Higher Education Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR41079
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The higher education market has the potential to grow by USD 45.11 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 13.84%.

This higher education market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (software and hardware) and geography (North America, Europe, APAC, South America, and MEA). The higher education market report also offers information on several market vendors, including Adobe Inc., Advance, Apple Inc., Blackboard Inc., D2L Corp., Dell Technologies Inc., Ellucian Co. LP, Instructure Inc., Pearson Plc, and Samsung Electronics Co. Ltd. among others.

What will the Higher Education Market Size be in 2021?

Higher-Education-Market-Market-Size-2020-2025

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Higher Education Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The growth of internationalization in the education sector is notably driving the higher education market growth, although factors such as rise in the cost of higher education may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the higher education industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

  • The growth of internationalization in the education sector is one of the key factors driving the higher education market growth.
  • The rising need to attract the best students and staff, improve the quality of education, and generate revenue is leading several higher education institutions to internationalize education.
  • The components of internationalization include the recruitment of international students, the internationalization of the curriculum, the development of international branch campuses, and research and education partnerships between institutions internationally. 
  • This emerging concept has led to the advent of new higher education partnerships, including teaching partnerships and the provision of degrees off-shore.
  • The emergence of transitional education (TNE) is one of the key higher education market trends.
  • TNE programs are increasingly being conducted across different countries, including the UK, Australia, France, Italy, and Germany.
  • The programs are being conducted using different modes, including twinning programs, distance education, franchising arrangements, articulation programs, and branch campuses.
  • TNE is helpful for employers and governments to deploy effective human resource development strategies with a geographically dispersed workforce.
  • The emergence of modern educational programs is likely to contribute significantly to market growth in the forthcoming years. 

This higher education market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Higher Education Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Adobe Inc.
  • Advance
  • Apple Inc.
  • Blackboard Inc.
  • D2L Corp.
  • Dell Technologies Inc.
  • Ellucian Co. LP
  • Instructure Inc.
  • Pearson Plc
  • Samsung Electronics Co. Ltd.

 

This statistical study of the higher education market encompasses successful business strategies deployed by the key vendors. The higher education market is fragmented and the vendors are deploying growth strategies such as mergers and acquisitions and joint ventures to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The higher education market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Higher Education Market?

Higher-Education-Market-Market-Share-by-Region-2020-2025

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37% of the market’s growth will originate from North America during the forecast period. The US is a key market for higher education in North America. Market growth in this region will be faster than the growth of the market in MEA.

Rising investments in modern technologies by higher educational institutions, endorsement of the use of adaptive learning in colleges, and new contracts and agreements among vendors will facilitate the higher education market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Product Segments in the Higher Education Market?

Higher-Education-Market-Market-Share-by-Product-2020-2025

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The higher education market share growth by the software segment will be significant during the forecast period. The shift in the focus of higher education institutions toward active learning techniques and changes in educational content delivery methods have led to a rise in the demand for various higher education software. There is also a surge in demand for cloud-based classroom management system software in the higher education sector.

This report provides an accurate prediction of the contribution of all the segments to the growth of the higher education market size and actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Higher Education Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive higher education market growth during the next five years
  • Precise estimation of the higher education market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the higher education industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of higher education market vendors

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Higher Education Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 13.84%

Market growth 2021-2025

$ 45.11 billion

Market structure

Fragmented

YoY growth (%)

13.40

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 37%

Key consumer countries

US, UK, Germany, China, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Adobe Inc., Advance, Apple Inc., Blackboard Inc., D2L Corp., Dell Technologies Inc., Ellucian Co. LP, Instructure Inc., Pearson Plc, and Samsung Electronics Co. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces analysis 2020 & 2025
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Software - Market size and forecast 2020-2025
    • Hardware - Market size and forecast 2020-2025
    • Market opportunity by Product

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • APAC - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Adobe Inc.
    • Advance
    • Apple Inc.
    • Blackboard Inc.
    • D2L Corp.
    • Dell Technologies Inc.
    • Ellucian Co. LP
    • Instructure Inc.
    • Pearson Plc
    • Samsung Electronics Co. Ltd.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
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    The higher education market growth will increase by $37.82 billion during 2019-2024.
    The higher education market is expected to grow at a CAGR of 12.43% during 2019-2024.
    Technavio has segmented the higher education market by product (Hardware and Software) and geographic (North America, Europe, APAC, and South America).
    Adobe Inc., Apple Inc., Blackboard Inc., Dell Inc., D2L Corp., Discovery Inc., Ellucian Co. LP, Instructure Inc., Pearson plc, Samsung Electronics Co. Ltd. are a few of the key vendors in the higher education market.
    North America will register the highest growth rate of 37.72% among the other regions. Therefore, the higher education market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the higher education market growth are:
    • Emergence of new higher education institutes
    • Continuous development of new products and solutions for higher education
    The higher education market vendors should focus on grabbing business opportunities from the hardware segment as it accounted for the largest market share in the base year.
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