• Middle East
  • North Africa
  • Global
  • Business
  • Finance
  • Technology
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Submit Press Release
Search
Close
Search
Close
Home Press

Education ERP Market worth $25.2 billion by 2026

admin by admin
February 9, 2022
in Press
Education ERP Market worth $25.2 billion by 2026
Share on FacebookShare on Twitter


 


(EMAILWIRE.COM, February 09, 2022 ) According to a new market research report “Education ERP Market With Covid-19 Analysis by Component (Software, Services), Deployment Type, End User (K-12, Higher Education), Application (Student Management, Academic Management, Finance & Accounting Management), Region – Global Forecast to 2026″ published by MarketsandMarkets™, the market size projected to grow from USD 12.7 billion in 2021 to USD 25.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 14.7% during the forecast period.

The Education ERP Market is gaining traction due to availability of cloud-based ERP solutions, need of automated management to carry out business processes in academic institutions, enhanced performance of administrative modules increasing the need for managing academic processes, and rising enrollments in the higher education sector.

Browse in-depth TOC on “Education ERP Market with Covid-19 Analysis”

225- Tables

50- Figures

211- Pages

Download Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=225190725

Software segment to account for largest market share during the forecast period

Software segment accounts for largest market share during the forecast period. Education ERP is an integrated software suite for managing and controlling numerous processes in educational institutions, such as schools, colleges, and universities. The software suite comprising various modules for applications, such as admissions, timetable management, learning management, examinations, fees management, library management, hostel management, payroll, HR, communication, and transport management. The implementation of ERP software in educational institutions facilitates enhanced student-faculty communication, tracking, and better decision-making through real-time data and analytics, convenient access to resources and institutional services, and automation of administrative processes, thereby enabling institutions to provide a digital campus experience for their students.

K-12 segment is expected to grow at the highest CAGR during the forecast period

K-12 segment is expected to grow at the highest CAGR during the forecast period. Schools are deploying ERP systems to carry out various administration activities. They are trying to incorporate digital learning methods. They are using learning management system to deliver lessons and upload study materials and assignments. Schools are also offering access to video-based content with augmented and virtual reality, making learning more interactive and engaging. They are nowadays using portals for parent-teacher communication. It allows parents to receive information related to school events, timetable, attendance, results, examinations, homework, and academic progress. Several schools which operate school buses are utilizing the transport module in the school ERP software, which is equally beneficial for schools and parents. It helps schools to manage their school bus routing and tracking and keep a record of the details of the drivers and buses.

Academic Management segment is expected to grow at the highest CAGR during the forecast period

Academic Management is expected to exhibit a higher CAGR during the forecast period. Academic management includes designing the teaching pedagogy, course management, setting up timetables, assignment management, and examination management. Education ERP software comes with various modules to automate academic management processes. Learning management system supports the goals of educational institutions by providing a digital classroom experience with innovative teaching methodologies. It offers a collaborative digital workspace enabling faculties to deliver online lectures, share educational resources, and conduct discussions through communication channels. The timetable management module helps schools and colleges of various size to schedule and manage timetables seamlessly. It also automatically allocates a substitute staff to a class during the absence of any faculty. Examinations module help in handling crucial operations, such as scheduling exams, defining grading criteria, setting up question papers, generating hall tickets, conducting proctored online exams, paper evaluation, and final scorecard generation, thereby simplifying the tasks of faculties. The recent shift to remote teaching and learning models is expected to drive the growth of this segment.

APAC is expected to grow at the highest CAGR during the forecast period

APAC is expected to grow at the highest CAGR during the forecast period. APAC is one of the fastest-developing regions in the world and has the largest student population, making the region highly profitable for the Education ERP Market. The region is expected to be the fastest-growing market in the global education ERP software market due to the expansion of the customer base for the education ERP software users and the emerging trend of education ERP hybrid development. Educational institutions in APAC are focusing on the implementation of digital solutions and the encouragement of the use of ERPs to seamlessly integrate key processes of an education institute, which include academic, financial, administrative and infrastructure, and communication. The rising significance of video-based learning in various economies, such as India, China, and Japan, will also contribute to drive the market in the region.

Speak to Research Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=225190725

Key and innovative vendors in the Education ERP Market include Anubavam (US), Blackbaud (US), Brainvire (US), Edumarshal (India), Ellucian (US), Entab (India), Focus Softnet (UAE), Foradian (India), Infor (US), Jenzabar (US), LIBSYS (India), Lighthouse Info Systems (India), Microsoft (US), Oracle (US), Prolitus (India), Ramco Systems (India), Sage (UK), SAP (Germany), Serosoft (India), Skolaro (India), Sparkrock (US), TCS (India), Tyler Technologies (US), Unit4 (Netherlands), and Workday (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

Email: sales@marketsandmarkets.com

Visit Our Website: https://www.marketsandmarkets.com



Source link

Previous Post

Classic Winery unveils latest Vintage at Napa Valley Release Party

Next Post

RegTech Market Expected to Grow $19.5 billion by 2026

RelatedPosts

Infusion Pump Market: Growing adoption of specialty infusion systems
Press

Infusion Pump Market: Growing adoption of specialty infusion systems

 (EMAILWIRE.COM, March 20, 2023 ) The adoption of several specialty infusion pumps is on the rise globally. Patient-controlled...

by admin
March 20, 2023
Methyl Soyate Market expected to hit USD1.57 Bn by 2029 throughout the forecast period
Press

Methyl Soyate Market expected to hit USD1.57 Bn by 2029 throughout the forecast period

 (EMAILWIRE.COM, March 20, 2023 ) Pune 6 Mar 2023: As per the Maximize Market research, a global business...

by admin
March 20, 2023
Press

Electric Aircraft Market Worth $37.2 billion in 2030 at a CAGR of 19.8%

(EMAILWIRE.COM, March 20, 2023 ) The Electric Aircraft Market report provides an analysis of the market from 2022...

by admin
March 20, 2023
Award Ceremony Celebrates Best in LGBTQ Culture and Media!
Press

Award Ceremony Celebrates Best in LGBTQ Culture and Media!

   (EMAILWIRE.COM, March 20, 2023 ) LOS ANGELES - The top LGBTQ performers, celebrities and influentials turned out for...

by admin
March 20, 2023
Load More

Advertize

Latest Post

Giordano celebrates 30 years of operations in the Middle East          

Giordano celebrates 30 years of operations in the Middle East          

by admin
March 20, 2023

Global Video Management System (VMS) Market to Reach $21 Billion by 2027

Global Image Sensors Market to Reach $43.7 Billion by 2030

by admin
March 20, 2023

WorldVest Launches Africa Gold Corporation to Finance Gold Production

WorldVest Launches Africa Gold Corporation to Finance Gold Production

by admin
March 20, 2023

Informatic program to help drug discovery in Africa – Technology Today

by admin
March 20, 2023

BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East

Correction: BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East

by admin
March 20, 2023

Weekly Political Compass 3.20.23 | Teneo

Weekly Political Compass 3.20.23 | Teneo

by admin
March 20, 2023

MENANEWS provides press release distribution services for businesses, organizations and other entities with the need to reach media outlets in Europe, Middle east and Africa (MENANEWS) Submit press release or contact us today.

Share us

Subscribe To Our Newslatter

    • Middle East
    • North Africa
    • Global
    • Business
    • Finance
    • Technology
    • Press
    • About Us
      • Press Release Distribution Services
      • Submit Press Release
      • Contact Us
    Menu
    • Middle East
    • North Africa
    • Global
    • Business
    • Finance
    • Technology
    • Press
    • About Us
      • Press Release Distribution Services
      • Submit Press Release
      • Contact Us

    Browse by Category-

    Middle-East/ North Africa/ Global/ Business/ Finance / Technology/ Press/ About Us / PR Services / Submit PR / Contact us

    © 2023 Copyright MENANEWS

    Share us

    Share on facebook
    Facebook
    Share on twitter
    Twitter
    Share on linkedin
    LinkedIn
    Share on pinterest
    Pinterest