Student Information System Market Size, Share, Analysis 2031

Segments - Student Information System Market by Applications (Admission & Recruitment, Student Engagement & Support, Financial Management, Student Management, and Others), Components (Service and Software), Deployment Types (On-premise and Cloud), End-users (Higher-education and K-12), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 - 2031

Author : Debadatta Patel

Fact-checked by : PARTHA PAUL

Editor : Shruti Bhat

Report Description

Student Information System Market outlook 2031:

The global student information system market size size was valued at USD 10.66 Billion in 2022 and is projected to reach USD 41.82 Billion by 2031, expanding at a CAGR of 16.4% during the forecast period 2023 - 2031. The growth of the market is attributed to the expanding internet penetration, rising online education, rapid changing educational landscape, and growing use of mobile devices.

Student information system (SIS) is a software or web-based platform that allows learning institutions to upload data for better management and clarity. Parents, teachers, students, and administrators can readily access data collected by the SIS as it is accessible online. This contains attendance, appraisal results, test results, and more.

Student Information System Market Outlook

Additionally, SIS allows an institution to collect data from variety of sources in one location and making it easier to track growth and performance of students. The COVID-19 pandemic outbreak has a positive impact on SIS platform owing to the rise in the demand for online education and the demand to remain progressive in the post pandemic period to tackle similar situation in future.

Student Information System Market Trends, Drivers, Restraints, and Opportunities

Increasing adoption of E-learning technology especially in academic institutions is one of the key factors driving the market growth.
Upgrading educational infrastructures with the help of government initiatives is expected to boost the market growth of SIS software and its services in the coming years.
High cost of the SIS software installation and its services is a key challenge, which is likely to hinder the market growth during the forecast period.
Issues concerning to cyber-attacks on digital platforms present a major restraining factor. This is anticipated to hamper the market expansion during the projected period.
Technological advancement such as integrating of Artificial Intelligence (AI) into SIS software makes the application more interesting and engaging. This is projected to create significant growth opportunities for the market in the near future.

Scope of Information System Market Report

The report on the global student information system market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Student Information System Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Applications (Admission & Recruitment, Student Engagement & Support, Financial Management, Student Management, and Others), Components (Service and Software), Deployment Types (On-premise and Cloud), and End-users (Higher-education and K-12)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Beehively; Workday Inc.; Oracle Corp.; SAP SE; Jenzabar Inc.; Skyward, Inc.; Foradian Technologies; Illuminate Education; Ellucian Company L.P; and Campus Management Corp.

Information System Market Segment Insights

Based on applications, the global student information system market is segregated into admission & recruitment, student engagement & support, financial management, student management, and others. The admission & recruitment segment is expected to account for a major market share during the projected timeline.

The segment growth is attributed to the wide adoption of the system in various applications and solutions including registration & enrollment, student progress, student profiling, and engagement. However, the financial management segment is likely to register a considerable CAGR during the forecast period owing to superior analytics, AI, advanced integration capabilities, and revised architecture of the solutions.

Student Information System Market Applications

On the basis of components, the market is bifurcated into service and software. The software segment is projected to expand at a considerable CAGR during the forecast period due to factors such as ease of maintenance and deployment. Moreover, rapid technological advancement in software platforms presents a key driver of the segment growth. On the other hand, the service segment is expected to hold considerable market share during the forecast period due to increasing demand for adaptation capabilities by institutions to help all administration processes easy and effective.

Student Information System Market Components

Based on deployment types, the global student information system market is bifurcated into on-premise and cloud. The cloud segment is anticipated to hold significant market share as it assists institutions to bring down the cost associated with solution storage and technical employees. However, the on-premise segment is expected to register a considerable CAGR during the forecast period due to high deployment of advanced securities for SIS.

On the basis of end-users, the market is bifurcated into higher-education and K-12. The higher-education segment is expected to constitute robust market share during the forecast period. The segment growth is due to rise in the number of colleges worldwide, increase in educational and research institutions, rising trend toward digitized learning content, social learning models, and gamification.

However, the K-12 segment is expected to grow at significant rate during the forecast period owing to changing student demographics and expectations that are shaping education dissemination models over variety of online learning environments.

In terms of regions, the global student information system market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period owing to rise in awareness among people about higher-education institutions in the region.

However, the market of Asia Pacific is anticipated to expand at a rapid pace during the forecast period as the wide adoption of SIS applications in China and India. Additionally, the rising application of the system among regional institutions along with high and middle schools is another factor driving the regional market growth.

Student Information System Market Regions

Segments

The global student information system market has been segmented on the basis of

Applications

Admission & Recruitment
Student Engagement & Support
Financial Management
Student Management

Components

Service
Software

Deployment Types

On-premise
Cloud

End-users

Higher-education
K-12

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Beehively
Workday Inc.
Oracle Corp.
SAP SE
Jenzabar Inc.
Skyward, Inc.
Foradian Technologies
Illuminate Education
Ellucian Company L.P
Campus Management Corp.

Competitive Landscape

The major players in the global student information system market are Beehively; Workday Inc.; Oracle Corp.; SAP SE; Jenzabar Inc.; Skyward, Inc.; Foradian Technologies; Illuminate Education; Ellucian Company L.P; and Campus Management Corp. Some of these players are actively engaged in various market development strategies such as capacity expansion, new product launches, acquisition, partnership, collaboration, and mergers to increase their market share.

For instance, Oracle Corp. introduced its latest complete student lifecycle platform named, Oracle Student Cloud in October 2018. The platform provides a collection of tools that can facilitate several performance advantages in terms of management, support, engagement, and recruitment of students.

Student Information System Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Student Information System Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Student Information System Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Student Information System Market - Supply Chain
  4.5. Global Student Information System Market Forecast
     4.5.1. Student Information System Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Student Information System Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Student Information System Market Absolute $ Opportunity
5. Global Student Information System Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Student Information System Market Size and Volume Forecast by Applications
     5.3.1. Admission & Recruitment Student Engagement & Support Financial Management Student Management
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Student Information System Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Student Information System Market Size and Volume Forecast by End Users
     6.3.1. Higher-education K-12
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Student Information System Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Student Information System Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Student Information System Demand Share Forecast, 2019-2026
8. North America Student Information System Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Student Information System Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Student Information System Market Size and Volume Forecast by Applications
     8.4.1. Admission & Recruitment Student Engagement & Support Financial Management Student Management
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. North America Student Information System Market Size and Volume Forecast by End Users
     8.7.1. Higher-education K-12
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Student Information System Demand Share Forecast, 2019-2026
9. Latin America Student Information System Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Student Information System Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Student Information System Market Size and Volume Forecast by Applications
     9.4.1. Admission & Recruitment Student Engagement & Support Financial Management Student Management
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Latin America Student Information System Market Size and Volume Forecast by End Users
     9.7.1. Higher-education K-12
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Student Information System Demand Share Forecast, 2019-2026
10. Europe Student Information System Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Student Information System Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Student Information System Market Size and Volume Forecast by Applications
     10.4.1. Admission & Recruitment Student Engagement & Support Financial Management Student Management
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Europe Student Information System Market Size and Volume Forecast by End Users
     10.7.1. Higher-education K-12
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Student Information System Demand Share Forecast, 2019-2026
11. Asia Pacific Student Information System Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Student Information System Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Student Information System Market Size and Volume Forecast by Applications
     11.4.1. Admission & Recruitment Student Engagement & Support Financial Management Student Management
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Asia Pacific Student Information System Market Size and Volume Forecast by End Users
     11.7.1. Higher-education K-12
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Student Information System Demand Share Forecast, 2019-2026
12. Middle East & Africa Student Information System Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Student Information System Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Student Information System Market Size and Volume Forecast by Applications
     12.4.1. Admission & Recruitment Student Engagement & Support Financial Management Student Management
  12.5. Basis Point Share (BPS) Analysis by Applications
  12.6. Y-o-Y Growth Projections by Applications
  12.7. Middle East & Africa Student Information System Market Size and Volume Forecast by End Users
     12.7.1. Higher-education K-12
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Student Information System Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Student Information System Market: Market Share Analysis
  13.2. Student Information System Distributors and Customers
  13.3. Student Information System Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Beehively Workday Inc. Oracle Corp. SAP SE Jenzabar Inc. Skyward, Inc.