School Management System Market Research Report- Forecast till 2025
Market Highlights
Accordingrnto MRFR analysis, the Global School Management System Market was valued USD 8.5rnbillion in 2018 and is expected to reach USD 25.7 Billion by 2025 with a CAGRrnof 17.7% during 2019–2025. The globalrnschool management system market is driven by advancement of technology andrnrapid adoption of cloud-based software offers. These factors have helped shapernthe school management system market and are expected to boost the growth.rnCompanies in the school management system market could also face challengesrnsuch as lack of expertise and limited options for customization. The detailsrncovered in the school management system market report cover all the aspects ofrnthe industry. School management system market analysts have also shared growthrnprojections in the report and have suggested school management system marketrnplayers to plan growth strategies accordingly.
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Segmentation:
Thernglobal school management system market has been segmented based on component,rndeployment mode, application, and end user. On the basis of components, thernmarket for school management system is segmented based on solution, servicesrn- professional services (training, implementation services, andrndevelopment services), and managed services. Additionally, the market on thernbasis of deployment mode, is segmented into cloud and on-premise. The globalrnmarket for school management system is also covered based on the applicationrnsegment which is further split into learning management system, administrationrnmanagement system - staff management, student management, inventory andrntransportation management system, library management, and financial managementrnsystem - accounting management, payroll management, fee management, andrnacademic management system. Based on end-users, the market is segmented intorncommunity college, university, schools, and others.
Factorsrnlike increasing adoption of cloud-based learning management systems andrnpresence of key vendors in some regions support the school management systemrnmarket growth. The performance of the school management system market has alsornbeen studied for the past and current years. Additionally, the schoolrnmanagement system market report provides analysis of these segments. The schoolrnmanagement system market segmental analysis provided in the report offers majorrndetails about the school management system market performance and future.
RegionalrnOverview
By region, the global school management system market has been segmentedrninto North America, Europe, Asia-Pacific, the Middle East and Africa, and SouthrnAmerica.
North America accounted for the largest market in 2018. The region isrndriven by the US and Canada owing to the early adoption of cloud-based studentrninformation systems and the presence of a number of vendors offering enhancedrnERP solutions that include Oracle Corporation, Blackboard Inc and Cornerstone.
Asia-Pacific gained the second spot in the school management systemrnmarket due to the increasing number of startups offering student managementrnsoftware in the emerging economies that include China and India and surge inrnadoption of virtual learning solution that enables the universities, schools,rnand colleges to strengthen their education techniques and excel the students'rnperformances.
CompetitivernLandscape
Thernschool management system market is supported by a surge in the number ofrnvendors offering ERP based solutions for universities, colleges, andrneducational institutes. The population growth around the world and increasingrndemand of school management system market based services and products alsornsupport the market growth. However, the school management system market growthrncan be affected due to lack of human resources and financial constraints. Thernreport covers all such details which will help companies in the schoolrnmanagement system market to strengthen their business plan and improve theirrnproduct portfolio. The school management system market research report alsornprovides company profiles of major companies. The company profile ofrnorganizations operating in the school management system market discussesrnstrategies, growth plans, size, revenue, and mergers and acquisition details ofrntop companies in the school management system market. New entrants andrnestablished players can plan their strategies based on this data provided inrnthe school management system market research report.
MRFR has listed the leading vendors in the school management systemrnindustry, namely Foradian Technologies (India), Oracle Corporation (US),rnPowerSchool (US), Hobsons (US), Blackboard, Inc (US), Skolaro (India), CapitarnSIMS (UK), Schoology (US), Jenzabar, Inc (US), Cornerstone (US), EllucianrnCompany L.P (US), Instructure, Inc (US), Classter (Greece), Knewton, Inc. (US),rnMcGraw-Hill Education (US), and more.
IndustryrnNews
Arnleading supplier of school management tools and resources purpose-built forrnK-12, Frontline Education today reported that it has acquired RiverwoodrnCapital's Forecast5 Analytics. In order to enable school leaders to make morerninformed economical, academic and strategic decisions, Forecast5 delivers a setrnof decision support tools that includes financial analysis, benchmarking,rnstudent achievement dashboards and geovisual analytics. It did not reveal thernfinancial specifics of the deal.
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School Management System Market Research Report: by Component [Solution,rnServices [Professional Services (Implementation Services, Training andrnDevelopment Services), Managed Services], Deployment Mode (Cloud, On-Premise),rnApplication [Administration Management System (Institute Management, StudentrnManagement, Staff Management, Library Management, Inventory and TransportationrnManagement System), Academic Management System, Learning Management System,rnFinancial Management System (Fee Management, Accounting Management and PayrollrnManagement)], End User (Schools, University, Community College and others) andrnby Region (North America, Europe, Asia-Pacific, Middle East and Africa andrnSouth America) - Forecast till 2025
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