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The admission management software market analysis report compiled by market research analysts at Technavio predict that this sector will grow steadily at a CAGR of close to 11% by 2021. This market research analysis identifies the increase in number of educational institutions as one of the primary factors for the admission management software market growth. Owing to the increase in the number of educational institutions, there are thousands of applications sent by students from across the globe. This increases the demand for automating the whole admission process to ease various processes such as applicant tracking, following up, and fee payment management, which will in turn, fuel the growth of the admission management software market value.
The emergence of admission management app is one of the major admission management software market trends that will gain traction in the industry in the coming years. With applicant information scattered in multiple systems, it can be difficult for the admission staff in colleges and universities to access applicant summaries to make timely admission-related decisions. This will demand the need for admission evaluation app to enable easy and well-informed admission-related decisions and also gain visibility into the entire admission process.
The admission management software market is witnessing huge competition in terms of the development of new software. Intense competition, rapid technological advancements, and technological obsolescence create significant risks for vendors. The lack of better infrastructures and high implementation costs are the major barriers for new entrants. To survive and succeed in this highly competitive environment, it is imperative for the vendors to distinguish their offerings from a clear and unique value proposition.
The leading vendors in the market are -
The other prominent vendors in the market include Advanta Innovations, Campus Café Software, Candour Systems, Creatrix Campus, Dataman Computer Systems, Eduleap, Edunext Technologies, eduZilla.in, Embark, Finalsite, Liaison, MasterSoft, S B Enterprises, School Automation Software, Schoolsoftwares.com, SCHOOL-ALARM.COM, School Management Software, Simple Apply, SchoolAdmin, SevenM Technologies, Snowman Software, TechnoDG, Oréll, and Rudra Softech.
During 2016, the cloud-based segment accounted for the major shares of this marketspace. This model does not require additional hardware or software and is cheap and easy to access even from remote areas. Additionally, the cloud-based offerings reduce the need for upgradation and maintenance costs, which will again increase their popularity in the coming years.
The admission management software helps campuses improve efficiency, information storage, and the speed of admissions and also improves the transparency and student experience. This market study estimates that with the presence of top-rated schools, colleges, and universities in the world, the Americas will be the major revenue contributor to this market throughout the predicted period.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by deployment model
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Buying criteria
PART 13: Vendor landscape
PART 14: Key vendor profiles
PART 15: Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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