Press release
School Management System Global Market Size, Share Report, Growth, Analysis, Key Players, Revenue, Future Trends, Forecast 2033 | Oracle Corporation, SAP SE, Unit4 NV, Blackboard Inc., PowerSchool Group LLC
"The new report published by The Business Research Company, titled School Management System 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 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 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%.
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E-Learning's Influence On School Management System 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.
Technological Advancements In Classroom Management Software
Major companies operating in the school management software market are developing technologically advanced products, such as classroom management software, to optimize teaching and learning environments in physical and virtual classrooms. Classroom management software is a digital tool that helps teachers manage and monitor student activities and engagement in a classroom setting, particularly in digital or technology-integrated classrooms. For instance, in April 2022, Impero Software, a UK-based education software provider, launched the Impero Classroom. Impero Classroom Management software empowers teachers with comprehensive tools tailored to address the complexities of hybrid classrooms, bridging learning gaps effectively. Its active monitoring feature ensures students remain focused, whether in physical or remote settings, while advanced browser controls restrict access to inappropriate sites or guide them to assignment-relevant pages. Additionally, it facilitates seamless peer-to-peer learning by enabling presentations across all devices, ensuring compatibility across various platforms, from Chromebooks to Windows laptops. Impero Classroom is a versatile solution for classroom management needs, with scalability from single classrooms to entire school districts and flexible controls that accommodate different teaching scenarios.
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
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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
Contents of the report:
1. Executive Summary
2. School Management System Market Report Structure
3. School Management System Market Trends And Strategies
4. School Management System Market - Macro Economic Scenario
5. School Management System Market Size And Growth
…..
27. School Management System Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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