Admission management software market forecast to witness phenomenal growth opportunities by 2025

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Admission Management Software market share
research by applications and regions for
2019-2025 Global Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Overview of Admission Management Software market

• APAC is expected to hold a significant portion of
  the admission management software market due to
  the increasing number of students seeking
  admissions, which leads to a surge in the demand
  for admission management software among academic
  institutions. Rising investments in the education
  sector in the countries including India, China,
  Singapore, and Malaysia will spur the market
  growth. According to the India Brand Equity
  Foundation (IBEF), the higher education segment
  of India is expected to increase to USD 35.03
  billion by 2025 that will increase the number of
  students seeking admissions, spurring the market
  growth.
• According to IBEF, the internet penetration in
  India was 46.13 till December 2018, contributing
  to the rise in the uptake of web applications to
  manage the admission process. Favorable
  government initiatives for the development of the
  education sector and increasing Foreign Direct
  Investments (FDI) in the sector will lead to the
  growth of the admission management software
  market. For instance, the Indian government
  allowed 100 Foreign Direct Investment (FDI) in
  the education sector since 2002 and up to
  December 2018, the education sector has received
  cumulative FDI worth USD 2.21 billion.

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• Admission Management Software Market size is
  expected to grow significantly over the forecast
  period due to increasing number of admissions in
  academic institutions and growing demand among
  such institutions to reduce the complexity in
  managing the admission process. The admission
  management system offers several benefits, such
  as 24/7 availability and reduced paperwork and
  automates the admission process from inquiries to
  delivering reports, due to which the demand for
  this software is increasing rapidly.
• Admission management software helps in making the
  admission process smoother and quicker for both
  schools and parents as it enables school
  authorities to handle students basic details and
  generate reports to provide statics of student
  information. It enables educational institutes to
  keep a track of prospectus sale, assign the
  course/class, section roll number to the
  student, refundable security deposit, and
  one-time registration fee, helping them to keep
  records and use them for further processes. As
  schools and universities globally are demanding
  an integrated solution to simplify the admission
  process and manage a vast amount of
  student-related information, the demand for
  integrated admission management software will
  increase over the forecast timeline. Admission
  management software providers are offering an
  integrated solution, which combines Enterprise
  Resource Planning (ERP) system, student
  management system, school/college accounting
  module, and institute management software in a
  single software to simplify the whole admission
  process.

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• Europe is expected to show rapid growth over the
  forecast period due to favorable government
  initiatives, such as imposing regulations and
  increasing investments, in the education sector.
  The U.K. government has placed statutory
  regulations, such as General Data Protection
  Regulation (GDPR) and Higher Education Statistics
  Agency (HESA), on higher education policy that
  lead to the adoption of admission management
  software as it is compliant with these
  regulations. For instance, Nelson College London
  is using admission management software of
  Ellucian Quercus that is tightly aligned to the
  U.K. higher education policy regulations.
  Increasing investments in the education sector
  will lead to a rise in the number of students
  getting admissions that will have a positive
  impact on the growth of the admission management
  software market. For instance, in 2016, the
  German government invested around USD 299.6
  million in the education sector and in 2017
  investment increased to around USD 139.5 billion.
• The companies operating in the admission
  management software market are involved in
  increasing their global presence through
  geographic expansion. For instance, in June 2018,
  Blackbaud Inc. opened a new office in Costa Rica
  (Central America) to expand its presence in the
  Latin American market. Some companies are
  entering into partnerships with colleges to gain
  more customers.

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• For instance, in November 2018, Ellucian Company
  L.P. entered into a partnership with Nelson
  College of London to provide solutions for
  managing students data that further assist in
  their success and institutional growth. Companies
  are focusing on new product developments and
  enhancing the features of their existing
  solutions. For instance, in October 2018,
  Blackbaud Inc. introduced Cloud Solution for
  higher education that enables academic
  institutions to manage complete student
  information.
• Some of the companies operating in the admission
  management software market are acquiring other
  players to increase their product features. For
  instance, in September 2017, Leeds Equity
  acquired a product portfolio of Hobsons, Inc.
  that deals in the constituent relationship
  management ("CRM") and application management.
  The acquired product portfolio consists of
  Radius, ApplyYourself, AppReview, and Connect
  Retain product lines that advance admission
  management software to serve higher education
  institutes. The players operating in the market
  are Embark Corporation, BlackBaud Inc., Hyland
  Software Inc., Ellucian Company LP, Creatrix
  Campus, Advanta Innovations, Edunext Technologies
  Pvt. Ltd., Campus Cafe, Dataman Computer Systems
  Pvt. Ltd., Orell TechnoSystems (India) Pvt. Ltd.,
  and Schoology.

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Methodology

• Market
  research reports Key analytical components

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