About Education Enterprise Resource Planning
Educational ERP is a notion or a statistics technological know-how answer that integrates and automates all the tutorial and non-academic services/resources of the institute .Typical tutorial offerings may additionally consist of registration, admission, recruitment, student’s archives etc. Non-academic or administrative features encompass accounting, payroll, HR, billing etc. ERP helps to song all the students’ data like admission, performance, and their utilization of library to hostels .With the assist of centralized database all the information mirrored to all the worried departments on a contact of a button and inside a fraction of seconds. The multiplied efficiency, low-priced advantage, and protection of the facts are top advantages of training ERP. However, low degree of customization, relocation of the records in case of implementation of new ERP, and difficulties in implementation inside decentralized businesses are key barriers of training ERP.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Education Enterprise Resource Planning market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Anubavam (United States), Blackbaud (United States), Brainvire (United States), Foradian (India), Infor (United States), Jenzabar (United States), LIBSYS (India), Lighthouse Info Systems (India), Microsoft (United States) and Oracle (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Edumarshal (India), Ellucian (United States) and Entab (India).
Segmentation Overview
AMA Research has segmented the market of Global Education Enterprise Resource Planning market by , Application (Student Management, Academic Management, Human Resource Management, Finance and Accounting Management and Others) and Region.
On the basis of geography, the market of Education Enterprise Resource Planning has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment, the sub-segment i.e. On-premises will boost the Education Enterprise Resource Planning market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Software will boost the Education Enterprise Resource Planning market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. K-12 will boost the Education Enterprise Resource Planning market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Solutions will be embedded with Emerging Technologies like Analytics, IoT and AI to Support New Processes, Business Models and Ways of Doing Work and Personalization
Market Growth Drivers:
Increasing Need for Automated Management in Academic Institutions and Enhanced Performance of Administrative Modules, Thereby Increasing the Need for Managing Academic Processes
Challenges:
Lack of Technology Readiness among Faculties
Restraints:
Easy Availability of New Administrative Systems
Opportunities:
Emerging Potential Markets for Education ERP in the Academic Sector and Advancements in ELearning Platforms and Technology
Market Leaders and their expansionary development strategies
On September 5, 2023, Anthology Inc., a leading higher education technology company, merged with Ellucian, another prominent player in the sector. The combined entity creates a powerhouse in the higher education ERP space.
On December 12, 2023, Jenzabar, an ERP provider for higher education institutions, launched its new AI-powered student success platform. The platform uses AI to identify students at risk and provide them with targeted support.
In 2021, Tyler Technologies received ReadySub, a cloud-based platform that assists colleges with absence tracking, filling replacement instructor assignments, and automating payroll processes. The acquisition of ReadySub helps decorate the company’s college options portfolio. and In 2021, Ellucian partnered with NEOED, an issuer of complete HCM options for instructional institutions, to beautify its intelligence administration solutions. The options automate recruitment and on boarding, worker learning, and overall performance administration via a centralized platform. With the partnership, NEOED additionally helps Ellucian to cowl all elements of human assets in greater training establishments via HCM solutions.
Key Target Audience
Education Enterprise Resource Planning Developer, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.