Knowledge Management Software (KMS) Market 2019 Global Key Players: Freshworks, Lucidea, Atlassian Corporation Plc, EduBrite Systems

Knowledge Management Software Market Scenario:
Knowledge management software is defined as a subset of enterprise content management software, that contains a range of softwares specializing in the collection and storage of information, along with access to it. The knowledge management software allows users to identify, capture, evaluate, retrieve, and share the information. The new research report about the global knowledge management software market published by Market Research Future (MRFR) accounts enlargement for this market at 12% CAGR between 2017 and 2023. By value, the market can be worth the USD 33 bn by the end of the forecast period.

A crucial factor for the global Knowledge Management Software Market growth is the surging demand for target-specific information to expand a business. The second factor aiding market growth is the ability of knowledge management software to provide a single window with a repository where users can create, manage, and redistribute content via search tools.

This saves time and makes the gathering of knowledge easy. The market growth is also aided by other factors that include accuracy, better knowledge distribution consistency, easy knowledge base updating process, less workload, and smooth workflow. However, the lack of skilled engineers to implement such a vast technology effectively into practice can harm the market growth.

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Major Key Players:
Major players in the global knowledge management software market include Atlassian Corporation PLC (Australia), Bitrix Inc. (USA), Callidus Software Inc. (USA), EduBrite Systems Inc. (USA), eXo Platform (USA), Freshworks Inc. (USA), Lucidea (Canada), MangoApps Inc. (USA), ProProfs (USA), and Yonyx Inc. (USA).

Market Segmentation:
The global knowledge management software market segmentation covers end-users, type, deployment type, and organization type. MRFR is exploring the features of these segments to understand market trends.

In the context of end-users, this market has been segmented into banking, financial services & insurance (BFSI), government & defense, information technology (IT) & Telecommunication manufacturing, pharmaceuticals, and others.

By type, the market has been segmented into Android native, iOS native, and others. Based on deployment-type, the market has been segmented into cloud deployment, on-premise deployment, hybrid deployment, and others. Regarding organization type, the market has been segmented into small & medium scale enterprise (SME) and large scales enterprise.

Regional Analysis:
The regional segmentation of the global knowledge management software market covers North America, Europe, Asia Pacific, and Rest of the World (RoW).

North America is the leading regional market in the whole global market in terms of market share due to the huge demand for knowledge management softwares in many established sectors that include BFSI, government, pharmaceuticals, and others. Other factors that support the market growth in this region include high propensity to learn new technology, presence of many important market players in the USA, technological advancement, growing integration of new technology with existing applications, supportive & superlative infrastructure. After the USA, Canada is the other significant country-specific market in North America.

During the forecast period, the European market can grow rapidly due to the better service industry. Other factors supporting market growth in this region are similar to those in North America. The most important country-specific market in Europe is the UK. Other countries in Europe, especially France and Germany (that are among the strongest European economies) also contribute revenue to the market.

In the Asia Pacific region, technological advancement is contributing to market growth, and the key countries in this region are China, Japan, and South Korea. Being a strong economy and having the presence of a vibrant IT industry, India also holds the potential of being a powerful country-specific market.

Latest Industry News:
• Professional services firm Grant Thornton LLP has started using knowledge management software Rightpoint on a digital workspace project to improve their work efficiency and save time. Rightpoint is compensating for intranet which in words Grant Thornton is outdated now. 10 JUL 2019
• In a recent webinar, after sharing the failure modes of traditional knowledge management approaches, the International Knowledge Aware Association (IKAA) demonstrated how the Knowledge Aware approach could effectively preserve knowledge in ways that were more efficient than the traditional approaches. 17 JUL 2019

Table of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure:
1.3.1 Global Knowledge Management Software Market: By Types
1.3.2 Global Knowledge Management Software Market: By Deployment Type
1.3.3 Global Knowledge Management Software Market: By Organization Type
1.3.4 Global Knowledge Management Software Market: By End User
1.3.5 Global Knowledge Management Software Market: By Region
Continued….

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List of Tables
Table 1 Knowledge Management Software Market, By Type
Table 2 Knowledge Management Software Market, By Deployment Type
Table 3 Knowledge Management Software Market, By Organization Type
Continued….

List of Figures
Figure 1 Research Methodology
Figure 2 Knowledge Management Software Market: By Type (%)
Figure 3 Knowledge Management Software Market: By Deployment Type (%)
Continued….

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