New study: Student Information System market forecast to 2026 | Eduware, Ellucian, ESchoolPLUS (FIS) etc.

Student Information System Market Snapshot:

The global student information system (SIS) market is expected to grow at a CAGR of 10.3% during the forecast period, 2019–2026.
A student information system (SIS) is a management information system for educational organizations to manage student data. The software helps in registering students in courses, documentation of grades, transcripts, results of tests, and other assessment scores. Building student schedules, tracking attendance, and managing other student-related data are some of the benefits associated with using student information systems. They can be used by institutes/colleges to maintain student records seamlessly. Using a manual system will pose difficulty as the information is scattered and redundant, and collecting relevant information may be very time-consuming.

Colossal data related to applications, finance, and estates is generated on a daily basis in these institutes. These data sets help organizations and institutes in effective business and operational decision making. They help in formulating policies regarding students’ progress and enhance their productivity. Security is one of the supreme concerns because of the vast amount of sensitive and personal information stored on organizations’ servers, making them a potentially attractive target for security breaches.

A variety of macro forces are putting inevitable pressure on schools and colleges, ultimately driving people from across the institutional landscape to reconsider long-held beliefs regarding the effective delivery of education services. Acceleration of technological advancements is serving as a prime driver to innovate the conventional pedagogical structure. To remain competitive, institutions are bound to invest in technological innovations such as student information systems to transform their operations and education services for long-term success.

The student information system (SIS) market has vast growth prospects, owing to the steady increase in the implementation of analytics in the educational sector. These systems are commonly used by administrators and educators to gain accessibility of data and evaluate the performance of students appertaining to the goals and missions of the organization. Rising demand for the collaborative visualization of data and presentation to suit the needs of users will drive the student information system market during the forecast period.

Higher education student information system was the most dominant segment in 2017 and is anticipated to stay ahead during the forecast period. For educational purposes, the immigration rate of students rose to 5 million in 2014; twice the number of students in 2000 with an annual rate of 10%. According to OECD, international student mobility is likely to reach 8 million by 2025. Thus, the increasing number of students due to the rise in demographic dividend in emerging nations is expected to strengthen the student information system market during the forecast period.

A growing number of universities are shifting towards technological solutions in administration and acquiring educational hardware such as projectors and interactive boards, switching to digitized content, and using social learning. These trends are driving the student information system market globally, which has enormous potential to change the educational landscape in the near future.

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The Major Prominent Players Covered in this Report:
Eduware, Ellucian, ESchoolPLUS (FIS), Focus School Software, Foradian Technologies, Illuminate Education, Jenzabar, Oracle, Skyward, Unit4, Jenzabar, PowerSchool, and Skyward. & More.

By End-User,K-12, Higher Education,
By Deployment, Cloud, On-Premise,Regions Covered, North America, Europe, Asia Pacific, LAMEA,

Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Student Information System in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global Student Information System market during the forecast period 2019-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Student Information System and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Student Information System. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

View this report with a detailed description and TOC @ https://straitsresearch.com/report/student-information-system-market/toc

Key Questions Answered in The Report:
What will the Student Information System market growth rate?
What are the key factors driving the global Student Information System market?
Who are the key manufacturers in the Student Information System market space?
What are the market opportunities, market risk, and market overview of the Student Information System market?
What are sales, revenue, and price analysis of top manufacturers of the Student Information System market?
Who are the distributors, traders, and dealers of the Student Information System market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Student Information System Industry?
What are sales, revenue, and price analysis by regions of Student Information System industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

Key Student Information System Market Trends:
- The report identifies, determines, and forecasts the Global Student Information System Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Student Information System Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Student Information System Market.

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