Enterprises Segment to Dominate Europe Course Authoring Software Market during 2019–2027

According to a new market research study on “Europe Course Authoring Software Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast by Deployment and End User” is expected to reach US$ 572.97 million by 2027 from US$ 189.32 million in 2019. The market is estimated to grow at a CAGR of 17.6% from 2020 to 2027. The report provides trends prevailing in the Europe course authoring software market along with the drivers and restraints pertaining to the market growth. Education sector witnessing digital enhancements is the major factor driving the growth of the Europe course authoring software market. However, issues associated with course authoring software on low priority and interest hinders the growth of Europe course authoring software market.

The Europe 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 Europe 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.

Europe is adversely affected by the COVID-19 pandemic. However the crisis is offering new opportunities for course authoring software market in the region. Europe is a one of the key regions for the growth of course authoring software market with the presence of many developed countries such as Germany, the UK, France, Italy, Norway, and Sweden, where education spending is quite high coupled with high investments in edtech startups in comparison to other regions. Also, the high adoption of advanced technology solutions in various industries makes this region an ideal market for the growth of course authoring software market. All these countries have the presence of large number of companies, especially operating in the education technology sector. Presently, Russia, the UK, Spain, Italy, Germany, Turkey, and France are among the major countries affected in a negative manner due to the COVID-19 outbreak. The governments in various European countries have imposed lockdowns/movement restrictions and closed down the educational institutions to contain the outbreak. Even if the corporate organizations and universities are still closed, the demand for online learning solutions is rising exponentially across the region owing to increasing demand for e-learning, virtual classrooms, and other digital technology solutions for uninterrupted delivery of education to employees and students. The sudden adjustments in education systems and processes as well as dynamic situation among teachers, students, and parents in the wake of ongoing pandemic are pushing stakeholders to invest in modern technologies and adapt to the evolving technology landscape in the education sector. All these factors are anticipated to drive the adoption of e-learning technologies in Europe, which would boost the growth of the Europe course authoring software market during the forecast period.

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 Europe 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, Elucidat patterned with CrossKnowledge, a full learning technology suite, including an LMS provider to assist clients scale and speed up the delivery of elearning.

The report segments the Europe Course Authoring Software Market follows:

Europe Course Authoring Software Market – By Deployment

• Cloud
• On-Premise

Europe Course Authoring Software Market – By End User

• Educational Institutes
• Enterprises

Europe Course Authoring Software Market – By Country

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