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Student Information System Global Strategic Business Report

Dublin, June 4, 2024 (GLOBE NEWSWIRE) — The report “Student Information Systems – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s to offer.

The global student information systems market will reach $34.1 billion by 2030

The global student information systems market, estimated at USD 13.2 billion by the year 2023, is expected to reach a revised size of USD 34.1 billion by 2030, with a CAGR of 12.5% ​​over the analysis period 2023-2030. Student Information System Solutions, one of the segments analyzed in the report, is expected to register a CAGR of 11.3% and reach $22.9 billion by the end of the analysis period. Growth in the Student Information System Services segment is estimated at 15.5% CAGR over the next eight years.

The Student Information Systems (SIS) market is essential for fostering an enabling environment for information exchange that benefits both the administration and the students. Cloud-based SIS solutions are particularly cost-effective and offer compelling advantages over traditional on-premises systems. The global SIS market is on a robust growth trajectory, driven by a radical shift from traditional blackboards to smart technology. This shift is a key market driver and reflects the increasing adoption of digital tools in education.

Cloud implementation is expected to continue to lead the SIS market, thanks to its scalability, flexibility and cost-effectiveness. The growing global student population further increases the addressable market opportunity for SIS technologies. For example, the student population in selected countries worldwide in 2023 indicates substantial market potential.

The competitive landscape of the SIS market shows that vendors are using both organic and inorganic strategies to take advantage of emerging opportunities. These strategies include mergers and acquisitions, partnerships and continuous innovation to improve their product offerings and expand their market presence. The SIS market is poised for significant growth, driven by technological advancements and increasing demand for efficient student information management systems.

The US market is estimated at $4.3 billion, while China is expected to grow at a CAGR of 15.8%

The market analysis per component shows that the solutions segment holds an excellent share of the SIS market. Regionally, North America dominates the market, while Asia Pacific is emerging as a very attractive region for growth opportunities. By 2030, revenue breakdowns show notable increases in market share for both developed and developing regions, with Asia and the Pacific shining particularly brightly.

The US student information systems market is estimated to reach $4.3 billion by the year 2023. China, the second largest economy in the world, is expected to reach a projected market size of $4 billion by 2030, with a CAGR of 15 .8% from 2030. the analysis period 2023 to 2030. Other notable geographic markets include Japan and Canada, each expected to grow by 10.2% and 11.1%, respectively, over the 2023-2030 period. Within Europe, Germany is expected to grow at a CAGR of approximately 12.1%.

Most important features:

Report attribute Details
Number of pages 494
Forecast period 2023 – 2030
Estimated market value (USD) in 2023 $13.2 billion
Expected market value (USD) in 2030 $34.1 billion
Compound annual growth rate 12.5%
Regions Covered Global

MARKET OVERVIEW

  • Student Information Systems – Percentage Market Share of Key Competitors Globally in 2023 (E)
  • Student Information Systems (SIS): promoting a favorable environment for information exchange for the benefit of administration and students
  • Cloud-based SIS: Delivering compelling benefits through on-premises systems
  • Student Information Systems Market Shows Enviable Growth Chart with Good Figures: Global Market Outlook and Prospects
  • Radical shift from traditional blackboards to smart technology: a key market driver
  • Cloud implementation set to maintain leadership position
  • The world’s rapidly growing student population is expanding the addressable market opportunities for student information systems technologies: Student Population (in Million) in Selected Countries Worldwide by the Year 2023
  • Analysis by Component: The solutions segment has an excellent share of the SIS market
  • Regional analysis: North America dominates, while Asia-Pacific shines brightly
  • Asia Pacific offers attractive growth opportunities
  • Global Student Information Systems Market by Region: Percentage Revenue Breakdown for Developed and Developing Regions (2023 and 2030)
  • Competitive landscape
  • Suppliers are monitoring organic and inorganic strategies to capitalize on opportunities
  • Recent market activity
  • Select global brands

MARKET TRENDS & DRIVERS

  • Innovations improve features and functionality
  • End-to-end admissions management with SIS
  • SIS simplifies the financial management of students
  • Very convenient attendance management with SIS
  • SIS technology offers numerous benefits and continues to expand its footprint
  • Exam management made easier with SIS
  • SIS ensures seamless library management
  • SIS provides administrators with effective hostel management options
  • Cloud platforms that are ready to make big profits
  • Schools and colleges in primary and secondary education benefit enormously from SIS
  • Growing emphasis on e-learning broadens the addressable market
  • SIS also benefits from online tutoring centers
  • Growing population of younger demographics to increase future demand
  • World population aged 0-14 years (in million) by country: 2023
  • Global youth population aged 15 to 24 (in millions) by geographic region: 2017 and 2050
  • The ongoing digital transformation in higher education bodes well
  • Digital learning materials used in classrooms
  • Integration with LMS to increase the relevance of SIS
  • Increasing adoption of the BYOD model to increase SIS adoption
  • Global BYOD spending (in billions of US$) for the years 2019, 2021, 2023 and 2025

FOCUS ON SELECTED PLAYERS(Total 93 recommended)

  • Jenzabar, Inc.
  • Ellucian Company LP
  • Foradian technologies
  • Creatrix Campus
  • Fidelis
  • Level Data, Inc.
  • MGM Wireless
  • DocFinity
  • Edufar school management software
  • Apps run the world
  • Campus dean
  • Discovery solutions
  • Grand Canyon Education
  • L Street Collaborative
  • eTools for health

For more information about this report, visit https://www.researchandmarkets.com/r/btu7ms

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  • Student information systems market


            
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