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Student Information System Market Expansion Continues, with Forecast Valuation of $18.47 Billion by 2029
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Student Information System Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, there has been a steep increase in the market size of the student information system. The $9.28 billion value in 2024 is projected to expand to $10.5 billion in 2025, with a compound annual growth rate (CAGR) of 13.1%. The historical growth of this market sector can be traced back to the expansion of higher education, the necessities of compliance and reportage, a growing emphasis on student achievement, the development of grading systems, as well as communication between parents and teachers.
Student Information System Market Size Forecast: What's the Projected Valuation by 2029?
Anticipations are high for a swift expansion in the student information system market size over the forthcoming years. The market is predicted to surge to $18.47 billion by 2029 with a 15.2% compound annual growth rate (CAGR). The projected growth during this epoch is mainly owed to factors such as escalating demand for data centralization, emphasis on competency-oriented education, enhancements in cybersecurity, distance learning and amalgamated education frameworks, and the progression of student portfolios. Cloud-based student information system solutions, mobile access and applications, data analytics to gain student insights, easy-to-use interfaces, portals for parents and guardians, and the use of blockchain for secure credentials are among the major trends forecasted for this period.
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What Are the Drivers Transforming the Student Information System Market?
The escalating preference for e-learning is predicted to boost the student information system market's expansion. E-learning utilises information and communication technology (ICT) to aid, streamline, and revolutionise the learning process via the internet. Online learning or e-learning has become well-liked among students because of its various advantages such as the capability to study remotely, enhanced career opportunities, and a broad selection of courses and programmes accessible online. Student information systems assist in tracking information in e-learning. For instance, the World Economic Forum, a Switzerland-based non-governmental organisation, reported in June 2023 that the global education virtual reality (VR) sector was expected to grow from $6.37 billion in 2021 to $8.66 billion in 2022. Therefore, the escalating preference for e-learning is fuelling the growth of the student information system market.
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What Long-Term Trends Will Define the Future of the Student Information System Market?
Prominent businesses in the student information system market are innovating and creating cutting-edge solutions, such as mobile applications, to provide effortless access to crucial student data. A mobile app is a piece of software created for smartphones and tablets that simplifies accessing services. In the context of a student information system, this allows students to have quick access to their academic transcripts, course timetables, and notices. For example, Rediker Software, a firm in the US that offers school administration software, introduced its AdminPlus Mobile App in December 2022. This app enhances the usability and effectiveness of its K-12 schools' cloud-based student information system. The company aims to provide school administrators with easy and immediate access to vital data on students and staff, attendance records, grades, and incident reports, even while mobile. The enhanced interface, consolidated dashboard, and synchronized features like AdminPlus notifications signify the firm's dedication to simplifying administrative procedures, enhancing communication within school environments, and providing a more intuitive experience for school personnel.
Which Segments in the Student Information System Market Offer the Most Profit Potential?
The student information systemmarket covered in this report is segmented -
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
Subsegments:
1) By Software: Student Management Software, Enrollment Management Software, Grade And Attendance Tracking Software, Reporting And Analytics Tools, Learning Management System (LMS) Integration
2) By Service: Implementation Services, Consulting Services, Support And Maintenance Services, Training Services
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Which Firms Dominate the Student Information System Market by Market Share and Revenue in 2025?
Major companies operating in the student information system market are Oracle Corporation, Workday Inc., SAP SE, Jenzabar Inc., Skyward Inc., Illuminate Education Inc., Ellucian Company L.P., Anthology Inc., Foradian Technologies Pvt. Ltd., PowerSchool Group LLC, Tribal Group PLC, Arth InfoSoft Pvt. Ltd., Beehively LLC, Unit4 N.V., Alma Technologies Inc., Gradelink Corporation, Tyler Technologies Inc., Blackbaud Inc., Rediker Software Inc., PraxiSchool LLC, MAESTRO SIS Inc., ampEducator LLC, Infinite Campus Inc., Follett School Solutions Inc., Edupoint Educational Systems LLC, Campus Management Corp., Populi Inc., Edvance Software Inc., Frontline Technologies Group LLC.
Which Regions Offer the Highest Growth Potential in the Student Information System Market?
North America was the largest region in the student information system market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the student information system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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