Global Higher Education Market Overview, Dynamics and Segmentation: by Type, Solution, Hardware and Regions

Higher Education Market was valued at USD 51.80 billion in 2016 and is projected to reach USD 105.72 billion by 2025, growing at a CAGR of 8.25% from 2017 to 2025

Technology in the education field is playing a vital role in enabling educators and students to interact and benefit from impending learning opportunities. Various new trends are giving hope for institutions so as to communicate education in a more effective and interactive way. Higher educational institutions are extra cognizant regarding the latest developments in the global market, through building competent strategies for long-term relations and determining a higher level in the global student market. Universities around the globe are taking additional efforts to incorporate unique activities and strategies by promoting their programmers to a wide audience and also by providing services to foreign students.

The global higher education market is segmented based on software, hardware, users, services, and geography. The hardware segment comprises devices that are used in the higher education market such as PCs, tablets, interactive whiteboards, printers, projectors, and so on. Software segment includes campus technology, data security and compliance, content and collaboration, performance management, and so on. The services segment comprises training and support, implementation, and consulting & advisory. The user's segment of the global higher education market has state universities, private colleges, and community college. Geographically, the global market is segmented as Europe, North America, Asia-Pacific, and Rest of World.

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Growing hardware and connectivity, the privacy of numerous cloud-based resources, promising collaborative and online learning, and encompassment of the technology are some of the key factors driving the global higher education market growth. Conversely, complexity in the adoption of server-based computing, increased cost, and reduced government funding is a few challenges faced by the global market. In the present day, owing to budgetary constraints, higher educational institutions do not spend more on technology. Rising competition among numerous institutions in the future will result in the high use of cloud-based resources. Therefore, strategic alliances & partnerships and niche developments in technology may provide opportunities for the global market.

Higher education is an optional final stage of formal learning that occurs after completion of secondary education. Higher education includes teaching, research, exacting applied work, and social services activities of universities. Higher Education benefits the society in several ways including – economic growth and stability, happier and healthier lives, unity and trust, and employability.

Sample Infographics:

Market Dynamics:

1. Market Drivers
1.1 Increasing Enhancements in Technology
1.2 Growing Technology Personalization
1.3 Incorporation of Inline and Collaborative Learning
1.4 Growing Demand for Device-based Computing
1.5 Easy Deployment

2. Market Restraints
2.1 Reduction in Government Funding
2.2 Increasing Costs for Higher Education
2.3 Laid back Adoption of Server-based Computing

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Market Segmentation:

The Global Higher Education Market is segmented on the basis of type, solution, hardware, and region.

1. By Type

1.1 Training and Support
1.2 Implementation
1.3 Consulting
1.4 Others

2. By Solution:

2.1 Performance Management Solutions
2.2 Campus Technology Solutions
2.3 Data Security and Compliance Solutions
2.4 Content and Collaboration solutions
2.5 Student and Curriculum Solutions
2.6 Others

3. By Hardware:

3.1 Tablets
3.2 Printers
3.3 PCs
3.4 Interactive White Boards
3.5 Projectors
3.6 Others

4. By Region:

4.1 North America U.S., Canada, Mexico
4.2 Europe Germany, UK, France, Rest of Europe
4.3 Asia Pacific China, India, Japan, Rest of Asia Pacific
4.4 Latin America Brazil, Argentina, Rest of Latin America
4.5 Middle East & Africa

Competitive Landscape:

The major players in the market are as follows:

1. Blackboard, Inc.
2. IBM Corporation
3. Oracle Corporation
4. Educomp Solutions
5. Dell, Inc.
6. Xerox Corporation
7. Panasonic Corporation
8. Verizon
9. Cisco Systems, Inc
10. Xerox Corporation

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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Research Methodology of Planet Market Reports

Research study on the Global Higher Education Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.

The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

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