Mentoring is one of the highly effective personal and career development process, which supports and gives more clarification to mentees towards their goal. Mentoring software offers effective mentoring programmes to the organization. It saves a lot of time of learning & development department and talent teams of the organizations with adding productive values. Mentoring software is good platform for a new hires as it boosts their networking opportunities. It offers mobile ready tool, which allows users to enhance their productivity at any time and any place.
Increasing adoption of cloud and mobile application in several organizations impacted positively on the growth of mentoring software market. Increasing awareness about positive impacts of mentoring and consultation in the countries of North America fuels the demand of mentoring software in the region.
The study analyses North America mentoring software market based on component, deployment type, organization size, verticals and geography.
The components of mentoring software are solutions and services. The solution segment holds the largest share in the mentoring software market.
The mentoring software market is bifurcated into cloud based and on premises based on deployment mode. The cloud based deployment provides unlimited storage space, quick deployment, easy back-up and restore, security which drives the growth of segment in the mentoring software market.
On the basis of organizational size mentoring software market is segmented into large organizations and small & medium sized organizations.
Major end users of mentoring software market covered in the study are government and defence, BFSI, healthcare, transportation and logistics, telecom, IT, retail, and manufacturing. IT sector holds the largest share in the growth of mentoring software market. The increasing need of mentoring in the organizations to manage the growing workforce drives the growth of IT sector in the mentoring software market.
The key competitors of the market IBM (US), Microsoft(US), Cisco (US), among others
Geographically, the study is comprised of the key countries such as US and Canada. The US held the largest market share of the mentoring software market and is likely to dominate the market over estimated time frame. The US market is consistently growing as the demand for mentoring is increasing in the employees to analyse their personal growth.
The study analyses North America mentoring software market based on component, deployment type, organization size, verticals and geography. The components of mentoring software market are solutions and services. The solution segment holds the largest share in the mentoring software market. The mentoring software market is bifurcated into cloud based and on premises based on deployment mode. On the basis of organizational size mentoring software market is segmented into large organizations and small & medium sized organizations. Major end users of mentoring software market covered in the study are government and defence, BFSI, healthcare, transportation and logistics, telecom, IT, retail, and manufacturing. Geographically, the study is comprised of the key countries such as US and Canada.
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