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Posted 12/14/2021 by Market Future

School Management System Market Research Report- Forecast till 2025


Market Highlights

According to MRFR analysis, the Global School Management System Market was valued USD 8.5 billion in 2018 and is expected to reach USD 25.7 Billion by 2025 with a CAGR of 17.7% during 2019–2025.  The global school management system market is driven by advancement of technology and rapid adoption of cloud-based software offers. These factors have helped shape the school management system market and are expected to boost the growth. Companies in the school management system market could also face challenges such as lack of expertise and limited options for customization. The details covered in the school management system market report cover all the aspects of the industry. School management system market analysts have also shared growth projections in the report and have suggested school management system market players to plan growth strategies accordingly.

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Segmentation:

The global school management system market has been segmented based on component, deployment mode, application, and end user. On the basis of components, the market for school management system is segmented based on solution, services - professional services (training, implementation services, and development services), and managed services. Additionally, the market on the basis of deployment mode, is segmented into cloud and on-premise. The global market for school management system is also covered based on the application segment which is further split into learning management system, administration management system - staff management, student management, inventory and transportation management system, library management, and financial management system - accounting management, payroll management, fee management, and academic management system. Based on end-users, the market is segmented into community college, university, schools, and others.

Factors like increasing adoption of cloud-based learning management systems and presence of key vendors in some regions support the school management system market growth. The performance of the school management system market has also been studied for the past and current years. Additionally, the school management system market report provides analysis of these segments. The school management system market segmental analysis provided in the report offers major details about the school management system market performance and future.

Regional Overview

By region, the global school management system market has been segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America.

North America accounted for the largest market in 2018. The region is driven by the US and Canada owing to the early adoption of cloud-based student information systems and the presence of a number of vendors offering enhanced ERP solutions that include Oracle Corporation, Blackboard Inc and Cornerstone.

Asia-Pacific gained the second spot in the school management system market due to the increasing number of startups offering student management software in the emerging economies that include China and India and surge in adoption of virtual learning solution that enables the universities, schools, and colleges to strengthen their education techniques and excel the students' performances.

Competitive Landscape

The school management system market is supported by a surge in the number of vendors offering ERP based solutions for universities, colleges, and educational institutes. The population growth around the world and increasing demand of school management system market based services and products also support the market growth. However, the school management system market growth can be affected due to lack of human resources and financial constraints. The report covers all such details which will help companies in the school management system market to strengthen their business plan and improve their product portfolio. The school management system market research report also provides company profiles of major companies. The company profile of organizations operating in the school management system market discusses strategies, growth plans, size, revenue, and mergers and acquisition details of top companies in the school management system market. New entrants and established players can plan their strategies based on this data provided in the school management system market research report.

MRFR has listed the leading vendors in the school management system industry, namely Foradian Technologies (India), Oracle Corporation (US), PowerSchool (US), Hobsons (US), Blackboard, Inc (US), Skolaro (India), Capita SIMS (UK), Schoology (US), Jenzabar, Inc (US), Cornerstone  (US), Ellucian Company L.P (US), Instructure, Inc (US), Classter (Greece), Knewton, Inc. (US), McGraw-Hill Education (US), and more.

Industry News

A leading supplier of school management tools and resources purpose-built for K-12, Frontline Education today reported that it has acquired Riverwood Capital's Forecast5 Analytics. In order to enable school leaders to make more informed economical, academic and strategic decisions, Forecast5 delivers a set of decision support tools that includes financial analysis, benchmarking, student achievement dashboards and geovisual analytics. It did not reveal the financial specifics of the deal.

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School Management System Market Research Report: by Component [Solution, Services [Professional Services (Implementation Services, Training and Development Services), Managed Services], Deployment Mode (Cloud, On-Premise), Application [Administration Management System (Institute Management, Student Management, Staff Management, Library Management, Inventory and Transportation Management System), Academic Management System, Learning Management System, Financial Management System (Fee Management, Accounting Management and Payroll Management)], End User (Schools, University, Community College and others) and by Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America) - Forecast till 2025

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