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Blockchain Press Releases

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

Africa Exclusive: Bybit Promotes Crypto Education with P2P Security Webinar

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DUBAI, UAE, Nov. 22, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, sets out to raise awareness of P2P security and to equip users with the latest anti-fraud knowledge and tools in a new learn and earn event exclusively for users in Africa. Hosting a P2P security Webinar on Nov. 25, Bybit P2P will also be announcing a prize pool valued at 10,000 USDT for a new Africa-exclusive deposit event.

P2P Security Webinar
On Nov. 25, the live webinar on P2P security will be broadcast in the Bybit Africa Telegram group from 7 to 9PM UTC. Attendees may benefit from a comprehensive session on tips and the latest know-how on asset safety and counterparty risks. The free webinar will cover the following topics:

  1. Fraud detection: users will learn about signs of common scams and steps to verify payment authenticity.
  2. Staying safe with Bybit P2P: users get to discover Bybit’s security tools and the latest features to combat fraudulent attempts.
  3. Trading with confidence: users will gain practical advice and practical tips on how to trade safely.

The floor will be open for a live Q&A session after the sharing by Bybit P2P experts. Ahead of the webinar, attendees are invited to submit questions and the lucky ones will win 10 USDT if their questions are chosen by the speakers.

10,000 USDT Rewards for First-Time Deposits
From Nov. 25 to Dec. 15, 2024, new users who successfully sign up for a Bybit account and complete Identity Verification Level 1 may be eligible to share in a 10,000 USDT prize pool reserved for eligible users in Africa only. Users must  sign up for the event and make a deposit via Bybit P2P to qualify and win up to 10 USDT, terms and conditions apply.

“Financial fraud is an age-old challenge and users must stay vigilant as scammers and fraudsters evolve. Bybit is constantly investing in our hardware and software to build the necessary guardrails for our platform. It does not take away the importance of user education, however, and we hope through engagements of this kind, we can help elevate the community on a path of growth,” said Joan Han, Sales and Marketing Director at Bybit.

P2P is an organic part of the crypto economy and helps to promote inclusivity in emerging economies. With Bybit P2P, users of all levels may access the user-friendly peer-to-peer trading platform to trade between themselves at an optimal, agreed-upon price. The service minimizes the need for the middleman, improving cost effectiveness while providing exchange-backed platform security.

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Find out more about the event and eligibility at Bybit P2P.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

Polygon Collaborates with WSPN to Drive Stablecoin Adoption Through WUSD

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SINGAPORE, Nov. 22, 2024 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN), a pioneer in digital payment solutions, and Polygon Labs, a software development company building the leading network of aggregated blockchains via the AggLayer, today announced their strategic collaboration aimed at unlocking the full potential of digital finance, focusing on the expansion and adoption of WUSD, WSPN’s flagship stablecoin.

WSPN has integrated Polygon PoS into its WUSD network infrastructure earlier this year. Now, this collaboration will focus on rapidly expanding WUSD adoption. Polygon Labs’s crucial liquidity support will be instrumental in bolstering WUSD’s mass adoption across various markets.

This collaboration will unlock opportunities to explore a range of innovative use cases for stablecoins, payments, and DeFi. Key areas of focus include facilitating payments and tokenization solutions for companies operating in Hong Kong SAR and Singapore, developing on-chain green finance projects tailored for African clients, and building robust DeFi platforms that leverage the strengths of both WSPN and Polygon technologies. These initiatives are strategically designed to address diverse market needs and drive the adoption of WUSD across a variety of regions and sectors.

By combining WSPN’s expertise in stablecoin solutions with Polygon’s advanced blockchain infrastructure, this collaboration will drive significant advancements in the digital asset space, particularly in emerging markets and the rapidly evolving DeFi sector.

About WSPN

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WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users.  WSPN ‘s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.

Learn more: www.wspn.io | X | LinkedIn

About Polygon Labs

Polygon Labs is a software development company building and developing a network of aggregated blockchains via the AggLayer, secured by Ethereum. As public infrastructure, the AggLayer will bring together user bases and liquidity for any connected chain, and leverage Ethereum as a settlement layer.  Polygon Labs has also contributed to the core development of several widely-adopted scaling protocols and tools for launching blockchains, including Polygon PoS, Polygon zkEVM, and Polygon Miden, which is in development, as well as Polygon CDK.

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Blockchain Press Releases

Bybit Waives P2P Transaction Fees for Users in Africa

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DUBAI, UAE, Nov. 21, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to reaffirm its commitment to providing ease of access to digital assets for eligible P2P users in Africa at zero fee. Connecting buyers and sellers at no cost, Bybit P2P continues to be the benchmark for cost-effective and convenient trading experiences.

Since its launch in Jan. 2022, Bybit P2P has consistently provided a user-friendly platform for users seeking a safer way to participate in the digital asset class. The services are offered at no costs for merchants and takers in P2P transactions:

  • Merchants: Merchants may post advertisements on Bybit P2P for free.
  • Takers: Users may place an order through advertisements listed on the P2P platform at no costs. The offer stands across all fiat trading pairs. Third-party fees may incur depending on the payment method chosen, as the payment providers may charge a transaction fee.

P2P Fee Structure (Africa)

Taker Fee (Sell Page) 

Maker Fee (Sell Page) 

Bybit 

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0 %

0 %

Competitor B

0.5% on completed orders for certain trading pairs

0 %

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In addition, Bybit has launched an exciting P2P Coupon Giveaway Campaign from now to Jan. 15, 2025. As part of this initiative, users can earn a share of up to 20,000 USDT in rewards by completing tasks such as depositing $100 or trading $50,000 through Bybit P2P. The rewards will be in the form of Bybit P2P coupons to be redeemed in the next purchase, making the zero-fee transactions an even better deal for winners.

“Bybit’s steadfast commitment to contributing to financial inclusion comes in all forms, and keeping our P2P services free for as long as we can, and for as many users as possible, is one of the ways to support the crypto community,” said Joan Han, Sales and Marketing Director at Bybit. “When users come to our platform with the hopes of generating income on their assets, we want to play a supportive role in helping them reach their personal financial goals,” she added.

P2P on Bybit offers an intuitive and cost-effective peer-to-peer trading platform, facilitating the buying and selling of two users’ holdings at an optimal, agreed-upon price between them. With Bybit P2P, users stand to benefit from Bybit’s enterprise-level security and advanced features including comprehensive built-in KYC and KYB verification mechanisms, rigorous asset management protocols, and 24/7 customer service.

Find out more about the event and eligibility at Bybit P2P.

#Bybit / #TheCryptoArk

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About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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