About Coaching Software
The global Coaching Software market is expected to witness high growth in the forecasted period due to the growing popularity of the Coaching Software across the organizations. Coaching software allows to create coachee profiles, facilitate communication and relationship within the program, and achieve career development objectives. Coaching software is beneficial to an organization when it is planned, implemented, and managed correctly.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail a competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Coaching 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.
CoachLogix (United States), Coachtrak (United Kingdom), Acuity Scheduling (United States), Coachmetrix (United States), The Coaches Console (United States), JPL Consulting (Singapore), CleverMemo (Germany), Sportplan (United Kingdom) and Universal Coaching Systems (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Coaching Software market by and Region.
On the basis of geography, the market of Coaching Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Deployment Mode, the sub-segment i.e. On-Premises will boost the Coaching Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organization Size , the sub-segment i.e. SMEs will boost the Coaching Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Coach will boost the Coaching Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Adoption due to Cloud Solutions and Technological Innovation in the Coaching Software
Market Growth Drivers:
High Demand from the Small and Medium Enterprises and Increasing Internet Penetration across the World
Challenges:
The Growing Concern of Security Vulnerabilities
Restraints:
The Concern Related to the Data Privacy and Security
Opportunities:
The Increasing Demand due to Artificial Intelligence and IoT and Growing Demand from Developing Countries
Market Leaders and their expansionary development strategies
In February 2022, CoachHub, the global leader in digital coaching, has acquisition of the coaching division of Klaiton, a leading Austrian consulting company with a robust online coaching platform. The acquisition will allow CoachHub to benefit from Klaiton's pool of over 500 highly qualified business coaches and its strong market position in Austria. Klaiton will retain its core business, continuing to place highly qualified business consultants throughout Austria, Germany and Switzerland.
In March 2020, CoachLogix unveild its enhanced Enterprise platform at the 2020 Executive Coaching Conference. The next-generation platform was updated with a new user interface and enhanced reporting to solve the pain and burden Enterprise talent teams endure with coaching programs, usually managed in excel or disparate systems that are difficult to track and measure for success.
Key Target Audience
Coaching Software Providers, Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others
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.