Global College and University Management Software Market, By Deployment Type (On Cloud, On Premise), Organization Size (Large Enterprises, Small and Medium-sized Enterprises (SMEs)) – Industry Trends and Forecast to 2030.
College and University Management Software Market Analysis and Size
Nowadays, computerization and automation have made things simpler for universities or colleges to manage student fee collection, enrollment, admissions, and conducting examinations among others. College and university management software manages all university and college activities precisely and efficiently. This management software minimizes the efforts of teachers and ease up the attendance management, admission process, examination process announcements or deliver updates on-campus activities.
Data Bridge Market Research analyses that the college and university management software market is expected to reach USD 16.01 billion by 2030, which is USD 6.56 billion in 2022, at a CAGR of 11.80% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
College and University Management Software Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Deployment Type (On Cloud, On Premise), Organization Size (Large Enterprises, Small and Medium-sized Enterprises (SMEs)), End Users (Colleges, Universities, Private Institution and Others), Pricing (One-Time License, Monthly, Yearly)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Oracle (U.S.), MeritTrac (India), LIBSYS (India), Serosoft Solutions Pvt Ltd. (India), Iolite Softwares (India), Ellucian Company L.P. (U.S.), Adroit Soft India Pvt Ltd. (India), Flexiapps Solutions Pvt. Ltd. (India), Entab Infotech Pvt. Ltd. (India), CR2 Technologies Limited (India), Foradian Technologies. (India), Hobson & Company, Inc. (U.S.), Jenzabar, Inc. (U.S.), Creatrix Campus. (U.S.), Skolaro. (India), MasterSoft (India), Teachmint Technologies Pvt. Ltd. (India) and Campus 365 (India).
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Market Opportunities
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Market Definition
College and university management software helps institutions to manage many aspects of their university or college. This software can help to manage academics, finances, admissions and other areas. It is designed to introduce digitalization in the manual procedures which carried out by college and university for data management. This also helps to automate all the procedures associated with data management and decrease the possibility of human error.
Global College and University Management Software Market
Drivers
- Increasing number of applications for college and university
The number of applications for college and university is increasing every year. It is progressively becoming challenging for college and university, to provide the preferred choice after estimating the potential of applicants based on specific parameters. Various colleges and universities have already successfully deployed these management software and ultimately reaped benefits. This indicates that the software is not only lucrative for deployment but also able to recovering the investment and optimizing operations at a rapid pace. Hence, increasing number of applications for college and university is expected to drive the market growth.
- Growing demand for scalability in educational institutions
The augmented demand for the operational effectiveness of admission processes in educational institutions such as college and university increases the demand for the scalability in both large and small educational institutions. Furthermore, the complexity of the admission process has created owing to the surge in the number of students applying to colleges and universities, which has increased the demand for college and university management software. The software automates the admissions process and its operations. Thus, growing demand for scalability in educational institutions is likely to boost the market growth.
Opportunities
- Increasing demand for on cloud based college and university management software
On cloud based college and university management software is also known as SaaS-based college and university management software. On cloud is a web-based solution that works on the cloud. The advantage of using on cloud based college and university management software system is that there are no installation expenses involved, only licensing charges need to be paid yearly or monthly for access to the service. On cloud based college and university management software can be used for a several purposes, such as recording attendance and student grades, tracking financial aid applications, managing course schedules and coordinating campus events. Therefore, increasing demand for on cloud based college and university management software will likely to create lucrative opportunities for the market growth.
- Growing usage of college and university management software to improve enrolment rate
Admission is one of the most important process in college and university and different curriculums which may make the process more difficult. With a college and university management software system, they can shift from a manual to online admission approach and complete their activity without any difficulties. To get real-time updates regarding number of enrolments and the status of the admission process, this management software system by few clicks. The enrolment rate increased since the rate of inaccuracy and errors reduced. Thus, the growing usage of college and university management software to improve enrolment rate will likely to generate ample opportunities for the market growth.
Restraints
- Increasing security concerns may hamper the market growth
The usage of advanced technology in teaching is progressively unavoidable but with the assistance of the staff and academics, these advanced technology are successfully used in educational institutions such as college and universities. The college and university management software market's expected growth would be hampered by the increasing worries regarding security issues involving client information.
- Issues associated with college and university management software
The major problem associated with the college and university management software is to provide complete information regarding the college campus. In which the college students, staff members and parents can access the information and will be familiar with college and university campus. This is also one of the major factor which hampers the market growth rate.
This college and university management software market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the college and university management software market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global College and University Management Software Market Scope
The college and university management software market is segmented on the basis of deployment type and organization size. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Deployment Type
- On Cloud
- On Premise
Organization Size
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
College and University Management Software Market Regional Analysis/Insights
The college and university management software market is analyzed and market size insights and trends are provided by country, deployment type and organization size as referenced above.
The countries covered in the college and university management software market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the college and university management software market owing to the increasing adoption of advance technology coupled with new mode of education in this region. Moreover, increasing adoption rates of advanced technologies in college and university will further boost the market growth.
Asia-Pacific will continue to project the highest compound annual growth rate during the forecast period of 2023-2030 owing to increasing adoption of innovative and advanced technology coupled with growing support from government in this region. Furthermore, increasing Indian population indicates the major opportunity for the admission management software solution which will further boost the market growth.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and College and University Management Software Market Share Analysis
The college and university management software market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to college and university management software market.
Some of the major players operating in the college and university management software market are:
- Oracle (U.S.)
- MeritTrac (India)
- LIBSYS (India)
- Serosoft Solutions Pvt Ltd. (India)
- Iolite Softwares (India)
- Ellucian Company L.P. (U.S.)
- Adroit Soft India Pvt Ltd. (India)
- Flexiapps Solutions Pvt. Ltd. (India)
- Entab Infotech Pvt. Ltd. (India)
- CR2 Technologies Limited (India)
- Foradian Technologies. (India)
- Hobson & Company, Inc. (U.S.)
- Jenzabar, Inc. (U.S.)
- Creatrix Campus. (U.S.)
- Skolaro. (India), MasterSoft (India)
- Teachmint Technologies Pvt. Ltd. (India)
- Campus 365 (India)
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