Student Information System Market Size, Segmentation, Development Factors and Forecast 2023-2028

According to the latest report by IMARC Group, titled "Student Information System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on student information system market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global student information system market size reached US$ 8.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.9 Billion by 2028, exhibiting a growth rate (CAGR) of 11.6% during 2023-2028.

A student information system (SIS) is an application designed to manage and organize student data in educational institutions such as colleges, schools, and universities. The system provides a centralized database to store and manage information related to students, such as personal information, academic records, attendance, grades, and other important data. It can also automate many administrative tasks and streamline processes, making it easier for school administrators, teachers, and staff to access and manage student information. As a result, SIS is widely utilized in K-12 and higher educational institutions across the globe.

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Market Trends:

The market is primarily driven by the increasing utilization of smartphones and internet devices and the advent of advanced internet facilities. In addition, the inclination toward enhancing the quality of education and ensuring efficient communication between students, parents, authorities, and faculties represents another major growth-inducing factor. Besides this, various key players are integrating advanced technologies such as edge computing, machine learning (ML), artificial intelligence (AI), and the Internet of Things (IoT) in the SIS to improve productivity, enhance efficiency, and reduce overall operational costs. This, coupled with the rising product adoption by institutions to automate various administrative tasks without any delays and mistakes, is also creating a positive market outlook across the globe.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• Arth Infosoft
• Campus Management Corporation
• ComSpec International
• Ellucian
• Foradian
• Illuminate Education
• Jenzabar
• Oracle Corporation
• SAP
• Skyward
• Tribal Group
• Unit4
• Workday Inc

Student Information System Market Segmentation:

Our report has categorized the market based on region, component, deployment type, and end-user.

Breakup by Component:
• Solution
• Enrollment
• Academics
• Financial Aid
• Billing
• Services
• Professional Services
• Managed Services

Breakup by Deployment Type:
• On-premises
• Cloud

Breakup by End-User:
• K-12
• Higher Education

Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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