Overview and Scope
Course authoring software is a digital tool that allows educators and organizations to develop, customize, and deliver online courses and educational content. These tools offer users the ability to create interactive and interesting learning experiences without requiring advanced programming knowledge.
Sizing and Forecast
The course authoring software market size has grown exponentially in recent years. It will grow from $1.13 billion in 2023 to $1.36 billion in 2024 at a compound annual growth rate (CAGR) of 20.0%. The growth in the historic period can be attributed to rise of e-learning platforms, increased focus on accessibility standards, expansion of online education programs, growth in the demand for customizable authoring solutions, demand for remote training solutions.
The course authoring software market size is expected to see exponential growth in the next few years. It will grow to $2.87 billion in 2028 at a compound annual growth rate (CAGR) of 20.5%. The growth in the forecast period can be attributed to growing emphasis on continuous learning and upskilling, demand for authoring tools, continued expansion of microlearning initiatives, increasing adoption of adaptive learning systems, increasing integration of artificial intelligence. Major trends in the forecast period include adoption of artificial intelligence, augmented reality, adoption of blockchain, interactive elements, adaptive learning technologies, voice recognition and dictation.
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Segmentation & Regional Insights
The course authoring software market covered in this report is segmented –
1) By Type: On Premises, Cloud-Based
2) By Pricing Model: Subscription-Based, One-Time License
3) By End-User: Educational Institutes, Enterprises
North America was the largest region in the course authoring software market in 2023. The regions covered in the course authoring software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing demand for e-learning is expected to propel the growth of the course authoring software market going forward. E-learning is the delivery of education and training by digital technology, usually over the internet. The demand for e-learning is rising due to accessibility, flexibility, and technological advancements. Course authoring software allows educators and trainers to develop content that can be observed remotely, increasing accessibility and flexibility, which increases engagement and learning outcomes. For instance, in November 2021, according to Coursera, an US-based online learning platform, there was a significant milestone with over 92 million registered learners, reflecting a burgeoning interest in online education, with an increase in registered learners reaching over 102 million in 2022. Therefore, the growing demand for e-learning is driving the growth of the course authoring software market.
Key Industry Players
Major companies operating in the course authoring software market are Adobe Inc., Instructure Inc. , Seismic, Articulate Global Inc., TechSmith Corporation, Brainshark Inc., Litmos US, L.P, Easygenerator B.V., iSpring Solutions Inc., LearnWorlds Ltd., Alchemy Insights Inc., ELB Learning, Lessonly Inc., dominKnow Inc., Teachable Inc., ISEAZY, Gomo Learning, Udutu Course Authoring, Elucidat Ltd., Atomi Systems Inc
The course authoring software market report table of contents includes:
- Executive Summary
- Course Authoring Software Market Characteristics
- Course Authoring Software Market Trends And Strategies
- Course Authoring Software Market – Macro Economic Scenario
- Global Course Authoring Software Market Size and Growth
- Course Authoring Software Market Segmentation
- Course Authoring Software Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Course Authoring Software Market
- Course Authoring Software Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Course Authoring Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Course Authoring Software Market, Segmentation By Pricing Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Course Authoring Software Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
………….
Table 74: Adobe Inc. Financial Performance
Table 75: Instructure Inc. Financial Performance
Table 76: Seismic Financial Performance
Table 77: Articulate Global Inc. Financial Performance
Table 78: TechSmith Corporation Financial Performance
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