This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the academic software industry. The report analyzes and declares the historical and current trends analysis of the academic software industry and subsequently recommends the projected trends anticipated to be observed in the academic software market during the upcoming years.
The academic software market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire academic software market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the academic software industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the academic software industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the academic software market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the academic software industry. The academic software market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the academic software sector. Key strategic developments in the academic software market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the academic software market are appropriately highlighted in the report.
Significant growth in the number of students has been observed around the world. The number of students traveling abroad has been rising and the destination sources are also diversifying. The number of young people entering the peak education ages has increased in recent years, owing to growth in the global population. Further, developing countries are experiencing a tremendous increase in the number of students opting for higher education. To manage the student and alumni data, educational institutes are deploying new administrative software. Educational institutes, using administrative management software, can efficiently manage crucial data. This has created awareness among other institutes which in turn has increased the demand for academic software. The rising demand from educational institutions has been a primary factor in driving the growth of the academic software market.
Additionally, rising importance for student management, learning management has further increased the deployment of specific application academic software.
The academic software market research report delivers an acute valuation and taxonomy of the academic software industry by practically splitting the market on the basis of different offerings, applications, end-users and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the academic software industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the academic software industry is provided for the leading economies of the world.
The academic software market is segmented based on offerings, applications, and end-users. On the basis of offering segmentation, the market is classified into solutions and services. In terms of application segmentation, the market is bifurcated into library management, submission, and evaluation management, learning management, alumni management, student management, and others (appointment scheduling, performance management). On the basis of end-user segmentation, the market is categorized into retail, technology/hi-tech institutions, government, hospitality, healthcare, banking, financial services, and insurance, and others.
Some of the essential players operating in the academic software market, but not restricted to include AGB OnBoard, Award Force, Blackboard Inc., CAMPUS CAFÉ SOFTWARE, Campus Calibrate, D2L Corporation, Edvance360, Envisio, Ex Libris Ltd., FULL FABRIC, Hyland Software, Instructure, Inc., Poll Everywhere, Populi, PowerVista Software, Inc., Qualtrics, SurveyMonkey Apply, Thinkific, Tophatmonocle Corp., TrueDialog, Wizehive, and Others.
Key Insights from Primary Research
Key Recommendations from Analysts
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