Since long the education market has been growing and evolving
expansively and is expected to foresee even better growth in coming years.
Enterprise resource planning (ERP) in education has a history and its presence
in the major organization has facilitated ease of operations and management
process. Enterprise resource planning in education field has enabled
integration of various functions of an organization in real time to maintain
and manage databases and all the functions efficiently. ERP systems keeps a
track of business resources, examine production capacity and govern the status
of admissions, and payroll. ERP simplifies the flow of information between
numerous business functions, and also it's responsible for updating priority
investors.
Educational institutes like universities and schools are more
inclined to concentrate upon their core competency by offering quality
education. Hence, education industry is intended to outsource the complicated
management process to a third party vendors. In universities and schools, ERP
system supports comfortable and user friendly management of student information
system, enrollment & admission system, payroll, placement management,
accounting, transport management and others. Moreover, the demand for security
of critical data of institutions is another reason behind consideration of ERP
by schools and universities.
The improvisation in technology and overall demand of concepts
related to computing is driving the market for Enterprise Resource Planning in
the education sector. This market is projected to rise high significantly with
rapid adoption among the educational sector. Also other factors such as emergence
of better functionality of educational system, capacity of the system in
regards with flexible infrastructure most important reason for driving the
market would be the requirement for streamlining the academic process. As these
systems stick to a particular set up, possibility of customization is less and
therefore there are other substitutes taking over the market, which is
restricting the educational ERP market growth.
With the introduction of cloud-based ERP and improvised admin
experiences in various institutes the market is expected to vision newly
evolving potential markets and hence creating new opportunities for the market
growth. This market is broadly segmented into five segments viz., solutions,
services, deployment, end-user and region. The solutions segment is further
classified into student information system, HR-payroll, financial management,
placement management, transport management,
enrolment & admissions,
business intelligence and others. Similarly the services segment further comprises
of implementation, consulting, training & support and portal services.
Implementation and consultation are already dominate the market, whereas
training and support is rapidly catching the speed to generate more and more
awareness about the system globally. Based on deployment type the market can be
categorized into cloud-based and on-premises. The SaaS based ERP applications
is majorly considered by educational institutes because of the low cost related
with the maintenance, system updates and acquisition. In terms of its end-users
the market is segmented into kindergarten, K-12 and higher education. The high
rising growth of administrative application along with the increasing
acceptance of automated system have made transfer of information additionally flexible
and advanced for the end-users.
Complete Report is Available at http://www.reportsweb.com/education-erp-market-to-2025
Globally the market is segmented into five regions, namely, North
America, Europe, Asia-Pacific, South America and Middle East & Africa. The
adoption of ERP is expected to decline in developed economies such as U.K, U.S.
and Canada. Whereas in other developing economies, Asia-Pacific, Middle East
and Africa, and SAM are expected to propel, as K-12 schools and higher
education institutions throughout the regions are unsusceptible towards the new
technological deviations. Some of the key players in this market are Dell Inc.,
SAP AG, Epicor Software Corporation, Ellucian, Jenzabar, Inc., Netsuite,
Blackbaud, Inc., Unit4 Software, Infor and Oracle Corporation among others
Global Education
ERP Market Players:
Dell
Inc.
SAP AG
Epicor
Software Corporation
Ellucian
Netsuite
Unit4
Software
Infor
Oracle
Corporation
Jenzabar,
Inc.
Blackbaud,
Inc
ReportsWeb is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
Contact Us:
Phone: +1-646-491-9876
Email Id: sales@reportsweb.com
No comments:
Post a Comment
Please do not enter any spam link in the comment box...