Press release
Higher Education Tools market is expected to reach USD 33520 million by the year 2028
Market Overview:The Global Higher Education Tools market was valued at USD 16.47 billion in 2021 and is expected to reach USD 33.52 billion by the year 2028, at a CAGR of 10.43%
Higher education institutes use technology in conjunction with theory and practical studies to determine the best method for achieving the defined learning objective and outcome. Many institutes and universities around the world are transforming their teaching, such as laboratory workshops, into an online, blended delivery method using various tools and modes. Due to the wide spread of the COVID-19 infectious disease, traditional education learning system approaches have abruptly shifted to virtual, distance, and blended learning systems via remote learning platforms. Institutes are implementing innovative solutions to make their infrastructures more responsive, engaging, and insightful than ever before.
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Market Dynamics:
Driver:
The Higher Education Tools market is expected to grow rapidly during the forecast period due to computer-aided learning media, which is the use of the computer to present learning materials for better understanding and visualization. Text, audio, video, animation, and graphics are all part of the Higher Education Tools material. Students and universities around the world have begun to embrace a variety of online tools to facilitate, simplify, and contextualize the entire learning process, such as introducing e-learning into the higher education market, with revenue from e-learning expected to reach nearly $325 billion by 2025.
Opportunities:
Increasing student engagement is quickly becoming a top priority for teachers. As a result, market participants are responding to such concerns by introducing advanced interactive whiteboards and shifting away from projector-based displays and toward touchscreen displays. in July 2021, Huawei Technologies launched a kid's smart learning screen for children, with a variety of educational resources and applications including word lookup, remote homework tutoring, teaching classes, textbooks, parent management education center, and smart learning solutions. Such initiatives by other market players are anticipated to create lucrative opportunities for market players over the forecasted period.
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Segmentation Analysis of Global Higher Education Tools market:
Product Type Insights:
By product type, Higher Education Tools market is bifurcated into On-premises and Cloud. Cloud-based higher education tools and services provide cost savings benefits to improve the operational efficiency of organizations and reduce overall
operational costs.
By Component:
• Hardware
• Solutions
• Services
By Deployment:
• On Cloud
• On Premises
By Learning Mode:
• Offline
• Online
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Regional Analysis of Global Higher Education Tools market:
North America is expected to account for Higher Education Tools largest market size during the forecast period. North America is segmented further into the US and Canada. The US is expected to be one of the major revenue contributors to the growth of the market in North America.
By Region:
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
Top Key Players Covered in Higher Education Tools Market:
• Oracle
• Unit4
• Hyland Software
• SAP
• Ellucian
• Blackbaud
• Unifyed
• Phoenixs
• Top Hat
• AcademyOne
• Cherwell
• Campus management
• Jenzabar
• Instructure
• Civitas Learning
• Verizon
• Cisco
• Remind
• CenturyLink
• HARMAN International
• Hurix
• Crayon
• Vmware
• Xerox
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Table of Contents:
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities by Segment
3.1 By Component
3.2 By Deployment
3.3 By Learning Mode
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Higher Education Tools Market by Component
To be Continue….
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