Market Trends of School Information Management System Industry
This section covers the major market trends shaping the School Information Management System Market according to our research experts:
Greater Emphasis on the Use of Technology as a Tool to Track Student Activity is Expected to Boost Market Growth
- Software solutions provide institutions with well-organized information management systems that help faculty members build improved courses and manage classrooms and schools proficiently. The school data dashboard helps the admin generate powerful data analytics, reports, and customized visual dashboards for decision-making and quick presentations to all admin levels.
- For instance, Edecofy's Student Performance Analytics for School enables schools and universities to deeply analyze their student information and generate student data on subject areas, reports, metrics, and dashboards based on tests, results, student attendance, and class schedule information.
- Adopting Artificial Intelligence (AI) and big data analytics in student information systems enhances operational efficiency and the digital experience. Furthermore, student information systems employ Robotic Process Automation (RPA) or machine learning to decrease redundant staff work by automating mundane operations, allowing staff to spend more time with students.
- With the increasing adoption of mobile devices across demographics, mobile applications are increasingly being incorporated into student information systems to improve usability for both students and parents. The integration of AI into student information system applications is projected to expand with mobile accessibility and cloud migration, boosting the growth of the student information market throughout the forecast period.
- According to AppMagic, ABCmouse, a subscription-based learning app for children, was the most downloaded learning app for children in the United States market as of October last year, with approximately 2.77 million downloads across iOS and Android devices. Kiddopia was in second place with about 1.83 million downloads, while Noggin Preschool Learning App came in third with around 1.6 million downloads in the previous year.
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Asia Pacific is Expected to be the Fastest-Growing Market
- The region has diverse sets of countries at different levels of income and development, especially in Central Asia, which has been boosting educational technology. The use of school information systems is witnessing demand, with the increasing demand and availability of MOOCs, online learning materials, devices, and internet connectivity at home.
- According to the Statistics Bureau of Japan, the education budget is one of the significant budgets in the general account of the Japanese government, focusing on the development of culture, education, and science in Japan. The original budget of the Japanese national government's general account for education and research expenditures in the previous fiscal year was approximately JPY 5.4 trillion (USD 0.041 trillion).
- According to MEXT (Japan), in the previous year, the number of students enrolled in private universities was estimated to reach over 2.2 million, the highest among students enrolled in higher education institutions. Over 2.9 million students were enrolled in Japanese institutions that year, with nearly 45 percent of them being female. It is a region with immense opportunities for school information system vendors to penetrate and increase its customer base.
- Besides, in Southeast Asian countries such as Singapore, the prospects for adopting such information management systems are high as the ubiquity of and familiarity with the technology, in addition to the cultural emphasis on education, make Singaporeans natural adaptors of new ed-tech.
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