Global Enterprise Wellness Market By Overview
Enterprise Wellness Market accounted for USD 62.0 Million in 2024 and is estimated to be USD 139.3 Billion by 2034 and is anticipated to register a CAGR of 8.40%.
Prophecy Market Insights has recently published its insights on “Enterprise Wellness Market” for the forecast period of 2024-2034. The market is segmented By Platform (Stand-Alone and Integrated), End User ((Small Business (0–50 Employees), Mid-Sized Business (51–300 Employees), Large Business (301-1000 Employees), and Enterprise (1001 Employees)), By Deployment (Cloud Based and On Premise), and By Region.
Increasing corporate competition is the major driving factor for the global enterprise wellness market. In addition to this, rising stress among employees owing to the increased corporate competition has also led to the upsurge of the target market. Also, the enterprise competition is adversely affecting the employee’s health physically, too, which has also increased the attrition rate of the target market.
North America to grow at the highest CAGR during the forecast period
North America has the largest market in terms of revenue and is expected to dominate the global market over the forecast period. This can be attributed to significant healthcare expenditure observed in this region.
The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.
In the current research scope 2018 is considered as base year and 2019 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2019 to 2029. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.
Enterprise wellness market report segments the market on the basis of platform, deployment, end user, and region.
The report expected to answer various target market related questions and offers insights on:
- Definition, description, overview of market growth influencing factors, and forecast for the target market
- Scope for related market in the forecast period
- Analysis and outcome for the global enterprise wellness market by segment and region followed by countries
- Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
- Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
- Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
- Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economical factors that may influence market growth
- PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index
Competitive Analysis
Advancements in the product as well as in manufacturing process, product launches, and strategic partnerships are some trends witnessed in the global enterprise wellness market. Key players have adopted mergers & acquisitions and new product developments to strengthen their positions in the global enterprise wellness market.
- Marino Wellness LLC
- EXOS Corporation
- Wellness Corporate Solutions Pvt. Ltd.
- Kinema Fitness, Inc.
- Premise Health, Inc
- TotalWellness International, Inc
- Fitbit, Inc.
- Provant Health Solutions LLC
- Marathon Health, Inc
- Wellsource, Inc.
Prophecy Market Insights offers required customization on this report according to specific business requirements.
FAQs
The Enterprise Wellness Market is segmented into Type, Application, and Region.
Rising emphasis on employee well-being, increased awareness of health benefits, and a focus on enhancing productivity drive the growth of the enterprise wellness market.
Challenges include implementation costs, resistance to program adoption, and the need for effective measurement tools, posing global restraints in the enterprise wellness market.
By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating in the target market include Marino Wellness LLC, EXOS Corporation, Wellness Corporate Solutions Pvt. Ltd., Kinema Fitness, Inc., Premise Health, Inc., TotalWellness International, Inc., Fitbit, Inc., Provant Health Solutions LLC, Marathon Health, Inc., and Wellsource, Inc.