Education ERP Market Demand: Exploring User Needs and Expectations
The global education ERP market size is anticipated to reach USD 61.23 billion by 2030 and is projected to grow at a CAGR of 21.98% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market for educational institution management software is growing rapidly. These software solutions help schools and universities manage all their operations in one place, making things run more smoothly and efficiently. They combine different functions like student records, finances, human resources, and academic processes into a single system. This integration helps educational institutions operate more effectively and manage their resources better.
The market for educational management software is growing due to the need for automation, the shift to online and blended learning, and government support for digital education. Cloud-based solutions, AI, and data analytics are making these systems more useful and appealing. However, high costs, resistance to change, and data privacy issues remain challenges.
The report “Education ERP Market Size, Share & Trends Analysis Report By Component (Software, Services), By Deployment (On-premise, Cloud), By Application, By End Use (K-12, Higher Education), By Region, And Segment Forecasts, 2024 - 2030” is available now to Grand View Research customers and can also be purchased directly
Educational institutions need automation to handle complex administrative tasks more efficiently and accurately. ERP systems help by automating processes like admissions, scheduling, attendance, grading, and financial management. This reduces manual work, minimizes errors, and ensures tasks are done consistently. As a result, schools save time and money, allowing staff to focus on strategic goals and improving education. The efficiency and resource optimization offered by ERP systems make them a popular choice for schools looking to streamline operations and boost productivity.
Education ERP Market Report Highlights:
· Based on component, the software segment led the market with the largest revenue share of 65.27% in 2023. The fast growth of technology, especially in cloud computing, AI, and machine learning, has greatly improved education ERP software
· Based on deployment, the cloud segment led the market with the largest revenue share of 61.30% in 2023. The rise of cloud technology is fueled by the need for flexible, affordable, and secure solutions that support online and mixed learning
· Based on application, the learning management system segment led the market with the largest revenue share of 28.65% in 2023. Combining LMS with ERP systems improves efficiency by merging tasks like student enrollment, scheduling, attendance, and grading
· North America dominated the market with the largest revenue share of 36.16% in 2023. In North America, there’s a rising need for using data to make decisions in education to boost student success and school efficiency. ERP systems provide strong tools for analyzing student data, spotting trends, and finding areas to improve.
Order your free sample copy of “Education ERP Market Report 2024 - 2030, published by Grand View Research
Education ERP Market Segmentation
Grand View Research has segmented the global education ERP market report based on product, substrate, end use, and region:
· Education ERP Component Outlook (Revenue, USD Billion, 2018 - 2030)
o Software
o Services
o Consulting
o Implementation
o Support & Maintenance
· Education ERP Deployment Outlook (Revenue, USD Billion, 2018 - 2030)
o On-Premise
o Cloud
· Education ERP Application Outlook (Revenue, USD Billion, 2018 - 2030)
o Student Information System
o Learning Management System
o HR Management
o Finance & Accounting Management
o Others
· Education ERP End Use Outlook (Revenue, USD Billion, 2018 - 2030)
o K-12
o Higher Education
· Education ERP Regional Outlook (Revenue, USD Billion, 2018 - 2030)
o North America
§ U.S.
§ Canada
§ Mexico
o Europe
§ UK
§ Germany
§ France
o Asia Pacific
§ China
§ India
§ Japan
§ Australia
§ South Korea
o Latin America
§ Brazil
o Middle East & Africa (MEA)
§ UAE
§ Saudi Arabia
§ South Africa
List of Key Players in the Education ERP Market Include
· ADP Workforce Now
· Blackboard
· Campus Management
· Canvas LMS (Instructure)
· Ellucian
· Google Workspace for Education
· Infinite Campus
· Jenzabar
· Kira Talent
· Microsoft 365 Education
· Moodle
· PowerSchool
· Sage Intacct
· SchoolMint
· Workday
About Grand View Research:
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com
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