Rapid Growth and Government Support Drive Academic Scheduling Software Market to Reach $35.2 Billion by 2032

The market for academic scheduling software is expected to reach US$ 35.2 billion with a compound annual growth rate (CAGR) of 13.7% between 2022 and 2032. In the next years, the market expansion is probably going to be fueled by the increasing assistance from many governments. In 2022, the sector is anticipated to generate US$ 9.8 billion.

The growing use of academic scheduling software in different educational institutions, such as colleges, universities, and schools, is the main factor propelling the global market for this software. Over the course of the forecast period, it is anticipated that the global academic scheduling software market will grow considerably due to factors including an increase in the number of hosted service providers and academic scheduling companies.

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.   

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  

“Technological advancements in the educational sector across the globe are expected to fuel the demand of absorbent glass mat (AGM) battery market over the forecast period,” remarks an FMI analyst. 

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.  

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)