[335 Pages Report] During the forecast period (2022-2032), the cemetery software market is expected to move forward at a CAGR of 4.0%.
The cemetery software market is likely to amass a revenue of US$ 2.7 billion by 2032, up from US$ 1.8 billion in 2022.
Attributes | Details |
---|---|
Cemetery Software Market CAGR (2022 to 2032) | 17.0% |
Cemetery Software Market Value (2022) | US$ 12.4 Billion |
Cemetery Software Market Value (2032) | US$ 59.8 Billion |
“The cemetery software market is majorly contributed by increased digitalization, the need to maintain cemetery records effectively and securely, and increased use of automated tools.”
The cemetery management overhead and need to reduce record-keeping, as well as the growing adoption of simple and secure cemetery software to replace paper-based record keeping, are driving the cemetery software market growth forward.
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The COVID-19 pandemic is expected to have a short-term negative impact on the global cemetery software market.
The cemetery software market size slightly dwindled as end-user liquidity has been strained as a result of the lockdown, resulting in lower investment in cemetery software.
On account of the severe restrictions on funerals, the growing number of confirmed cases and reported deaths caused by COVID-19 around the world has provided impetus to the cemetery software adoption trends.
Furthermore, many people in both developed and developing countries are looking for new ways to communicate with family and friends, such as using online and virtual worlds.
North American countries have a significant number of chain funeral home organisations; thus, the impact of Coronavirus on the cemetery software market in the current scenario is expected to be positive.
Funerals have been severely restricted in many North American and European countries in order to limit the spread of the virus, frequently preventing family members from participating in the ceremony.
During the forecast period, this is expected to fuel the demand for cemetery software.
The cemetery software market statistics are significantly influenced by the aid it provides in the faster and more efficient management of cemetery records.
The cemetery software also helps in the location of gravesites, thereby increasing software deployment and propelling the cemetery software market forward.
The cloud-based and web-based application segments are expected to advance the most due to advantages such as low installation costs and easy customization for individual cemeteries.
However, for reasons such as personal preference or space constraints for plots or columbarium niches, an increasing number of people are choosing to be cremated, which does not augur well for cemetery software market future trends.
The demand for cemetery software is on the rise due to a growing number of digital natives, spiking demand for cloud-based cemetery software, and increased adoption of smart technology.
Growing awareness of the benefits of using cemetery software is also a key factor driving the overall cemetery software market growth.
However, the cemetery software market trends and forecasts are negatively affected by some end users' reluctance to adopt new technologies, which may also limit market growth to some extent.
Nonetheless, during the forecast period, the global cemetery software market is expected to grow at a healthy CAGR.
The demand for cemetery software is also facilitated by various features, including allowing one to easily search for records and plot ownership, as well as access information from any device in any location.
Furthermore, the cloud-based solution's low cost and the need to save time and money by digitising and automating the cemetery's mapping and records are expected to positively influence the cemetery software market outlook.
The need for a centralised cemetery booking system has grown, and this system makes it easier to manage grave inventory levels, financials, and real-time data in the cemetery.
The centralised cemetery management system has also reduced the cost of maintaining and operating graveyards, which is propelling the cemetery software market forward.
To run a cemetery management system smoothly, the end-user must have a strong network and system infrastructure to manage the entire centralised system.
Poor network infrastructure causes sluggish adoption of cemetery software in regions such as the Asia Pacific, which has nearly 45 percent of the world's population.
Cemetery software generates a virtual view or map of a burial facility to aid client selection and business allocation of burial plots, removing the need to traverse the physical grounds.
These maps are compatible with the majority of smartphones and laptop computers, thereby opening up a wide array of cemetery software market opportunities.
Cemetery software simplifies record digitization and storage by supporting image files, pushing the demand for this software even further.
Another major advantage associated with cemetery management software is that data can be retrieved quickly & displayed to clients for verification or correction, and the same reduces the amount of manual paperwork and the potential for error.
The cloud-based segment is expected to dominate the cemetery software market, by type, with a CAGR of 4.0% during the forecast period (2022-2032).
A type of cemetery software that is cloud-based allows users to access and manage their cemetery data from any internet-connected device.
This software is hosted on remote servers and can be accessed via a web browser or mobile app.
On account of the low cost and robust network infrastructure in developed countries, the cloud segment is seeing higher demand than web-based cemetery software.
Cloud based cemetery software vendors are also working to develop a high-level security patch to reduce the risk of a cyber-attack.
Based on application, the individual segment is likely to take the lead in the cemetery software market, advancing at a CAGR of 4.1% from 2022 to 2032.
Cemetery database software is used to keep track of a cemetery's records, and it aids in the management of tasks such as tracking lot sales and mapping gravesites.
Cemetery software can greatly assist individuals in keeping track of their loved ones' final resting place as well as managing the finances associated with cemetery maintenance.
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Regions | CAGR (2022 to 2032) |
---|---|
USA Market | 3.8% |
UK Market | 2.7% |
China Market | 3.4% |
Japan Market | 2.4% |
South Korea Market | 2.0% |
During the forecast period, the US cemetery software market is expected to grow at the fastest CAGR of 3.8% from 2022 to 2032, reaching US$ 1.0 billion by 2032.
This country largest cemetery software market share can be attributed to factors such as rising cremation demand and urbanization.
Moreover, on account of its strong network and system infrastructure, as well as the market's healthy adoption of new technologies, the US is expected to dominate the global cemetery software market during the forecast period.
Brazil dominates other Latin American markets due to its growing population, which necessitates effective cemetery management solutions.
Increasing government digitization initiatives are encouraging users to use web-based cemetery plotting software.
During the forecast period, the UK cemetery software market is expected to move forward at a CAGR of 2.7%, garnering a revenue of US$ 109.2 million by 2032.
This expansion can be attributed to rising demand for cloud-based cemetery software and growing user awareness of its benefits in this country.
The cemetery software companies are involved in various key developments as organic and inorganic growth strategies.
Several market players are focusing on organic growth strategies such as product approvals, product launches, and other things like patents and events.
Acquisitions, collaborations, and partnerships were among the inorganic growth strategies observed in the cemetery software market.
These activities have paved the way for market participants to expand their business, customer base as well as cemetery software market share.
With the rising demand for cemetery software in the global market, players in the cemetery software market are expected to benefit from lucrative cemetery software market opportunities in the future.
Numerous activities initiated by market players and their key strategies are considered to play a significant role in bringing about emerging trends in cemetery software market.
One of the recent developments in cemetery software market is when Rhinebeck's Town Board agreed to spend $5,000 on cemetery management software as part of the town's effort to modernize one of the community's oldest booking records.
The system deployment aims to digitize records dating back to the 1830s.
The cemetery software market is projected to register a CAGR of 4.0% during the forecast period (2022 - 2032).
During the projected period, the US is expected to lead the cemetery software market with a CAGR of 3.8% from 2022 to 2032.
The cloud-based segment is expected to dominate the cemetery software market, by type, with a CAGR of 4.0% during the forecast period (2022-2032).
The cemetery software market is expected to be valued at US$ 2.7 billion by 2032.
The cemetery software market size accounted for around US$ 1.7 billion by 2021.
1. Executive Summary 1.1. Global Market Outlook 1.2. Summary of Statistics 1.3. Key Market Characteristics & Attributes 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Risks and Trends Assessment 3.1. Risk Assessment 3.1.1. COVID-19 Crisis and Impact on Cemetery Software Demand 3.1.2. COVID-19 Impact Benchmark with Previous Crisis 3.1.3. Impact on Market Value (US$ Mn) 3.1.4. Assessment by Key Countries 3.1.5. Assessment by Key Market Segments 3.1.6. Action Points and Recommendation for Suppliers 3.2. Key Trends Impacting the Market 3.3. Formulation and Product Development Trends 4. Market Background and Foundation Data Points 4.1. Global Protective Coatings Market (US$ Mn) 4.2. Cemetery Software Market Opportunity Assessment (US$ Mn) 4.2.1. Total Available Market 4.2.2. Serviceable Addressable Market 4.2.3. Serviceable Obtainable Market 4.3. Market Scenario Forecast 4.3.1. Demand in optimistic Scenario 4.3.2. Demand in Likely Scenario 4.3.3. Demand in Conservative Scenario 4.4. Investment Feasibility Analysis 4.4.1. Investment in Established Markets 4.4.1.1. In Short Term 4.4.1.2. In Long Term 4.4.2. Investment in Emerging Markets 4.4.2.1. In Short Term 4.4.2.2. In Long Term 4.5. Forecast Factors - Relevance & Impact 4.5.1. Top Companies Historical Growth 4.5.2. Global Protective Coatings Market Growth 4.5.3. Cemetery Software Adoption Rate, By Country 4.6. Market Dynamics 4.6.1. Market Driving Factors and Impact Assessment 4.6.2. Prominent Market Challenges and Impact Assessment 4.6.3. Cemetery Software Market Opportunities 4.6.4. Prominent Trends in the Global Market & Their Impact Assessment 5. Key Success Factors 5.1. Manufacturers’ Focus on Low Penetration High Growth Markets 5.2. Banking on with Segments High Incremental Opportunity 5.3. Peer Benchmarking 6. Global Cemetery Software Market Demand Analysis 2015-2021 and Forecast, 2022-2032 6.1. Historical Market Analysis, 2015-2021 6.2. Current and Future Market Projections, 2022-2032 6.3. Y-o-Y Growth Trend Analysis 7. Global Cemetery Software Market Value Analysis 2015-2021 and Forecast, 2022-2032 7.1. Historical Market Value (US$ Mn) Analysis, 2015-2021 7.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Global Cemetery Software Market Analysis 2015-2021 and Forecast 2022-2032, By Type 8.1. Introduction / Key Findings 8.2. Historical Market Size (US$ Mn) Analysis By Type, 2015-2021 8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Type, 2022-2032 8.3.1. Cloud-Based 8.3.2. Web-Based 8.4. Market Attractiveness Analysis By Type 9. Global Cemetery Software Market Analysis 2015-2021 and Forecast 2022-2032, By Application 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ Mn) Analysis By Application, 2015-2021 9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Application, 2022-2032 9.3.1. Individual 9.3.2. Government 9.3.3. Funeral Home 9.3.4. Others 9.4. Market Attractiveness Analysis By Application 10. Global Cemetery Software Market Analysis 2015-2021 and Forecast 2022-2032, By Region 10.1. Introduction 10.2. Historical Market Size (US$ Mn) Analysis By Region, 2015-2021 10.3. Current Market Size (US$ Mn) & Analysis and Forecast By Region, 2022-2032 10.3.1. North America 10.3.2. Latin America 10.3.3. Europe 10.3.4. Asia Pacific 10.3.5. Middle East and Africa (MEA) 10.4. Market Attractiveness Analysis By Region 11. North America Cemetery Software Market Analysis 2015-2021 and Forecast 2022-2032 11.1. Introduction 11.2. Pricing Analysis 11.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 11.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 11.4.1. By Country 11.4.1.1. U.S. 11.4.1.2. Canada 11.4.1.3. Rest of North America 11.4.2. By Type 11.4.3. By Application 11.5. Market Attractiveness Analysis 11.5.1. By Country 11.5.2. By Type 11.5.3. By Application 12. Latin America Cemetery Software Market Analysis 2015-2021 and Forecast 2022-2032 12.1. Introduction 12.2. Pricing Analysis 12.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 12.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 12.4.1. By Country 12.4.1.1. Brazil 12.4.1.2. Mexico 12.4.1.3. Rest of Latin America 12.4.2. By Type 12.4.3. By Application 12.5. Market Attractiveness Analysis 12.5.1. By Country 12.5.2. By Type 12.5.3. By Application 13. Europe Cemetery Software Market Analysis 2015-2021 and Forecast 2022-2032 13.1. Introduction 13.2. Pricing Analysis 13.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 13.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 13.4.1. By Country 13.4.1.1. Germany 13.4.1.2. France 13.4.1.3. U.K. 13.4.1.4. Italy 13.4.1.5. Benelux 13.4.1.6. Nordic Countries 13.4.1.7. Rest of Europe 13.4.2. By Type 13.4.3. By Application 13.5. Market Attractiveness Analysis 13.5.1. By Country 13.5.2. By Type 13.5.3. By Application 14. Asia Pacific Cemetery Software Market Analysis 2015-2021 and Forecast 2022-2032 14.1. Introduction 14.2. Pricing Analysis 14.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 14.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 14.4.1. By Country 14.4.1.1. China 14.4.1.2. Japan 14.4.1.3. South Korea 14.4.1.4. Rest of Asia Pacific 14.4.2. By Type 14.4.3. By Application 14.5. Market Attractiveness Analysis 14.5.1. By Country 14.5.2. By Type 14.5.3. By Application 15. Middle East and Africa Cemetery Software Market Analysis 2015-2021 and Forecast 2022-2032 15.1. Introduction 15.2. Pricing Analysis 15.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 15.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 15.4.1. By Country 15.4.1.1. GCC Countries 15.4.1.2. South Africa 15.4.1.3. Turkey 15.4.1.4. Rest of Middle East and Africa 15.4.2. By Type 15.4.3. By Application 15.5. Market Attractiveness Analysis 15.5.1. By Country 15.5.2. By Type 15.5.3. By Application 16. Key Countries Cemetery Software Market Analysis 2015-2021 and Forecast 2022-2032 16.1. Introduction 16.1.1. Market Value Proportion Analysis, By Key Countries 16.1.2. Global Vs. Country Growth Comparison 16.2. US Cemetery Software Market Analysis 16.2.1. Value Proportion Analysis by Market Taxonomy 16.2.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.2.2.1. By Type 16.2.2.2. By Application 16.3. Canada Cemetery Software Market Analysis 16.3.1. Value Proportion Analysis by Market Taxonomy 16.3.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.3.2.1. By Type 16.3.2.2. By Application 16.4. Mexico Cemetery Software Market Analysis 16.4.1. Value Proportion Analysis by Market Taxonomy 16.4.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.4.2.1. By Type 16.4.2.2. By Application 16.5. Brazil Cemetery Software Market Analysis 16.5.1. Value Proportion Analysis by Market Taxonomy 16.5.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.5.2.1. By Type 16.5.2.2. By Application 16.6. Germany Cemetery Software Market Analysis 16.6.1. Value Proportion Analysis by Market Taxonomy 16.6.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.6.2.1. By Type 16.6.2.2. By Application 16.7. France Cemetery Software Market Analysis 16.7.1. Value Proportion Analysis by Market Taxonomy 16.7.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.7.2.1. By Type 16.7.2.2. By Application 16.8. Italy Cemetery Software Market Analysis 16.8.1. Value Proportion Analysis by Market Taxonomy 16.8.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.8.2.1. By Type 16.8.2.2. By Application 16.9. BENELUX Cemetery Software Market Analysis 16.9.1. Value Proportion Analysis by Market Taxonomy 16.9.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.9.2.1. By Type 16.9.2.2. By Application 16.10. UK Cemetery Software Market Analysis 16.10.1. Value Proportion Analysis by Market Taxonomy 16.10.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.10.2.1. By Type 16.10.2.2. By Application 16.11. Nordic Countries Cemetery Software Market Analysis 16.11.1. Value Proportion Analysis by Market Taxonomy 16.11.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.11.2.1. By Type 16.11.2.2. By Application 16.12. China Cemetery Software Market Analysis 16.12.1. Value Proportion Analysis by Market Taxonomy 16.12.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.12.2.1. By Type 16.12.2.2. By Application 16.13. Japan Cemetery Software Market Analysis 16.13.1. Value Proportion Analysis by Market Taxonomy 16.13.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.13.2.1. By Type 16.13.2.2. By Application 16.14. South Korea Cemetery Software Market Analysis 16.14.1. Value Proportion Analysis by Market Taxonomy 16.14.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.14.2.1. By Type 16.14.2.2. By Application 16.15. GCC Countries Cemetery Software Market Analysis 16.15.1. Value Proportion Analysis by Market Taxonomy 16.15.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.15.2.1. By Type 16.15.2.2. By Application 16.16. South Africa Cemetery Software Market Analysis 16.16.1. Value Proportion Analysis by Market Taxonomy 16.16.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.16.2.1. By Type 16.16.2.2. By Application 16.17. Turkey Cemetery Software Market Analysis 16.17.1. Value Proportion Analysis by Market Taxonomy 16.17.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.17.2.1. By Type 16.17.2.2. By Application 16.17.3. Competition Landscape and Player Concentration in the Country 17. Market Structure Analysis 17.1. Market Analysis by Tier of Companies 17.2. Market Concentration 17.3. Market Share Analysis of Top Players 17.4. Market Presence Analysis 17.4.1. By Regional footprint of Players 17.4.2. Product footprint by Players 18. Competition Analysis 18.1. Competition Dashboard 18.2. Competition Benchmarking 18.3. Competition Deep Dive 18.3.1. Cemify 18.3.1.1. Overview 18.3.1.2. Product Portfolio 18.3.1.3. Sales Footprint 18.3.1.4. Strategy Overview 18.3.2. Cemsites 18.3.2.1. Overview 18.3.2.2. Product Portfolio 18.3.2.3. Sales Footprint 18.3.2.4. Strategy Overview 18.3.3. Ovs-Genealogy 18.3.3.1. Overview 18.3.3.2. Product Portfolio 18.3.3.3. Sales Footprint 18.3.3.4. Strategy Overview 18.3.4. Legacy Mark 18.3.4.1. Overview 18.3.4.2. Product Portfolio 18.3.4.3. Sales Footprint 18.3.4.4. Strategy Overview 18.3.5. NewCom Technologies 18.3.5.1. Overview 18.3.5.2. Product Portfolio 18.3.5.3. Sales Footprint 18.3.5.4. Strategy Overview 18.3.6. Ramaker & Associates 18.3.6.1. Overview 18.3.6.2. Product Portfolio 18.3.6.3. Sales Footprint 18.3.6.4. Strategy Overview 18.3.7. Grave Discover Software 18.3.7.1. Overview 18.3.7.2. Product Portfolio 18.3.7.3. Sales Footprint 18.3.7.4. Strategy Overview 18.3.8. Memorial Business Systems 18.3.8.1. Overview 18.3.8.2. Product Portfolio 18.3.8.3. Sales Footprint 18.3.8.4. Strategy Overview 18.3.9. Pontem Software 18.3.9.1. Overview 18.3.9.2. Product Portfolio 18.3.9.3. Sales Footprint 18.3.9.4. Strategy Overview 18.3.10. TechniServe 18.3.10.1. Overview 18.3.10.2. Product Portfolio 18.3.10.3. Sales Footprint 18.3.10.4. Strategy Overview 19. Assumptions and Acronyms Used 20. Research Methodology
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