Top 10 Education Software Vendors, Market Size and Market Forecast 2020-2025

Worldwide Education Applications Market to reach $11.6 billion by 2025, compared with $10.6 billion in 2020 at a compound annual growth rate of 1.7%.

In 2020, the top 10 Education software vendors accounted for nearly 39.2% of the global Education applications market (K12 and Higher Education) which grew 8% to approach nearly $9.9 billion in education license, maintenance and subscription revenues.

Last year Microsoft was the market leader with an 5.9% market share in education license, maintenance and subscription revenues, followed by Oracle, SAP, Blackboard, part of Anthology, and Ellucian in that order.

We ask the simple question: Who’s buying Education applications from whom and why? And we provide the answers – supported by decades of research – to our clients around the world. (Sample from our Apps Database)

Top 10 Education Software Vendors, Market Size and Market Forecast 2020-2025
Exhibit 1 – 2020 Education Applications Market Shares Split By Top 10 Education Vendors and Others

Through our forecast period, the Education applications market size is expected to reach $11.6 billion by 2025, compared with $10.6 billion in 2020 at a compound annual growth rate of 1.7%.

Exhibit 2: Worldwide Education Software Market 2020-2025 Forecast, $M
Year202020252020-2025 CAGR, %
Total10673116101.7%

Source: Apps Run The World, December 2021

Top 10 Education Software vendors

Education (K-12 schools, colleges and universities, technical and vocational, distance learning) – Student Information System, Learning Management, Fund Accounting System, Higher Education Administration, Financials, HR, Procurement

Large-scale projects to implement new student information systems continue unabated as the global education market embraces the convergence of mobile learning, international testing standards as well as online instructions.

Here are the rankings of the top 10 Education software vendors in 2020 and their market shares.

RankVendor2019 Education Apps Revenues, $M2020 Education Apps Revenues, $MYoY Growth2020 Education Market Share, %Recent Developments
1Microsoft Subscribe Subscribe5.9% SubscribeThroughout the COVID-19 pandemic, Teams, and other software vendors for virtual education, gained much interest as many meetings have moved to a virtual environment. As of 2021, Microsoft Teams has about 250 million monthly users.
2Oracle Subscribe Subscribe-12.6% SubscribeOracle completed the acquisition of Vocado, which provides a leading student-centric, cloud-based financial aid solution for higher education institutions. With nearly three decades of experience in academia and over 13,000 higher education customers in 128 countries, Oracle has a history of helping institutions around the world.
3SAP Subscribe Subscribe2.5% SubscribeSAP University Alliances is a global program enabling more than 3,700 educational institutions in over 113 countries to integrate the latest SAP technologies into teaching.
4Blackboard, part of Anthology Subscribe Subscribe2.7% SubscribeIn 2021, Anthology, a provider of higher education software solutions that support the entire learner lifecycle, and Blackboard Inc completed their previously announced merger. By bringing Blackboard and Anthology together, the combination will create comprehensive and modern EdTech ecosystem at a global scale for education. Blackboard’s software and services are used by over 37,000 clients worldwide in the following markets: Higher Education, K-12, Career Colleges, Corporations, Associations, Government, and Military
5Ellucian Subscribe Subscribe-12.5% SubscribeIn September 2021, Blackstone and Vista Equity Partners completed the acquisition of Ellucian. They are investing in Ellucian through their respective long-term private equity strategies, which hold investments for longer periods than traditional private equity.
6PowerSchool Group LLC Subscribe Subscribe20.3% SubscribeIn November 2021, PowerSchool acquired Kickboard. Kickboard is a provider of K-12 education behaviour management solutions. Adding Kickboard to PowerSchool will enable educators to securely input and analyze student behaviours, interactions, and outcomes by connecting one of K-12’s leading behaviour management solutions.
72U, INC. Subscribe Subscribe41.4% SubscribeIn November 2021, 2U acquired edX, an online learning platform and education marketplace. Together, 2U and edX will now serve more than 230 partners—including 19 of the top 20 ranked universities globally—and offer more than 3,500 online learning opportunities to over 40 million learners, including free courses, executive education, boot camps, and undergraduate and graduate degrees.
8Workday Subscribe Subscribe20.2% SubscribeIn the 1Q21 Workday announced continued momentum with higher education institutions, including new customers Minnesota State Colleges and Universities, University of Central Florida, University of Louisville, University of Maryland, University of Oklahoma, The Ohio State University, University of Arkansas System, and Washington State University shift to virtual deployments amid the pandemic, helping meet their go-live schedules and maintaining business continuity.
9Blackbaud Subscribe Subscribe2.4% SubscribeBlackbaud K-12 is a cloud-based school management solution designed to help educational institutes record and track students’ information, grade and health records. It offers an online attendance tracking system, which enables students and faculty members to track class-specific records and quickly review attendance history.
10Follett School Solutions Subscribe Subscribe5.2% SubscribeIn September 2021, Follett Corporation sold Follett School Solutions (FSS), the company’s K-12 software and content division, to Francisco Partners. FSS will join Francisco Partners’ growing portfolio of K-12 education-focused businesses and technologies, including Renaissance Learning, Discovery Education, Freckle, myON and Mystery Science. FSS’ library management system has installations in more than 75,000 K-12 schools worldwide.
Subtotal Subscribe Subscribe145.6% Subscribe
Other Subscribe Subscribe225.1% Subscribe
Total9880106738.0%100%

Source: Apps Run The World, November 2020

Other Education software providers included in the report are: ACI Worldwide, Inc., Adobe, AMTDirect, Ansys Inc., Appitierre Evolve, ARCHIBUS, Articulate, Autodesk, Automatic Payroll Systems, Inc., Axway, Benefitexpress, Capita Software, Cerner Corporation, Cisco Systems, Civica, Connecting-Expertise NV, Constellation Software Inc., Corel Corporation, Cvent, Dominknow, Dropbox, Dude Solutions Inc., Edgenuity, Edmentum, ESM Solutions Corporation, Espressive, FIS Global, Genesys Telecommunications Laboratories, Huron, IBM, Infinite Campus, Infor, InfoTronics, Inc., Intuit Inc., Ivanti, Jenzabar, Knowbly Learning Systems, Inc., Laserfiche, Lectora, a Trivantis brand, LivePerson Inc., Nuance Communications Inc., Open Text Corporation, Peopleadmin, a Powerschool Company, PowerSchool Group LLC, Roper Technologies, Inc., Sage, Salesforce, SAS Institute, Selerix Systems, Inc, ServiceNow, Shiftboard, Skyward, Smartsheet, Squiz, STANLEY Security Solutions, SumTotal Systems, a Skillsoft Company, TalentCircles, TalentMap, TeamDynamix, TMA Systems, Tyler Technologies, Ultimate Software, UNIT4, viDesktop Inc., Zoom Video Communications, and others.

Custom data cuts related to the Education Applications market are available:

  • Top 800+ Education Applications Vendors and Market Forecast 2020-2025
  • 2020 Education Applications Market By Functional Market (16 Markets)
  • 2020 Education Applications Market By Country (USA + 45 countries)
  • 2020 Education Applications Market By Region (Americas, EMEA, APAC)
  • 2020 Education Applications Market By Revenue Type (License, Services, Hardware, Support and Maintenance, Cloud)
  • 2020 Education Applications Market By Customer Size (revenue, employee count, asset)
  • 2020 Education Applications Market By Channel (Direct vs Direct)
  • 2020 Education Applications Market By Product

Exhibit 4 shows our projections for the enterprise applications market by vertical segment, based on the buying preferences and the customer propensity to invest in new software within those industries as they continue to upgrade and replace many legacy industry-specific applications that have been identified and tracked in our Buyer Insight Database.

Exhibit 4 - Worldwide Enterprise Applications Market Forecast 2020-2025, By Vertical Market, $M
Exhibit 4 – Worldwide Enterprise Applications Market Forecast 2020-2025, By Vertical Market, $M

Education Software Purchases Win/Loss Analysis As Part Of Enterprise Applications Buyer Insight Customer Database

On the buyer side, customers are investing in Education systems based on new features and capabilities that are expected to replace their existing legacy systems. In many cases, competitive upgrades and replacements that could have a profound impact on future market-share changes will become more widespread.

Since 2010, our global team of researchers has been studying the patterns of the latest Education software purchases by customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.

Updated continuously, our database features extensive win/loss analysis. Each year our research team identifies tens of thousands of these Education customer wins and losses from public and proprietary sources.

The research results are being incorporated into regular updates in our Enterprise Applications Buyer Insight Customer Database. You can access the Quarterly Win/Loss Analysis Scoreboard and our Enterprise Applications Buyer Insight Customer Database by becoming a subscriber.

CustomerIndustryEmpl.RevenueCountryVendorNew ProductFunction
Minnesota State Colleges and UniversitiesEducation16000$5.50BUnited StatesOracleOracle Autonomous Data WarehouseAutonomous Database
Marquette UniversityEducation1100$550.0MUnited StatesBlackbaudBlackbaud CRMCustomer Relationship Management
University of StirlingEducation1872$1.00BUnited KingdomBoxBoxContent Management
InterGrupoEducation1500$200.0MColumbiaCA TechnologiesCA Service Desk ManagerIT Service Management
London School of EconomicsEducation1655$453.0MUnited KingdomCherwell SoftwareCherwell ITSMIT Service Management
ExxonMobilEducation69600$238.00BUnited StatesChrome River TechnologiesChrome River Expense ManagementERP
University of Minnesota SystemEducation30000$3.80BUnited StatesChrome River TechnologiesChrome River Expense ManagementERP
University of GeorgiaEducation18725$1.60BUnited StatesCornerstone OnDemandCornerstone Learning SuiteLearning Management System
University of TennesseeEducation9744$1.70BUnited StatesCornerstone OnDemandCornerstone Learning SuiteLearning Management System
ExxonMobilEducation69600$238.00BUnited StatesDassault Systemes3DEXPERIENCE PlatformProject Portfolio Management
University of TokyoEducation8210$2.29BJapanDassault Systemes3DEXPERIENCE PlatformProject Portfolio Management
Arizona State UniversityEducation10000$2.00BUnited StatesDropboxDropbox BusinessContent Management
Davidson CollegeEducation800$200.0MUnited StatesDropboxDropbox BusinessContent Management
University of SydneyEducation12000$2.00BAustraliaDropboxDropbox BusinessContent Management
London South Bank UniversityEducation1700$188.0MUnited KingdomIBMIBM Planning AnalyticsEnterprise Performance Management
The Lenzing GroupEducation6400$2.60BAustriaJDA Software GroupJDA Sales & Operations Planning (S&OP)SCM
RWJUHEducation10100$1.50BUnited StatesKronosKronos Workforce CentralHuman Capital Management, Workforce Management
University of Colorado BoulderEducation7800$1.60BUnited StatesKronosKronos Workforce DimensionsWorkforce Management
Ithaca CollegeEducation1600$234.0MUnited StatesOracleOracle HCM CloudHuman Capital Management
Kentucky State UniversityEducation1600$53.0MUnited StatesOracleOracle ERP CloudEnterprise Resource Planning
Lorain County Community CollegeEducation1000$105.0MUnited StatesOracleOracle EPM CloudEnterprise Performance Management
San Bernardino Community College DistrictEducation14253$12.37BUnited StatesOracleOracle ERP CloudEnterprise Resource Planning
Vanderbilt UniversityEducation9162$4.13BUnited StatesOracleOracle HCM CloudHuman Capital Management
University of VirginiaEducation15514$1.39BUnited StatesQlikQlikViewBusiness Intelligence
Tulane UniversityEducation4600$1.31BUnited StatesSciQuestSciquest Source-to-Settle SuiteProcurement
Stanford UniversityEducation11500$4.10BUnited StatesTidemarkTidemark EPMEnterprise Performance Management
City of IrvingEducation2300$308.0MUnited StatesTyler TechnologiesMinus ERPEnterprise Resource Planning
Community ISDEducation300$30.0MUnited StatesTyler TechnologiesMinus ERPEnterprise Resource Planning
Buckinghamshire New UniversityEducation932$65.0MUnited KingdomUNIT4Unit4 Business WorldEnterprise Resource Planning
Buckinghamshire New UniversityEducation932$65.0MUnited KingdomUNIT4Unit4 Student ManagementEnterprise Resource Planning
Dublin Business SchoolEducation400$35.0MUnited KingdomUNIT4Unit4 Student ManagementEnterprise Resource Planning
IMC WorldwideEducation500$212.0MUnited KingdomUNIT4Unit4 PSA SuiteProject Services Automation
Manchester Metropolitan UniversityEducation4500$620.0MUnited KingdomUNIT4Unit4 Student ManagementEnterprise Resource Planning
Study GroupEducation3325$380.0MUnited KingdomUNIT4Unit4 Business WorldEnterprise Resource Planning
Swiss Education GroupEducation706$100.0MSwitzerlandUNIT4Unit4 Student ManagementEnterprise Resource Planning
University of LondonEducation11000$299.0MUnited KingdomUNIT4Unit4 Business World On!Enterprise Resource Planning
University of WaterlooEducation2500$800.0MCanadaUNIT4Unit4 Business WorldEnterprise Resource Planning
Wellcome Trust Sanger InstituteEducation900$80.0MUnited KingdomUNIT4Unit4 Business WorldEnterprise Resource Planning
Point Loma Nazarene UniversityEducation1250$300.0MUnited StatesWorkdayWorkday HCMHuman Capital Management
Point Loma Nazarene UniversityEducation1250$300.0MUnited StatesWorkdayWorkday Financial ManagementFinancial Management
The Ohio State UniversityEducation30000$4.00BUnited StatesWorkdayWorkday Financial ManagementFinancial Management
Becker CollegeEducation500$60.0MUnited StatesMicrosoftAzure Machine LearningML & Data Science Platform
University of GeorgiaEducation18725$1.60BUnited StatesAdobe SystemsAdobe Experience ManagerWeb Content Management
San Bernardino Community College DistrictEducation14253$12.37BUnited StatesADPADP Vantage HCMHuman Capital Management
The Australian National UniversityEducation4638$1.40BAustraliaAvayaAvaya AuraCustomer Service and Support
The Vista SchoolEducation110$10.0MUnited StatesBlackbaudBlackbaud Financial Edge NXTEnterprise Resource Planning
Campbell UniversityEducation200$50.0MUnited StatesCitrixCitrix PodioProject Management Software
The University of AucklandEducation5000$800.0MNew ZealandCornerstone OnDemandCornerstone HR SuiteHuman Resource Management
Ithaca CollegeEducation1600$234.0MUnited StatesEllucianEllucian CRM AdvanceCustomer Relationship Management
Stanford UniversityEducation11500$4.10BUnited StatesFICOFICO Falcon Assurance NavigatorFraud and Compliance Solutions
EF Education FirstEducation40500$7.00BUnited StatesFive9Five9 CloudCustomer Service and Support
Greenwood HallEducation100$20.0MUnited StatesFive9Five9 CloudCustomer Service and Support
Princeton UniversityEducation1030$270.0MUnited StatesGenesysGenesys Customer Experience PlatformCustomer Experience Platform
Saxion University of Applied SciencesEducation2200$800.0MNetherlandsIBMIBM Digital Experience ManagerDigital Experience Management Systems
Saxion University of Applied SciencesEducation2200$800.0MNetherlandsIBMIBM Web Content ManagerWeb Content Management
Harvard UniversityEducation15241$4.40BUnited StatesInteractive IntelligencePureCloudCustomer Engagement Platform
Formula HybridEducation50$10.0MUnited StatesIntralinks HoldingsIntralinks VIA Pro EditionCollaboration
Ector County ISDEducation1200$200.0MUnited StatesKronosKronos Workforce CentralHuman Capital Management, Workforce Management
College of DuPageEducation2000$500.0MUnited StatesLexmarkLexmark Perceptive ContentContent Management
Royal College of MusicEducation380$50.0MUnited KingdomMHR (formerly MidlandHR)Strategic HRHuman Capital Management
Royal College of MusicEducation380$50.0MUnited KingdomMHR (formerly MidlandHR)iTrentPayroll
Asbury UniversityEducation450$35.0MUnited StatesMicrosoftMicrosoft Dynamics GPEnterprise Resource Planning
Hood CollegeEducation400$40.0MUnited StatesMicrosoftMicrosoft Dynamics GPEnterprise Resource Planning
IMC WorldwideEducation500$212.0MUnited KingdomMicrosoftMicrosoft Dynamics 365 CRMCustomer Relationship Management
Paul Smith’s CollegeEducation200$20.0MUnited StatesMicrosoftMicrosoft Dynamics GPEnterprise Resource Planning
Sigma Alpha EpsilonEducation500$50.0MUnited StatesMicrosoftMicrosoft Dynamics GPEnterprise Resource Planning
Stratford UniversityEducation700$100.0MUnited StatesMicrosoftMicrosoft Dynamics GPEnterprise Resource Planning
The EntourageEducation100$10.0MAustraliaMicrosoftLinkedIn Talent SolutionsTalent Management
University of Nebraska-LincolnEducation7500$700.0MUnited StatesMicrosoftMicrosoft Dynamics GPEnterprise Resource Planning
University of the CumberlandsEducation600$30.0MUnited StatesMicrosoftMicrosoft Dynamics GPEnterprise Resource Planning
Virginia TechEducation1395$1.00BUnited StatesMicroStrategyMicroStrategy AnalyticsAnalytics Platform
BSI GroupEducation3500$331.0MUnited KingdomOpenTextOpenText Content Suite PlatformContent Management
Becker Professional EducationEducation1250$350.0MUnited StatesOracleOracle Service Cloud (ex RightNow)Customer Experience Platform
Faculdade SumaréEducation650$135.0MBrazilOracleOracle EPM CloudEnterprise Performance Management
Ithaca CollegeEducation1600$234.0MUnited StatesOracleOracle Taleo Cloud ServiceTalent Management
Ithaca CollegeEducation1600$234.0MUnited StatesOracleOracle E-Business SuiteEnterprise Resource Planning
Kentucky State UniversityEducation1600$53.0MUnited StatesOracleOracle HCM CloudHuman Capital Management
Rutgers UniversityEducation9694$3.60BUnited StatesOracleOracle ERP CloudEnterprise Resource Planning
Rutgers UniversityEducation9694$3.60BUnited StatesOracleOracle HCM CloudHuman Capital Management
University of VirginiaEducation15514$1.39BUnited StatesQlikQlik SenseData Visualization Software
Academy of Art UniversityEducation3000$1.00BUnited StatesSalesforceService CloudCustomer Service and Support
Ashworth CollegeEducation300$35.0MUnited StatesSalesforceService CloudCustomer Service and Support
California College of the Arts Pre-College ProgramEducation1500$300.0MUnited StatesSalesforceSalesforce CRMCustomer Relationship Management
DeVry Education GroupEducation10136$1.85BUnited StatesSalesforceService CloudCustomer Service and Support
Rasmussen CollegeEducation4000$1.00BUnited StatesSalesforceService CloudCustomer Service and Support
Study GroupEducation3325$380.0MUnited KingdomSalesforceSalesforce CRMCustomer Relationship Management
Manchester Metropolitan UniversityEducation4500$620.0MUnited KingdomSAPSAP ERP ECC 6.0Enterprise Resource Planning
Manchester Metropolitan UniversityEducation4500$620.0MUnited KingdomSAPSAP HCM (HR)Human Capital Management
NSW Department of EducationEducation51582$13.36BAustraliaSAPSAP SuccessFactors Employee CentralHuman Capital Management
University of Petroleum and Energy Studies (UPES)Education3000$500.0MIndiaSAPSAP ERP ECC 6.0Enterprise Resource Planning
Loyola University MarylandEducation650$230.0MUnited StatesSciQuestSciquest Source-to-Settle SuiteProcurement
Wor-Wic Community CollegeEducation300$75.0MUnited StatesSciQuestSciquest Source-to-Settle SuiteProcurement
University of CaliforniaEducation5000$2.00BUnited StatesSkillsoftSumTotal Talent Expansion SuiteTalent Management
Wellcome Trust Sanger InstituteEducation900$80.0MUnited KingdomTableauTableau SoftwareBusiness Intelligence and Analytics
DeVry Education GroupEducation10136$1.85BUnited StatesUltimate SoftwareUltiProHuman Capital Management
University of Rhode IslandEducation1300$270.0MUnited StatesVerint SystemsVerint Engagement ManagementEngagement Management
California College of the Arts Pre-College ProgramEducation1500$300.0MUnited StatesWorkdayWorkday StudentEnterprise Resource Planning
California College of the Arts Pre-College ProgramEducation1500$300.0MUnited StatesWorkdayWorkday HCMHuman Capital Management
California College of the Arts Pre-College ProgramEducation1500$300.0MUnited StatesWorkdayWorkday Financial ManagementFinancial Management

Source: Apps Run The World, December 2021

Further Readings

An expanded version of this report covers the top 800+ Education Software Vendors, (K12 and Higher Education) offering in-depth analysis of the market dynamics, vendors’ Strengths, Customers, Opportunities, Risks and Ecosystems as well as their ability to gain Shares (SCORES) within their respective space. We also offer win-loss analysis of the quarterly wins of these top vendors and whether incumbents and upstarts pose any real threat to their standing amid shifting market requirements and user preferences.

More Enterprise Applications Research Findings

Based on the latest annual survey of 3,000+ enterprise software vendors, Apps Run The World is releasing a number of dedicated reports, which profile the world’s 500 largest Enterprise Applications Vendors (Apps Top 500) and the world’s 500 largest Cloud Applications Vendors (Cloud Top 500) ranked by their 2015-2020 product revenues.

Their 2020 results are being broken down, sorted and ranked across 16 functional areas (from Analytics to Treasury and Risk Management) and by 21 vertical industries (from Aerospace to Utility), as shown in our Taxonomy. Further breakdowns by subvertical, country, company size, etc. are available as custom data cuts per special request.

Research Methodology

Each year our global team of researchers conduct an annual survey of thousands of enterprise software vendors by contacting them directly on their latest quarterly and annual revenues by country, functional area, and vertical market. We supplement their written responses with our own primary research to determine quarterly and yearly growth rates, In addition to customer wins to ascertain whether these are net new purchases or expansions of existing implementations.

Another dimension of our proactive research process is through continuous improvement of our customer database, which stores more than one million records on the enterprise software landscape of over 100,000 organizations around the world.

The database provides customer insight and contextual information on what types of enterprise software systems and other relevant technologies are they running and their propensity to invest further with their current or new suppliers as part of their overall IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

The result is a combination of supply-side data and demand-generation customer insight that allows our clients to better position themselves in anticipation of the next wave that will reshape the enterprise software marketplace for years to come.