North America Funeral Home Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Deployment Type (Cloud and On-Premise) and Organization Size (Large Enterprises and SMEs)
The funeral home software market in North America is expected to grow from US$ 117.50 million in 2019 to US$ 321.85 million by 2027; it is estimated to grow at a CAGR of 13.6% from 2020 to 2027.
The US, Canada, and Mexico are major economies in North America. Rising adoption of integrated management platform has gained momentum over the past few years. Management solutions for funeral, namely, marketing, preplanning, online purchases, memorial donations, online obituaries and guest books, insurance claims, and access to grief counseling, provide excellent value and is driving the market growth. Moreover, a tribute can be provided to the deceased with the help of videos created by combining photos and video clips, which can be shown or displayed at the time of funeral visit. The customer can also accommodate a large number of family members and relatives by live-streaming the service on a private platform. Even those who could not attend the funeral can benefit from the closure that a memorial service can provide. This broadcast can then be archived and given to the family members in the form of a DVD. Furthermore, few funeral home software companies offer integrated accounting solutions that generate all documentation required for processing funeral calls. For example, FMArranger software handles financial reporting for cremation management and cemetery management. Thus, funeral home software acting as an integrated management platform for the customers is one of the major factor driving the market growth. Thus, the growth in the rising adoption of integrated management platform is expected to create a significant demand for funeral home software in the coming years, which is further anticipated to drive the market in North America.
As most countries are exercising lockdowns, the demand for funeral home software decreases at a prominent rate. In the North America, US has the highest number of COVID-19 confirmed cases, and Canada and Mexico follow it among other countries. The US is a prominent market for funeral home software in terms of revenue and market share. Increasing number of confirmed cases and rising reported deaths in the country have led to the demand for advanced funeral home software solutions due to significant restrictions on funerals. So, now many people are looking for alternative ways for doing the funeral like doing it on online platform and it helps to connect their family and friends virtually, across the US, Canada, and Mexico, which in turn is impacting the adoption of the North America funeral home software market.
With the new features and technologies coming in North America funeral home software market, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America funeral home software market. The North America funeral home software market is expected to grow at a good CAGR during the forecast period.
North America Funeral Home Software Market
Get more information on this report :
North America Funeral Home Software Market Segmentation
North America Funeral Home Software Market – By Deployment Type
- Cloud
- On-Premise
North America Funeral Home Software Market – By Product
- Large Enterprises
- SMEs
North America Funeral Home Software Market - By Country
- US
- Canada
- Mexico
North America Funeral Home Software Market – Company Profiles
- CRäKN, LLC
- FrontRunner Professional
- Funeraltech
- Halcyon
- Osiris Software (Funeral Director’s)
- SRS Computing
- Aldor Solutions
- Continental Computers, Inc.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Funeral Home Software Market – By Deployment Type
1.3.2 North America Funeral Home Software Market – By Organization Size
1.3.3 North America Funeral Home Software Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Funeral Home Software Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Funeral Home Software Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising adoption of integrated management platform
5.2 Market Restraints
5.2.1 Increasing security concerns and strict government regulations
5.3 Market Opportunities
5.3.1 Growing demand for personalized products
5.4 Future Trends
5.4.1 Surge in number of start-ups and use of new technologies
5.5 Impact Analysis of Drivers and Restraints
6. North America Funeral Home Software Market Analysis
6.1 Overview
6.2 North America Funeral Home Software Market – Revenue and Forecast to 2027 (US$ Million)
6.3 North America Market Positioning – Five Key Players
7. North America Funeral Home Software Market Analysis – By Deployment Type
7.1 Overview
7.2 North America Funeral Home Software Market Breakdown, by Deployment Type, 2019 & 2027
7.3 On-Premise
7.3.1 Overview
7.3.2 On-Premise Market Revenue and Forecast to 2027 (US$ Million)
7.4 Cloud
7.4.1 Overview
7.4.2 Cloud Market Revenue and Forecast to 2027 (US$ Million)
8. North America Funeral Home Software Market Analysis– By Organization Size
8.1 Overview
8.2 North America Funeral Home Software Market Breakdown, By Organization Size, 2019 & 2027
8.3 Large Enterprises
8.3.1 Overview
8.3.2 Large Enterprises Market Forecast and Analysis
8.4 SMEs
8.4.1 Overview
8.4.2 SMEs Market Forecast and Analysis
9. North America Funeral Home Software Market – Country Analysis
9.1 Overview
9.1.1 North America: Funeral Home Software Market, by Key Country
9.1.1.1 US: Funeral Home Software Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.1.1 US: Funeral Home Software Market, by Deployment Type
9.1.1.1.2 US: Funeral Home Software Market, by Organization Size
9.1.1.2 Canada: Funeral Home Software Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.2.1 Canada: Funeral Home Software Market, by Deployment Type
9.1.1.2.2 Canada: Funeral Home Software Market, by Organization Size
9.1.1.3 Mexico: Funeral Home Software Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.3.1 Mexico: Funeral Home Software Market, by Deployment Type
9.1.1.3.2 Mexico: Funeral Home Software Market, by Organization Size
10. North America Funeral Home Software Market - COVID-19 Impact Analysis
10.1 North America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Market Initiative
12. Company Profiles
12.1 CRäKN, LLC
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 FrontRunner Professional
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Funeraltech
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Halcyon
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Osiris Software (Funeral Director’s)
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 SRS Computing
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Aldor Solutions
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Continental Computers, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. North America Funeral Home Software Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. US: Funeral Home Software Market, by Deployment Type –Revenue and Forecast to 2027 (US$ Million)
Table 3. US: Funeral Home Software Market, by Organization Size –Revenue and Forecast to 2027 (US$ Million)
Table 4. Canada: Funeral Home Software Market, by Deployment Type –Revenue and Forecast to 2027 (US$ Million)
Table 5. Canada: Funeral Home Software Market, by Organization Size –Revenue and Forecast to 2027 (US$ Million)
Table 6. Mexico: Funeral Home Software Market, by Deployment Type –Revenue and Forecast to 2027 (US$ Million)
Table 7. Mexico: Funeral Home Software Market, by Organization Size –Revenue and Forecast to 2027 (US$ Million)
Table 8. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Funeral Home Software Market Segmentation
Figure 2. North America Funeral Home Software Market Segmentation – By Country
Figure 3. North America Funeral Home Software Market Overview
Figure 4. North America Cloud Segment held the Largest Share of Funeral Home Software Market, by Deployment Type
Figure 5. North America SMEs Segment held the Largest Share of Funeral Home Software Market, by Organization Size
Figure 6. Canada to Show Great Traction During Forecast Period, by Country
Figure 7. North America – PEST Analysis
Figure 8. North America Funeral Home Software Market – Ecosystem Analysis
Figure 9. North America Expert Opinion
Figure 10. North America Funeral Home Software Market: Impact Analysis of Drivers and Restraints
Figure 11. North America Funeral Home Software Market – Revenue and Forecast to 2027 (US$ Million)
Figure 12. North America Funeral Home Software Market Breakdown, by Deployment Type (2019 and 2027)
Figure 13. North America On-Premise Market Revenue and Forecast to 2027(US$ Million)
Figure 14. North America Cloud Market Revenue and Forecast to 2027(US$ Million)
Figure 15. North America Funeral Home Software Market Breakdown, By Organization Size, 2019 & 2027 (%)
Figure 16. North America Large Enterprises Market Revenue and Forecast to 2027 (US$ Million)
Figure 17. North America SMEs Market Revenue and Forecast to 2027 (US$ Million)
Figure 18. North America: Funeral Home Software Market Revenue Share, by Key Country (2019 and 2027)
Figure 19. US: Funeral Home Software Market – Revenue and Forecast To 2027 (US$ Million)
Figure 20. Canada: Funeral Home Software Market – Revenue and Forecast To 2027 (US$ Million)
Figure 21. Mexico: Funeral Home Software Market – Revenue and Forecast To 2027 (US$ Million)
Figure 22. Impact of COVID-19 Pandemic in North American Country Markets
- CRäKN, LLC
- FrontRunner Professional
- Funeraltech
- Halcyon
- Osiris Software (Funeral Director’s)
- SRS Computing
- Aldor Solutions
- Continental Computers, Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America funeral home software market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America funeral home software market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the funeral home software market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution