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Education Enterprise Resource Planning Market to Witness a Double-Digit Growth Over 2018-2024

Author : Ronak Bora | Published Date : 2019-04-15 

The Education Enterprise Resource Planning Market report add detailed competitive landscape of the global market. It includes company, market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the industry based on product segment, technology, end user segment and region.

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The Asia Pacific education enterprise resource planning market 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

Factors, such as increased availability of administrative systems and negligible customization feasibility, may hamper the education education enterprise resource planning market share. The high cost of implementation accompanied by difficulty in integration with existing internal systems may negatively impact the industry growth from 2016 to 2024.

Based on the deployment, the education education enterprise resource planning market can be segmented into on-premise and cloud. The cloud deployment model is predicted to witness attractive growth prospects owing to high security and data integrity offered. In addition, it ensures better price control and provides flexible and scalable options to ERP solutions.

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Based on the user type, the education education enterprise resource planning market can be categorized into kindergarten, k-12, and higher education. The higher education segment could account for the key industry share. The consistent growth in primary education and rising adoption of e-learning approaches in primary classrooms is likely to catalyze education ERP market demand.

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.

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Key players operating in the education education enterprise resource planning 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.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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