Student Information System Market by Component (Solutions and Services), Deployment (Cloud and On-Premises), and End-User (K-12 and Higher Education): Global Opportunity Analysis and Industry Forecast, 2019–2026
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IC_195975
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Mar 2020 |
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Student Information System Market Outlook: 2026
Student information system is a web-based information management software designed for educational establishments to introduce a conducive and structured information exchange environment that integrates administration and helps to manage student data. These systems usually include software packages such as student management system, student information management system, student records system, and others. They have the capability to store and track all student information, including attendance records, grades, academic records, etc. It can be used by students, teachers, and parents to communicate about relevant information pertaining to a student’s schooling as well as to gain access to student information, to make payments and communicate with school functionaries. This software also provides capabilities such as register students in courses, document results of student tests, grades, transcripts, and other assessment scores, build student schedules, track attendance, and manage many other student-related data.
Rise in focus of educational institutions toward improvement of education quality and to facilitate communication between students and faculty, parents and teachers, and within departments, and widespread government initiatives for technological advancements in the educational sector proliferates integration of various educational systems such as student management system, student information management system, and student records system. These are the major factors that boost the student information system market growth. However, lack of awareness among educational institutes regarding student information systems is a major factor that restrains growth of the student information system market.
The student information system market is segmented into component, deployment, end user, and region. By component, it is bifurcated into solutions and services. By solutions, it is further sub segmented into billing, enrollment, academics, and financial aid. By services, it is sub segmented into managed services and professional services. In terms of deployment, it is divided into cloud and on-premises. On the basis of end user, the student information system market is classified into K-12 and higher education. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the student information system market analysis are SAP SE, Workday, Inc., Jenzabar, Inc., Skyward, Inc., Tribal Group, Oracle Corporation, Illuminate Education, Ellucian Company L.P, Arth Infosoft Pvt. Ltd., Foradian Technologies, Campus Management Corp., and ComSpec International, Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry. Current and future student information system market trends are outlined to determine the overall attractiveness of the market.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global student information system market share along with the current trends and future estimations to elucidate the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on the market size is provided.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the global student information system industry.
- The quantitative analysis of the global student information system market from 2018–2026 provided to determine the market potential.
KEY MARKET SEGMENTS
By Component
- Solutions
- Services
By Deployment
- Cloud
- On-Premises
By End User
- K-12
- Higher Education
By Region
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Singapore
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY MARKET PLAYERS SAP SE
- Workday, Inc.
- Jenzabar, Inc.
- Skyward, Inc.
- Tribal Group
- Oracle Corporation
- Illuminate Education
- Ellucian Company L.P
- Arth Infosoft Pvt. Ltd.
- Foradian Technologies
- Campus Management Corp.
- ComSpec International, Inc.
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