Technavio expects global student information system market to exceed $4 billion by 2019

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This industry research report outlines the market forecast and segmentation of student information systems by end-users (higher education and primary education). The research report also provides the market analysis of the key market trends with market shares for North America, Europe, APAC, and ROW. The leading vendors analyzed by this report include Eduware, Ellucian, Jenzabar, Skyward, and SunGard.

Technavio has released its new market research report, global student information system market, which is expected to grow at a CAGR of around 12% between 2015 and 2019. Schools are implementing student information systems and software to simplify various processes and connectivity among departments. North America is the biggest consumer of student information systems. The demand in this region is largely driven by the US market as it has greater awareness of the benefits of software integration in schools and colleges.

“Educators are expanding their services in multiple areas such as blended learning, gamification, and development of cognitive skills, owing to increased use of technology in the education sector. Execution of these initiatives is resulting in schools and colleges procuring laptops, printers, document cameras, and other hardware. This has expanded the scope of activities that school authorities need to manage. As a result, adoption of student information software will strongly assist schools in efficiently managing learning and non-learning activities of students,” says Jhansi Mary, Lead Analyst, Education, Technavio Research.

The higher education segment is the fastest growing segment of this market, owing to the massive digitization of the higher education systems. Universities are procuring educational hardware such as IWBs, projectors, and tablets while recruiting IT staff to create a conducive platforms of deploying student information systems. Such digitization helps them in attracting students and increasing student enrolments.

The key vendors in the global student information system market are Eduware, Ellucian, Jenzabar, Skyward, and SunGard. Market vendors are expected to leverage the growing prevalence of cloud computing in deploying student information systems. While using the cloud, users do not need to install software on their servers, thereby it substantially reduces costs incurred by the educational institutions.

A more detailed analysis is available in the Technavio report, Global Student Information System Market 2015-2019.

We can customize this reports by other regions and specific segments upon request.

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