Press release
Admission Management Software Market Growth, Demand, Key Drivers, Forecast To 2033
"The new report published by The Business Research Company, titled ""Admission Management Software Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the admission management software market size has grown rapidly in recent years. It will grow from $1.26 billion in 2023 to $1.42 billion in 2024 at a compound annual growth rate (CAGR) of 12.6%. The admission management software market size is expected to see rapid growth in the next few years. It will grow to $2.30 billion in 2028 at a compound annual growth rate (CAGR) of 12.8%.
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Impact of Rising Student Enrollment On The Admission Management Software Market
The rising student enrollment is expected to propel the admission management software market going forward. Student enrollment refers to the total number of students registered or enrolled in educational institutions within a specific timeframe. The rising student enrollment is attributed to factors such as increasing awareness about education, increased access to education services, and rising online educational platforms. Admission management software allows students to submit their applications online, reducing paperwork and making the process more convenient for both students and administrators. For instance, in October 2023, according to the United States Census Bureau, a US-based federal statistical system, the total enrollment in U.S. schools rose by 1.3 million from 2021 to 2022, reaching a total of 75.2 million students enrolled. Therefore, rising student enrollment is driving the growth of the admission management software market.
Innovative Cloud-Based School Management Systems Revolutionize Educational Institution Operations
Major companies operating in the admission management software market are developing advanced solutions, such as cloud-based school management systems, to enhance scalability, accessibility, and flexibility for educational institutions. Cloud-based school management systems refer to comprehensive digital platforms hosted on cloud infrastructure that facilitate the efficient management of the admissions process in educational institutions. For instance, in February 2023, Techdost, an India-based company providing digital marketing services and web development solutions, launched Vedmarg, a cloud-based school management system (school ERP (enterprise resource planning) and learning management system) that aims to facilitate the complex administrative operations of educational institutions. It includes 80+ modules such as admission registration, fee management with transportation, attendance, reports, mark sheets, exam timetables and admit cards, ID cards, online exams, quizzes, and transfer certificates, among others. The software aims to improve the activity workflow of schools and colleges, providing a centralized platform to access all the data of various departments remotely from anywhere at any time. The software also offers features such as customized fee structure, cloud-based data backup, SMS alerts, and easy data access, making it easier for schools and institutions to manage their financial records, communicate with parents and students, and improve productivity.
The admission management software market covered in this report is segmented -
1) By Component: Software, Services
2) By Deployment: Cloud, On-Premise
3) By Application: Primary And Secondary Schools, University, Research Institute, Training Institution
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Major companies operating in the admission management software market report are BlackBaud Inc., Zoho Corporation Pvt. Ltd., Ellucian Company LP, Rudra Softech LLP, PowerSchool Group LLC, Hyland Software Inc., LeadSquared (Marketxpander Services Private Limited), Liaison International., eduZilla.in, Finalsite Holdings Inc., Dataman Computer Systems Pvt Ltd, NoPaperForms Solutions Pvt. Ltd., iTech India Private Limited, Edunext Technologies Pvt Ltd, Oréll TechnoSystems (India) Pvt Ltd, ExtraaEdge Technology Solutions Private Limited, Renu SB Creation Software Pvt Ltd, Advanta Innovations Pvt Ltd, Creatrix Campus, Teachmint Technologies Pvt. Ltd., SevenM Technologies Private Limited., Kira Talent Inc., Candour Systems Pvt Ltd., Mastersoft Erp Solutions Private Limited, TADS Inc., Embark Corporation, Campus Cafe Software
Contents of the report:
1. Executive Summary
2. Admission Management Software Market Report Structure
3. Admission Management Software Market Trends And Strategies
4. Admission Management Software Market - Macro Economic Scenario
5. Admission Management Software Market Size And Growth
…..
27. Admission 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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