Cloud Segment to Dominate North America Board Management Software Market during 2019–2027
According to The Insight Partners market research study on “North America Board Management Software Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast by Deployment and Application,” is expected to reach US$ 4000.4 million by 2027 from US$ 1392.3 million in 2019. The market is estimated to grow at a CAGR of 14.9% from 2020 to 2027. The report provides trends prevailing in the North America board management software market along with the drivers and restraints pertaining to the market growth. Reduction in workload and increase in efficiency and complex regulatory environment are the major factor driving the growth of the North America board management software market. However, risks related to data security hinder the growth of North America board management software market.
The North America board management software market is segmented into deployment, application, and country. Based on deployment, the market is segmented into cloud and on premise. In 2019, the cloud segment held the largest share North America board management software market. Similarly, based on application the North America board management software market is divided into BFSI, education, healthcare, oil & energy, government, and others. The others is expected to the fastest growing segment over the forecast period.
The US is the worst-hit country by the COVID-19 pandemic in North America. The continuous growth in the number of infected individuals has led the US government to impose lockdown across nation’s borders. Owing to the stricter containment measures taken by the government, several organizations have been temporarily shut down, which has been restraining the North America board management software market growth.
Aprio Inc, Azeus Convene, Boardable Board Management Software, Inc, BoardBookit, Inc, BoardPAC Inc, Diligent Corporation, Governance and Executive Systems, Inc, Nasdaq Inc, Passageways Inc, Granicus, LLC, BoardPaq LLC, iCompass Technlogies, Emerald Data Solutions, Inc, and Prime Government Solutions Inc. are among the leading companies in the North America board management 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, Aprio Inc. partnered with WhistleBlower Security Inc. to enhance transparent and accountable work practices through its products.
North America Board Management Software Market, By Country, 2019 and 2027 (%)
North America Board Management Software Market to Grow at a CAGR of 14.9% to reach US$ 4000.4 Million from 2020 to 2027
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North America Board Management Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Deployment Type (Cloud and On Premise), and Application (BFSI, Education, Healthcare, Oil & Energy, Government, and Others)
North America Board Management Software Market to Grow at a CAGR of 14.9% to reach US$ 4000.4 Million from 2020 to 2027
Download Free SampleNorth America Board Management Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Deployment Type (Cloud and On Premise), and Application (BFSI, Education, Healthcare, Oil & Energy, Government, and Others)
The report segments the North America board management software market as follows:
North America Board Management Software Market – By Deployment
- Cloud
- On premise
North America Board Management Software Market – By Application
- BFSI
- Education
- Healthcare
- Oil & Energy
- Government
- Others
North America Board Management Software Market – By Country
- US
- Canada
- Mexico