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 |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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