 8.3% of Germany's exports are HCT, with 131.2 billion euros in sales (USD 154.4 billion). Hence these factors are driving the regional market growth.

The Germany market dominated the Europe Employee Engagement Software Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $172.8 million by 2029. The UK market is anticipated to grow at a CAGR of 16.5% during (2023 - 2029). Additionally, The France market would exhibit a CAGR of 18.4% during (2023 - 2029).

Based on Vertical, the market is segmented into Telecom & IT, Healthcare, Retail, Government, Manufacturing, BFSI, Hospitality and Others. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Function, the market is segmented into Collaboration & Interaction, Training, Onboarding, Customer Service, Rewards & Recognitions, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Worldwide Employee Engagement Software Market is Projected to reach USD 2.6 Billion by 2029, at a CAGR of 17.7%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 15Five, Inc., Degree, Inc. (Lattice), Smartly, Inc., Vantage Circle (Bargain Technologies Private Limited), Nreach Online Services Private Limited (Gift Management Asia Pte Ltd), Workvivo Limited, Synergita Software Private Limited (Aspire Systems Group), Leapsome GmbH, Kudos, Inc. and Culture Amp Pty Ltd.

Scope of the Study

Market Segments Covered in the Report:

By Vertical

• Telecom & IT
• Healthcare
• Retail
• Government
• Manufacturing
• BFSI
• Hospitality
• Others

By Enterprise Size

• Large Enterprises
• Small & Medium Enterprises

By Deployment Type

• On-premise
• Cloud

By Function

• Collaboration & Interaction
• Training
• Onboarding
• Customer Service
• Rewards & Recognitions
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

• 15Five, Inc.
• Degree, Inc. (Lattice)
• Smartly, Inc.
• Vantage Circle (Bargain Technologies Private Limited)
• Nreach Online Services Private Limited (Gift Management Asia Pte Ltd)
• Workvivo Limited
• Synergita Software Private Limited (Aspire Systems Group)
• Leapsome GmbH
• Kudos, Inc.
• Culture Amp Pty Ltd.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Employee Engagement Software Market, by Vertical
1.4.2 Europe Employee Engagement Software Market, by Enterprise Size
1.4.3 Europe Employee Engagement Software Market, by Deployment Type
1.4.4 Europe Employee Engagement Software Market, by Function
1.4.5 Europe Employee Engagement Software Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Strategies deployed in Employee Engagement Software Market
Chapter 4. Europe Employee Engagement Software Market by Vertical
4.1 Europe Telecom & IT Market by Country
4.2 Europe Healthcare Market by Country
4.3 Europe Retail Market by Country
4.4 Europe Government Market by Country
4.5 Europe Manufacturing Market by Country
4.6 Europe BFSI Market by Country
4.7 Europe Hospitality Market by Country
4.8 Europe Other Vertical Market by Country

Chapter 5. Europe Employee Engagement Software Market by Enterprise Size
5.1 Europe Large Enterprises Market by Country
5.2 Europe Small & Medium Enterprises Market by Country

Chapter 6. Europe Employee Engagement Software Market by Deployment Type
6.1 Europe On-premise Market by Country
6.2 Europe Cloud Market by Country

Chapter 7. Europe Employee Engagement Software Market by Function
7.1 Europe Collaboration & Interaction Market by Country
7.2 Europe Training Market by Country
7.3 Europe Onboarding Market by Country
7.4 Europe Customer Service Market by Country
7.5 Europe Rewards & Recognitions Market by Country
7.6 Europe Others Market by Country

Chapter 8. Europe Employee Engagement Software Market by Country
8.1 Germany Employee Engagement Software Market
8.1.1 Germany Employee Engagement Software Market by Vertical
8.1.2 Germany Employee Engagement Software Market by Enterprise Size
8.1.3 Germany Employee Engagement Software Market by Deployment Type
8.1.4 Germany Employee Engagement Software Market by Function
8.2 UK Employee Engagement Software Market
8.2.1 UK Employee Engagement Software Market by Vertical
8.2.2 UK Employee Engagement Software Market by Enterprise Size
8.2.3 UK Employee Engagement Software Market by Deployment Type
8.2.4 UK Employee Engagement Software Market by Function
8.3 France Employee Engagement Software Market
8.3.1 France Employee Engagement Software Market by Vertical
8.3.2 France Employee Engagement Software Market by Enterprise Size
8.3.3 France Employee Engagement Software Market by Deployment Type
8.3.4 France Employee Engagement Software Market by Function
8.4 Russia Employee Engagement Software Market
8.4.1 Russia Employee Engagement Software Market by Vertical
8.4.2 Russia Employee Engagement Software Market by Enterprise Size
8.4.3 Russia Employee Engagement Software Market by Deployment Type
8.4.4 Russia Employee Engagement Software Market by Function
8.5 Spain Employee Engagement Software Market
8.5.1 Spain Employee Engagement Software Market by Vertical
8.5.2 Spain Employee Engagement Software Market by Enterprise Size
8.5.3 Spain Employee Engagement Software Market by Deployment Type
8.5.4 Spain Employee Engagement Software Market by Function
8.6 Italy Employee Engagement Software Market
8.6.1 Italy Employee Engagement Software Market by Vertical
8.6.2 Italy Employee Engagement Software Market by Enterprise Size
8.6.3 Italy Employee Engagement Software Market by Deployment Type
8.6.4 Italy Employee Engagement Software Market by Function
8.7 Rest of Europe Employee Engagement Software Market
8.7.1 Rest of Europe Employee Engagement Software Market by Vertical
8.7.2 Rest of Europe Employee Engagement Software Market by Enterprise Size
8.7.3 Rest of Europe Employee Engagement Software Market by Deployment Type
8.7.4 Rest of Europe Employee Engagement Software Market by Function

Chapter 9. Company Profiles
9.1 15Five, Inc.
9.1.1 Company Overview
9.1.2 Recent strategies and developments:
9.1.2.1 Product Launches and Product Expansions:
9.1.2.2 Acquisition and Mergers:
9.2 Degree, Inc. (Lattice)
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Product Launches and Product Expansions:
9.2.2.2 Geographical Expansions:
9.3 Smartly, Inc.
9.3.1 Company Overview
9.4 Vantage Circle (Bargain Technologies Private Limited)
9.4.1 Company Overview
9.4.2 Recent strategies and developments:
9.4.2.1 Partnerships, Collaborations, and Agreements:
9.4.2.2 Product Launches and Product Expansions:
9.5 Nreach Online Services Private Limited (Gift Management Asia Pte Ltd)
9.5.1 Company Overview
9.6 Workvivo Limited
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Product Launches and Product Expansions:
9.7 Synergita Software Private Limited (Aspire Systems Group)
9.7.1 Company Overview
9.8 Leapsome GmbH
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Geographical Expansions:
9.9 Kudos, Inc.
9.9.1 Company Overview
9.10. Culture Amp Pty Ltd.
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
9.10.2.2 Product Launches and Product Expansions:
9.10.2.3 Acquisition and Mergers:

TABLE 1 Europe Employee Engagement Software Market, 2019 - 2022, USD Million
TABLE 2 Europe Employee Engagement Software Market, 2023 - 2029, USD Million
TABLE 3 Europe Employee Engagement Software Market by Vertical, 2019 - 2022, USD Million
TABLE 4 Europe Employee Engagement Software Market by Vertical, 2023 - 2029, USD Million
TABLE 5 Europe Telecom & IT Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Telecom & IT Market by Country, 2023 - 2029, USD Million
TABLE 7 Europe Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Healthcare Market by Country, 2023 - 2029, USD Million
TABLE 9 Europe Retail Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Retail Market by Country, 2023 - 2029, USD Million
TABLE 11 Europe Government Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Government Market by Country, 2023 - 2029, USD Million
TABLE 13 Europe Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Manufacturing Market by Country, 2023 - 2029, USD Million
TABLE 15 Europe BFSI Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe BFSI Market by Country, 2023 - 2029, USD Million
TABLE 17 Europe Hospitality Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Hospitality Market by Country, 2023 - 2029, USD Million
TABLE 19 Europe Other Vertical Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Other Vertical Market by Country, 2023 - 2029, USD Million
TABLE 21 Europe Employee Engagement Software Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 22 Europe Employee Engagement Software Market by Enterprise Size, 2023 - 2029, USD Million
TABLE 23 Europe Large Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Large Enterprises Market by Country, 2023 - 2029, USD Million
TABLE 25 Europe Small & Medium Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Small & Medium Enterprises Market by Country, 2023 - 2029, USD Million
TABLE 27 Europe Employee Engagement Software Market by Deployment Type, 2019 - 2022, USD Million
TABLE 28 Europe Employee Engagement Software Market by Deployment Type, 2023 - 2029, USD Million
TABLE 29 Europe On-premise Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe On-premise Market by Country, 2023 - 2029, USD Million
TABLE 31 Europe Cloud Market by Country, 2019 - 2022, USD Million
TABLE 32 Europe Cloud Market by Country, 2023 - 2029, USD Million
TABLE 33 Europe Employee Engagement Software Market by Function, 2019 - 2022, USD Million
TABLE 34 Europe Employee Engagement Software Market by Function, 2023 - 2029, USD Million
TABLE 35 Europe Collaboration & Interaction Market by Country, 2019 - 2022, USD Million
TABLE 36 Europe Collaboration & Interaction Market by Country, 2023 - 2029, USD Million
TABLE 37 Europe Training Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Training Market by Country, 2023 - 2029, USD Million
TABLE 39 Europe Onboarding Market by Country, 2019 - 2022, USD Million
TABLE 40 Europe Onboarding Market by Country, 2023 - 2029, USD Million
TABLE 41 Europe Customer Service Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe Customer Service Market by Country, 2023 - 2029, USD Million
TABLE 43 Europe Rewards & Recognitions Market by Country, 2019 - 2022, USD Million
TABLE 44 Europe Rewards & Recognitions Market by Country, 2023 - 2029, USD Million
TABLE 45 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 46 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 47 Europe Employee Engagement Software Market by Country, 2019 - 2022, USD Million
TABLE 48 Europe Employee Engagement Software Market by Country, 2023 - 2029, USD Million
TABLE 49 Germany Employee Engagement Software Market, 2019 - 2022, USD Million
TABLE 50 Germany Employee Engagement Software Market, 2023 - 2029, USD Million
TABLE 51 Germany Employee Engagement Software Market by Vertical, 2019 - 2022, USD Million
TABLE 52 Germany Employee Engagement Software Market by Vertical, 2023 - 2029, USD Million
TABLE 53 Germany Employee Engagement Software Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 54 Germany Employee Engagement Software Market by Enterprise Size, 2023 - 2029, USD Million
TABLE 55 Germany Employee Engagement Software Market by Deployment Type, 2019 - 2022, USD Million
TABLE 56 Germany Employee Engagement Software Market by Deployment Type, 2023 - 2029, USD Million
TABLE 57 Germany Employee Engagement Software Market by Function, 2019 - 2022, USD Million
TABLE 58 Germany Employee Engagement Software Market by Function, 2023 - 2029, USD Million
TABLE 59 UK Employee Engagement Software Market, 2019 - 2022, USD Million
TABLE 60 UK Employee Engagement Software Market, 2023 - 2029, USD Million
TABLE 61 UK Employee Engagement Software Market by Vertical, 2019 - 2022, USD Million
TABLE 62 UK Employee Engagement Software Market by Vertical, 2023 - 2029, USD Million
TABLE 63 UK Employee Engagement Software Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 64 UK Employee Engagement Software Market by Enterprise Size, 2023 - 2029, USD Million
TABLE 65 UK Employee Engagement Software Market by Deployment Type, 2019 - 2022, USD Million
TABLE 66 UK Employee Engagement Software Market by Deployment Type, 2023 - 2029, USD Million
TABLE 67 UK Employee Engagement Software Market by Function, 2019 - 2022, USD Million
TABLE 68 UK Employee Engagement Software Market by Function, 2023 - 2029, USD Million
TABLE 69 France Employee Engagement Software Market, 2019 - 2022, USD Million
TABLE 70 France Employee Engagement Software Market, 2023 - 2029, USD Million
TABLE 71 France Employee Engagement Software Market by Vertical, 2019 - 2022, USD Million
TABLE 72 France Employee Engagement Software Market by Vertical, 2023 - 2029, USD Million
TABLE 73 France Employee Engagement Software Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 74 France Employee Engagement Software Market by Enterprise Size, 2023 - 2029, USD Million
TABLE 75 France Employee Engagement Software Market by Deployment Type, 2019 - 2022, USD Million
TABLE 76 France Employee Engagement Software Market by Deployment Type, 2023 - 2029, USD Million
TABLE 77 France Employee Engagement Software Market by Function, 2019 - 2022, USD Million
TABLE 78 France Employee Engagement Software Market by Function, 2023 - 2029, USD Million
TABLE 79 Russia Employee Engagement Software Market, 2019 - 2022, USD Million
TABLE 80 Russia Employee Engagement Software Market, 2023 - 2029, USD Million
TABLE 81 Russia Employee Engagement Software Market by Vertical, 2019 - 2022, USD Million
TABLE 82 Russia Employee Engagement Software Market by Vertical, 2023 - 2029, USD Million
TABLE 83 Russia Employee Engagement Software Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 84 Russia Employee Engagement Software Market by Enterprise Size, 2023 - 2029, USD Million
TABLE 85 Russia Employee Engagement Software Market by Deployment Type, 2019 - 2022, USD Million
TABLE 86 Russia Employee Engagement Software Market by Deployment Type, 2023 - 2029, USD Million
TABLE 87 Russia Employee Engagement Software Market by Function, 2019 - 2022, USD Million
TABLE 88 Russia Employee Engagement Software Market by Function, 2023 - 2029, USD Million
TABLE 89 Spain Employee Engagement Software Market, 2019 - 2022, USD Million
TABLE 90 Spain Employee Engagement Software Market, 2023 - 2029, USD Million
TABLE 91 Spain Employee Engagement Software Market by Vertical, 2019 - 2022, USD Million
TABLE 92 Spain Employee Engagement Software Market by Vertical, 2023 - 2029, USD Million
TABLE 93 Spain Employee Engagement Software Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 94 Spain Employee Engagement Software Market by Enterprise Size, 2023 - 2029, USD Million
TABLE 95 Spain Employee Engagement Software Market by Deployment Type, 2019 - 2022, USD Million
TABLE 96 Spain Employee Engagement Software Market by Deployment Type, 2023 - 2029, USD Million
TABLE 97 Spain Employee Engagement Software Market by Function, 2019 - 2022, USD Million
TABLE 98 Spain Employee Engagement Software Market by Function, 2023 - 2029, USD Million
TABLE 99 Italy Employee Engagement Software Market, 2019 - 2022, USD Million
TABLE 100 Italy Employee Engagement Software Market, 2023 - 2029, USD Million
TABLE 101 Italy Employee Engagement Software Market by Vertical, 2019 - 2022, USD Million
TABLE 102 Italy Employee Engagement Software Market by Vertical, 2023 - 2029, USD Million
TABLE 103 Italy Employee Engagement Software Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 104 Italy Employee Engagement Software Market by Enterprise Size, 2023 - 2029, USD Million
TABLE 105 Italy Employee Engagement Software Market by Deployment Type, 2019 - 2022, USD Million
TABLE 106 Italy Employee Engagement Software Market by Deployment Type, 2023 - 2029, USD Million
TABLE 107 Italy Employee Engagement Software Market by Function, 2019 - 2022, USD Million
TABLE 108 Italy Employee Engagement Software Market by Function, 2023 - 2029, USD Million
TABLE 109 Rest of Europe Employee Engagement Software Market, 2019 - 2022, USD Million
TABLE 110 Rest of Europe Employee Engagement Software Market, 2023 - 2029, USD Million
TABLE 111 Rest of Europe Employee Engagement Software Market by Vertical, 2019 - 2022, USD Million
TABLE 112 Rest of Europe Employee Engagement Software Market by Vertical, 2023 - 2029, USD Million
TABLE 113 Rest of Europe Employee Engagement Software Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 114 Rest of Europe Employee Engagement Software Market by Enterprise Size, 2023 - 2029, USD Million
TABLE 115 Rest of Europe Employee Engagement Software Market by Deployment Type, 2019 - 2022, USD Million
TABLE 116 Rest of Europe Employee Engagement Software Market by Deployment Type, 2023 - 2029, USD Million
TABLE 117 Rest of Europe Employee Engagement Software Market by Function, 2019 - 2022, USD Million
TABLE 118 Rest of Europe Employee Engagement Software Market by Function, 2023 - 2029, USD Million
TABLE 119 Key Information – 15Five, Inc.
TABLE 120 Key Information – Degree, Inc.
TABLE 121 Key Information – Smartly, Inc.
TABLE 122 Key Information – Vantage Circle
TABLE 123 Key Information – Nreach Online Services Private Limited
TABLE 124 Key Information – Workvivo Limited
TABLE 125 Key Information – Synergita Software Private Limited
TABLE 126 Key Information – Leapsome GmbH
TABLE 127 Key Information – Kudos, Inc.
TABLE 128 Key Information – Culture Amp Pty Ltd.

List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: 15Five, Inc.
FIG 3 Recent strategies and developments: Degree, Inc.
FIG 4 Recent strategies and developments: Vantage Circle
FIG 5 Recent strategies and developments: Culture Amp Pty Ltd.