Players Investing in New Technologies to Diversify Growth Prospects in Education ERP Market – Zion Market Research – ZMR Blog
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Players Investing in New Technologies to Diversify Growth Prospects in Education ERP Market – Zion Market Research

Enterprise resource planning provides automated functions for integrating business management processes. The education ERP helps in automating tasks such as back-office process, data security, admission, and others. Education ERP system provides a cost-effective solution to the educational institutions.

Global Education ERP  Market: Growth Factors

The implementation of education ERP software has increased drastically owing to the rise in the number of educational establishments. ERP software help to increase the efficiency of the institution’s procedure. The education ERP software help in tracking the available resources, which include raw materials, money, and others. The software also helps in maintaining the records of purchase orders and the payrolls of employees. In recent years, it has been observed that educational institutions are outsourcing complicated management processes to other vendors. Education ERP systems assist in managing the payroll, placement management, enrolment, Student Information System (SIS), accounting, transport management, and admissions. All these factors are promoting the growth of education ERP market. In recent years, e-learning methodologies have gained huge market. These e-learning models have an increased demand for connected devices. Management of all these processes is a big task which is resolved by the education ERP system. All these advancements in the education system and increasing adoption of digital education has opened potential opportunities to the market. The main hindrance to the market growth is lack of awareness about the education ERP systems.

 Global Education ERP  Market: Segmentation

Segmentation of education ERP market includes component type, deployment type, and user type. Based on component type, the global market is bifurcated into solution and service. The solutions segment is further categorized into  HR or payroll, placement management, enrollment & admission, student information system (SIS), financial management, transport management. The service segment includes consulting, portal service, implementation, training & support. The deployment type segment is divided into cloud and on-premise. Demand for cloud deployment model is anticipated to grow rapidly in the coming years owing to the data integrity and high security. On the basis of user type, the market is categorized into K-12, kindergarten, and higher education. The growing importance of primary education and increasing approaches toward e-learning techniques drive the education ERP market.

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Global Education ERP  MarketRegional Analysis

Major shares in the global education ERP market is contributed by North America and Europe. Presence of highly acclaimed universities in these regions, increasing spending on the educational facilities, investments in exceptional educational infrastructure, early adoption of new learning techniques are some of the major factors driving the education ERP market in these regions.

Asia Pacific region anticipates showing a rapid growth rate in the coming years in education ERP market. Key factors promoting the market growth are increasing awareness regarding the new technologies and developments in the education system, growing penetration of internet among the younger generation, improving infrastructure, and increasing use of sophisticated systems.

Global Education ERP  Market: Competitive Players

Vendors and enterprises included in the global education ERP market are Blackbaud, Inc., Dell Inc., Ellucian, Infor, Inc., Foradian Technologies, SAP AG, Oracle Corporation, Epicor Software Corporation, Jenzabar, Inc., and Unit4 Software, among others.

Global Education ERP  Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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