Student Information System Market Overview, Size, Industry Share, Growth, Report 2023-2028
According to the latest report by IMARC Group, titled “Student Information System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on student information system market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global student information system market size reached US$ 8.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.9 Billion by 2028, exhibiting a growth rate (CAGR) of 11.6% during 2023-2028.
A student information system (SIS) is a comprehensive software application designed to manage and streamline the administrative and academic functions of educational institutions. It serves as the central hub for organizing student data, including enrollment records, grades, attendance, and other essential information. SIS solutions provide educational institutions, from K-12 schools to colleges and universities, with the tools to efficiently manage student records, facilitate communication, and enhance overall administrative processes. These systems play a pivotal role in ensuring the smooth operation of educational institutions, improving the accuracy of data management, and enabling educators to make informed decisions.
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Market Trends:
The global student information system (SIS) market is driven by the increasing adoption of digital learning solutions and the need for remote education during global events. These systems are essential for managing online classes, tracking student progress, and ensuring seamless communication between educators, students, and parents in virtual learning environments. Moreover, the move towards personalized learning experiences is a significant trend in the SIS market. These systems are equipped with features that enable tailored educational pathways for students, allowing educators to adapt their teaching methods to individual needs and preferences. Furthermore, regulatory compliance and data security concerns are driving investment in SIS solutions that ensure compliance with privacy regulations and safeguard sensitive student data.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Arth Infosoft
- Campus Management Corporation
- ComSpec International
- Ellucian
- Foradian
- Illuminate Education
- Jenzabar
- Oracle Corporation
- SAP
- Skyward
- Tribal Group
- Unit4
- Workday Inc
Student Information System Market Segmentation:
Our report has categorized the market based on region, component, deployment type, and end-user.
Breakup by Component:
- Solution
- Enrollment
- Academics
- Financial Aid
- Billing
- Services
- Professional Services
- Managed Services
Breakup by Deployment Type:
- On-premises
- Cloud
Breakup by End-User:
- K-12
- Higher Education
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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