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Student Information Systems (SIS) Market share, Size, Financial Summaries Analysis from 2023 to 2030 | Oracle, Ellucian, Workday
The term "student information system (SIS) market" designates a group of software products, platforms, and tools used in educational institutions to manage and simplify a variety of administrative and academic procedures. Schools, colleges, universities, and other educational institutions utilise these systems to arrange and keep track of student-related data, academic records, attendance, grades, and other crucial data. The Student Information Systems market was estimated to be worth USD 7.41 billion in 2022 and is anticipated to increase at a CAGR of 19.0% from 2023 to 2030. The improvement in educational quality as well as the industry's rising predisposition towards e-learning and more digitalization are factors in the expansion.The development of the Internet of Things (IoT), edge computing, and 5G communications has further boosted industry growth. Analytics, mobile analytics, mobile apps, behaviour monitoring, and cloud accessibility are the main areas of focus for advanced Student Information Systems. Numerous mobile apps are being added as a result of the expansion in linked mobile devices for the convenience of both students and their parents. Artificial intelligence is becoming more and more successfully incorporated into these applications because to prevailing trends like cloud migration and smartphone accessibility. Furthermore, it is anticipated that more people will utilise SIS software and services as a result of educational institutions placing a greater focus on delivering high-quality instruction and streamlining communication between staff, students, and parents as they upgrade their educational infrastructure.
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Who are the Top Key players operating the global Student Information Systems (SIS) Market:
Oracle, Ellucian, Workday, SAP, Sycamore, School Time, Jenzabar, CampusNexus, PowerSchool, Skyward, Gradelink, Infinite Campus, Alma SIS, QuickSchools, FACTS Management, Rediker Software, Boardingware, Aeries Software, Illuminate Education
Student Information Systems (SIS) Market, By Segmentation:
Student Information Systems (SIS) Market segment by Type:
Web-based
Cloud-based
Student Information Systems (SIS) Market segment by Application:
Higher Education
Primary Education
In terms of revenue, North America accounted for more than 30% of the global Student Information Systems market in 2021. IoT, cloud, big data, and digital transformation are some of the developing technologies that are driving this rise. The introduction of cutting-edge solutions from major companies and continuous initiatives to update student information system solutions with cutting-edge technologies both benefit the region. For instance, Jenzabar, Inc., a U.S.-based provider of higher education software solutions, introduced Jenzabar Communications in October 2021 to assist universities in removing communication silos and connecting various departments on campus. The regional market is expanding due to an increase in demand for SIS deployment to establish a reliable and secure framework between students and school administration in colleges.
Due to the strong demand for online education, the COVID-19 pandemic epidemic is anticipated to increase demand for the Student Information System (SIS). 1.3 billion students worldwide, according to UNESCO data, were unable to attend their educational institutions in March 2021 and required online education to continue paying their tuition for the 2020-2021 academic year. In order to address a situation such to this in the future, the usage of eLearning technologies is anticipated to steadily expand after the COVID-19 pandemic.
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Governments all throughout the world are making significant investments in the education sector. Learning management systems (LMS), eLearning, and enterprise resource planning (ERP) have already been embraced by a number of educational institutions to improve standards of instruction and streamline internal operations. Some are implementing SIS to interact and communicate with students, parents, and faculty members efficiently, to keep track of every student, and to empower educators to provide instructional content in line with the students' learning requirements. For instance, in July 2021, Ellucian, a company that offers IT services, announced a partnership with The British and Irish Modern Music Institute (BIMM) Group to use Ellucian Banner Student with Ellucian Managed Cloud, a student information system that supports enrollment, advising, grading, and course planning.
What our reports offer:
1. Market share evaluations for the national and regional segments strategic suggestions for new participants includes market statistics.
2. Commercial trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
3. Based on market projections, strategic advice in key business categories.
4. Outlining the main prevalent trends in competitive landscaping.
5. Profile of the company, including strategies, finances, and current developments in detail.
6. Trends in supply chains that reflect the most recent technology developments.
Student Information Systems (SIS) Market Report Gives Answers to Following Key Questions:
1. What will the trends and growth rate of the market for Student Information Systems (SIS) be? What research has been done on the costs, profits, and output of the leading manufacturers of Student Information Systems (SIS)?
2. What driving forces are at work in the global market for Student Information Systems (SIS)? Which businesses are the market leaders for Student Information Systems (SIS)?
3. Which businesses are the market leaders for Student Information Systems (SIS)? Which market opportunities, risks, and strategies did they adopt for their business?
4. What are the market's possibilities and threats for suppliers to the worldwide Student Information Systems (SIS)?
5. What is the regional sales, income, and pricing analysis for the Student Information Systems (SIS) market? Who are the distributors, merchants, and resellers in the market for Student Information Systems (SIS)?
6. What are the primary geographic regions for the numerous trades predicted to experience remarkable increase over the Student Information Systems (SIS) Market?
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Table of Content
Chapter 1: Global Student Information Systems (SIS) Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Student Information Systems (SIS) market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Student Information Systems (SIS) Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Student Information Systems (SIS) market Size Forecast (2023-2030).
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