Chicago, March 14, 2023 (GLOBE NEWSWIRE) — The globe Student Information Systems Market is estimated to grow from US$10.2 billion in 2022 to US$20.5 billion in 2027, at a compound annual growth rate (CAGR) of 14.9% over the forecast period. according to a new report from MarketsandMarkets™.
Browse Detailed TOC on Student Information System Market
282 – tables
57 – numbers
254 pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=21151415
Scope of the report:
| report metrics | details |
| Market size value in 2022 | $10.2 billion |
| Sales forecast size value in 2027 | $20.5 billion |
| growth rate | 14.9% CAGR from 2022 to 2027 |
| Important market growth drivers | Administrative processes need to be streamlined |
| Important market opportunities | Advances in eLearning technologies |
| Base year considered | 2021 |
| forecast period | 2022-2027 |
| Forecast Units | Value (Billion USD) |
| segments covered | By component, deployment mode, end user, and region |
| regions covered | North America, Europe, Asia Pacific, Middle East & Africa, and Latin America |
| Fastest growing region | APAC |
| company covered | Key vendors include Oracle (US), Workday (US), Ellucian (US), PowerSchool (US) and Jenzabar (US) (30 companies in total) |
The introduction of advanced technologies in the education sector in recent years is expected to bring great changes in the student information system market. Vendors are constantly trying to implement new technologies to improve their offerings. For example, AI can be implemented to track and analyze student behavior, which could help faculty understand student needs and vulnerabilities. This helps analyze students’ thought processes and learning styles from their daily interactions, helping to tailor courses to provide a personalized learning experience. The increasing implementation of technologies such as AI, ML, data analytics and IoT are expected to transform the education landscape.
[ad_2]
Source story
