The Latin America, Middle East and Africa Student Information System Market would witness market growth of 17.8% CAGR during the forecast period (2021-2027).
Student information system is web-based information management software created for educational institutions to create a conducive and structured information exchange environment that unifies administration and aids in the management of student data. Student management systems, student information management systems, student records systems, and other software packages are common across these systems. They can store and track all types of student data, such as attendance records, grades, academic records, and among others.
Due to the rapidly expanding education sector, increased online education, and rising internet and mobile device adoption, the industry is experiencing substantial expansion. The use of Student Information System (SIS) solutions is expected to increase as educational institutions focus more on providing quality education and facilitating communication between students, parents, and faculty, as well as widespread government initiatives for technological upgrading of the education sector. Additionally, the market's growth is being hampered by a lack of institutional understanding and a scarcity of digital infrastructure.
In the Middle East, people are getting inclined towards sedentary, western, and hectic lifestyles. AI-based technologies are assisting R&D. LAMEA is a developing region due to this its growth rate is low. This results in hindering the growth rate of this region. Major countries in this region are currently dealing with extreme poverty which is affecting the growth in this region.
Countries like Brazil are adopting this Student Information System software which would result in the expansion of the market in this region. Nowadays people are getting educated and getting inclined towards adapting these new technologies which would aid in making life easier.
The Brazil market dominated the LAMEA Student Management Student Information System Market by Country 2020, thereby, achieving a market value of $88.5 million by 2027. The Argentina market would witness a CAGR of 18.9% during (2021 - 2027). Additionally, The UAE market is expected to witness a CAGR of 17.9% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Student Information System Market is Predict to reach $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.
By Component
By Deployment Type
By Application
By End User
By Country
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