Global K-12 Software Market Size By Product (Cloud-based, On-premises), By End-User (Colleges And Universities, Educational Services), By Geographic Scope And Forecast

K-12 Software Market Size And Forecast

K-12 Software Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2022 to 2030.

The rising need to streamline the operations of the school and management of various aspects of educational institutes by K-12 software is expected to drive the market over the predicted years. The Global K-12 Software Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global K-12 Software Market Definition

K-12 software is an application that streamlines operations and student management of public & private kindergartens as well as primary, middle, and high schools. It incorporates social learning, assessment & reporting, approvals, workflows, group collaboration, course planning, parent communication, and analytics. Features of K-12 software are Classroom Management, Student Information / Records, Attendance Tracking, Communication Management, Progress Reports, Curriculum Management, Enrollment Management, Skill Testing, and Financial Management.

Global K-12 Software Market Overview

The rising need to streamline the operations of the school and management of various aspects of educational institutes by K-12 software is expected to drive the market over the predicted years. Additionally, technological advancements in this segment expect a boost to the market in the coming years. Additionally, several benefits offered by K-12 software are predicted to fuel the market during the forecasted period. The expansion of smart gadgets and the penetration of internet access fuel market growth. The growing awareness of the benefits of incorporating cutting-edge technologies into educational systems is also fueling market expansion.

Institutions can improve their operational efficiency by implementing K-12 digital solutions. ERP technologies are replacing traditional school management practices. Adopting a school management system provides numerous advantages to every educational institution. This system has greater security, storage, control, and ad capacity. Administrators can benefit from real-time access. The school management system enables quick and effective decision-making. The educational industry has a high level of operational complexity. It increases the staff’s workload. However, with the installation of a school administration system, the workload in the education sector is decreasing.

Global K-12 Software Market Segmentation Analysis

The Global K-12 Software Market is segmented on the basis of Product, End-User, and Geography.

K-12 Software Market, By Product

• Cloud-based• On-premises

Based on the Product, the market is classified into Cloud-based and On-premises. Based on the product, the cloud-based segment holds the largest market share as it enables users to access data from remote locations.

K-12 Software Market, By End-User

• Colleges and Universities• Educational Services

Based on the End-User, the market is bifurcated into Colleges and Universities and Educational Services. Based on the end-user, both Colleges and Universities and Educational Services are predicted to grow with the highest CAGR owing to several benefits offered by K-12 software.

K-12 Software Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

Based on Geography, the Global K-12 Software Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The largest share in the market will be dominated by the Asia Pacific due to the growing number of educational institutes and colleges in this region.

Key Players

The “Global K-12 Software Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are PCR Educator School Management System, Naviance, Renaissance Star 360, Quick School Manager, K-12 School Management & Administration Software, MySchoolr, Serenic Navigator for K-12 Education, eSchool, Keep Schoolin, SIPSNITYA.

Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• On Feb 2022, PowerSchool Announces Naviance Solution Enhancements to Assist Educators and Students in Making Informed College, Career, and Life Readiness Decisions.

• On Mar 2022, SIPSNITYA K-12 solution comprised SIPSNITYA visits and appointments. This interface enables institutions to handle all visits and meetings more professionally, particularly with parents and visitors at the gate.

Report Scope

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We'll take a good, hard look at the market, digging into both the money side and other stuff that matters, breaking things down into different groups. You'll get market values in USD Billion for each of these groups and subgroups. We'll also point out the regions and segments that we think will grow the fastest and be the biggest. You'll see how different regions are using the product/service and what's impacting the market there. Plus, we'll map out the competition, showing you who's on top and what they've been up to lately – new stuff they've launched, who they've teamed up with, and any big moves they've made in the last five years. We'll also give you detailed profiles of the major players, covering what they're all about, what makes them tick, how their products stack up, and their strengths and weaknesses (SWOT). We'll give you our take on where the market is now and where it's headed, considering recent happenings (like growth opportunities, what's driving things forward, and what's holding things back in both new and established areas). We’ll also include an in-depth market analysis using Porter's Five Forces. You'll get a feel for the market's value chain, the market dynamics, and where the future growth opportunities lie. Oh, and we'll throw in 6 months of analyst support after the sale.

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