Education ERP Market by Component Solution, Region - Global Forecast to 2021


Posted January 12, 2017 by Helenmo

MRRS adds "Education ERP Market by Component Solution, Service, Deployment Type , User Type , Region - Global Forecast to 2021" latest studies, published in November 2016. It is a professional and in-depth study.

 
MRRS adds "Education ERP Market by Component Solution, Service, Deployment Type , User Type , Region - Global Forecast to 2021" latest studies, published in November 2016. It is a professional and in-depth study.
Summary

“Increasing demand for video-based learning and improved performance of administrative modules.”
The education ERP market is estimated to grow from USD 6.77 billion in 2016 to USD 14.19 billion by 2021, at a CAGR of 15.9% between 2016 and 2021. Companies are making efforts to increase their revenues and reduce expenses as the global market competition continues to shrink profit margins. Organizations of all sizes are focusing increasingly on analyzing their sales and market saturation in specific territories as well as identifying gaps. Hence, the increased demand to manage various academic processes is fueling the growth of the education ERP market. However, easy availability of various administrative systems is restraining the growth of the education ERP market.
“The on-premise segment accounts for the largest share of the education ERP market during the forecast period.” The on-premise deployment type segment is estimated to account for the largest share of the education ERP market during the forecast period. On-premise deployment of education ERP solutions enables enterprises to create, store, and deliver critical business data and control access to various administrative programs. It also provides prospects for customization as education ERP solutions can be modified according to requirements of users, along with confirmation of quality and consistency of data. This helps in the reduction of data loss, thereby helping organizations to improve their performance, reduce cost, and manage complex environments.
“The Asia-Pacific education ERP market is projected to grow at the highest CAGR during the forecast period.”

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Issued By mrrs
Country United States
Categories Business
Last Updated January 12, 2017