Europe Student Information System Market By Component (Software and Services), By Deployment Type (Cloud and On-premise), By Application (Admission & Recruitment, Student Engagement & Support, Student Management, Financial Management and Others), By End User (Higher Education and K-12), By Country, Growth Potential, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The Europe Student Information System Market would witness market growth of 13.2% CAGR during the forecast period (2021-2027).
As part of bigger digital transformation programs to improve the student experience, Student Information System is being introduced throughout various sections of educational institutes, from payroll to student lifecycle tracking to administration. All of these advancements in the education sector are expected to boost the Student Information System market's growth. The Student Information System solutions contain features and functionality that cover the majority of a school's student-management requirements. The choice of solutions, on the other hand, is mostly determined by the geographic region, the size of the institution, and the educational entity's objective.
The demand for Student information systems (SIS) are expected to increase significantly over the forecast period. This can be ascribed to the fast-changing educational landscape, expanding internet penetration, increased online education, and increased mobile device use. Furthermore, educational institutions' increasing emphasis on providing high-quality education and streamlining communication between faculty, students, and parents, as well as widespread government initiatives to upgrade education infrastructure, are expected to increase the use of Student Information System software and services.
Europe is the second-largest region in the student information system market. The factors responsible for the growth are the rise in educational tourism and the higher number of foreign students coming to various countries in this region. As the education sector is gaining more popularity in this region which is resulting in a higher inclination towards the student information system software. This technology makes the life of various educational institutions easier.
This SIS software assists all the educational institutions as this is a developing region and various students are coming to these regions for further studies and various teachers are being appointed and this software makes it convenient for these institutions. SIS improves the administration of the school as well as students.
The Germany market dominated the Europe On-premise Student Information System Market by Country 2020, thereby, achieving a market value of $384.1 million by 2027. The UK market is exhibiting a CAGR of 7.4% during (2021 - 2027). Additionally, The France market is poised to grow at a CAGR of 8.8% during (2021 - 2027).
Based on Component, the market is segmented into Software and Services. Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on Application, the market is segmented into Admission & Recruitment, Student Engagement & Support, Student Management, Financial Management and Others. Based on End User, the market is segmented into Higher Education and K-12. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Student Information System Market Size will Hit $18.7 Billion by 2027, at a CAGR of 14%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAP SE, Oracle Corporation, Siemens AG, Dassault Systemes SE, IBM Corporation, Hewlett Packard Enterprise Company, Accenture PLC, Autodesk, Inc., Tata Consultancy Services Ltd. and Infor, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Deployment Type
- Admission & Recruitment
- Student Engagement & Support
- Student Management
- Financial Management
By End User
- Higher Education
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- SAP SE
- Oracle Corporation
- Tribal Group Plc
- Workday, Inc.
- Jenzabar, Inc.
- Skyward, Inc.
- Foradian Technologies Private Limited
- Anthology, Inc.
- Ellucian Company L.P.
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