At what pace is the school management software market growing, and what is its estimated value?
The school management software market size has grown rapidly in recent years. It will grow from $17.09 billion in 2024 to $20.33 billion in 2025 at a compound annual growth rate (CAGR) of 18.9%. The growth in the historic period can be attributed to digitization of administrative processes, increasing complexity of educational institutions, rising demand for data-driven decision making, competitive market dynamics, and demand for personalized learning.
The school management software market size is expected to see rapid growth in the next few years. It will grow to $40.22 billion in 2029 at a compound annual growth rate (CAGR) of 18.6%. The growth in the forecast period can be attributed to shift towards personalized learning, rise of remote and blended learning, enhanced parent and community engagement, demand for cloud-based solutions, and focus on equity and inclusion. Major trends in the forecast period include cloud-based solutions, mobile accessibility, data analytics and AI, integration with learning management systems, cybersecurity measures, and blockchain technology.
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What are the top drivers to the rising demand in the school management software market?
The rising popularity of online education is expected to propel the growth of the school management software market going forward. Online education refers to delivering educational content and instruction via the internet. The popularity of online education is rising due to its flexibility, accessibility, affordability, technological advancements, and ability to meet evolving learner and institutional needs. School management software streamlines administrative tasks, fosters communication, and provides tools for managing students, courses, and assessments in online education, enhancing effectiveness and efficiency. For instance, in January 2024, according to the Eurostat, a Luxembourg-based government agency, in 2023, 30% of EU internet users aged 16 to 74 reported participating in an online course or using online learning materials in the previous three months. This represents a 2-percentage point increase from 2022, when the figure was 28%. Therefore, the rising popularity of online education is driving the growth of the school management software market.
How is the school management software market segmented?
The school management software market covered in this report is segmented –
1) By Functionality: Student Information Management, Administration Management, Financial Management, Library Management, Attendance Management, Examination Management, Timetable Management, Communication Management, HR And Payroll Management,
2) By Operating System: Windows, iOS (iPhone Operating System), Android
3) By Deployment Type: Cloud-Based, On-Premises
4) By Application: Primary Schools, Secondary Schools, Higher Education Institutions, Other Applications
Subsegments:
1) By Student Information Management: Student Profiles And Records, Enrollment And Registration Management
2) By Administration Management: School Scheduling And Workflow, Policy And Compliance Management
3) By Financial Management: Fee Collection And Billing, Budgeting And Accounting
4) By Library Management: Cataloging And Circulation, Digital Library Resources Management
5) By Attendance Management: Student Attendance Tracking, Teacher And Staff Attendance
6) By Examination Management: Exam Scheduling And Results, Grading And Report Cards
7) By Timetable Management: Class Scheduling And Room Allocation, Teacher Timetable Management
8) By Communication Management: Parent-Teacher Communication, Internal Messaging And Notifications
9) By HR And Payroll Management: Staff Payroll Processing, Recruitment And Employee Records
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Who are the top competitors in the school management software market?
Major companies operating in the school management software market are Google LLC, Microsoft Corporation, IBM Corporation, Cisco Systems Inc., Oracle Corporation, SAP SE, Adobe Inc., Pearson PLC, Follett Corporation, Tyler Technologies Inc., McGraw-Hill Education Inc., Educomp Solutions Ltd., Ellucian Company L.P., Blackboard Inc., PowerSchool Group LLC, Instructure Inc., D2L Corporation, Canvas, Promethean World Ltd., Desire2Learn Incorporated, Jenzabar Inc., Moodle Pty Ltd., Schoology, ExamSoft Worldwide Inc., Knewton Inc.
What significant trends should we anticipate in the school management software market over the forecast period?
Major companies operating in the school management software market focus on developing innovative solutions, such as cloud-based school management software, to enhance accessibility and facilitate seamless communication among stakeholders. Cloud-based school management software solutions are designed to streamline administrative tasks, facilitate communication, and improve overall efficiency within educational institutions. For instance, in February 2023, Techdost, an India-based software development startup, launched Vedmarg, a cloud-based school management system to facilitate complex administrative operations in educational institutions. This software, integrated with numerous modules like fee management, attendance, online exams, quizzes, and more, is designed to enhance the workflow of schools and colleges. Vedmarg aims to improve productivity, reduce errors, save time and money, and provide a seamless educational experience for students, teachers, and parents.
Which regional trends are influencing the school management software market, and which area dominates the industry?
North America was the largest region in the school management software market in 2023. The regions covered in the school management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The School Management Software Market Report 2025 Offer?
The school management software market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
School management software (SMS) is a digital platform or system designed to streamline and automate various administrative, academic, and operational tasks within educational institutions. It serves as a centralized hub for managing student information and other essential functions, enhancing school efficiency, organization, and communication.
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