Global School Management System Market to Hit USD 36.46 Billion , Globally By 2027 at 16.95% CAGR | Infinium Global Research

(Heraldkeepers via Comtex)

The reported study estimated the market for School Management systems to be about USD 14.25 Billion in 2021 and will reach more than 36.46 Billion in 2027, with a Compound Annual Growth Rate of 16.95%, over the forecast period (2021-2027).

Infinium Global Research's recent report on the "School Management System Market (By Component (Software, Services, Support, Maintenance, and Others), By Deployment Type (On-premise, Cloud-based technology), and By End-User (K-12, Higher education)) By Application(Stores and procurement management, Student management, Academic management, Finance and accounting, Human resource management ) Global Industry Analysis, Trends, Market Size & Forecasts to 2027" provides a comprehensive outline of the factors responsible for the growth of the market. The reported study estimated the market for School Management systems to be about USD 14.25 Billion in 2021 and will reach more than 36.46 Billion in 2027, with a Compound Annual Growth Rate of 16.95%, over the forecast period (2021-2027).

To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/reports/sample-request/34350

“We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report shall be Revised to 2022-2028.”

The Section on the Impact of COVID-19 on this Market is Included in the Report for Free.

The Rising Awareness Regarding ERP Solutions In The Education Sector Is The Major Driving Factor For The Market Growth

School management solutions are rapidly being adopted by various educational institutions worldwide to manage their operational activities for the better while enhancing collaboration, productivity, and simplifying learning requirements. With advancements in technologies, educational institutions are rapidly adopting cloud-based software that is offering better accessibility to portal features. Online mode of educational activities has led to the adoption of various solutions and services, which enable schools to manage their databases and workflow. K-12 system is being adopted by both private and government schools in various countries such as the U.S, Canada, and India due to which demand school management software is anticipated to increase in upcoming years.

The outbreak of novel coronavirus across the globe considerably surged the demand for School Management systems. Many countries in the world-imposed country-level lockdowns in which students were restricted to go outside their houses and the educational sector switched to online mode. Adapting to new technology in starting phase of the pandemic was found to be difficult for both students and the faculties. Due to social distancing orders imposed by governments in various countries, there is a growing need for schools to adopt online school management software.

Cloud-Based Technology To Dominate The Growth Of School Management System Market

Cloud-based school management system runs on cloud technology, instead of being local. Data is stored in the cloud, that can be accessed from anywhere and at any time by the users. Cloud computing allows students access to homework wherever there’s an internet connection, teachers to instantly upload learning materials, and administrators to easily collaborate with one another and save money on data storage. Cloud computing makes it possible for updates to immediately be pushed to class materials and textbooks, making it certain that students are learning with their best materials.

The North America Region To Be Expected As Fastest Growing Region In School Management System Market

In terms of region, North America generated the largest revenue in the global School Management System Market in 2020 and is expected to remain the leading market over the forecast years. Due to the growing adoption of cloud-based learning management systems, major key players in the market are present in this region. Furthermore, this region has well-known education institutions delivering high-quality education. Furthermore, the Asia Pacific region is expected to grow at the fastest rate in the School Management System Market over the forecast period. Due to the increasing number of retailers offering ERP-based solutions for universities, public and private schools, and management schools and this region has the world's largest number of students present is anticipating the growth of the School management system market in this region.

Key players focus to increase the production capacity by collaborating with other companies

The School Management System Market is intensely competitive with the presence of several multinational and local players. The major players Unit4, Tyler Technologies, Brainvire, Sparkrock, Edumarshal, Serosoft, Focus Softnet, SAP, TCS, Sage, and several others are constantly focusing on developing new products to gain a competitive edge in the market. These companies are adopting numerous market strategies including new product launches, collaboration, and mergers & acquisitions with numerous companies at the country level.

For instance, in October 2020, IRIS Software Group acquires a school management system, iSAMS. Infinium Global Research's recent report on the global School Management System Market is an encompassment of such recent developments in the global marketplace. The report delivers insights into the recent developments by leading players that have contributed to the growth of the School Management System Market and also estimates the impact of recent developments in the global market.

Anniversary month Offer……| IGR is Offering a 20% Discount On Its Reports. Click Here and Get the Discount: https://www.infiniumglobalresearch.com/reports/customization/34350

Table of Contents

Chapter – 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter – 2. Executive Summary

2.1. School Management System Market Highlights

2.2. School Management System Market Projection

2.3. School Management System Market Regional Highlights

Chapter – 3. Global School Management System Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Analysis of COVID-19 impact on the School Management System Market

3.4. Porter’s Five Forces Analysis

3.5. IGR-Growth Matrix Analysis

3.6. Value Chain Analysis of School Management System Market

Chapter – 4. School Management System Market Macro Indicator Analysis

Chapter – 5. Global School Management System Market by Component

5.1. Software

5.2. Services

5.3. Support

5.4. Maintenance

Chapter – 6. Global School Management System Market by Deployment Type

6.1. On-premise

6.2. Cloud-based Technology

Chapter – 7. Global School Management System Market by End-user

7.1. K-12

7.2. Higher Education

Chapter – 8. Global School Management System Market by Application

8.1. Stores and Procurement Management

8.2. Student Management

8.3. Academic Management

8.4. Finance and Accounting

8.5. Human Resource Management

Chapter – 9. Global School Management System Market by Region 2021-2027

9.1. North America

9.2. Europe

9.3. Asia-Pacific

9.4. RoW

Chapter – 10. Company Profiles and Competitive Landscape

10.1. Competitive Landscape in the Global School Management System Market

10.2. Companies Profiles

10.2.1. Unit4

10.2.2. Tyler Technologies

10.2.3. Brainvire

10.2.4. Sparkrock

10.2.5. Edumarshal

10.2.6. Serosoft

10.2.7. Focus Softnet

10.2.8. SAP

10.2.9. TCS

10.2.10. Sage

More Insights on this Report, Speak to our Analyst: https://www.infiniumglobalresearch.com/reports/enquiry/34350

Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of the school management system.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2027.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand and/or diversify.

 

The post Global School Management System Market to Hit USD 36.46 Billion , Globally By 2027 at 16.95% CAGR | Infinium Global Research appeared first on Herald Keeper.

comtex tracking

COMTEX_415150877/2582/2022-09-23T18:10:22