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.

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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