According to the latest report by IMARC Group, titled “Student Information System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” offers a comprehensive analysis of the industry, which comprises insights on student information system market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global student information system market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to expand at a CAGR of 13% during the forecast period (2021-2026).
A student information system, also referred to as a student record system, is a platform designed to help schools and colleges keep track of students’ records and manage their data effectively. In doing so, they digitize administrative and academic processes more efficiently. The system facilitates various tasks, such as forming timetables, tracking attendance, and storing performance records.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Student Information System Market Trends:
The global market is majorly driven by the increasing focus on improving education quality. In line with this, the growing need to facilitate communication between students and faculty, parents, and teachers is significantly contributing to the market. Besides this, the deployment of cloud-based solutions to improve mobility and scalability is creating a positive outlook for the market. Moreover, the widespread integration of advanced technologies, such as IoT, mobility, big data, and analytics, is catalyzing the market growth across the globe. Additionally, the shifting inclination towards e-learning solutions is also providing a boost to the market.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- 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.
Market Breakup by Component:
- Solution
- Enrollment
- Academics
- Financial Aid
- Billing
- Services
- Professional Services
- Managed Services
Market Breakup by Deployment Type:
- On-premises
- Cloud
Market Breakup by End-User:
- K-12
- Higher Education
Market 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 (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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