Admission Management Software Market Size - Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2024 – 2032

Admission Management Software Market Size - Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2024 – 2032

Admission Management Software Market

Admission Management Software Market size is projected to expand at substantial CAGR from 2024 to 2032, due to the rising need to improve the operational efficiency of admission procedures in schools, colleges, universities, and research institutes. With the surge in the number of students seeking admission, the management processes involved in admission have grown more complex. Therefore, the adoption of software solutions for handling the growing volumes of admissions data is increasing.

Benefits, such as improved speed, efficiency, and cost-effectiveness will further drive the industry expansion. In addition to automating the admission structure, admission software is dynamic and customizable, allowing educational institutes to save human efforts and labor costs. The ability of the software to perform registrations simultaneously will continue to drive its adoption in the coming years. However, the skyrocketing prices of essential commodities, including stationary and other education supplies, can make it difficult for people living in developing and underdeveloped economies to meet the education expenses, further hampering the industry growth to some extent.

Admission Management Software Market Trends

The increasing adoption of automation, digitization of admission processes, and the integration of AI for enhanced decision-making will also boost the industry growth. Furthermore, the demand for cloud-based solutions is on the rise for providing flexibility and accessibility. According to World Bank, in 2022, the secondary school enrollment in India reached 78.81%, and is anticipated to rise in 2024, due to increasing reforms in the education sector. The growing focus on data analytics to gain insights into enrollment patterns and the rising need for seamless communication between educational institutions and applicants will positively influence the market demand.

Admission Management Software Market Analysis

Admission management software industry from the cloud deployment segment is poised to rise at significant CAGR through 2032, owing to their enhanced accessibility, scalability, and cost-effectiveness. Cloud-based solutions facilitate seamless integration, real-time updates, and efficient data management for serving the evolving needs of educational institutions. The rising demand for remote learning solutions and the emerging trend of cloud adoption in education sector will favor the segment growth.

Based on application, the admission management software market from the primary and secondary school segment will substantially grow between 2024 to 2032. The exponential rise in school admissions has made it challenging for primary and secondary schools to evaluate the potential of applicants. The deployment of automated admission software in numerous schools across the globe to optimize operations and save costs will further augment the segment revenue.

According to National Center for Education Statistics, the rate of undergraduate enrollment is estimated to increase by 9% in the U.S. between 2021 and 2031. This surging rate of school enrollment is presenting an opportunity for both local and international admission management software providers to innovate new solutions for capturing market share and expanding their presence across various states.

North America admission management software market is predicted to grow substantially up to 2032, attributed to the high adoption rate of digital technologies and the ongoing transformation of the existing education infrastructure. The presence of established companies and the emergence of new players in the region will fuel the adoption of admissions management solutions. Additionally, supportive government policies, along with the visible surge in investments in the education sector will drive the regional market expansion. According to National Center for Education Statistics, the current expenditure on education is slated to increase 13% to US$701 billion, between 2015–16 and 2028–29.

Admission Management Software Market Share

Leading companies operating in the admission management software industry are adopting various business expansion strategies, such as partnerships, and mergers & acquisitions while focusing on R&D initiatives to increase their market footprint. For instance, Ellucian Company, L.P. is actively specializing in providing software, technology management, cloud services, management consulting, and analytics solutions.

Some of the major admission management software companies are

• Embark Corporation
• Advanta Innovations
• Campus Café
• Hyland Software Inc.
• Schoology
• Ellucian Company LP
• BlackBaud Inc.
• Creatrix Campus
• Edunext Technologies Pvt. Ltd.
• Orell TechnoSystems Pvt Ltd.
• Dataman Computer Systems Pvt Ltd.

Admission Management Software Industry News

• In October 2022, Ellucian and Higher Digital, a leader in digital transformation management for higher education, announced a strategic partnership to expedite and improve the transition to cloud, modernize business processes, and integrate systems for colleges and universities.

What Information does this report contain?

Historical data coverage 2018 to 2023; Growth Projections 2024 to 2032.

Expert analysis industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.

6-7 year performance forecasts major segments covering applications, top products and geographies.

Competitive landscape reporting market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.