About Mentoring Software
Mentoring software is software that helps in mentoring services. Mentoring is a professional relationship in which an experienced or knowledgeable person assists another less experienced or less knowledgeable person to develop specific skills and knowledge. Mentoring software allows users to start, manage and measure the effectiveness of the mentoring program. The factors such as Growth in the Online Education Sector and Increased Adoption of the Software are driving the global mentoring software market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The competitive landscape is characterized by ongoing product innovation, strategic partnerships, and acquisitions aimed at expanding market presence and meeting evolving customer needs. As the demand for Mentoring Software continues to grow, competition among market players is expected to intensify, driving further innovation and advancements in the field. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Mentoring Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
MentorCity (Canada), Graduway (United Kingdom), MentorcliQ (United States), Chronus (United States), Mentorloop (Australia), Together (Canada), Mentorink (United States), SfG Software (United Kingdom) and eMentorConnect LLC (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Qooper (United States), MentorMe (Germany), Wisdom Share Software (United States), eWebLife (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Mentoring Software market by , Application (Small and Medium Enterprises (SMEs) and Large Enterprises) and Region.
On the basis of geography, the market of Mentoring Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Platform, the sub-segment i.e. Desktop will boost the Mentoring Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud-Based will boost the Mentoring Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operating System, the sub-segment i.e. Android will boost the Mentoring Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pricing Model, the sub-segment i.e. Subscription (Annual, Monthly, Quarterly) will boost the Mentoring Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Trend Of Short-Term and Goal Oriented Mentoring
Market Growth Drivers:
Growth in Online Education Sector and Increased Adoption of the Software
Challenges:
Lack of Awareness among the People
Restraints:
More Number of Software Available In the Market and High Cost of the Software
Opportunities:
Rising Number of Mentor and Mentoree and Demand for Qualified and Knowledgeable Mentors
Market Leaders and their expansionary development strategies
In August 2018, Graduway, the world’s leading provider of alumni software, acquired VineUp, a top supplier of career mentoring software.
In December 2017, Chronus, a leader in the mentoring software, launched a comprehensive toolkit for organizations to effectively promote their mentoring programs. Proper promotion leads to a greater number of mentoring participants, higher program engagement, and increased program productivity, leading to more successful mentoring experiences.
Key Target Audience
Mentoring Software Makers, Emerging Companies, Independent Software Vendors, Technology Investors, Research Institutes and End-user
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.