PUBLISHER: The Business Research Company | PRODUCT CODE: 1662354
PUBLISHER: The Business Research Company | PRODUCT CODE: 1662354
A student information system is a comprehensive management tool centered around students, collecting and organizing their personal details, contact information, health records, and academic performance, including grades. It facilitates educational institutions and students in digitally overseeing and administering academic affairs. These systems play a vital role in enhancing communication and collaboration between students and faculty, as well as streamlining information access for parents and administrative staff.
The primary components of a student information system comprise software and services. Software involves a collection of instructions, data, or programs utilized for computer operation and specific task execution. These systems are deployed either through cloud-based or on-premises setups, utilized across various sectors such as financial management, student management, admission and recruitment processes, student engagement and support, among others. They are designed to cater to both K-12 and higher education institutions.
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.
The student information system market size has grown rapidly in recent years. It will grow from $9.28 billion in 2024 to $10.5 billion in 2025 at a compound annual growth rate (CAGR) of 13.2%. The growth in the historic period can be attributed to growth of higher education, compliance and reporting requirements, increased focus on student success, evolution of grading systems, parent and teacher communication.
The student information system market size is expected to see rapid growth in the next few years. It will grow to $18.55 billion in 2029 at a compound annual growth rate (CAGR) of 15.3%. The growth in the forecast period can be attributed to increasing need for data centralization, focus on competency-based education, cybersecurity enhancements, remote learning and hybrid education models, evolution of student portfolios. Major trends in the forecast period include cloud-based sis solutions, mobile accessibility and apps, data analytics for student insights, user-friendly interfaces, parent and guardian portals, blockchain for secure credentials.
The increasing preference for e-learning is projected to drive the growth of the student information system market in the future. E-learning involves the use of information and communication technology (ICT) to enhance, streamline, and transform the learning experience over the Internet. Online learning, or e-learning, has become increasingly popular among students due to its various advantages, such as the ability to learn remotely, opportunities for advanced career prospects, and access to a broader range of courses and programs available online. Student information systems play a crucial role in tracking information for students engaged in e-learning. For example, in June 2023, the World Economic Forum, a Switzerland-based non-governmental organization, reported that the global education virtual reality (VR) market was expected to grow from $6.37 billion in 2021 to $8.66 billion in 2022. Consequently, the rising inclination toward e-learning is fueling the growth of the student information system market.
The increase in the number of international students is anticipated to drive the growth of the student information system market in the coming years. International students are individuals who travel to a foreign country to pursue education at an academic institution, typically at the university or college level, and are citizens or residents of a different country than the one in which they study. Student Information Systems facilitate administrative processes and improve communication for international students by offering a centralized platform for enrollment, course registration, visa documentation, and tracking academic progress. For example, in 2023, the Open Doors 2023 Report by the Institute of International Education, a US-based policy institute, indicated that there were 10,659 international students studying in the USA during the 2022-2023 academic year, an increase from 10,292 compared to the 2020-2022 period. Thus, the surge in the number of international students is contributing to the growth of the student information system market.
Leading companies in the student information system market are creating advanced solutions, such as mobile applications, to ensure seamless access to crucial student information. A mobile app is software designed for smartphones and tablets that allows users to conveniently access various services. Within a student information system, it enables students to easily view academic records, course schedules, and announcements. For instance, in December 2022, Rediker Software, a US-based provider of school administrative software, introduced its AdminPlus Mobile App to improve the accessibility and efficiency of its cloud-based student information system for K-12 schools. The app aims to give school administrators quick and convenient access to essential student and staff data, attendance records, grades, and incident reporting while on the move. The enhanced interface, integrated dashboard, and unified features, including AdminPlus notifications, demonstrate the company's commitment to streamlining administrative processes, fostering better communication within school communities, and providing a more user-friendly experience for school staff.
Key players in the student information system market are introducing new platforms, such as next-generation communication systems designed to transform school communications. A next-generation school communication platform simplifies messaging, scheduling, and notifications for students, teachers, and parents, thereby enhancing collaboration and engagement. For example, in July 2024, PowerSchool, a US-based software company, launched MyPowerHub. MyPowerHub is a comprehensive platform that consolidates vital information like grades, attendance, and assignments into a single multilingual interface, streamlining school communications for parents. It offers mobile accessibility and features a secure AI assistant for personalized support, improving engagement and collaboration between home and school.
In January 2022, PowerSchool, a US-based company specializing in student information systems, acquired Kinvolved Inc. for an undisclosed amount. This acquisition is intended to enhance PowerSchool's product portfolio in K-12 communications, attendance, and engagement solutions by centralizing communication tools and attendance data to tackle chronic absenteeism and improve engagement between home and school. Kinvolved Inc. is also a US-based company operating within the student information systems sector.
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.
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.
The countries covered in the student information system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
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 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.
Student Information System Global Market Report 2025 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.
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 forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.