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(Wireless-NewsWire.Com, July 28, 2016 ) 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.
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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.
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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.
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
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Few Key Points from Table of Content
7 Education ERP Market – Competitive Landscape
7.1 Global Education ERP Market Sales Revenue (US$ Bn), 2014 – 2025
7.2 Education ERP Market – Market Share Analysis of Market Positioning of Key Players, 2015
8 Global Education ERP Market Revenue and Forecasts to 2025 – Solution
8.1 Overview
8.1.1 Segment Share (%), 2015 & 2025
8.2 Student Information System
8.3 HR-Payroll
8.4 Financial Management
8.5 Placement Management
8.6 Transport Management
8.7 Enrolment & Admissions
8.8 Business Intelligence
8.9 Others
9 Global Education ERP Market Revenue and Forecasts to 2025 – Service
9.1 Overview
9.1.1 Segment Share (%), 2015 & 2025
9.2 Implementation
9.3 Consulting
9.4 Training & Support
9.5 Portal Services
10 Global Education ERP Market Revenue and Forecasts to 2025 – Deployment Type
10.1 Overview
10.1.1 Segment Share (%), 2015 & 2025
10.2 Cloud Based
10.3 On-Premises
11 Global Education ERP Market Revenue and Forecasts to 2025 – End-users
11.1 Overview
11.1.1 Segment Share (%), 2015 & 2025
11.2 Kindergarten
11.3 K-12
11.4 Higher Education
13 Global Education ERP Market, Key Company Profiles Included Key Facts, Business Description, Financial Overview, SWOT Analysis and Key Developments
13.1 Dell Inc.
13.2 SAP AG
13.3 Epicor Software Corporation
13.4 Ellucian
13.5 Netsuite
13.6 Unit4 Software
13.7 Infor
13.8 Oracle Corporation
13.9 Jenzabar, Inc.
13.10 Blackbaud, Inc.
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