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Employee Communication Software Market to Garner $2,550.5 Million by 2031 with 10.3% CAGR | Research Dive

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The global employee communication software market is predicted to observe significant growth by 2031, owing to the growing demand for remote cancellation. The North America region held the largest market share in 2021.

NEW YORK, July 6, 2023 /PRNewswire/ —

Global Employee Communication Software Market Forecast Analysis: 

As per the report published by Research Dive, the global employee communication software market is envisioned to generate a revenue of $2,550.5 million and rise at a striking CAGR of 10.3% over the estimated timeframe from 2021 to 2026. 

Segments of the Employee Communication Software Market  

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The report has divided the employee communication software market into the following segments:   

  • Deployment Model: on-premises and cloud
    • Cloud – Held the highest market share in 2021
      The increasing demand for cloud-based platforms for efficient team collaboration across companies owing to the increased number of employees working remotely is expected to foster the growth of the market sub-segment over the forecast period.
  • Enterprize Size: large enterprises and small & medium enterprises
    • Large Enterprises – Held the biggest share of the market in 2021
      The increasing use of employee communication software across large enterprises to improve their efficiency by streamlining communication channels and reducing the time and effort is predicted to increase the growth of the market sub-segment during the analysis timeframe.
  • Industrial Vertical: BFSI, manufacturing, retail, healthcare, IT & telecom, and others
    • IT & Telecom – Generated the largest revenue in 2021
      The increasing development and deployment of employee communication software across the IT and telecom sectors is predicted to propel the growth of the market sub-segment in the coming period.
  • Region: North America, Europe, Asia-Pacific, and LAMEA
    • North AmericaRegistered the maximum market share in 2021
      The rising demand for employee communication software among businesses and individuals that can facilitate easy communication and collaboration is expected to drive the regional growth of the market sub-segment forward.

To get access to the Complete PDF Sample of Employee Communication Software Market Click Here!

Dynamics of the Global Employee Communication Software Market

The growing utilization of communication technologies across businesses to support collaboration and sustain productivity owing to the increasing prevalence of remote work and distributed teams is expected to fortify the growth of the employee communication software market over the estimated period.   Besides, the increasing demand for employee communication software solutions among remote teams to assign tasks and collaborate on projects by using project management platforms like Trello, and many more are predicted to augment the growth of the market during the forecast period. However, the security concern of using employee communication software may hinder the market’s growth throughout the estimated timeframe. 

The increasing use of cutting-edge technologies such as artificial intelligence, machine learning, and blockchain among leading companies to boost their goods and services is expected to create expansive growth opportunities for the market during the analysis period. Additionally, the employee communication software can offer tailored communication experiences to customers with enhanced privacy which is expected to fuel the growth of the market over the estimated period. 

Covid-19 Impact on the Global Employee Communication Software Market

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The rise of the Covid-19 pandemic has positively impacted the employee communication software market, unlike various other industries. This is mainly due to the increased adoption of remote work and virtual communication tools such as Microsoft Teams, Google Meet, and many more during the pandemic. Moreover, the growing usage of cloud-based communication solutions across businesses to offer greater flexibility and scalability has brought numerous growth opportunities for the market over that period. All these factors have increased the growth of the market throughout the crisis. 

Check out COVID-19 Impact on Employee Communication Software Market. Connect with an Expert Analyst or Schedule a call

Key Players of the Global Employee Communication Software Market

The major players of the market include

  • SocialChorus. Inc.
  • OurPeople
  • Poppulo
  • Sociabble Inc.
  • Smarp
  • Beekeeper AG
  • theemployeeapp
  • GuideSpark
  • Workvivo Limited
  • Nudge Rewards Inc.

These players are broadly working on the development of new business strategies such as mergers and acquisitions, partnerships and collaborations, and product development to acquire a leading position in the global industry.   

For instance, in April 2021, Nudge, a well-established digital communications solution for deskless employees announced its partnership with C.A. Short, a global leader in the recognition award services industry. With this partnership, the companies aimed to provide a comprehensive employee experience solution for organizations to enhance retention and engagement among their non-desk employees. 

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What the Report Covers              

Apart from the information summarized in this press release, the final report covers crucial aspects of the market including SWOT analysis, market overview, Porter’s five forces analysis, market dynamics, segmentation (key market trends, forecast analysis, and regional analysis), and company profiles (company overview, operating business segments, product portfolio, financial performance, and latest strategic moves and developments.)

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About Research Dive

Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.

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Research Dive
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Blockchain Press Releases

From DeFi to Tokenization: Bybit’s Shunyet Jan Explores the Future of Crypto Trading at iFX EXPO

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DUBAI, UAE, Jan. 20, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, was presented by Shunyet Jan, Head of Derivatives Business and Institutional Sales, at the iFX EXPO.

Shunyet joined an expert panel titled “Crypto Trading: Finding the Evergreen” to discuss the evolving dynamics of the cryptocurrency market. The session, moderated by Karnika E. Yashwant, Founder and Chairman of KEY Difference, featured Wael Makarem, Financial Markets Strategists Lead at Exness, alongside Shunyet. Together, the panelists explored the concept of “evergreen” strategies in crypto trading, examining how to identify and implement approaches that stand the test of time.

Reflecting on the discussion, Shunyet Jan said, “The iFX EXPO brought together some of the sharpest minds in trading and crypto to tackle the hard questions that define success in a volatile market. Sitting alongside Wael Makarem and Mr. Key on the panel, we delved into the forces shaping crypto’s future – from the integration of AI to the shifting role of institutional players and evolving regulations. Conversations like these are crucial for advancing the industry and helping participants find the ‘evergreen’ in an ever-changing landscape.

Key discussion points included navigating market volatility, leveraging AI and machine learning for sustainable strategies, the role of institutional players and evolving regulations, and the importance of psychological resilience in long-term trading success. They also analyzed emerging market trends, such as DeFi and tokenization, and shared practical tips for avoiding common pitfalls and building diversified portfolios that thrive in a volatile environment.

Shunyet Jan also led a Gold and Forex workshop at Bybit’s Dubai HQ, generating strong interest in the platform. Bybit’s new MetaTrader-5 license provides professional traders with access to gold, forex, and cryptocurrencies, offering advanced tools, up to 500x leverage, competitive fees, and an intuitive interface for a seamless trading experience.

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The iFX EXPO, the online trading industry’s biggest event series, bridges the world’s top brands with like-minded professionals, traders, and more. It has grown into a global standard, providing every individual a hub to network, exchange ideas, and grow their business. The iFX EXPO remains a vital platform for fostering dialogue and collaboration among industry leaders, and Shunyet’s contributions underscore Bybit’s commitment to advancing the cryptocurrency space.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press 
For media inquiries, please contact: [email protected] 
For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

KuCoin Appoints BC Wong as CEO to Lead Compliance and Global Expansion

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VICTORIA, Seychelles, Jan. 20, 2025 /PRNewswire/ — KuCoin, a globally recognized cryptocurrency exchange, has announced the appointment of BC Wong as its new Chief Executive Officer (CEO). This strategic decision underscores KuCoin’s commitment to global growth, innovation, and regulatory compliance.

BC Wong, widely known within the organization as “BC,” is a seasoned leader with extensive experience in the cryptocurrency industry. As a key member of KuCoin’s leadership team, his expertise and strategic vision have been instrumental in establishing KuCoin as a reliable platform for millions of users worldwide.

Throughout his tenure, BC has advanced global regulatory engagement while skillfully navigating industry challenges. Under his leadership, KuCoin remains dedicated to prioritizing user-centricity, robust security, and technological innovation.

“Our priority is to build a reliable platform for our users,” BC stated. “As CEO, I am focused on enhancing our global presence and fostering collaboration with regulators to create a secure, inclusive financial ecosystem. Together with our partners and users, we will shape the future of finance.”

Focus on Compliance and Reliability

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A Singaporean with a Juris Doctor degree from Singapore Management University and a master’s degree from George Washington University, Wong brings a global perspective to KuCoin. In his previous role as Chief Legal Officer, he spearheaded efforts to secure regulatory licenses and strengthen relationships with regulators, reinforcing KuCoin’s commitment to compliance.

Wong has been instrumental in collaborating with regulators across the EU, Asia, the Middle East, and Africa, reinforcing KuCoin’s reputation as a compliant and secure platform. His strategic efforts have reinforced KuCoin’s commitment to providing a safe and reliable trading environment on a global scale.

Empowering Users Globally

KuCoin is dedicated to democratizing access to cryptocurrency through secure and innovative solutions. By expanding its presence in key markets, the company continues to provide seamless, user-friendly experiences for investors worldwide.

Under BC’s leadership, KuCoin has also prioritized Corporate Social Responsibility (CSR), partnering with organizations such as the Global CSR Foundation and the American Medical Women’s Association. Notable initiatives include participation in the UN COP28 Climate Change Conference, Green Blockchain Projects, the Light Up Africa Program, and the Climate Change Bucket initiative, benefiting over 50,000 women and children globally.

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About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 38 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.

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Blockchain Press Releases

The Moskowitz Law Firm, PLLC Announces Preliminary Approval of a Proposed Class Action Settlement on Behalf of Purchasers of Astrals Non-Fungible Tokens and Galaxy Tokens

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MIAMI, Jan. 18, 2025 /PRNewswire/ — The Moskowitz Law Firm, PLLC announces the preliminary approval of a proposed class action settlement that would benefit purchasers and legal title holders of Astrals Non-Fungible Tokens or Galaxy Tokens:

On January 14, 2025, the United States District Court for the Southern District of Florida preliminarily approved a proposed settlement of a class action captioned Harper v. O’Neal, Case No. 23-CV-21912-MORENO. The settlement class includes persons and entities who, from May 24, 2022 to January 14, 2025, purchased Astrals NFTS and/or who, before January 14, 2025, purchased GLXY tokens.

Claims for settlement benefits must be submitted by April 17, 2025. Objections to the settlement and requests for exclusion from the settlement must be received by March 3, 2025 in accordance with the instructions in the Class Notice, which is posted on the settlement website www.astralsnftsettlement.com. The Court will hold a Final Approval Hearing on April 1, 2025, at 9:30 a.m. For more information about the settlement and its terms please visit www.astralsnftsettlement.com.  

If you have questions about any matter in this Class Notice, please contact the following representative of Class Counsel, who can answer questions:

Adam M. Moskowitz
The Moskowitz Law Firm, PLLC
P.O. Box 653409
Miami, FL 33175
(305) 740-1423 
[email protected]
[email protected] 

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