North America Business Plan Software Market to Grow at a CAGR of 5.52% to reach US$ 70810.77 Million from 2020 to 2027

The business plan software market in North America is expected to grow from US$ 47454.11 Mn in 2019 to US$ 70810.77 Mn by 2027; it is estimated to grow at a CAGR of 5.52% from 2020 to 2027.

The US, Canada, and Mexico are major economies in North America. The accentuating number of start-ups has rises over the past few years. The stupendous growth in industrialization is a result of the rising number of start-ups, small and medium enterprises (SMEs), and large organizations across industries. The start-up ecosystem is booming in the current scenario, and is driving the economy of every country. The new entrepreneurs are seeking business-planning services to assess their business prospects. Considering the fact, that majority of the emerging entrepreneurs in the developed countries are well aware of the benefits of software-based business planning, the demand for business plan software among the companies providing business planning services is surging. This parameter is positively influencing the growth of the North America business plan software market. In a present scenario, the growth of start-ups is maximum in the US, Canada, and Mexico. The majority of the start-ups are inclined toward technology sector, followed by the healthcare sector. The US stands at the forefront and dominates the start-up ecosystem; however, the growth scenario in Canada and Mexico is reflecting tremendous growth. The availability of easy funding and the demand for advanced technology is resulting into the rise in number of start-ups in these regions. Canada has witnessed a strong growth in the number of start-ups recently as the government promised to implement an innovation-driven development strategy and enhance competitiveness in the country. The continuous rise in the number of start-ups in the country is generating significant demand for software-based business planning services in order to gather comprehensive information on the market and business prospects. These factors are driving the growth of the business plan software market. Thus the growth in the accentuating number of start-ups is expected to create a significant demand for business plan software in the coming years, which is further anticipated to drive the market in North America.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the business plan software market. The North America business plan software market is expected to grow at a good CAGR during the forecast period. While there are diverse viewpoints on the damage, which COVID-19 may cause, the fact remains that COVID-19 is spreading rapidly. New cases are rising in all countries in US, Canada, and Mexico. Though the impacts on diverse businesses are well-known, the technology sector is also facing the largest disruption in recent remembrance.

North America Business Plan Software Market Segmentation

North America Business Plan Software Market – By Platform

• iOS
• Windows
• Others

North America Business Plan Software Market – By Deployment Type

• On-Premise
• Cloud

North America Business Plan Software Market – By Subscription Type

• One-Time
• Monthly
• Annual

North America Business Plan Software Market – By Country

• US
• Canada
• Mexico

North America Business Plan Software Market - Companies Mentioned

• Simpleplanning
• Tarkenton.com
• Palo Alto Software, Inc.
• PlanGuru, LLC
• Startups.com LLC
• Atlas Business Solutions, Inc.
• enloop, Inc.
• StratPad Inc.

North America Business Plan Software Report Scope