Analysis - by Deployment Type (Cloud and On Premises), Enterprise Size (Large Enterprises and SMEs), and Application (Corporate, Healthcare, Government, and Others)
No. of Pages:
81
|
Report Code:
BMIRE00031018
|
Category:
Technology, Media and Telecommunications
The North America meeting management software market was valued at US$ 1,382.52 million in 2023 and is expected to reach US$ 3,142.14 million by 2031; it is estimated to record a CAGR of 10.8% from 2023 to 2031.
Increasing Demand for Virtual Meetings Fuels North America Meeting Management Software Market
Virtual meetings have become an important aspect of modern business operations, enabling individuals to engage in meetings regardless of their geographic locations. They offer a swift and cost-effective means of uniting individuals at different physical distances, facilitating seamless long-distance communication. The ease of remote communication has led to a preference for participating in group meetings via phone rather than in person, highlighting the growing prevalence of virtual meetings-which are more accessible and affordable. Moreover, virtual meetings serve as an effective platform for hosting live meetings and sales presentations. The growing popularity of virtual meetings highlights the increased adoption of online collaboration tools as well as signifies a shift in the way business interactions are conducted. The growing need for virtual meetings is driven by various factors that are shaping the market and influencing the adoption of meeting management software worldwide. The demand for software facilitating virtual meetings is expected to increase as companies focus on international business expansion and enhanced workforce management. Moreover, the impact of the COVID-19 crisis has played a major role in boosting the adoption of virtual events and meeting tools, fueled by digitization trends, remote work policies, and the growing need for cost-effective communication solutions. For instance, according to a report on "State of Meeting 2020" by Doodle in 2021, virtual one-on-one meetings increased by 1,230% from January 2020 to December 2020, and virtual group meetings grew by ~613% in 2020. This has led to a surge in demand for virtual meetings, making them an essential component in the current business landscape. For instance, according to a survey by Harvard Business Review in 2022, the number of meetings attended by a worker on average rose by 13.5% during the pandemic when a majority of employees were working remotely. Further, Buffer Inc. conducted a survey of approximately 2,000 remote workers worldwide, out of which 61% of workers stated that the number of meetings has increased as a result of remote work after the onset of the pandemic. Thus, the increasing demand for virtual meetings drives the meeting management software market.
North America Organoids Market Overview
The rise in the adoption of meeting management software in various sectors, such as corporate, BFSI, education, government, and healthcare, is driving the meeting management market in the US. Major players are deploying virtual meeting solutions with advanced technology such as AI, ML, and cloud to enhance products and deliver optimum solutions. Several statistics related to remote working in the US highlight the need for meeting management software. For instance, in December 2023, FlexJobs, a prominent career service specializing in remote and hybrid work, unveiled the 2024 Remote Work Stats & Trends Report. This comprehensive report delves into the latest data, statistics, and insights surrounding the state of remote work, revealing that a majority of individuals are seeking fully remote (51%) or hybrid (46%) job opportunities. The report underscores the growing importance of flexibility in the future of work, further boosting the demand for meeting management software in the US.
North America Organoids Market Revenue and Forecast to 2031 (US$ Million)
Get more information on this report
North America Meeting Management Software Strategic Insights
Strategic insights for the North America Meeting Management 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.
Get more information on this report
North America Meeting Management Software Report Scope
Report Attribute
Details
Market size in 2023
US$ 1,382.52 Million
Market Size by 2031
US$ 3,142.14 Million
Global CAGR (2023 - 2031)
10.8%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Deployment Type
Cloud
On Premises
By Enterprise Size
Large Enterprises
SMEs
By Application
Corporate
Healthcare
Government
Regions and Countries Covered
North America
US
Canada
Mexico
Market leaders and key company profiles
Cisco Systems, Inc
Intelex Technologies Inc
Cvent Inc
Fellow Insights, Inc
Avoma, Inc.
Televic
Tyler Technologies, Inc
Granicus, LLC
Decisions
MatchWare.com
Get more information on this report
North America Meeting Management Software Regional Insights
The geographic scope of the North America Meeting Management 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.
Get more information on this report
North America Organoids Market Segmentation
The North America meeting management software market is segmented based on deployment type, enterprise size, application, and country. Based on deployment type, the North America meeting management software market is segmented into cloud and on premises. The cloud segment held a larger market share in 2023.
In terms of enterprise size, the North America meeting management software market is segmented into large enterprises and SMEs. The large enterprises segment held a larger market share in 2023.
By application, the North America meeting management software market is bifurcated into corporate, healthcare, government, and others. The corporate segment held the largest market share in 2023.
Based on country, the North America meeting management software market is segmented into the US, Canada, and Mexico. The US dominated the North America meeting management software market share in 2023.
Cisco Systems, Inc; Intelex Technologies Inc; Cvent Inc; Fellow Insights, Inc; Avoma, Inc.; Televic; Tyler Technologies, Inc; Granicus, LLC; Decisions; and MatchWare.com are some of the leading players operating in the North America meeting management software market.
Identical Market Reports with other Region/Countries
The List of Companies - North America Meeting Management Software Market
Cisco Systems, Inc
Intelex Technologies Inc
Cvent Inc
Fellow Insights, Inc
Avoma, Inc.
Televic
Tyler Technologies, Inc
Granicus, LLC
Decisions
MatchWare.com
Frequently Asked Questions
How big is the North America Meeting Management Software Market?
The North America Meeting Management Software Market is valued at US$ 1,382.52 Million in 2023, it is projected to reach US$ 3,142.14 Million by 2031.
What is the CAGR for North America Meeting Management Software Market by (2023 - 2031)?
As per our report North America Meeting Management Software Market, the market size is valued at US$ 1,382.52 Million in 2023, projecting it to reach US$ 3,142.14 Million by 2031. This translates to a CAGR of approximately 10.8% during the forecast period.
What segments are covered in this report?
The North America Meeting Management Software Market report typically cover these key segments-
Deployment Type (Cloud, On Premises)
Enterprise Size (Large Enterprises, SMEs)
Application (Corporate, Healthcare, Government)
What is the historic period, base year, and forecast period taken for North America Meeting Management 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 Meeting Management Software Market report:
Historic Period : 2021-2022
Base Year : 2023
Forecast Period : 2024-2031
Who are the major players in North America Meeting Management Software Market?
The North America Meeting Management Software Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Cisco Systems, Inc
Intelex Technologies Inc
Cvent Inc
Fellow Insights, Inc
Avoma, Inc.
Televic
Tyler Technologies, Inc
Granicus, LLC
Decisions
MatchWare.com
Who should buy this report?
The North America Meeting Management 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 Meeting Management Software Market value chain can benefit from the information contained in a comprehensive market report.
Get Free Sample For North America Meeting Management Software Market
1. Complete the form
2. Check your inbox (and spam/junk folder)
3. Your Personal Data is Secure with us
GDPR + CCPA Compliant
Personal & transactional information is kept safe from unauthorized use.
WHAT'S INCLUDED IN FULL REPORT : Market Dynamics,
Competitive Analysis and Assessment, Define Business Strategies, Market Outlook and
Trends, Market Size and Share Analysis, Growth Driving Factors, Future Commercial
Potential, Identify Regional Growth Engines