Employee Wellness Software Market by Types (Mobile App and Web-based), Deployment Modes (Cloud and On-premise), Organization Size [Large Enterprises (1000+ Users), Medium-Sized Enterprise (499-1000 Users), and Small Enterprises (1-499 Users)), and Regions (Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa) Forecasts, 2021-2028
The global employee wellness software market is anticipated to expand at a substantial CAGR during the forecast period, between 2021 and 2028. Employee wellness software is a comprehensive method to motivate employees to pay attention to their health, resulting in more balanced company culture. Companies can use the software to encourage their staff to live healthier lifestyles. Employee involvement, confidential health exams, incentives and rewards, health education, and progress monitoring are few of the options. Machine learning, AI, and other technologies are supported by employee wellness software, resulting in tailored exercise regimens for each employee. The programme also includes individualised food charts, step tracking and monitoring, motorised cholesterol, blood pressure monitoring, and personal health coaches.
Market Trends, Drivers, Restraints, and Opportunities:
- Increasing awareness among employees to regularly screen health by software, encourage preventative care, and save medical expenses is driving the market growth.
- Employee health software can benefit from the growing usage of smartphones in developed countries. Employee wellness motivates employees to adopt a healthy lifestyle, which helps organisations boost productivity and save expenses.
- Lack of awareness about such programs in developing countries can hinder the market growth
- Many organizations and enterprises across a variety of industry verticals have begun to develop health-related programmes for their employees, which is estimated to create lucrative opportunities for the market.
Scope of the report:
The report on the global employee wellness software market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
| Attributes | Details |
| Report Title | Employee Wellness Software Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
| Base Year | 2020 |
| Historic Data | 2018 & 2019 |
| Forecast Period | 2021–2028 |
| Segmentation | Types (Mobile App and Web-based), Deployment Modes (Cloud and On-premise), Organization Size [Large Enterprises (1000+ Users), Medium-Sized Enterprise (499-1000 Users), and Small Enterprises (1-499 Users)), |
| Regional Scope | Asia Pacific, North America, Europe, Latin America, and Middle East & Africa |
| Report Coverage | Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast |
| Key Players Covered in the Report | Sprout, Achievers, Tracxn Technologies, Virtuagym, CoreHealth Technologies, Elevo, Terryberry, LifeWorks, Corporate Health Partners, Virgin Pulse |
Employee Wellness Software Market Segment Insights:
Mobile app segment is projected to hold a significant market share
In the terms of types, the market can be bifurcated into mobile apps and web-based. The mobile apps segment held a considerable share of the market in 2020 owing to rising health consciousness, smartphone usage, and the use of fitness applications. Furthermore, a significant increase in fitness app downloads during the COVID-19 epidemic is fueling the segment growth. According to the World Health Organization (WHO) research, the number of individuals using health and wellness applications was expected to increase by 78% by 2020. Additionally, the working population in emerging nations and demand for employee wellness software are spurring the segment growth.
Cloud segment held a substantial market share in 2020
Based on applications, the market can be fragmented into cloud and on-premise. The cloud segment constituted a significant market share in 2020 and is projected to expand at a rapid rate during the forecast period. An employee can access the software from almost anywhere due to cloud deployment. Affordability, high security and quick deployment are some of the major drivers behind the high adoption of cloud software. As cloud segment software has comparatively low maintenance costs than on-premise, it is much preferred by employers’.
Large enterprises segment to grow at a steady rate during the forecast period
Based on end-users, the market can be segregated into large enterprises (1000+ users), medium-sized enterprises (499-1000 users), and small enterprises (1-499 users). The large enterprises segment is expected to hold a significant share of the market during the forecast period. Services and programs can be integrated into the infrastructure of larger organizations. Small businesses might profit from corporate memberships and services outsourcing. Employee wellness initiatives aid in the detection of a variety of illnesses. Health screening programs are done regularly to monitor health, promote preventative care, and lower treatment costs. Employee wellness programs that concentrate on these diseases can help to minimize disease burden and the total cost of healthcare premiums paid by the business to any insurance provider.
North America to dominate the global market
In terms of regions, the global employee wellness software market can be fragmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America constituted a significant share of the market in 2020 due to rising awareness among employees about health. During the forecast period, the market in Asia Pacific is expected to develop at a rapid pace owing to growing demand for employee wellness programs, rising working population, and increased awareness of employee health management in countries such as India and China.
Segments
By Types
- Mobile Apps
- Web-based
By Deployment Modes
- Cloud
- On-premise
By Organization Size
- Large Enterprises (1000+ Users)
- Medium-Sized Enterprises (499-1000 Users)
- Small Enterprises (1-499 Users)
By Regions
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East & Africa
Key Players
- Sprout
- Achievers
- Tracxn Technologies
- Virtuagym
- CoreHealth Technologies
- Elevo
- Terryberry
- LifeWorks
- Corporate Health Partners
- Virgin Pulse
Competitive Landscape
Key players in the global employee wellness software market are Sprout, Achievers, Tracxn Technologies, Virtuagym, CoreHealth Technologies, Elevo, Terryberry, LifeWorks, Corporate Health Partners, Virgin Pulse. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Employee Wellness Software Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Employee Wellness Software Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Employee Wellness Software Market - Supply Chain
4.5. Global Employee Wellness Software Market Forecast
4.5.1. Employee Wellness Software Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Employee Wellness Software Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Employee Wellness Software Market Absolute $ Opportunity
5. Global Employee Wellness Software Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Employee Wellness Software Market Size and Volume Forecast by Types
5.3.1. Mobile Apps Web-based
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Employee Wellness Software Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Employee Wellness Software Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Employee Wellness Software Demand Share Forecast, 2019-2026
7. North America Employee Wellness Software Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Employee Wellness Software Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Employee Wellness Software Market Size and Volume Forecast by Types
7.4.1. Mobile Apps Web-based
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Employee Wellness Software Demand Share Forecast, 2019-2026
8. Latin America Employee Wellness Software Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Employee Wellness Software Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Employee Wellness Software Market Size and Volume Forecast by Types
8.4.1. Mobile Apps Web-based
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Employee Wellness Software Demand Share Forecast, 2019-2026
9. Europe Employee Wellness Software Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Employee Wellness Software Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Employee Wellness Software Market Size and Volume Forecast by Types
9.4.1. Mobile Apps Web-based
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Employee Wellness Software Demand Share Forecast, 2019-2026
10. Asia Pacific Employee Wellness Software Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Employee Wellness Software Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Employee Wellness Software Market Size and Volume Forecast by Types
10.4.1. Mobile Apps Web-based
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Employee Wellness Software Demand Share Forecast, 2019-2026
11. Middle East & Africa Employee Wellness Software Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Employee Wellness Software Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Employee Wellness Software Market Size and Volume Forecast by Types
11.4.1. Mobile Apps Web-based
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Employee Wellness Software Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Employee Wellness Software Market: Market Share Analysis
12.2. Employee Wellness Software Distributors and Customers
12.3. Employee Wellness Software Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Sprout Achievers Tracxn Technologies Virtuagym CoreHealth Technologies Elevo
2. Assumptions and Acronyms Used
3. Research Methodology
4. Employee Wellness Software Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Employee Wellness Software Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Employee Wellness Software Market - Supply Chain
4.5. Global Employee Wellness Software Market Forecast
4.5.1. Employee Wellness Software Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Employee Wellness Software Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Employee Wellness Software Market Absolute $ Opportunity
5. Global Employee Wellness Software Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Employee Wellness Software Market Size and Volume Forecast by Types
5.3.1. Mobile Apps Web-based
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Employee Wellness Software Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Employee Wellness Software Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Employee Wellness Software Demand Share Forecast, 2019-2026
7. North America Employee Wellness Software Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Employee Wellness Software Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Employee Wellness Software Market Size and Volume Forecast by Types
7.4.1. Mobile Apps Web-based
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Employee Wellness Software Demand Share Forecast, 2019-2026
8. Latin America Employee Wellness Software Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Employee Wellness Software Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Employee Wellness Software Market Size and Volume Forecast by Types
8.4.1. Mobile Apps Web-based
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Employee Wellness Software Demand Share Forecast, 2019-2026
9. Europe Employee Wellness Software Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Employee Wellness Software Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Employee Wellness Software Market Size and Volume Forecast by Types
9.4.1. Mobile Apps Web-based
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Employee Wellness Software Demand Share Forecast, 2019-2026
10. Asia Pacific Employee Wellness Software Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Employee Wellness Software Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Employee Wellness Software Market Size and Volume Forecast by Types
10.4.1. Mobile Apps Web-based
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Employee Wellness Software Demand Share Forecast, 2019-2026
11. Middle East & Africa Employee Wellness Software Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Employee Wellness Software Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Employee Wellness Software Market Size and Volume Forecast by Types
11.4.1. Mobile Apps Web-based
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Employee Wellness Software Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Employee Wellness Software Market: Market Share Analysis
12.2. Employee Wellness Software Distributors and Customers
12.3. Employee Wellness Software Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Sprout Achievers Tracxn Technologies Virtuagym CoreHealth Technologies Elevo
By Types
- Mobile Apps
- Web-based
By Deployment Modes
- Cloud
- On-premise
By Organization Size
- Large Enterprises (1000+ Users)
- Medium-Sized Enterprises (499-1000 Users)
- Small Enterprises (1-499 Users)
By Regions
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East & Africa
Key Players
- Sprout
- Achievers
- Tracxn Technologies
- Virtuagym
- CoreHealth Technologies
- Elevo
- Terryberry
- LifeWorks
- Corporate Health Partners
- Virgin Pulse
Key players in the global employee wellness software market are Sprout, Achievers, Tracxn Technologies, Virtuagym, CoreHealth Technologies, Elevo, Terryberry, LifeWorks, Corporate Health Partners, Virgin Pulse. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
Our Clients
Related Reports
Some other reports from this category!
