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New report examines the World performance appraisal and management software market to grow at 8.45% CAGR to 2020

Global Performance Appraisal and Management Software Market 2016-2020, report covers the present scenario and the growth prospects of the global performance appraisal and management software market for 2016-2020. To calculate the market size, the report considers the revenue of large, small, and medium enterprises that provide the performance appraisal and management software across the globe.

Global Performance Appraisal and M… Market 2016-2020, 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.

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This analyst forecast the global performance appraisal and management software market to grow at a CAGR of 8.45% during the period 2016-2020.Performance appraisal is the process of the evaluation of the employees by the manager.

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Evaluation is based on the employee's overall contribution to the organization.

It also aids in analyzing the abilities and skills of an employee for their future growth. Web-based performance management software system offers performance review, 360-degree feedback, learning content integration and compensation.

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

  • Americas
  • APAC
  • EMEA

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Key vendors

SAP SuccessFactors
SumTotal Systems
Ultimate Software

Other prominent vendors

Cornerstone OnDemand
Hirezon Corporation
Zoho Corporation

Market driver

Need for simplified performance appraisal process

Market challenge

Data security and privacy

Market trend

Replacing traditional appraisal process with new approach

Key questions answered in this report

  • What will the market size be in 2020 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?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?