Evolving Education Sector to Dominate North America Accreditation Management Software Market During 2019–2027

According to a new market research study on “North America Accreditation Management Software Market Forecast to 2027 – COVID-19 Impact and Analysis – by Deployment and Enterprise Size”. The accreditation management software market in North America was valued at US$ 33.9 million in 2019 and is projected to reach US$ 79.1 million by 2027; it is expected to grow at a CAGR of 11.8% from 2020 to 2027. The report provides trends prevailing in the North America accreditation management software market along with the drivers and restraints pertaining to the market growth. The growing education sector and obligatory environment of accreditation management are the major factors driving the growth of the accreditation management software market. However, cybersecurity concerns might hinder the growth of the North America 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 North America 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.

Armature Solutions Corporation, NextLOGiK, Creatrix Campus, Dossier Solutions, Liaison International, Openwater, Qualtrax, Inc., SoftTech Health, LLC, WizeHive, Inc., and SPOL. 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, Watermark launched integrated reporting templates in its next-generation assessment planning and accreditation solution. It allows allowing a program to streamline the process of preparing for accreditation.

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

The Report Segments the North America 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

• US
• Canada
• Mexico

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