Global School Management Software Market Report, Insights and Trends, Positive and Negative Factors, Areas to Focus on, Potential Markets, Key Developments, Segments and Verticals, and Forecast 2020 – 2029

The School Management Software Market report offers insights into the industrial chain, market overview, available software types, end-users, and prominent players in the global market.

in addition, the report includes market growth and risk factors that affect market growth, along with future possible opportunities for manufacturers in the target market over the forecast period. Also, important details such as prominent manufacturers, their presence in key regions, and growth rate as compared to the previous year, etc. have been included.

The school management software market report can help stakeholders to analyze and strategize accordingly, in order to increase revenue profits and sustain in the highly competitive market.

The global school management software market report has been segmented on the deployment model, operating system, module, and region/ country.

School Management Software: Overview

“The School Management Software Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

School management software has gradually become an important tool in the educational sector which helps to manage applications such as enrollment, registration, scheduling, attendance, and various other procedures.

The software is designed and developed in order to manage all school-related information and help automate all the data management processes and reduce human error. In addition, the software has various features such as customized attendance, student activity log, customized progress report, and other details.

Global School Management Software Market: Dynamics

Increasing demand for school management software in the education sector owing to the rising adoption of advanced technologies and new concepts of education including online classes, digital assignments, and animated teaching are key factors projected to drive the growth of the global market in the near future.

In addition, the growing demand for school management software in the educational institutes in order to manage financial and HR administrative tasks such as student progress reports, attendance, and fee status to their parents is another factor projected to drive the growth of the target market in the upcoming years.

Furthermore, the rising adoption of cloud-based school management software among various institutes and the growing demand for centralized software in order to save time and avoid data loss are other factors projected to drive the growth of the target market in the upcoming years.

In the recent past, there have been many changes in the field of education, one of which is the implementation of the K-12 concept.

Increasing adoption of this concept or approach in various developed and developing countries such as India, the US, and Canada, coupled with government initiatives to offer free education under the K-12 system of education such as in India are additional major factors driving the market growth.

 Moreover, various insurance companies have begun offering insurance plans for K-12 schools and private schools that issue electronic devices to students, teachers, and staff. Devices covered include types of iPads, tablets, netbooks, e-readers, iPods, etc.

In addition, the availability of various insurance plans for schools and education institutions cover devices, either in full one-to-one initiative, or complete BYOD model scenario. These insurance plans cover accidental damage, malicious damage, loss and theft, and unauthorized usage.

For instance, Worth Ave. Group – an insurance company – offers insurance policies and extended service plans to non-profit and educational institutes.

However, rising data security concerns to cloud-based school management software and the high cost of software are some of the key factors that could restrain the growth of the global market to some extent.

In addition, complications in customization and integration of software and lack of skilled professionals to use the software are other issues hampering the adoption of the school management software.

Constantly increasing advancements in technology and rising R&D activities for new services launched by players and rising government initiatives are factors projected to create potential revenue opportunities for key players existing in the target market.

Global School Management Software Market: Segment Analysis

By Deployment Model, Analysis:

Among the deployment model segments, the cloud segment is projected to account for high revenue share in the global school management software market and is projected to continue in the upcoming years. Increasing adoption of cloud-based technologies in various developed and developing economies is projected to drive the growth of this segment.

By Module, Analysis:

The student assessment segment is estimated to account for higher revenue contribution in the market owing to increasing digitalization for teaching, assessments, and other digital communications. The finance management segment is projected to witness a higher growth rate in the market followed by the human resource segment.

By Operating System, Analysis:

The android segment is estimated to account for a considerably high revenue share in the market and the iOS segment revenue is projected to rise at a moderately high CAGR in the next 10 years.

Global School Management Software Market: Region Analysis

The North American market is estimated to account for a major share in terms of value in the market and is projected to continue the same for the next 10 years.

The presence of a large number of school management software vendors, coupled with early and higher adoption rates of advanced technologies and automation among big and small educational institutes are factors projected to fuel the growth of the school management software market in North America.

The Europe market is projected to witness high growth in terms of value in the global school management software market. The Asia Pacific market is projected to register the highest growth rate in the global market in the next 10 years.

Continuous technological advancements by major players and rising investments for the adoption of school management software in economies such as China and India in this region are estimated to fuel the growth of the school management software market in the Asia Pacific.

In addition, increasing awareness about the benefits of school management software among educational institutes and the rising number of government initiatives for improving infrastructure and standards of the educational sector in the region are factors projected to drive the growth of the Asia Pacific school management software market.

Global School Management Software Market Segmentation:

Segmentation by Deployment Model:

• On-premise
• Cloud

Segmentation by Operating System:

• Windows
• iOS
• Android

Segmentation by Module:

• Student Assessment
• Finance Management
• Human Resource
• Others

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa