Europe's employee monitoring solution market is expected to grow from US$ 195.02 Mn in 2018 to US$ 339.86 Mn by the year 2027. This represents a CAGR of 6.5% from the year 2018 to 2027.
With the advancements in technologies such as the introduction of artificial intelligence and the future workspaces would have intelligent employee monitoring solutions that would be capable of performing more than just tracking. There is a shift of focus towards behavior analysis, and future employee monitoring solutions would be able to track behavioral changes in employees' behavior in multiple ways. This would help organizations to access behavioral anomalies in real-time and avoid the threat of insider attacks. In the coming years, the employee monitoring solutions are expected to monitor if an employee is unhappy, thus most likely to resign. This functionality is similar to Hitachi's Happiness Meter, which measures the happiness of employees. The companies are working rigorously on the development of advanced monitoring solutions. Thus, to attract more customers, companies are focusing on developing advanced solutions that would help them to gain a strong position in the employee monitoring solutions market.
Currently, Germany is dominating the employee monitoring solution market in terms of adoption, which in turn boost the demand for employee monitoring solution market. Germany is a highly industrialized country, and its economically leading industries include chemicals, automotive, electronics, and food & beverages. The country has a strong manufacturing sector, according to the data provided by the World Bank, the manufacturing industry contributed about 20.8% of the total GDP in the year 2018. With the growing focus of organizations towards gaining flexibility and achieving better operational practices, the demand for employee monitoring solutions is expected to grow across the manufacturing sector. Therefore, a strong manufacturing sector in the region is positively impacting the revenue generation of employee monitoring solutions in the region. The figure is given below highlights the revenue share of the Rest of Europe in the Europe employee monitoring solution market in the forecast period:
Rest of Europe Employee Monitoring Solution Market Revenue and Forecasts to 2027 (US$ Mn)
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Europe EMPLOYEE MONITORING SOLUTION MARKET - SEGMENTATION
Europe Employee Monitoring Solution Market by Offering
- Solution
- Service
Europe Employee monitoring solution Market by Enterprise Size
- SMEs
- Large Enterprise
Europe Employee monitoring solution Market by Industry Vertical
- BFSI
- Government
- IT & Telecom
- Manufacturing
- Retail
- Others
Europe Employee monitoring solution Market by Country
- UK
- Germany
- France
- Italy
- Russia
- Rest of Europe
Europe Employee monitoring solution Companies Mentioned
- Awareness Technologies Inc
- Clever Security Software Ltd
- Ekran Systems, Inc.
- iMonitor Software
- Intego
- Pilixo
- SentryPC
- StaffCop
- Teramind, Inc.
- Veriato
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Offering, Enterprise Size, Industry Vertical
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
UK, Germany, France, Italy, Russia
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Employee Monitoring Solution Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe - PEST Analysis
4.3 Ecosystem Analysis
5. Europe Employee Monitoring Solution Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Wide ranging benefits offered by employee monitoring solutions
5.1.2 Enhance focus of the organizations towards avoiding insider attacks
5.2 Key Market Restraint
5.2.1 Growing privacy concerns and availability of substitutes
5.3 Key Market Opportunity
5.3.1 Growing adoption of employee monitoring solutions by SMEs
5.4 Future Trend
5.4.1 Enhanced features offered by employee monitoring solutions such as such as behaviour analysis and advanced management
5.5 Impact Analysis of Drivers and Restraints
6. Europe Employee Monitoring Solution Market –Market Analysis
6.1 Europe Employee Monitoring Solution Market Overview
6.2 Europe Employee Monitoring Solution Market Forecast and Analysis
7. Europe Employee Monitoring Solution Market– By Offering
7.1 Overview
7.2 Europe Employee Monitoring Solutions Market Breakdown, By Offering, 2018 & 2027
7.3 Solution
7.3.1 Overview
7.3.2 Solution Market Forecast and Analysis
7.4 Service
7.4.1 Overview
7.4.2 Service Market Forecast and Analysis
8. Europe Employee Monitoring Solutions Market – By Enterprise Size
8.1 Overview
8.2 Europe Employee Monitoring Solutions Market Breakdown, By Enterprise Size, 2018 & 2027
8.3 Small & Medium Enterprises
8.3.1 Overview
8.3.2 Small & Medium Enterprises Market Forecasts and Analysis
8.4 Large Enterprises
8.4.1 Overview
8.4.2 Large Enterprises Market Forecasts and Analysis
9. Europe Employee Monitoring Solutions Market– By Industry Vertical
9.1 Overview
9.2 Europe Employee Monitoring Solutions Market Breakdown, By Industry Vertical, 2018 & 2027
9.3 BFSI
9.3.1 Overview
9.3.2 BFSI Market Forecast and Analysis
9.4 Government
9.4.1 Overview
9.4.2 Government Market Forecast and Analysis
9.5 Retail
9.5.1 Overview
9.5.2 Retail Market Forecast and Analysis
9.6 Manufacturing
9.6.1 Overview
9.6.2 Manufacturing Market Forecast and Analysis
9.7 IT & Telecom
9.7.1 Overview
9.7.2 IT & Telecom Market Forecast and Analysis
9.8 Others
9.8.1 Overview
9.8.2 Others Market Forecast and Analysis
10. Europe Employee Monitoring Solution Market – Country Analysis
10.1.1 Europe Employee Monitoring Solution Market Breakdown, By Country
10.1.1.1 UK Employee Monitoring Solution Market Revenue and Forecast to 2027 (US$ Mn)
10.1.1.1.1 UK Employee Monitoring Solution Market Breakdown, By Offering
10.1.1.1.2 UK Employee Monitoring Solution Market Breakdown, By Enterprise Size
10.1.1.1.3 UK Employee Monitoring Solution Market Breakdown, By Industry Vertical
10.1.1.2 Germany Employee Monitoring Solution Market Revenue and Forecast to 2027 (US$ Mn)
10.1.1.2.1 Germany Employee Monitoring Solution Market Breakdown, By Offering
10.1.1.2.2 Germany Employee Monitoring Solution Market Breakdown, By Enterprise Size
10.1.1.2.3 Germany Employee Monitoring Solution Market Breakdown, By Industry Vertical
10.1.1.3 France Employee Monitoring Solution Market Revenue and Forecast to 2027 (US$ Mn)
10.1.1.3.1 France Employee Monitoring Solution Market Breakdown, By Offering
10.1.1.3.2 France Employee Monitoring Solution Market Breakdown, By Enterprise Size
10.1.1.3.3 France Employee Monitoring Solution Market Breakdown, By Industry Vertical
10.1.1.4 Italy Employee Monitoring Solution Market Revenue and Forecast to 2027 (US$ Mn)
10.1.1.4.1 Italy Employee Monitoring Solution Market Breakdown, By Offering
10.1.1.4.2 Italy Employee Monitoring Solution Market Breakdown, By Enterprise Size
10.1.1.4.3 Italy Employee Monitoring Solution Market Breakdown, By Industry Vertical
10.1.1.5 Russia Employee Monitoring Solution Market Revenue and Forecast to 2027 (US$ Mn)
10.1.1.5.1 Russia Employee Monitoring Solution Market Breakdown, By Offering
10.1.1.5.2 Russia Employee Monitoring Solution Market Breakdown, By Enterprise Size
10.1.1.5.3 Russia Employee Monitoring Solution Market Breakdown, By Industry Vertical
10.1.1.6 Rest of Europe Employee Monitoring Solution Market Revenue and Forecast to 2027 (US$ Mn)
10.1.1.6.1 Rest of Europe Employee Monitoring Solution Market Breakdown, By Offering
10.1.1.6.2 Rest of Europe Employee Monitoring Solution Market Breakdown, By Enterprise Size
10.1.1.6.3 Rest of Europe Employee Monitoring Solution Market Breakdown, By Industry Vertical
11. Employee Monitoring Solution Market - Industry Landscape
11.1 Market Initiative
12. Employee Monitoring Solution Market- Company Profiles
12.1 Awareness Technologies Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products & Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Clever Security Software Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products & Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Ekran Systems, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products & Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 iMonitor Software Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.5 Intego
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products & Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Pilixo
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products & Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Satffcop (Atom Security Inc.)
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 SentryPC
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Teramind Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Veriato Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe Employee Monitoring Solution Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. Europe Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 3. Europe Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 4. Europe Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Industry Vertical (US$ Mn)
Table 5. Europe Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Key Countries (US$ Mn)
Table 6. UK Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 7. UK Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 8. UK Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Industry Vertical (US$ Mn)
Table 9. Germany Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 10. Germany Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 11. Germany Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Industry Vertical (US$ Mn)
Table 12. France Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 13. France Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 14. France Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Industry Vertical (US$ Mn)
Table 15. Italy Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 16. Italy Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 17. Italy Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Industry Vertical (US$ Mn)
Table 18. Russia Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 19. Russia Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 20. Russia Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Industry Vertical (US$ Mn)
Table 21. Rest of Europe Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 22. Rest of Europe Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 23. Rest of Europe Employee Monitoring Solution Market Revenue and Forecast to 2027 – By Industry Vertical (US$ Mn)
Table 24. Glossary of Term: Employee Monitoring Solution Market
LIST OF FIGURES
Figure 1. Europe Employee monitoring solution Market Segmentation
Figure 2. Europe Employee Monitoring Solution Market Segmentation – By Country
Figure 3. Europe Employee Monitoring Solution Market – Overview
Figure 4. Europe Employee Monitoring Solution Market – By Country
Figure 5. Europe Employee Monitoring Solution Market – By Offering
Figure 6. Europe Employee Monitoring Solution Market – By Enterprise Size
Figure 7. Employee Monitoring Solution Market – By Industry Vertical
Figure 8. Europe - PEST Analysis
Figure 9. Employee Monitoring Solution Market Ecosystem Analysis
Figure 10. Europe Employee monitoring solution Market Impact Analysis of Drivers and Restraints
Figure 11. Europe Employee Monitoring Solution Market Forecast and Analysis, (US$ Mn)
Figure 12. Europe Employee Monitoring Solutions Market Breakdown, By Offering, 2017 & 2027 (%)
Figure 13. Europe Solution Market Revenue and Forecast to 2027(US$ Mn)
Figure 14. Europe Service Market Revenue and Forecast to 2027(US$ Mn)
Figure 15. Europe Employee Monitoring Solutions Market Breakdown, By Enterprise Size, 2018 & 2027 (%)
Figure 16. Small & Medium Enterprises Market Revenue and Forecast to 2027 (US$ Mn)
Figure 17. Large Enterprises Market Revenue and Forecast to 2027 (US$ Mn)
Figure 18. Europe Employee Monitoring Solutions Market Breakdown, By Industry Vertical, 2018 & 2027 (%)
Figure 19. Europe BFSI Market Revenue and Forecast to 2027(US$ Mn)
Figure 20. Europe Government Market Revenue and Forecast to 2027(US$ Mn)
Figure 21. Europe Retail Market Revenue and Forecast to 2027 (US$ Mn)
Figure 22. Europe Manufacturing Market Revenue and Forecast to 2027(US$ Mn)
Figure 23. Europe IT & Telecom Market Revenue and Forecast to 2027(US$ Mn)
Figure 24. Europe Others Market Revenue and Forecast to 2027(US$ Mn)
Figure 25. Europe Employee Monitoring Solution Market Breakdown, By Country, 2018 & 2027(%)
Figure 26. UK Employee Monitoring Solution Market Revenue and Forecast to 2027 (US$ Mn)
Figure 27. Germany Employee Monitoring Solution Market Revenue and Forecast to 2027 (US$ Mn)
Figure 28. France Employee Monitoring Solution Market Revenue and Forecast to 2027 (US$ Mn)
Figure 29. Italy Employee Monitoring Solution Market Revenue and Forecast to 2027 (US$ Mn)
Figure 30. Russia Employee Monitoring Solution Market Revenue and Forecast to 2027 (US$ Mn)
Figure 31. Rest of Europe Employee Monitoring Solution Market Revenue and Forecast to 2027 (US$ Mn)
The List of Companies
- Awareness Technologies Inc.
- Clever Security Software Ltd
- Ekran Systems, Inc.
- iMonitor Software
- Intego
- Pilixo
- SentryPC
- StaffCop
- Teramind, Inc.
- Veriato
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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