The global academic scheduling software market was valued at USD 8.5 Billion in 2021. It is likely to register a Y-o-Y of 15.0% to be valued at USD 9.8 Billion in 2022. The remarkable growth can be credited to the growing support from various governmental organizations, the market is likely to propel to USD 35.2 Billion by 2032. The trade is projected at a 13.7% CAGR during the projected timeframe.
Growing internet usage, availability of mobile learning applications, and implementation of latest technologies is expected to boost the market growth over the forecast period.
| Attributes | Details |
|---|---|
| Global Academic Scheduling Software Market CAGR (2022 to 2032) | 13.7% |
| Global Academic Scheduling Software Market (2032) | USD 35.2 Billion |
| Global Academic Scheduling Software Market Attraction | Technological advancements in the educational sector across the globe are expected to drive the market in the forecast period. |
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Digitalization to boost the growth academic scheduling software market in the coming years.
The rising adoption of smartphones and internet penetration, the need to optimize performance by saving time, and growth in the need to reduce administration are the major factors that drive the growth of the global academic scheduling software market.
In addition, the adoption of artificial intelligence and natural language processing integration in academic scheduling software is anticipated to offer significant opportunities in the market. The adoption of academic scheduling software is highest in schools. Large and small organizations are anticipated to gain benefits from academic scheduling as it is becoming more popular.
Rising development in scheduling software and the addition of new features will grow the demand and are anticipated to foster the market growth on a large-scale in near future. For instance, Internet penetration has accounted for 63% of the world’s total population and is projected to grow extensively during the forecast period, which is expected to drive this market prominently.
High costs related to academic scheduling software technology compared to the other low-cost alternatives may impede the growth of the market in the coming years. Cloud-based or web-based academic scheduling software is usually expensive compared to manual systems.
Consequently, small enterprises are facing problems in adopting the software successfully. However, software companies are currently focusing on providing user-based customized software that is expected to help reduce the cost of cloud-based or web-based academic scheduling software in the future.
Further, availability of limited customization option and lack of technical knowledge is added key factor that may affect industry expansion in the near future. Addition to this, shortage of human resources is key challenge that can restrict the market growth.
Principal Consultant
In deployment, cloud-based segment is estimated to acquire substantial market share through 2032. This segment is expected to register a notable CAGR of 13.6% from 2022 to 2032. The segment is witnessed a CAGR of 14.8% during the timeframe of 2015-2021.
The rising incorporation of cloud-based solutions has transformed the way of academic scheduling used in educational institutes. Various small & medium-sized institutions emphasize on cloud solutions to cut their operational costs and improve effectiveness in academic scheduling.
Cloud-based academic scheduling software will help you manage all the different aspects of your academic schedule like a class schedule for your college or university also one can set a special meeting for a particular subject and it allows you to keep track of all your information in one place. For example, it lets you assign a class to each student, as well as their schedules for each subject.
You can also copy your schedule to other weeks and edit it as needed. These benefits will help you to stay organized and maximize your time Therefore, the rapid adoption of cloud-based academic scheduling software in educational organizations is positively impacting the growth of the market worldwide. On the other hand, the web-based segment is expected to record significant growth due to its limited flexibility.
As per the analysis, by end-user industry, the school’s segment is expected to lead the market during the forecast period. The segment is anticipated to have witnessed a 15.0% CAGR from 2015 to 2021. Whereas, during the forecast period, the segment is estimated at a 13.7% CAGR. Academic scheduling software solutions are rapidly being implemented across schools worldwide to manage their operations.
The rising usage of mobile devices such as tablets, mobile, & laptops and improvement in networking solutions including broadband and Wi-Fi create notable market demand. The rising application of academic scheduling software in education institutes and universities segment is expected to gain significant revenue growth over the forecasted period.
North America is expected to gain higher market share the global academic scheduling software market by 2032. The market is likely to reach USD 12.6 Billion at CAGR of 13.4% from 2022 to 2032. The remarkable industry augment in the region is due to growing demand for academic scheduling solutions & services equipped with emerging technologies such as artificial intelligence, cloud computing, and machine learning.
Moreover, shifting various end-use companies’ preference towards cloud-based academic scheduling software owing to its scalability and flexibility. Further, the demand for academic scheduling software in Latin America and Middle East & Africa is expected to grow at a moderate speed led by increasing investment in education sector.
Europe holds for a noteworthy share of the global academic scheduling software market. Complex scheduling requirements by schools, and notable digitization in education sector in Europe is contributing to the academic scheduling software market expansion.
Asia Pacific region is anticipated to be expand at considerable pace from 2022 to 2032. China is likely to contribute majorly in the development of the market. China is estimated at USD 2.5 Billion, expanding at a 13.0% CAGR during the forecast period. Further, supportive government initiatives for education sector in other countries like Japan, India, and South Korea will further boost the market growth.
Growing demand for advanced technology products and penetration of global players in the region and increasing strategic partnerships and investments by players operating in the region are expected to fuel demand for the academic scheduling software market. Also, increasing technology providers offering ERP-based solutions for universities, public & private schools, and management schools positively impact the market growth.
Further, Japan is identified as another key player in the Asia Pacific region. As per analysis, the country is expected to register a CAGR of 12.0% from 2022 to 2032 and reach at USD 2.1 Billion. The progress of the country in market is due to shifting focus of educational institutions on data-driven decision making and enhance student experience.
The South Korea & UK are estimated to be valued at USD 1.3 Billion and USD 1.4 Billion respectively. The growth rate of South Korea is estimated to be 11.4% whereas of UK is 12.3% from 2022 to 2032.
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| Countries | Estimated CAGR |
|---|---|
| USA | 13.4% |
| UK | 12.3% |
| China | 13.0% |
| Japan | 12.0% |
| South Korea | 11.4% |
Eminent players in 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:
The global academic scheduling software market is likely to value USD 8.5 Billion in 2021.
The global academic scheduling software market is estimated to grow at a CAGR of 13.7% from 2022 to 2032.
The global academic scheduling software market is predicted to procure USD 35.2 Billion from 2022 to 2032.
The Deployment segment is projected to expand at a 13.6% CAGR during the forecast period.
The end-user segment is likely to exhibit a 13.7% CAGR from 2022 to 2032.
The USA market is expected to garner USD 12.6 Billion while expanding at a 13.4% CAGR from 2022 to 2032
1. Executive Summary 2. Market Overview 3. Market Risks and Trends Assessment 4. Market Background and Foundation Data Points 5. Key Success Factors 6. Global Academic Scheduling Software Market Demand Analysis 2015 to 2021 and Forecast 2022 to 2032 7. Global Academic Scheduling Software Market Value Analysis 2015 to 2021 and Forecast 2022 to 2032 8. Global Academic Scheduling Software Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Deployment 8.1. Cloud-Based 8.2. Web-Based 9. Global Academic Scheduling Software Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By End-User Industry 9.1. Schools 9.2. Colleges 9.3. Universities 9.4. Educational Institutions 10. Global Academic Scheduling Software Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region 10.1. North America 10.2. Latin America 10.3. Europe 10.4. Asia Pacific 10.5. Middle East and Africa (MEA) 11. North America Academic Scheduling Software Market Analysis 2015 to 2021 and Forecast 2022 to 2032 12. Latin America Academic Scheduling Software Market Analysis 2015 to 2021 and Forecast 2022 to 2032 13. Europe Academic Scheduling Software Market Analysis 2015 to 2021 and Forecast 2022 to 2032 14. Asia Pacific Academic Scheduling Software Market Analysis 2015 to 2021 and Forecast 2022 to 2032 15. Middle East and Africa Academic Scheduling Software Market Analysis 2015 to 2021 and Forecast 2022 to 2032 16. Key Countries Academic Scheduling Software Market Analysis 2015 to 2021 and Forecast 2022 to 2032 17. Market Structure Analysis 18. Competition Analysis 18.1. ASIMUT SOFTWARE APS 18.2. COLLEGENET 18.3. DRIVERS ED SOLUTIONS 18.4. EMS SOFTWARE 18.5. FORADIAN TECHNOLOGIES 18.6. SAPPHIRE SOFTWARE 18.7. SCHILLING CONSULTING 18.8. SCHOLASTICO 18.9. Applied Software Consultants 18.10. Bullet Solutions 19. Assumptions and Acronyms Used 20. Research Methodology
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Academic Scheduling Software Market
