Course Authoring Software Market Key Players, Overview, Applications and Analysis 2027

Posted by Avi on September 26th, 2022

According to The Insight Partners’ research, the global Course Authoring Software Market was evaluated at US$ 328.5 million in 2019 and is estimated to hit US$ 1,628.6 million by 2027 to grow at a CAGR of 22.6% from 2019 to 2027. The cloud-based solutions favoring the adoption of course authoring software and escalating digitalization in the education sector are the potential factors attributed to the market expansion.

The demand for cloud-based solutions and cloud computing has been increasing worldwide since past few years. Innovative technological solutions, enhanced services, and operational productivity are among the key features driving cloud-based solutions across education sector and corporate space worldwide. These software solutions offer lucid scalability and flexible interface to ed-tech institutions enabling them to reduce overall expenses and operational risks. The miscellaneous features such as easy algorithm, evolving cloud architecture, payment on user-basis, high security, regular data backup, and easy deployment are attracting diverse industry verticals to integrate cloud services in their business operations.

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Digital technologies and associated hardware are being largely adopted in the education sector for better learning and outputs. Ed-tech companies, educational institutes, and organizations integrate gadgets such as smart devices, interactive digital displays, tablets, smartphones, virtual reality (VR) gadgets, and augmented reality (AR) gadgets for imparting knowledge and content creation. Besides, additional facilities such as online/e-learning courses, online exams, virtual classrooms, edutainment, and digital books are propelling the rising adoption of digital technologies. The US, China, India, the UK, France, South Korea, and Australia are among the countries where the trend of digitalized education has been growing tremendously, thus eventually accelerating the global course authoring software market.

However, very little engagement and motivation for the deployment of course authoring software curb the growth of global course authoring software market.

Based on deployment, the course authoring software business sphere is bifurcated into cloud and on-premise. The former held 81.8% market share in 2019, amassing US$ 591.33 million. It is projected to accrue US$ 1,739.13 million by 2027 to expand at a CAGR of 17.1% during 2019–2027.

In terms of end user, the global course authoring software market is fragmented into educational institutes and enterprises. With 70.0% market share, the enterprises segment led the business in 2019. It generated US$ 505.93 million in 2019 and is slated to garner US$ 1,326.96 million by 2027 to rise at an annual growth rate of 15.5% throughout the forecast period.

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Regionally speaking, North America dominated the market occupying 41.1% share of the domain in 2019, worth US$ 296.96 million. Further, it is supposed to reach US$ 743.77 million by 2027 to exhibit a CAGR of 14.8% along the forecast period. Meanwhile, Asia Pacific marked the highest CAGR at 18.9%, with a valuation of US$ 159.79 million in 2019. The regional market is likely to reach US$ 529.13 million by 2027.

Key players dominating the global course authoring software market are Articulate Global Inc; Brainshark Inc; Easygenerator B.V.; Elucidat; iSpring Solutions Inc; Learnworlds (CY) Ltd; Lessonly, Inc.; SAP Litmos; Adobe Inc; and Instructure, Inc, among others.

  • In April 2019, Brainshark Inc partnered with Think! Inc and 5600Blue. With the methodologies and content-based services of these companies, the trio will enable the sales teams with just-in-time features and expertise to expand the business. Later, in December 2019, Brainshark acquired Rekener, a B2B customer data platform for an undisclosed amount.
  • In October 2019, Elucidat built a new office in North Carolina, US, to cater the services and expand the business in North America. Later, in December 2020, the company partnered with CrossKnowledge, a learning technology platform, to help clients scale up the delivery of e-learning suites.
  • In April 2020, iSpring Solutions slashed the prices of its e-learning authoring toolkits by 90% to support training during the pandemic period. The solution was offered for a mere US$ 19 for a 3-month subscription period.

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Joined: September 26th, 2022
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