Student Information System Global Market Report 2024

The global student information system market has grown rapidly in recent years. It will grow from $8.30 billion in 2023 to $9.49 billion in 2024 at a compound annual growth rate (CAGR) of 14.3%. The growth observed during the historical period can be attributed to several factors, including the expansion of higher education opportunities, compliance and reporting mandates, heightened emphasis on ensuring student success, advancements in grading systems, and improved communication channels between parents and teachers.

The global student information system market is expected to see rapid growth in the next few years. It will grow to $16.01 billion in 2028 at a compound annual growth rate (CAGR) of 14.0%. Anticipated growth in the forecast period can be attributed to several key factors, including the growing necessity for centralized data management, a shift towards competency-based education models, heightened emphasis on cybersecurity improvements, the adoption of remote learning and hybrid education approaches, and advancements in student portfolio development. Key trends expected in the forecast period encompass the prevalence of cloud-based Student Information System (SIS) solutions, enhanced mobile accessibility through dedicated applications, the utilization of data analytics for comprehensive student insights, the development of user-friendly interfaces, the introduction of dedicated portals for parents and guardians, and the integration of blockchain technology for secure management of credentials.

The student information system market is anticipated to experience growth, propelled by the increasing preference for e-learning. E-learning involves the use of information and communication technology (ICT) to facilitate, simplify, and transform the learning process over the Internet. This mode of learning has gained popularity among students due to its advantages, such as remote learning flexibility, access to a broader range of courses and programs online, and enhanced career prospects. In January 2022, data shared by the World Economic Forum indicated a significant increase in online learning registrations, with over 20 million new students joining the Coursera online learning portal in 2021, compared to 71 million in 2020. The growing inclination toward e-learning is identified as a key driver fueling the growth of the student information system market.

Another factor contributing to the growth of the student information system market is the surge in the number of international students. These are individuals who travel to a foreign country for educational pursuits at the university or college level. Student information systems play a crucial role in streamlining administrative processes and enhancing communication for international students, offering a centralized platform for enrollment, course registration, visa documentation, and academic progress tracking. In 2023, the Open Doors 2023 Report by the Institute of International Education reported an increase in the number of international students studying in the USA, reaching 10,659 in the academic year 2022-2023 compared to 10,292 in the previous year. This surge in international students is identified as a key factor driving the student information system market.

Major companies in the student information system market are responding to the evolving needs of educational institutions by launching new mobile apps. The AdminPlus Mobile App, introduced by Rediker Software in December 2022, exemplifies this trend. The app is designed to provide high-speed access to crucial student information from the AdminPlus database on users' preferred mobile devices. This initiative aims to enhance the accessibility and efficiency of the cloud-based student information system for K-12 schools. The AdminPlus Mobile App features an improved interface, integrated dashboard, and unified features, including notifications, reflecting the company's commitment to streamlining administrative processes, improving communication within school communities, and offering a user-friendly experience for school staff.

Leading companies in the student information system market are introducing innovative platforms to meet the evolving needs of higher education institutions. One such advancement is the launch of cloud-based user experience platforms designed to provide a unified and customizable interface for end-users interacting with various applications and services. An example of this is the introduction of Ellucian Experience by Ellucian, a US-based provider of software and services for higher education institutions. Launched in April 2021, Ellucian Experience is a fully extensible cloud-based user experience platform that has expanded its accessibility to Europe, the Middle East, Africa, and the Asia Pacific. This solution streamlines routine tasks and enhances access to critical information by offering a unified application framework and personalized dashboard for all stakeholders in higher education.

In January 2022, PowerSchool, a US-based company specializing in student information systems, made a strategic move by acquiring Kinvolved Inc for an undisclosed amount. This acquisition aligns with PowerSchool's objective of strengthening its product portfolio in K-12 communications, attendance, and engagement solutions. The consolidation of communication tools and attendance data is intended to address chronic absenteeism and foster stronger engagement between home and school. Kinvolved Inc., the acquired company, contributes to PowerSchool's efforts to enhance its offerings in student information systems, reflecting the industry's commitment to addressing the diverse and evolving needs of educational institutions.

Major companies operating in the student information system market report 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, ComSpec International Inc., 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 2023. 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 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.

This report 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 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.


This product will be delivered within 3-5 business days.