The global academic scheduling software market is estimated to garner US$ 35.2 Billion while exhibiting a 13.7% CAGR during the forecast period ranging from 2022 to 2032. The growing support from several governments is likely to fuel the market growth in the coming years. The industry is expected to secure US$ 9.8 Billion in 2022.
The global academic scheduling software market is primarily driven by its increasing application across various educational institutes like schools, colleges, and universities.
Due to factors such as an increase in the number of academic scheduling and hosted service providers, the worldwide academic scheduling software industry is predicted to rise significantly over the forecast period. The demand for academic scheduling software is being driven significantly by the rapid digitalization of an expanding number of internet users.
The cloud-based segment is likely to offer remunerative opportunities for the global academic scheduling software market. Several emerging economies are making significant developments in their educational sector, thereby, providing lucrative opportunities to players in the market.
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Key Takeaways:
- By deployment, the cloud-based segment is expected to record a 13.6% CAGR by 2032
- By end-user industry, the schools segment to expand at a 13.7% growth rate during the forecast period
- The U.S market to garner US$ 12.6 Billion and record a 13.4% CAGR from 2022-2032
- Market in China to procure US$ 2.5 Billion, expanding at a 13.0% growth rate during the assessment period
Competitive Landscape
Eminent players of the global academic scheduling software market include ASIMUT Software APS, CollegeNET, Drivers Ed Solutions, EMS Software and FORADIAN Technologies among others. Recent key developments among players include:
- In January 2022 -CollegeNET, Inc., a leading provider of web-based on-demand technologies for higher education, released the 2021 Social Mobility Index (SMI). The SMI benchmarks four-year U.S. colleges and universities according to how effectively they enroll students from low-income backgrounds and graduate them into good-paying jobs. The 2021 SMI includes 1,549 four-year institutions.
- In September 2021- ASIMUT software ApS announced a major upgrade of its industry-standard room booking and event management software for arts colleges, ASIMUT 3.0, to replace the previous second-generation introduced 13 years ago, back in 2008, that has seen 29 updates over time.
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More Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the global academic scheduling software market presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.
The study reveals essential insights on the basis of Deployment (Cloud-based, Wed based)) by End-user industry (schools, Collages, universities, Educational institutes), and Region (North America, Europe, APAC, MEA and Latin America)
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