About Higher Education Solution
Higher education refers to a practice of facilitating learning through knowledge, skills, ethics, beliefs and certain habits. Education is the never-ending market, increasing educational infrastructure, awareness, and spending on higher education, growing demand for online education and government initiatives in the educational sector expected to drive the demand for technological advancement in the higher education market. Further, the number of private players in higher education market increased in the last few years which is expected to drive the demand for higher education technologies over the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Market players are focusing on partnerships, collaborations, and new product launches in order to increase their offerings in the higher education market. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product offerings. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Higher Education Solution market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Smart Technologies, Inc. (Canada), Xerox Corporation (United States), Panasonic Corporation (Japan), Oracle Corporation (United States), EduComp Solutions (India), Dell, Inc. (United States), Cisco Systems Inc. (United States), Three River Systems (Netherland) and IBM (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Blackboard Inc. (United States), American Public Education, Inc. (United States), Adobe Corporation (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Higher Education Solution market by and Region.
On the basis of geography, the market of Higher Education Solution has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment, the sub-segment i.e. On Premise will boost the Higher Education Solution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Institution, the sub-segment i.e. Public Institutions will boost the Higher Education Solution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Software (Student Information Management System, Content Collaboration, Data Security & Compliance, Campus Management, Others) will boost the Higher Education Solution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Development of Modern Educational Programs, Emergence of E-Learning and Technological Advancement and Government Initiatives
Market Growth Drivers:
Growing Educational Infrastructure in Developing Economies
Challenges:
Low Awareness in the Low and Middle Income Group Countries and Uncertain Educational Policies in Various Countries
Restraints:
Stringent Government Regulations
Opportunities:
Growing Awareness about Higher Education
Market Leaders and their expansionary development strategies
In November 2023, GMB, a professional services firm focused on the educational market, GMB acquired Up&Up Agency, an uplifting marketing leader specializing in higher education. This acquisition not only represents an exciting new chapter in GMB's journey but also underscores the firm’s commitment to transforming education services.
In October 2023, Venbrook Group, LLC, one of the largest independent insurance distribution and services firms in the U.S., announced the formation of a national Higher Education division to bring a holistic approach to risk management solutions for K-12 schools, universities, faculty, staff, and students for all their insurance needs.
“The Higher Education and Research Act 2017 was enacted into law in the United Kingdom by the Houses of Parliament on 27 April 2017. It is intended to create a new regulatory framework for higher education, increase competition and student choice, ensure students receive value for money and strengthen the research sector. The Act is a replacement for the Further and Higher Education Act 1992 and is intended to accommodate subsequent changes in the higher education sector. The Act is split into four parts. Part 1 establishes the Office for Students and gives it responsibilities for regulating the Higher Education sector. Part 2 amends prior legislation on student financial support and student complaints procedures. Part 3 establishes a body called United Kingdom Research and Innovation and gives it responsibilities for regulating and funding research and Part 4 addresses miscellaneous issues such as transitional arrangements and data sharing.”
Key Target Audience
Educational Institutes, Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.