Asia-Pacific Course Authoring Software Market is expected to reach US$ 529.13 million by 2027

Education Segment is Expected to be Fastest Growing During Forecast Period for APAC Region

According to The Insight Partners market research study on “APAC Course Authoring Software Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast by Deployment and End User” is expected to reach US$ 529.13 million by 2027 from US$ 159.79 million in 2019. The market is estimated to grow at a CAGR of 18.9% from 2020 to 2027. The report provides trends prevailing in the APAC course authoring software market along with the drivers and restraints pertaining to the market growth. Online courses and professional certifications getting highly popular is the major factor driving the growth of the APAC course authoring software market. However, issues associated with course authoring software on low usage hinders the growth of APAC course authoring software market.

The APAC course authoring software market is categorized into deployment, end user, and country. Based on deployment, the market is dominated by the cloud segment throughout the forecast period. The APAC 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.

APAC is badly affected by the COVID-19 pandemic, however this has provided new opportunities for course authoring software market in the region. APAC is a highly dynamic region in terms of economic growth as well as positive online education industry outlook. The region is also characterized by the presence of many developing countries such as China, India, and many South Asian countries where investments in online education sector as well as in edtech startups is quite high. The rising level of urbanization, high population growth, and technology adoption in education sector as well as increasing number of corporate companies are some of the key driving factors which makes APAC an attractive market for the future growth of course authoring software market. APAC is home to around 60% of world population that includes the two most populous countries of the world, China and India. In addition to the huge population, the region also has presence of huge young and tech savvy school and college going population. All these factors are complementing the demand of various types of course authoring solutions in the region. Additionally, the high penetration of consumer electronics and growing demand of e-learning/distance learning solutions in countries such as China and India, is another positive sign for the growth of course authoring software market in the region. The ongoing COVID-19 outbreak and closure of corporate companies, universities, and other educational institutions in the region is further fueling the adoption of education technology solutions. All these factors coupled with presence of a large number of well-funded edtech startups in this region will drive the market growth in the coming years.

Adobe Inc.; Articulate Global Inc.; Brainshark, Inc.; Easygenerator; Elucidat; Instructure, Inc.; iSpring Solutions Inc.; LearnWorlds; Lessonly, Inc.; SAP Litmos are among the leading companies in the APAC course authoring software market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, SAP and Women’s Tennis Association (WTA) partnered to launch new educational platform for WTA players named WTA University. The programme was designed and developed by SAP Litmos.

The report segments the APAC Course Authoring Software Market follows:

APAC Course Authoring Software Market – By Deployment

• Cloud
• On-Premise

APAC Course Authoring Software Market – By End User

• Educational Institutes
• Enterprises

APAC Course Authoring Software Market – By Country

• Australia
• China
• India
• Japan
• South Korea
• Rest of APAC