About the Curriculum and Data Management Market in the US
Technology driven education system comprises of information, resources, and professional development opportunities and these enable schools to impart education in a digitally rich environment. Primary objective of including technology in education, is to transform traditional teaching methodologies thus enhancing learning and improving the dissemination of knowledge by using an array of tools and hardware, such as digital text, graphics, and audio-visual tools, that allows better interactivity and knowledge transfer. Further, to support the delivery system use of software, such as curriculum designing tools and educational ERP; disruptive technologies, such as LMSs and LCMS, and hardware support products, such as interactive whiteboards, and projectors, laptops and tablets, are also essential which makes these products an integral part of the market. As e-learning continues to penetrate every segment of the education ecosystem, schools and colleges are creating new learning models and online courses, which in turn is prompting the demand for curriculum and data management market in the US.
Technavio’s analysts forecast the curriculum and data management market in the US to grow at a CAGR of 13.03% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the curriculum and data management market in the US for 2016-2020. To calculate the market size, it considers the revenue generated by vendors through the following end-user segments:
Technavio Announces the Publication of its Research Report – Curriculum and Data Management Market in the US 2016-2020
Technavio recognizes the following companies as the key players in the curriculum and data management market in the US: Akari Software, Blackboard, D2L, and Pearson Education.
Other Prominent Vendors in the market are: Sungard, Skyward, Eduware, and Kuali Foundation.
Commenting on the report, an analyst from Technavio’s team said: “A trend which is playing a major role in market growth is cloud computing. The curriculum and data management market in the US is expected to observe an increase in the use of cloud-based software. The cost benefits associated with this use are one of the reasons contributing to this trend. While using the cloud, users do not need to install the software on their servers. This substantially reduces costs incurred by educational institutions. This is beneficial to small institutions as they do not have the required expertise and skilled staff to manage software installation. Along with that, users can avail themselves of hassle-free system upgrades and maintenance.”
According to the report, a key growth driver is the use of assessment and reporting to improvise learning. In addition to the core competency of offering ability to create, manage, analyze, and update lessons, the curriculum and data management software is also capable of analyzing the upgrades required in the curriculum offered at an institute. This is due to the assessment solutions present within the software that seamlessly offers intuitive reporting and analysis and a holistic view of the offered curriculum. For instance, the 4iQ Solutions platform enables education institutes to transform the traditional classroom experience into a student-centric medium of learning.
Further, the report states that one challenge that could derail market growth is the lack of common procedures to deal with absenteeism.
Akari Software, Blackboard, D2L, Pearson Education, Sungard, Skyward, Eduware, Kuali Foundation.