sales@businessmarketinsights.com     UK: +442081254005
   

North America Academic Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Deployment (Cloud and On-premise) and Application (Colleges and Universities, Educational Services, and Others)

Code: TIPRE00019122 | Pages: 91 | Industry: Technology, Media and Telecommunications | Date: Feb 2021
Covid

Market Introduction

Academic Software is a solution used in schools, colleges, and universities to download or access academic resources and manage other operational activities across the campus. The solutions are available monthly or annual basis for students, teaching staffs, and non-teaching staffs based on the investment capacity of the organization. The adoption of online learning platform coupled with the integration of several technologies such as artificial intelligence, augmented reality and virtual reality is increasing across North America, which, in turn is creating demand for advanced solutions across the education sector to manage operation processes efficiently.

Increasing adoption of eLearning across institutions is the key factor driving the growth of the North America academic software market. In eLearning, by reading or watching content, it is changing the way education is delivered. Several eLearning courses such as animation, podcasts, and videos create a multi-modal and realistic learning environment. ELearning, educational content opens up several immersive learning opportunities for learners through computers, laptops, tablets, or smartphones. Instead of being in a passive environment, students can choose what they need to learn easily and quickly. These benefits are increasing the demand for academic software across North America. Also, growing acceptance of E-Learning across academic institutions to bolster the demand for academic software in the coming years, which is further anticipated to drive the North America academic software market.

North America is adversely affected by the COVID-19 outbreak. Owing to the favorable government policies to boost innovation and reinforce infrastructure capabilities, North America have the highest acceptance and development rate of emerging technologies. Any hindrance on industries is therefore projected to hamper the region's economic development. Currently, due to the COVID-19 outbreak, the US is the worst-affected country in the region, thus affecting the sudden stands still across all the industries present in the region. It is becoming apparent with the pandemic spreading across the US that a few can escape its scope, presenting significant challenges to all industries. The education sector is positively affected by the outbreak as all schools, colleges, and universities are temporarily closed to control the spread of the virus. Eventually, with the high support from the government, the students in North America are shifting to online studies from offline learning methods. For instance, according to data published by the United States Department of Education, 2,500 colleges are presently offering online courses across the States. Additionally, several top universities have committed to decade-long, multi-million dollar contracts and joint ventures in central, vital academic areas with educational online program managers (OPMs). These collaborations, if properly designed, will allow universities to leap forward. Thus, the rising shift of the education sector to online mediums owing to the pandemic is expected to drive the growth of the North America academic software market during the forecast period.

Market Overview and Dynamics

The academic software market in North America is expected to grow from US$ 270.63 million in 2019 to US$ 809.26 million by 2027; it is estimated to grow at a CAGR of 15.2% from 2020 to 2027. Open source academic software solutions are available for free on online websites for professional use by educational institutions, such as schools, colleges, and universities. These solutions enable institutions to keep a record of all data in their systems and manage the same. The open source academic software is generally self-hosted web-based academic solutions with almost all features of well-established academic solutions, such as ALMA and CAMPUS CAF. The high cost of software implementation is influencing the small and medium institutions SMEs to adopt freely available solutions. Companies that are offering open source academic software include OpenSIS, Rosario SIS, Gibbon, iGuru, Skyward, and Schoolguru. The major reason for adopting open source academic solutions among institutions is to reduce cost of software purchase and implementation of the same. With the adoption of open source software solutions, the institutions also eliminate the vendor lock-in period associated with paid academic software solutions. Thus, the prevalence of open source academic solutions is expected to restrict or hinder the market growth during the forecast period.

Key Market Segments

In terms of deployment, the cloud segment accounted for the largest share of the North America academic software market in 2019. Further, the colleges and universities segment held a substantial share of the North America academic software market based on application in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the academic software market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Alma; Software Advice, Inc.; ConexED; Envisio; PowerVista Software, Inc.; Qualtrics; Tophatmonocle Corp.; TrueDialog; WizeHive.

Reasons to buy report

  • To understand the North America academic software market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for North America academic software market
  • Efficiently plan M&A and partnership deals in North America academic software market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America academic software market
  • Obtain market revenue forecast for market by various segments from 2020-2027 in North America region.

North America Academic Software Market Segmentation

North America Academic Software Market - By Deployment

  • Cloud
  • On-Premises

North America Academic Software Market - By Application

  • Colleges and Universities
  • Educational Services
  • Others  

North America Academic Software Market - By Country

  • US
  • Canada
  • Mexico

North America Academic Software Market - Company Profiles

  • Alma
  • Software Advice, Inc.
  • ConexED
  • Envisio
  • PowerVista Software, Inc.
  • Qualtrics
  • Tophatmonocle Corp.
  • TrueDialog
  • WizeHive  

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        North America Academic Software Market – By Deployment

1.3.2        North America Academic Software Market – by Application

1.3.3        North America Academic Software Market - By Country

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           North America Academic Software Market Landscape

4.1         Market Overview

4.2         North America PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           North America Academic Software Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Growing Acceptance of E-Learning Across Academic Institutions

5.2         Impact Analysis of Drivers and Restraints

6.           Academic Software Market – North America Analysis

6.1         North America Academic Software Market Overview

6.2         North America Academic Software Market – Revenue and Forecast to 2027 (US$ Million)

6.3         Market Positioning – Five Key Players

7.           North America Academic Software Market Analysis – by Deployment

7.1         Overview

7.2         North America Academic Software Market, by Deployment (2019 and 2027)

7.3         Cloud

7.3.1        Overview

7.3.2        Cloud: Academic Software Market – Revenue and Forecast to 2027 (US$ Million)

7.4         On-Premise

7.4.1        Overview

7.4.2        On-Premise: Academic Software Market – Revenue and Forecast to 2027 (US$ Million)

8.           North America Academic Software Market Analysis – by Application

8.1         Overview

8.2         North America Academic Software Market, by Application (2019 and 2027)

8.3         Colleges and Universities

8.3.1        Overview

8.3.2        Colleges and Universities: Academic Software Market – Revenue and Forecast to 2027 (US$ Million)

8.4         Educational Services

8.4.1        Overview

8.4.2        Educational Services: Academic Software Market – Revenue and Forecast to 2027 (US$ Million)

8.5         Others

8.5.1        Overview

8.5.2        Others: Academic Software Market – Revenue and Forecast to 2027 (US$ Million)

9.           North America Academic Software Market – Country Analysis

9.1         Overview

9.1.1        North America: Academic Software Market, by Key Country

9.1.1.1          US: Academic Software Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.1.1          US: Academic Software Market, by Deployment

9.1.1.1.2          US: Academic Software Market, by Application

9.1.1.2          Canada: Academic Software Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.2.1          Canada: Academic Software Market, by Deployment

9.1.1.2.2          Canada: Academic Software Market, by Application

9.1.1.3          Mexico: Academic Software Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.3.1          Mexico: Academic Software Market, by Deployment

9.1.1.3.2          Mexico: Academic Software Market, by Application

10.        Impact of COVID-19 Pandemic on North America Academic Software Market

10.1      North America: Impact Assessment of COVID-19 Pandemic

11.        Industry Landscape

11.1      Overview

11.2      Market Initiative

11.3      New Product Development

12.        Company Profiles

12.1      Alma

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      Campus Cafe Software

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      ConexED

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      Envisio Solutions Inc.

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      PowerVista Software, Inc

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      Qualtrics LLC

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      Tophatmonocle Corp.

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      TrueDialog

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

12.9      WizeHive, Inc.

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

             13.2      Word Index

LIST OF TABLES

Table 1.             North America Academic Software Market – Revenue and Forecast to 2027 (US$ Million)

Table 2.             US: Academic Software Market, by Deployment –Revenue and Forecast to 2027 (US$ Million)

Table 3.             US: Academic Software Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 4.             Canada: Academic Software Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)

Table 5.             Canada: Academic Software Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 6.             Mexico: Academic Software Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)

Table 7.             Mexico: Academic Software Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 8.               List of Abbreviation

LIST OF FIGURES

Figure 1.           North America Academic Software Market Segmentation

Figure 2.           North America Academic Software Market Segmentation – By Country

Figure 3.           North America Commenting Systems Market Overview

Figure 4.           Cloud Segment Held the Largest Market Share Based on Deployment

Figure 5.           Colleges and Universities Segment Held the Largest Market Share Based on Application

Figure 6.           US to Show Great Traction During Forecast Period

Figure 7.           North America: PEST Analysis

Figure 8.           Expert Opinion

Figure 9.           North America Academic Software Market Impact Analysis of Drivers and Restraints

Figure 10.        North America Academic Software Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11.        North America Academic Software Market Revenue Share, by Deployment (2019 and 2027)

Figure 12.        North America Cloud: Academic Software Market – Revenue and Forecast to 2027 (US$ Million)

Figure 13.        North America On-Premise: Academic Software Market – Revenue and Forecast to 2027 (US$ Million)

Figure 14.        North America Academic Software Market Revenue Share, by Application (2019 and 2027)

Figure 15.        North America Colleges and Universities: Academic Software – Revenue and Forecast to 2027 (US$ Million)

Figure 16.        North America Educational Services: Academic Software Market – Revenue and Forecast to 2027 (US$ Million)

Figure 17.        North America Others: Academic Software Market – Revenue and Forecast to 2027 (US$ Million)

Figure 18.        North America: Academic Software Market Revenue Share, by Key Country (2019 and 2027)

Figure 19.        US: Academic Software Market – Revenue and Forecast to 2027 (US$ Million)

Figure 20.        Canada: Academic Software Market – Revenue and Forecast to 2027 (US$ Million)

Figure 21.          Mexico: Academic Software Market – Revenue and Forecast to 2027 (US$ Million)

  1. Alma
  2. Software Advice, Inc.
  3. ConexED
  4. Envisio
  5. PowerVista Software, Inc.
  6. Qualtrics
  7. Tophatmonocle Corp.
  8. TrueDialog
  9. WizeHive

 

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America academic 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 academic 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 academic 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

Related Tags North America Academic Software Market North America Academic Software Market Research North America Academic Software Market Insight North America Academic Software Market Trends North America Academic Software Market Forecast North America Academic Software Market Share North America Academic Software Market 2027 North America Academic Software Market Growth North America Academic Software Industry Sector North America Academic Software PDF Report North America Academic Software Analysis North America Academic Software Research Competitive Analysis

Purchase Options
Single User License
$3000
Site License
$4000
Enterprise License
$5000