What Is The Current and Historic Market Size Analysis Of The Education ERP Market?
The education erp market has seen considerable growth due to a variety of factors.
• In the past few years, there has been a significant expansion in the size of the education ERP market. The market is projected to increase from $17.59 billion in 2024 to $19.98 billion in 2025, indicating a compound annual growth rate (CAGR) of 13.6%. The historical growth of this market can be due to factors such as heightened data vulnerabilities, security measures around student information systems (SIS), protection of financial data, challenges in user authentication and an escalation in cybersecurity threats.
What Are The Predictions for The Education ERP Market?
The Education ERP market is expected to maintain its strong growth trajectory in upcoming years.
• In the forthcoming years, the education ERP market size is anticipated to experience a swift expansion. The market is projected to augment to $36.15 billion by 2029, with a compound annual growth rate (CAGR) at 16.0%.
The escalation in the forecast period can be credited to improved communication and collaboration tools, emphasis on user education and enlightenment, tailored learning routes, comprehensive response planning, international cybersecurity threats, and adherence to a zero trust security structure. Dominant tendencies during the prediction period encompasses digital metamorphosis in education, cloud-focused education ERP solutions, unified learning management systems (LMS), data analytics facilitating informed decision-making, adoption of AI and chatbots, and managing e-learning content.
Which Drivers Are Accelerating Growth In The Education ERP Market?
The surge in digital technology adoption within educational institutions is projected to spur the expansion of the education ERP market. This refers to utilising digital resources to improve teaching and learning, often known as technology-enhanced learning or e-learning. Schools and universities are integrating technologies like education ERP to streamline both internal and external resources, overseeing functions such as the library, fee transactions, transportation, course selection, student applications and administrative management, examination grading, and employee management among others. For example, CollPoll's NEP Survey 2022, an India-based platform offering education management solutions, revealed that more than 95% of educational entities identified technology as the core enabler, and over 56% of participants also highlighted the convenience of allowing students to customise their degrees due to technological advancements. Therefore, the growing use of digital technology in education institutions is fuelling the expansion of the education ERP market.
What Are The Core Segments Of The Global Education ERP Market?
The education ERP market covered in this report 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
Subsegments:
1) By Software: Student Information System (SIS), Learning Management System (LMS), Financial Management Software, Human Resource Management Software, Reporting And Analytics Tools
2) By Service: Consulting Services, Implementation Services, Training And Support Services, Maintenance And Upgrades
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Which Emerging Trends Are Reshaping The Education ERP Market Size?
Innovation in product offering is a significant trend in the educational ERP market. Many leading market participants are launching creative solutions to automate the entire work process. For example, Techdost Services Pvt Ltd., a software development company from India, introduced a cloud-based school management system called Vedmarg in February 2023. The unique features of the Vedmarg software, including over 80 modules such as admission registration, fee management integrated with transportation, daily attendance, report generation, mark sheets, scheduling of exams, issuing admit and id cards, conducting online exams and quizzes, and issuance of transfer certificates among others, have been designed to streamline the operational workflow of educational institutions. Vedmarg aims to simplify intricate administrative tasks in schools and colleges via a cloud-based management system.
Who Are the Key Players In The Education ERP Market?
Major companies operating in the education ERP market include:
• SAP SE
• Oracle Corporation
• Ellucian Company L.P.
• Blackbaud Inc.
• Unit4 N.V.
• ERPNext
• Focus Softnet Pvt. Ltd.
• Microsoft Corporation
• Lighthouse Info Systems
• Brainvire
• Infor
• Foradian Technologies
• Jenzabar Inc.
• MyClassCampus
• NetSuite Inc.
• OpenEduCat Inc.
• Workday Inc.
• Acumatica
• Ramco Systems Ltd
• PowerSchool Holdings
What Are The Regional Insights Into The Education ERP Market?
North America was the largest region in the education ERP market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the education ERP market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
