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Education Enterprise Resource Planning Market worth $15bnn by 2024

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Education ERP Market size to grow at over 15% CAGR to rach $15bn by 2024: Global Market Insights Inc.

Fuel Cell Market size worth $25.5bn by 2024

Low Power Wide Area Network


Regional Analysis of Education Enterprise Resource Planning (ERP) Market :

  • The U.S. education ERP market is anticipated to witness a considerable growth due to the high prevalence of unconventional infrastructure and universities across the region.
  • The Asia Pacific education ERP market size is anticipated to experience a substantial growth from 2016 to 2024. The growth can be attributed to the rising significance of video-based learning in various economies such as India, China, and Japan. In addition, the escalating prominence of sophisticated systems may catapult the regional growth over the forecast timeline.

Application Analysis of Education Enterprise Resource Planning (ERP) Market:

  • The rising demand for administrative applications accompanied by the increasing acceptance of automated system has made the transmission of information exceptionally flexible and sophisticated for end users. These systems enable the integration of numerous functions of an organization in real time to sustain and manage databases efficiently.
  • SaaS-based ERP applications are progressively considered by educational institutes owing to the low cost associated with their maintenance as well as system updates. The advent of cloud services in the ERP systems is likely to encourage institutions as they enable effective data and software management centrally through a service provider.

Competitive Market Share of Education Enterprise Resource Planning (ERP) Market:

  • Key players operating in the education ERP market share include Netsuite, Ellucian, Jenzabar, Unit4, Oracle Corporation, and Epicor Software. Other companies include blackbaud, SAP, Infor, advanced business solutions, and Microsoft.
  • In April 2016, Ellucian launched Banner Finance 9.0, a higher education financial management system. This software is likely to assist colleges and universities in managing financial transactions effectively.

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