North America 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 North America board management software market was valued at US$ 1,215.38 million in 2023 and is expected to reach US$ 2,398.61 million by 2031; it is estimated to register a CAGR of 8.9% from 2023 to 2031.
Growing Awareness Regarding Benefits of Board Management Software Fuel North America Board Management Software Market
Board management software allows the board members to have access to all the critical data and make smart decisions remotely in real time. Board management software can also help cut down on hours spent preparing minutes of meeting, as all documents can be uploaded to the cloud instead of assembling, printing, and providing hard copies. Administrators can also set up committees, call meetings, ask for votes, make surveys, and share information using board management software. Agendas for meetings can be made once and kept as templates for further use. Board management software can also offer strict controls over who gets access to what information. Administrators have easy access to change profiles, add or remove members, and help with lost passwords. Although a member may be added to many committees, only the select members of the committee have access to secret committee information. Thus, the board management software particularly helps streamline administration, eliminate key pain points, improve communications, increase engagement, and enhance organizational governance.
North America Board Management Software Market Overview
Since the COVID-19 pandemic, various organizations and government bodies in North America have been working remotely. As remote work can help in providing cost reduction benefits, various large companies in the region have continued with remote work culture post pandemic. Thus, the rising demand for remote work is one of the major factors propelling the demand for board management software, as the required members of board meetings can manage their duties for strategic planning and performance reviews at their convenience. Furthermore, the region is witnessing a rise in digitization in the healthcare sector. According to Canada Health Infoway, Canadians are embracing digital health services, and it is also estimated that the demand for digital healthcare services will increase in the coming year. This online survey was conducted in November 2022 with 12,445 Canadians; it showed that 94% of Canadians were interested in accessing digital health services. Thus, growing digitization in the healthcare sector will also lead to the increasing adoption of board management software among board members as they will be able to manage all their duties remotely.
North America Board Management Software Market Revenue and Forecast to 2031 (US$ Million)
North America Board Management Software Market Segmentation
The North America board management software market is categorized into deployment, end user, and country.
Based on deployment, the North America board management software market is bifurcated into cloud and on-premises. The cloud segment held a larger North America board management software market share in 2023.
In terms of end user, the North America board management software market is segmented into corporate, education, healthcare, government, and others. The corporate segment held the largest North America board management software market share in 2023.
By country, the North America board management software market is segmented into the US, Canada, and Mexico. The US dominated the North America board management software market share in 2023.
Aprio Inc, Azeus Convene, Boardable Board Management Software Inc, BoardPAC Inc, BoardPaq LLC, Diligent Corporation, Nasdaq Inc, Passageways Inc, and Govenda are some of the leading companies operating in the North America board management software market.
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. North America Board Management Software Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain
5. North America 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 – North America Market Analysis
6.1 North America Board Management Software Market Revenue (US$ million), 2021–2031
6.2 Board Management Software Market Forecast Analysis
7. North America Board Management Software Market Analysis – by Deployment
7.1 Cloud
7.1.1 Overview
7.1.2 Cloud: North America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
7.2 On-Premises
7.2.1 Overview
7.2.2 On-Premises: North America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
8. North America Board Management Software Market Analysis – by End User
8.1 Corporate
8.1.1 Overview
8.1.2 Corporate: North America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
8.2 Education
8.2.1 Overview
8.2.2 Education: North America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
8.3 Healthcare
8.3.1 Overview
8.3.2 Healthcare: North America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
8.4 Government
8.4.1 Overview
8.4.2 Government: North America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
8.5 Others
8.5.1 Overview
8.5.2 Others: North America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
9. North America Board Management Software Market – Country Analysis
9.1 North America
9.1.1 North America: Board Management Software Market – Revenue and Forecast Analysis – by Country
9.1.1.1 North America: Board Management Software Market – Revenue and Forecast Analysis – by Country
9.1.1.2 United States: Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
9.1.1.2.1 United States: Board Management Software Market Breakdown, by Deployment
9.1.1.2.2 United States: Board Management Software Market Breakdown, by End User
9.1.1.3 Canada: Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
9.1.1.3.1 Canada: Board Management Software Market Breakdown, by Deployment
9.1.1.3.2 Canada: Board Management Software Market Breakdown, by End User
9.1.1.4 Mexico: Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
9.1.1.4.1 Mexico: Board Management Software Market Breakdown, by Deployment
9.1.1.4.2 Mexico: 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 Aprio Inc.
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 Azeus Convene
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 Boardable Board Management Software, 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 BoardPAC Inc.
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 BoardPaq LLC
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 Diligent Corporation.
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
12.7 Nasdaq Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Passageways Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Govenda
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 Glossary
13.2 About The Insight Partners
List of Tables
Table 1. North America 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. North America Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by Deployment
Table 5. North America Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by End User
Table 6. North America: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by Country
Table 7. United States: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by Deployment
Table 8. United States: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by End User
Table 9. Canada: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by Deployment
Table 10. Canada: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by End User
Table 11. Mexico: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by Deployment
Table 12. Mexico: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by End User
Table 13. Heat Map Analysis by Key Players
List of Figures
Figure 1. North America Board Management Software Market segmentation, by Country
Figure 2. Ecosystem Analysis
Figure 3. North America Board Management Software Market – Key Market Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. North America Board Management Software Market Revenue (US$ million), 2021–2031
Figure 6. North America Board Management Software Market Share (%) – by Deployment (2023 and 2031)
Figure 7. Cloud: North America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 8. On-Premises: North America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 9. North America Board Management Software Market Share (%) – by End User (2023 and 2031)
Figure 10. Corporate: North America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 11. Education: North America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 12. Healthcare: North America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 13. Government: North America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 14. Others: North America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 15. North America: Board Management Software Market Revenue, by Key Countries, (2023) (US$ Mn)
Figure 16. North America: Board Management Software Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 17. United States: Board Management Software Market – Revenue and Forecast to 2031(US$ million)
Figure 18. Canada: Board Management Software Market – Revenue and Forecast to 2031(US$ million)
Figure 19. Mexico: Board Management Software Market – Revenue and Forecast to 2031(US$ million)
Figure 20. Company Positioning & Concentration
- Aprio Inc.
- Azeus Convene
- Boardable Board Management Software, Inc
- BoardPAC Inc.
- BoardPaq LLC
- Diligent Corporation
- Nasdaq Inc
- Passageways Inc
- Govenda
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America 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 North America 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 North America market trends and outlook coupled with the factors driving the North America 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.