The global higher education market size would grow from USD 13.7 billion in 2020 to USD 35.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.1%during the forecast period. A growing number of higher education enrollments is expected to be one of the strongest factors for higher education solutions and services adoption across regions.
The cloud deployment model is expected to grow at a higher CAGR during the forecast period Several institutions are majorly moving toward the adoption of the cloud deployment due to its major benefits, such as lower costs, no manpower requirements for hardware maintenance, faster and efficient results, and complete flexibility and scalability, which result in reduced Operational Expenditure (OPEX) and Capital Expenditure (CAPEX). Seamless flexibility and scalability enable students to store and retrieve actionable insights anytime and anywhere easily.
State universities vertical to hold the highest market share in 2020 Governments of states majorly fund state universities.These universities offer both undergraduate and graduate programs.
In today’s world, students are influenced by both culture and technology. Hence, state universities need to provide engaging, responsive, and insightful experiences to students.
The higher education segment is transitioning due to various factors, such as changing student demographics, rapidly evolving stakeholder demands, and new technologies.
APAC to grow at the highest CAGR during the forecast period APAC includes countries with significantly large education systems.China and India are among top three education systems in terms of students.
This is expected to encourage higher education solution providers to enter into APAC.APAC countries, such as China, India, and Australia, have a high student population. Hence, higher educational institutions in these countries are expected to adopt these solutions at a high rate. • By Company: Tier 1–26%, Tier 2–22%, and Tier 3–52% • By Designation: C-Level Executives–43%, Director Level–27%,and Others–30% • By Region: North America–40%, Europe–28%,APAC–25%,MEA – 4%, and Latin America – 3%
The higher education market comprises major solution providers, such as Oracle (US), SAP (Germany), Dell Technologies (US), VMware (US), Xerox (US), ServiceNow (US), Unifyed(US), Ellucian(US), Hyland Software(US), Blackbaud(US), Cisco(US), Verizon(US), Blackboard(US), Civitas Learning(US), Remind(US), Instructure (US)and Anthology(US). The study includes an in-depth competitive analysis of key players in the higher education market with their company profiles, recent developments, COVID-19 developments, and key market strategies.
Research Coverage The higher education market revenue is primarily classified into revenues from solutions and services. Revenue generated from solutions is associated with higher education software and solutions.
Further, services revenue is associated with managed services, integration and implementation, consulting, and support and maintenance. The market is also segmented based on deployment type, vertical, and region.
Key benefits of the report The report would help the market leaders/new entrants in this market with the information on the closest approximations of the revenue numbers for the overall higher education market and the subsegments. This report would help stakeholders understand the competitive landscape and gain insights to better position their businesses and plan suitable go-to-market strategies.
The report would help stakeholders understand the pulse of the market and provide them with information on the key market drivers, restraints, challenges, opportunities, and COVID-19 impact.
Our reports have been used by over 10K customers, including:
This IDC study presents the worldwide education top 10 predictions for 2021."The COVID-19 pandemic has accelerated online learning into full-production digital services, such as personalized student learning journeys, which connect students and alumni; parents and caregivers; teaching, research, and administrative staff; donors and philanthropists;...
This IDC study provides IDC's digital transformation (DX) use case taxonomy for higher education. This taxonomy is organized by six strategic priorities, which are common in priorities in college and university settings around the globe -- lifelong student engagement, optimized student health, faculty empowerment, next-gen administration,...
The global EdTech and smart classroom market size is expected to grow from USD 85.8billion in 2020 to USD 181.3billion by 2025, at a Compound Annual Growth Rate (CAGR) of 16.1% during the forecast period. The major factors driving the growth of the EdTech and smart classroom market include growing adoption of eLearning solutions, impact of...
Higher Education Catalog & Curriculum Management Software Market Research Report by Function (Alumni Management, Assessment Management, Faculty/Staff Management, Financial Aid Management, and Fundraising Management), by Deployment (On-Cloud and On-Premise) - Global Forecast to 2025 - Cumulative Impact of COVID-19 The...
112 pages •
By Global Industry Analysts
• Sep 2020
Global Reconfigurable Educational Robots Market to Reach $117 Million by 2027 Amid the COVID-19 crisis, the global market for Reconfigurable Educational Robots estimated at US$31 Million in the year 2020, is projected to reach a revised size of US$117 Million by 2027, growing at aCAGR of 20.9% over the period 2020-2027. K12 & Higher...
287 pages •
By Global Industry Analysts
• Sep 2020
Global Higher Education Services Market to Reach $10.7 Billion by 2027 Amid the COVID-19 crisis, the global market for Higher Education Services estimated at US$3.2 Billion in the year 2020, is projected to reach a revised size of US$10.7 Billion by 2027, growing at a CAGR of 18.8% over the period 2020-2027. The U.S. Market...
Clicking on: Online courses have grown in popularity during COVID-19, boosting revenue Abstract Online Education in Australia The industry includes institutions that deliver online education to students. To be considered an online provider, over 80% of the course or unit content offered must be delivered...
120 pages •
By Infiniti Research Limited
• Jul 2020
Community college market in US 2020-2024 The analyst has been monitoring the community college market in US and it is poised to grow by $ 14.74 bn during 2020-2024 progressing at a CAGR of 4% during the forecast period. Our reports on the community college market in US provides a holistic analysis, market size and forecast, trends, growth...
Trading up: Expansions in the customer base and government funding will likely support industry revenue Abstract Trade & Technical Schools in the US The Trade and Technical Schools industry has marginally grown over the past five years due to improvements in household finances and increase in government...
In the books: Operators will likely endure competition from online courses Abstract Colleges & Universities in the US The Colleges and Universities industry includes public and private nonprofit colleges and universities that offer academic courses and grant baccalaureate or graduate degrees. Over the...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.