School Management Software Global Market Report 2024 - By Size, Share, Trends, Growth And Demand, Forecast To 2033

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

School Management Software Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $33.92 billion In 2028 At A CAGR Of 18.7% :
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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School Management Software Market Major Segments
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

Key Driver - The Rise Of Online Education Fuels School Management Software 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.

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Prominent Trend - Innovative Cloud-Based School Management Software Solutions
Major companies operating in the school management software market focus on developing innovative solutions, such as cloud-based school management software, to enhance accessibility and facilitate seamless communication among stakeholders. Cloud-based school management software solutions are designed to streamline administrative tasks, facilitate communication, and improve overall efficiency within educational institutions. For instance, in February 2023, Techdost, an India-based software development startup, launched Vedmarg, a cloud-based school management system to facilitate complex administrative operations in educational institutions. This software, integrated with numerous modules like fee management, attendance, online exams, quizzes, and more, is designed to enhance the workflow of schools and colleges. Vedmarg aims to improve productivity, reduce errors, save time and money, and provide a seamless educational experience for students, teachers, and parents.

School Management Software Market 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.

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Largest And Fastest Growing Region In The Market
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.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. School Management Software Market Report Structure
3. School Management Software Market Trends And Strategies
4. School Management Software Market - Macro Economic Scenario
5. School Management Software Market Size And Growth
…..
27. School Management Software Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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