North America Board Management Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Deployment Type, and Application

North America Board Management Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Deployment Type, and Application

  • November 2020 •
  • 122 pages •
  • Report ID: 5999751 •
  • Format: PDF
The board management software market in North America is expected to grow from US$ 1392.3 million in 2019 to US$ 4000.4 million by 2027; it is estimated to grow at a CAGR of 14.9% from 2020 to 2027. With the increasing complexity of regulatory requirements penalties for failure in complying with corporate governance and compliance have also increased. Robust governance is crucial for any organization; thus, companies operating in the highly regulated sectors such as BFSI, healthcare, and automotive adopt advanced technological solutions to monitor governance, and risk and compliance management. The deployment of board management software aids complete visibility into these three activities and offers an automatic professional governance environment through which the board performs its operations proficiently and securely. The software helps companies manage regulatory risks, which, in turn, drives the growth of the North America board management software market.
The cloud segment led the North America board management software market, based on deployment type, in 2019.The cloud-based board management software types enable the users to access the portal on-demand, using the internet.

The cloud-based board management software ensure high service accessibility at low costs.The cloud-based software benefit through easy on-demand scalability and lower upfront investment requirements.

In addition to the developments in the cloud technology, its ability to provide digital access to crucial documents is influencing the growth of the cloud-based board management software market in North America.
The US is the worst-hit country by the COVID-19 pandemic in North America.The continuous growth in the number of infected individuals has led the US government to impose lockdown across nation’s borders.

Owing to the stricter containment measures taken by the government, several organizations have been temporarily shut down, which has been restraining the North America board management software market growth.
The overall North America board management software market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining overview and forecast for the North America board management software market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants typically involved in this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America board management software market. Aprio Inc; Azeus Convene; Boardable Board Management Software, Inc.; BoardBookit, Inc.; BoardPAC Inc.; Diligent Corporation; Governance and Executive Systems, Inc.; NasdaqInc.; Passageways Inc.; Granicus, LLC.; BoardPaq LLC; iCompassTechnlogies; Emerald Data Solutions, Inc.; and Prime Government Solutions Inc. are among the players operating in North America board management software market.
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