Student Information System (SIS) Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, Australia, UK, Germany - Size and Forecast 2023-2027

Published: Oct 2023

Pages: 156

SKU: IRTNTR40518

Snapshot

Student Information System (SIS) Market Forecast 2023-2027

The Global Student Information System (SIS) Market size is forecast to increase by USD 8,733.38 million at a CAGR of 17.03% between 2022 and 2027. The report includes historic market data from 2017 to 2021. An increase in replacement activities is the key factor driving the growth of the market. Many educational institutions that have adopted older versions of the SIS face functional challenges such as the time allotted to enter data and analyze data entry results. Furthermore, many established student information system (SIS) market players have developed new versions of SIS that are much more advanced than the versions that came out two or three years ago. Therefore, with most educational technology solutions coming to an alternative stage, especially in the higher education segment of developed countries such as the US and the UK, the demand for SIS is expected to grow significantly during the forecast period. This market research and growth report also includes an in-depth analysis of drivers, trends, and challenges.

What will be the Size of the Student Information System Market During the Forecast Period?

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Market Segmentation by End-User

The market share growth by the higher education segment will be significant during the forecast period. Many higher education institutions have increased investments in data warehousing, analytics, and business intelligence. This is beneficial for SIS implementations, as players ensure that their products can be integrated with learning analytics and image analysis software without the help of experts in IT and consultants. As organizations realize these benefits of SIS, the demand for the student information system market will continue to grow.

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The higher education segment shows a gradual increase in the market share of USD 2.41 billion in 2017 and continue to grow by 2021. Favorable political developments in countries such as those in the Gulf Cooperation Council (GCC), where public funding for educational projects has increased, have aroused interest in pursuing education related to STEM. In turn, this increases the number of higher education institutions being established, which will fuel the demand for SIS during the forecast period.

Regional Insights

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North America is estimated to contribute 31% to the growth of the global market during the forecast period. The North American student information system market is expected to record significant growth due to the increasing adoption of software solutions to facilitate the operational efficiency of educational institutions. The growing awareness of the benefits of integrating SIS with other administration software has led some educational institutions to integrate SIS into their digital infrastructure.

In addition, the leading student information system market players have a strong presence in North America; Educational institutions in the region have many options when choosing upgraded solutions. Also, market players are developing a number of software solutions with integrated analysis tools that support strategic decision-making. Furthermore, in countries like the US, SIS is an integral part of most educational institutions' annual educational technology plans. Therefore, SIS will have sustainable demand in this region, which, in turn, will drive the growth of the market in the region during the forecast period.

Market Dynamics and Customer Landscape

The market offers cloud-based systems equipped with advanced analytics and IoT capabilities for higher education institutions to streamline administration processes, enhance data gathering, and employ analysis techniques for optimizing student behavior and performance. Through integrated solutions from vendors, institutions can manage curriculum, marketing, and resources allocation effectively, attracting prospective students and ensuring class size efficiency. Leveraging IoT, edge computing, and 5G telecommunication, along with AI-driven ERP and LMS platforms, institutions can track student attendance, monitor class performance, and analyze examination results and assessment scores via mobile applications, ensuring cloud accessibility and fostering educational excellence. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Significant Market Trends

Technological advancements in AI is the key trend that shaping the growth of the market. Advances in AI systems allow the extraction of large amounts of data, which can help uncover patterns, thereby helping to make strategic decisions. Patterns identify growth and problems are detected earlier; therefore, AI in SIS provides better recommendations and support. AI is becoming the backbone of the SIS by helping organizations realize key operational efficiencies. Additionally, it benefits organizations by supporting data analytics to deliver proactive and efficient services.

Moreover, investments in SIS are estimated to increase significantly due to increasing demand from APAC and MEA. As the number of students enrolled is expected to grow, educational institutions must look for solutions to store data and make decisions based on that data. Incorporating AI into the SIS will be an essential element in achieving the goals and missions of educational institutions. The flow of organizations will be looking for innovative SIS service providers that are expected to drive the growth of AI in the SIS market during the forecast period.

Major Market Challenge

Threat from open SIS is the challenge that affects the growth of the market. An increasing number of open source school administration software players, such as Gibbon, Open Solutions for Education, and STPL Global are impeding the growth of the global SIS market. These providers allow free use of SIS for educational institutions. Many open source companies have started offering SIS solutions with functionality that was previously limited to proprietary players, posing a threat to the SIS market.

Moreover, providers offer features such as attendance tracking, student information, exam management, and enrollment. Since open source companies include almost all features offered by licensed service providers, some educational institutions cannot afford the paid versions of SIS and are adopting open source SIS. Therefore, the presence of open source SIS software solution providers creates a potential threat to paid SIS software companies, which may hinder the growth of the market during the forecast period.

Customer Landscape

The report includes the adoption lifecycle of the market, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on market penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Student Information System Market Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Workday Inc.: The company offers a student information system called the Workday Student platform.

The student information system market report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The Global Student Information System Market is revolutionizing administration processes in educational institutions through innovative technologies like cloud-based systems and Enterprise Resource Planning (ERP) solutions. These systems streamline data gathering and enable sophisticated analysis techniques to enhance decision-making. Vendors offer comprehensive solutions that cater to various aspects, such as student behavior, performance, and curriculum management. Prospective students benefit from personalized experiences, while institutions optimize class size and allocate resources efficiently. Additionally, integration with financial aid systems ensures accessibility to resources.

Emerging technologies like the Internet of Things (IoT) and edge computing leverage 5G telecommunication to enhance mobile analytics and behavior tracking through mobile applications. With cloud accessibility and artificial intelligence (AI) integration, Learning Management Systems (LMS) enable effective monitoring of student attendance, class performance, and examination results, leading to improved assessment scores. The market addresses challenges in allocating resources and managing facilities by automating internal business processes and eliminating laborious manual tasks. It streamlines the management of student information and facilitates seamless retrieval of information across different departments.

From enrolments to academics and billing, it ensures organized records and enhances academic processes. However, concerns such as security breaches, identity theft, and fraud pose risks to sensitive files and documents stored across websites, smartphones, and tablets connected to internet networks. The market leverages digital technologies to combat threats from hackers, viruses, malware, spyware, spam, and phishing attacks. Both the expenses and On-premises segment prioritize compliance management to mitigate security risks.

Segment Overview

This market growth and trends report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

End-user Outlook
- Higher education
- K-12

Deployment Outlook
- On-premises
- Cloud-based

Region Outlook
- North America
  - The U.S.
  - Canada
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- South America
  - Chile
  - Brazil
  - Argentina
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Student Information System Market Scope
Report Coverage	Details
Page number	156
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 17.03%
Market growth 2023-2027	USD 8.73 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	15.48
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 31%
Key countries	US, China, Australia, UK, and Germany
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Anthology Inc., Beehively, Blackbaud Inc., Boardingware International Ltd., Eduware ntc, Ellucian Co. LP, Foradian Technologies, Gradelink Corp., Illuminate Education, Infinite Campus Inc., Jenzabar Inc., Oracle Corp., PowerSchool Holdings Inc., Salesforce Inc., Skyward Inc., Teachmint Technologies Pvt. Ltd., The Tribal Group Plc, Thesis Cloud, VidalinksLLC, and Workday Inc.
Market dynamics	Market trends and analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.
Customization purview	If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the market growth and forecasting between 2023 and 2027
Precise estimation of the market size and its contribution of the market in focus to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Market growth analysis across North America, Europe, APAC, South America, and Middle East and Africa
Market analysis and report of the market’s competitive landscape and detailed information about companies
Market forecasting of factors that will challenge the growth of market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global student information system market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global student information system market 2017 - 2021 ($ million)

4.2 End-user Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

4.3 Deployment Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Deployment Segment 2017 - 2021 ($ million)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

6.1 Market segments
- Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

6.2 Comparison by End-user
- Exhibit 32: Chart on Comparison by End-user
- Exhibit 33: Data Table on Comparison by End-user

6.3 Higher education - Market size and forecast 2022-2027
- Exhibit 34: Chart on Higher education - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Higher education - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Higher education - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Higher education - Year-over-year growth 2022-2027 (%)

6.4 K-12 - Market size and forecast 2022-2027
- Exhibit 38: Chart on K-12 - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on K-12 - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on K-12 - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on K-12 - Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by End-user
- Exhibit 42: Market opportunity by End-user ($ million)
- Exhibit 43: Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Deployment

7.1 Market segments
- Exhibit 44: Chart on Deployment - Market share 2022-2027 (%)
- Exhibit 45: Data Table on Deployment - Market share 2022-2027 (%)

7.2 Comparison by Deployment
- Exhibit 46: Chart on Comparison by Deployment
- Exhibit 47: Data Table on Comparison by Deployment

7.3 On-premises - Market size and forecast 2022-2027
- Exhibit 48: Chart on On-premises - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Data Table on On-premises - Market size and forecast 2022-2027 ($ million)
- Exhibit 50: Chart on On-premises - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on On-premises - Year-over-year growth 2022-2027 (%)

7.4 Cloud based - Market size and forecast 2022-2027
- Exhibit 52: Chart on Cloud based - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Cloud based - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Cloud based - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Cloud based - Year-over-year growth 2022-2027 (%)

7.5 Market opportunity by Deployment
- Exhibit 56: Market opportunity by Deployment ($ million)
- Exhibit 57: Data Table on Market opportunity by Deployment ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 59: Chart on Market share by geography 2022-2027 (%)
- Exhibit 60: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 61: Chart on Geographic comparison
- Exhibit 62: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2022-2027
- Exhibit 63: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.4 Europe - Market size and forecast 2022-2027
- Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.5 APAC - Market size and forecast 2022-2027
- Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027
- Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027
- Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 UK - Market size and forecast 2022-2027
- Exhibit 87: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.10 Germany - Market size and forecast 2022-2027
- Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.11 China - Market size and forecast 2022-2027
- Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)

9.12 Australia - Market size and forecast 2022-2027
- Exhibit 99: Chart on Australia - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on Australia - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on Australia - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Australia - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ million)
- Exhibit 104: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption

11.4 Industry risks
- Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 109: Vendors covered

12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification

12.3 Anthology Inc.
- Exhibit 111: Anthology Inc. - Overview
- Exhibit 112: Anthology Inc. - Product / Service
- Exhibit 113: Anthology Inc. - Key offerings

12.4 Beehively
- Exhibit 114: Beehively - Overview
- Exhibit 115: Beehively - Product / Service
- Exhibit 116: Beehively - Key offerings

12.5 Eduware ntc
- Exhibit 117: Eduware ntc - Overview
- Exhibit 118: Eduware ntc - Product / Service
- Exhibit 119: Eduware ntc - Key offerings

12.6 Ellucian Co. LP
- Exhibit 120: Ellucian Co. LP - Overview
- Exhibit 121: Ellucian Co. LP - Product / Service
- Exhibit 122: Ellucian Co. LP - Key offerings

12.7 Foradian Technologies
- Exhibit 123: Foradian Technologies - Overview
- Exhibit 124: Foradian Technologies - Product / Service
- Exhibit 125: Foradian Technologies - Key offerings

12.8 Gradelink Corp.
- Exhibit 126: Gradelink Corp. - Overview
- Exhibit 127: Gradelink Corp. - Product / Service
- Exhibit 128: Gradelink Corp. - Key offerings

12.9 Illuminate Education
- Exhibit 129: Illuminate Education - Overview
- Exhibit 130: Illuminate Education - Product / Service
- Exhibit 131: Illuminate Education - Key offerings

12.10 Jenzabar Inc.
- Exhibit 132: Jenzabar Inc. - Overview
- Exhibit 133: Jenzabar Inc. - Product / Service
- Exhibit 134: Jenzabar Inc. - Key offerings

12.11 Oracle Corp.
- Exhibit 135: Oracle Corp. - Overview
- Exhibit 136: Oracle Corp. - Business segments
- Exhibit 137: Oracle Corp. - Key news
- Exhibit 138: Oracle Corp. - Key offerings
- Exhibit 139: Oracle Corp. - Segment focus

12.12 PowerSchool Holdings Inc.
- Exhibit 140: PowerSchool Holdings Inc. - Overview
- Exhibit 141: PowerSchool Holdings Inc. - Product / Service
- Exhibit 142: PowerSchool Holdings Inc. - Key offerings

12.13 Skyward Inc.
- Exhibit 143: Skyward Inc. - Overview
- Exhibit 144: Skyward Inc. - Product / Service
- Exhibit 145: Skyward Inc. - Key offerings

12.14 Teachmint Technologies Pvt. Ltd.
- Exhibit 146: Teachmint Technologies Pvt. Ltd. - Overview
- Exhibit 147: Teachmint Technologies Pvt. Ltd. - Product / Service
- Exhibit 148: Teachmint Technologies Pvt. Ltd. - Key offerings

12.15 The Tribal Group Plc
- Exhibit 149: The Tribal Group Plc - Overview
- Exhibit 150: The Tribal Group Plc - Business segments
- Exhibit 151: The Tribal Group Plc - Key offerings
- Exhibit 152: The Tribal Group Plc - Segment focus

12.16 Thesis Cloud
- Exhibit 153: Thesis Cloud - Overview
- Exhibit 154: Thesis Cloud - Product / Service
- Exhibit 155: Thesis Cloud - Key offerings

12.17 Workday Inc.
- Exhibit 156: Workday Inc. - Overview
- Exhibit 157: Workday Inc. - Product / Service
- Exhibit 158: Workday Inc. - Key news
- Exhibit 159: Workday Inc. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 160: Inclusions checklist
- Exhibit 161: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 162: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 163: Research methodology
- Exhibit 164: Validation techniques employed for market sizing
- Exhibit 165: Information sources

13.5 List of abbreviations
- Exhibit 166: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

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What are the revenue-generating key market segments?
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What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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