Growing digitization in the education sector, increasing inclination towards online learning, and improving the quality of education are major contributors to this.
PORTLAND, PORTLAND, OR, USA, April 4, 2022 /EINPresswire.com/ — Increasing the attention of educational institutions towards improving the quality of education and to facilitating communication between students and faculty, parents and teachers, and within departments, and Widespread government initiatives for technological advancements in the education sector are proliferating the integration of various education systems such as as student management system, student information management system, and student records system.
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These are the main factors that stimulate the student information systems market growth. However, lack of awareness among educational institutions about student information systems is a major factor restraining the growth of the student information system market.
The student information system market is segmented into component, deployment, end user, and region. By component, it is broken down into solutions and services. By solutions, it is further sub-segmented into Billing, Enrollment, Education, and Financial Aid.
By services, it is sub-segmented into managed services and professional services. In terms of deployment, it is divided into cloud and on-premises. On the basis of end-user, the student information system market is classified into K-12 and higher education. Regionally, it is analyzed across North America, Europe, Asia-Pacific and LAMEA.
Key players profiled in the Student Information System Market analysis are SAP SE, Workday, Inc., Jenzabar, Inc., Skyward, Inc., Tribal Group, Oracle Corporation, Illuminate Education, Ellucian Company LP, Arth Infosoft Pvt. Ltd., Foradian Technologies, Campus Management Corp. and ComSpec International, Inc.
These players have adopted various strategies to increase their market penetration and strengthen their position in the industry. Current and future trends in the Student Information System market are described to determine the overall attractiveness of the market.
MAIN BENEFITS FOR STAKEHOLDERS:
• The study provides an in-depth analysis of the global Student Information System market share along with current trends and future estimations to elucidate impending investment pockets.
• Information on key drivers, restraints and opportunities and their market size impact analysis is provided.
• Porter’s Five Forces Analysis illustrates the power of buyers and suppliers operating in the global student information system industry.
• Quantitative analysis of the global student information system market from 2018 to 2026 helped to determine the market potential.
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