Higher Education Segment to Hold the Largest Share in the Student Information System Market, Backed by Increasing International Student Mobility for Postgraduation

Thu, 18 July 2019 7:22

Market Overview

Student Information Systems (SIS) store and track all student information, attendance records, grades, and other relevant information. SISs are used by school administrations and students to communicate all pertinent information regarding students’ status. The software is similar to digital dropbox, but for student-related information. It has now become a vital tool for both institutions and parents, as well as for students who can use it to acquire access student information, make monetary transactions, and interact with the school management and functionaries.  

The software benefits institutional staff, parents, and students alike; some of the prime advantages associated with it are:

  • Information storage
  • Facilitate communication between parents and teachers
  • Facilitate communication between students and faculty
  • Facilitate interdepartmental communication
  • Handle student admissions
  • Improve security
  • Billing and payment processing
  • Reporting

Segmentation

Based on the end-user, the student information system market is segmented into K-12 and higher education. The higher education segment holds a larger share in the student information system market.  According to the data presented by UNESCO in 2018, there were around 4.8 million international students in comparison to 2 million in 2000. According to an estimation by OECD, global student mobility is anticipated to reach 8 million by 2025, attributed to the increasing demographic dividend in emerging economies such as China and India. Increasing number of universities and colleges, acquisition of educational hardware such as interactive hardboards and tablets, implementation of social learning, and gamification are collectively expected to drive the student information system market globally. Additionally, regional and political developments in the education sector will eventually impact student enrollment and are expected to validate the exponential growth of the student information system market during the forecast period.

Based on deployment, the student information system market can be segmented into cloud and on-premise. Cloud-based deployment is expected to grow at the highest CAGR, as many organizations are deploying cloud-based SIS solutions to improve mobility and scalability.

Regional analysis

The global student information system market is segmented into North America, Europe, Asia Pacific, and Latin America and the Middle East & Africa (LAMEA).

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Presently, North America accounts for a major share in the student information system market and is estimated to hold a significant share during the forecast period. The rising number of immigrant students in U.S. universities and growing preference toward software solutions to enhance the efficiency and productivity of school management are among the driving factors for the student information system market in the region.

Europe also occupies a sizeable share in the global student information system market, backed by widespread adoption due to the simplification and reduction of system costs offered by SISs. The U.K. and Germany account for prominent shares in the region's student information system market.

With an increase in literacy rate and initiatives taken by governments of emerging nations, Asia-Pacific is anticipated to grow at a fast rate with China being one of the largest markets in the region. Asia-Pacific is one of the prominent regions in the SIS market, as China is a hub for information technology and innovation. In addition to this, the Asia-Pacific Nazarene Theological Seminary (APNTS) has installed GNECsis, a Nazarene student information system, which will act as a game changer for Nazarene higher education.

LAMEA is projected to grow at a significant rate, owing to the technological advancements and rising awareness.

Competitive Landscape

Some of the prominent players in the student information system market are Eduware, Ellucian, ESchoolPLUS (FIS), Focus School Software, Foradian Technologies, Illuminate Education, Jenzabar, Oracle, Skyward, Unit4, Jenzabar, PowerSchool, and Skyward.

In Oct 2018, Ellucian partnered with Bluewater, a consulting and service company for services related to talent management suite, including learning, recruiting solutions, and performance.

In June 2017, Ellucian, a global provider of higher education software and services, opened its new global headquarters in Reston, Virginia.

Global Student Information System Market: Segmentation

By End-User

  • K-12
  • Higher Education

By Deployment

  • Cloud
  • On-Premise

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • LAMEA

" Crucial Insights The Report Provides:"

* Known and Unknown Adjacencies Influencing the Growth of Market

* Explorable Revenue Sources

* Customer Behaviour Analysis

* Target Partners

* Customized Geographical Data Based on Customers as well as Competitors

* Analysis of Market Size and CAGR between the Forecast Periods

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