Student Information System Market by Component (Solution and Services (Professional Services and Managed Services)), User Type (K-12 and Higher Education), Deployment Type (Cloud and On-Premises), and Region - Global Forecast to 2023

Date: April 4, 2019
Pages: 115
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Report type: Strategic Report
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Student Information System Market by Component (Solution and Services (Professional Services and Managed Services)), User Type (K-12 and Higher Education), Deployment Type (Cloud and On-Premises), and Region - Global Forecast to 2023
The growing demand to improve the internal process of educational institutions and seamlessly connect various stakeholders in the education ecosystem are expected to drive the overall growth of the student information system market

The global student information system market is expected to grow from USD 5.0 billion in 2018 to USD 9.0 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 12.4% during the forecast period. The student information system market is driven by various factors, such as the rising focus of educational institutions to improve education quality and customer satisfaction, widespread government initiatives, and technological advancements. However, lack of awareness among the educational organizations can hinder the growth of the market.

Training and consulting services segment is expected to hold the highest market share during the forecast period

Stakeholders across the education are still unaware of the benefits and advantages of a robust student information system. Student information system not only helps the educational institution but also provide the world-class experience to its student. Student information system vendors provide training and consulting services to faculty and staff members of educational institutions so that they can have a better understanding of the entire solution. These services also help the vendors to differentiate their offering from other vendors. As the demand for the student information system is increasing the demand for associated services are also increasing.

Asia Pacific (APAC) is expected to record the highest growth rate during the forecast period

APAC is expected to grow at the highest CAGR during the forecast period, due to the increase in demand for student information system solution and services. Growing economies in countries, such as China, Japan, Australia, New Zealand, and India provide huge opportunities for the adoption of the student information system solution and services in the APAC region. Meanwhile, North America is projected to hold the largest market size during the forecast period.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the student information system marketplace.
  • By company type: Tier 1 – 40%, Tier 2 – 46%, and Tier 3 – 14%
  • By designation: C-level – 42%, D-level – 35%, and Others – 23%
  • By region: North America – 35%, Europe – 27%, APAC – 23%, MEA – 10%, and Latin America – 5%
The major student information system vendors, include, SAP (Germany), Oracle (US), Ellucian (US), Workday (US), Jenzabar (US), Unit4 (Netherlands), Skyward (US), Arth Infosoft (India), Tribal Group (UK), Campus Management (US), PowerSchool (US), Foradian Technologies (India), Illuminate Education (US), ComSpec International (US), and Focus School Software (US). The study includes an in-depth competitive analysis of these key players in the student information system market, with their company profiles, recent developments, and key market strategies.

Research coverage

The market study covers the student information system market size across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as, component (solutions and services), deployment type, user type, and regions. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key benefits of buying the report

The report will help the market leaders or new entrants in this market with information on the closest approximations of the revenue numbers for the overall student information system market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
  1.3.1 MARKET SEGMENTATION
  1.3.2 REGIONS COVERED
1.4 YEARS CONSIDERED FOR THE STUDY
1.5 CURRENCY CONSIDERED
1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA
  2.1.1 SECONDARY DATA
  2.1.2 PRIMARY DATA
    2.1.2.1 Breakup of primary profiles
2.2 MARKET BREAKUP AND DATA TRIANGULATION
2.3 COMPETITIVE LEADERSHIP MAPPING RESEARCH METHODOLOGY
2.4 MARKET SIZE ESTIMATION
  2.4.1 TOP-DOWN APPROACH
  2.4.2 BOTTOM-UP APPROACH
2.5 MARKET FORECAST
2.6 ASSUMPTIONS FOR THE STUDY
2.7 LIMITATIONS OF THE STUDY

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN THE STUDENT INFORMATION
SYSTEM MARKET
4.2 STUDENT INFORMATION SYSTEM MARKET, BY SERVICE, 2018
4.3 STUDENT INFORMATION SYSTEM MARKET, BY TYPE, 2018
4.4 STUDENT INFORMATION SYSTEM MARKET, BY DEPLOYMENT TYPE, 2018

5 MARKET DYNAMICS

5.1 INTRODUCTION
5.2 MARKET DYNAMICS
  5.2.1 DRIVERS
    5.2.1.1 Rising focus of educational institutions to improve education quality and customer satisfaction
    5.2.1.2 Widespread government initiatives and technological advancements in educational sector
    5.2.1.3 Increasing awareness among the educational institutions to improve the administrative process
  5.2.2 RESTRAINTS
    5.2.2.1 Lack of awareness among educational organizations about the student information system
  5.2.3 OPPORTUNITIES
    5.2.3.1 Increasing demand among the educational institutions for improved connectivity among various stakeholders
    5.2.3.2 Advent of IoT and smart education
  5.2.4 CHALLENGES
    5.2.4.1 Integration issues with organizations’ internal processes
    5.2.4.2 Lack of expertise and infrastructure among end users

6 STUDENT INFORMATION SYSTEM MARKET, BY COMPONENT

6.1 INTRODUCTION
6.2 SOLUTION
  6.2.1 ENROLLMENT
    6.2.1.1 SIS helps in real-time enrollment status updates to help educational institutions identify potential barriers to the process
  6.2.2 ACADEMICS
    6.2.2.1 SIS helps teachers administer tests and share grades at ease and confidentially with students, enabling seamless, private, and ongoing parent and teacher communication
  6.2.3 FINANCIAL AID
    6.2.3.1 SIS helps manage financial aid, scholarships, and grants quickly
and efficiently
  6.2.4 BILLING
    6.2.4.1 SIS helps in managing student billing—from invoicing and online bill payments to tuition plans, financial reporting, and record keeping
6.3 SERVICES
  6.3.1 THE GROWING COMPLEXITIES OF INSTALLATION AND DEPLOYMENT OF SIS TO INCREASE THE DEMAND FOR SIS SERVICES

7 STUDENT INFORMATION SYSTEM MARKET, BY SERVICE

7.1 INTRODUCTION
7.2 PROFESSIONAL SERVICES
  7.2.1 INTEGRATION AND IMPLEMENTATION SERVICES
    7.2.1.1 Growing demand for integration and implementation services to help ensure a satisfactory user experience, adhere to IT standards, and manage budgetary guidelines
  7.2.2 CONSULTING SERVICES
    7.2.2.1 Demand for consulting services to help educational institutes understand the competencies of different student information system solution and the associated services
  7.2.3 TRAINING, SUPPORT, AND MAINTENANCE SERVICES
    7.2.3.1 Training support and maintenance services help in understanding the market trends, the changing business conditions, and client insights, and deal with service inconveniences
7.3 MANAGED SERVICES
  7.3.1 MANAGED SERVICES OFFERING ROUND-THE-CLOCK VISIBILITY TO IT INFRASTRUCTURE AND PROVIDING SECURITY ASSESSMENT AND MONITORING OF APPLICATIONS, SYSTEMS, AND DEVICES

8 STUDENT INFORMATION SYSTEM MARKET, BY DEPLOYMENT TYPE

8.1 INTRODUCTION
8.2 0N-PREMISES
  8.2.1 ON-PREMISES DEPLOYMENT MAKING THE EXISTING INFRASTRUCTURE VIABLE, THEREBY ELIMINATING THE COSTS OF INFRASTRUCTURAL CHANGES
8.3 CLOUD
  8.3.1 ADVANTAGES OF EASY DEPLOYMENT, HASSLE-FREE INTEGRATION, MINIMUM COST, AND NO REQUIREMENT FOR PRELIMINARY CAPITAL FOR PURCHASING THE SOFTWARE DRIVING THE DEMAND OF CLOUD DEPLOYMENT MODE

9 STUDENT INFORMATION SYSTEM MARKET, BY USER TYPE

9.1 INTRODUCTION
9.2 K-12
  9.2.1 GROWING USE OF K-12 STUDENT INFORMATION SYSTEM BY TEACHERS, STUDENTS, AND PARENTS TO ACCESS ALL RELEVANT INFORMATION PERTAINING TO A STUDENT’S SCHOOLING
9.3 HIGHER EDUCATION
  9.3.1 GROWING NEED TO TRACK INFORMATION SUCH AS GRADES, ATTENDANCE RECORDS, ADMISSIONS INFORMATION, AND FINANCIAL AID TO DRIVE THE DEMAND FOR SIS IN HIGHER EDUCATION INSTITUTES

10 STUDENT INFORMATION SYSTEM MARKET, BY REGION

10.1 INTRODUCTION
10.2 NORTH AMERICA
  10.2.1 UNITED STATES
    10.2.1.1 Rising competitive environment to drive the growth of the US SIS market
  10.2.2 CANADA
    10.2.2.1 Abundant opportunities due to huge presence of educational institutions to increase the adoption of SIS solutions and services
in Canada
10.3 EUROPE
  10.3.1 UNITED KINGDOM
    10.3.1.1 Increasing investments made by educational institutions to drive the adoption of SIS solutions in the UK
  10.3.2 GERMANY
    10.3.2.1 Focus of smaller institutions to provide enhanced student experience to drive the adoption of SIS solutions in Germany
  10.3.3 FRANCE
    10.3.3.1 Growing need among institutions to improve operational efficiency to drive the growth of SIS market in France
  10.3.4 REST OF EUROPE
    10.3.4.1 Digital transformation initiatives among institutions with a focus on student experience to drive the growth of SIS market in the rest of Europe
10.4 ASIA PACIFIC
  10.4.1 JAPAN
    10.4.1.1 Growing need to efficiently analyze the huge amount of student information to drive the adoption of SIS solutions in Japan
  10.4.2 CHINA
    10.4.2.1 Digital transformation initiatives in the education industry to drive the SIS market in China
    10.4.2.2 Rising focus to educate students with the required skills set to drive the adoption of SIS solutions in India
  10.4.3 REST OF APAC
    10.4.3.1 Huge adoption of advanced tools for promoting digitalization in education industry to boost the growth of SIS market in rest of APAC
10.5 MIDDLE EAST AND AFRICA
  10.5.1 MIDDLE EAST
    10.5.1.1 Rapid adoption of cloud-based SIS solutions to drive the adoption of SIS in the Middle East
  10.5.2 AFRICA
    10.5.2.1 Digital transformation initiatives in the banking sector to drive the adoption of SIS solutions in South Africa
10.6 LATIN AMERICA
  10.6.1 BRAZIL
    10.6.1.1 Huge investments in the education sector to promote enhanced student experience driving the adoption of SIS solutions in Brazil
  10.6.2 MEXICO
    10.6.2.1 Digitalization projects in education sector to drive the growth of SIS market in Mexico
  10.6.3 REST OF LATIN AMERICA
    10.6.3.1 Need to promote higher education efficiency to boost the adoption of SIS solutions in the rest of Latin America

11 COMPETITIVE LANDSCAPE

11.1 COMPETITIVE LEADERSHIP MAPPING
  11.1.1 VISIONARY LEADERS
  11.1.2 INNOVATORS
  11.1.3 DYNAMIC DIFFERENTIATORS
  11.1.4 EMERGING COMPANIES
11.2 COMPETITIVE SCENARIO
  11.2.1 PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS
  11.2.2 NEW PRODUCT LAUNCHES
  11.2.3 MERGERS AND ACQUISITIONS

12 COMPANY PROFILES

(Business Overview, Products/Services/Solutions Offered, Recent Developments, SWOT Analysis, and MnM View)*
12.1 SAP
12.2 ORACLE
12.3 ELLUCIAN
12.4 WORKDAY
12.5 JENZABAR
12.6 UNIT4
12.7 SKYWARD
12.8 ARTH INFOSOFT
12.9 TRIBAL GROUP
12.10 CAMPUS MANAGEMENT
* Business Overview, Products/Services/Solutions Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.
12.11 POWERSCHOOL
12.12 FORADIAN TECHNOLOGIES
12.13 ILLUMINATE EDUCATION
12.14 COMSPEC INTERNATIONAL
12.15 FOCUS SCHOOL SOFTWARE

13 APPENDIX

13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 AVAILABLE CUSTOMIZATIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS

LIST OF TABLES

TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 2015–2017
TABLE 2 FACTOR ANALYSIS
TABLE 3 STUDENT INFORMATION SYSTEM MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
TABLE 4 SOLUTION: STUDENT INFORMATION SYSTEM MARKET SIZE, BY REGION 2016–2023 (USD MILLION)
TABLE 5 SERVICES: STUDENT INFORMATION SYSTEM MARKET SIZE, BY REGION 2016–2023 (USD MILLION)
TABLE 6 STUDENT INFORMATION SYSTEM MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
TABLE 7 PROFESSIONAL SERVICES: STUDENT INFORMATION SYSTEM MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 8 PROFESSIONAL SERVICES: STUDENT INFORMATION SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
TABLE 9 INTEGRATION AND IMPLEMENTATION SERVICES: STUDENT INFORMATION SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
TABLE 10 CONSULTING SERVICES: STUDENT INFORMATION SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
TABLE 11 TRAINING, SUPPORT, AND MAINTENANCE SERVICES: STUDENT INFORMATION SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
TABLE 12 MANAGED SERVICES: STUDENT INFORMATION SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
TABLE 13 STUDENT INFORMATION SYSTEM MARKET SIZE, BY DEPLOYMENT MODE, 2016–2023 (USD MILLION)
TABLE 14 ON-PREMISES: STUDENT INFORMATION SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
TABLE 15 CLOUD: STUDENT INFORMATION SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
TABLE 16 STUDENT INFORMATION SYSTEM MARKET SIZE, BY USER TYPE, 2016–2023 (USD MILLION)
TABLE 17 K-12: STUDENT INFORMATION SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
TABLE 18 HIGHER EDUCATION: STUDENT INFORMATION SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
TABLE 19 STUDENT INFORMATION SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
TABLE 20 NORTH AMERICA: STUDENT INFORMATION SYSTEM MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
TABLE 21 NORTH AMERICA: STUDENT INFORMATION SYSTEM MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
TABLE 22 NORTH AMERICA: STUDENT INFORMATION SYSTEM MARKET SIZE, BY PROFESSIONAL SERVICE, 2016–2023 (USD MILLION)
TABLE 23 NORTH AMERICA: STUDENT INFORMATION SYSTEM MARKET SIZE, BY DEPLOYMENT MODE, 2016–2023 (USD MILLION)
TABLE 24 NORTH AMERICA: STUDENT INFORMATION SYSTEM MARKET SIZE, BY USER TYPE, 2016–2023 (USD MILLION)
TABLE 25 NORTH AMERICA: STUDENT INFORMATION SYSTEM MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
TABLE 26 EUROPE: STUDENT INFORMATION SYSTEM MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
TABLE 27 EUROPE: STUDENT INFORMATION SYSTEM MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
TABLE 28 EUROPE: STUDENT INFORMATION SYSTEM MARKET SIZE, BY PROFESSIONAL SERVICE, 2016–2023 (USD MILLION)
TABLE 29 EUROPE: STUDENT INFORMATION SYSTEM MARKET SIZE, BY DEPLOYMENT MODE, 2016–2023 (USD MILLION)
TABLE 30 EUROPE: STUDENT INFORMATION SYSTEM MARKET SIZE, BY USER TYPE, 2016–2023 (USD MILLION)
TABLE 31 EUROPE: STUDENT INFORMATION SYSTEM MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
TABLE 32 ASIA PACIFIC: STUDENT INFORMATION SYSTEM MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
TABLE 33 ASIA PACIFIC: STUDENT INFORMATION SYSTEM MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
TABLE 34 ASIA PACIFIC: STUDENT INFORMATION SYSTEM MARKET SIZE, BY PROFESSIONAL SERVICE, 2016–2023 (USD MILLION)
TABLE 35 ASIA PACIFIC: STUDENT INFORMATION SYSTEM MARKET SIZE, BY DEPLOYMENT MODE, 2016–2023 (USD MILLION)
TABLE 36 ASIA PACIFIC: STUDENT INFORMATION SYSTEM MARKET SIZE, BY USER TYPE, 2016–2023 (USD MILLION)
TABLE 37 ASIA PACIFIC: STUDENT INFORMATION SYSTEM MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
TABLE 38 MIDDLE EAST AND AFRICA: STUDENT INFORMATION SYSTEM MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
TABLE 39 MIDDLE EAST AND AFRICA: STUDENT INFORMATION SYSTEM MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
TABLE 40 MIDDLE EAST AND AFRICA: STUDENT INFORMATION SYSTEM MARKET SIZE, BY PROFESSIONAL SERVICE, 2016–2023 (USD MILLION)
TABLE 41 MIDDLE EAST AND AFRICA: STUDENT INFORMATION SYSTEM MARKET SIZE, BY DEPLOYMENT MODE, 2016–2023 (USD MILLION)
TABLE 42 MIDDLE EAST AND AFRICA: STUDENT INFORMATION SYSTEM MARKET SIZE, BY USER TYPE, 2016–2023 (USD MILLION)
TABLE 43 MIDDLE EAST AND AFRICA: STUDENT INFORMATION SYSTEM MARKET SIZE, BY SUB-REGION, 2016–2023 (USD MILLION)
TABLE 44 LATIN AMERICA: STUDENT INFORMATION SYSTEM MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
TABLE 45 LATIN AMERICA: STUDENT INFORMATION SYSTEM MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
TABLE 46 LATIN AMERICA: STUDENT INFORMATION SYSTEM MARKET SIZE, BY PROFESSIONAL SERVICE, 2016–2023 (USD MILLION)
TABLE 47 LATIN AMERICA: STUDENT INFORMATION SYSTEM MARKET SIZE, BY DEPLOYMENT MODE, 2016–2023 (USD MILLION)
TABLE 48 LATIN AMERICA: STUDENT INFORMATION SYSTEM MARKET SIZE, BY USER TYPE, 2016–2023 (USD MILLION)
TABLE 49 LATIN AMERICA: STUDENT INFORMATION SYSTEM MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
TABLE 50 EVALUATION CRITERIA
TABLE 51 PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS, 2016-2018
TABLE 52 NEW PRODUCT LAUNCHES, 2016–2019
TABLE 53 MERGERS AND ACQUISITIONS, 2016–2018

LIST OF FIGURES

FIGURE 1 STUDENT INFORMATION SYSTEM MARKET: RESEARCH DESIGN
FIGURE 2 MICROQUADRANT: CRITERIA WEIGHTAGE
FIGURE 3 STUDENT INFORMATION SYSTEM SOFTWARE MARKET: BOTTOM-UP AND TOP-DOWN APPROACHES
FIGURE 4 GLOBAL STUDENT INFORMATION SYSTEM MARKET SIZE, 2016–2023 (USD MILLION)
FIGURE 5 SEGMENTS WITH THE HIGHEST CAGR IN THE STUDENT INFORMATION SYSTEM MARKET
FIGURE 6 NORTH AMERICA ACCOUNTED FOR THE HIGHEST MARKET SHARE IN 2018
FIGURE 7 INCREASING ADOPTION OF STUDENT INFORMATION SYSTEM TO MANAGE THE ADMINISTRATIVE AND ACADEMIC ACTIVITIES
FIGURE 8 PROFESSIONAL SERVICES SEGMENT TO HAVE A HIGHER MARKET SHARE IN 2018
FIGURE 9 HIGHER EDUCATION SEGMENT TO HAVE A LARGER MARKET SIZE IN 2018
FIGURE 10 ON-PREMISES DEPLOYMENT TO HOLD A LARGER MARKET SIZE IN 2018
FIGURE 11 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: STUDENT INFORMATION SYSTEM MARKET
FIGURE 12 SERVICES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
FIGURE 13 MANAGED SERVICES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
FIGURE 14 CLOUD DEPLOYMENT MODE TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
FIGURE 15 K-12 USER TYPE TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
FIGURE 16 ASIA PACIFIC TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
FIGURE 17 NORTH AMERICA: MARKET SNAPSHOT
FIGURE 18 ASIA PACIFIC: MARKET SNAPSHOT
FIGURE 19 STUDENT INFORMATION SYSTEM MARKET (GLOBAL), COMPETITIVE LEADERSHIP MAPPING, 2018
FIGURE 20 KEY GROWTH STRATEGIES ADOPTED BY MAJOR PLAYERS IN THE STUDENT INFORMATION SYSTEM MARKET DURING 2015–2019
FIGURE 21 SAP: COMPANY SNAPSHOT
FIGURE 22 SWOT ANALYSIS: SAP
FIGURE 23 ORACLE: COMPANY SNAPSHOT
FIGURE 24 SWOT ANALYSIS: ORACLE
FIGURE 25 SWOT ANALYSIS: ELLUCIAN
FIGURE 26 WORKDAY: COMPANY SNAPSHOT
FIGURE 27 SWOT ANALYSIS: WORKDAY
FIGURE 28 SWOT ANALYSIS: JENZABAR
FIGURE 29 TRIBAL GROUP: COMPANY SNAPSHOT
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