Global Student Information System Market to reach USD 22.92 Billion by 2027.Global Student Information System Market is valued approximately at USD 7.92 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 16.4% over the forecast period 2021-2027. Student Information system is a software platform solution which is designed to help schools and colleges in tracking and managing all the student data including everything from grades, attendance, and various information. The global Student Information System market is being driven by growing high demand for online education and adoption of e-learning technology. Furthermore, rise in governments initiatives for upgrading education infrastructure, will provide new opportunities for the global Student Information System industry. For instance, according to statista, in year 2019, the online e-learning market across the world was sized to around USD 101 billion dollars. During the same time, the learning management system market had generated the revenue of USD 18 billion and it is anticipated that by year 2026, the total market value for e-learning globally will grow exponentially, reaching around USD 370 billion. As a result, increased in online and e-education market will necessitate the use of student information system, which will serve as a catalyst for the Student Information System industry in the future. However, high cost associated with the system, may impede market growth over the forecast period of 2021-2027.
Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key region considered for the regional analysis of global student information system market. The presence of numerous vendors in the region and the higher propensity to upgrade the SIS software with new technologies makes North America the leading region across the world in terms of market share. Whereas Asia pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to use of SIS application in the developing countries such as China and India.
Major market player included in this report are:
Oracle Corporation
Workday Inc.
Sap SE
Jenzabar Inc.
Skyward Inc.
Illuminate Education
Ellucian Company L.P
Campus Management Corp.
Foradian Technologies
Beehively
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
Services
Software
By Deployment:
On-premise
Cloud
By Application:
Financial Management
Student Management
Admission & Recruitment
Student Engagement & support
Others
By End use:
K-12
High education
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Student Information System Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors