Press release
Global Education ERP Market Key Players: SAPAg, Oracle, Blackbaud, Dell Inc, Ellucian, INFOR | Valuates Reports
The global Education ERP market size is projected to reach USD 15470 Million by 2027, from USD 8397.9 Million in 2020, at a CAGR of 9.0% during 2021-2027. Key drivers of the Education ERP market include the growing need for managing huge amounts of data and various business activities in academic institutions. In addition to it, availability of cloud based ERP solutions and its numerous benefits is also expected to boost the growth of the education ERP market. Furtherincreasing adoption in developing economies and rising enrolment rates will positively impact the market growth in the coming years.
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Education ERP Market Trends:
Managing huge amounts of data and business activities: Educational institutions have to deak with huge volumes of data and information. This makes storage and processing difficult. ERP systems enable easy information storage, sharing and communication between various departments such as finance, administration, infrastructure etc. Also data related to student, staff, timetable, examinations are easily accessible through an education ERP system. This allows management to efficiently plan and allocate resources along with automated management of business activities. Thus proper management of huge amounts of data and increasing business activities is expected to propel the growth of the education erp market during the forecast period.
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By Type
• Cloud
• On-premise
By Application
• Kindergarten
• K-12
• Higher Education
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