The recently published new report in the domain of services and software, titled “Global Online Survey Software Market Report, History and Forecast 2014-2025,” delivers key market insights and offers a detailed explanation of the competitive landscape. This report contains 105 pages, which include current and future market scenario, revenue growth opportunities, and pricing and profitability for the market segments.
According to the report, the global online survey software market was valued at US$1010 mn in the year 2018 and is likely to be worth at US$2060 mn by 2025. The market will register a robust CAGR of 10.8% throughout the forecast period of 2019-2025.
Global Online Survey Software Market: Trends and Opportunities
The relentless penetration of the internet and increasing availability of internet connections across the world are likely to fuel the growth of the market in the near future. Over the recent past, online transactions have increased in the developing and developed economies, which has propelled the need for product marketing. The rising expenditure on online marketing has resulted in a mammoth demand for surveys, which allows manufacturers to reach out to an audience in the remote areas. All these factors are collectively responsible for the growth opportunities of the global online survey software market over the forecast period.
In addition, the rising adoption of cloud computing in order to provide simplicity in configuring and creating online survey forms and filling up of online questionaries’ from tablets and smartphones is expected to boost the growth of the global online survey software market in the forthcoming years.
Global Online Survey Software Market: Forecast by Regions
North America is likely to dominate the market in the years to come. Tech-savvy approach towards surveying is expected to keep the region in the lead. Users are opting for the cloud-based online surveys over on-premise model as they provide easy and convenient access to the data. The presence of key market players in this region will also drive the growth of the online survey software market.
Global Online Survey Software Market: Forecast by Segments
The global online survey software market is segmented on the basis of product type and application. On the basis of product type, the market is segmented into an enterprise-grade and individual grade. Based on the application, the market is segmented into retail, medical, media, education and public sector, BFSI, automotive, airline and travel, and others.
Global Online Survey Software Market: Top Players
Changsha WJX, Qualtrics, Zonka Feedback, Question Pro, Voxco, Survey Monkey, Key Survey, SoGoSurvey, Typeform, Zoho, Formstack, Smart Survey, Snap Surveys, Campaign Monitor, and SurveyGizmo are the major companies that are operating in the global online survey software market.
Global Online Survey Software Market: Competitive Landscape
Product expansion is likely to be a key strategy used by players. For instance, the U.S.-based Qualtrics said that it plans to enter new markets such as Asia Pacific and Australian in the coming years. Qualtrics has recently announced its new product XM that is useful for the company to gain revenue. Companies are will emphasize on such strategies to increase their sales.
Full Report Overview@ https://www.qyresearch.com/index/detail/1076298/global-online-survey-software-market