School Management System Market
A school management system refers to a part of the enterprise resource planning software that is mainly used for educational institutions for managing all types of information management systems. It is generally used for a variety of applications that include student registration, documentation of grades and analytical marks for each student, payroll management, accounting management, and other applications. Furthermore, the student management system also entails the overall information of educational institution which includes administration management system, academic management system, and financial management system.
The global school management system market is estimated to upscale at a robust growth rate of 17.7% during the forecast period, as per the latest report developed by the researchers at Market Research Future (MRFR). The global school management system market is also estimated to register a market revenue valuation of USD 25.7 billion by the end of the forecast period. The education sector is expected to witness rapid transformation owing in the forthcoming years, owing to the advancements of technology and the rising adoption of cloud-based software.
This cloud-based software is expected to note a hike in demand owing to a better accessibility feature portals. Notably, most of these developments are observed to take place in economies with sophisticated infrastructure such as the US, Canada, or Western and Central European countries. However, owing to a lack of human resources, financial constraints, and limited options for customization of the software, the global school management system market is expected to witness hindrance in growth over the forecast period.
Segmentation
The global school management system market has been segmented based on component, deployment mode, application, end user, and region.
By component, the global school management system market has been bifurcated into solutions and services. Furthermore, based on services, the school management system market has been sub-categorized into professional services and managed services. The professional services segment has been sub-segmented into consulting and implementation services and training and development services. The solution segment dominated the market in 2018 whereas the services segment is presumed to exhibit higher CAGR during the forecast period.
By deployment mode, the market has been divided into cloud and on-premise. The cloud segment is anticipated to be a higher growth rate in the market during the forecast period. On the flip side, the on-premise segment is expected to dominate the market. However, the cloud solution is expected to lead the market during the forecast period.
Based on application, the market has been categorized into administration management system, academic management systems, learning management systems, and financial management systems. Furthermore, the administration management system has been further sub-segmented into institute management, student management, staff management, library management, inventory and transportation management system. Lastly, the financial management segment has been further sub-divided into fee management, accounting management, and payroll management. The administration segment accounted for the largest segment in 2018, whereas, the learning management system segment is presumed to exhibit the highest CAGR over the next few years.
Based on end user, the global school management system market has been categorized into schools, universities, community colleges, and others. The university segment accounted for the largest market share in 2018. However, the schools segment is anticipated to register the highest CAGR during the review period.
Key Players
MRFR identifies some of the key players in the school management system market including Knewton, Inc. (US), McGraw-Hill Education (US), Instructure, Inc (US), Schoology (US), Blackboard, Inc (US), Ellucian Company L.P (US), Hobsons (US), Foradian Technologies (India), PowerSchool (US), Capita SIMS (UK), Cornerstone (US), Skolaro (India), Oracle Corporation (US), Jenzabar, Inc (US), and Classter (Greece) .
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School Management System MarketThe global school management system market has been segmented based on component, deployment mode, application, end user, and region.By component, the global school management system market has been bifurcated into solutions and services.
Furthermore, based on services, the school management system market has been sub-categorized into professional services and managed services.
Furthermore, the administration management system has been further sub-segmented into institute management, student management, staff management, library management, inventory and transportation management system.
The administration segment accounted for the largest segment in 2018, whereas, the learning management system segment is presumed to exhibit the highest CAGR over the next few years.Based on end user, the global school management system market has been categorized into schools, universities, community colleges, and others.
However, the schools segment is anticipated to register the highest CAGR during the review period.Regional AnalysisThe global school management system market was valued at USD 8.5 billion in 2018 and is anticipated to reach USD 25.7 billion by 2025 growing at a CAGR of 17.7% during the forecast period.The geographical analysis of the global school management system market has been done for North America, Europe, Asia-Pacific, the Middle East and Africa, and South America.North America accounted for the largest market share in the school management system market; this growth can be attributed to the presence of tier I vendors and the adoption of predictive analytics in education system.
Additionally, the US is expected to dominate the market owing to increasing adoption of cloud-based learning management solutions by the educational institutes.Europe accounted for the second-largest share of the global school management system market in terms of market size.
School Management System Market HighlightsThe global school management system market was valued at USD 8.5 billion in 2018 and is anticipated to reach USD 25.7 billion by 2025 growing at a CAGR of 17.7% during the forecast period.The global school management system market has been segmented based on component, deployment mode, application, end user, and region.By component, the global school management system market has been bifurcated into solutions and services.
Furthermore, based on services, the school management system market has been sub-categorized into professional services and managed services.
The solution segment dominated the market in 2018 whereas the services segment is presumed to exhibit higher CAGR during the forecast period.By deployment mode, the market has been divided into cloud and on-premise.
Furthermore, the administration management system has been further sub-segmented into institute management, student management, staff management, library management, inventory and transportation management system.
The administration segment accounted for the largest segment in 2018, whereas, the learning management system segment is presumed to exhibit the highest CAGR over the next few years.Get Sample @ https://www.marketresearchfuture.com/sample_request/8398Based on end user, the global school management system market has been categorized into schools, universities, community colleges, and others.
Additionally, the US is expected to dominate the market owing to increasing adoption of cloud-based learning management solutions by the educational institutes.Europe accounted for the second-largest share of the global school management system market in terms of market size.
Market SynopsisThe school management system is a part of enterprise resource planning software mainly used for educational institutions to manage all types of information management systems.
It used for various applications including student registration, documentation of grades and analytical marks of each student, payroll management, accounting management, and other applications.
However, due to lack of human resources, financial constraints, limited options for customization, and lack of expertise are some of the challenges that hinder the growth of the market during the forecast period.The Global School Management System Market was valued at USD 8.5 billion in 2018; it is expected to reach USD 25.7 Billion by 2025 with a CAGR of 17.7% during the forecast period, 2019–2025.Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/8398Market SegmentationThe global school management system market has been segmented based on component, deployment model, application, end-user, and region.By component, the global school management system market has been bifurcated into solutions and services.
Furthermore, based on services, the school management system market has been subdivided into professional services and managed services.
The market growth is attributed to increasing adoption of cloud-based ERP solutions in educational institutions.
The cloud segment is presumed to be the higher growth rate in the market owing to the availability of seamless cloud-based solutions that can be easily integrated with various applications such as administrative management and financial management segments.
