The global higher education financial and HRM software market consists of software solutions that are employed by institutions to improve the decision-making and productivity of employees and management of financial resources. The data collected from the software is further analyzed using analytics applications. The analysis is to ensure that an institution's resources are optimally used. HRM primarily focuses on planning, managing, and reporting of HR processes, along with recruitment and retention of good performers. Financial management software primarily focuses on providing real-time access to financial data such as procurement, accounts payable, and others. They provide stakeholders with specific financial information, which can help improve data-backed decision-making and strategies, and prioritize tasks.
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Technavio's analysts forecast the global higher education financial and HRM software market to grow at a CAGR of 15.57% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global higher education financial and HRM software market for 2016-2020. To calculate the market size, the report considers the revenue generated from the licenses, maintenance, implementation, and subscriptions of financial and HRM software to the higher education segment. These include software deployed on-premises as well as those deployed through cloud.
The market is divided into the following segments based on geography:
* APAC
* Europe
* North America
* ROW
Technavio's report, Global Higher Education Financial and HRM Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
* Ellucian
* Oracle
* SAP
* Workday
Other prominent vendors
* IBM
* Infor
* Halogen Software
* Unit4
* Lexmark International
Market driver
* Rising ICT investment in higher educational institutions
* For a full, detailed list, view our report
Market challenge
* Shortage of trained staff
* For a full, detailed list, view our report
Market trend
* Rise in international mobility of students
* For a full, detailed list, view our report
Key questions answered in this report
* What will the market size be in 2020 and what will the growth rate be?
* What are the key market trends?
* What is driving this market?
* What are the challenges to market growth?
* Who are the key vendors in this market space?
* What are the market opportunities and threats faced by the key vendors?
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Market Report, "Global Higher Education Financial and HRM Market 2016-2020", published
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Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001