Corporate Wellness Software Market: Product Type (On-premise and Cloud-based) By Service (Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Nutrition & Weight Management, Stress Management, Others) Delivery Model (Onsite, Offsite) End User (SMEs, Large Enterprises) and Geography

 

The global corporate wellness software market is expected to be valued at US$ 714.3 Mn in 2021 and expected to grow at a CAGR of 7.3% over the forecast period by 2028. There are few drivers which help in the significant growth, corporate wellness initiatives to target specific health risk factors and reducing employee healthcare-related costs. Lack of faith in the ability of the employer to operate an efficient program, doubt that the programs are beneficial, and privacy concerns are the restrains which hamper the growth of the market. Organizations include wearable devices that help keep track of metrics provide multiple opportunities. This report gives comprehensive outlook on corporate wellness software market across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report  gives historical, current, and future market sizes on the basis product type, service, delivery model, end user and region. This report studies global corporate wellness software dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, this report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global corporate wellness software market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global market. Market players have witnessed the strategic collaboration and acquisition to expand product portfolio and strengthen their position in the market to enhance the revenue of the company. In June 2016, Wellness Corporate Solutions launched the WCS Analytics + platform, which consists of an interactive data dashboard that enables the clients to plan and implement healthy activities leading to productive workplaces.