slide 1: Education ERP Market Worth
14.19 Billion USD by 2021
NEWS PROVIDED BY
MarketsandMarkets
Oct 17 2016 09:30 ET
PUNE India October 17 2016 /PRNewswire/ --
According to a new market research report "Education ERP Market by
Component Solution SIS Financial Management HR/Payroll Enrolment
Admission Placement Management Service Deployment Type Cloud
On-Premise User Type K-12 Higher Education Region - Global Forecast
to 2021" published by MarketsandMarkets the market estimated to grow
from USD 6.77 Billion in 2016 to USD 14.19 Billion by 2021 at a CAGR of
15.9 between 2016 and 2021.
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Browse 58 market data Tables and 45 Figures spread through 130 Pages
and in-depth TOC on "Education ERP Market"
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market-225190725.html
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The major forces driving the Education ERP Market are increased demand
for automated management of various business processes in academic
institutions. Education ERP solutions enable educators to streamline
various educational processes by managing several modules such as
slide 3: HR/payroll nancial management placement management and SIS
across the education sector. These solutions act as an innovative medium
that help students succeed in the ever-widening digital world.
"The cloud deployment type segment of the Education ERP Market is
projected to grow at the highest CAGR during the forecast period."
The cloud deployment type segment of the Education ERP Market is
projected to grow at the highest CAGR during the forecast period 2016 to
2021. Cloud-based deployment type also known as hosted deployment
offers cloud-based education ERP solutions to the academic sector. This
type of deployment keeps the overall cost of the ERP solutions under
control while providing highly exible and scalable access to ERP solutions.
The educational institutions use hosted services to improve centralism
exibility collaboration of data and reduction of data loss during transition.
"The higher education user type segment is projected to lead of the
Education ERP Market during the forecast period."
The higher education user type segment is projected to lead the Education
ERP Market during the forecast period 2016 to 2021. Higher education
institutions include private as well as government-funded colleges and
universities. The dynamics of learning and teaching are changing in the
higher education sector and organizations are depending on education
ERP solutions to efciently address these alterations. Education ERP
slide 4: solutions help in reinforcing the way administrative processes such as
HR/payroll nancial management and enrolment interactions are carried
out within campus premises.
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"The North American region is expected to lead the Education ERP
Market during the forecast period."
On the basis of regions the Education ERP Market has been segmented
into North America Asia-Pacic APAC Europe Middle East Africa MEA
and Latin America. The North American region is estimated to lead the
Education ERP Market in 2016 owing to increased demand for efcient
management of various academic processes. ERP solutions in academic
institutions have enabled administrators to manage various business
processes such as student billing registration and enrolments effectively.
Educational institutions across the North American region have rapidly
adopted education ERP solutions to manage student information. The Asia-
Pacic Education ERP Market is projected to grow at the highest CAGR
between 2016 and 2021.
Some of the leading players in the Education ERP Market include SAP AG
Germany Blackbaud Inc. U.S. Oracle Corporation U.S. Dell Inc. U.S.
Epicor Software Corporation U.S. Ellucian U.S. Jenzabar Inc. U.S. Infor
Inc. U.S. Unit4 Software Netherlands and Foradian Technologies India.
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