Press release
Admission Management Software Market Outlook By Application, Deployment Model, Component And Forecast To 2025
APAC is expected to hold a significant portion of the admission management software market due to the increasing number of students seeking admissions, which leads to a surge in the demand for admission management software among academic institutions. Rising investments in the education sector in the countries including India, China, Singapore, and Malaysia will spur the market growth. According to the India Brand Equity Foundation (IBEF), the higher education segment of India is expected to increase to USD 35.03 billion by 2025 that will increase the number of students seeking admissions, spurring the market growth.According to IBEF, the internet penetration in India was 46.13% till December 2018, contributing to the rise in the uptake of web applications to manage the admission process. Favorable government initiatives for the development of the education sector and increasing Foreign Direct Investments (FDI) in the sector will lead to the growth of the admission management software market.
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The admission management software market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2014 to 2025 for the following segments:
Admission Management Software Market, By Component, 2014-2025 (USD Million)
o Software
o Services
Admission Management Software Market, By Deployment Model 2014-2025 (USD Million)
• Cloud
• On-premise
Admission Management Software Market, By Application, 2014-2025 (USD Million)
• Primary and Secondary Schools
• University
• Research Institute
• Training Institution
The above information has been provided for the following regions and countries:
o North America
• U.S.
• Canada
o Europe
• UK
• Germany
• France
• Italy
• Spain
o APAC
• China
• Japan
• Australia & New Zealand (ANZ)
• South Korea
• India
o Latin America
• Brazil
• Mexico
• Argentina
o MEA
• South Africa
• UAE
• Saudi Arabia
• Israel
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The companies operating in the admission management software market are involved in increasing their global presence through geographic expansion. For instance, in June 2018, Blackbaud Inc. opened a new office in Costa Rica (Central America) to expand its presence in the Latin American market. Some companies are entering into partnerships with colleges to gain more customers. For instance, in November 2018, Ellucian Company L.P. entered into a partnership with Nelson College of London to provide solutions for managing students’ data that further assist in their success and institutional growth. Companies are focusing on new product developments and enhancing the features of their existing solutions. For instance, in October 2018, Blackbaud Inc. introduced Cloud Solution for higher education that enables academic institutions to manage complete student information.
Some of the companies operating in the admission management software market are acquiring other players to increase their product features. For instance, in September 2017, Leeds Equity acquired a product portfolio of Hobsons, Inc. that deals in the constituent relationship management ("CRM") and application management. The acquired product portfolio consists of Radius, ApplyYourself, AppReview, and Connect & Retain product lines that advance admission management software to serve higher education institutes. The players operating in the market are Embark Corporation, BlackBaud Inc., Hyland Software Inc., Ellucian Company LP, Creatrix Campus, Advanta Innovations, Edunext Technologies Pvt. Ltd., Campus Cafe, Dataman Computer Systems Pvt. Ltd., Orell TechnoSystems (India) Pvt. Ltd., and Schoology.
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