Industry Background:
Alumni management software refer as the CRM which provides colleges and universities the means to stay in touch with alumni, organize alumni events, and coordinate fundraising and donation efforts. Alumni management software helps administrators maintain process and track donations, alumni contact information, plan fundraising initiatives, and organize alumni events and reunions. Alumni teams and other higher education administration members utilize alumni management software to manage all tasks. Alumni management software shares many kind of same features as CRM software, nonprofit CRM software, fundraising software, and donor management software but is tailored specifically for colleges and universities seeking to maintain alumni relations. Alumni Management Software may also integrated as with higher education information system
This growth is primarily driven by Lowest prize of alumni management software and Rapid increase in number of alumni associations.
Globally, a noticeable market trend is evident Rise in integration of CRM with alumni management software
. The Systems Software sector in the North America 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 almabase (United States), Campus Management (United States), Ellucian Company (United States), EverTrue (United States), Blackbaud (United States), Creatrix Campus (United States), Hivebrite (France), INTRAWORLDS (Germany), VeryConnect (United Kingdom) and Wild Apricot (Canada) 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:
Campus Management announced that Banff Centre for Arts and Creativity, selected Campus Management as its technology partner by licensing the CampusNexus Student and CampusNexus CRM solutions to maximize student success and expand student engagement. Banff Centre will implement CampusNexus Student and CRM, by leveraging the power of CampusNexus Cloud
Campus Management unveil their latest higher education innovations to support institutional modernization at the EDUCAUSE Annual Conference 2018 in Denver, Colorado. This includes showcasing the soon-to-be-released intelligent engagement platform, CampusNexus Engage, and a higher education digital assistant for CampusNexus solutions, built on the Microsoft AI Platform and using Microsoft Azure Machine Learning. Additionally, Campus Management is announcing the early adoption of the new Microsoft Higher Educ
Market Drivers
- Lowest prize of alumni management software
- Rapid increase in number of alumni associations
Market Trend
- Rise in integration of CRM with alumni management software
- Emergence of analytics with respect to the alumni management software
Restraints
- Threat of data privacy and security
- Complexity in user interface
Opportunities
Demand of efficient alumni network program and Increased social media integration with alumni management software
Challenges
Availability of software like open-source alumni and Lack of skilled person in handling the software
AMA Research follow 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 mostly 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 showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include 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, Alumni Management Software Study Sheds Light on
The Alumni Management Software Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Alumni Management Software industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Alumni Management Software industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey 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 value they currently claim, or capture the new addressable opportunity.