Global 360-Degree Feedback Software Market
360-Degree Feedback Software Market

Report ID: SQMIG45E2151

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360-Degree Feedback Software Market Size, Share, and Growth Analysis

Global 360-Degree Feedback Software Market

360-Degree Feedback Software Market By Type (Installed, Web-based), By Enterprise Size (Large Enterprise, Small and Medium Enterprise (SMEs)), By Application (Education, Retail), By Region - Industry Forecast 2026-2033


Report ID: SQMIG45E2151 | Region: Global | Published Date: December, 2025
Pages: 197 |Tables: 63 |Figures: 75

Format - word format excel data power point presentation

360-Degree Feedback Software Market Insights

360-Degree Feedback Software Market size was valued at USD 1251.55 Billion in 2024 and is poised to grow from USD 1394.23 Billion in 2025 to USD 3306.85 Billion by 2033, growing at a CAGR of 11.4% during the forecast period (2026–2033).

The global 360-degree feedback software market is experiencing steady growth as organizations seek comprehensive performance assessment solutions.

This software facilitates multi-perspective evaluations, enabling employees to receive feedback from peers, managers, and subordinates, fostering holistic development.

The market is driven by increased emphasis on employee engagement, skill enhancement, and performance optimization. Customizable features, cloud-based accessibility, and data analytics integration further propel adoption.

However, data security and interpretation challenges remain. Prominent players like Qualtrics, SurveyMonkey, and Cornerstone OnDemand dominate the market, offering versatile tools that cater to evolving organizational needs for well-rounded and insightful feedback processes.

US 360-Degree Feedback Software Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2026-2033

Global Market Size

USD 1123.47 billion

Largest Segment

Cloud-based

Fastest Growth

Cloud-based

Growth Rate

11.4% CAGR

Global 360-degree feedback software market by region 2026-2033
Country Share for North America 2025 (%)

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360-Degree Feedback Software Market Segments Analysis

Global 360-Degree Feedback Software Market is segmented by Type, Enterprise Size, Application and region. Based on Type, the market is segmented into Installed and Web-based. Based on Enterprise Size, the market is segmented into Large Enterprise and Small and Medium Enterprise (SMEs). Based on Application, the market is segmented into Education, Retail, Corporate, Travel and Hospitality and Healthcare. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

360-Degree Feedback Software Market Analysis By Deployment Mode

Cloud-based deployment offers several advantages, such as lower upfront costs, easy scalability, and accessibility from anywhere. Many organizations are opting for cloud-based solutions to streamline their processes and reduce IT overhead.

Cloud-based deployment was also likely the fastest growing segment. The shift towards remote and hybrid work environments was driving the adoption of cloud-based software solutions to facilitate seamless access to feedback and performance data for both in-office and remote employees.

360-Degree Feedback Software Market Analysis By Industry Vertical

The corporate/enterprise sector is likely to be one of the largest segments for 360-degree feedback software. Larger corporations with a focus on employee development and performance improvement are more likely to adopt such solutions. This segment is driven by the need to assess and develop leadership skills, teamwork, and overall employee effectiveness.

The healthcare sector has been increasingly recognizing the importance of employee performance and patient satisfaction. As a result, healthcare organizations are adopting 360-degree feedback software to enhance the skills of medical professionals and administrative staff. With a growing emphasis on quality education and teacher effectiveness, the education sector has been adopting 360-degree feedback to evaluate and improve the performance of educators. The tech industry values collaboration, innovation, and effective leadership. As tech companies expand and diversify, there's a growing demand for tools that help develop these skills, making the IT sector a potential fast-growing market.

Global 360-degree feedback software market by Deployment mode 2026-2033

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360-Degree Feedback Software Market Regional Insights

North America and Europe have historically been the largest markets for 360-degree feedback software due to their mature economies, large enterprises, and tech-focused business environments. These regions often prioritize employee development, performance improvement, and engagement, which align well with the benefits offered by such software.

However, the Asia-Pacific region, particularly countries like China and India, has been experiencing rapid economic growth and technological advancement. This growth has led to increased demand for HR software solutions, including 360-degree feedback tools, to support the development and retention of a skilled workforce.

Global 360-degree feedback software market by geography, 2026-2033
  • Largest
  • Fastest

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360-Degree Feedback Software Market Dynamics

360-Degree Feedback Software Market Drivers

Demand for Employee Development

  • The growing emphasis on employee development and performance improvement is fueling the demand for 360-degree feedback software, enabling comprehensive assessment from multiple perspectives, enhancing self-awareness, and promoting skill enhancement.

360-Degree Feedback Software Market Restraints

Privacy Concerns

  • Concerns regarding data privacy and confidentiality, coupled with potential biases in feedback collection, may hinder the adoption of 360-degree feedback software, limiting its effectiveness and acceptance among organizations.

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360-Degree Feedback Software Market Competitive Landscape

The global 360-degree feedback software market features intense competition among key players, driving innovation and service enhancement. Industry leaders like Qualtrics, Korn Ferry, and Saba Software offer comprehensive solutions, leveraging advanced analytics, user-friendly interfaces, and customizable features. Niche players like Trakstar focus on specialized functionalities, while emerging contenders explore AI-driven insights. Market dynamics reflect a shift toward cloud-based platforms, emphasizing data security and scalability. As organizations prioritize holistic employee assessments, the market witnesses ongoing diversification, partnerships, and acquisitions, intensifying rivalry and fostering a dynamic landscape for 360-degree feedback software providers.

Top Players in 360-Degree Feedback Software Market

  • Lattice (United States)
  • BambooHR (United States) 
  • SurveySparrow (United States) 
  • Culture Amp (Australia) 
  • Leapsome (Germany) 
  • Primalogik (Canada) 
  • PerformYard (United States) 
  • Peoplebox.ai (United States) 
  • ClearCompany (United States) 
  • AssessTEAM (United States) 
  • Fast Mirror (United States) 
  • Bonusly (United States) 
  • Mitratech Trakstar (United States) 
  • ThriveSparrow (United States) 
  • Express Evaluations (United States) 
  • Deel (United States) 
  • Centrical (United States) 
  • Explorance Inc. (Canada)

360-Degree Feedback Software Market Recent Developments

  • In April 2022, Explorance Inc. launched BlueML, a machine learning-enabled platform for higher education institutes.
  • In May 2022, Qualtrics integrated into SAP Service Cloud, including machine learning capabilities and Qualtrics XM Discover's artificial intelligence (AI).

360-Degree Feedback Software Key Market Trends

360-Degree Feedback Software Market SkyQuest Analysis

SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Product types team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our analysis, the global 360-degree feedback software market is poised for promising growth, driven by the increasing emphasis on employee development and performance enhancement across industries. As organizations prioritize comprehensive assessments, the demand for versatile software solutions enabling multi-dimensional feedback is set to rise. Integration of AI and analytics for more accurate insights, along with the shift towards remote and hybrid work models, will further fuel market expansion. Companies that provide user-friendly, customizable, and data-secure platforms are likely to thrive, catering to the evolving needs of modern workplaces and fostering a culture of continuous improvement.

Report Metric Details
Market size value in 2024 USD 1251.55 Billion
Market size value in 2033 USD 3306.85 Billion
Growth Rate 11.4%
Base year 2024
Forecast period 2026-2033
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Installed, Web-based
  • Enterprise Size
    • Large Enterprise, Small and Medium Enterprise (SMEs)
  • Application
    • Education, Retail, Corporate, Travel and Hospitality, Healthcare
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Lattice (United States)
  • BambooHR (United States) 
  • SurveySparrow (United States) 
  • Culture Amp (Australia) 
  • Leapsome (Germany) 
  • Primalogik (Canada) 
  • PerformYard (United States) 
  • Peoplebox.ai (United States) 
  • ClearCompany (United States) 
  • AssessTEAM (United States) 
  • Fast Mirror (United States) 
  • Bonusly (United States) 
  • Mitratech Trakstar (United States) 
  • ThriveSparrow (United States) 
  • Express Evaluations (United States) 
  • Deel (United States) 
  • Centrical (United States) 
  • Explorance Inc. (Canada)
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on 360-Degree Feedback Software Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on 360-Degree Feedback Software Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the 360-Degree Feedback Software Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the 360-Degree Feedback Software Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the 360-Degree Feedback Software Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the 360-Degree Feedback Software Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

360-Degree Feedback Software Market Report Snapshots

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FAQs

360-Degree Feedback Software Market size was valued at USD 1251.55 Billion in 2024 and is poised to grow from USD 1394.23 Billion in 2025 to USD 3306.85 Billion by 2033, growing at a CAGR of 11.4% during the forecast period (2026–2033).

The global 360-degree feedback software market features intense competition among key players, driving innovation and service enhancement. Industry leaders like Qualtrics, Korn Ferry, and Saba Software offer comprehensive solutions, leveraging advanced analytics, user-friendly interfaces, and customizable features. Niche players like Trakstar focus on specialized functionalities, while emerging contenders explore AI-driven insights. Market dynamics reflect a shift toward cloud-based platforms, emphasizing data security and scalability. As organizations prioritize holistic employee assessments, the market witnesses ongoing diversification, partnerships, and acquisitions, intensifying rivalry and fostering a dynamic landscape for 360-degree feedback software providers. 'Lattice (United States)', 'BambooHR (United States) ', 'SurveySparrow (United States) ', 'Culture Amp (Australia) ', 'Leapsome (Germany) ', 'Primalogik (Canada) ', 'PerformYard (United States) ', 'Peoplebox.ai (United States) ', 'ClearCompany (United States) ', 'AssessTEAM (United States) ', 'Fast Mirror (United States) ', 'Bonusly (United States) ', 'Mitratech Trakstar (United States) ', 'ThriveSparrow (United States) ', 'Express Evaluations (United States) ', 'Deel (United States) ', 'Centrical (United States) ', 'Explorance Inc. (Canada)'

The growing emphasis on employee development and performance improvement is fueling the demand for 360-degree feedback software, enabling comprehensive assessment from multiple perspectives, enhancing self-awareness, and promoting skill enhancement.

The global 360-degree feedback software market is witnessing significant trends. Organizations are prioritizing continuous performance evaluation, driving the demand for user-friendly and customizable feedback solutions. AI and machine learning integration offer deeper insights, aiding in constructive assessments. Remote work's rise underscores the need for virtual feedback tools, fostering seamless communication. Personalized development plans are gaining prominence, enhancing employee growth. Data security and privacy measures are paramount due to increasing digitalization. Lastly, mobile compatibility and real-time tracking are becoming crucial for on-the-go assessments, shaping the 360-degree feedback software market's evolution.

North America and Europe have historically been the largest markets for 360-degree feedback software due to their mature economies, large enterprises, and tech-focused business environments. These regions often prioritize employee development, performance improvement, and engagement, which align well with the benefits offered by such software.
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