The education sector has witnessed several changes owing to the growing importance of education, globally, from the traditional approach of teaching to digital concepts of smart class room. These changes have occurred due to the introduction of modern technology. Advancements in technology have led to the development of the education sector and introduced new modes of education such as online classes, animated teaching, and digital assignments. The new modes of education has resulted in the adoption of various solutions and services, which enable schools to manage their databases and workflow. School management software is a primary tool for the educational sector in order to manage applications such as registration, enrollment, attendance, and scheduling. The software is designed to introduce digitalization in manual processes for data management in school and also to automate all data management procedures to reduce the possibility of human error.
As many changes has been taking place, one of the key changes is implication of concept K-12 system, this K-12 is an education system which is different from conventional method of teaching and boosts interaction between student and teacher. Furthermore, adoption of concept K-12 system in various countries such as U.S, Canada, India and other country has been taken place. Moreover, in, India the K-12 system is being adopted by both private and government schools. The government announced to provide free K-12 education across the country. Demand for school management software is anticipated to increase owing to the rise in adoption of advanced technology and introduction of new concepts in the education sector.
School management software also enables educational institutes to manage financial and human resources administration tasks. School management software enables the school administration to send details of students, such as progress report, attendance, and fee status directly to their parents.
Therefore, the software has proven to be valuable for parents and the school administration. Governments of nations across the globe are taking initiatives to invest in advanced technology for the advancement of education. This, in turn, is estimated to drive the school management software market. The school management software market is also anticipated to witness significant expansion due to increasing adoption of online-based learning and smart classroom concepts.
The global school management software market can be segmented based on deployment model, operating system, modules, and region. Based on deployment model, the market can be classified into on-premise and cloud. Furthermore, the cloud-based deployment segment is anticipated to expand in the near future due to ease of usage and enhanced security of school data. Based on operating system, the school management software market can be divided into windows, iOS, and Android. In terms of modules, the market can be segregated into student assessment, finance management, human resource, and others. North America is expected to witness a high demand for school management software due to increase in implementation of new modes of education The school management software market in emerging economies, especially in Europe and Asia Pacific is anticipated to witness expansion at a considerable growth rate during the forecast period. The market in APAC is likely to expand due to increasing adoption of advanced technology for education and support from governments of countries in the region to provide free education across those countries.
The vendors of school management software are capitalizing on mobile devices as another source of information accessible by education institutes. For instance, Foradian Technologies offers Fenda connect, which is available to users as a mobile app. Its features include course schedules, progress report fee transactions, and notifications. Increase in availability of such software for K-12 and higher education segments is likely to boost the school management software market in the near future. Key players operating in the global school management software market include Ellucian Company L.P., Foradian Technologies, Hobsons, Jenzabar, Inc., Oracle Corporation., Web School ERP, Creatrix Campus, Skolaro, feKara, and Gibbon.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.