Market Overview
The Admission Management Software Market is predicted to grow by an increase of 10.15 percent during the period between 2021 through 2026. With the growing number of students applying to educational institutions like colleges, schools as well as universities, the administration of admissions has become more complex. Manually managing the admission procedure promptly and accurately is becoming difficult. The management of information at different levels has grown difficult. This is why the demand to use admission management programs is growing.
- Admission management software simplifies admission procedures and functions that are related to it. The software offers a speedier process of keeping records and using them in other systems.
- Additionally, universities and schools worldwide are joining their technological portfolios into integrated software. Thus, the admissions management system is typically connected to the accounting for schools and colleges module ERP system and the student management system and institute management applications.
- The market for admission management software is primarily driven by the growing need to improve the efficiency of admission procedures within schools of higher education. Since making real-time and admission decisions is becoming more complex, the need for software to manage entries is likely to rise.
- The volume of data points is increasing substantially, as has the necessity for unified management of the data being produced. But it also raises security issues due to the increasing number of security risks and breaches that may hinder the market’s growth.
| Admission Management Software Market Report Scope and Segmentation | |
| ATTRIBUTES | DETAILS |
| ESTIMATED YEAR | 2022 |
| BASE YEAR | 2021 |
| FORECAST YEAR | 2030 |
| HISTORICAL YEAR | 2017-2021 |
| UNIT | Value (USD Million/Billion) |
| BY REGION | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Scope of the Report
Students’ admission software aids institutions in the admission process, including admission form gathering, listing, and admitting students through one data entry in the central database. The software speeds up the process by reducing the amount of time and labor required and allowing access to information quicker with only one click.
| By Application | |
| Primary and Secondary Schools | |
| University | |
| Research Institute | |
| Training Institution |
| By Deployment | |
| Cloud | |
| On-premises |
Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Italy
- France
- UK
- Spain
- Poland
- Russia
- The Netherlands
- Norway
- Czech Republic
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Malaysia
- Thailand
- Singapore
- Australia & New Zealand
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Colombia
- Rest of South America
- The Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Northern Africa
- Rest of MEA
Key Market Trends
School Segment Projected to Offer Significant Opportunities
- The segment for schools in the market being studied is predicted to present huge possibilities for software to manage admission because the number of school applications is growing yearly. It’s becoming increasingly tricky for secondary and primary schools to offer the best option after considering applicants’ potential in real-time, based on specific factors.
- Many schools have successfully implemented admission management software and have gained rewards. One school in the United States has deployed the software and managed to get a greater than 62% ROI on investment in under three years. This suggests that the program is not just cost-effective to deploy but also has the capability of optimizing operations and recouping the asset at a fast speed.
- The school could reduce more than 12,500 production hours for its employees and ultimately over USD 228,000 on labor-related costs due to the unification of its technology portfolio into a single solution. This was possible due to significantly reducing the amount of labor needed to verify and manage data entry.
Asia-Pacific to Observe the Most Exciting growth
- The Asia-Pacific region is anticipated to see the most growth over the forecast time because the part has the most significant portion of the world’s population. Additionally, as education is a vital human requirement, the number of students at various educational schools is staggering.
- Additionally, the growth of the Indian population suggests the enormous possibility for admission management software, as this solution can manage not only admissions procedures but also handle the interface between parents and students.
- Alongside colleges, the region’s schools and universities face similar admissions issues. The increase in the number of admissions from foreign countries (international students) is bound by certain obligations; evaluating student applications based on varying parameters is a challenge, which can be catered to by the deployment of the admission management software, which is one of the major factor driving the market forward.
Competitive Landscape
The market for admission management software is highly competitive due to the number of big and small players operating across different locations. The market is somewhat concentrated, with the major players using strategies that include innovation in service, product design, and expansions. Some of the most prominent players in the market include Ellucian Company LP, BlackBaud Inc., Unit4, Momentive, TargetX, and Hyland Software Inc., among others.
Major Players
- Ellucian Company LP
- BlackBaud Inc.
- Unit4
- Momentive
- Target
- Hyland Software Inc.
- Embark Corporation
- Creatrix Campus