Global User Experience (UX) Research Software market will reach 355.14 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/9/18

User Experience (UX) research software industry concentration imbalance. There are many small companies and new companies in this industry.

Global giant players are mainly distributed in the United States. American players have a long history and an unshakable position in this field. Like Qualtrics, UserZoom, 2020 Research, TechSmith are all from USA, they account more than half of the total market.

The global User Experience (UX) Research Software market is valued at US$ 130.04 million in 2018 and will reach US$ 355.14 million by the end of 2025, growing at a CAGR of 18.23% during 2018-2024.

Based on the deployment approach, User Experience (UX) Research Software can be classified as Cloud-based and On-Premises. In 2018, the Cloud-based type User Experience (UX) Research Software market size was US$ 115.43 million, and it will be US$ 317.57 million, with a CAGR 18.37% from 2018 to 2024. In the market, Cloud-based is the major type used, which accounts 88.76% of the total market in 2018. And the Cloud-based type will further increase in the next few years. In 2024, Cloud-based type will account 89.42% of the total market compared with 10.58% of On-Premises type.

Based on the application, the User Experience (UX) Research Software market is divided into Large Enterprises, SMEs. In 2018, Large Enterprises application led the market with a market share of approximately 69.75%. As these large companies are more likely to set up their own large agents in some major countries and regions, responsible for establishing international market position in regional business. In contrast, small companies invest more in the local and domestic markets, and their products are not as advanced as the leading companies. More and more small and medium enterprises will choose User Experience (UX) Research Software to know about their product, and small and medium enterprises application will be US$ 117.13 million in 2024, with the market share of 32.98%.

The main consumer market is located in developed countries. North America is the largest consumption region, with the total market share of 44.69% in 2018, and USA accounts most of the North America market, with the market share of 88.08%, and account the total market share of 39.36% in 2018. Followed by Europe, accounting for 32.70%. In the coming years there is an increasing demand for User Experience (UX) Research Software in the regions of APAC and Europe.

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