School Management System Market - Greater Growth Rate during forecast 2018 - 2027
Market Highlights
The school
management system market is anticipated to grow by US$25.7 Billion by 2025
rapidly growing at a CAGR of 17.7% during the forecast period 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
Companies in the
school management system market are spread across the world. The school
management system market report provides major information about regional
markets of North America, Europe, Asia-Pacific (APAC), and the rest of the
world. The North American school management system market has many companies
across the United States, Canada, and Mexico. Europe has companies in the
school management system market across Germany, France, Spain, Italy, and the
United Kingdom. A detailed analysis of the school management system market
across India, China, and Japan in the Asia-Pacific region is also presented in
the report. The school management system market of the Middle East, Africa, and
other regions has also been studied by analysts. The regional analysis of the
school management system market can be found in the market research report.
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.
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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