Global Corporate Wellness Software Market

Dec 2019| VMF003A| Verified Market Research

Report Highlights

Global Corporate Wellness Software Market Size By Type, By Application, By Geographic Scope And Forecast

According to Verified Market Research, The Global Corporate Wellness Software Market was valued at USD 409.50 Million in 2018 and is projected to reach USD 714.31 Million by 2026, growing at a CAGR of 7.37% from 2019 to 2026.

Employee wellness programs have become a staple in many corporations to keep employees happy, decrease employee turnover and attract new talent in the organization. Corporate wellness software enables organizations to administer, organize, and manage various wellness programs. The solution aims to change the work culture towards health by creating a social support system for employees. The wellness programs are designed to encourage and support employee wellbeing in the organization. The corporate wellness program offers various solutions such as healthy habits among employee & improve health outcomes, boosting employee engagement, and increase the productivity of employees in the workplace.

Corporate Wellness of the employees has become one of the primary focus of the companies. As the wellness industry is growing, increasing insight, data and technology are encouraging employees to stay healthy and shape the future of corporate wellness programs. Hence, the increasing adoption of employee wellness programs across organizations is one of the key factors driving the growth of the market during the forecast period. Moreover, the growing prevalence of chronic diseases across the globe is boosting the overall corporate wellness software market growth. Also, in order to reduce expenditure, employers are focusing on designing wellness programs that target chronic diseases and which can be easily addressable.

However, few of the main reasons why employees are pushing against such programs are lack of confidence of employer’s ability to run an effective program, doubt about the programs being helpful, and privacy concerns. these factors are leading to the slow adoption of corporate wellness software, which is expected to hinder the overall growth of the market.

Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.

Verified Market Research
Price: $3950

Become a Member

Already a member? Login to access this report free.

Have a Question? Ask Us.

Why BCC Research?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Member Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries
Custom Research

Need a custom data table, graph or complete report? Tell us more.