Schools Enterprise Resource Planning Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 17.25 Billion |
| Market Size (2029) | USD 33.79 Billion |
| CAGR (2024 - 2029) | 14.39 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Schools Enterprise Resource Planning Market Analysis
The Enterprise Resource Planning for Schools Market size is estimated at USD 17.25 billion in 2024, and is expected to reach USD 33.79 billion by 2029, growing at a CAGR of 14.39% during the forecast period (2024-2029).
Enterprise resource planning (ERP) for schools is the integrated management of core business processes, often in real-time and mediated by software and technology. ERP is usually referred to as a category of business management software, typically a suite of integrated applications that an organization can use to collect, store, manage, and interpret data from various business activities.
- Cloud computing in education has transformed the classroom experience. NetApp's Cloud Volumes ONTAP allows education institutions and solution providers to reap all the advantages of cloud computing in education, such as scalability and elasticity, while supporting complex infrastructures, containing storage costs, and protecting highly sensitive data from loss or corruption.
- Real-time data analytics is a key driver for the market. Data analytics allows school management to measure, monitor, and respond in real-time to faculty, students, and parents. IMS Caliper Analytics is the world's first interoperability specification for educational clickstream analytics created by the education community where Learning Information Services (LIS) is used to populate other systems, such as Learning Management Systems, Library Management Systems, and Learning Object Repositories.
- Consistent data availability across the school business for faster decision-making is driving the market. MyClassCampus is a mobile app and web-based platform for schools, colleges, and educational organizations for quick, organized, and effective communication and resource sharing with all the stakeholders. It can be a one-click tool for institutes to manage all the student records and data in an organized and easy-to-access format, which can help the school's business run effectively.
- Schools are using new technologies, smart tools, and international ways of teaching to help children learn better.Even though technology has advanced quickly in schools, most of the administrative work is still done by hand.But for a school to grow in all ways, its administrative and academic parts should grow at the same rate.
An increasing number of institutions are making the switch to a cloud-based ERP system, a trend that will continue over the next year. Cloud-based systems have the benefits that institutions want, such as better security, more scalability, and more help. The market was also likely to grow because schools were working from home because of COVID-19. For instance, MasterSoft, an ERP provider in India,helped over 100 institutions go live on Microsoft Teams and manage online admissions and fee collection effortlessly.
Schools Enterprise Resource Planning Market Trends
Education Software/ Application in Academics is Driving the Market Demand
- Nowadays, the education sector worldwide is developing and expanding quite rapidly, with education software solutions streamlining and managing student information efficiently and automating processes for the stakeholders.
- A timetable management system enables the creation of both automatic and manual timetables. It guarantees timely updates on faculty substitution and assists in the superior management of resources, rooms, and faculty.
- The grades and exam operation system provides the ability to conduct online examinations, consider the student's performance, generate report cards, differentiate book management, hold mass competitive and entrance exams in schools, and provide the students with the results through the software system.
- Hostel management module software aids in the reservation and arrangement of rooms for teacher accommodations and student hostels. It helps track visitor records and student outings, thus ensuring discipline. It also assists in controlling room facilities, room shifting and interchanging processes, and other important logistical support.
- MasterSoft provides comprehensive modules for school operations. For instance, LIB-Man is a cloud-based, fully integrated, user-friendly, multi-user package for the computerization of all the library's in-house operations. This library software is easy to use and powerful. Lib-Man is embedded with multi-lingual fonts, QR Code and Bar Code fonts, and RFID integration for automation. It also supports smartphone apps for book searches in school.
North America to Hold a Significant Share
- North America holds a significant market share due to increased demand for managing various academic processes. The adoption of ERP solutions in educational institutions has enabled administrators to effectively manage their business processes, such as student billing, registration, and enrolment, in this region.
- For instance, Ellucian software unites the entire institution with a versatile higher education ERP to make processes more effective and keep faculty, students, and staff informed in North America. Its unique integration model to bring the institution's data together answers complex questions and easily accesses curriculum data in real-time.
- BigSIS is a cloud-based student information system for private schools across North America. It offers integrated modules for managing admissions, enrollments, grade books, and more. It provides an integrated email system that helps teachers communicate student progress to parents.
- Moreover, a built-in calendar feature helps both teachers and students keep track of their class schedules. The solution also has modules for accepting donations, taking online applications for school events, letting parents know about opportunities to volunteer, and so on.
Schools Enterprise Resource Planning Industry Overview
The enterprise resource planning market for schools is fragmented as local and global players compete by coming up with innovations through the R&D process. Players adopt strategies like product innovation, expansions, and partnerships to stay ahead of the competition and expand their market reach. Some of the recent developments in the market are:
In January 2022, Oracle Cloud will help schools embrace the next era of higher education. Schools like Butler Community College, Skidmore College, Bowie State University, Coppin State University, and the University of Pittsburgh are streamlining business processes, maximizing resources, and improving support for their faculty and staff. Oracle introduced its cloud for higher education, which includes Oracle Cloud Infrastructure (OCI), Oracle Fusion Cloud Applications, and Oracle Student Cloud.
Schools Enterprise Resource Planning Market Leaders
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SAP SE
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Oracle Corporation
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Microsoft Corporation
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Infor Inc.
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International Business Machines Corporation (IBM)
*Disclaimer: Major Players sorted in no particular order
Schools Enterprise Resource Planning Market News
- February 2023: TechDost announced the launch of Vedmarg, which is a cloud-based school management software that aims to facilitate the complex administrative operations of educational institutions.
- November 2022: SAP SE announced the launch of a new offering to propel the surge of business change by unleashing the knowledge of those who know best, as announced at the SAP TechEd conference. The product enables business users with little technological knowledge to build and enhance corporate apps, manage workflows, and easily design business websites.
Schools Enterprise Resource Planning Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
- 4.2 Industry Value Chain Analysis
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4.3 Industry Attractiveness - Porter's Five Forces Analysis
- 4.3.1 Bargaining Power of Suppliers
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Threat of New Entrants
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
- 4.4 Impact of COVID-19 on the Enterprise Resource Planning for Schools Market
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Consistent Data Availability Across the School Business for Faster Decision Making
- 5.1.2 Real-time Data Analytics
- 5.1.3 Increasing Use of Education Software/ Application in Academics
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5.2 Market Restraints
- 5.2.1 Difficulties in Customization According to Business Needs
6. MARKET SEGMENTATION
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6.1 By Deployment
- 6.1.1 On-premise
- 6.1.2 Cloud
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6.2 By Function
- 6.2.1 Administration
- 6.2.2 Payroll
- 6.2.3 Academics
- 6.2.4 Finance
- 6.2.5 Transportation
- 6.2.6 Logistical Operations
- 6.2.7 Other Functions
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6.3 Geography
- 6.3.1 North America
- 6.3.2 Europe
- 6.3.3 Asia-Pacific
- 6.3.4 Latin America
- 6.3.5 Middle East & Africa
7. COMPETITIVE LANDSCAPE
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7.1 Company Profiles
- 7.1.1 SAP SE
- 7.1.2 Oracle Corporation
- 7.1.3 Microsoft Corporation
- 7.1.4 NetSuite Inc.
- 7.1.5 SYSPRO (Pty) Ltd
- 7.1.6 Plex Systems Inc.
- 7.1.7 FinancialForce.com Inc.
- 7.1.8 Infor Inc.
- 7.1.9 Epicor Software Corporation
- 7.1.10 International Business Machines Corporation (IBM)
- 7.1.11 The Sage Group PLC
- 7.1.12 IQMS Inc.
- 7.1.13 Lake Financial Systems
- 7.1.14 Sage AU
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablitySchools Enterprise Resource Planning Industry Segmentation
Using a common database that is kept up to date by a database management system, ERP gives a complete picture of a company's most important business processes.ERP systems keep track of a business's cash, raw materials, production capacity, business commitments, orders, purchase orders, payroll, and the status of all of these things.
The enterprise resource planning market for schools is segmented by deployment (on-premises and cloud), function (administration, payroll, academics, finance, transportation, and logistical operations), and geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa).
The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
| By Deployment | On-premise |
| Cloud | |
| By Function | Administration |
| Payroll | |
| Academics | |
| Finance | |
| Transportation | |
| Logistical Operations | |
| Other Functions | |
| Geography | North America |
| Europe | |
| Asia-Pacific | |
| Latin America | |
| Middle East & Africa |
Schools Enterprise Resource Planning Market Research FAQs
How big is the Enterprise Resource Planning for Schools Market?
The Enterprise Resource Planning for Schools Market size is expected to reach USD 17.25 billion in 2024 and grow at a CAGR of 14.39% to reach USD 33.79 billion by 2029.
What is the current Enterprise Resource Planning for Schools Market size?
In 2024, the Enterprise Resource Planning for Schools Market size is expected to reach USD 17.25 billion.
Who are the key players in Enterprise Resource Planning for Schools Market?
SAP SE, Oracle Corporation, Microsoft Corporation, Infor Inc. and International Business Machines Corporation (IBM) are the major companies operating in the Enterprise Resource Planning for Schools Market.
Which is the fastest growing region in Enterprise Resource Planning for Schools Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Enterprise Resource Planning for Schools Market?
In 2024, the North America accounts for the largest market share in Enterprise Resource Planning for Schools Market.
What years does this Enterprise Resource Planning for Schools Market cover, and what was the market size in 2023?
In 2023, the Enterprise Resource Planning for Schools Market size was estimated at USD 15.08 billion. The report covers the Enterprise Resource Planning for Schools Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Enterprise Resource Planning for Schools Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Enterprise Resource Planning for Schools Industry Report
Statistics for the 2024 Enterprise Resource Planning for Schools market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Enterprise Resource Planning for Schools analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
