PUNE, India, October 26, 2015 /PRNewswire/ --
According to a new market research report "Education ERP Market by Software Solutions (SIS, HR/Payroll, Financial Management, Placement Management, Transport Management, Enrolment and Admissions, Others), Services, Deployment, User Type & Region - Global Forecast to 2020", published by MarketsandMarkets, Education ERP Market to grow from USD 6.40 Billion in 2015 to USD 14.22 Billion in 2020, at a CAGR of 17.3% during the forecast period.
Browse 71 market data Tables and 74 Figures spread through 179 Pages and in-depth TOC on "Education ERP Market"
Early buyers will receive 10% customization on this report.
The market report defines and segments the global educational administrative software market into various subsegments with an in-depth analysis and forecasting of market sizes. The report also identifies the factors driving this market, various restraints, and opportunities impacting it along with the adoption trends.
A school and college management software allows an institution to efficiently manage the business process across various departments, thereby, improving the communication and collaboration across departments and divisions. With education ERP systems, administrative modules are managed by software that allows administrators and supervisors to easily access reports and student information.
As technology continues to advance, it brings with it modern prospects and challenges for educators and learners. The biggest challenges for institutions are the difficulties in integrating the ERP systems with the internal systems and the restricted customization options available in the ERP module.
Consolidated management of the student information saves the budget and time required to manage administrative activities. Information depository of education ERP, which is accessible to the students, faculty, and parents, sometimes creates connectivity complications, problems in sustaining & streamlining software, and technological issues. Some vendors may also find it challenging to direct through the education ERP program due to unclear instructions and lack of knowledge about the usage of these systems.
The Education ERP Market caters to users from the academic world. The market consists of various large and niche players who provide proficient software solutions such as SIS, HR/payroll, financial management, placement management, transport management and enrolment and admissions.
Some of the major vendors in the Education ERP Market are Blackbaud, NetSuite, SAP, Oracle, UNIT4, Epicor, and Infor. The major forces driving this market are the demand for automated management of business processes in academic institutions and the need for better functionality of administrative modules. However, it is anticipated that the major vendors would face tough competition from the local vendors from diverse regions, especially in the field of school management software solutions. The educational institutions, colleges, and universities are strategically deploying applications to promote efficient automation and integration of business processes.
Get Free Sample Pages @ http://www.marketsandmarkets.com/requestsample.asp?id=225190725
MarketsandMarkets broadly segments the global Education ERP Market by solution: SIS, HR/payroll, financial management, placement management, transport management, and others; by service: implementation, consulting, and training and support; by deployment type: cloud and on-premise; by user type: kindergarten, K-12, and higher education; by region: North America, Asia-Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America.
MarketsandMarkets forecasts the global Education ERP Market to grow from USD 6.40 Billion in 2015 to USD 14.22 Billion in 2020, at a CAGR of 17.3% during the forecast period. In terms of regions, North America and Europe are expected to be the largest markets in terms of market size, while APAC and MEA are expected to experience an increase in market traction, during the forecast period.
Browse Related Reports
Higher Education Market [Software Solutions, Content & Collaboration, Data Security & Compliance, Campus Technology, Student & Curriculum, Performance Management] - Worldwide Market Forecasts and Analysis (2014-2019)
Smart Education and Learning Market by Hardware (IWB & SBL), Software (LMS/LCMS, ERP, Test & Assessment, Mobile Education Apps), Educational Content (Audio & Video Courseware, E-Textbooks), Learning Modes, User Type, & Region - Global Forecast to 2020
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: [email protected]
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets