K-12 Student Information System Market
The global K-12 student information systems market is currently worth USD 47551.75 million and is poised to amplify at a CAGR of 17.25% over 2022-2030, amassing a valuation of USD 82932.51 million by the end of the evaluation schedule.
The system also supplies many other computer systems with the necessary data. Through these platforms, information such as grades and attendance history are monitored. The SIS K-12, which is a feature that distinguishes these higher education SIS resources, is frequently available to parents. A feature called SMS is available in many K-12 student information systems, allowing instructors and parents to communicate immediately. This allows the monitor to inform the parent of the intellectual and social development of his child at school.
Drivers of market dynamics
Improved consumer satisfaction and educational excellenceBy providing parents, teachers, students and authorities with an effective communication platform, SIS helps institutions raise the standard of education. The system records information about each student, their course enrollments and results. funds allocated to the education sector. Both public and private entities are increasing their spending in the education sector, which is fueling the expansion of the market. Moreover, the market is expanding due to intensive research and development efforts.
Impact analysis for COVID-19
Due to the closure of many schools, the COVID-19 pandemic has significantly slowed the growth of the education industry. The harsh lockdown, which lasted more than a year, is hampering market expansion. However, as more and more people choose online education as a beneficial way to learn without compromising security, the demand for student information systems (SIS) has increased. In order to meet the needs of students and patients, schools have begun to implement student information systems (SIS). The student information systems (SIS) market has thus benefited from the COVID-19 epidemic.
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Opportunity: Potential university markets are beginning to emerge.
Solutions for student information systems have been adopted by academic institutions. For companies that have adopted many SIS modules to perform administrative activities, such as billing and student registration, the benefits of these systems are obvious. SIS systems for education are developed and widely used in North America and Europe. Adoption of these solutions is still in its infancy in the Middle East and Asia-Pacific, but is expected to accelerate in the coming years.
Global K-12 Student Information System Market – Key Trends
Improved consumer satisfaction and excellence in education will help market growth
By providing parents, teachers, students and authorities with an effective communication platform, the SIS helps schools raise the standard of education. The system keeps track of a student’s information, class subscriptions, and results. To maximize their return on investment, many institutions customize their administrative infrastructure systems. SIS and LMS are so preferred over ERP solutions because of their affordability, simplicity and accessibility.
Global K-12 Student Information System Market – Industry Assessment
• On the site
The K-12 segment holds the largest market share and is expected to grow in the coming years.
Global K-12 Student Information System Market – Competitive Landscape
The major companies defining the competitive terrain of this market are Skyward, PowerSchool, Illuminate Education, Moment, Harris School Solutions, Infinite Campus, Tyler Technologies, IGradePlus, and Cheqdin.
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