Performance Appraisal Software Market

Performance Appraisal Software Market studies the Performance Appraisal Software market, Performance Appraisal Software, always mentioned with Performance management software, helps organizations establish employee performance standards and enables managers to evaluate employees? job performance in relation to these standards. Performance management systems are used to manage employee progress, performance, and development in relation to organizational goals. Companies use performance management software to facilitate meaningful and ongoing discussions between managers and direct reports.

Performance Appraisal Software is most commonly implemented by HR departments to support manager-level staff throughout various departments at an organization evaluate employees, conduct performance reviews, maintain a record of discussion topics, and facilitate 360-degree feedback. Many performance management solutions offer organizational planning capabilities that help HR departments ensure certain skill sets are present within the organization and plan for succession contingencies in case of employee departure. Performance management software can be implemented either as a standalone solution or as part of an integrated HR management suite.
Performance Appraisal Software Market contains market size and forecasts of Performance Appraisal Software in Global, including the following market information:
Global Performance Appraisal Software Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Performance Appraisal Software market was valued at 2308.1 million in 2021 and is projected to reach US$ 6784.3 million by 2028, at a CAGR of 16.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
On-premise Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Performance Appraisal Software include Oracle, Saba, SAP, SumTotal Systems, Ultimate Software, Cornerstone OnDemand, Performly, Impraise and MAUS, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Performance Appraisal Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Performance Appraisal Software Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Performance Appraisal Software Market Segment Percentages, by Type, 2021 (%)
On-premise
Cloud-based
Web-based
Global Performance Appraisal Software Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Performance Appraisal Software Market Segment Percentages, by Application, 2021 (%)
Small Business
Medium-sized Business
Large Business
Global Performance Appraisal Software Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Performance Appraisal Software Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Performance Appraisal Software revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Performance Appraisal Software revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Oracle
Saba
SAP
SumTotal Systems
Ultimate Software
Cornerstone OnDemand
Performly
Impraise
MAUS
BambooHR
Namely
Zoho Corporation
BreatheHR
Trakstar
ClearCompany
Actus
Insperity
Reviewsnap
PeopleGoal
Beisen