Technavio's in-depth research has direct and indirect COVID-19-impacted market research reports. The market is projected to grow from USD 85.43 billion in 2021 to USD 169.72 billion in 2028 at a compound annual growth rate (CAGR) of 10.3% in the 2021-2028 period. Many institutes and universities worldwide adopt different tools and modes to transform their teaching, such as laboratory workshops, into an online, blended delivery method. It consists of all post-secondary education, training and research guidance at education institutions that are authorized as institutions of higher education by state authorities. Highlighting Customized Learning Solution to Boost Market Presence. The solutions segment is further classified into student information systems, learning management systems, student response systems, campus management, performance management, and others. The increasing number of student enrolments is expected to fuel the Higher Education Market at a global level. However, the amalgamation of digitalization such as e-learning or smart learning in the traditional teaching methods. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. Hybrid learning is now acquiring greater attention due to the time and places flexibility offered by it. North America is expected to hold the highest market share. The global higher education market size is expected to grow from USD 13.7 billion in 2020 to USD 35.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.1% during the forecast period. The advent of technologies such as content management systems (CMS) and learning management systems (LMS) and the rising demand for innovative personalized technologies such as adaptive learning has increased the adoption of digital technologies for academic testing and assessment in higher educational institutions. Offline Education accounted for the largest market share in 2020. Higher education institutes combine technology with theory and practical studies to identify the best method to achieve the defined learning objective and outcome. Higher Education Market size was valued at US$ 17.91 Bn. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts: Since the COVID-19 virus outbreak in December 2019, the epidemic has spread to nearly every country across the globe with the World Health Organization (WHO) announced coronavirus disease 2019 (COVID-19) as a pandemic. The global higher education technology market research report highlights leading regions across the world to offer a better understanding of the user. Global Higher Education Market: Segmentation North America (USA, Canada, Mexico) Europe (Germany, UK, France, Russia, Italy, Rest of Europe) Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific) South America (Brazil, Argentina, Columbia, Rest of South America) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)Global Higher Education Market report answers the following questions: What are the main drivers of the global Higher Education market? The size of Chinese education market is expected to grow from 1.6 trillion yuan in 2015 to 2.9 trillion yuan by 2020. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive, Please pass on our sincere thanks to the whole team at Fortune Business Insights. School Information Management System Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027) Single User License. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. An undergraduate student is a student who is pursuing a degree at the first level of higher education at a university or a college. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. Ongoing digitization across various countries is stimulating the demand for advanced teaching-learning approaches in Asia Pacific. The popularity of online education or distance learning has been on the rise in recent years. Higher education has played a key role in developing high-level human resources with the necessary knowledge and skills for economic and social development. For more information parent market along with value chain analysis Grab an Exclusive sample! NEW YORK, Feb. 9, 2022 /PRNewswire/ -- As per the findings of Zion Market Research study, U.S. Education industry garnered revenue of about US$ 1.1 trillion in 2020 and is set to earn revenue. Similarly, Latin America is creating excellent opportunities for education providers, and rising investments have stimulated a favorable environment in the regions education industry. Moreover, the market's growth momentum will accelerate at a CAGR of 6. . ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@technavio.comWebsite: www.technavio.com/, View original content to download multimedia:https://www.prnewswire.com/news-releases/higher-education-testing-and-assessment-market-size-to-grow-by-usd-6481-55-million-from-2022-to-2027--assessment-on-parent-market-five-forces-analysis-market-dynamics--segmentation---technavio-301682446.html, Global Higher Education Testing and Assessment Market, online photography education market in the higher education market, online higher education market share in the US, https://www.prnewswire.com/news-releases/higher-education-testing-and-assessment-market-size-to-grow-by-usd-6481-55-million-from-2022-to-2027--assessment-on-parent-market-five-forces-analysis-market-dynamics--segmentation---technavio-301682446.html, Soccer-Keeper Roebuck secures valuable point for City in Manchester derby, Analysis-European food delivery shapes up with Getir's Gorillas buy, Feds Message That Rates Will Stay on Hold for Some Time Clashes With 2023 Rate-Cut Bets, Investors eye Portuguese golden visas as authorities ponder programme's end, One of the most frequently cited risks to stocks in 2023 is 'overstated'. The rising use of technology in classrooms is augmented by the increasing use of tablets, smartphones, and e-libraries by students. Our experts deliver the best research reports that have revenue generating recommendations. Moreover, the retention of knowledge by students has improved with the use of cloud computing, smartphones, and Big Data analytics. Which industry trends, drivers and challenges are driving that growth?Key Benefits of This Market Research: Industry drivers, restraints, and opportunities covered in the study Neutral perspective on the market performance Recent industry trends and developments Competitive landscape and strategies of key players Potential and niche segments and regions exhibiting promising growth covered Historical, current, and projected market size, in terms of value In-depth analysis of the Higher Education Market Overview of the regional outlook of the Higher Education MarketPurchase this report (Price 5600 USD for a single-user license) https:/www.businessgrowthreports.com/purchase/21959383 Reasons to Buy this Report: Access to date statistics compiled by our researchers. Higher Education Practice contacts and contributors Get in touch Roy Mathew National Practice Leader | Higher Education rmathew@deloitte.com +1 408 704 4527 Roy is a principal with Deloitte Consulting LLP and leads the Higher Education Consulting practice. The global food and beverage industry is one of the major industries facing serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak. The weak assessment mechanism of online testing may challenge the market growth. The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers . Market is changing rapidly with the ongoing expansion of the industry. The virtual classroom market size was $11.3 billion During the 2020 to 2026, the industry and professional eLearning segment is likely to grow with a CAGR of 32.1%. The state universities segment is expected to grow with a remarkable CAGR. The global higher education technology market size was USD 77.66 billion in 2020. Verified Market Research uses the latest researching tools to offer accurate data insights. The readers will also get their hands on the revenue and sales data of each region and country for the period 2017-2028. Themarket is segmentedby courses (degree and non-degree) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). An efficient strategy offers the companies with a head start in planning and an edge over the competitors. Download a FREE Sample Report that can help you to strategize your sales revenue - Get it now! It is also termed as a natural phase in life cycle of humans. By 2028, the Higher Education Market size is expected to reach US $ 169.72 Billion. Packaging, Construction, Mining & Gases Industry, Banking Financial Services & Insurance Industry, Internet, Communication, Software & Services industry, Competitor companys business reports and newsletters, Market drivers and restraints, along with their current and expected impact, Raw material scenario and supply v/s price trends, Regulatory scenario and expected developments, Current capacity and expected capacity additions up to 2027, Network participants such as distributors. Gaslighters have two signature moves: Are you being gaslighted at work? Increasing Proliferation of Online Teaching to Aid Market Growth. Nearly all countries have imposed lockdowns and strict social distancing measures. North America is expected to account for the largest market size during the forecast period. I appreciate the timeliness and responsiveness of you and your team., (applicable to 1 report only for the same license type), The global higher education technology market is projected to grow from $85.43 billion in 2021 to $169.72 billion in 2028 at a CAGR of 10.3% in forecast period, 2020 Fortune Business Insights . Analysts carry out extensive research using both top-down and bottom up methods. This can, in part, be attributed to factors such as more English-language academic programs across Europe, developing countries investing in better educational resources and international student movements. The report provides an accurate prediction of the contribution of all regions to the growth of the Global Higher Education Testing and Assessment Marketsize and actionable market understandings. Public colleges and universities are higher education institutions that get most of their funding from state governments. Exhibit 1 - 2021 Higher Education Applications Market Shares Split By Top 10 Higher Education Vendors and Others Through our forecast period, the Higher Education applications market size is expected to reach $7.8 billion by 2026, compared with $6.8 billion in 2021 at a compound annual growth rate of 4.2%. This piece focuses on the not-for-profit and public institutions that grant a bachelor's degree or higher. We largely focus on the following parameters for forecasting about the market under lens: We assign different weights to the above parameters. By end-user, the market is categorized into private colleges, community colleges, and state universities. Europe is expected to capture a substantial share in the global market as the region is experiencing a notable rise in the number of institutions. For instance, Temporary Closure of Institutes Reduced Educational Hardware Demand and Increased Online Learning. It creates and serves the largest workforce across every region. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. Global Higher Education Market Size Research report presents an in-depth analysis of the Higher Education Market size, growth, share, segments, manufacturers, and forecast, competition landscape and growth opportunity. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors Provision of market value (USD Billion) data for each segment and sub-segment Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions Includes in-depth analysis of the market from various perspectives through Porters five forces analysis Provides insight into the market through Value Chain Market dynamics scenario, along with growth opportunities of the market in the years to come 6-month post-sales analyst support. The Market study aids in making sales forecasts for its products and thereby, establishing harmonious adjustment between demand and supply of its products.Get a Sample Copy of the Higher Education Market ReportGlobal Higher Education Market Segmentation Analysis The Higher Education Market includes specific segments by region (country), manufacturers, Type, and Application. Astera Software (California, United States), ServiceNow, Inc. (California, United States), Cisco Systems, Inc. (California, United States), Others (Content and Collaboration, Data Security and Compliances, etc. Vendors are launching customized solutions as per the requirements of institutes and students. Addition or alteration to country, regional & segment scope, To Get Customized Report Scope:-Request For Customization Now, Global Massage Chairs Market Size And Forecast, Global Marking Laser System Market Size And Forecast. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period. How much is the higher education technology market worth in the year 2028? Global Data Exchange Platform Services Market- Industry Analysis and forecast 2027: Deployment, Organization Size, Industry Verticals, and Region. The Global Higher Education Testing and Assessment Market as per product segmentation is categorized into Academic and Non-Academic. The United States is considered an education hub with the highest number of institutions and universities globally. How big will the Higher Education market and growth rate in upcoming years? LONDON--(BUSINESS WIRE)--Technavio has been monitoring the higher education market and it is poised to grow by USD 37.82 billion during 2020-2024, decelerating at a CAGR of over 12% during the . COPYRIGHT 2022 MAXIMIZE MARKET RESEARCH | All Rights Reserved. If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. The rise in CAGR is attributable to this markets demand and growth, returning to pre-pandemic levels once the pandemic is over. The higher education market has emerged over the past 20 years and is now growing rapidly. Maximize Market Research provides B2B and B2C research on 6,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Request a Free sample to learn more about this report. According to data published by the Organization for Economic. Based on components, the market has been classified into hardware, solutions, and services. To know more about the historic market size Request a Free Sample Report! "Smart Strategies, Giving Speed to your Growth Trajectory", Region : Global | Format: PDF | Report ID: FBI104503. Higher Education Market is anticipated to reach USD XX.X MN by 2028, this market report provides the growth, trends, key players & forecast of the market based on in-depth research by industry experts. However, the rising need for increasing tuition charges puts tremendous strain on students. North America is the fastest-growing region in the global higher education testing and assessment market compared to other regions. Given the potential of e-learning in higher education and its broad range of possible implications for institutions and learners, governments might be expected to take a keen interest in it. Technavio's market research report entails detailed information on regional opportunities in store for vendors, which will assist in generating sales revenues. In 2020, the market was valued at USD 77.66 billion. For information on the impact of the five forces analysis Click Now! PR Newswire New York. For instance, as per a national survey conducted by Higher Ed and Gallup in 2019, 56% of college and university chief academic officers (CAOs) agreed that they have planned to allot significant funds to online programs in 2019. The research report provides analysis based on Higher Education market segments including product types, end users, applications, and geography. What are the key driving factors for the growth of the Higher Education Market? Technavio categorizes the global higher education testing and assessment market as a part of the global education services market. Stakeholders, market players, investors, and other market participants can significantly benefit from the thorough market analysis provided in the report. The market is driven by schools shifting from the traditional blackboard approach to integrating smart technology into learning environments. Higher Education Market size was valued at USD 477,122.7 Million in 2021 and is projected to reach USD 853,287.4 Million by 2030, growing at a CAGR of 7.03% from 2023 to 2030. The potential for the customer landscape will be available with Technavio Reports Buy Now! In addition, the research report categorizes the global Higher Education market by top players / brands, regions, types, and end users. July 2020 Blackboard, Inc. launched a data-driven, scalable, and proactive student retention solution that enables institutes to facilitate personalized coaching and early student intervention. Source: Apps Run The World, September 2022 The hardware segment is likely to lead the market. The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls. The research makes a higher level of education possible and education, in turn, develops the human resources to do research. "Higher Education Market" Global Research. I make $80,000 and have $220,000 in student debt. The global higher education market is expected to exhibit a CAGR of 20.37% during 2022-2027. European institutions have adapted their teaching and learning approaches in response to the changing demand and societal and technological developments. Revenue Generating Segment - The higher education market share growth by the academicsegment will be significant during the forecast period. Heterogeneous Network Market- Global Industry Analysis and Forecast (2022-2029). Traditional education learning systems approaches have suddenly shifted to virtual, distance, and blended learning systems through remote learning platforms. Among these, the higher education segment will be the fastest-growing and also contribute towards this market growth more than any other segment. The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Thus, several universities, colleges, and institutes have started generating revenues from students' tuition fees rather than government funding. Pune, India, Aug. 17, 2021 (GLOBE NEWSWIRE) -- The global higher education technology market size is expected to gain momentum by reaching USD 169.72 billion by 2028 while exhibiting a CAGR of 10. . Higher education is delivered at various educational institutes such as universities, academies, colleges, seminaries, and institutes of technology as well as through certain college-level institutions, including vocational schools, trade schools, and other career colleges awarding degrees. We also collect and mix the data from our previous market research reports. According to the data from the National Center for Education Statistics, there were more than 26 million students enrolled in the U.S. higher education institution in 2019-20. State Universities
31% of the market's growth will originate from this region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. Education has become a vital element for Asian countries to support economic and sociological development. This partnership aims to offer college faculties unique opportunities for skill-building and retool the existing approaches to expand their current teaching methods. The publisher has been monitoring the higher education market and it is poised to grow by $45.11 bn during 2021-2025, progressing at a CAGR of 13.84% during the forecast period. To know about other factors of market dynamics Request a Free Sample! China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst-affected countries in terms of positive cases and reported deaths, as of March 2020. All the research models are customized to the prerequisites shared by the global clients. This has led to a near year on year rise in the online learning market share. Visit a quote page and your recently viewed tickers will be displayed here. The Global Higher Education Market report provides a holistic evaluation of the market. The online education market in India is expected to grow by US$ 2.28 billion during 2021-2025, growing at a CAGR of almost 20%. Apart from this, the COVID-19 pandemic has strengthened the support for online coaching. Education Technology Market Size, Share & Trends Analysis Report, By Sector (Preschool, K-12, Higher Education), By End-user (Business, Consumer), By Type, By Deployment, By Region, And Segment Forecasts, 2022 - 2030 Report ID: GVR-4-68038-878-7 Number of Pages: 117 Format: Electronic (PDF) Historical Range: 2017 - 2020 Industry: Technology This report also discusses consumer trends that are affecting the Higher Education market as well as market trends for each segment, along with any potential effects on the future of the industry. .this pro-worker chorus has become loud and bipartisantrumpeting tariffs, wage subsidies, benefits mandates . Educational institutions are introducing assessments including elements such as digital badging and micro-credentials. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites. Robust Flexibility of Online Learning to Increase Its Popularity. Copyright 2022 MarketWatch, Inc. All rights reserved. The global higher education market is expected to grow at a CAGR of 19.6% during the period 2022-2027. What segments are covered in the Higher Education Market Report? Moreover, the market's growth momentum will accelerate at a CAGR of 6.32%as per the latest market forecast report by Technavio. What was the value of the global higher education technology market in 2020? According to the latest report by IMARC Group, titled "Higher Education Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the global higher education market.The report also includes competitor and regional analysis, and contemporary advancements in the global market. All rights reserved. Among these, the hardware segment is presently holding a major share of the market for higher education technology, while the solutions segment is likely to exhibit substantial growth during the forecast period. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. The Global Higher Education Market Research Report (2022-2028) is a professional and detailed survey of the current state of the global Higher Education industry. Im 68, my husband is terminally ill, and his $3 million estate will go to his son. Progressive approaches towards online training and learning support the demand for other systems such as advanced higher education technology. The major players are Massachusetts Institute of Technology(MIT), University of Oxford, University of Cambridge, Stanford University, Harvard University, California Institute of Technology (Caltech), Imperial College London, & Others. The U.S. higher education sector is large and diverse in the North American region. The Middle East & Africa to showcase steady growth during the forecast period. Contact Us:Business Growth ReportsPhone: (US) +1 424 253 0946 (UK) +44 203 239 8187Email:sales@businessgrowthreports.comWebsite:https://www.businessgrowthreports.com Other Reports Here: Virtual Reality (VR) in Healthcare Market 2023 Industry Size, Growth, Segments, Revenue, Manufacturers and 2028 Forecast Top Countries Data Music Streaming Market Size in 2023 | Size, Recent Trends, Demand and Share Estimation by 2028 with Top Players | Top Countries Data Automated Algo Trading Market Size [2023-2028] | Share and Growth Factor Analysis, Top Key Players, Research Report | Top Countries Data Communal Areas Cleaning Services Market Growth Analysis, Global Industry Segmentation, Size, Share, Trend, Future Demand and Leading Players Updates by Forecast to 2028 Boronizing Service Market 2023 Industry Demand, Share, Top Players, Industry Size, Future Growth by 2028. Education Apps Market Size to Grow by USD 124782.56 Million From 2022 to 2027, Assessment on Parent . Verifying the collected data in terms of accuracy and reliability. Online learning has started to gain much pace in the higher education sector. The report also includes competitor and regional analysis, and contemporary advancements in the global market. Key trend factors affect market share in the world's top regions? Higher education through offline mode has expanded rapidly over the past few decades across the globe. Global Cloud Computing in Higher Education Market is estimated . There are four main components to higher education institution revenues in the United States. Asia-Pacific is expected to hold the largest market share of the Higher Education the forecast period followed by North America. The global U.S. Education Market accrued earnings worth approximately 1.1 (USD Trillion) in 2020 and is predicted to gain revenue of about 2.3 (USD Trillion) by 2028, is set to record a CAGR of nearly 4.5% over the period from 2021 to 2028. Hence, they are promoted by several vendors and educational institutions. Looking forward to work together in the future, It has been a delightful experience working with you guys. The K-12 Education Market was valued at USD 3,259.36 million in 2021 and is expected to register a CAGR of 9.53% over the forecast period (2022 - 2027). Course, Mode, Institution, and Geography. Global Higher Education Market - Historical, Forecast Market Sizes (Us$ Mn), By Component, 2019-2027 The Component: COVID-19 Impact segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. Which end-user segment is expected to grow at a significant CAGR? An efficient strategy offers the companies with a head start in planning and an edge over the competitors. The market and consumer trends that are influencing the Higher Education market can be better understood with the aid of this report.Enquire before purchasing this report-https://www.businessgrowthreports.com/enquiry/pre-order-enquiry/21959383COVID-19 Impact on Market: The recent COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then, it has spread around the globe at a fast pace. Progressive prospects towards advanced learning approaches are expected to drive market growth across Europe. The online education market size is expected to expand at a USD 197.64 Billion with 22.7% CAGR during the forecast period, 2020-2030. . We use cookies to enhance your experience. We appoint data triangulation strategies to explore different areas of the market. The India higher education market is expected to exhibit a CAGR of 10.30% during 2022-2027. The trend of distance learning across North American countries has significantly accelerated online teaching-learning approaches. Different elements of research methodology appointed by our experts include: Market is filled with data. Higher Education Market: Global Industry Analysis and Forecast (2022-2029). It looks quite comprehensive and the data is exactly what I was looking for. The report on the higher education market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis . Global Market Likely to be Driven by Advancements in Technology and Changing Student and Industry Expectations Discover more Industry Outlooks. Besides, partnerships and collaborations with educational institutes help vendors to expand their business portfolios. The state universities segment has captured the maximum higher education technology market share. On the basis of regional analysis, the Global Higher Education Market is classified into North America, Europe, Asia Pacific, Middle east and Africa, and Latin America. ), North America (By Component, Learning Mode, End User, and Country), South America (By Component, Learning Mode, End User, and Country), Europe (By Component, Learning Mode, End User, and Country), The Middle East & Africa (By Component, Learning Mode, End User, and Country), Asia Pacific (By Component, Learning Mode, End User, and Country), Granular Research on Specified Regions or Segments, Companies Profiled based on User Requirement, Broader Insights Pertaining to a Specific Segment or Region, Breaking Down Competitive Landscape as per Your Requirement, Other Specific Requirement on Customization. Furthermore, the report provides insights into the latest industry and market trends and analyzes technologies deployed at a rapid pace at the global level. Theonline higher education market share in the USis projected to grow by USD 33.35 billion with a CAGR of 19.82%during the forecast period 2021 to 2026. State (Public) Institutions accounted for the largest market share in 2020. The global Higher Education market size is projected to reach USD 352050 million by 2026, from USD 179350 million in 2019, at a CAGR of 10.0% during 2021-2026. Heres how to recognize the signs. However, the bulk of this growth is driven by middle-income countries, while high-income countries are more stagnant. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation. Asia Pacific is likely to experience tremendous growth in the global market during the forecast period. However, the bulk of this growth is driven by middle-income countries whereas high-income countries have seen more of a stagnant trend. Key Highlights - EdTech refers to digital technology devoted to the development . The market is projected to reach USD 169.72 billion by 2028. The major players in the market are Massachusetts Institute of Technology(MIT), University of Oxford, University of Cambridge, Stanford University, Harvard University, California Institute of Technology (Caltech), Imperial College London, University of Chicago, University College London (UCL), ETH Zurich (Eidgenssische Technische Hochschule Zrich), University of Leeds, University of Edinburgh, Universit degli Studi di Padova, University of Barcelona, and University of Manchester, and Others. There are both private institutions and public institutions present for offline higher education. Institutes are adopting advanced solutions to make infrastructures more responsive, engaging, and insightful than ever before. China is the global manufacturing hub, with the presence of and the largest raw material suppliers. Thus, growing funding for transforming the education system will drive advanced higher education technology market opportunities. Many countries are facing incapability in adopting advanced learning solutions owing to the lesser availability of dedicated funds. State (Public) Institutions Private (Non-public) Institutions. A growing number of higher education enrollments is a major driver for the growth of the market during the forecast period. The Global Higher Education Market is segmented based on Course, Mode, Institution, and Geography. On the basis of Mode, the Global Higher Education Market has been segmented into Offline Education, and Online Education. Ltd., Turning Technologies LLC., Wheebox, ZandaX, and McGraw Hill Education Inc. Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. Globally, enrollment in higher education has seen a growth path. This growth can be attributed to the increasing number of private institutions and universities. China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst-affected countries in terms of positive cases and reported deaths, as of March 2020. The global higher education technology market size was USD 77.66 billion in 2020. In contrast, in Sub-Saharan African countries where the financial situation is most severe, the per capita public expenditure on higher education is much higher than that for other educational levels. However, upper-middle-income countries still lead the way which reflects the growing presence of developing nations in higher education worldwide. Last piece of the market research puzzle is done by going through the data collected from questionnaires, journals and surveys. The rising population, limited access to good-quality early education, gender gap as well as frequent protests on campuses is a major factors anticipated to drive . Based on our analysis, the global market exhibited a significant growth of 9.9% in 2020 as compared to the average year-on-year growth during 2017-2019. Edtech industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-21, and forecast to 2026). Within the higher education market, there is an increasing competition between public and private higher educational institutions to emphasize on students and faculty from across the world along with participation of international universities and business partners for research, associations and funds. Scott Lincicome's column in today's Wall Street Journal correctly summarizes some of the best ways of making that happen. The overall market breaks down due to COVID-19 is also affecting the growth of the bacon market due to shutting down of factories, obstacle in supply chain, and downturn in world economy. By continuing to visit this site you agree to our use of cookies . Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Packaged software market: Industry Analysis and forecast 2027: By Application, Deployment Type, End-Users, and Region. Virtual Data Optimizer Market Global Industry Analysis and forecast (2022-2027), Private Colleges
Higher Education Market: Segmented: By Component (Hardware, Solutions, Services), By Learning Mode (Offline Learning, Online Learning), By End User (Private Colleges, Community Colleges, State Colleges), And Region - Global Analysis of Market Size, Share & Trends For 2021-2022 And Forecasts To 2032 . The transition of educational institutions to formative assessments is driving market growth. For an amplifying use the market has been segmented into the . The global higher education market size was at $77.41 billion in 2020 and is anticipated to reach $114.69 billion by 2026, with a compound annual growth rate (CAGR) of 9.3% over the course of the predicted period. The last step of the report making revolves around forecasting of the market. Offline learning captures maximum share due to the high preference for traditional teaching-learning methods. NEW YORK, March 17, 2022 /PRNewswire/ -- The Online Higher Education Market Share in US is expected to increase by USD 33.35 billion from 2021 to 2026, with an accelerated CAGR of 19.82%-. Globally, higher education enrolment has witnessed a growth trajectory. Also, as per the National Student Clearinghouse Research Center Report, the number of college student enrollments has fallen to 1.3%, with the loss of about 231,000 students compared to the year earlier. Moreover, it is a crucial role in reforming the social system and cultivating social cohesion. The Global Higher Education Market size is expected to grow at an annual average of 20.3% during 2021-2027. global higher education market is segmented by type of learning mode (offline learning, online learning), by hardware device (tablets, pcs, interactive white boards, projectors, printers, others), by software solution (data security & compliance, campus technology, performance management, content & collaboration, others), by service sector The size of this market is expected to increase to USD 63,754.95 million by the year 2028, while growing at a Compounded Annual Growth Rate (CAGR) of 21.2%. Every country in the world has a very extensive offline higher education system. The readers will also get their hands on the revenue and sales data of each region and country for the period 2017-2028. To Get a Summarized Market Report By Course:- Download Sample Report Now. In addition, regional players are adopting various strategies that will propel the growth of the regional market during the forecast period. Global Education Technology Market to Reach $404B by 2025 Within the context of a downgrade for total global expenditure, HolonIQ's updated global market size for EdTech is a $63B upgrade to our pre-COVID estimates. >>>Ask For Discount @ https://www.verifiedmarketresearch.com/ask-for-discount/?rid=2374. It further highlights some of the growth-stimulating factors and restraints, helping the reader gain in-depth knowledge about the market. On the basis of Institution, the Global Higher Education Market has been segmented into State (Public) Institutions, and Private (Non-public) Institutions. The growth rate of the Global Higher Education Market is 10.3%, with an estimated value of US $ 169.72 Billion million by 2028. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The increasing number of student enrolments is expected to fuel the Higher Education Market at a global level. Global Higher Education Testing and Assessment MarketCharacteristics with Five Forces, The Global Higher Education Testing and Assessment Marketis fragmented, and the five forces analysis by Technavio gives an accurate vision . Size of Chinese education industry would double The ecosystem of Chinese education, of which main sectors are private education, studying abroad, trainings and online education, generally boasts a booming trend. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Online assessments are considered unreliable due to the chances of answer manipulation. Increasing Investments from Venture Capital Firms in Education-Technology to Surge Market Opportunities. Geographically, the market is fragmented into five major regions such as North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. According to the UNESCO Institute of Statistics data, it was reported that lower-middle-income countries surpassed high-income countries in tertiary enrolment. To Know How COVID-19 Pandemic Will Impact Higher Education Market/Industry- Request a sample copy of the report-https:/www.businessgrowthreports.com/enquiry/request-covid19/21959383. In addition, market analysts have identified key regions with growth potential. The growth rate of the Global Higher Education Market is 10.3%, with an estimated value of US $ 169.72 Billion million by 2028. The population around the globe had restricted themselves going out of their home and edge towards confining themselves to their homes which is impacting all the market negatively or positively.According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections. As per the Understanding Middle East Education report of 2018, Egypt enrolled 2.4 million students in 2016. About Us: Business Growth Reports is the Credible Source for Gaining the Market Reports that will provide you with the lead your business needs. As the effect of COVID-19 spreads, the overall market has been impacted by COVID-19 and the growth rate has also been impacted in 2019-2020. Market is changing rapidly with the ongoing expansion of the industry. The Higher Education Market is segmented on the basis of Course, Mode, Institution, and Geography. They are further categorized into countries. The COVID-19 pandemic has temporarily shut down most educational institutes across the world. Which is the key factor driving the market growth? The next decade will see an additional . The parent market, the global education services market, covers services, products, and solutions that are offered to educational institutions, students, parents, individuals, corporate institutions, and teachers. Advancement in the technology has provided todays businesses with multifaceted advantages resulting in daily economic shifts. As a result, the final set of collected data is a combination of different forms of raw statistics. Which is the leading component segment in the market? The Cloud Computing in Higher Education Market size section provides market revenue, taking into account both the market's historical growth and future projections. Community Colleges, Information Technology & Telecommunication. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. What are the major market trends that affecting the growth of the global Higher Education market? Higher education represents the final stage of formal learning occurring after the completion of secondary education. To know how our report can help streamline your business, Speak to Analyst, Growing Private Educational Institute to Fuel the Demand for Advanced Learning Software. Register for a free trial today and gain instant access to 17,000+ market research reports. The market and consumer trends that are influencing the Higher Education market can be better understood with the aid of this report.Enquire before purchasing this report-https://www.businessgrowthreports.com/enquiry/pre-order-enquiry/21959383COVID-19 Impact on Market: The recent COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then, it has spread around the globe at a fast pace. The Indian edtech market size is expected to reach US$ 30 billion by 2031, from US$ 700-800 million in 2021. Corporate organizations, universities, and governments are adopting software solutions and online platforms for testing and assessments. This can be ascribed to the increasing enrollments around the world. They can also use the online reporting software to understand the different key performance indicators. The report covered all the points and was very detailed. Several institutes have started enrolling students for partial or fully online educational programs at the institutional level. The sample report for the Higher Education Market can be obtained on demand from the website. Governments, including Japan, India, Australia, and Malaysia, are supporting online learning methods, further augmenting market value across the region. For instance, in February 2021, the German Chancellor & Education Minister launched Digital Education Initiative to strengthen learning. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. NEW YORK, Nov. 21, 2022 /PRNewswire/ -- The Global Higher Education Testing and Assessment Marketshare is set to increase by USD 6481.55 million from 2022 to 2027. In January 2020, the United Arab Emirates-based Khawarizmi International College deployed an open-source LMS system to enhance its educational landscape. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Contact the source provider Comtex at editorial@comtex.com. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. The need to record and maintain detailed information about students is accelerating the growth of student information systems. Similarly, prominent companies such as Owl Ventures, Kapor Capital, Exceed Capital, and others are investing in many educational technologies to improve the education system. Domestic gas supplies 2.5 billion cubic feet (BCF) of the 4 billion BCF we need today, but by 2030, though local needs will climb to about 4.5 billion BCF, supply from Bay deposits could help easily catch up. Our latest research, perspectives, and insights on the management issues that matter most to the companies and organization about the market, which is leading through the COVID-19 crisis to managing risk and digitizing operations to deliver trusted information and experiences to the decision makers. According to the latest report by IMARC Group, titled "Higher Education Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the global higher education market.The report also includes competitor and regional analysis, and contemporary advancements in the global market. in 2021 and the total revenue is expected to grow at 19.4 % through 2022 to 2029, reaching nearly US$ 73.98 Bn. To Know How COVID-19 Pandemic Will Impact Higher Education Market/Industry- Request a sample copy of the report-https:/www.businessgrowthreports.com/enquiry/request-covid19/21959383 Regional Segmentation Higher Education market report provides key insights regarding various regions and the key players operating in each region. The global food and beverage industry is one of the major industries facing serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak. Looking forward to work together on similar projects, We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. Should I use all my inheritance for a down payment? Different members of the markets value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. I sold my late mothers home for $250,000. These factors will fuel the growth of the market during the forecast period. Advancement in the technology has provided todays businesses with multifaceted advantages resulting in daily economic shifts. We value them as a research company worthy of building long-term relationships., Well done Fortune Business Insights! The global impact of COVID-19 has been unprecedented and staggering, with higher education witnessing a negative impact on demand across all regions amid the pandemic. This is expected to fuel market opportunities in the region. All the previous reports are stored in our large in-house data repository. Oracle Corporation, Astera Software, CollegeDegrees.com, LLC, Bain & Company, Inc., Dell Inc., VMware, Inc., Xerox Corporation, CDW LLC, and Cisco Systems, Inc. are the top market players. Global Education and Training Expenditure is set to reach at least $10T by 2030 as population growth in developing markets fuels a massive expansion and technology drives unprecedented re-skilling and up-skilling in developed economies. It is demanded to play a central role in the creation and transmission of knowledge in a knowledge society. Higher Education Testing And Assessment Market Scope, North America, Europe, APAC, the Middle East and Africa, and South America, US, Canada, China, Japan, India, and Germany, Leading companies, Competitive Strategies, Consumer engagement scope. Hence, the weak assessment mechanism of online tests negatively affects the growth of the global higher education learning and assessment market. Technavio calculates the global education services market size based on the combined revenues generated by manufacturers or providers of equipment, teaching materials, software, solutions, and services. The collected data includes market dynamics, technology landscape, application development and pricing trends. Free report customization (equivalent up to 4 analysts working days) with purchase. Based on Course, the market is bifurcated into Undergraduate, Masters, and PhD. Higher Education Testing and Assessment Market Size to Grow by USD 6481.55 million From 2022 to 2027, Assessment on Parent Market, Five Forces Analysis, Market Dynamics & Segmentation - Technavio .
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