Analysis and Forecasts by Offering (Solution, and Service), Enterprise Size (Small & Medium Enterprise, and Large Enterprise), Industry Vertical (BFSI, Government, IT & Telecom, Manufacturing, Retail, and Others)
No. of Pages:121
Report Code:
TIPRE00007118
Category:
Technology, Media and Telecommunications
Europe's employee monitoring solution market is expected to grow from US$ 195.02 Mn in 2018 to US$ 339.86 Mn by the year 2027. This represents a CAGR of 6.5% from the year 2018 to 2027.
With the advancements in technologies such as the introduction of artificial intelligence and the future workspaces would have intelligent employee monitoring solutions that would be capable of performing more than just tracking. There is a shift of focus towards behavior analysis, and future employee monitoring solutions would be able to track behavioral changes in employees' behavior in multiple ways. This would help organizations to access behavioral anomalies in real-time and avoid the threat of insider attacks. In the coming years, the employee monitoring solutions are expected to monitor if an employee is unhappy, thus most likely to resign. This functionality is similar to Hitachi's Happiness Meter, which measures the happiness of employees. The companies are working rigorously on the development of advanced monitoring solutions. Thus, to attract more customers, companies are focusing on developing advanced solutions that would help them to gain a strong position in the employee monitoring solutions market.
Currently, Germany is dominating the employee monitoring solution market in terms of adoption, which in turn boost the demand for employee monitoring solution market. Germany is a highly industrialized country, and its economically leading industries include chemicals, automotive, electronics, and food & beverages. The country has a strong manufacturing sector, according to the data provided by the World Bank, the manufacturing industry contributed about 20.8% of the total GDP in the year 2018. With the growing focus of organizations towards gaining flexibility and achieving better operational practices, the demand for employee monitoring solutions is expected to grow across the manufacturing sector. Therefore, a strong manufacturing sector in the region is positively impacting the revenue generation of employee monitoring solutions in the region. The figure is given below highlights the revenue share of the Rest of Europe in the Europe employee monitoring solution market in the forecast period:
Exhibit: Rest of Europe Employee Monitoring Solution Market Revenue and Forecasts to 2027 (US$ Mn)
Europe EMPLOYEE MONITORING SOLUTION MARKET - SEGMENTATION
Europe Employee Monitoring Solution Market by Offering
Solution
Service
Europe Employee monitoring solution Market by Enterprise Size
SMEs
Large Enterprise
Europe Employee monitoring solution Market by Industry Vertical
BFSI
Government
IT & Telecom
Manufacturing
Retail
Others
Europe Employee monitoring solution Market by Country
UK
Germany
France
Italy
Russia
Rest of Europe
Europe Employee monitoring solution Companies Mentioned
Awareness Technologies Inc
Clever Security Software Ltd
Ekran Systems, Inc.
iMonitor Software
Intego
Pilixo
SentryPC
StaffCop
Teramind, Inc.
Veriato
Europe Employee Monitoring Solution Market Strategic Insights
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Europe Employee Monitoring Solution Market Segmentation Analysis
Europe Employee Monitoring Solution Market Report Highlights
Europe Employee Monitoring Solution Report Scope
Report Attribute
Details
Market size in 2018
US$ 195.02 Million
Market Size by 2027
US$ 339.86 Million
CAGR (2018 - 2027)
6.5%
Historical Data
2016-2017
Forecast period
2019-2027
Segments Covered
By Offering
Solution
Service
By Enterprise Size
Small & Medium Enterprise
Large Enterprise
By Industry Vertical
BFSI
Government
IT & Telecom
Manufacturing
Retail
Regions and Countries Covered
Europe
UK
Germany
France
Russia
Italy
Rest of Europe
Market leaders and key company profiles
Awareness Technologies Inc.
Clever Security Software Ltd
Ekran Systems, Inc.
iMonitor Software
Intego
Pilixo
SentryPC
StaffCop
Teramind, Inc.
Veriato
Get more information on this report
Europe Employee Monitoring Solution Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
How big is the Europe Employee Monitoring Solution Market?
The Europe Employee Monitoring Solution Market is valued at US$ 195.02 Million in 2018, it is projected to reach US$ 339.86 Million by 2027.
What is the CAGR for Europe Employee Monitoring Solution Market by (2018 - 2027)?
As per our report Europe Employee Monitoring Solution Market, the market size is valued at US$ 195.02 Million in 2018, projecting it to reach US$ 339.86 Million by 2027. This translates to a CAGR of approximately 6.5% during the forecast period.
What segments are covered in this report?
The Europe Employee Monitoring Solution Market report typically cover these key segments-
Offering (Solution, Service)
Enterprise Size (Small & Medium Enterprise, Large Enterprise)
Industry Vertical (BFSI, Government, IT & Telecom, Manufacturing, Retail)
What is the historic period, base year, and forecast period taken for Europe Employee Monitoring Solution Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Employee Monitoring Solution Market report:
Historic Period : 2016-2017
Base Year : 2018
Forecast Period : 2019-2027
Who are the major players in Europe Employee Monitoring Solution Market?
The Europe Employee Monitoring Solution Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Awareness Technologies Inc.
Clever Security Software Ltd
Ekran Systems, Inc.
iMonitor Software
Intego
Pilixo
SentryPC
StaffCop
Teramind, Inc.
Veriato
Who should buy this report?
The Europe Employee Monitoring Solution Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Europe Employee Monitoring Solution Market value chain can benefit from the information contained in a comprehensive market report.
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