Higher Education Market Size to Reach USD 169.72 Billion by 2028; Part of the Higher Education Market [2021-2028]

Key Market Profiled Players for the Higher Education Technology Market: Oracle Corporation, Astera Software, VMware, Inc., ServiceNow, Inc., Unified, Blackbaud, Inc., Cisco Systems, Inc., Verizon, Blackboard Inc., CDW LLC.

The size of the global higher education market is expected to grow at a Compound Annual Growth Rate (CAGR) of 10.3% during the forecast period, to reach USD 169.72 Billion by 2028, from USD 77.66 Billion in 2020. The global “Higher Education Market 2022” is expected to grow with an impressive CAGR and generate the highest revenue by 2029. Fortune Business Insights ™ published this information in its latest report. The report is titled “Higher Education Market Size, Share and Trends Forecast”. The report discusses the research objectives, research scope, methods, timeline and challenges throughout the forecast period.

The report examines the important characteristics of the market based on current industry situations, market needs and business strategies. Also, the research report separates the industry based on Higher Education Market share, types, applications, growth factors, major players and regions.

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Higher Education Market Size Overview:

  • USD 169.72 Billion in 2028
  • USD 77.66 Billion by 2020

Driving Factors:

Increasing Affordability of Higher Education Based on Market Growth

Finding undergraduate and graduate degrees has become progressively expensive over the past few decades around the world, negatively affecting the growth of the higher education market. According to the American think-tank, Center on Budget and Policy Priorities (CBBP), between 2008 and 2018, the average tuition fee increased at four years of public college in all 50 U.S. states. Tuition on average rose 37% and net costs that include scholarships and grants grew 24%, according to CBBP data. Another issue that comes with rising higher education costs is the huge debt burden that students have to face when they graduate. In the UK, for example, the average debt ratio for students is USD 30,800, while in Sweden it is USD 20,000. However, investing in higher education remains a lucrative prospect for students because, according to the World Bank, advanced degrees help students earn higher incomes compared to to high school graduates.

Global Higher Education Market Overview

Worldwide, enrollment in higher education has witnessed a growth. However, the volume of this growth was driven by middle-income countries while high-income countries saw a more stagnant trend. The increasing number of student enrollments is expected to fuel the Higher Education Market on a global scale. In addition, increasing internationalization in the education sector is a major contributor to the growth of the global Higher Education Market. However, limited financial resources can act as a potential constraint and further hinder market growth during the forecast period.

Makret Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains quantitative and qualitative estimation of the market elements of interest to the client. The Market is mainly divided into sub-segments that can provide classified data regarding the latest market trends. This can be of great benefit to having knowledge about the innovative technologies in the market.

Higher Education Market: Competitive Landscape and Primary Development

2U, Inc., REMIND101, INC., Verizon, Blackbaud, Inc, Ellucian Company LP, ServiceNow, Inc., Xerox Corporation, Dell Inc., CollegeDegrees.com, LLC, Oracle Corporation, Instructure, Inc., Blackboard Inc., Hyland Software, Inc., Unified, CDW LLC., VMware, Inc., Bain and Company, Inc., Astera Software.are among the major players profiled during the global Higher Education Market study. In addition, many other important market players have been studied and analyzed to gain a holistic view of the market and its ecosystem.

Higher Education Market Segments:

  • 2U, Inc. (Maryland, United States)
  • REMIND101, INC. (San Francisco)
  • Verizon (New York, United States)
  • Blackbaud, Inc (South Carolina, United States)
  • Ellucian Company LP (Virginia, United States)
  • ServiceNow, Inc. (California, United States)
  • Xerox Corporation (Connecticut, United States)
  • Dell Inc. (Texas, United States)
  • com, LLC, (Texas, United States)
  • Oracle Corporation (California, United States)
  • Instructure, Inc. (Utah, United States)
  • Blackboard Inc. (Washington, DC, United States)
  • Hyland Software, Inc. (Westlake, Ohio, United States)
  • Unified (Chicago, Illinois.)
  • CDW LLC. (Lincolnshire, Illinois)
  • VMware, Inc. (California, United States)
  • Bain and Company, Inc. (Massachusetts, United States)
  • Astera Software. (California, USA)

Higher Education Market 2022 Regional Analysis:

Moreover, this report focuses on the Higher Education Market, particularly in North America, Europe and Asia-Pacific, South America, the Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications. The regional analysis is another highly comprehensive part of the research and analysis of the global market analysis presented in the report. This section illuminates the sales growth of different markets at the regional and country level. For the historical and forecast period up to 2029, it provides a detailed and accurate analysis of the country’s volume and analysis of the market size in the global market.

Research Methods:

We follow an efficient research methodology that involves triangulation of data based on top-down, bottom-up approaches, and validation of estimated market numbers through basic research. The information used to estimate market size and predictions for different segments at the global, regional, and country levels was derived from the most credible published sources and through interviews with the right stakeholders. .

The Higher Education Market Growth rate or CAGR presented by a market for a specific forecast period is calculated based on various factors and their degree of impact on the market. These factors include market drivers, constraints, industry challenges, market and technology developments, market trends, etc.

Key Points from the TOC:

  1. Introduction

1.1. Scope of Research

1.2. Market Segmentation

1.3. Research Methods

1.4. Definitions and Assumptions

  1. Executive Summary
  2. Market Dynamics

3.1. Market Drivers

3.2. Market Restrictions

3.3. Market Opportunities

  1. Key Insights

4.1 Global Statistics – Major Countries

4.2 New Product Launches

4.3 Pipeline Analysis

4.4 Regulatory Scenario – Key Countries

4.5 Recent Industry Developments-Partnerships, Mergers and Acquisitions

  1. GlobalHigher Education Market Analysis, Insights and Forecast

5.1. Key Findings/ Summary

5.2. Market Analysis – By Product Type

5.3. Market Analysis – By Distribution Channel

5.4. Market Analysis-By Country/Sub-region

The

  1. Competitive Analysis

11.1. Key Industry Developments

11.2. Global Market Share Analysis

11.3. Competition dashboard

11.4. Comparison Analysis – Top Players

  1. Company Profiles

12.1 Overview

12.2 Products and Services

12.3 SWOT Analysis

12.4 Recent developments

12.5 Major Investments

12.6 Size and Demand of the Regional Market

  1. Strategic Recommendations

TOC continued ……………….

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