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What Is the Expected CAGR for the Course Authoring Software Market Through 2025?
In recent years, the market size of course authoring software has seen substantial expansion. It is projected to increase from $1.36 billion in 2024 to $1.64 billion in 2025, with a compound annual growth rate (CAGR) of 20.7%. The dramatic growth in the historical period can be ascribed to the emergence of e-learning platforms, an augmented focus on accessibility standards, the proliferation of online education programs, increased demand for tailor-made authoring solutions, and the need for remote training solutions.
What’s the Projected Size of the Global Course Authoring Software Market by 2029?
Forecasted for exponential expansion in the upcoming years, the course authoring software market is projected to reach a value of $3.45 billion by 2029. This predicts a compound annual growth rate (CAGR) of 20.4%. This anticipated growth in the forecast period can be credited to an increasing focus on continuous education and enhancement of skills, as well as a growing demand for authoring tools. The expanded focus on microlearning initiatives, the rise in acceptance of adaptive learning systems, and the enhanced integration of artificial intelligence also play a part in this growth. Key trends to expect in this forecast period include the implementation of artificial intelligence and augmented reality, the rising popularity of blockchain, the utilization of interactive elements, adaptive learning technologies, and the incorporation of voice recognition and dictation.
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Top Growth Drivers in the Course Authoring Software Industry: What’s Accelerating the Market?
The course authoring software market is set for considerable growth, driven by an escalating need for e-learning. Delivered through digital means such as the internet, e-learning is growing in demand thanks to its accessibility, convenience and the continuous improvement in technology. Course authoring software gives teaching professionals the ability to create study materials that can be accessed remotely, enhancing accessibility and versatility, and subsequently heightening engagement and learning results. For instance, a report released by US-based Coursera disclosed a sharp increase in the search activity for genAI content on their platform in 2023, demonstrating a quadruple growth when compared to 2022. Therefore, the burgeoning requirement for e-learning is actively stimulating the expansion of the course authoring software market.
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What Trends Will Shape the Course Authoring Software Market Through 2029 and Beyond?
Leading corporations in the course authoring software market, such as Coursera Inc., are concentrating on the creation of innovative tools like the Coursera Course Builder to secure a competitive advantage. The Coursera Course Builder is a software powered by Artificial Intelligence (AI) that automatically generates course content, incorporating everything from course layout to descriptions, readings, assignments, and glossaries in response to human authors’ prompts. In March 2024, Coursera Inc. launched this tool, designed to expedite the production of custom private courses on a vast scale. It supports the assembly of unique courses by either drawing modules from respected experts or integrating institution-specific content, offering flexible and personalized learning experiences. Its connection with AI enables users to develop assessments by editing AI-generated questions, ensuring effective evaluation of students.
What Are the Main Segments in the Course Authoring Software Market?
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
Subsegments:
1) By On-Premises: Installed Software Solutions, Local Hosting Options, Customizable On-Premises Platforms, Enterprise-Level Deployments
2) By Cloud-Based: SaaS (Software As A Service) Platforms, Subscription-Based Cloud Solutions, Collaborative Cloud Authoring Tools, Cloud-Hosted Learning Management System (LMS) Integrations
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Which Top Companies are Driving Growth in the Course Authoring Software Market?
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
Which Regions Will Dominate the Course Authoring Software Market Through 2029?
North America was the largest region in the course authoring software market in 2024. 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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