School Management Software Market Forecast 2024-2033

Overview and Scope
School management software (SMS) is a digital platform or system designed to streamline and automate various administrative, academic, and operational tasks within educational institutions. It serves as a centralized hub for managing student information and other essential functions, enhancing school efficiency, organization, and communication.

Sizing and Forecast
The school management software market size has grown rapidly in recent years. It will grow from $14.44 billion in 2023 to $17.09 billion in 2024 at a compound annual growth rate (CAGR) of 18.3%. The growth in the historic period can be attributed to digitization of administrative processes, increasing complexity of educational institutions, rising demand for data-driven decision making, competitive market dynamics, and demand for personalized learning.

The school management software market size is expected to see rapid growth in the next few years. It will grow to $33.92 billion in 2028 at a compound annual growth rate (CAGR) of 18.7%. The growth in the forecast period can be attributed to shift towards personalized learning, rise of remote and blended learning, enhanced parent and community engagement, demand for cloud-based solutions, and focus on equity and inclusion. Major trends in the forecast period include cloud-based solutions, mobile accessibility, data analytics and AI, integration with learning management systems , cybersecurity measures, and blockchain technology.

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Segmentation & Regional Insights
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

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.

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Major Driver Impacting Market Growth
The rising popularity of online education is expected to propel the growth of the school management software market going forward. Online education refers to delivering educational content and instruction via the internet. The popularity of online education is rising due to its flexibility, accessibility, affordability, technological advancements, and ability to meet evolving learner and institutional needs. School management software streamlines administrative tasks, fosters communication, and provides tools for managing students, courses, and assessments in online education, enhancing effectiveness and efficiency. For instance, in January 2022, according to the World Economic Forum, a Switzerland-based non-governmental organization, the number of students enrolled in online education experienced a significant increase, jumping from 71 million in 2020 to 92 million in 2021. Therefore, the rising popularity of online education is driving the growth of the school management software market.

Key Industry Players

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.

The school management software market report table of contents includes:

1. Executive Summary
2. School Management Software Market Characteristics
3. School Management Software Market Trends And Strategies
4. School Management Software Market – Macro Economic Scenario
5. Global School Management Software Market Size and Growth
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31. School Management Software Market Other Major And Innovative Companies
32. Global School Management Software Market Competitive Benchmarking
33. Global School Management Software Market Competitive Dashboard
34. Key Mergers And Acquisitions In The School Management Software Market
35. School Management Software Market Future Outlook and Potential Analysis
36.Appendix

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