The global student information system (SIS) market was valued at almost USD 3 billion in 2016 and is expected to surpass USD 5 billion by 2021, says Technavio.
Technavio has announced its latest market research report on the global student information system market to its education technology portfolio. This market analysis discusses the major drivers and key emerging trends and offers an analysis of key vendors like Ellucian, Jenzabar, Skyward, and Unit4.
According to Jhansi Mary, a lead analyst for education technology research at Technavio, “The increasing use of analytical tools by educational institutions to analyze data while drawing out patterns and trends to understand critical phenomena such as student dropouts will lead to the growth of the market. The data collected from SIS helps school administrations to develop intervention policies and corrective measures strategically.”
Several educational institutions are investing in embedding dashboards and visualizations within applications, portals, and business process management systems to ease the flow of information. The use of visual analytics tools will offer intuitive interfaces to universities and schools to learn and adjust to the needs and learning patterns of the students. These tools will also help create user-friendly and interactive visualizations of data and enable analysis.
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Incorporation of social media into SIS
Educational institutions are embedding technology and integrating social media into classroom learning to promote interactive learning methods. The social networking platform is used for enhancing student participation in learning through informal ways and it is a part of the formative assessment. These platforms also help in improving communication between students and teachers. For instance, Ripples by openSIS is introduced to replace communication through emails and other means with context-sensitive and real-time interaction among students, parents, teachers, and administrators.
Surge in cloud-based SIS
The cost benefit of cloud-based SIS is leading to increasing adoption of these systems in schools and universities across the world. Since cloud-based systems do not require server installations, it is preferred by small institutions that do not have the required expertise and skilled staff to manage software installation. Furthermore, it provides end-users the flexibility of hassle-free system upgrades and maintenance. The emergence of mobile devices to access both on-premises and cloud-based student information systems will provide better integration with such devices and improve accessibility.
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This research report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. An analysis of the key companies, including their market shares, business overview, key financials, etc. is provided in this study. This market study also provides a detailed analysis of key drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio report titled, ‘Global Student Information System Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Student Information Management Systems Market 2016-2020
- Global Interactive Tables Market 2016-2020
- Global Document Camera for Smart Classroom Market 2016-2020
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