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Student Information System Market Is Booming Worldwide Growth With Development Strategies, Business Trends And New Opportunities By 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Student Information System Market Size, Growth Rate, And Forecast
The global student information system market is expected to grow from $7.25 billion in 2022 to $8.34 billion in 2023 at a compound annual growth rate (CAGR) of 14.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The student information system market is expected to grow to $13.98 billion in 2027 at a CAGR of 13.8%.
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Student Information System Market Drivers
The growing inclination toward e-learning is expected to propel the growth of the student information system market going forward. E-learning is the use of information and communication technology (ICT) to facilitate, simplify, and transform the learning process over the internet. Online learning or e-learning has gained popularity among the students due to its various advantage in the learning process like the flexibility to learn remotely, advanced career, and a wider range of courses and programs available on the internet and student information systems helps students in information tracking in e-learning.
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Student Information System Market Segments
1) By Component: Software, Service
2) By Deployment: Cloud, On-Premise
3) By Application: Financial Management, Student Management, Admission and Recruitment, Student Engagement and Support, Other Applications
4) By End-Use: K-12, Higher Education
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Student Information System market.
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Student Information System Market Key Players
Major competitors in the Student Information System market include Oracle Corporation, Workday Inc., SAP SE, Jenzabar Inc., Skyward Inc., Illuminate Education, Ellucian, Anthology Inc., Foradian Technologies, PowerSchool
The Table Of Content For The Student Information System Market Include:
1. Executive Summary
2. Student Information System Market Characteristics
3. Student Information System Market Trends And Strategies
4. Student Information System Market - Macro Economic Scenario
5. Student Information System Market Size And Growth
……
27. Student Information System Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Student Information System Market
29. Student Information System Market Future Outlook and Potential Analysis
30. Appendix
The Business Research Company's "Global Student Information System Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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