The global Employee Remote Monitoring Software Market is forecasted to reach USD 1,396.2 Million by 2027, according to a new report by Reports and Data. The market is witnessing increased demand due to the rise in the number of small and medium enterprises and the introduction of cost-effective remote surveillance software. The market is heavily fragmented owing to the presence of several regional players with a considerable customer base.
Employee remote surveillance software allows organizations to track the activities of employees and gather information to ensure security and drive productivity. The latest trend of working remotely from their homes or other places has created a need among the enterprises to track the work of its employees. To gain better visibility and enhance productivity is fueling the demand for the market.
The COVID-19 impact:
The distribution of Covid-19’s has influenced activities all over the globe. The virus led to the implementation of lockdown, which disrupted the workings of several industries. However, the employee remote surveillance software is experiencing a surge in demand owing to the implementation of remote work culture. Almost 88% of the enterprises encouraged their employees to work remotely after the pandemic, and 97% of the organizations canceled all work-related travel immediately.
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Here are some of the benefits of employee remote monitoring software:
- Increased productivity: By tracking employee activity, businesses can identify areas where employees are spending too much time on non-work tasks. This information can then be used to make changes to work processes or to provide training to help employees be more productive.
- Improved security: Employee remote monitoring software can help to protect sensitive company data from unauthorized access. This is especially important for businesses that work with confidential information or that have employees who work from home.
- Enhanced compliance: Employee remote monitoring software can help businesses to comply with government regulations, such as those related to data privacy and security.
Here are some of the challenges of employee remote monitoring software:
- Employee privacy: Some employees may feel that their privacy is being invaded by being monitored. This is especially true if the software is used to track employee internet activity or keystrokes.
- Legality: In some countries, the use of employee remote monitoring software may be illegal or require the consent of employees.
- Employee morale: If employees feel that they are being monitored too closely, it can lead to decreased morale and productivity.
Overall, the use of employee remote monitoring software can be a valuable tool for businesses. However, businesses should carefully consider the potential benefits and risks before implementing this type of software.
Here are some additional thoughts on the use of employee remote monitoring software:
- Transparency: Businesses should be transparent with employees about the use of remote monitoring software. Employees should know what data is being collected, how it is being used, and how it will be stored.
- Employee consent: In some countries, the consent of employees is required before their data can be collected. Businesses should obtain consent from employees before implementing remote monitoring software.
- Data security: Businesses should take steps to protect the security of employee data. This includes using strong passwords and encryption.
some leading companies operating in the global Employee Remote Monitoring Software Market:
Microsoft, Kickidler, Ekran System, ActivTrak, Hubstaff, Teramind, VeriClock, Monitask, and InterGuard, Veriato 360, among others.
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The global market is further segmented into type and application:
Component Outlook (Revenue, USD Billion; 2017-2027)
- Cloud-based
- On-Premises
Organization Size Outlook (Revenue, USD Billion; 2017-2027)
- Small and Medium Enterprise
- Large Enterprise
Solution Outlook (Revenue, USD Billion; 2017-2027)
- Time Tracking
- Online Computer Surveillance
- Productivity Analysis
- Violations Surveillance
- Computer Screen Recording
- Key logger
- File Transfer Tracking
- Email Surveillance
- Remote PC Access
- Others
End-User Outlook (Revenue, USD Billion; 2017-2027)
- BFSI
- Education
- Hospitality
- Government
- Manufacturing
- Legal
- Telecom and IT
- Others (Healthcare, Retail)
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
- Latin America (Brazil, Rest of LATAM)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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