Exploring End-Use Segmentation in the Student Information System Market: Key Insights and Trends
The global student information system (SIS) market size was valued at USD 8.05 billion in 2022 and is anticipated to experience substantial growth, projected at a compound annual growth rate (CAGR) of 20.3% from 2023 to 2030. This robust expansion is largely driven by the increasing digitalization within the education sector, a growing preference for e-learning solutions, and ongoing efforts to improve the quality of education. The COVID-19 pandemic has significantly accelerated the demand for Student Information Systems, as educational institutions swiftly transitioned to online learning to accommodate learners unable to attend physical classes. According to data published by UNESCO, in March 2021, approximately 1.3 billion learners globally were affected by school closures and required online education to continue their studies for the academic year 2020-2021. The pandemic catalyzed the adoption of eLearning technologies, a trend that is expected to persist as institutions seek...