Education ERP Market

GMI Research analysis indicates that the Education ERP Market size was estimated at USD 17.0 billion in 2023 and is slated to register a double digit CAGR of 14.2% over the period 2024-2031 and is projected to reach USD 49.2 billion in 2031.

To have an edge over the competition by knowing the market dynamics and current trends of “Education ERP Market”, request for Sample Report here

Major Education ERP Market Drivers

The global education ERP market growth is expected due to the extensive usage of cloud-based ERP systems in different industries. Academic institutions are increasingly looking for automated management for their business processes, with high performance in administrative modules promoting the necessity for efficient academic operations and increased enrollments in the higher education sector. Academic organizations adopting academic ERP solutions have seen enhanced operational effectiveness resulting in a competitive edge. Traditional data management approaches are being supplemented by cloud-based ERP systems in the present era. These systems not only improve data storage capacity, control, and security but also deliver administrators with real-time access, facilitating prompt and well-informed decision-making. The scalability and cost-effectiveness of cloud-based systems make them a favorable choice for academic institutions of varying sizes. For instance, in 2021, Microsoft introduced Microsoft Viva as a platform to empower employees for success, growth, and learning. Microsoft Viva leads collaboration by pairing individuals with relevant expertise within Microsoft Teams and Microsoft 365. Viva also integrates tools into employees’ workflows, encouraging engagement, learning, knowledge acquisition, and well-being. Similarly, in January 2020, Jenzabar joined hands with the Softdocs, both specializing in education-focused content management solutions. This partnership focuses on delivering Jenzabar users with access to a unified version of the Softdocs Etrieve platform, accessible to all higher education institutions using Jenzabar solutions.

The implementation of ERP solutions in academic institutions has lessened workload on administrators by coordinating and managing different business operations. The increase in adoption of ERP solutions has introduced growth opportunities for ERP vendors, specifically with the adoption of cloud-based ERP solutions. The flexibility and feasibility of these systems make them profitable and effective for end-users.

Schools and colleges demand learning infrastructure that can address numerous institutional requirements, including registration and admissions management, student billing tracking, essential administrative procedures, and course administration. Presently, teachers and students equipped with mobile devices, are dependent on automated systems to receive email notifications concerning grades and schedule changes. The integration of ERP for e-learning has improved the workload on administrators, eliminating the requirement for surplus checks in student records. The centralization of the ERP procedure drives interaction and communication among departments on a unified platform.

The education sector is witnessing an increase in the adoption and implementation of ERP solutions. There is an increasing requirement for ERP solutions that seamlessly integrate with administrative systems, delivering comprehensive enterprise solutions. This trend has prompted education ERP vendors to introduce new solutions capable of harnessing the robust storage capabilities of different business procedures. Despite the increase in education technology, school management software, Student Information Systems, and Learning Management Systems are often favored over ERP solutions owing to their cost effectiveness, widespread accessibility, and simplicity. Thereby, administrative systems serve as a restraining factor in growth of the education ERP market size.

However, during a pandemic, the competitive landscape in the education sector has intensified. To grow as a successful educational institute, the essential adoption of a Learning Management System and Enterprise Resource Planning is evident. This approach improves the institute’s value at a cost-effective price compared to traditional learning. Regardless of the institute’s size, integration of ERP not only streamlines management but also incorporates skills, producing well-prepared individuals for the dynamics of the evolving world.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

By end-user, the higher education segment registered the market growth in the global education ERP market 

The higher education segment is projected to witness maximum CAGR in the forecast period. This growth is attributed to the evolving nature of learning and teaching in higher education, with technology-based learning becoming increasingly prevalent. In addition, student from schools and universities are transforming and modifying learning practices, leading the segment expansion. Moreover, higher education institutions prioritize the easy availability of information, including timetables, online lectures, and schedules, along with swift access to institutional services. Institutions adopt ERP systems to improve student engagement and foster student accomplishment. This drive towards effectiveness is further demonstrated by the adoption of digitalized administration systems, laying the foundation for the implementation of ERP software.

By application, the student management segment dominated the market size in the global education ERP market

The student management segment is estimated to exhibit a higher CAGR during the forecast period. Education ERP software is effective in analyzing different aspects of student management, including admission processes, attendance management, maintenance of student records, and monitoring student progress and performance. This comprehensive approach contributes to increased productivity for educational institutions.  In educational institutions, enrollment, and success rates are growing. In addition, the education ERP software helps academic institutions manage their student lifecycle, including registration, student billing, and enrolments, efficiently. Academic institutions are increasingly deploying education ERP software to advance student information management to confirm proper retrieval of information in different departments.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

By region, the Asia Pacific region registered the market size in the global education ERP market 

The Asia-Pacific region is projected to lead the market in the forecast period, being one of the fastest-growing regions across the globe with the largest student population. This makes it highly efficient for the education ERP market growth. The region is expected to be the fastest-rising market in the global education ERP software market, propelled by the expansion of the customer base for education ERP software users and the emerging trend of the education ERP hybrid development. In addition, education institutions in the Asia Pacific region are prioritizing the adoption of digital solutions, specifically ERPs, to integrate important procedures including financial, academic, infrastructure, administrative, and communication. The rising importance of video-based learning, especially in countries such as Japan, India, and China, is anticipated to have a positive impact on the educational ERP market across the region. Government initiatives focused on encouraging digital infrastructure are playing an important role in propelling the adoption of Student Information System solutions in the Asia Pacific region. The educational institutions in Asia Pacific are increasingly adopting digital solutions to develop operation effectiveness, this trend is projected to result in growth opportunities for SIS providers across the region.

Top Market Players

Various notable players operating in the market include Anubavam LLC, Blackbaud, Inc., Brainvire Infotech Inc., Edumarshal, Ellucian Company L.P., Entab Infotech Pvt. Ltd., Focus Softnet Pvt Ltd, Tyler Technologies, Inc., Unit4 NV, Jenzabar, Inc., among others. 

Key Developments:

• • In 2021, Ellucian joined hands with NEOED to improve its solution of talent management and got support to cover every aspect of HR in institutions of higher education through the assistance of HCM solutions.
  • In 2021, Tyler Technologies, Inc. announced an acquisition of ReadySub to strengthen the company’s portfolio and be competent in the market.
  • In 2020, SAP successfully acquired Emarsys to expand its portfolio of SAP CX and address the growing demand.
  • In 2020, Unit4 signed a contract of partnership with Arribatic to use the knowledge of Arribatic and improve concerned ERP solutions including transaction processing, planning and analysis, and liability management.
  • In 2020, Ellucian collaborated with Kaufman Hall to assist higher education institutions in reinforcing their financial operations through developed and new strategies.
  • In 2021, Tyler Technologies, Inc. acquired ReadySub, a cloud-based platform that assists schools with absence tracking, filling substitute teacher assignments, and automating payroll processes. The acquisition of ReadySub helps enhance the company’s school solutions portfolio.
  • In 2021, Ellucian partnered with NEOED, a comprehensive HCM solution for educational institutions, to enhance its talent management solutions. The solutions automate recruitment and onboarding, employee learning, and performance management through a centralized platform. NEOED also supports Ellucian to cover all aspects of human resources in higher education institutions through HCM solutions with the partnership.
  • In 2020, Unit4 extended the Unit4 FP&A solution with AI-powered forecasting and planning capabilities. The solution enables intelligent forecast and planning, thereby helping organizations make better decisions quickly and effectively.

Segments covered in the Report:

The global Education ERP market has been segmented on the basis of Component, Deployment Type, End User, Application and regions. Based on Component, the market is segmented into Software and Services. The Services segment is further categorized into Consulting, Implementation and Support & Maintenance. Based on Deployment Type, the market is segmented into Cloud and On-premises. Based on End User, the market is segmented into K-12 and Higher Education. Based on Application the market is segmented into Student Management, Academic Management, Human Resource Management, Finance and Accounting Management, Stores and Procurement Management and Others. 

For detailed scope of the “Education ERP Market” report request a Sample Copy of the report

Market Segmentation

Global Education ERP Market by Component

• • Software
  • Services
    • Consulting
    • Implementation
    • Support & Maintenance

Global Education ERP Market by Deployment Type

• • Cloud
  • On-premises

Global Education ERP Market by End User

• • K-12
  • Higher Education

Global Education ERP Market by Application

• • Student Management
  • Academic Management
  • Human Resource Management
  • Finance and Accounting Management
  • Stores and Procurement Management
  • Others

Global Education ERP Market by Region

• • North America Education ERP Market (Option 1: As a part of the free 25% customization)

    • by Component
    • by Deployment Type
    • by End User
    • by Application
    • US Market All-Up
    • Canada Market All-Up

  • Europe Education ERP Market (Option 2: As a part of the free 25% customization)

    • by Component
    • by Deployment Type
    • by End User
    • by Application
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up

  • Asia-Pacific Education ERP Market (Option 3: As a part of the free 25% customization)

    • by Component
    • by Deployment Type
    • by End User
    • by Application
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up

  • RoW Education ERP Market (Option 4: As a part of the free 25% customization)

    • by Component
    • by Deployment Type
    • by End User
    • by Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Global Education ERP Market Players (Option 5: As a part of the free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Anubavam LLC
  • Blackbaud, Inc.
  • Brainvire Infotech Inc.
  • Edumarshal
  • Ellucian Company L.P.
  • Entab Infotech Pvt. Ltd.
  • Focus Softnet Pvt Ltd
  • Tyler Technologies, Inc.
  • Unit4 NV
  • Jenzabar, Inc.