Course Authoring Software Market to Grow at a CAGR of 16.2% to reach US$ 1,992.95 Million from 2020 to 2027
The course authoring software market expected to grow from US$ 780.82 million in 2021 to US$ 1,992.95 million by 2027. The Course authoring software market is expected to grow at a CAGR of 16.2% during the forecast period of 2020 to 2027.
The growth of e-learning has created a demand for efficient course authoring software, which has boosted the course authoring software market's growth. However, the availability of open-source platforms may hinder the growth of course authoring software market to a certain extent. The growing digitalization of enterprises in emerging economies and government initiatives for e-learning are some of the factors boosting the growth of course authoring software market. The rising demand for online courses and increase in the number of registrations for online programs are creating a huge opportunity for vendors operating in the course authoring software market. The market for online courses is highly fragmented due to the presence of numerous players operating in the course authoring software market. The course authoring vendors must focus on partnerships with online course providers to expand their footprints worldwide. Online learning is becoming an essential part of the educational landscape. The online program enrollments are majorly driven by the rising interest of employees who are looking for flexible formats for certificates, courses, and degree programs to support career placement as well as to pursue advanced studies
The course authoring software market is categorized into deployment, end user, and geography. Based on deployment, the market is dominated by the cloud segment throughout the forecast period. The course authoring software market, by the end user, is sub-segmented into educational institutes and enterprises. The educational institutes' segment is anticipated to witness a higher CAGR during the forecast period due to the rising adoption of virtual classrooms and e-learning, particularly after the outbreak of the COVID-19 pandemic. The cloud segment's growth is propelled due to the flexibility and cost benefits of cloud-based deployment over on-premises. Based on geography, APAC and Europe are anticipated to offer lucrative growth opportunities to the market players.
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Published Report - Course Authoring Software Market: Strategic Insights
Published Report - Course Authoring Software Market
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CAGR (2021 - 2027)
16.2%
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Market Size 2021
US$ 780.82 Million
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Market Size 2027
US$ 1,992.95 Million
Market Dynamics
GROWTH DRIVERS
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FUTURE TRENDS
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OPPORTUNITIES
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Key Players
- Articulate Global Inc
- Brainshark Inc
- Easygenerator B V
- Elucidat
- iSpring Solutions Inc
- LearnWorlds CY Ltd
- Lessonly Inc
- SAP Litmos
- Adobe Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Deployment
- Cloud and On-premise
End User
- Educational Institutes and Enterprises
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Published Report - Course Authoring Software Market: Strategic Insights
-
CAGR (2021 - 2027)16.2% -
Market Size 2021
US$ 780.82 Million -
Market Size 2027
US$ 1,992.95 Million
Market Dynamics
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
Key Players
- Articulate Global Inc
- Brainshark Inc
- Easygenerator B V
- Elucidat
- iSpring Solutions Inc
- LearnWorlds CY Ltd
- Lessonly Inc
- SAP Litmos
- Adobe Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Cloud and On-premise
- Educational Institutes and Enterprises
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Course Authoring Software Market Insights
Escalating Digitalization in Education Sector
Digitalization has been transforming several industries across the world by driving the adoption of digital technologies, and smart and connected hardware to increase overall operational productivity and revenues of companies. Education is considered one of the key industries where digitalization is rapidly evolving with the adoption of smart devices, such as interactive displays, notebooks, tablets, and smartphones. Additionally, mounting digital content creation for education sector, online/e-learning courses, online exams, virtual classrooms, edutainment, and digital textbooks is further boosting the growth of course authoring software market worldwide. The US, China, India, the UK, France, South Korea, and Australia are among the countries where the trend of digitalized education has been growing at an impressive pace. The rising investments in edtech startups that are integrating advanced technologies such as AR, VR, and AI in education solutions are further boosting the overall trend of digitalization in the education sector.
Deployment -Based Market Insights
Based on deployment, the global course authoring software market is segmented into cloud-based and on-premise deployment. The cloud based course authoring software is witnessing high demand as compared to on-premise course authoring software. The cloud segment generates the majority of the demand since it is comparatively less expensive and due to strong network infrastructure in developed countries. While selecting the deployment of course authoring software, a user is required to make certain decision regarding timeline, technical limitations, security regulations, pre-existing technology investments, and vendor selection.
End user -Based Market Insights
Based on end user, the course authoring software market is segmented into educational institutes and enterprises. The increasing number of colleges, universities, and medical laboratories, as well as the rising trend for e-learning is are significantly driving the demand of course authoring software among educational institutes. Also, in the enterprise segment, the demand is driven by the growing need for training due to advent of new and innovative procedures and technology.
Players operating in the Course authoring software market focus on strategies, such as market initiatives, acquisitions, and product launches, to maintain their positions in the course authoring software market. A few developments by key players of the course authoring software market are:
In December 2020, Elucidat patterned with CrossKnowledge, a full learning technology suite, including an LMS provider to assist clients scale and speed up the delivery of elearning.
In April 2020, iSpring Solutions Inc. slashed the prices of its eLearning Authoring Toolkit by 90% in order to support training during pandemic. The solution was offered US $19 for a 3-month period.
Course Authoring Software Market Report Scope
Report Attribute | Details |
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Market size in 2021 | US$ 780.82 Million |
Market Size by 2027 | US$ 1,992.95 Million |
Global CAGR (2021 - 2027) | 16.2% |
Historical Data | 2019-2020 |
Forecast period | 2022-2027 |
Segments Covered |
By Deployment
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Regions and Countries Covered | North America
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Market leaders and key company profiles |
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Course Authoring Software Market – by Deployment
- Cloud
- On-Premise
Course Authoring Software Market – by End User
- Educational Institutes
- Enterprises
Course Authoring Software Market – by Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- UK
- Italy
- Russia
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- Japan
- Australia
- South Korea
- Rest of APAC
MEA
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
SAM
- Brazil
- Argentina
- Rest of SAM
Course authoring software Market – Company Profiles
- Articulate Global Inc.
- Brainshark Inc.
- Easygenerator B.V.
- Elucidat
- iSpring Solutions, Inc.
- LearnWorlds (CY) Ltd
- Lessonly, Inc.
- SAP Litmos
- Adobe Inc.
- Instructure, Inc.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Deployment , and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The course authoring software market is led by enterprise segment with highest share and is expected to dominate in the forecast period. Enterprises use course authoring software to provide training to their workforce, resellers, partners, or customers. With the rising globalization and increasing competition, organizations aim to provide efficient training and high customer satisfaction. Also, several companies are expanding their geographical footprints by partnering with resellers or opening sales offices across various regions. This creates a demand for these organizations to offer time-to-time training, which, in turn, is boosting the demand for course authoring software.
The rising demand for online courses and increase in the number of registrations for online programs are creating a huge opportunity for vendors operating in the course authoring software market. The market for online courses is highly fragmented due to the presence of numerous players operating in the course authoring software market. The course authoring vendors must focus on partnerships with online course providers to expand their footprints worldwide. Online learning is becoming an essential part of the educational landscape. The online program enrollments are majorly driven by the rising interest of employees who are looking for flexible formats for certificates, courses, and degree programs to support career placement as well as to pursue advanced studies. This anticipated to offer ample growth opportunities for the global tour operator software market players.
The adoption of the rapid authoring method worldwide has grown significantly during the past few years. The course authoring software reduces time and costs concerning training, thus resulting in engaging content delivery. Some of the benefits delivered by these tools include accessibility from tools from any device at any place, reduced training costs, improved performance, and content repurposing. The growth of e-learning has created a demand for efficient course authoring software, which has boosted the course authoring software market's growth. However, the availability of open-source platforms may hinder the growth of course authoring software market to a certain extent, drive the adoption of the course authoring software.
The List of Companies - Course Authoring Software Market
- Articulate Global Inc.
- Brainshark Inc.
- Easygenerator B.V.
- Elucidat
- iSpring Solutions, Inc.
- LearnWorlds (CY) Ltd
- Lessonly, Inc.
- SAP Litmos
- Adobe Inc.
- Instructure, Inc.