Market Overview:
The global higher education market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The market growth is attributed to the increasing demand for higher education and the growing number of students opting for higher education courses. The consulting, implementation, training and support segment is expected to grow at a CAGR of 8.0% from 2018 to 2030 due to the increasing demand for consulting services by educational institutions and universities across the globe.
Product Definition:
Higher education is an optional level of education beyond the secondary level. It is usually taken after completing high school, and often leads to a professional qualification or advanced academic degree.
Consulting:
Consulting is a business process in which an individual or a company provides advice and services to another person or company. The other person/company may be an individual, non-profit organization, private firm, government agency or corporation with the objective of achieving improved performance and results. Consulting can be distinguished from advisory as it is focused on offering solutions whereas advisory focuses on providing consultation only.
Implementation:
Implementation is the process of installing an already developed program or application on computers, servers, mobile devices or other electronic equipment. Implementation is used in higher education to manage student information system and library systems among others.
Higher education institutions use implementation services for a variety of tasks including upgrading existing programs and applications; adding new features to the existing programs; converting paper-based records into digital formats; installing web-based applications on computers as well as mobile devices such as smartphones.
Application Insights:
The market is segmented by application into educational institutions, universities, training organizations and others. The educational institutions segment dominated the global higher education market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to a large number of public as well as private educational institutions across various countries worldwide.
The demand for online learning has witnessed significant growth in recent years owing to various benefits it offers including cost-effectiveness and flexibility. Online learning platforms provide instructors with detailed student data which helps them design appropriate lessons while reducing costs associated with administration and faculty development time required for face-to-face instruction (Oberfield 2013). Furthermore, online courses enable students from all around the world to take classes from top professors 24*7*365 without having to travel or move out of their homes (Khan Academy 2012). These factors are anticipated to drive growth over the coming years.
Regional Analysis:
Asia Pacific is expected to witness the highest growth over the forecast period. The region has been witnessing a growing number of international higher education providers setting up their academic and research centers in countries like China, India, Singapore, and Australia. This scenario is projected to continue driving demand for higher learning in this region over the next eight years.
The Middle East & Africa market was valued at USD X billion in 2017 owing to increasing government support for quality tertiary education system as part of its economic diversification strategy which focuses on knowledge economy development along with enhancing human capital formation rate within its borders by providing world-class facilities through partnerships with global players that are willing to invest more than just money but also contribute towards intellectual property rights protection and enhancement thus creating significant opportunities for growth across all segments including implementation, consulting & training services industry verticals over the coming years.
Growth Factors:
- Increasing demand for skilled workforce: The growth in the number of jobs in the knowledge economy is fueling the demand for higher education. According to a study by Georgetown University, there will be 65 million job openings in 2020 and most of them will require some form of postsecondary education.
- Rising tuition costs: Despite increasing criticism, the cost of college continues to rise faster than inflation. This is forcing students and their families to borrow more money and take on more debt.
- Shift from public to private institutions: Over the past few years, there has been a shift from public to private institutions as students seek better value for their money. Private colleges now account for nearly half of all undergraduate enrollments in the United States .
Scope Of The Report
Report Attributes
Report Details
Report Title
Higher Education Market Research Report
By Type
Consulting, Implementation, Training and Support
By Application
Educational Institutions, Universities, Training Organizations, Others
By Companies
Adobe Systems, Apple, Blackboard, D2L, SMART Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Higher Education Market Report Segments:
The global Higher Education market is segmented on the basis of:
Types
Consulting, Implementation, Training and Support
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Educational Institutions, Universities, Training Organizations, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Adobe Systems
- Apple
- Blackboard
- D2L
- SMART Technologies
Highlights of The Higher Education Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Consulting
- Implementation
- Training and Support
- By Application:
- Educational Institutions
- Universities
- Training Organizations
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Higher Education Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Higher education is a system of post-secondary education and training that prepares students for careers or further studies.
Some of the major players in the higher education market are Adobe Systems, Apple, Blackboard, D2L, SMART Technologies.
The higher education market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Higher Education Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Higher Education Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Higher Education Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Higher Education Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Higher Education Market Size & Forecast, 2018-2028
4.5.1 Higher Education Market Size and Y-o-Y Growth
4.5.2 Higher Education Market Absolute $ Opportunity
Chapter 5 Global Higher Education Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Higher Education Market Size Forecast by Type
5.2.1 Consulting
5.2.2 Implementation
5.2.3 Training and Support
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Higher Education Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Higher Education Market Size Forecast by Applications
6.2.1 Educational Institutions
6.2.2 Universities
6.2.3 Training Organizations
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Higher Education Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Higher Education Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Higher Education Analysis and Forecast
9.1 Introduction
9.2 North America Higher Education Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Higher Education Market Size Forecast by Type
9.6.1 Consulting
9.6.2 Implementation
9.6.3 Training and Support
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Higher Education Market Size Forecast by Applications
9.10.1 Educational Institutions
9.10.2 Universities
9.10.3 Training Organizations
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Higher Education Analysis and Forecast
10.1 Introduction
10.2 Europe Higher Education Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Higher Education Market Size Forecast by Type
10.6.1 Consulting
10.6.2 Implementation
10.6.3 Training and Support
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Higher Education Market Size Forecast by Applications
10.10.1 Educational Institutions
10.10.2 Universities
10.10.3 Training Organizations
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Higher Education Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Higher Education Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Higher Education Market Size Forecast by Type
11.6.1 Consulting
11.6.2 Implementation
11.6.3 Training and Support
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Higher Education Market Size Forecast by Applications
11.10.1 Educational Institutions
11.10.2 Universities
11.10.3 Training Organizations
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Higher Education Analysis and Forecast
12.1 Introduction
12.2 Latin America Higher Education Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Higher Education Market Size Forecast by Type
12.6.1 Consulting
12.6.2 Implementation
12.6.3 Training and Support
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Higher Education Market Size Forecast by Applications
12.10.1 Educational Institutions
12.10.2 Universities
12.10.3 Training Organizations
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Higher Education Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Higher Education Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Higher Education Market Size Forecast by Type
13.6.1 Consulting
13.6.2 Implementation
13.6.3 Training and Support
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Higher Education Market Size Forecast by Applications
13.10.1 Educational Institutions
13.10.2 Universities
13.10.3 Training Organizations
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Higher Education Market: Competitive Dashboard
14.2 Global Higher Education Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Adobe Systems
14.3.2 Apple
14.3.3 Blackboard
14.3.4 D2L
14.3.5 SMART Technologies
