Global Student Information System Market to Grow at 11.2% During 2024-2032, Augmented by Increasing Digitization Trends

June 14, 2021 | Technology & Media

According to the latest report by IMARC Group, titled “Student Information System Market Report by Component (Solution, Services), Deployment Type (On-premises, Cloud), End-User (K-12, Higher Education), and Region 2024-2032,” the global student information system market reached a value of US$ 9.8 Billion in 2023. A student information system is a responsive web-based platform designed to assist administrators, teachers, students and parents. It offers centralized billing and accounting management, easy exam scheduling, and efficient management of student-related activities. It also reduces the time spent on maintaining records and facilitating communication between multiple divisions. As a result, student information systems are gaining traction across the globe.


Global Student Information System Market Trends:

At present, there is a considerable increase in the trend of digitization across the education industry. This represents one of the key factors positively influencing educational institutions to adopt student information systems worldwide. These systems aid in improving the quality of education and streamlining issues concerning students, administrators and teachers. Apart from this, the rising penetration of the internet and boosting sales of smartphones around the world are impelling the market growth. Furthermore, the market is also driven by the increasing adoption of cloud- and artificial intelligence (AI)-based software. These advanced solutions enhance data security and reduce the overall operational costs of the institutions. This, in confluence with increasing investments in the education industry and extensive research and development (R&D) activities, is projected to fuel the market. Looking forward, IMARC Group expects the market to expand at a CAGR of 11.2% during the forecast period (2024-2032).


Market Summary:

  • Based on the component, the market has been classified into solution (enrollment, academics, financial aid, and billing), and services (professional and managed).
  • On the basis of the deployment type, the market has been bifurcated into on-premises and cloud.
  • Based on the end-user, the market has been divided into K-12 and higher education.
  • Region-wise, the market has been categorized into North America (the United States and Canada), Asia Pacific (Japan, China, India, South Korea, Indonesia, Australia, and others), Europe (the United Kingdom, Germany, France, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, and others), and Middle East and Africa (the United Arab Emirates, Turkey, Saudi Arabia, Iran, and others).
  • The competitive landscape of the market has been examined, with some of the key players being Arth Inforsoft Pvt. Ltd., Anthology Inc., ComSpec International, Inc., Ellucian Company L.P., Foradian Technologies, Illuminate Education, Inc., Jenzabar, Inc., Oracle Corporation, SAP SE, Skyward, Inc., The Tribal Group plc, Unit4, and Workday, Inc.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Component, Deployment Type, End-User, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico, Argentina, Colombia, Chile, Peru, Turkey, Saudi Arabia, Iran, United Arab Emirates
Companies Covered Arth Inforsoft Pvt. Ltd., Anthology Inc., ComSpec International, Inc., Ellucian Company L.P., Foradian Technologies, Illuminate Education, Inc., Jenzabar, Inc., Oracle Corporation, SAP SE, Skyward, Inc., The Tribal Group plc, Unit4, and Workday, Inc.
Customization Scope 10% Free Customization
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Post-Sale Analyst Support 10-12 Weeks
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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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Global Student Information System Market to Grow at 11.2% During 2024-2032, Augmented by Increasing Digitization Trends
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