Admission Management Software Global Market Report 2024

The admission management software market size has grown rapidly in recent years. It will grow from $1.26 billion in 2023 to $1.42 billion in 2024 at a compound annual growth rate (CAGR) of 12.6%. The growth observed in the historic period can be attributed to several key factors, including the need to enhance efficiency within educational institutions, heightened competition among these institutions, the demand for streamlined admissions processes, regulatory compliance requirements, and an increased focus on improving the overall student experience.

The admission management software market size is expected to see rapid growth in the next few years. It will grow to $2.3 billion in 2028 at a compound annual growth rate (CAGR) of 12.8%. The anticipated growth in the forecast period can be attributed to several key factors, including the expansion of online education platforms, a rising demand for data-driven decision-making in educational institutions, increased integration with other education management systems, and a growing emphasis on personalized learning experiences. Additionally, major trends expected in this period include the growing digitization of educational institutions, further integration with additional educational software systems to streamline operations, an increasing utilization of artificial intelligence and machine learning in admissions processes for improved efficiency and accuracy, ongoing development of new features and functionalities to meet evolving needs, and an increasing adoption of cloud-based solutions for enhanced flexibility and scalability.

The anticipated increase in student enrollment is expected to drive the growth of the admission management software market in the coming years. Student enrollment refers to the total number of students registered or enrolled in educational institutions within a specific period. The rise in student enrollment can be attributed to factors such as growing awareness about education, increased access to educational services, and the proliferation of online educational platforms. Admission management software facilitates online application submissions, reducing paperwork and enhancing convenience for both students and administrators. For example, according to the United States Census Bureau in October 2023, total enrollment in U.S. schools increased by 1.3 million from 2021 to 2022, reaching a total of 75.2 million enrolled students. This surge in student enrollment is a key driver behind the growth of the admission management software market.

Prominent players in the admission management software sector are innovating with cutting-edge solutions such as cloud-based school management systems to bolster scalability, accessibility, and adaptability for educational establishments. Cloud-based school management systems encompass comprehensive digital platforms hosted on cloud infrastructure, streamlining the admissions process in educational settings. For example, in February 2023, Techdost, an India-based company specializing in digital marketing services and web development solutions, introduced Vedmarg, a cloud-based school management system (comprising school ERP and learning management system). Vedmarg aims to simplify the intricate administrative tasks of educational institutions through its 80+ modules, including admission registration, fee management with transportation, attendance tracking, report generation, mark sheets, exam timetables, admit cards, ID cards, online exams, quizzes, and transfer certificates, among others. The software endeavors to enhance the operational efficiency of schools and colleges by providing a centralized platform for remotely accessing departmental data from any location at any time. Additionally, it offers features such as customizable fee structures, cloud-based data backup, SMS alerts, and seamless data accessibility, thereby facilitating financial management, parent-student communication, and productivity enhancement for educational institutions.

In March 2024, Ellucian, a US-based higher education software and services company, acquired EduNav to enhance its capabilities for higher education institutions. The acquisition of EduNav enriches Ellucian's portfolio with tools for registration, academic planning, transfer acceptance, and capacity planning, allowing for a broader range of modern technology solutions. EduNav, a US-based company specializing in software and management solutions for schools, including admission management solutions, adds valuable expertise and resources to Ellucian's SaaS portfolio, ultimately enhancing institutions' ability to deliver exceptional student experiences.

Major companies operating in the admission management software market are BlackBaud Inc., Zoho Corporation Pvt. Ltd., Ellucian Company LP, Rudra Softech LLP, PowerSchool Group LLC, Hyland Software Inc., LeadSquared (Marketxpander Services Private Limited), Liaison International., eduZilla.in, Finalsite Holdings Inc., Dataman Computer Systems Pvt Ltd, NoPaperForms Solutions Pvt. Ltd., iTech India Private Limited, Edunext Technologies Pvt Ltd, Oréll TechnoSystems (India) Pvt Ltd, ExtraaEdge Technology Solutions Private Limited, Renu SB Creation Software Pvt Ltd, Advanta Innovations Pvt Ltd, Creatrix Campus, Teachmint Technologies Pvt. Ltd., SevenM Technologies Private Limited., Kira Talent Inc., Candour Systems Pvt Ltd., Mastersoft Erp Solutions Private Limited, TADS Inc., Embark Corporation, Campus Cafe Software.

North America was the largest region in the admission management software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the admission management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the admission management software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Admission management software encompasses software solutions designed to simplify and automate the process of handling admissions for educational institutions. It facilitates the management of the entire admission workflow, from receiving applications to enrollment, enabling institutions to effectively handle large volumes of applications, enhance the application experience for applicants, and ensure adherence to admissions policies and regulations.

The primary components of admission management software include software solutions and accompanying services. The software solutions are tailored to streamline and automate various aspects of the admissions process, such as application submission, applicant tracking, enrollment management, and data analytics. These solutions can be deployed both on cloud-based platforms and on-premise infrastructure, catering to a wide range of educational institutions including primary and secondary schools, universities, research institutes, and training institutions.

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

The admission management software market includes revenues earned by providing services such as online application forms, document management, application status tracking, communication tools, and reporting capabilities. 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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