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Admission Management Software Market Size, Share Global Analysis Report, 2022 – 2028
Admission Management Software Market Size, Share, Growth Analysis Report By Component (Software and Services), By Deployment Model (Cloud and On-premise), By Application (Primary and Secondary Schools, University, Research Institute and Training Institution), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028
Industry Insights
[212+ Pages Report] According to Facts and Factors, the global admission management software market size was worth USD 805.20 million in 2021 and is estimated to grow to USD 1387.99 million by 2028, with a compound annual growth rate (CAGR) of approximately 9.50% over the forecast period. The report analyzes the admission management software market's drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the admission management software market.
Market Overview
The admissions process and related operations are automated using admissions software. This software offers a quicker, more transparent way to retain records and use them in subsequent procedures. With the aid of single data input in the centralized database, student admission software assists schools with the admission procedure, admission form collection, listing, and admission of the students. The program streamlines the process, cuts down on the time and labor needed, and makes it possible to get information quickly with only a few clicks. Data handling at many levels has grown difficult. As a result, using an online admissions system is necessary.
The admission structure and related functionality are automated by admission software. Admission software is often integrated with the student management system, ERP system, school/college accounting module, or institute management software. The important factors anticipated to propel the admission management software market growth are rising acceptance of technological solutions by educational institutions, increasing desire for efficiency improvements, and lowering operational expenses.
COVID-19 Impact:
The new coronavirus outbreak significantly reduced student attendance. The COVID-19 epidemic has, nevertheless, produced promising opportunities for the admission management software sector. The increased usage of digital technologies across businesses, including the education sector, has been one of the significant effects of the epidemic. Online applications have replaced offline, in-person processes for admissions due to the closing of schools, colleges, and universities. As a result, admission management software is becoming more widely used.
Key Insights
- As per the analysis shared by our research analyst, the global admission management software market value is expected to grow at a CAGR of 9.50% over the forecast period.
- In terms of revenue, the global admission management software market size was valued at around USD 805.20 million in 2021 and is projected to reach USD 1387.99 million by 2028.
- The demand for the increased operational effectiveness of admission procedures in educational institutions, which fuels the demand for scalability in large and small educational institutions, is the key factor influencing the admission management software market.
- By deployment mode, the cloud category dominated the market in 2021.
- By application, the primary and secondary schools category dominated the market in 2021.
- The Asia Pacific dominated the global admission management software market in 2021.
Growth Drivers
- Escalating demand for scalability to drive market growth
The demand for the increased operational effectiveness of admission procedures in educational institutions, which fuels the demand for scalability in large and small educational institutions, is the key factor influencing the admission management software market. Furthermore, the complexity of the admission process has grown due to the increase in the percentage of students applying to colleges, schools, and universities, which has increased the demand for admission management software. The software automates the admissions process and its operations. In addition, the requirement to improve a company's operational effectiveness will be a key factor in boosting the growth of the admission management software market throughout the projected year. Additionally, the program aids in enhancing process speed, decreasing processing time, and facilitating quick information retrieval.
Restraints
- Rising security concerns may hinder the market growth
The use of technology in teaching is increasingly unavoidable. With the assistance of the academics and staff, this technology is successfully used. The market's expected growth would be hampered by the escalating worries about security issues involving client information.
Segmentation Analysis
The global admission management software market has been segmented into component, deployment mode, and application.
Based on components, the market is segregated into services and software. In 2021, the software segment dominated the global admission management software. This is because admissions handling solutions can help to improve the student inquiry to admission ratio and streamline the admissions process. These programs lessen manual intervention, eliminate the bother of paperwork throughout the application process, and automatically choose qualified individuals.
Based on deployment mode, the market is segregated into on-premise and cloud. In 2021, the cloud category dominated the global admission management software. The category is expanding due to the cloud's excellent student data security. Cloud solutions also have cheap investment requirements, are fully adaptable, and are scalable. It appears that the cloud also provides automated upgrades and greater storage capacity.
Based on application, the market is segmented into primary and secondary schools, universities, research institutes and training institutions. In 2021, the primary and secondary schools segment dominated the global admission management software. It is difficult for primary and secondary schools to assess applicants' ability as the number of school admissions rises significantly yearly. Numerous institutions worldwide have already deployed automated admission software to streamline operations and reduce expenses.
Report Scope
Report Attribute |
Details |
Market Size in 2021 |
USD 805.20 Million |
Projected Market Size in 2028 |
USD 1387.99 Million |
CAGR Growth Rate |
9.50% CAGR |
Base Year |
2021 |
Forecast Years |
2022-2028 |
Key Market Players |
Embark Corporation, Schoology, Ellucian Company LP, BlackBaud Inc., Creatrix Campus, Edunext Technologies Pvt. Ltd., Advanta Innovations, Campus Cafe, Hyland Software Inc., Orell TechnoSystems Pvt Ltd., Dataman Computer Systems Pvt Ltd., and Others |
Key Segment |
By Component, Deployment Model, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Recent Developments
- September 2019: Alfresco is a top platform and solution provider for content services, and Hyland just announced the company's successful acquisition.
Regional Landscape
- The Asia Pacific dominated the admission management software market in 2021
This is because most of the world's population lives in Asia. It is challenging to manage the procedures due to the region's significant enrollment of students in educational institutions. The region is so encouraged to adopt admission management software. In addition, many students are registered in various institutions because education is a basic human necessity. One of the main factors driving the market forward is the adoption of admission management software, which can be used to evaluate student applications based on several factors. The increase in admissions from other countries (international students) comes with obligations.
Competitive Landscape
Key players within the Global Admission Management Software market include
- Embark Corporation
- Schoology
- Ellucian Company LP
- BlackBaud Inc.
- Creatrix Campus
- Edunext Technologies Pvt. Ltd.
- Advanta Innovations
- Campus Cafe
- Hyland Software Inc.
- Orell TechnoSystems Pvt Ltd.
- Dataman Computer Systems Pvt Ltd.
The Global Admission management software Market is segmented as follows:
By Component
- Software
- Services
By Deployment Model
- Cloud
- On-premise
By Application
- Primary and Secondary Schools
- University
- Research Institute
- Training Institution
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Content
Industry Major Market Players
- Embark Corporation
- Schoology
- Ellucian Company LP
- BlackBaud Inc.
- Creatrix Campus
- Edunext Technologies Pvt. Ltd.
- Advanta Innovations
- Campus Cafe
- Hyland Software Inc.
- Orell TechnoSystems Pvt Ltd.
- Dataman Computer Systems Pvt Ltd.
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