Student Information System Global Market Report 2023

“Student Information System Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on student information system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for student information system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The student information system market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Component: Software; Service

• 2) By Depolyment: 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

• Companies Mentioned: Oracle Corporation; Workday Inc; SAP SE; Jenzabar Inc; Skyward Inc

• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

• Time series: Five years historic and ten years forecast.

• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the student information system market are Oracle Corporation, Workday Inc., SAP SE, Jenzabar Inc., Skyward Inc., Illuminate Education, Ellucian, Anthology Inc., Foradian Technologies, PowerSchool, Tribal Group Plc, Arth InfoSoft Pvt. Ltd., Beehively, ComSpec International Inc., Unit4, Alma, Anthology Inc., and Gradelink.

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%.

The student information system market includes revenues earned by entities by providing services such as student assessment scores, forming student schedules, tracking student attendance, and generating reports. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The student information system refers to the student-centric management system that collects and manages students' information like personal information, contact details, health information, performance in academics, grades. It allow educational institutions and students to digitally monitor and manage their academics. These are utilised to improve interaction and coordination among students and faculty, in addition to make information tracking easier for both parents and administrative staff.

North America was the largest region in the student information system market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the student information system report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main components of a student information system are software and service. Software refers to a set of instructions, data, or programs used to operate computers and execute specific tasks. The deployment mode is cloud and on-premise, that are applied in many verticals such as financial management, student management, admission and recruitment, student engagement and support and others. It has implemented to be used for K-12 and higer education.

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. For instance, in January 2022, according to an article shared by World Economic Forum, a Switzerland-based non-governmental and lobbying organization data, in the year 2021, more than 20 million new students registered with the online learning portal Coursera, up from 71 million in 2020. The number of students enrolled in online courses more than doubled in 2020, then increased by 32% the following year to 189 million. Therefore, the growing inclination toward e-learning is driving the growth of the student information system market.

Technological advancement is the key trend gaining popularity in the student information system market. Major companies operating in the student information system market are focused on developing new technological solutions to strengthen their position. For instance, in May 2020, TCS iON( strategic unit of Tata Consultancy Services), an India-based company operating in student information systems, launched its advanced remote assessment product, TCS iON Remote Assessment. This product has been capable of conducting secure, free, and fair examinations at scale in a remote model using artificial intelligence and machine learning frameworks for detecting malpractice attempts and alerting the invigilators, and enabling invigilators to proctor candidates in real-time, from anywhere, and leverage admission and recruitment process.

In January 2022, PowerSchool, a US-based company operating in student information systems acquired Kinvolved Inc for an undisclosed amount. Through this acquisition, PowerSchool aims to strengthen its product portfolio in K-12 communications, attendance, and engagement solutions by centralizing communication tools and attendance data to address chronic absenteeism and strengthen engagement between home and school. Kinvolved Inc is a US-based company operating in student information systems.

The countries covered in the student information system market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The student information system market research report is one of a series of new reports from The Business Research Company that provides student information system market statistics, including student information system industry global market size, regional shares, competitors with a student information system market share, detailed student information system market segments, market trends and opportunities, and any further data you may need to thrive in the student information system industry. This student information system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.