The global student information system market size is expected to be worth around US$ 30.6 billion by 2030, according to a new report by Vision Research Reports.
The global Student Information System market size was valued at US$ 10.92 billion in 2020 and is anticipated to grow at a CAGR of 20.6% during forecast period 2021 to 2030.
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Report Coverage
| Report Scope | Details |
| Market Size | USD 28.5 billion by 2030 |
| Growth Rate | CAGR of 20.6% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Component, Deployment, Application, End-use |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Oracle Corporation; Workday Inc.; SAP SE; Jenzabar Inc.; Skyward, Inc.; Illuminate Education; Ellucian Company L.P; Campus Management Corp.; Foradian Technologies; Beehively |
Growth Factors
The market is witnessing significant growth owing to rapidly evolving education sector, increase in online education, and rising penetration of internet and mobile devices. An increase in the focus of educational institutions on imparting quality education and facilitating communication between students, parents, and faculty and the widespread government initiatives for technological upgrading of the education sector is expected to drive the usage of Student Information System (SIS) solutions. However, lack of awareness among institutions and dearth of digital infrastructure are the factors restraining the growth of the market.
Key Players
Market Segmentation
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