The global Corporate Wellness Software market was valued at US$ 538 Million in 2022 and is expected to reach US$ 1 Billion by 2032.
The global Corporate Wellness Software market was valued at US$ 538 Million in 2022 and is expected to reach US$ 1 Billion by 2032, finds Future Market Insights (FMI) in a recent market survey. The Corporate Wellness Software Market is Projected to Register a CAGR of 6.4% CAGR from 2022 to 2032. As per the findings, revenue through large enterprises grew at a CAGR of 6.8% from 2015 to 2021.
Corporate wellness is no longer a fringe benefit provided by a small number of businesses. According to research sponsored by Rand Corp. and the US Department of Health & Human Services. Around 80% of companies with more than 50 or more employees offer a corporate wellness benefit. These bonuses are not only for employees. Corporate wellness initiatives can help companies cut down on absenteeism while also increasing productivity and employee happiness.
They can also lead to a favorable impact on a company’s bottom line, such as medical costs. For example, at the Los Alamos National Laboratory, fitness programs have decreased yearly healthcare premium increments to 2.5%, significantly lower than the national average of 7%.
Request a Sample of this Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-15595
Encouragement of employees to live a healthy life has become relatively easy as technologies such as wearable devices and on-site sports become more popular. However, simply providing options to staff is not enough for a business health program to flourish. Before a program can be executed, it must first overcome a number of obstacles. However, the potential benefits for both organizations and people may make these obstacles worthwhile to overcome.
Competitive Analysis
Companies that provide employee wellness software are expanding their investment in research and development, which would be projected to boost demand for the software in the coming years. Some of the major companies like ComPsych, Wellness Corporate Solutions, Virgin Pulse, Provant Health Solutions, EXOS, Marino Wellness, Privia Health, Vitality Group, Wellsource, Inc., Central Corporate Wellness, Truworth Wellness, SOL Wellness, Well Nation, ADURO, INC., Beacon Health Options, Fitbit, Inc. are featured in the report.
Some of recent developments for Corporate Wellness Software Market are:
Ask An Analyst @
https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-15595
More Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the Global Corporate Wellness Software Market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.
The study reveals extensive growth in Global Corporate Wellness Software Market across five regions (North America, Asia Pacific, Europe, Middle East & Africa and Latin America).
Market Segments Covered in Corporate Wellness Software Market Analysis
By Deployment:
By Application:
By Region:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Apr 06, 2023