Forecast Period | 2024-2028 |
Market Size (2022) | USD 10.41 Billion |
Largest Market | North America |
CAGR (2023-2028) | 15.28% |
Fastest Growing Segment | Cloud |
Global Student Information System market is predicted to proliferate during the forecast period, due to the growing inclination towards e-learning by the enterprises to meet the needs of growing business. The use of cloud-based systems to improve business continuity is a significant factor in the market's expansion. In addition, the growing demand for digitalization in the education sector and increasing emphasis on improving the quality of education are propelling the growth of student information system in the global market. Furthermore, educational institutions, including schools, colleges, and universities are adopting student information system to lower the cost associated with managing enormous number of students, increasing their efficiency and providing deeper insights of feedback to parents on regular basis are attributed to the growth of global student information system market in the forecasting period.
Student Information System (SIS) is a computational software application that enables educational institutes to digitalize and consequently manage the student data and information more efficiently. It serves as a core system of record (SOR) for higher education institutions and supports routine administrative and academic activities. An SIS can manage a variety of data related to students, such as academic records, personal information, and financial data. It assists organizations in streamlining many administrative tasks that
The Growing Adoption of Cloud in Education System
The education sector has been growing with the series of disruptions that have propelled educational institutions to consider new operating models in the recent years. With the advent of digitalization, schools and colleges have initiated utilizing cloud to push the limits of conventional educational systems and manage found at information for improving their product & services more efficiently & effectively. These data can be helpful to understand the aspects of student progress, enrollment management, and report generation. The cloud-based solution is highly adaptive with the student information system that representatives can access information in real time, and strategically align better decision about student progress, enrollment, and interventions.
Moreover, these Cloud-based SIS’s can be effortlessly coordinated with other cloud-based applications, like Learning Management Systems (LMS’s) and cooperation devices. This makes it more straightforward for schools and colleges to deal with their information and give consistent client experience. Therefore, as the steps towards enhancing the student learning experience are increasing, more and more cloud-based solutions are being adopted to foster the educational systems. Additionally, new technologies are being fostered that can help service providers to pursue better choices with their information. Cloud-based SIS’s are more cost-effective, scalable, flexible, secure, and integrated than traditional on-premises SIS’s. Additionally, the companies are having the advantages to make long-term investments in advancing the student information systems for more effectively enhancing the information. As a result, the demand for the student information system is expected to rise significantly over the forecast period due to all these factors. Therefore
The Growing Inclination towards E-Learning
Electronic learning or E-Learning is emerging as a prominent way to carry teaching-learning process forward, driving the growth of the student information system in the global market. Businesses are increasingly seeking to automate their customer service operations to improve efficiency, reduce costs, and provide a better customer experience. Service providers are offering an advanced e-learning solution to removing barriers to entry for students from disadvantaged backgrounds,
The Increasing Demand for Higher Education Information System (HEIS)
Recent Development
- On April 20, 2023Austin Community College District (ACC), recently unveiled its new student information systems process to consolidate its multiple student information systems (SIS) with Workday. With the release of college’s enterprise resource management (ERP) system, develop admittance to data and empower improvement of working efficiencies by further developing client experience, computerizing processes; and giving intelligent, predictable, and significant information.
- On Feb 06, 2023Ellucian Inc., an Edtech enterprise, announced the launch of “EnlightenED” a student feedback platform to gather information on its tool. The student ambassadors will be selectively accepting the “EnlightenEd” platform to interface new features with the company’s student information system. In addition, students who participate in this program, will be able to influence higher education technology in a way that represents the student voice like never before.
- On December 13, 2022Rediker, a leading school administrative software provider, announced the launch of a new mobile app for “AdminPlus” as a student information system. The new launch enables school administrators’ quick access to students and staff data, attendance, grades, schedules, etc., with their Android or iOS devices. With the new mobile app, the enterprise is offering an all-new user interface and dashboard to improve how quickly school staff can access the information they need.
Market Segmentation
Company Profiles
Ellucian Company LP, Oracle Corporation, Campus Management Corporation, PowerSchool Group LLC, Workday Inc., Eduware ntc, Skyward Inc., Jenzabar Inc., Tribal Group Plc, Foradian Technologies are among the major players that are driving the growth of the global student information system market.
Attribute | Details |
Base Year | 2022 |
Historical Years | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Billion and CAGR for 2018-2022 and 2023E-2028F |
Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | Component Deployment Application End User Region |
Regional Scope | Asia-Pacific, North America, Europe, Middle East & Africa, and South America |
Country Scope | China, Japan, India, Australia, South Korea, United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Israel, Qatar, Saudi Arabia, UAE, South Africa, Brazil, Argentina, Colombia |
Key Companies Profiled | Ellucian Company LP, Oracle Corporation, Campus Management Corporation, PowerSchool Group LLC, Workday Inc., Eduware ntc, Skyward Inc., Jenzabar Inc., Tribal Group Plc, Foradian Technologies |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail of customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |