What is Student Information System Software Market?
Due to the growing number of educational institutions and the implementation of technology to do work more efficiently, the student information software market is expected to expand in the future. Student information software is a type of data management software that allows educational institutions to monitor their activities. It's also useful for keeping track of test and examination results, attendance, and other student-related details.
Highlights from Student Information System Software Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | SAP (Germany), Oracle (United States), Ellucian (United States), Workday (United States), Jenzabar (United States), Unit4 (Netherlands), Skyward (United States), Arth Infosoft (India), Tribal Group (United Kingdom), Campus Management (United States), PowerSchool (United States) and Foradian Technologies (India) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Student Information System Software market throughout the forecasted period.
SAP (Germany), Oracle (United States), Ellucian (United States), Workday (United States), Jenzabar (United States), Unit4 (Netherlands), Skyward (United States), Arth Infosoft (India), Tribal Group (United Kingdom), Campus Management (United States), PowerSchool (United States) and Foradian Technologies (India) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Illuminate Education (United States), ComSpec International (United States) and Focus School Software (United States). Student Information System Software Market Segmentation:
Scope | Sub-Segments |
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Type | Solution and Services (Professional Services and Managed Services) |
User | K-12,Higher Education |
Deployment Model | Cloud-based,On-premise |
On the basis of geography, the market of Student Information System Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Emergence of AI in Student Information System Software
Market Growth Drivers:
Rising Government Support towards Education Sector and Adoption of Technological Advance System for Educational Process
Challenges:
Lack of Infrasture in Underdeveloped Countries and The Dearth of Expertise to Handle the Software
Restraints:
Lack of Awareness among the Educational Institution related to the Student Information System Software
Opportunities:
Acceptance of Advance Education System and Smart System and Growth in the number of Educational Instructions in Developing Countries
Key Target Audience
Student Information System Software Provider, New Entrants/Investors, Analysts and Strategic Business Planners, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
In Aug 2019, Regents Theological College (Regents) and Waverley Abbey College (Waverley), two highly-respected U.K.-based theological higher education institutions, have each selected Ellucian Quercus to unify, streamline and automate their respective student information systems.