New York, Global Academic Software Market was valued at US$ 0.8 billion in 2021 and it is anticipated to grow up to US$ 2.7 billion by 2031, at a CAGR of 12.7% during the forecast period.
The global academic software market report from Global Insight Services is the single authoritative source of intelligence on Academic Software Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Any application designed to facilitate teaching and learning can be called academic software. Academic software is a modern workplace deployment solution where every type of user (staff, student, teacher, researcher) can access, deploy and license the tools they need through the single sign-on of their institution. Users can use the software to create educational content, manage online courses, track the attendance of teachers and students and collect course fees. Academic software usually provides a common digital platform to both students and teachers. Students often use these products to access course materials, participate in group studies & discussion forums, and submit assignments
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Market Drivers and Trends
Over the past few years, educational institutions have sought academic software solutions to enhance or replace their existing systems. Educations institutions are acquiring and integrating components such as the student information system (SIS), a financial and human resources and payroll system from another, and a research administration system from yet another. Education institutions adopt these advanced SIS tools to achieve higher efficiency, flexibility, effectiveness, competitiveness, and agility. These educational institutions are tailoring their administrative infrastructure systems to maximize their return on investment. Thus, SIS tools are most economical, less complex, and easily available.
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Global Academic Software Market Segmentation
By Deployment Type
- Cloud-Based
- On-Premise
By Application
- Colleges and Universities
- Educational Services
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Major Players in the Global Academic Software Market
The key players studied in the global academic software market are Alma (US), CAMPUS CAFÉ SOFTWARE (US), ConexED (US), Envisio Solutions Inc. (Canada), Full Fabric (UK), PowerVista Software, Inc. (US), Qualtrics (US), Tophatmonocle Corp. (Canada), TrueDialog (US), and WizeHive, Inc. (US).
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