Education ERP Market Size, Share, Demand & Trends Analysis Report 2032

Education ERP Market Insights

According to Zion Market Research, the global Education ERP Market was worth USD 16.24 Billion in 2023. The market is forecast to reach USD 58.84 Billion by 2032, growing at a compound annual growth rate (CAGR) of 15.38% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Education ERP industry over the next decade.

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The ERP solutions have become a backbone of operations at small, and large enterprises alike globally. ERP, or Enterprise Resource Planning is an integrated, real-time, mediation software between various stakeholders. The software allows educators to collect, store, manage, and interpret data for various business objectives. These objectives usually include streamlining business activity, cost-efficiency, tracking inventory, and management, among others.

The ERP industry has become a multi-billion dollar industry in recent years, thanks to rising efficacy, and reliability of these softwares. Additionally, in countries like the United States, IT expenditure has become the largest source of expenditure for businesses over the past decade. The growing reliance on these systems for error-free transactions, operations, and optimization of productivity will play a key role in growth of the education ERP market in near future.

Education ERP Market: Key Trends

ERP in education has also positive support from EU lawmakers, wherein increasing grants for ERP implementation in higher education are available. Universities also continue major advancements in key areas like data aggregation, analysis, investigation and decision-making.

According to latest forecast by the European Commission, there will be a 530% increase in global data volume by 2025. Additionally, the share of data economy will increase to €829 billion from €301 billion in 2018. The number of professionals will also increase from 5.7 million in 2018 to 10. 9 million in 2025.  The latest forecast will likely raise the opportunities for growth for players in the education ERP market.  

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Growing research also indicates that largely enterprises business significantly from ERP implementation. Despite the few hiccups, the implementation of ERP remains  a strong draw for most businesses, and organizations. On the other hand, unsuccessful ERP implementation is often caused by unwillingness of the senior management, lack of technical know-how, and poor training among others. These are factors that can be controlled to improve ERP implementation, and manage operations effectively. Additionally, growing demand for transparency in school systems, accountability for results, and growing demand for technical education will provide a major boost for the education ERP market in near future.

The growing cost-efficiency due to cloud systems, growing importance of big data in decision making, and increasing demand for transparency will likely drive major growth for the education ERP market during the forecast period.

Education ERP Market: Segmentation

The education ERP market report will cover key segments in the global landscape. Based on components, the report is segmented into Learning Management Systems, Student Information Systems, Fee Management Systems, Classroom Management Systems, Hostel Management Systems, Library Management Systems, and Student Assessment Systems.

Additionally, the report will also cover various end-users including educators for kindergarten, primary & secondary educational institutes, and higher education organizations. The rising primary & secondary education systems will likely hold a major share of revenues in the global education ERP market. The growing demand for SaaS-based systems, and rising demand for fee management systems will play a key role in expansion of the education ERP market over the forecast period.

Education ERP Market: Report Scope

Education ERP Market: Regional Analysis

The education ERP market report will cover all key regions of the globe including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these, regions like Latin America, South Asia, and MEA show a strong inclination towards cost-effective implementation of technology.

The high tariffs on quality electronic devices also affect growth of ebooks, smartphones, tablets, and subsequently the growth of the education ERP market in the region. This remains a key barrier to growth in emerging nations. However, partnerships with key stakeholders in the technology sector, and strong cost-effective manufacturing activity in Asia Pacific will drive robust growth in the region during the forecast period.

Some of the leading players in the global market include

• Adobe Systems
• Dell Inc.
• Epicor Software Corporation
• Infor Inc.
• Workday Inc.
• Ellucian
• Foradian Technologies.

The global education ERP market is segmented as follows:

By Component Analysis

• Student Information Systems (SIS)
• Learning Management Systems (LMS)
• Student Assessment Systems (SAS)
• Library Management Systems
• Classroom Management
• Fee Management Systems
• Hostel Management Systems

By User Type Analysis

• Kindergarten
• Primary & secondary
• Higher education

By Region Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa