K12 and Higher Education

Format: 2017-02-23
Format: 2017-02-23
February 20, 2017 | 94 Pages | SKU: IRTNTR12060

Overview of the global higher education market

Technavio’s market research analyst predicts the global higher education market to grow steadily at a CAGR of above 20% by 2021. One of the primary drivers for this market is the rising popularity of active learning techniques. This exponential growth in the adoption of active learning techniques is primarily due to the increase in investment by colleges and universities on hardware and software. The capability of these tools to enhance student engagement and make the learning process student-centric has significantly contributed in bridging the skills gaps in job-ready graduates and the employer’s job requirement. Moreover, the ability of active learning techniques to comply with face-to-face, asynchronous and synchronous channels to cater to students in diverse locations will also augment the growth of the higher education market during the forecast period. 

One of the latest trends gaining traction in this market is the development of augmented reality (AR) and virtual reality (VR) in higher education. VR and AR applications are increasingly being used to provide interactive and immersive experiences through digital platforms. These technologies find applications not only in science, technology, engineering, and mathematics (STEM) courses but also in liberal art courses such as archaeology and history. They can enhance education by improving kinesthetic experiences. Also, it has been observed that these technologies have helped students to improve motivation, retention rates, and engagement. These advantages of AR and VR has compelled institutions to adopt these technologies in their curriculum, which, in turn, will propel growth in the higher education


February 09, 2017 | 56 Pages | SKU: IRTNTR11909

Overview of the school furniture market in North America

Extensive research carried out by the analysts at Technavio has shown that the global school furniture market in North America will witness impressive growth and will post a staggering CAGR of more than 12% during the forecast period. The increasing need for student engagement is one of the major factors driving this market’s growth prospects. For decades, executives across organizations from most industries have faced gap challenges with fresh graduates. Most corporates have issues with the teaching processes carried out in colleges and universities. This is an indicator of the fact that despite the evolution in the learning processes, schools and colleges are a major upgrade in the teaching methodologies with regards to the inclusion of technology and student engagement. This has led the educators to increasingly focus improving learning outcomes by reducing the student disengagement during classroom sessions. However, achieving this relatively difficult in a traditional classroom setting where the students are mute spectators in lecture sessions and have minimal interaction with the instructor. As educational institutions have begun to emphasize on collaboration, creative thinking skills, communication, and creativity, they will invest resources to procure furniture such as movable as well as foldable desks and tables, which will boost this market’s growth in the coming years.

One of the recent trends gaining traction in the market is the recent surge in online retailing in the North American region. The furniture manufacturers and retailers are entering the e-commerce market by going online to market their products, for instance, vendors such as School Specialty are supplying a


February 09, 2017 | 67 Pages | SKU: IRTNTR11900

Overview of the soft skills training market in Europe

Market research analysts at Technavio have predicted that the soft skills training market in Europe will grow steadily during the next four years and post a tremendous CAGR of more than 33% by 2021. This market research analysis identifies the popularity of collaborative learning methods as one of the primary growth factors for this market. With the availability of new learning models within the overall e-learning framework, educational institutions are increasingly emphasizing on collaborative learning since it enables students to improve their multi-dimensional skill set. Collaborative learning enables learners to work together on a specific problem and also allows trainers to observe the skills and capabilities of students. Such benefits will increase the adoption of collaborative learning platforms and will induce vendors to focus more on the development of soft skills training programs that concentrate more on skills than technology, aiding the growth of the market.

One of the major trends that will gain traction in this market is the increased preference of cloud-based m-learning. Since organizations have the need to provide online training to employees in diverse locations, they will increasingly choose cloud-based m-learning which will help employees to instantly connect to the required platform and access the stored data. Moreover, the increased adoption of bring your own device (BYOD) policy among enterprises will also drive the adoption of cloud-based m-learning since it will enable learners to complete training programs at their own pace.

Competitive


January 27, 2017 | 69 Pages | SKU: IRTNTR11747

Overview of the global medical education market

Market research analysts at Technavio predict that the global medical education market will grow steadily during the next four years and post a CAGR of almost 17% by 2021. This market research analysis identifies the rise in number of allied healthcare professionals as one of the primary growth factors for this market. With the significant increase in the aging population, the coming years will witness an exponential increase in the need for allied healthcare professionals such as nurses and physiotherapists. This will consequently result in increasing the need for training and educating students, in turn, driving the growth of the medical education market.

This market research and analysis estimates that in terms of geographical regions, North America will be the major revenue contributor to the market throughout the next four years. The shift in focus of universities in the region from improving the educational content to upgrading learning processes and educational outcomes will be a major factor aiding market growth in this region. Institutions in the region are increasingly focusing on inter-professional education (IPE), where students from different teams work together as a part of collaborative learning practices, which will aid in team building and improving joint decision-making to serve patients better.

Competitive landscape and key vendors

With education standards gaining momentum, educational institutions across the globe have realized the need to adopt technologies to reach out to students. This has resulted in the adoption of advanced


January 25, 2017 | 67 Pages | SKU: IRTNTR11708

Overview of the global higher education testing and assessment market

The global higher education testing and assessment market is anticipated to grow at a steady rate and will post a CAGR of close to 5% during the forecast period. The growing focus on competency-based education (CBE) will drive the growth prospects for the global higher education testing and assessment market until the end of 2021. This learning method enables students to learn and understand concepts in a personalized learning environment by providing a combination of learning technologies, learning models, and experiential learning at different learning rates. In addition, online CBE allows stacking of different learning materials and the modules and creates a repository of all the learning materials, which can be tagged and mapped as per the learner's convenience. One of the major factors responsible for the market segment's growth is its ability to provide learning opportunities to various learners irrespective of their financial and geographic constraints.

The increasing trend of learning assessments through social media platforms will drive the growth prospects for the global higher education testing and assessment market for the next four years. The integration of social media in classroom learning enables students to participate in learning through


January 17, 2017 | 70 Pages | SKU: IRTNTR11595

Overview of the global writing and marking instruments market

The global writing and marking instruments market is anticipated to grow at a steady rate and will post a CAGR of close to 5% during the forecast period. The emergence of the luxury segment along with the growing brand consciousness among consumers will drive the growth prospects for the global writing and marking instruments market for the next few years. For instance, a number of people in business use luxury writing instruments as a status symbol. Also, according to the industry research report, a large number of consumers use these products for gifting and promotional event purposes. Moreover, the demand is increasing from South Korea because of the growing interests of its citizens in traditional writing instruments such as luxury fountain pens.

In terms of geography, APAC accounted for the maximum market share during 2016 and will continue to dominate the market in the forthcoming years. Some of the major factors responsible for the market’s growth in the region is the increasing student population, growing emphasis on education, expanding enterprise activities, growing workforce, and growing demand for quality writing instruments. Also, China, India, Japan, Indonesia, Malaysia, Singapore, Thailand, and the Philippines are some of the countries, which are increasingly contributing to the market’s growth.

Competitive landscape and key vendors

The global writing and marking instruments market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. These vendors increasingly


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