According to the latest report by IMARC Group, titled “Higher Education Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global higher education market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global higher education market is expected to exhibit a CAGR of 20.37% during 2022-2027. Higher education represents the final stage of formal learning occurring after the completion of secondary education. It comprises of training, post-secondary education, research guidance, etc., at educational establishments that are authorized by state authorities at institutions of higher education. Higher education is given in numerous educational institutions, such as colleges, seminaries, universities, academies, and at certain college-level institutions, including trade schools, vocational schools, and other degree-granting institutions. It includes activities on research, teaching, social services, etc., that aid in personal development, career specialization and preparation, social recognition, identifying new skills, enhancing self-esteem and self-confidence, developing critical thinking, etc.
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Higher Education Market Trends:
The rising number of student enrolments across the globe is among the key factors stimulating the higher education market. Apart from this, the increasing preference for hiring individuals with specialized higher education degrees among various enterprises and organizations is also propelling the market growth. Besides this, the advent of globalization and the growing number of students traveling internationally for education purposes are further fueling the global market. Additionally, the expanding integration of artificial intelligence (AI) and the Internet of Things (IoT) in higher education systems to automate personalized adaptive learnings, increase language affinity learning abilities, and improve learning paces is also driving the market growth.
Furthermore, the emergence of collaborative and e-learning solutions, on account of the availability of high-speed internet connectivity and personal computing devices across countries, is acting as another significant growth-inducing factor. Moreover, the escalating digitization levels in the education sector, the rising expenditure capacities of consumers, and the implementation of several favorable initiatives by government bodies offering scholarship programs are expected to positively influence the higher education market over the forecasted period.
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The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Anthology Inc.
- Blackbaud Inc.
- Cisco Systems Inc.
- Dell Technologies Inc.
- Ellucian Company L.P.
- Instructure Inc.
- Oracle Corporation
- Pearson plc
- SAP SE
- ServiceNow Inc.
- Verizon Communications Inc.
- VMware Inc.
- Xerox Corporation
Key Market Segmentation:
Breakup by Component:
- Student Information Management System
- Content Collaboration
- Data Security and Compliance
- Campus Management
- Managed Services
- Professional Services
Breakup by Deployment Mode:
Breakup by Course Type:
Breakup by Learning Type:
Breakup by End User:
- State Universities
- Community Colleges
- Private Colleges
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
- Scope and Methodology
- Executive Summary
- Global Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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