Adoption of Cloud Based SIS to Drive the Student Information System Market Through 2028

The growing inclination towards E-Learning is driving the implementation of the Student Information System market across the globe.

According to TechSci Research report, “Student Information System Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F,”

The global student information system market is growing, owing to the rising inclination towards E-Learning to meet the need for growing business demand. Cloud-based student information systems are becoming increasingly popular as they offer several advantages over traditional on-premises software, such as lower costs, easier deployment, and scalability. In addition, Student information system can collect data on customer preferences, which can be used to improve the quality of education, identify trends, and make better business decisions. Moreover, SISs are increasingly being integrated with other educational systems, such as learning management systems (LMSs) and student assessment systems. This is leading to improved efficiency and productivity in students that are further attributed to the growth in the global student information system market. The growing demand for mobile-based SIS’s and the increasing emphasis on improving the efficiency of the education system are also contributing to the growth of the market. Moreover, the global growth of the student information system market has led to institutional adoption of a student information system that tracks students' progress and informs them in decision making; as well as an increased development of new technologies and solutions for SISs.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "Global Student Information System Market."

Based on component, the market is segmented into services and solutions. Based on deployment, the market is further divided into cloud and on-premise. Based on application, the market is further divided into finance management, student management, admission & recruitment, student engagement & support, and others. Based on end user, the market is segmented into K-12 and higher education.

Based on application, the market is segmented into finance management, student management, admission & recruitment, student engagement & support, and others. It is anticipated that the admission & recruitment segment would have a sizable market share during the projection period. Various end users are focusing on integrating the disparate technology by centralizing the database and assisting institutions to simplify the admission and recruitment procedures. Businesses are increasingly adopting admission & recruitment-based student information system to understand and streamline the student service, while modernizing back-office operations. This also allows institutions to manage leads, follow-up tasks, and communicate with prospects, parents, and other stakeholders to make better decisions. Therefore, enterprises are increasingly adapting admission & recruitment solutions into their products.

Based on end user, the market is segmented into K-12 and higher education. The higher education segment of end user is expected to account for a significant market share over the forecasting period. The increasing adoption of information systems in schools and colleges for various higher education applications across the globe, is expected to gain high traction, as these software applications are specifically designed to manage student related information including course offerings, course registrations, grades, and transcripts throughout the student life cycle. The student information system includes back office administrative capabilities as well as student and faculty-facing features such as managing institutional information assets such as applications, matriculants, and student prospects. Moreover, this rise in the adoption of podcasts, interactive whiteboards, virtual reality headsets, and many more, are driving revenue growth. This high demand from the higher education end user is expected to act as a positive factor for the global student information system market in the coming years.

Key market players in the global student information system market include:

·         Ellucian Company LP

·         Oracle Corporation

·         Campus Management Corporation

·         PowerSchool Group LLC

·         Workday Inc.

·         Eduware ntc

·         Skyward Inc.

·         Jenzabar Inc.

·         Tribal Group Plc

·         Foradian Technologies

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“The North America region shows substantial growth prospects for student information system followed by Asia Pacific, which can be attributed to the growing adoption of cutting-edge technologies such as IoT, big data, artificial intelligence, and cloud platforms, among others. In addition, initiatives by leading authorities such as the National Center for Education Statistics (NCES), the State Educational Technology Directors Association (SETDA), and the growing investments on SIS for inclination towards e-learning are expected to act as a positive factor for student information system market in United States. However, the student information system is gaining traction and is expanding to various countries in North America, including United States, Mexico, Canada, and several other countries. Moreover, the presence of several student information system service providers such as Oracle Corporation, Workday Inc, and many more, are increasingly enabling high adoption of student information system by companies in the region. United States leads the student information system market in North America and is expected to continue its dominance in global student information system market during the forecast period ,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Student Information System Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F,” Segmented By Component (Services, Solutions) By Deployment (Cloud, On-premise) By Application (Finance Management, Student Management, Admission & Recruitment, Student Engagement & Support, Others) By End User (K-12, Higher Education), By Region, Competition has evaluated the future growth potential of student information system market and provides statistics and information on market structure, size, share, and future growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global student information system market.

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