Higher Education Market Scope
Higher education contained different education segments provide by postsecondary institutions of learning which contained universities, colleges and professional schools. Higher education service provider give admission guidance, accommodation services, course selection, language courses, among others. These services change according to student’s educational preference. Higher education provided by two mode one is traditional offline mode and other come up with advance technology online mode. Increasing demand for higher education in students for batter work opportunities give drive to the higher education market
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Anthology Inc (United States), Blackbaud Inc. (United States), Cisco Systems Inc. (United States), Dell Technologies Inc. (United States), Ellucian Company L.P. (United States), Instructure Inc. (United States), Oracle Corporation (United States), Pearson plc (United Kingdom), SAP SE (Germany), ServiceNow Inc. (United States), Verizon Communications Inc (United States), VMware Inc. (United States), Xerox Corporation. (United States) and Adobe Inc. (United States) |
CAGR | % |
Higher education services market is a fragmented market due to the presence of various players. Companies are focusing on developing innovative products and solutions to improve quality, enhances and promotes performance, along with try to incorporate advanced technology The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Anthology Inc (United States), Blackbaud Inc. (United States), Cisco Systems Inc. (United States), Dell Technologies Inc. (United States), Ellucian Company L.P. (United States), Instructure Inc. (United States), Oracle Corporation (United States), Pearson plc (United Kingdom), SAP SE (Germany), ServiceNow Inc. (United States), Verizon Communications Inc (United States), VMware Inc. (United States), Xerox Corporation. (United States) and Adobe Inc. (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Higher Education market by Type , by Application (Educational Institutions, Universities, Training Organizations and Others) and Region with country level break-up.
On the basis of geography, the market of Higher Education has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In October 2022, Anthology higher education software solutions provider merge with Blackboard Inc, global EdTech software and solutions company and launch modern EdTech ecosystem, Which provide personalized experience. This merge helped company to expand its presence in higher education market
In July 2021, Adobe launched the Adobe Analytics curriculum for higher education. it is global programme for in-demand data science skills. To develop this programme Adobe partnered with professor from the institutes such as University of Wisconsin-Madison, University of Utah and University of Michigan. This launch helped Adobe to expand its presence in higher education market
Influencing Trend:
Increasing Demand for Short Term Higher Education Programme
Market Growth Drivers:
Increasing Demand for Higher Education in Students for Batter Work Opportunities, Students Inclined Towards Higher Education Cause Many Government Support Higher Education, Growing Awareness in Parents and Students for Batter Higher Education and Surge In Higher Education Because It Is cheaper in Online Mode
Challenges:
Lack of Technological Adoption by Institute Students Also
Restraints:
Increasing Incidence of Student’s Data Breaching or Personal Information Leaking
Opportunities:
Increasing Technological Advancement in Higher Educations
Key Target Audience
Higher Education Services Providers, Government Bodies, Regulatory Bodies, Potential Investors, End Users and Others