Pune, India -- (SBWire) -- 03/09/2019 --Advancement in technology has raised an alarming progress amongst industries towards automation and digitization. Industries across North America are early adopters of digitization and automation. Among industries, the education sector is growing at a significant pace and is contributing towards region's economic growth. This leads to attraction of investments from government as well as private authorities in order to equip better facilities and resources for imparting efficient knowledge to the students. As a result, a growth in admission and enrollment of international students across the region is being experienced. Education ERP market is anticipated to grow at a CAGR of 3.8% during the forecast period (2019 – 2027). An enrollment and admission growth of around 2.5 percent of overseas students, in the United States, was experienced in large public universities and tier two schools from the year 2007 to 2015. The traction of increasing enrollments and expectation for qualified learning administration, has resulted in the adoption of ERP software especially the cloud based among education institutes. This is primarily to regulate, automate and optimize their institute functions and costs in order to concentrate more on their academic administration. However, rise in open source school administration and management software is restricting the development of education ERP market in the region. Despite the challenges, academic institutions are favoring customized ERP suite, as most of the institutes function in an innovative manner. Thereby, depicting a new horizon for the market players to explore the education ERP market.
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"Increasing Attraction of International Students amongst Large Public Universities and Tier Two Schools for Qualified Learning Experience in U.S. is contributing to the growth of Education ERP Market"
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The detailed research study provides qualitative and quantitative analysis of education ERP market. The market has been analyzed from demand as well as supply side. The geographical analysis emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East, Africa and Latin America.
Some of the players operating in the education ERP market are Adas Technologies Pvt. Ltd., Blackbaud, Inc., Edunext Technologies Pvt. Ltd., Ellucian Company L.P., Epicor Software Corporation, Foradian Technologies, Infor, Jenzabar, Inc., Oracle and Unit4.
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By Component
o Solution
o Financial Management
o Admission and Enrollment Management
o Staff Management
o Learning Platform
o Transport Management
o Academic Management
o Other Resource Management
o Services
By Deployment
o On Premise
o Cloud
By Application
o Kindergarten
o K12
o Higher Education
By Region
o North America
o U.S.
o Canada
o Mexico
o Rest of North America
o Europe
o France
o The UK
o Spain
o Germany
o Italy
o Nordic Countries
? Denmark
? Finland
? Iceland
? Norway
? Sweden
o The Benelux Union
? Belgium
? The Netherlands
? Luxemburg
o Rest of Europe
o Asia Pacific
o China
o Japan
o India
o Australia
o New Zealand
o South Korea
o Southeast Asia
? Indonesia
? Thailand
? Malaysia
? Singapore
? Rest of Southeast Asia
o Rest of Asia Pacific
o Middle East and Africa
o Saudi Arabia
o Egypt
o Kuwait
o South Africa
o Rest of Middle East and Africa
o Latin America
o Brazil
o Argentina
o Rest of Latin America
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Education ERP Market to Grow at a CAGR of 3.8% by 2027 Owing to the Growth in Investments for Efficient Facilities and Resources in Education Institutes
Education ERP Market is rapidly growing at a CAGR of 3.8% in Forecast 2019-2027