Course Authoring Software Market is expected to reach US$ 1,992.95 Mn by 2027


PRESS RELEASE BY The Insight Partners 28 Jan 2021

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Rising Awareness of Advantages of E-learning Platform Worldwide is Driving the Course Authoring Software Market Growth

 

According to our latest market study on “Course Authoring Software  Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Deployment (Cloud, On-premise); End User (Educational Institutes, Enterprises)” the market was valued at US$ 780.82 million in 2021 and is projected to reach US$ 1,992.95 million by 2027; it is expected to grow at a CAGR of 16.2% from 2020 to 2027. The report highlights key factors driving the market growth, and prominent players with their developments in the market.

 

At present, the organizations worldwide are rapidly adopting digitalization, which is creating a need for trainers and education professionals to communicate interactive courses leveraging software that enables the learners to develop their personalized web pages, courses, and navigation tools, among others. 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 growth of the course authoring software market. Articulate Global Inc.; Brainshark Inc.; Easygenerator B.V.; Elucidat; and iSpring Solutions, Inc. are among others the key course authoring software market players that have been profiled during this market study.

 

Impact of COVID–19 Pandemic on Course Authoring Software Market

The emergence and rapid spread of COVID-19 has paralyzed numerous countries including developed as well as developing. The continuous surge in count of infected patients is threatening several industries across the globe. As of December 2020, the US, India, Brazil, Russia, and France, are some of the worst affected countries in terms confirmed cases and reported deaths. The pandemic has not spared any country or region and the has hindered the education sector to some extent in the first two quarter of the year 2020, owing to the governments immigration restrictions, stay-at-home orders, and general concern about the spread of  COVID-19. However, the education institutes as well as corporate sectors has adopted the option of course authoring learning to its students and employees, which has boosted the growth of the course authoring software market globally. Since majority of the countries are exercising lockdowns, it has  resulted in the negative impact on the education sector in the first 6 months of 2020. With the continuity of the COVID-19 spread, the adoption of e-learning has seen a constant growth and created a huge opportuniy for course authoring software market player.

Course Authoring Software Market Breakdown – by Region, 2019 (%)

Course Authoring Software Market Breakdown – by Region, 2019 (%)

Course Authoring Software Market to Grow at a CAGR of 16.2% to reach US$ 1,992.95 Million from 2020 to 2027

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Published Report - Course Authoring Software Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Deployment (Cloud and On-premise), and End User (Educational Institutes and Enterprises)


 

The global course authoring software market has been segmented as follows:

Course Authoring Software Market – by Deployment

  • Cloud
  • On-Premise

Course Authoring Software Market – by End User

  • Educational Institutes
  • Enterprises

Course Authoring Software Market – by Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • Australia
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Middle East & Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America (SAM)
    • Brazil
    • Argentina
    • Rest of SAM
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