Press release
Education ERP Market Report 2023-2032: Size, Growth, Key Trends And Forecast | SAP SE, Oracle Corporation, Ellucian Company L.P., Blackbaud Inc., Unit4 N.V.
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Education ERP Global Market Report 2023 identifies An increase in the usage of digital technologies in educational institutes as the major driver for the Education ERP market's growth in the forecast period. Digital education refers to technology-enhanced learning or e-learning that uses creative applications of digital tools and technologies during teaching and learning. Educational institutes are adopting digital technologies such as education ERP to manage internal and external resources, control processes like a library, fee payment, transport, courses and curriculum, student enrollments and management, exams and results, other employee management, and more.
The global education ERP market size is expected to grow from $13.54 billion in 2022 to $15.49 billion in 2023, at a compound annual growth rate (CAGR) of 14.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The education ERP market size is expected to reach $26.60 billion in 2027 at a CAGR of 14.5%.
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Major competitors in the Education ERP market are SAP SE, Oracle Corporation, Ellucian Company L.P., Blackbaud Inc., Unit4 N.V.
A key trend in the Education ERP market includes Product innovation. For instance, in April 2020, D Katia Technologies, an India-based ERP software company, launched CareerBook ERP software to automate the entire workflow of educational institutions. It enabled educational institutions' school admissions during the COVID-19 pandemic. CareerBook ERP tool offers to manage the mobile app, online classrooms, attendance, timetable, fee payments, exams, digital study material, library, ID cards, and certificate distribution under one roof.
Read More On The Global Education ERP Market Report Here:
https://www.thebusinessresearchcompany.com/report/education-erp-global-market-report
The Education ERP market is segmented -
1. By Component: Software, Service.
2. By Deployment: On Cloud, Premises.
3. By Application: Student Management, Academic Management, Human Resource Management, Finance And Accounting Management, Stores And Procurement Management, Other Applications.
4. By End User: Higher Education, K-12.
5. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Education ERP market.
The Business Research Company's "Global Education ERP Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Education ERP Market Include:
1. Executive Summary
2. Education ERP Market Characteristics
3. Education ERP Market Trends And Strategies
4. Education ERP Market - Macro Economic Scenario
5. Education ERP Market Size And Growth
……
26. Africa Education ERP Market
27. Education ERP Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Education ERP Market
29. Education ERP Market Future Outlook and Potential Analysis
30. Appendix
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