School Information Management System Market

Global School Information Management System Market Size (2024 to 2029)

The global school information management system market is anticipated to be worth USD 20.04 billion by 2029 from USD 11.17 billion in 2024, growing at a CAGR of 12.4% from 2024 to 2029.

The school information management system allows the daily activities of schools to develop more fluidly. These solutions provide benefits such as streamlined workflows, streamlined business processes, automated operations, better student engagement and others. School information management system offers various benefits, from hosting parent-teacher meetings to online fee collection and exam administration, and school big data management software manages all processes smoothly and efficiently. For example, in February 2020, Carl Albert State College (CASC), a public community college that is in Southeast Oklahoma, USA chose Ellucian Colleague software for converting campus-wide software. The software will integrate institutional data, enabling transparency between departments, improving the way data is shared with staff and students, and streamlining and simplifying administrative task processes.

MARKET DRIVERS

The growing emphasis on the use of technology as a tool for tracking student activity is expected to drive market growth in the future. Software solutions provide institutions with well-organized information management systems that help faculty members create enhanced courses and competently manage classrooms and schools. School Data Dashboard helps the administrator generate powerful data analytics, customized visual reports and dashboards for decision-making and quick presentations for all levels of government. For instance, Edecofy's Student Performance Analysis allows schools and universities to analyze in-depth information about their students and generate subject data, reports, metrics and dashboards based on tests, results, student attendance and information on the class schedule.

The emphasis of educational institutions to improve the quality of education and facilitate communication between students and teachers, parents and teachers, and within departments, and widespread government initiatives is promoting the global school information management systems market. For technological advances in the education sector to proliferate, the integration of various educational systems such as the student management system, the student information management system and the student records system. These are the major factors driving the growth of the School Information Management System market.

In addition, the focus on improving the quality of education and the learning experience is also stimulating the growth of the integration of analytics into education. According to the Singapore Department of Statistics, as of 2019, the average number of years of schooling for adults aged 25 and over is around 11.2 years, and with the help of technology, experience and overall performance can be significantly improved. Such factors provide opportunities for suppliers to further penetrate the developed and emerging countries' market.

The further deployment of these solutions on a cloud platform significantly reduced the associated cost and required IT support, further driving growth. In March 2020, Ellucian published that the Arkansas State University (ASU) System, a network that comprises about 23,000 students of Arkansas universities, had turned towards Ellucian Banner for implementing a cloud-based information management system. In the state's effort to align institutions of higher education, the ASU system would implement Banner to create a scalable shared cloud platform designed to increase collaboration, combine resources and support the future growth of schools in the system.

MARKET RESTRAINTS

However, the lack of awareness of educational institutions about student information systems is a major factor slowing the growth of the worldwide market.

Impact Of COVID-19 on the Global School Information Management System Market

The recent coronavirus outbreak has also negatively impacted the education industry around the world. With the continued lockdown, schools and colleges have come to a complete halt and started implementing online solutions to continue with the curriculum and assessments scheduled for the year. In this scenario, school information systems are expected to develop in countries with good network infrastructure and good Internet penetration. However, these systems cater for a comparatively smaller number of schools compared to the current demand for education and therefore the cost could become one of the major factors hampering the growth of the market as it can lead to the loss of opportunities in emerging countries.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global School Information Management System Market Analysis By Deployment Model

Cloud-based deployment dominates the global market during the forecast period. Cloud-based deployment uses SaaS (software as a service), PaaS (platform as a service) solutions accessible on demand depending on the module.

REGIONAL ANALYSIS

Among these, North America had a market share of 41.34% in 2019 and is expected to maintain its dominance during the forecast period. The United States plays an important role in the development of educational technology, contributing to the adoption of new smart learning solutions in key segments of end users. The North American educational technology (EdTech) industry is developing considerably thanks to abundant investments. North America is followed by APAC and Europe. APAC is expected to maintain a market share during the outlook period with countries like China, Japan, and South Korea being the main contributors to business growth in this area.

KEY PLAYERS IN THE GLOBAL SCHOOL INFORMATION MANAGEMENT SYSTEM MARKET

Companies playing a major role in the global school information management systems market include Ellucian Company L.P., Foradian Technologies, Hobsons, Jenzabar, Inc., Oracle Corporation, Web School ERP, Creatrix Campus, Skolaro, feKara, and Gibbon and Others.

RECENT HAPPENINGS IN THE GLOBAL SCHOOL INFORMATION MANAGEMENT SYSTEM MARKET

• In May 2020, Jenzabar, Inc., announced the launch of its support for competency-based training (CBE) programs through the Jenzabar One suite. Jenzabar Student's enrollment module now supports CBE strategies, which can help higher education institutions boost enrollment and drive student success by presenting multiple and unique paths to completion.

• In February 2020, Ellucian partnered with OnePLM to drive the digital transformation of specialist higher education providers. The partnership aims to help grow its leading Software-as-a-Service (SaaS) solution, Ellucian Quercus, developed for specialist higher education providers.

DETAILED SEGMENTATION OF THE GLOBAL SCHOOL INFORMATION MANAGEMENT SYSTEM MARKET INCLUDED IN THIS REPORT

This research report on the global market for school information management systems has been segmented and sub-segmented based on deployment model, operating system, modules, and region.

By Deployment Model

• Cloud

• On-Premises

By Operating System

• iOS

• Android

• Windows

By Modules

• Student Assessment

• Finance Management

• Human Resources

By Region

• North America

• APAC

• Europe

• MEA

• Latin America