Europe Accreditation Management Software Market is expected to reach US$ 72.6 Mn by 2027

Evolving Education Sector to Dominate Europe Accreditation Management Software Market during 2019–2027

According to a new market research study on “Europe Accreditation Management Software Market Forecast to 2027 – COVID-19 Impact and Analysis – by Deployment and Enterprise Size”. The accreditation management software market in Europe was valued at US$ 26.7 million in 2019 and is projected to reach US$ 72.6 million by 2027; it is expected to grow at a CAGR of 14.0% from 2020 to 2027. The report provides trends prevailing in the Europe accreditation management software market along with the drivers and restraints pertaining to the market growth. The growing education sector is the major factor driving the growth of the accreditation management software market. However, cybersecurity concerns might hinder the growth of the Europe accreditation management software market.

The market for the accreditation management software market is segmented into deployment type and enterprise size, and country. Based on deployment, the market is segmented into the cloud and on-premises. In 2019, the cloud segment held a larger share of the Europe accreditation management software market. Based on enterprise size, the accreditation management software market is segmented into SMEs and large enterprises. SMEs segment is expected to the faster-growing segment during the forecast period.

Creatrix Campus, Dossier Solutions, and Qualtrax, Inc. The companies are focused on adopting inorganic growth strategies to sustain their position in the dynamic market. For instance, in 2017, Qualtrax, Inc. announced the completion of a major growth equity investment. The capital will be used to further accelerate the company’s strong track record of growth.

Europe Accreditation Management Software Market, By Country, 2019 and 2027 (%) 

The Report Segments the Europe Accreditation Management Software Market as Follows:

Accreditation Management Software Market – by Deployment Type

• Cloud
• On-Premises

Accreditation Management Software Market – by Enterprise-Size

• SMEs
• Large Enterprises

Accreditation Management Software Market – by Country

• Germany
• UK
• France
• Italy
• Russia
• Rest of Europe