Wishing you all the joys of the season! 
Europe Board Management Software Market Forecast to 2031
Europe Board Management Software Market Forecast to 2031 – Regional Analysis – by Deployment (Cloud and On-Premises) and End User (Corporate, Education, Healthcare, Government, and Others)
$2,485 – $3,885
- Description
- Toplines
- Reasons for Buying
- Table of Contents
- List of Tables
- LIst of Figures
- List of Companies
- Reviews (0)
Description
Increasing Enhancement in Security Features Drive Europe Board Management Software Market
As businesses switch to online platforms, the risk of cybercrime rises significantly, making workplace security measures more crucial than ever. Boards need to be aware of security risks posed by both external and internal sources, such as negligent internal staff members and external hackers. To cater to such problems, software developers are continuously working on providing more secure board management software. Similarly, in October 2022, Convene announced the launch of its new Digital Signature Suite, which is specifically designed with powerful features for more secure and faster signing workflows for its board governance clients across the government, private, and non-profit sectors within the GCC region. This complete suite of digital signature tools is compliant with both internal and external regulations. Thus, such innovations by market players can help provide enhanced and secure software. Furthermore, as software helps store sensitive documents automatically in a central, secure location with extra security measures, ensuring that firm information is protected by controlled access and secure central lodging, its demand is accelerating the board management software market growth globally.
Europe Board Management Software Market Overview
Europe is a diverse market with a group of more than 40 countries. Western European countries are more advanced than the Nordic and Eastern European countries, which is a key factor contributing to the high adoption of technological solutions across all industries in the western part of Europe. Economically strong countries such as Germany, the UK, Italy, and Spain have significantly implemented advanced solutions.
The region is witnessing a rise in the digitization in various industries including BFSI. Nearly every notable banking institution in Europe has a digital transformation strategy in place. Offering digital services and goods round the clock and enhancing the customer experience are the main goals of most banking digitalization plans. The importance of having an efficient internal control system and a suitable tone at the top is acknowledged by banks. Thus, the growing digitization in the banking sector is expected to fuel the growth of the board management software market in Europe.
In addition, the demand for cloud-based services is increasing in Europe due to its growing need to reduce costs and simplify IT infrastructure. According to Eurostat, in 2021, ~41% of enterprises in the region incorporated cloud computing. Thus, the growing adoption of cloud-based services is expected to bolster the board management software market growth during the forecast period.
Europe Board Management Software Market Revenue and Forecast to 2031 (US$ Million)
Europe Board Management Software Market Segmentation
The Europe board management software market is categorized into deployment, end user,’ and country.
Based on deployment, the Europe board management software market is bifurcated into cloud and on-premises. The cloud segment held a larger Europe board management software market share in 2023.
In terms of end user, the Europe board management software market is segmented into corporate, education, healthcare, government, and others. The corporate segment held the largest Europe board management software market share in 2023.
By country, the Europe board management software market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. The UK dominated the Europe board management software market share in 2023.
Azeus Convene, Boardable Board Management Software Inc, BoardPAC Inc, Diligent Corporation, Nasdaq Inc, Passageways Inc, and Admincontrol are some of the leading companies operating in the Europe board management software market.
Summary Info
| Industry: | |
|---|---|
| Pricing options: | |
| Geographical coverage: | |
| Year of Publication: |
According toThe Research Team’ research, the Europe board management software market was valued at US$ 979.59 million in 2023 and is expected to reach US$ 1,764.97 million by 2031, registering a CAGR of 7.6% from 2023 to 2031. Continuous product innovation by market players and growing adoption of cloud-based solutions are among the critical factors attributed to drive the Europe board management software market growth.
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.
On the contrary, high cost of software hurdles the growth of Europe board management software market.
Based on deployment, the Europe board management software market is bifurcated into cloud and on-premises. The cloud segment held 67.8% market share in 2023, amassing US$ 664.16 million. It is projected to garner US$ 1,266.93 million by 2031 to register 8.4% CAGR during 2023-2031.
In terms of end user, the Europe board management software market is segmented into corporate, education, healthcare, government, and others. The corporate segment held 47.7% share of Europe board management software market in 2023, amassing US$ 467.50 million. It is anticipated to garner US$ 885.35 million by 2031 to expand at 8.3% CAGR during 2023-2031.
Based on country, the Europe board management software market is categorized into Germany, the UK, France, Italy, Russia, and the Rest of Europe. Our regional analysis states that the UK captured 29.4% share of Europe board management software market in 2023. It was assessed at US$ 287.85 million in 2023 and is likely to hit US$ 581.61 million by 2031, registering a CAGR of 9.2% during 2023-2031.
Key players operating in the Europe board management software market are Azeus Convene, Boardable Board Management Software Inc, BoardPAC Inc, Diligent Corporation, Nasdaq Inc, Passageways Inc, and Admincontrol, among others.
In 2021, BoardBookit announced it has rebranded to Govenda. The new name and brand reflect the company’s expanding vision and growing suite of corporate governance products. The product evolution, from a board portal to a board relationship and compliance management platform, is the driving force behind the rebranding.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Europe board management software market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe board management software market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
1. Introduction
1.1 The Research Team 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. Europe Board Management Software Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain
5. Europe Board Management Software Market – Key Market Dynamics
5.1 Europe Board Management Software Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Growing Awareness Regarding Benefits of Board Management Software
5.2.2 Increasing Enhancement in Security Features
5.3 Market Restraints
5.3.1 High Cost of Software
5.4 Market Opportunities
5.4.1 Continuous Product Innovation by Market Players
5.4.2 Growing Adoption of Cloud-Based Solutions
5.5 Future Trends
5.5.1 Growing Technological Advancement
5.6 Impact of Drivers and Restraints:
6. Board Management Software Market – Europe Market Analysis
6.1 Europe Board Management Software Market Revenue (US$ million), 2021-2031
6.2 Board Management Software Market Forecast Analysis
7. Europe Board Management Software Market Analysis – by Deployment
7.1 Cloud
7.1.1 Overview
7.1.2 Cloud: Europe Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
7.2 On-Premises
7.2.1 Overview
7.2.2 On-Premises: Europe Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
8. Europe Board Management Software Market Analysis – by End User
8.1 Corporate
8.1.1 Overview
8.1.2 Corporate: Europe Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
8.2 Education
8.2.1 Overview
8.2.2 Education: Europe Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
8.3 Healthcare
8.3.1 Overview
8.3.2 Healthcare: Europe Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
8.4 Government
8.4.1 Overview
8.4.2 Government: Europe Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Europe Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
9. Europe Board Management Software Market – Country Analysis
9.1 Europe: Board Management Software Market – Revenue and Forecast Analysis – by Country
9.1.1 Europe: Board Management Software Market – Revenue and Forecast Analysis – by Country
9.1.2 Germany: Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
9.1.2.1 Germany: Board Management Software Market Breakdown, by Deployment
9.1.2.2 Germany: Board Management Software Market Breakdown, by End User
9.1.3 United Kingdom: Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
9.1.3.1 United Kingdom: Board Management Software Market Breakdown, by Deployment
9.1.3.2 United Kingdom: Board Management Software Market Breakdown, by End User
9.1.4 France: Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
9.1.4.1 France: Board Management Software Market Breakdown, by Deployment
9.1.4.2 France: Board Management Software Market Breakdown, by End User
9.1.5 Italy: Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
9.1.5.1 Italy: Board Management Software Market Breakdown, by Deployment
9.1.5.2 Italy: Board Management Software Market Breakdown, by End User
9.1.6 Russia: Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
9.1.6.1 Russia: Board Management Software Market Breakdown, by Deployment
9.1.6.2 Russia: Board Management Software Market Breakdown, by End User
9.1.7 Rest of Europe: Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
9.1.7.1 Rest of Europe: Board Management Software Market Breakdown, by Deployment
9.1.7.2 Rest of Europe: 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
12.7 Admincontrol
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
13. Appendix
13.1 Glossary
13.2 About The Research Team
Table 1. Europe 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. Europe Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by Deployment
Table 5. Europe Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by End User
Table 6. Europe: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by Country
Table 7. Germany: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by Deployment
Table 8. Germany: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by End User
Table 9. United Kingdom: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by Deployment
Table 10. United Kingdom: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by End User
Table 11. France: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by Deployment
Table 12. France: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by End User
Table 13. Italy: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by Deployment
Table 14. Italy: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by End User
Table 15. Russia: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by Deployment
Table 16. Russia: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by End User
Table 17. Rest of Europe: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by Deployment
Table 18. Rest of Europe: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by End User
Table 19. Heat Map Analysis By Key Players
Figure 1. Europe Board Management Software Market segmentation, by Country
Figure 2. Ecosystem Analysis
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Europe Board Management Software Market Revenue (US$ million), 2021-2031
Figure 5. Europe Board Management Software Market Share (%) – by Deployment (2023 and 2031)
Figure 6. Cloud: Europe Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 7. On-Premises: Europe Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 8. Europe Board Management Software Market Share (%) – by End User (2023 and 2031)
Figure 9. Corporate: Europe Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 10. Education: Europe Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 11. Healthcare: Europe Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 12. Government: Europe Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 13. Others: Europe Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 14. Europe: Board Management Software Market Revenue, by Key Countries, (2023) (US$ Mn)
Figure 15. Europe: Board Management Software Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 16. Germany: Board Management Software Market – Revenue and Forecast to 2031(US$ million)
Figure 17. United Kingdom: Board Management Software Market – Revenue and Forecast to 2031(US$ million)
Figure 18. France: Board Management Software Market – Revenue and Forecast to 2031(US$ million)
Figure 19. Italy: Board Management Software Market – Revenue and Forecast to 2031(US$ million)
Figure 20. Russia: Board Management Software Market – Revenue and Forecast to 2031(US$ million)
Figure 21. Rest of Europe: Board Management Software Market – Revenue and Forecast to 2031(US$ million)
Figure 22. Company Positioning & Concentration
The List of Companies – Europe Board Management Software Market
o Azeus Convene
o Boardable Board Management Software, Inc
o BoardPAC Inc.
o Diligent Corporation
o Nasdaq Inc
o Passageways Inc
o Admincontrol
You must be logged in to post a review.
Reviews
There are no reviews yet.