The education ERP market is estimated to grow from $ 6.77 billion in 2016 to $ 14.19 billion by 2021, at a CAGR of 15.9% between 2016 and 2021. Companies are making efforts to increase their revenues and reduce expenses as the global market competition continues to shrink profit margins. Organizations of all sizes are focusing increasingly on analysing their sales and market saturation in specific territories as well as identifying gaps. Hence, the increased demand to manage various academic processes is fueling the growth of the education ERP market. However, easy availability of various administrative systems is restraining the growth of the education ERP market.
“The on premise segment accounts for the largest share of the education ERP market during the forecast period.”
The on premise deployment type segment is estimated to account for the largest share of the education ERP market during the forecast period. On-premise deployment of education ERP solutions enables enterprises to create, store, and deliver critical business data and control access to various administrative programs. It also provides prospects for customization as education ERP solutions can be modified per requirements of users, along with confirmation of quality and consistency of data. This helps in the reduction of data loss, thereby helping organizations to improve their performance, reduce cost, and manage complex environments.
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“Managed services segment is expected to grow at highest CAGR during the forecast period”
The organizations are steadily growing their partnership networks to deploy the Education ERP solutions across the globe. Thus, the managed services segment is expected to grow at the highest CAGR during the forecast period. However, professional services segment is expected to have the largest market size in 2016.
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Education ERP Modules Market Drivers
Education ERP Modules Market Opportunities
Education ERP Modules Market Restraints
Education ERP Modules Market Challenges
The Education ERP Modules Market for process control applications is expected to grow at the highest rate during the forecast period. Signal conditioners in process control applications separate the supply voltage from the input and output circuits and enable the analog circuit to operate with one operating voltage. Moreover, signal conditioners electrically separate input as well as output signals from each other. This eliminates the differences caused by common reference points and provides protection against irrevocable damage caused by overvoltages.
The key players in the Education ERP modules market profiled in this report are
1. SAP AG (Germany)
2. Blackbaud, Inc. (U.S.)
3. Oracle Corporation (U.S.)
4. Dell Inc. (U.S.)
5. Epicor Software Corporation (U.S.)
6. Ellucian (U.S.)
7. Jenzabar, Inc. (U.S.)
8. Infor, Inc. (U.S.)
9. Unit4 Software (Netherlands)
10. Foradian Technologies (India)
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The Asia-Pacific education ERP market is projected to grow at the highest CAGR during the forecast period, 2016 to 2021. The growth of the Asia-Pacific education ERP market can mainly be attributed to increased adoption of education ERP modules across various educational institutions. Rapid adoption of education ERP solutions by various educational institutions of the Asia-Pacific region has made this region a lucrative market for vendors of education ERP solutions. However, the growth of the Asia-Pacific education ERP market is fragmented and several local players have made their contributions to the market, thereby making ecosystem of the Asia-Pacific education ERP market competitive. The Asia-Pacific education ERP market is expected to witness exponential growth and is projected to grow at the highest CAGR during the forecast period due to increased demand for video-based learning across countries, such as China, Japan, Australia, and India.
The education ERP market has been segmented by component, user type, deployment type, and region. A detailed analysis of the key industry players has been done to provide insights into their businesses and information related to their products. This report also provides detailed information about the key strategies, such as new product launches, acquisitions, and partnerships adopted by key players to sustain their position in the education ERP market.
The report will help the market leaders/new entrants in this market in the following ways:
1. This report segments the education ERP market comprehensively and provides the closest approximations of the revenue numbers for the overall market and sub segments across different verticals and regions.
2. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
3. This report helps stakeholders to better understand their competitors and gain more insights to improve their position in the business. The competitive landscape section includes new product launches, partnerships, acquisitions, and expansions.
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