Overview and Scope
A school management system is a comprehensive software application designed to streamline and automate various administrative and operational tasks within an educational institution. It optimizes administrative tasks, facilitates communication among stakeholders, and enhances educational processes by improving efficiency and effectiveness within the institution.
Sizing and Forecast
The school management system market size has grown rapidly in recent years. It will grow from $16.68 billion in 2023 to $19.31 billion in 2024 at a compound annual growth rate (CAGR) of 15.8%. The growth in the historic period can be attributed to increased focus on data analytics and insights for informed decision-making in education, efficient transport attendance management, real-time tracking of school buses for parents, carrier contracts management, increased demand for student safety and efficient transportation.
The school management system market size is expected to see rapid growth in the next few years. It will grow to $35.09 billion in 2028 at a compound annual growth rate (CAGR) of 16.1%. The growth in the forecast period can be attributed to inclination towards e-learning, growing emphasis on improving the quality of education, rising government initiatives and investments in research and development, proliferation of smart mobile devices, rising digitization in the education industry. Major trends in the forecast period include adoption of e-learning platforms, technological advancement, adoption of virtual solutions, increase in investment by schools, investments in cloud-based school management system.
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Segmentation & Regional Insights
The school management system market covered in this report is segmented –
1) By Component: Solutions, Services
2) By Deployment: Cloud, On-Premise
3) By Application: Administration Management Systems, Academic Management Systems, Learning Management Systems, Financial Management Systems
4) By End-User: Schools, Universities, Community Colleges, Other End-Users
North America was the largest region in the school management system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the school management system 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 inclination towards e-learning is expected to propel the growth of the school management system market going forward. E-learning refers to acquiring knowledge and skills facilitated by electronic technologies and digital media. E-learning is growing due to its flexibility, accessibility, and cost-effectiveness compared to traditional education methods. A school management system helps support e-learning initiatives by providing essential tools and functionalities for course management, student engagement, assessment, communication, and reporting. By leveraging a school management system, educational institutions can effectively transition to online learning environments and deliver high-quality education to students, regardless of physical location or logistical constraints. 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 surged from 71 million in 2020 to 92 million in 2021. Therefore, the inclination towards e-learning is driving the growth of the school management system market.
Key Industry Players
Major companies operating in the school management system market are Oracle Corporation, SAP SE, Tata Consultancy Services Limited, Sage Group Plc, McGraw Hill Education, Ellucian Company L.P, Unit4 NV, Blackboard Inc., PowerSchool Group LLC, Focus Softnet Pte Ltd., Instructure Inc., Brainvire Infotech Inc., Illuminate Education Inc., Jenzabar Inc., Schoology, Skolaro, Sparkrock, Knewton Inc., ESS Limited, Classter, Campus 365, Edumarshal, Foradian Technologies Pvt. Ltd., Serosoft Solutions, OpenEduCat
The school management system market report table of contents includes:
1. Executive Summary
2. School Management System Market Characteristics
3. School Management System Market Trends And Strategies
4. School Management System Market – Macro Economic Scenario
5. Global School Management System Market Size and Growth
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31. School Management System Market Other Major And Innovative Companies
32. Global School Management System Market Competitive Benchmarking
33. Global School Management System Market Competitive Dashboard
34. Key Mergers And Acquisitions In The School Management System Market
35. School Management System Market Future Outlook and Potential Analysis
36.Appendix
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