North America Funeral Home Software Market

Historic Data: 2017-2018   |   Base Year: 2019   |   Forecast Period: 2020-2027

Analysis By Deployment Type (Cloud and On-Premise) and Organization Size (Large Enterprises and SMEs)


No. of Pages: 80    |    Report Code: TIPRE00015465    |    Category: Technology, Media and Telecommunications

North America Funeral Home Software Market
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Market Introduction

Funeral home software helps in the scheduling of funeral sessions with clients. The customers are offered an online portal through which they can request services and give details about the death people in his/her family. The increase in funeral home software usage in cemeteries, crematories, mortuaries, and funeral homes is also one of the major factors driving the market growth. Altogether, funeral home software helps in resource scheduling, credit card payment processing, work order management, case note creation, and custom form generation. Moreover, funeral home software simplifies the accounting and reporting processes by keeping track of the total expenditure has been spent. The software also send issuing billing statements, reminders for past-due accounts, and automatically calculates taxes and interest. Moreover, the entries that has been made can be transferred from the accounts receivable system to their general ledger systems without re-typing. Thus, it keeps the user up to date with live reports on all aspects of the funeral home and saves a lot of time from filling out forms and certificates, as the entries automatically get generated. Therefore, the user has to enter data only once. The growing popularity of remembrance suite includes memorial videos, stationery products, Portraits of Life, 3D-printed urns, etc. are also expected to propel the market growth in the coming years. Thus, the rising adoption of integrated management platform is expected to create a significant demand for funeral home software in the coming years, which is further anticipated to drive the North America funeral home software market.  

The huge increase in the number of COVID-19 confirmed cases and rising reported deaths in the country has led to demand for advanced funeral home software solutions due to significant restrictions on funerals. North America region is home to a large number of funeral home corporations, and thus the impact of coronavirus outbreak is anticipated to be positive in the current scenario.



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North America Funeral Home Software Strategic Insights

Strategic insights for the North America Funeral Home Software provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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North America Funeral Home Software Report Scope

Report Attribute Details
Market size in 2019 US$ 117.50 Million
Market Size by 2027 US$ 321.85 Million
Global CAGR (2020 - 2027) 13.6%
Historical Data 2017-2018
Forecast period 2020-2027
Segments Covered By Deployment Type
  • Cloud and On-Premise
By Organization Size
  • Large Enterprises and SMEs
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • CR
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    North America Funeral Home Software Regional Insights

    The geographic scope of the North America Funeral Home Software refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Market Overview and Dynamics

    The funeral home software market in North America is expected to grow from US$ 117.50 million in 2019 to US$ 321.85 million by 2027; it is estimated to grow at a CAGR of 13.6% from 2020 to 2027. According to customer needs, several start-ups in developing countries offer customized and professional end-to-end funeral management software. Several untapped and highly unorganized markets provide significant opportunities for startups to grow. This growing trend is expected to positively impact the North America funeral home software market in the coming years. Furthermore, increasing use of new technologies is recognized as one of the significant market trends for funeral home software. For example, block chain technology's increased use significantly enhances services, such as transportation, formal arrangement, prayers, and counseling. Moreover, The Funeral Care Foundation provides a decentralized block chain based platform that collects and shares structured data, thus, providing cost transparency and personal recommendations to enhance customer satisfaction. This is bolstering the growth of the North America funeral home software market.

     

    Key Market Segments

    In terms of deployment type, the cloud segment accounted for the largest share of the North America funeral home software market in 2019. Similarly, the small and medium-sized enterprises (SMEs) segment held a larger share of the funeral home software market based on organization size in 2019.

     

    Major Sources and Companies Listed

    A few major primary and secondary sources referred to for preparing this report on the funeral home software market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are CRäKN, LLC; FrontRunner Professional; Funeraltech; Halcyon; Osiris Software (Funeral Director’s); SRS Computing; Aldor Solutions; and Continental Computers, Inc. among others.


     

    Reasons to buy report

    • To understand the North America funeral home software market landscape and identify market segments that are most likely to guarantee a strong return
    • Stay ahead of the race by comprehending the ever-changing competitive landscape for North America funeral home software market
    • Efficiently plan M&A and partnership deals in North America funeral home software market by identifying market segments with the most promising probable sales
    • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America funeral home software market
    • Obtain market revenue forecast for funeral home software market by various segments from 2020 to 2027 in North America region.

     

    North America Funeral Home Software Market Segmentation

    North America Funeral Home Software Market - By Deployment Type

    • Cloud
    • On-Premise

    North America Funeral Home Software Market - By

    Organization Size

    • Large Enterprises
    • SMEs

    North America Funeral Home Software Market - By Country

    • US
    • Canada
    • Mexico

    North America Funeral Home Software Market - Company Profiles

    • CRäKN, LLC
    • FrontRunner Professional
    • Funeraltech
    • Halcyon
    • Osiris Software (Funeral Director’s)
    • SRS Computing
    • Aldor Solutions
    • Continental Computers, Inc.

    The List of Companies - North America Funeral Home Software Market

    1. CRäKN, LLC
    2. FrontRunner Professional
    3. Funeraltech
    4. Halcyon
    5. Osiris Software (Funeral Director’s)
    6. SRS Computing
    7. Aldor Solutions
    8. Continental Computers, Inc.

     

    Frequently Asked Questions
    How big is the North America Funeral Home Software Market?

    The North America Funeral Home Software Market is valued at US$ 117.50 Million in 2019, it is projected to reach US$ 321.85 Million by 2027.

    What is the CAGR for North America Funeral Home Software Market by (2020 - 2027)?

    As per our report North America Funeral Home Software Market, the market size is valued at US$ 117.50 Million in 2019, projecting it to reach US$ 321.85 Million by 2027. This translates to a CAGR of approximately 13.6% during the forecast period.

    What segments are covered in this report?

    The North America Funeral Home Software Market report typically cover these key segments-

    • Deployment Type (Cloud and On-Premise)
    • Organization Size (Large Enterprises and SMEs)

    What is the historic period, base year, and forecast period taken for North America Funeral Home Software Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Funeral Home Software Market report:

  • Historic Period : 2017-2018
  • Base Year : 2019
  • Forecast Period : 2020-2027
  • Who are the major players in North America Funeral Home Software Market?

    The North America Funeral Home Software Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • CR
  • Who should buy this report?

    The North America Funeral Home Software Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the North America Funeral Home Software Market value chain can benefit from the information contained in a comprehensive market report.

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