Knowledge Management Software (KMS) Market 2019 – 2023: Business Profit Growth Analysis, Size, Share, Segments and Global Trends
Global Knowledge Management Software Market is expected to grow at USD ~33 Billion by 2023, at ~12% of CAGR between 2017 and 2023 and Knowledge Management Software Market, By Type (Mobile – Android Native, Mobile – iOS Native)
Pune, India – September 9, 2019 /MarketersMedia/ —
Knowledge Management Software Market Scenario:
The high adoption of knowledge management software across different business verticals due to its ability for effective identification, capturing, evaluation, retrieving, and sharing information can surge the global knowledge management software market, reveals Market Research Future (MRFR).
MRFR asserts that the global Knowledge Management Software Market can strike a CAGR of approximately 12% over the forecast period (2016-2023) and touch a valuation of about USD 33 billion by 2023.
Major Key Players:
MRFR enlisted some of the major companies which are operating in the global knowledge management software market. They are; MangoApps Inc. (U.S.), Freshworks Inc. (U.S.), Bitrix, Inc. (U.S.), Yonyx Inc. (U.S.), EduBrite Systems Inc. (U.S.), Atlassian Corporation Plc (Australia), Lucidea (Canada), ProProfs (U.S.), eXo Platform (U.S.), Callidus Software Inc. (U.S.), and others.
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Industry News:
July 2019
Unymira, a segment of USU, the largest provider of IT and knowledge management software in Europe, announced the launch of Knowledge Center Version 7.0. It is an active knowledge management platform designed to support the workflows of real-life contact centers.
Market Highlights:
The need for effective data handling and sharing of information across multiple business verticals is likely to boost the knowledge management software market growth. The surging demand for delivering target-specific information as it helps in effective decision making in a business is likely to intensify the global knowledge management market growth.
Knowledge management software allows in enhanced content creation and offers better management solutions. The accuracy, consistency, and feasibility of handling data by knowledge management software are likely to promote the growth of the global market. However, lack of professionals for operating such sophisticated technology can interfere with the growth of the global knowledge management software market growth.
Segmental Overview:
The global knowledge management software market study has been segmented on the basis of deployment, type, organization, and end-user.
• Based on the type, the global knowledge management software market has been segmented into Mobile – iOS Native, Mobile – Android Native, and others. The high sales number of mobile is expected to intensify the growth of the global knowledge management software market growth.
• Based on the deployment, the global knowledge management software market has been segmented into on-premises, hybrid, cloud, and others. The cloud segment is expected to expand with the highest CAGR over the review period.
• Based on the organization, the global knowledge management software market has been segmented into Large Scales Enterprise and Small & Medium Scale Enterprise
• Based on the end-user, the global knowledge management software market has been segmented into Government and defense, BFSI, Manufacturing, IT & Telecommunication, Pharmaceuticals, and others.
Regional Outlook
By region, the knowledge management software market has been analyzed across North America. Asia Pacific, Europe, and the Rest of the World (RoW).
The North American knowledge management market is expected to hold the maximum share of the market. Well-built technical infrastructure and high adoption rate of new technology are the two factors that are likely to cast a positive impact on the North American knowledge management software market growth. In Europe, due to high investment in research and developmental activities by the government encouraging innovations is likely to promote the growth of the knowledge management software market.
MRFR identified that North America, followed by Europe, is expected to register a healthy CAGR over the forecast period. The presence of better service industry in Europe is likely to drive the growth of the regional market over the review period. In the Asia Pacific region, the knowledge management software is likely to generate high revenue over the forecast period. Emerging economies like India, China, and Japan are expected to exhibit a robust growth of the knowledge management software market in the upcoming years
Table of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure:
1.3.1 Global Knowledge Management Software Market: By Types
1.3.2 Global Knowledge Management Software Market: By Deployment Type
1.3.3 Global Knowledge Management Software Market: By Organization Type
1.3.4 Global Knowledge Management Software Market: By End User
1.3.5 Global Knowledge Management Software Market: By Region
Continued….
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List of Tables
Table 1 Knowledge Management Software Market, By Type
Table 2 Knowledge Management Software Market, By Deployment Type
Table 3 Knowledge Management Software Market, By Organization Type
Continued….
List of Figures
Figure 1 Research Methodology
Figure 2 Knowledge Management Software Market: By Type (%)
Figure 3 Knowledge Management Software Market: By Deployment Type (%)
Continued….
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