School Management Software Global Market Report 2024

The school management software market size has grown rapidly in recent years. It will grow from $14.44 billion in 2023 to $17.09 billion in 2024 at a compound annual growth rate (CAGR) of 18.3%. The growth observed during the historic period can be attributed to several factors, including the digitization of administrative processes, the growing complexity of educational institutions, an increasing demand for data-driven decision-making, competitive market dynamics, and the demand for personalized learning initiatives.

The school management software market size is expected to see rapid growth in the next few years. It will grow to $33.92 billion in 2028 at a compound annual growth rate (CAGR) of 18.7%. The anticipated growth in the forecast period can be attributed to several factors, including a shift towards personalized learning, the rise of remote and blended learning approaches, enhanced parent and community engagement, the increasing demand for cloud-based solutions, and a focus on equity and inclusion within educational settings. Major trends expected during this period encompass the adoption of cloud-based solutions, mobile accessibility, utilization of data analytics and AI, integration with learning management systems, cybersecurity measures, and the exploration of blockchain technology.

The increasing popularity of online education is poised to drive the growth of the school management software market in the foreseeable future. Online education involves the delivery of educational content and instruction via the internet. Its rising popularity can be attributed to its flexibility, accessibility, affordability, technological advancements, and its ability to cater to evolving learner and institutional needs. School management software plays a pivotal role in streamlining administrative tasks, facilitating communication, and providing tools for managing students, courses, and assessments in online education settings, thereby enhancing effectiveness and efficiency. For instance, in January 2022, as per the World Economic Forum, a non-governmental organization based in Switzerland, the number of students enrolled in online education witnessed a significant surge, increasing from 71 million in 2020 to 92 million in 2021. Thus, the growing popularity of online education is propelling the expansion of the school management software market.

Prominent companies in the school management software market are focused on developing innovative solutions, such as cloud-based school management software, to improve accessibility and enable seamless communication among stakeholders. Cloud-based school management software solutions are specifically crafted to streamline administrative tasks, facilitate communication, and enhance overall efficiency within educational institutions. For instance, in February 2023, Techdost, a software development startup based in India, introduced Vedmarg, a cloud-based school management system designed to streamline complex administrative operations in educational institutions. Integrated with various modules including fee management, attendance tracking, online exams, quizzes, and more, Vedmarg aims to enhance the workflow of schools and colleges. It aims to boost productivity, minimize errors, save time and resources, and deliver a seamless educational experience for students, teachers, and parents.

In January 2024, Juniper Education, a UK-based company specializing in educational technology and services, acquired Shkolo.bg for an undisclosed sum. This strategic acquisition by Juniper is aimed at expanding its footprint in the EdTech sector and enriching offerings for schools by harnessing innovative solutions and adapting them to the UK market utilizing cutting-edge technologies. Shkolo.bg is a Bulgarian-based developer of a school management platform designed to digitize education.

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.

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. The countries covered in the school management software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

School management software (SMS) is a digital platform or system engineered to streamline and automate a variety of administrative, academic, and operational tasks within educational institutions. Serving as a centralized hub, it facilitates the management of student information and other essential functions, thereby enhancing school efficiency, organization, and communication.

The primary functionalities of school management software encompass student information management, administration management, financial management, library management, attendance management, examination management, timetable management, communication management, HR, and payroll management. Student information management involves the collection, storage, organization, and management of student-related data within an educational institution. The operating systems utilized include iOS (iPhone) and Android, deployed on both cloud-based and on-premises platforms. These applications cater to various educational levels, including primary and secondary schools, higher education institutions, and others.

The school management software market research report is one of a series of new reports that provides school management software market statistics, including school management software industry global market size, regional shares, competitors with school management software market share, detailed school management software market segments, market trends, and opportunities, and any further data you may need to thrive in the school management software industry. This school management software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The school management software market includes revenues earned by entities by providing services such as course and curriculum management, attendance tracking, and grade management. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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