Product Type (Cloud-based, On-premises)
The cloud-based segment in the e-learning authoring tools software market is estimated to gain a robust revenue share of 68% in the coming years owing to the improved data protection and security for user data that is managed and stored by the software. The data is stored on secured and remote servers and can ensure greater privacy and security from data breaches and losses. According to a survey by Netwrix in March 2022, more than 720 IT professionals were surveyed all over the globe using online questionnaires, and about 80% of the organization's data is stored in cloud-based storage.
Deployment (Subscription, One-time)
The subscription segment in the e-learning authoring tools software market is set to garner a notable share shortly and is likely to remain the second largest segment in the application of the market as with a subscription-based model, the liability for the software and its maintenance and support is on the provider, which can reduce the risk and responsibility of the subscribers, who need only to focus on the actual utilization of the software. Subscription-based models often provide a more straightforward mechanism for scaling up or down the resources, as they can be acquired on demand and paid every month. This can enable subscribers to respond easily to changing requirements and needs without incurring a big cost.
End-user (Organizations, Individual)
The organization segment is set to garner a notable share shortly and is likely to remain the second largest segment in the end-user segment of the e-learning authoring tools software market as it creates the base for e-learning authoring tools software systems. With the growing demand for remote work and the requirement for more flexible education solutions for businesses, there has been a shift toward virtual and hybrid education.
Our in-depth analysis of the global e-learning authoring tools software market includes the following segments:
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Author Credits: Abhishek Verma
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