Market Research Logo

Global Performance Appraisal Software Market 2018-2022

Global Performance Appraisal Software Market 2018-2022

About Performance Appraisal Software

Performance appraisal software have pre-defined programs that centralize processes such as monitoring compensation strategy; providing employee satisfaction; monitoring compensation levels, bonus payments, and awards; monitoring and analyzing compensation data; addressing employee queries about benefits; and streamlining processes to eliminate manual and ad hoc processes.

Technavio’s analysts forecast the global performance appraisal software market to grow at a CAGR of 8.42% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global performance appraisal software market for 2018-2022. To calculate the market size, the report considers the revenue generated from the performance appraisal software.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA


Technavio's report, Global Performance Appraisal Software Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Oracle
  • Saba Software
  • SAP SuccessFactors
  • SumTotal System
  • Ultimate Software
Market driver
  • Increased dependency on internet
  • For a full, detailed list, view our report
Market challenge
  • Availability of open-source performance appraisal software
  • For a full, detailed list, view our report
Market trend
  • Emergence of cloud computing services
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Performance Appraisal Software Market 2018-2022

Technavio recognizes the following companies as the key players in the global performance appraisal software market: Oracle, Saba Software, SAP SuccessFactors, SumTotal System, and Ultimate Software

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is emergence of cloud computing services. The introduction of cloud computing has improved and simplified the capabilities of performance appraisal software. Cloud computing provides central administration and control of all resources and HR-related activities. Cloud computing eliminates the need for users to update and maintain their IT infrastructure. Services and maintenance are provided by the vendors that offered the performance appraisal software. Users do not have to install additional software to access applications and services. Service level agreements (SLAs) ensure the reliable delivery, management, and maintenance of service. ”

According to the report, one of the major drivers for this market is Increased dependency on internet. The increased use of the internet for day-to-day activities and critical operations is driving the growth of the market. Companies are offering storage services on cloud, leading to the storage of critical information on the internet. Many companies across the world are adopting fully digitized systems in their HR departments. Although online models have several benefits over traditional models, they are associated with security threats.

Further, the report states that one of the major factors hindering the growth of this market is Availability of open-source performance appraisal software. The availability of several open-source performance appraisal software is a major challenge for the growth of the global performance appraisal software market. For instance, HRtrack and Sleekr provide organizations free access to performance appraisal tools. Moreover, the global performance appraisal software market has many open-source vendors that provide a range of performance appraisal tools and applications, which are economical solutions for organizations with limited resources and expertise.

Companies Mentioned

Oracle, Saba Software, SAP SuccessFactors, SumTotal System, and Ultimate Software

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global IT software market: Segments
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Global performance appraisal software market: Segments
  • Market sizing
    • Market definition
      • Table Market definition: Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global performance appraisal software market 2017-2022 ($ millions)
      • Table Performance appraisal procedure
      • Table Global performance appraisal software market: Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition: Five forces 2017
  • Market segmentation by deployment model
    • Segmentation by deployment model
      • Table Global performance appraisal software market: Segmentation by deployment model 2017-2022 (% share)
    • Comparison by deployment model
      • Table Comparison by deployment model
    • Global cloud-based performance appraisal software market 2017-2022
      • Table Global cloud-based performance appraisal software market 2017-2022 ($ millions)
      • Table Global cloud-based performance appraisal software market: Year-over-year growth 2018-2022 (%)
    • Global on-premises performance appraisal software market 2017-2022
      • Table Global on-premises performance appraisal software market 2017-2022 ($ millions)
      • Table Global on-premises performance appraisal software market: Year-over-year growth 2018-2022 (%)
    • Market opportunity by deployment model
      • Table Market opportunity by deployment model
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global performance appraisal software market: Segmentation by geography 2017-2022 (% share)
    • Regional comparison
      • Table Regional comparison
    • Performance appraisal software market in Americas 2017-2022
      • Table Performance appraisal software market in Americas 2017-2022 ($ millions)
      • Table Performance appraisal software market in Americas: Year-over-year growth 2018-2022 (%)
      • Table Top-three countries in Americas
    • Performance appraisal software market in EMEA 2017-2022
      • Table Performance appraisal software market in EMEA 2017-2022 ($ millions)
      • Table Performance appraisal software market in EMEA: Year-over-year growth 2018-2022 (%)
      • Table Top-three countries in EMEA
    • Performance appraisal software market in APAC 2017-2022
      • Table Performance appraisal software market in APAC 2017-2022 ($ millions)
      • Table Performance appraisal software market in APAC: Year-over-year growth 2018-2022 (%)
      • Table Top-three countries in APAC
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Share of Internet users by region 2016 (%)
    • Market challenges
  • Market trends
    • Emergence of cloud computing services
    • Increasing demand for data integration and visual analytics
    • Proliferation of mobile devices in performance review
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive landscape
    • Key vendors
      • Table Key vendors in global performance appraisal software market 2017
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Oracle
      • Table Oracle: Overview
      • Table Oracle: Business segments
      • Table Oracle: Organizational developments
      • Table Oracle: Geographic focus
      • Table Oracle: Segment focus
      • Table Oracle: Key offerings
      • Table Oracle: Key customers
    • Saba Software
      • Table Saba Software: Overview
      • Table Saba Software: Business segments
      • Table Saba Software: Organizational developments
      • Table Saba Software: Geographic focus
      • Table Saba Software: Segment focus
      • Table Saba Software: Key offerings
      • Table Saba Software: Key customers
    • SAP SuccessFactors
      • Table SAP SuccessFactors: Overview
      • Table SAP SuccessFactors - Business segments
      • Table SAP SuccessFactors: Organizational developments
      • Table SAP SuccessFactors: Geographic focus
      • Table SAP SuccessFactors: Segment focus
      • Table SAP SuccessFactors: Key offerings
    • SumTotal System
      • Table SumTotal System: Overview
      • Table SumTotal System: Business segments
      • Table SumTotal System: Organizational developments
      • Table SumTotal System: Geographic focus
      • Table SumTotal System: Segment focus
      • Table SumTotal System: Key offerings
      • Table SumTotal System: Key customers
    • Ultimate Software
      • Table Ultimate Software: Overview
      • Table Ultimate Software: Business segments
      • Table Ultimate Software: Organizational developments
      • Table Ultimate Software: Geographic focus
      • Table Ultimate Software: Segment focus
      • Table Ultimate Software: Key offerings
      • Table Ultimate Software: Key customers
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report