Major Key Players Profiled in the Market for Higher Education Technology Market: Oracle Corporation, Astera Software, VMware, Inc, ServiceNow, Inc, Unifyed, Blackbaud, Inc, Cisco Systems, Inc, Verizon, Blackboard Inc., CDW LLC.
The global higher education market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 10.3% during the forecast period, to Reach USD 169.72 Billion by 2028, from USD 77.66 Billion in 2020 The global “Higher Education Market 2022” is expected to rise with an impressive CAGR and generate the highest revenue by 2029. Fortune Business Insights™ in its latest report published this information. The report is titled “Higher Education Market Size, Share and Trends Forecast”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.
The report evaluates the important characteristics of the market based on present industry scenarios, market demands and business strategies. Also, the research report separates the industry based on the Higher Education Market share, types, applications, growth factor, key players and regions.
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Higher Education Market Size Overview:
- USD 169.72 Billion in 2028
- USD 77.66 Billion in 2020
- CAGR: (2021-2028) 10.3%
- Base Year: 2020
Driving Factors:
Increasing Unaffordability of Higher Education to Stem Market Growth
Seeking undergraduate and graduate degrees has gotten progressively expensive over the past few decades around the globe, negatively impacting the higher education market growth. According to the American think-tank, Center on Budget and Policy Priorities (CBBP), between 2008 and 2018, the average tuition fees at four-year public colleges increased across all 50 states in the US. Tuition on average increased by 37% and net costs that involve scholarships and grants grew by 24%, as per CBBP data. Another issue that stems from escalating higher education costs is the large burden of debt that students have to deal with once they graduate. In the UK, for instance, the average loan debt for students is USD 30,800, while in Sweden it is USD 20,000. However, investment in higher education still remains a lucrative prospect for students as, according to the World Bank, advanced degrees help students earn higher incomes compared to high school graduates.
Global Higher Education Market Overview
Globally, higher education enrollment has witnessed a growth trajectory. However, the bulk of this growth is driven by middle-income countries whereas high-income countries have seen more of a stagnant trend. The increasing number of student enrolments is expected to fuel the Higher Education Market at a global level. Additionally, increasing internationalization in the education sector is a major contributor to the growth of the global Higher Education Market. However, limited financial resources might act as a potential restraint and further hinder the market growth in the forecast period.
Makret Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The Market is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market. This can be of great use in gaining knowledge about cutting-edge technologies in the market.
Higher Education Market: Competitive Landscape and Key Developments
2U, Inc., REMIND101, INC., Verizon, Blackbaud, Inc, Ellucian Company L.P., ServiceNow, Inc., Xerox Corporation, Dell Inc., CollegeDegrees.com, LLC, Oracle Corporation, Instructure, Inc., Blackboard Inc., Hyland Software, Inc., Unifyed, CDW LLC., VMware, Inc., Bain and Company, Inc., Astera Software.are among the key players profiled during the study of the global Higher Education Market. In addition, several other essential market players were studied and analyzed to get a holistic view of the market and its ecosystem.
Higher Education Market Segments:
- 2U, Inc. (Maryland, United States)
- REMIND101, INC. (San Francisco)
- Verizon (New York, United States)
- Blackbaud, Inc (South Carolina, United States)
- Ellucian Company L.P. (Virginia, United States)
- ServiceNow, Inc. (California, United States)
- Xerox Corporation (Connecticut, United States)
- Dell Inc. (Texas, United States)
- com, LLC, (Texas, United States)
- Oracle Corporation (California, United States)
- Instructure, Inc.(Utah, United States)
- Blackboard Inc.(Washington, D.C., United States)
- Hyland Software, Inc. (Westlake, Ohio, United States)
- Unifyed (Chicago, Illinois.)
- CDW LLC.(Lincolnshire, Illinois)
- VMware, Inc. (California, United States)
- Bain and Company, Inc. (Massachusetts, United States)
- Astera Software. (California, United States)
Higher Education Market 2022 Regional Analysis:
Moreover, This report focuses on Higher Education Market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2029, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
Research Methodology:
We follow a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country-level is derived from the most credible published sources and through interviews with the right stakeholders.
The Higher Education Market Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.
Key Points from TOC:
- Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
- Executive Summary
- Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
- Key Insights
4.1 Global Statistics — Key Countries
4.2 New Product Launches
4.3 Pipeline Analysis
4.4 Regulatory Scenario — Key Countries
4.5 Recent Industry Developments — Partnerships, Mergers and Acquisitions
- GlobalHigher Education Market Analysis, Insights and Forecast
5.1. Key Findings/ Summary
5.2. Market Analysis — By Product Type
5.3. Market Analysis — By Distribution Channel
5.4. Market Analysis — By Countries/Sub-regions
……………
- Competitive Analysis
11.1. Key Industry Developments
11.2. Global Market Share Analysis
11.3. Competition Dashboard
11.4. Comparative Analysis — Major Players
- Company Profiles
12.1 Overview
12.2 Products and Services
12.3 SWOT Analysis
12.4 Recent developments
12.5 Major Investments
12.6 Regional Market Size and Demand
- Strategic Recommendations
TOC Continued……………….
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Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit Higher Education Market Size to Touch USD 169.72 Billion by 2028; Higher Education Market Share [2021-2028]
