South & Central America Board Management Software Market Forecast to 2031

At 6.0% CAGR, South & Central America Board Management Software Market is Speculated to be Worth US$ 224.37 Million by 2031, says The Research Team

According toThe Research Team’ research, the South & Central America board management software market was valued at US$ 140.47 million in 2023 and is expected to reach US$ 224.37 million by 2031, registering a CAGR of 6.0% from 2023 to 2031. Growing technological advancement and growing adoption of cloud-based solutions are among the critical factors attributed to drive the South & Central America board management software market growth.

Artificial intelligence (AI) dramatically impacts many elements of corporate operations as it develops. Its inclusion in the board management software may aid in improving its functions further. Boards can gain greater insights into risk concerns, market trends, and business performance with the help of AI-powered data analytics technologies. AI systems are able to spot patterns and connections in real-time data sets that human decision-makers could miss. This enables boards to make better decisions, reduce risks, and capitalize on new opportunities. Routine board procedures, including agenda preparation, document management, and meeting scheduling, can be automated and streamlined by technology. Further, natural language processing-enabled virtual assistants can manage action items, send reminders, and help with board member communication, all of which increase productivity and efficiency. Additionally, the integration of Blockchain technology allows for the nearly instantaneous verification of whether financial statements and corporate accounts adhere to the necessary accounting standards. As a result, the board will no longer be responsible for reporting, compliance, and auditing. With all the above benefits of the integration of AI and blockchain in the board management software, it is expected that the adoption of board management software powered by AI is expected to increase globally.

On the contrary, high cost of software hampers the growth of South & Central America board management software market.

Based on deployment, the South & Central America board management software market is bifurcated into cloud and on-premises. The cloud segment held 56.2% market share in 2023, amassing US$ 78.92 million. It is projected to garner US$ 136.68 million by 2031 to register 7.1% CAGR during 2023-2031.

In terms of end user, the South & Central America board management software market is segmented into corporate, education, healthcare, government, and others. The corporate segment held 60.7% share of South & Central America board management software market in 2023, amassing US$ 85.23 million. It is anticipated to garner US$ 140.89 million by 2031 to expand at 6.5% CAGR during 2023-2031.

Based on country, the South & Central America board management software market is categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 71.2% share of South & Central America board management software market in 2023. It was assessed at US$ 100.03 million in 2023 and is likely to hit US$ 166.66 million by 2031, registering a CAGR of 6.6% during 2023-2031.

Key players operating in the South & Central America board management software market are Azeus Convene, Boardable Board Management Software Inc, BoardPAC Inc, Diligent Corporation, and Passageways Inc, 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 Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America board management software market.
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 South & Central America 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 South & Central America market trends and outlook coupled with the factors driving the South & Central America 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.

TABLE OF CONTENTS

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. South & Central America Board Management Software Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain
5. South & Central 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 – South & Central America Market Analysis
6.1 South & Central America Board Management Software Market Revenue (US$ million), 2021-2031
6.2 Board Management Software Market Forecast Analysis
7. South & Central America Board Management Software Market Analysis – by Deployment
7.1 Cloud
7.1.1 Overview
7.1.2 Cloud: South & Central 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: South & Central America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
8. South & Central America Board Management Software Market Analysis – by End User
8.1 Corporate
8.1.1 Overview
8.1.2 Corporate: South & Central America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
8.2 Education
8.2.1 Overview
8.2.2 Education: South & Central America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
8.3 Healthcare
8.3.1 Overview
8.3.2 Healthcare: South & Central America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
8.4 Government
8.4.1 Overview
8.4.2 Government: South & Central America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
8.5 Others
8.5.1 Overview
8.5.2 Others: South & Central America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
9. South & Central America Board Management Software Market – Country Analysis
9.1 South & Central America
9.1.1 South & Central America: Board Management Software Market Breakdown, by Key Countries, 2023 and 2031 (%)
9.1.1.1 South & Central America: Board Management Software Market – Revenue and Forecast Analysis – by Country
9.1.1.2 Brazil: Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
9.1.1.2.1 Brazil: Board Management Software Market Breakdown, by Deployment
9.1.1.2.2 Brazil: Board Management Software Market Breakdown, by End User
9.1.1.3 Argentina: Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
9.1.1.3.1 Argentina: Board Management Software Market Breakdown, by Deployment
9.1.1.3.2 Argentina: Board Management Software Market Breakdown, by End User
9.1.1.4 Rest of South & Central America: Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
9.1.1.4.1 Rest of South & Central America: Board Management Software Market Breakdown, by Deployment
9.1.1.4.2 Rest of South & Central America: 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
13. Appendix
13.1 Glossary
13.2 About The Research Team

LIST OF TABLES

Table 1. South & Central 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. South & Central America Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by Deployment
Table 5. South & Central America Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by End User
Table 6. South & Central America: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by Country
Table 7. Brazil: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by Deployment
Table 8. Brazil: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by End User
Table 9. Argentina: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by Deployment
Table 10. Argentina: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by End User
Table 11. Rest of South & Central America: Board Management Software Market – Revenue and Forecast to 2031 (US$ million) – by Deployment
Table 12. Rest of South & Central America: 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. South & Central America Board Management Software Market segmentation, by Country
Figure 2. Ecosystem Analysis
Figure 3. South & Central America Board Management Software Market – Key Market Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. South & Central America Board Management Software Market Revenue (US$ million), 2021-2031
Figure 6. South & Central America Board Management Software Market Share (%) – by Deployment (2023 and 2031)
Figure 7. Cloud: South & Central America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 8. On-Premises: South & Central America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 9. South & Central America Board Management Software Market Share (%) – by End User (2023 and 2031)
Figure 10. Corporate: South & Central America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 11. Education: South & Central America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 12. Healthcare: South & Central America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 13. Government: South & Central America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 14. Others: South & Central America Board Management Software Market – Revenue and Forecast to 2031 (US$ million)
Figure 15. South & Central America: Board Management Software Market Revenue, by Key Countries, (2023) (US$ Mn)
Figure 16. South & Central America: Board Management Software Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 17. Brazil: Board Management Software Market – Revenue and Forecast to 2031(US$ million)
Figure 18. Argentina: Board Management Software Market – Revenue and Forecast to 2031(US$ million)
Figure 19. Rest of South & Central America: Board Management Software Market – Revenue and Forecast to 2031 (US$ million)