Employee Monitoring Solutions Market to Witness Robust Expansion by 2026| Teramind Inc., CleverControl Inc, iMonitor Software, SearchInform LTD

Employee Monitoring Solutions Market

The Global Employee Monitoring Solutions Market report highlights all the dominant facets and key players of the Employee Monitoring Solutions Market which contributes a lot in ever-changing growth patterns of the market. This is report has been designed for readers who wants to know how the market is going to behave in forecast period from 2019 till 2026.

Global Employee Monitoring Solutions Market By Component (Software, Professional Service), Solution (Standalone, Integrated), Enterprise Size (SMEs, Large Enterprise), Application (System Monitoring, File Monitoring, Network Monitoring), Industry (BFSI, Education, Government & Defense, Hospitality, Healthcare & Life Sciences, Legal, Manufacturing, Retail, Telecom & IT, Energy & Utilities, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

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Few of the leading organizations’ names are listed here– InterGuard; ActivTrak; Atom Security, Inc.; Teramind Inc.; CleverControl Inc; iMonitor Software; Nandini Infosys Pvt Ltd; SearchInform LTD; NetVizor; Saba Software; NesterSoft Inc.; Time Doctor; Toggl; EfficientLab LLC; Veriato Inc.; SentryPC; FairTrak; QuantumLink Communications Pvt Ltd.; Mobistealth.com; Wangya Computer Co., Ltd.; Netsoft Holdings, LLC; Micro Focus; Forcepoint; Securonix, Inc.; ObserveIT; Imperva; One Identity LLC; LogRhythm, Inc.; SolarWinds MSP Canada ULC and SolarWinds MSP UK Ltd. among others.

Market Analysis: 

Global employee monitoring solutions market is expected to register a healthy CAGR of 16.65% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to wide-spread demand for improvement of office productivity and increased demand for these solutions.

Market Drivers:

  • Increased demand from various end-use verticals for the availability of employee monitoring software is expected to augment growth of the market
  • Presence of strict regulations and compliances regarding employee access and enterprise security is expected to boost the growth of the market
  • Integration of these solutions with various others software offering such as security and identity management is expected to augment growth of the market
  • High levels of demand from various industries for cloud-based services is also expected to drive the growth of the market

Market Restraints:

  • Varied concerns regarding invasion of employee privacy is expected to restrict the growth of the market
  • Concerns regarding lack of trust between employer and employees leading to high levels of worker turnover rate can also restrict the growth of the market

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Key Developments in the Market:

  • In February 2019, WeWork Companies Inc. announced that they had acquired “Euclid”, with the company based out of California, United States. This acquisition will increase the solution offerings of WeWork to more than just office spaces, and reportedly offer the offerings of Euclid as “workplace insights”. This will help in various consumers help monitor the participation and inform them of individual partnerships
  • In August 2018, Impero Software announced the launch of remote monitoring and management software for device and product management for corporates & office spaces. The product branded as “Impero Workplace Pro” is based on a similar offering of the company for the educational sector and provides remote control functionality, device monitoring and endpoint security

Competitive Analysis

Global employee monitoring solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of employee monitoring solutions market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved

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