Industry Background:
Academic advising is a very interactive that helps the student to set and achieve their academic goals, obtain relevant information and services, and hence make responsible decisions that are consistent with their interests, abilities, goals, and degree requirements. The academic advising software helps the counselors at the higher education institutions and schools to plan out the academic programs for the students and also guide them towards their postsecondary goals. The software products mainly contain features that simplify the different tasks that an advisor has to manage, which include the meeting schedule, creation of course plan, dashboards for the purpose of monitoring the student’s academic performance, and the notifications that proactively flag the at-risk students. The advising tools also have the note-taking functions which permit the advisors to keep the records of the meetings, make notes on the progress of a student, and also schedules respective follow-ups.This growth is primarily driven by High Demand Due to the Ability to Provide High Quality, Rapid, Accurate, Real-time Data
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Application Software sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Campus Labs (India), Hobsons, Inc. (United States), Panorama Education (United States), Ellucian (United States), Jenzabar (United States), 12Twenty (United States), Skyward (United States), Aviso Retention (United States), ProRetention (India), Civitas Learning (United States) and EAB (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In September 2021, Anthology, a prominent provider of established solutions for higher education that cater to the complete learner journey, and Blackboard, a leading global EdTech company offering software and solutions, officially declared a definitive agreement to merge their operations. This strategic combination aims to establish the most comprehensive and contemporary EdTech ecosystem on a global level. The merger has been carefully designed to expedite the transformation of educational institutions, ultimately improving the learner experience and fostering success for both students and institutions.
In January 2023, Sibros, a company specializing in connected vehicle technology, implement its over-the-air software and data management solutions on Marelli's forthcoming Cockpit Domain Controller (CDC) Unit. This collaboration aims to leverage Sibros' expertise in providing advanced software and data management solutions for vehicles, enhancing the capabilities of Marelli's next-generation CDC Unit. The integration of Sibros' solutions into Marelli's CDC Unit will contribute to the development of cutting-edge connected vehicle technology.The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Influencing Trend:
Rising Demand for Better Learning and Access of Data from the Education Industry
Market Growth Drivers:
High Demand Due to the Ability to Provide High Quality, Rapid, Accurate, Real-time Data and Increase in the Number of Students Opting for Counselling Hence Growing the Demand of the Market
Challenges:
Availability of New Advanced Technologies and Demand for High-End Processors
Restraints:
Specific Data Processing for Specific Software
Opportunities:
Growth in the Use of Cloud-Based Platforms
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Academic Advising Software Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Academic Advising Software Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Academic Advising Software players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Academic Advising Software Study Sheds Light on
The Academic Advising Software Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Academic Advising Software industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Academic Advising Software industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.