What Has Been the Progress and Growth of the School Management Software Market in Recent Years?
The school management software market has seen considerable growth due to a variety of factors.
• The school management software market has seen rapid growth in recent years. It will increase from $17.09 billion in 2024 to $20.33 billion in 2025, at a CAGR of 18.9%.
This growth is due to the digitization of administrative processes, the increasing complexity of educational institutions, rising demand for data-driven decision-making, competitive market dynamics, and the push for personalized learning.
What Is The Expected Growth In The School Management Software Market Size Evolve over the Forecast Period?
The school management software market is expected to maintain its strong growth trajectory in upcoming years.
• The school management software market is expected to grow rapidly, reaching $40.22 billion by 2029 at a CAGR of 18.6%.
Growth drivers include personalized learning, remote and blended learning rise, cloud-based solutions, and focus on equity and inclusion. Trends include mobile accessibility, AI and data analytics, cybersecurity, and blockchain technology.
What Main Forces Are Fueling Expansion In The School Management Software Market?
The growth of the school management software market is predicted to be driven by the increasing trend of online education. Online education, which involves providing instructional content through the internet, is gaining traction due to its convenience, easy accessibility, cost-effectiveness, technological improvements, and its capability to satisfy changing learner and institutional requirements. School management software enhances effectiveness and efficiency by simplifying administrative duties, promoting communication, and supplying tools for managing students, courses, and assessments in online education. For example, Eurostat, a government agency based in Luxembourg, stated in January 2024 that 30% of EU internet users aged between 16 to 74 have taken part in an online course or used online learning resources in the past three months in 2023. This shows a 2% increase from 2022 when the percentage was 28%. Hence, the growing preference for online education is fuelling the expansion of the school management software market.
What Are The Primary Segments In The Global School Management Software Market?
The school management software market covered in this report is segmented –
1) By Functionality: Student Information Management, Administration Management, Financial Management, Library Management, Attendance Management, Examination Management, Timetable Management, Communication Management, HR And Payroll Management,
2) By Operating System: Windows, iOS (iPhone Operating System), Android
3) By Deployment Type: Cloud-Based, On-Premises
4) By Application: Primary Schools, Secondary Schools, Higher Education Institutions, Other Applications
Subsegments:
1) By Student Information Management: Student Profiles And Records, Enrollment And Registration Management
2) By Administration Management: School Scheduling And Workflow, Policy And Compliance Management
3) By Financial Management: Fee Collection And Billing, Budgeting And Accounting
4) By Library Management: Cataloging And Circulation, Digital Library Resources Management
5) By Attendance Management: Student Attendance Tracking, Teacher And Staff Attendance
6) By Examination Management: Exam Scheduling And Results, Grading And Report Cards
7) By Timetable Management: Class Scheduling And Room Allocation, Teacher Timetable Management
8) By Communication Management: Parent-Teacher Communication, Internal Messaging And Notifications
9) By HR And Payroll Management: Staff Payroll Processing, Recruitment And Employee Records
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Which Emerging Market Trends Are Altering The School Management Software Industry?
Leading enterprises in the field of school management software are concentrating on creating pioneering solutions like cloud-based school management software to improve access and stimulate effortless communication among all relevant parties. Such cloud-based school management software systems are created with the goal of simplifying administrative tasks, fostering better communication, and promoting overall efficacy in educational bodies. For example, in February of 2023, the software development startup based in India called Techdost, introduced Vedmarg, a school management system based on cloud technology, designed to manage intricate administrative tasks in educational organizations. The software includes multiple features such as fee management, attendance tracking, online tests, quizzes, etc, all aimed at improving the operation of schools and colleges. Vedmarg is purposed to amplify productivity, minimize errors, conserve time and money, and deliver a frictionless educational journey for students, instructors, and parents.
Who Are the Key Players In The School Management Software Market?
Major companies operating in the school management software market are:
• Google LLC
• Microsoft Corporation
• IBM Corporation
• Cisco Systems Inc.
• Oracle Corporation
• SAP SE
• Adobe Inc.
• Pearson PLC
• Follett Corporation
• Tyler Technologies Inc.
• McGraw-Hill Education Inc.
• Educomp Solutions Ltd.
• Ellucian Company L.P.
• Blackboard Inc.
• PowerSchool Group LLC
• Instructure Inc.
• D2L Corporation
• Canvas
• Promethean World Ltd.
• Desire2Learn Incorporated
• Jenzabar Inc.
• Moodle Pty Ltd.
• Schoology
• ExamSoft Worldwide Inc.
• Knewton Inc.
What Is The Most Dominant Region In The School Management Software Market?
North America was the largest region in the school management software market in 2023. The regions covered in the school management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
