An authoring tool is a software that aids in the production of e-Learning and other digital content. The tool is also known as Authorware. These tools allow users to write text in multimedia and hypertext applications. It is used for creating a final application by linking together song, text, video, etc. The main aim of an authoring tool is to make the content more effective and simple, which results in saving time for the reader. Most authoring environments and packages include tools for editing, creating, and transforming the various forms of media application. For example, Macro Flash includes a bundle of tools for sound editing. This removes the need to purchase additional tools for sound editing.
MARKET SCOPE
The "Global Collaborative authoring tool market Analysis to 2028" is a specialized and in-depth study of the Collaborative authoring tool market with a special focus on the global market trend analysis. The report aims to provide an overview of the Collaborative authoring tool market with detailed market segmentation by deployment, component, application, type, and geography. The global Collaborative authoring tool market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Collaborative authoring tool market players and offers key trends and opportunities in the Collaborative authoring tool market.
MARKET SEGMENTATION
- The global Collaborative authoring tool market is segmented on the basis of deployment, component, application, and type.
- On the basis of deployment, the market is segmented as cloud-based, on-premise.
- On the basis of component, the market is segmented as large enterprises, and SMEs.
- On the basis of application, the market is segmented as web conferencing, e-mail server, instant messaging, others.
- On the basis of type, the market is segmented as website authoring tools, multimedia authoring tools.
MARKET DYNAMICS
Drivers:
- Growing adoption of E-learning.
- he rising internet penetration has fuelled the trend of online studies and degrees.
Restraints:
- Lack of awareness and lack of technical workforce in developing economies.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Collaborative authoring tool market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Collaborative authoring tool market in these regions.
IMPACT OF COVID-19 ON COLLABORATIVE AUTHORING TOOL MARKET
In this pandemic situation, all businesses shifted to a work from home model and all the traditional learning shifted to online learning. As a result, it increased the integration of software solutions in an organization. The software allows an organization to track the performance of employees in the work from home model. This is projected to increase the demand for authoring tools in the coming years.
MARKET PLAYERS
The report covers key developments in the Collaborative authoring tool market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from collaborative authoring tool market are anticipated to lucrative growth opportunities in the future with the rising demand for the Collaborative authoring tool market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Collaborative authoring tool market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Articulate
- Adobe, Inc.
- Kenexa LCMS
- Elucidat
- Easygenerator
- CrossKnowledge Mo hive
- Infor ContentCreator
- AppDynamics
- SmartBear Software
- iSpring