Press release
Academic Software Market worth 2.7 billion/m by 2031 | Alma (US), CAMPUS CAFÉ SOFTWARE (US), ConexED (US)
Academic Software Market
Read more about Academic Software Market here: https://www.globalinsightservices.com/reports/academic-software-market/
The global academic software market was valued at US$ 0.8 billion in 2021 and it is anticipated to grow up to US$ 2.7 billion by 2031, at a CAGR of 12.7% during the forecast period.
Any application designed to facilitate teaching and learning can be called academic software. Academic software is a modern workplace deployment solution where every type of user (staff, student, teacher, researcher) can access, deploy and license the tools they need through the single sign-on of their institution.
Market Drivers and Trends:
Over the past few years, educational institutions have sought academic software solutions to enhance or replace their existing systems. Educations institutions are acquiring and integrating components such as the student information system (SIS), a financial and human resources and payroll system from another, and a research administration system from yet another. Education institutions adopt these advanced SIS tools to achieve higher efficiency, flexibility, effectiveness, competitiveness, and agility. These educational institutions are tailoring their administrative infrastructure systems to maximize their return on investment. Thus, SIS tools are most economical, less complex, and easily available.
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Global Academic Software Market Segmentation:
By Deployment Type
Cloud-Based
On-Premise
By Application
Colleges and Universities
Educational Services
By Region
North America
The U.S.
Key Players
Alma (US)
CAMPUS CAFÉ SOFTWARE (US)
ConexED (US)
Envisio Solutions Inc. (Canada)
Full Fabric (UK)
PowerVista Software, Inc. (US)
Qualtrics (US)
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