Asia Pacific Board Management Software Market Forecast to 2031 - Regional Analysis - by Deployment (Cloud and On-Premises) and End User (Corporate, Education, Healthcare, Government, and Others)
The Asia Pacific board management software market was valued at US$ 823.56 million in 2023 and is expected to reach US$ 1,799.78 million by 2031; it is estimated to register a CAGR of 10.3% from 2023 to 2031.
Continuous Product Innovation by Market Players Boost Asia Pacific Board Management Software Market
As board management software helps an organization's board of directors manage their responsibilities regarding strategic planning and performance reviews, its demand is increasing globally. Market players are continuously working on producing more advanced and innovative board management software to cater to the growing demand. A few of the product developments are mentioned below:
In August 2023, BoardPAC announced the launch of its revolutionary AI chat feature QME within its platform. With this introduction, the company will be able to provide board members, company secretaries, and executives with boardroom interactions and enhance the decision-making process.
In June 2023, Azeus Convene announced the release of Convene 7.0, which includes new and improved board portal capabilities designed to increase boardroom efficiency, collaboration, and governance. The goal of the update is to enhance Convene's current core features and advantages while reinventing the meeting experience and enabling better governance. Convene 7.0, which was purposefully created for boards in a variety of sectors, turns meeting difficulties into useful features.
Such innovations and advancements by market players by adding new features and capabilities to the software are expected to boost the growth of the board management software market during the forecast period.
Asia Pacific Board Management Software Market Overview
APAC is witnessing an increase in the adoption of new technologies, which is one of the main factors creating an opportunity for the growth of the board management software market in the region. As board management software provides greater flexibility, real-time data access, and increased efficiency, its adoption in various APAC countries is increasing. Various organizations and government bodies are implementing the software to achieve an effective business process.
Further, the region is witnessing growing digitization in its healthcare sector. The Indian government has come up with various initiatives, such as Ayushman Bharat Digital Mission, Aarogya Setu, e-Sanjeevani, CoWIN App, and e-Hospital, to expand the reach of healthcare facilities and services in the country. These initiatives by the Indian government are expected to bridge the gap among different stakeholders of the healthcare ecosystem through digital highways. Similarly, in March 2022, the Australian government announced an investment of US$ 74.91 million (AUD 107.2 million) to modernize the Australian healthcare system. Thus, the growing number of initiatives for the digitization of the healthcare sector is expected to fuel the growth of the board management software market in APAC.
Asia Pacific Board Management Software Market Revenue and Forecast to 2031 (US$ Million)
Asia Pacific Board Management Software Market Segmentation
The Asia Pacific board management software market is categorized into deployment, end user, and country.
Based on deployment, the Asia Pacific board management software market is bifurcated into cloud and on-premises. The cloud segment held a larger Asia Pacific board management software market share in 2023.
In terms of end user, the Asia Pacific board management software market is segmented into corporate, education, healthcare, government, and others. The corporate segment held the largest Asia Pacific board management software market share in 2023.
By country, the Asia Pacific board management software market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific board management software market share in 2023.
Azeus Convene; Boardable Board Management Software, Inc; BoardPAC Inc; Diligent Corporation; Nasdaq Inc; and Passageways Inc are some of the leading companies operating in the Asia Pacific board management software market.
TABLE OF CONTENTS
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Board Management Software Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain
5. Asia Pacific Board Management Software Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Awareness Regarding Benefits of Board Management Software
5.1.2 Increasing Enhancement in Security Features
5.2 Market Restraints
5.2.1 High Cost of Software
5.3 Market Opportunities
5.3.1 Continuous Product Innovation by Market Players
5.3.2 Growing Adoption of Cloud-Based Solutions
5.4 Future Trends
5.4.1 Growing Technological Advancement
5.5 Impact of Drivers and Restraints:
6. Board Management Software Market - Asia Pacific Market Analysis
6.1 Asia Pacific Board Management Software Market Revenue (US$ million), 2021-2031
6.2 Board Management Software Market Forecast Analysis
7. Asia Pacific Board Management Software Market Analysis by Deployment
7.1 Cloud
7.1.1 Overview
7.1.2 Cloud: Asia Pacific Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
7.2 On-Premises
7.2.1 Overview
7.2.2 On-Premises: Asia Pacific Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
8. Asia Pacific Board Management Software Market Analysis by End User
8.1 Corporate
8.1.1 Overview
8.1.2 Corporate: Asia Pacific Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
8.2 Education
8.2.1 Overview
8.2.2 Education: Asia Pacific Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
8.3 Healthcare
8.3.1 Overview
8.3.2 Healthcare: Asia Pacific Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
8.4 Government
8.4.1 Overview
8.4.2 Government: Asia Pacific Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Asia Pacific Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
9. Asia Pacific Board Management Software Market - Country Analysis
9.1 Asia Pacific
9.1.1 Asia Pacific: Board Management Software Market - Revenue and Forecast Analysis - by Country
9.1.1.1 Asia Pacific: Board Management Software Market - Revenue and Forecast Analysis - by Country
9.1.1.2 China: Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
9.1.1.2.1 China: Board Management Software Market Breakdown, by Deployment
9.1.1.2.2 China: Board Management Software Market Breakdown, by End User
9.1.1.3 Japan: Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
9.1.1.3.1 Japan: Board Management Software Market Breakdown, by Deployment
9.1.1.3.2 Japan: Board Management Software Market Breakdown, by End User
9.1.1.4 India: Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
9.1.1.4.1 India: Board Management Software Market Breakdown, by Deployment
9.1.1.4.2 India: Board Management Software Market Breakdown, by End User
9.1.1.5 Australia: Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
9.1.1.5.1 Australia: Board Management Software Market Breakdown, by Deployment
9.1.1.5.2 Australia: Board Management Software Market Breakdown, by End User
9.1.1.6 South Korea: Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
9.1.1.6.1 South Korea: Board Management Software Market Breakdown, by Deployment
9.1.1.6.2 South Korea: Board Management Software Market Breakdown, by End User
9.1.1.7 Rest of APAC: Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
9.1.1.7.1 Rest of APAC: Board Management Software Market Breakdown, by Deployment
9.1.1.7.2 Rest of APAC: Board Management Software Market Breakdown, by End User
10. Competitive Landscape
10.1 Heat Map Analysis By Key Players
10.2 Company Positioning & Concentration
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Azeus Convene
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Boardable Board Management Software, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 BoardPAC Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Diligent Corporation.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Nasdaq Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Passageways Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 Glossary
13.2 About The Insight Partners
List of Tables
Table 1. Asia Pacific Board Management Software Market segmentation
Table 2. List of Vendors
Table 3. Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
Table 4. Asia Pacific Board Management Software Market - Revenue and Forecast to 2031 (US$ million) - by Deployment
Table 5. Asia Pacific Board Management Software Market - Revenue and Forecast to 2031 (US$ million) - by End User
Table 6. Asia Pacific: Board Management Software Market - Revenue and Forecast to 2031 (US$ million) - by Country
Table 7. China: Board Management Software Market - Revenue and Forecast to 2031 (US$ million) - by Deployment
Table 8. China: Board Management Software Market - Revenue and Forecast to 2031 (US$ million) - by End User
Table 9. Japan: Board Management Software Market - Revenue and Forecast to 2031 (US$ million) - by Deployment
Table 10. Japan: Board Management Software Market - Revenue and Forecast to 2031 (US$ million) - by End User
Table 11. India: Board Management Software Market - Revenue and Forecast to 2031 (US$ million) - by Deployment
Table 12. India: Board Management Software Market - Revenue and Forecast to 2031 (US$ million) - by End User
Table 13. Australia: Board Management Software Market - Revenue and Forecast to 2031 (US$ million) - by Deployment
Table 14. Australia: Board Management Software Market - Revenue and Forecast to 2031 (US$ million) - by End User
Table 15. South Korea: Board Management Software Market - Revenue and Forecast to 2031 (US$ million) - by Deployment
Table 16. South Korea: Board Management Software Market - Revenue and Forecast to 2031 (US$ million) - by End User
Table 17. Rest of APAC: Board Management Software Market - Revenue and Forecast to 2031 (US$ million) - by Deployment
Table 18. Rest of APAC: Board Management Software Market - Revenue and Forecast to 2031 (US$ million) - by End User
Table 19. Heat Map Analysis By Key Players
List of Figures
Figure 1. Asia Pacific Board Management Software Market segmentation, by Country
Figure 2. Ecosystem Analysis
Figure 3. Asia Pacific Board Management Software Market - Key Market Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Asia Pacific Board Management Software Market Revenue (US$ million), 2021-2031
Figure 6. Asia Pacific Board Management Software Market Share (%) - by Deployment (2023 and 2031)
Figure 7. Cloud: Asia Pacific Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
Figure 8. On-Premises: Asia Pacific Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
Figure 9. Asia Pacific Board Management Software Market Share (%) - by End User (2023 and 2031)
Figure 10. Corporate: Asia Pacific Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
Figure 11. Education: Asia Pacific Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
Figure 12. Healthcare: Asia Pacific Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
Figure 13. Government: Asia Pacific Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
Figure 14. Others: Asia Pacific Board Management Software Market - Revenue and Forecast to 2031 (US$ million)
Figure 15. Asia Pacific: Board Management Software Market Revenue, by Key Countries, (2023) (US$ Mn)
Figure 16. Asia Pacific: Board Management Software Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 17. China: Board Management Software Market - Revenue and Forecast to 2031(US$ million)
Figure 18. Japan: Board Management Software Market - Revenue and Forecast to 2031(US$ million)
Figure 19. India: Board Management Software Market - Revenue and Forecast to 2031(US$ million)
Figure 20. Australia: Board Management Software Market - Revenue and Forecast to 2031(US$ million)
Figure 21. South Korea: Board Management Software Market - Revenue and Forecast to 2031(US$ million)
Figure 22. Rest of APAC: Board Management Software Market - Revenue and Forecast to 2031(US$ million)
Figure 23. Company Positioning & Concentration
- Azeus Convene
- Boardable Board Management Software, Inc
- BoardPAC Inc.
- Diligent Corporation
- Nasdaq Inc
- Passageways Inc
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific board management software market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific board management software market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific board management software market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.