The global school management system market size was nearly USD 17.9 Bn in 2022 and is likely to reach USD 62.9 Bn by 2031, expanding at a CAGR of 15% during 2023-2031. Increasing demand for e-learning solutions and the growing implementation of digital solutions in educational institutes is fueling the market.
A school management system is a type of enterprise resource planning (ERP) software program that is designed to handle all sorts of information in education academies. It is used for several applications, including maintaining grades documentation, student registration, mark analysis, better engagement with stakeholders, student payroll management, and accounting management, among others.
ERP solution addition enables institutions to automate tasks and helps school management to upgrade the regular administration processes. It digitizes data for management and gives easier access to store data securely. It can also be used for providing deep insight to parents about school programs and the progress of their children. These systems can be adopted for improving the productivity of teachers, helps them to communicate and collaborate, and streamlines various administrative tasks within a school.
School management system solutions are also available on cloud computing platforms. Cloud-based school management software is easy to adopt with budget-friendly subscription costs. It saves time and provides the right information within clicks from any location with internet-connected digital devices. It is convenient to use with prior information about school events and holidays.
Cloud-based software helps to increase productivity in work and enhances efficiency, scalability, and flexibility of administration. The role of this technology in the curriculum helps teachers to choose their teaching approach and helps learners to achieve their goals and objectives.
The school management system aids in admission procedures and modifications along with updating school records. The software system allows the automation of several operations, which favors the management to focus on monitoring students activities. It is beneficial for both parents and teachers, as it helps to track the progress of students with the analysis provided by the software.
Schools these days are moving towards a software-as-a-service (SaaS) environment for payroll and finance management. The software solutions also allow amplifying teachers’ and administration’s engagement with students and parents to provide detailed reports and create extra efficient and paperless solutions.
The COVID-19 pandemic affected the school management system market. The market growth decreased, due to the shutdown of schools and colleges, as the government across the globe imposed an emergency lockdown and social distancing to prevent the spread of the virus. However, several schools adopted online learning software for teaching students, which fueled the market to a certain limit.
School Management System Market Dynamics
Key Trends
Rising adoption of cloud-based software is a major trend in the market, as cloud computing technology provides ease of implementation. The cloud-based software solutions help school management with enhanced user flexibility in work and is also cost-effective.
Cloud-based education platform removes the need for physical resources by improving digital resource access for students and helps to create a better learning environment. Further, cloud-based school management software provides well-arranged information whenever required, which further helps to manage functions within the organization.
Major Drivers
Rising adoption of e-learning solutions concept is expected to drive the market in the coming years. E-learning services are designed to accommodate everyone's every stakeholders requirements in an educational institute. It provides easy access to wide teaching materials and allows students to learn from remote locations at any time.
This further reduces the fees and costs of schools and colleges. E-learning services benefit educational institutions by seamlessly creating a syllabus, course schedules, and online exams. This system enables school management to reduce the cost of learning, book printing, and classroom equipment.
Increasing addition of advanced features in educational management systems is likely to propel the market. It simplifies the interaction between teachers, parents, and students, which helps in creating better coordination within the administration. Further, the growing need to reduce manual errors in school data is likely to accelerate the market in the coming years.
Existing Restraints
The lack of skilled professionals and financial constraints are expected to restrain the growth of the school management system market to a certain limit. School management system software requires personnel with specific knowledge to efficiently handle all the tools. However, these kinds of software are usually expensive, which may increase the financial burden for schools & colleges.
Emerging Opportunities
Governments across the globe are taking initiatives to provide good quality education to increase the literacy rate, which is likely to offer immense growth opportunities in the market. Moreover, the rising focus of schools & colleges to deploy modern student and staff management solutions and increasing research and development for the inclusion of inventing new features and services in the software to increase the work efficiency of schools are expected to create lucrative opportunities.
Growing developments in software and learning apps for students are creating lucrative opportunities for the market. ERP software provide schools a high management performance such as better accuracy and availability of information within few clicks.
Scope of School Management System Market Report
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes
|
Details
|
|
Report Title
|
School Management System Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
|
|
Base Year
|
2022
|
|
Historic Data
|
2016–2021
|
|
Forecast Period
|
2023–2031
|
|
Segmentation
|
Component (Software, Services, Maintenance, Consulting, Implementation, and Support), Deployment (Cloud-based and On-premise), Application (Administration Management [Institute Management, Student Management, Staff Management, Library Management, and Inventory Management], Financial Management, Academic Management, and Learning Management), and End-user (Schools, Community Colleges, Universities, and others)
|
|
Regional Scope
|
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
|
|
Report Coverage
|
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
|
|
Key Players Covered in the Report
|
Jenzabar, inc.; Blackboard Inc.; Tata Consultancy Services Limited; Oracle; Skolaro; Ellucian Company L.P.; Sage Group plc; llluminate Education.; Campus Management Corp.; Serosoft; Focus Softnet; Tyler Technologies; Sparkrock; Edumarshal; Unit4; and Black baud.
|
School Management System Market Segment Insights
Based on component, the school management system market is divided into software, services, maintenance, consulting, implementation, and support. The software segment is anticipated to hold a key market share during the projection period due to the growing digitization across educational institutes. More and more schools in urban, semi-urban, and rural areas are adopting software solutions to digitize their administrative data.
The manual data entry process is time-consuming, whereas, software solutions easily automate the information of students during admission enrollment, payments, and other procedures. The school management software can be useful in automating notifications, reminders, and alerts for stakeholders such as school admins, teachers, students, and parents.
The services segment is anticipated to expand at a significant growth rate during the forecast period, due to the rising demand for integrated capabilities to enhance administrative processes. It enables educational management to seamlessly link the technological gap between a conventional system and modern applications.
On the basis of deployment, the global market is segregated into cloud-based and on-premise. The cloud-based segment is projected to register a considerable CAGR during the projected period, owing to its several flexibility and cost-saving benefits. The cloud school management system users can access the system from anywhere. Cloud-based school management systems are hosted on vendor servers through the internet and accessed via a web browser.
The cloud-based subscription models offer scalability and cost-effectiveness to the school management system. A cloud-based system is used to store the data and all pieces of information including, student records, teacher data, financial details, and others. This system eliminates the physical storage space and needs to reduce the risk of data loss or damage.
The on-premise segment is anticipated to gain significant revenue shares in the market during the assessment period due to reducing the risk of data loss or damage. On-premises software is a private cloud that utilizes an organization to manage its own IT infrastructure in-house. On-premises school management systems provide users full control and enhanced security over internal data storage. The key advantage of on-premises software is it is easy and quick to deal with hardware failure and other possible system failures.
In terms of application, the market is segmented into administration management, financial management, academic management, and learning management. The administration management segment is further categorized into institute management, student management, staff management, library management, and inventory management.
The administration management segment is projected to register a robust growth rate during the forecast period, due to the growing requirement to fast track the administrative process. However, the financial management segment is estimated to expand at a significant growth rate, owing to the rising demand to ease the finance and account system within the administration.
The financial management segment is estimated to expand at a significant growth rate, owing to the rising need to ease the finance and account system within the administration. Software solutions such as school management systems minimize extremely tedious tasks and simplify complex school finance operations. This system analyzes huge data from the accounts receivable system and helps avoid tedious processes such as data exports and imports.
On the basis of end-user, the market is segmented into schools, community colleges, universities, and others. The school segment is anticipated to account for a major market share due to the growing digitization of various aspects of school operations to store and access information.
School management system helps administration to digitally enter and store all the information related to students, teachers, and other staff. This platform provides access to anywhere and manages paperless data storage. Parents & students can easily access information online to track progress, fee payment details, and coursework.
Regional Outlook
In terms of region, the global school management system market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period, due to the rising number of vendors offering ERP-based solutions for universities and both public and private sector educational organizations. Moreover, the rapid expansion of advanced technology solutions among the schools of the region is expected to fuel market growth in North America.
The market in Asia Pacific is expected to register a robust growth rate during the forecast period, owing to the rising availability of technology at budget-friendly costs and the rising adoption of cloud-based learning management platforms. The region has a large student population, and has demand for various school management solutions to improve teaching and learning. The regional market growth is further attributed to the rising government initiatives to improve the education system.
Segments
The School Management System Market has been segmented on the basis of
Component
- Software
- Services
- Maintenance
- Consulting
- Implementation
- Support
Deployment
Application
- Administration Management
- Institute Management
- Student Management
- Staff Management
- Library Management
- Inventory Management
- Financial Management
- Academic Management
- Learning Management
End-user
- Schools
- Community Colleges
- Universities
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Jenzabar, inc.
- Blackboard Inc.
- Tata Consultancy Services Limited
- Oracle
- Skolaro
- Ellucian Company L.P.
- Sage Group plc
- llluminate Education
- Campus Management Corp.
- Serosoft
- Focus Softnet
- Tyler Technologies
- Sparkrock
- Edumarshal
- Unit4
- Black baud
Competitive Landscape
Key players competing in the global school management system market share are Jenzabar, inc.; Blackboard Inc.; Tata Consultancy Services Limited; Oracle; Skolaro; Ellucian Company L.P.; Sage Group plc; llluminate Education.; Campus Management Corp.; Serosoft; Focus Softnet; Tyler Technologies; Sparkrock; Edumarshal; Unit4; and Black baud.
Some of these companies adopted and growth strategies including technology innovations, collaboration, partnerships, acquisitions, and addition of new innovative features to increase market share. Further, these companies are creating the latest in-demand educational systems for better quality education which also positively impacts in the growth of School Management System Market. For instance,
- In October 2022, Jenzabar, Inc. a leading company for technology innovators in higher education serves the new students announced 11 higher education institutions to help students in success and innovation.
- In July 2022, The Ministry of Education and Sports (MoES) entered into a partnership with the European Union and UNICEF and launched the Lao PDR Education and Sports Management Information System (LESMIS) to strengthen the education system. This digital platform provides easy access to trace all the essential education data and informs regarding policies that will boost Lao children’s learning outcomes.
- In May 2022, ESLSCA University in Egypt collaborated with Ellucian, a leading cloud-based software service provider for higher education. The collaboration is for improving the standard of their faculty and administration to provide students with a great experience of gaining knowledge.
Request For Customization
Enquiry Before Buying
Speak With Analyst
