Education ERP Market Share was projected to reach USD 33 billion in 2028 and is witnessed to register a CAGR of 14.2% during the forecast period.

Introduction of the Education ERP Market Report

Enterprise resource planning (ERP) for education is the integrated management of core business processes, usually in real-time and moderated by software and technology. It is mainly referred to as a category of business-management software, typically a suite of integrated applications that an organization can exploit to collect, store, manage, and interpret data from various business activities.

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Market Dynamic

Key Drivers and Emerging Trends

The education ERP market is gaining traction owing to the availability of cloud-based ERP systems, demand for automated management to operate business processes in academic institutions, improved performance of administrative modules raising the need for operating academic processes, and rising enrollments in higher education sector. The adoption of ERP systems by various academic organizations has improved their operational efficiency, thereby providing a competitive advantage to organizations. Nowadays, cloud-based ERP systems are replacing traditional data management approaches. A cloud-based ERP system provides improved data storage capacity, security, and control. It also offers real-time access to administrators and helps in quick and well-informed decision-making. ERP solutions have been employed in various academic institutions, resulting in a reduced workload on administrators as these solutions help coordinate and manage various business processes effectively. Hence, the adoption of cloud-based ERP solutions has opened up significant growth opportunities for ERP vendors, as these systems are increasingly flexible and feasible for end-users.

Impact of COVID-19 on the Education ERP Market

The education ERP market is growing at a significant rate during the COVID-19 outbreak due to the nationwide lockdowns in countries, organizations are adopting online learning platforms more rapidly than ever. For instance, in 2020, BYJU’S, the Indian educational technology company, witnessed a 150% rise in the number of new students when. It announced free access to its learning app. Now that social distancing and school closures are prevalent; therefore, online education will become a vital part of the education curriculum. Educational organizations are also expected to adopt digital platforms in the form of ERPs, which facilitate managing staff, fees accounts, web portals, exam information and library books.

Restraint in the Education ERP Market

However, increased availability of administrative systems and negligible customization feasibility are major restraining factors that are hampering the Education ERP market growth.

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End User – Segment Analysis

Based on the End User, the Higher Education segment is expected to grow at a higher CAGR during the forecast period. The nature of teaching and learning is getting modified in the higher education sector. Moreover, Technology-based learning has become more pervasive. The expectations of students from schools and universities are also evolving. They focus on the easy availability of information, like online lectures, timetables, and schedules, and faster access to institutional services. Hence, higher education institutions leverage technological advancements by adopting ERP systems to improve student engagement and increase student success. Hence, higher education institutions are also adopting digitalized administration systems, thereby paving the way for implementing ERP software.

Application – Segment Analysis

Based on the Application, the Student Management segment is expected to grow at a higher CAGR during the forecast period. The education ERP software helps manage all aspects of student management such as admission procedures, maintenance of student records, attendance management and tracking student performance and progress, thereby increasing the productivity of educational institutions. Educational institutions are emphasizing increasing enrollments and improving student success rates. Moreover, the education ERP software helps academic institutions to manage their student lifecycle, such as student billing, registration, and enrolments, effectively. Academic institutions are increasingly deploying education ERP software to improve student information management to ensure proper retrieval of information across different departments.

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Regional – Segment Analysis:

Based on the region, the Asia-Pacific region is projected to dominate the market during the forecast period. APAC is one of the fastest-developing regions globally and has the largest student population, making the region highly benefitted for the education ERP market. The region is forecasted to be the fastest-growing market in the global education ERP software market due to expanding the customer base for the education ERP software users and the emerging trend of education ERP hybrid development. Educational institutions in APAC are focusing on implementing digital solutions and promoting the use of ERPs to seamlessly combine key processes of an education institute, including academic, communication, financial, administrative and infrastructure. The rising importance of video-based learning in various economies, like India, China, and Japan, will also influence the market in 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, 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. 

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Key questions answered in this research report:

• • At what pace is global Education ERP market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Education ERP market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Education ERP market?
  • Which Component generated maximum revenues in 2020 and identify the most promising Component during the forecast period?
  • What are the various Deployment Type areas of global Education ERP market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2020
Market Forecast Period	2021-2028
Market Revenues (2028)	USD 33 billion
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Component, By Deployment Type, By End User, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	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; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

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)
    • North America Education ERP Market by Component
    • North America Education ERP Market by Deployment Type
    • North America Education ERP Market by End User
    • North America Education ERP Market by Application
    • US Education ERP Market All-Up
    • Canada Education ERP Market All-Up
  • Europe Education ERP Market (Option 2: As a part of the free 25% customization)
    • Europe Education ERP Market by Component
    • Europe Education ERP Market by Deployment Type
    • Europe Education ERP Market by End User
    • Europe Education ERP Market by Application
    • UK Education ERP Market All-Up
    • Germany Education ERP Market All-Up
    • France Education ERP Market All-Up
    • Spain Education ERP Market All-Up
    • Rest of Europe Education ERP Market All-Up
  • Asia-Pacific Education ERP Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Education ERP Market by Component
    • Asia-Pacific Education ERP Market by Deployment Type
    • Asia-Pacific Education ERP Market by End User
    • Asia-Pacific Education ERP Market by Application
    • China Education ERP Market All-Up
    • India Education ERP Market All-Up
    • Japan Education ERP Market All-Up
    • Rest of APAC Education ERP Market All-Up
  • RoW Education ERP Market (Option 4: As a part of the free 25% customization)
    • RoW Education ERP Market by Component
    • RoW Education ERP Market by Deployment Type
    • RoW Education ERP Market by End User
    • RoW Education ERP Market by Application
    • Brazil Education ERP Market All-Up
    • South Africa Education ERP Market All-Up
    • Saudi Arabia Education ERP Market All-Up
    • UAE Education ERP Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Education ERP Market All-Up

Major Players Operating in the Education ERP (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.