Higher Education Technology Market to Reach USD 189.96 Billion by 2032, With a CAGR of 13.7%

𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐡𝐢𝐠𝐡𝐞𝐫 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐔𝐒𝐃 59.72 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 2023 𝐚𝐧𝐝 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐭𝐨 𝐔𝐒𝐃 189.96 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 2032. 𝐓𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 13.7% 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝 𝐟𝐫𝐨𝐦 2024 𝐭𝐨 2032.

Various factors propelling the demand for the higher education technology include:
• The industry dynamics are shifting as new technologies such as Artificial Intelligence (AI), virtual reality, and augmented reality are increasingly integrated, propelling market growth.

• The industry is expanding because of the broad adoption of competency-based education, which allows students to advance based on their mastery of certain skills rather than traditional credit-hour approaches.

• The key driver of higher education technology market expansion is the growing adoption of cloud-based campus management solutions.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/higher-education-technology-market/request-for-sample

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐇𝐢𝐠𝐡𝐞𝐫 𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲?
The integration of computer hardware, software, and educational practice and theory with the goal of promoting learning is known as educational technology. When "EdTech," or its acronym, is used, it frequently refers to the sector of businesses that produce educational technology. The definition of educational technology is "the analysis and ethical method of stimulating understanding and enhancing implementation by making, operating, and driving proper technical procedures and resources."

The hypothesis and practice of utilization, design, development, management, and evaluation of techniques and resources for learning is how instructional technology is defined. Therefore, all legitimate and trustworthy applied education sciences, including tools, systems, and practices that come from scientific study, are included in the term "educational technology."

𝐓𝐨𝐩 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬:
Companies are concentrating on creating unique developments and enhancing current ones to attract fresh clients and grow their market existence. Some of the major players operating in the global higher education technology market are:
• Blackboard Inc.
• BYJU'S
• California Institute of Technology
• CIVITAS LEARNING
• Coursera Inc.
• Dell Inc.
• Harvard University
• Imperial College London
• Massachusetts Institute of Technology
• Oracle
• SAP SE
• Stanford University
• University of Cambridge
• University of Oxford
• VMWare

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬: https://www.polarismarketresearch.com/buy/3196/2

𝐇𝐢𝐠𝐡𝐞𝐫 𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 :
• Campus segment exhibited robust growth rate, owing to better management of student crowd and to maximize revenue potential

• Cloud segment is expected to grow at a rapid pace, as it could be scalable and easily accessible from anywhere

• Asia Pacific is expected to grow at a substantial pace, as there is a strong focus on entrepreneurial & innovation ecosystems

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞: https://www.polarismarketresearch.com/industry-analysis/higher-education-technology-market

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐁𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧:
The market is mainly segmented based on component, solution, service, deployment, learning mode, vertical, and region. Based on the vertical analysis, in 2022, the largest market share is held by the private segment, as private colleges are progressively aligning their academic schedules with market demands.

Moreover, according to solution analysis in 2022, the largest market share was held by the student information management system segment. This is primarily because of the growing adoption of decentralized essence techniques, which have achieved considerable traction.

• 𝐁𝐲 𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭
o Hardware
o Solution
o Services

• 𝐁𝐲 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧
o Student Information Management System
o Content Collaboration
o Data Security and Compliance
o Campus Management
o Others

• 𝐁𝐲 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬
o Professional Services
o Managed Services

• 𝐁𝐲 𝐃𝐞𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭
o Cloud
o On-premise

• 𝐁𝐲 𝐋𝐞𝐚𝐫𝐧𝐢𝐧𝐠 𝐌𝐨𝐝𝐞
o Offline Learning
o Online Learning
• By Vertical
o Public
o Private

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
𝑯𝒊𝒈𝒉 𝑨𝒍𝒕𝒊𝒕𝒖𝒅𝒆 𝑷𝒍𝒂𝒕𝒇𝒐𝒓𝒎 𝑴𝒂𝒓𝒌𝒆𝒕 : https://www.polarismarketresearch.com/industry-analysis/high-altitude-platforms-market
𝑴𝒐𝒃𝒊𝒍𝒆 𝑾𝒂𝒍𝒍𝒆𝒕 𝑴𝒂𝒓𝒌𝒆𝒕 : https://www.polarismarketresearch.com/industry-analysis/mobile-wallet-market
𝑴𝒐𝒏𝒊𝒕𝒐𝒓 𝑨𝒓𝒎 𝑴𝒂𝒓𝒌𝒆𝒕 : https://www.polarismarketresearch.com/industry-analysis/monitor-arm-market
𝑽𝒊𝒅𝒆𝒐 𝑺𝒕𝒓𝒆𝒂𝒎𝒊𝒏𝒈 𝑴𝒂𝒓𝒌𝒆𝒕 : https://www.polarismarketresearch.com/industry-analysis/video-streaming-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬 :

Polaris Market Research
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Email: sales@polarismarketresearch.com

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