Higher Education CRM Software Market Insights, Top Key Players Growth, Business Statistics, and Analysis Forecast 2023 to 2028
Higher Education CRM Software Market Insights, Top Key Players ... Digital Journal
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Global Higher Education CRM Software Market Scope and Overview Report 2023
Focuses on the adoption of Emerging Technologies and Highlights Innovative Strategies aimed at boosting revenue generation and expanding market share by 2028
PRESS RELEASE
Published July 19, 2023
The global “Higher Education CRM Software Market” is a rapidly growing industry that focuses on the adoption of emerging technologies and innovative strategies to boost revenue generation and expand market share. This report, which falls under the Information and Communication Technology and Information Technology industries, provides a comprehensive analysis of the market’s current situation, major industry players, developing trends, and promising growth opportunities in the future. The report also emphasizes the importance of Sustainable Development Goals (SDGs) in the higher education sector.
Market Overview
The global Higher Education CRM Software market size was valued at USD 2110.34 Million in 2022 and is projected to reach USD 5025.54 Million in 2028, with a Compound Annual Growth Rate (CAGR) of 15.56% during the period from 2022 to 2028. Customer Relationship Management (CRM) systems are transforming the way universities operate by creating more valuable customer relationships. Higher Education CRM software aims to improve recruitment programs, communication with stakeholders, and fundraising efforts by strengthening relationships with alumni.
Key Players in the Industry
- FreeAgent CRM
- amoCRM
- Ellucian
- HubSpot
- Thryv
- Campus Management
- Jenzabar
- Zoho
- Salesforce
- Blackbaud
- Oracle
Market Dynamics and Trends
Data collected for this report includes market dynamics, technology outlook, application development, and pricing trends. These factors are fed into a research model to produce relevant data for market research. The report provides a global market trend analysis, including historical data, estimates up to 2023, and a CAGR forecast up to 2028.
Market Segmentation
The Higher Education CRM Software market is segmented based on type and application. The types of CRM software covered in this report include:
- Cloud-based
- On-premises
The applications of CRM software in the higher education sector include:
- Universities
- Training Organizations
- Others
Regional Overview
In global comparison, a significant portion of the revenue in the Higher Education CRM Software market was generated in the Americas (42.17% in 2021).
Key Players in the Market
Salesforce is one of the major players operating in the Higher Education CRM Software market, holding a share of 24.27% in 2022. Salesforce.com, Inc. is an American cloud-based software company that provides customer relationship management (CRM) services and a suite of enterprise applications focused on customer service, marketing automation, analytics, and application development. Ellucian is another key player in the market, providing student information systems, finance and HR solutions, recruiting and retention software, analytics, and advancement software solutions.
Impact of COVID-19 and Russia-Ukraine War
The report takes into account the impact of both COVID-19 and the Russia-Ukraine war on the Higher Education CRM Software market. These events have had significant effects on global supply chains and raw material pricing, which are thoroughly examined in the research. Detailed discussions of their impact can be found throughout the report.
Conclusion
The Higher Education CRM Software market is experiencing rapid growth due to the adoption of emerging technologies and innovative strategies. This report provides a comprehensive analysis of the market’s current situation, major industry players, developing trends, and promising growth opportunities. It also highlights the importance of Sustainable Development Goals (SDGs) in the higher education sector. The market segmentation, regional overview, and impact analysis of COVID-19 and the Russia-Ukraine war provide valuable insights for industry participants and stakeholders.
References
- Sample Copy of the Report
- Request For A Sample PDF Of the Higher Education CRM Software Market Report
- COVID-19 Impact Analysis
- Inquire or Share Your Questions
- Purchase the Report
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SDGs, Targets, and Indicators Analysis
1. Which SDGs are addressed or connected to the issues highlighted in the article?
- SDG 4: Quality Education
- SDG 9: Industry, Innovation, and Infrastructure
- SDG 17: Partnerships for the Goals
The article discusses the use of Higher Education CRM Software to improve the education industry, enhance communication, and strengthen relationships with stakeholders. This aligns with SDG 4, which aims to ensure inclusive and equitable quality education and promote lifelong learning opportunities for all. The development of new generation information technology and the acceleration of digital transformation mentioned in the article also connect to SDG 9, which focuses on building resilient infrastructure, promoting sustainable industrialization, and fostering innovation. Additionally, the partnerships between universities and CRM software companies mentioned in the article relate to SDG 17, which emphasizes the importance of global partnerships for sustainable development.
2. What specific targets under those SDGs can be identified based on the article’s content?
- SDG 4.7: By 2030, ensure that all learners acquire the knowledge and skills needed to promote sustainable development.
- SDG 9.5: Enhance scientific research, upgrade the technological capabilities of industrial sectors in all countries, in particular developing countries.
- SDG 17.16: Enhance the global partnership for sustainable development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology and financial resources.
The article highlights the use of Higher Education CRM Software to improve education and training institutions by managing student information more efficiently. This aligns with SDG 4.7, which aims to ensure that learners acquire the knowledge and skills needed to promote sustainable development. The development of new generation information technology and the emphasis on upgrading technological capabilities in the education industry connect to SDG 9.5. The partnerships between universities and CRM software companies mentioned in the article also relate to SDG 17.16, which emphasizes the importance of multi-stakeholder partnerships for sustainable development.
3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?
- Number of universities implementing Higher Education CRM Software
- Improvement in student information management efficiency
- Increased adoption of digital technologies in education
- Number of partnerships between universities and CRM software companies
The article mentions the implementation of Higher Education CRM Software in universities, which can be used as an indicator to measure progress towards the targets. The improvement in student information management efficiency can also be measured to assess the impact of CRM software on education institutions. Additionally, the increased adoption of digital technologies in education and the number of partnerships between universities and CRM software companies can indicate progress towards the targets.
SDGs, Targets, and Indicators Table
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 4: Quality Education | 4.7: By 2030, ensure that all learners acquire the knowledge and skills needed to promote sustainable development. | – Number of universities implementing Higher Education CRM Software – Improvement in student information management efficiency – Increased adoption of digital technologies in education |
| SDG 9: Industry, Innovation, and Infrastructure | 9.5: Enhance scientific research, upgrade the technological capabilities of industrial sectors in all countries, in particular developing countries. | – Number of universities implementing Higher Education CRM Software – Improvement in student information management efficiency – Increased adoption of digital technologies in education |
| SDG 17: Partnerships for the Goals | 17.16: Enhance the global partnership for sustainable development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology and financial resources. | – Number of partnerships between universities and CRM software companies |
Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: digitaljournal.com
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