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Higher Education Market Size, Industry Trends Report | 2031

Higher Education Market

Name: Growth Market Reports
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Segments - by Software (Data Security & Compliance, Performance Management, Campus Technology, Content & Collaboration, Student & Curriculum, and Other Solutions), Hardware (Projectors, Printers, Tablets, Interactive White Boards, and Pcs), Service provided (Implementation, Consulting and Advisory, and Training & Support Services), End-User (State Universities, Private Colleges, and Community Colleges), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Report ID: ICT-SE-504
Author: Growth Market Reports

Rating: 4.1
Total Reviews: 84

No. Of Pages: 185
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Pub. Date: Upcoming
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Report Description

The global higher education market size was valued at USD 20.09 Billion in 2022 and is projected to reach USD 112.53 Billion by 2031, expanding at a CAGR of 21.1% during the forecast period, 2023–2031. The growth of the market is attributed to the increasing number of public and private institutions, government agencies, ministries of education, and testing and education companies.

Higher education is known as post-secondary education. It is considered a final stage of formal learning that takes place after secondary education. Higher education is offered by several educational institutions such as colleges, universities, academics and institutes of technology, seminaries, trade schools, vocational schools, and several other career colleges. Higher secondary education consists of training & research guidance and post-secondary education.

Higher Education Market Dynamics

Major Drivers

M-learning and E-learning are two major higher education modes, which drive the market. Increased connectivity & hardware, the privacy of cloud-based resources, the importance of collaborative & online learning, and personalization of technology are projected to fuel the market. Factors such as strategic alliance, new technological developments, ease of deployment, and partnership are expected to drive the market.

Existing Restraints

Decreased government funding, high education costs, and difficulty in adopting server-based computing act as a barrier to market growth.

Emerging Opportunities

Rising popularity of mobile learning and electronic learning is driving the market. Rising number of student enrollments in K-12 educational institutions is a major factor boosting the market.

Scope of Higher Education Market Report

The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Higher Education Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Software (Data Security & Compliance, Performance Management, Campus Technology, Content & Collaboration, Student & Curriculum, and Other Solutions), Hardware (Projectors, Printers, Tablets, Interactive White Boards, and Pcs), Service provided (Implementation, Consulting, and Advisory, and Training & Support Services), and End-User (State Universities, Private Colleges, and Community Colleges)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Panasonic Corporation, Adobe Corporation, Three River Systems, Cisco Systems, Inc., Educomp Solutions, Xerox Corporation, Blackboard, Inc., Oracle Corporation, Dell, Inc., IBM, Smart Technologies, Inc., and Desire2Learn Inc.

Higher Education Market Segment Insights

Software Segment Analysis

Based on software, the global higher education market is segregated into data security & compliance, performance management, campus technology, content & collaboration, student & curriculum, and other solutions. Higher education solutions offer an application development environment for IT developers to design, deploy, execute, and develop applications.

The student & curriculum software helps higher education institutes to generate revenue and increase their market share. It helps institutions make firm decisions and gain profits. The performance management segment is projected to hold a major market share of the total revenue during the forecast period.

Hardware Segment Analysis

On the basis of hardware, the global higher education market is fragmented as projectors, printers, tablets, interactive white boards, and Pcs. The PCs segment is expected to expand at a high CAGR during the forecast period. Acceptance of modern learning technology such as virtual classrooms, E-learning, distance learning, and mobile learning is driving the segment.

End-users Segment Analysis

In terms of end-user, the global higher education market is classified as state universities, private colleges, and community colleges. The state university segment is expected to expand at a robust CAGR during the forecast period.

The cost of education in state universities is inexpensive as compared to other segments, which encourages youth to opt for university education after higher education. The private college market is likely to grow at a rapid pace during the forecast period.

Regional Analysis

In terms of region, the global higher education market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Increased focus on student retention and acquisition rates in the region are expected to drive the market in North America. Rising adoption of Bring Your Own Device (BYOD) between teachers and students is projected to boost the regional market

Moreover, high investments in modern technologies by educational institutes are estimated to fuel the market. The US is the primary choice of most students for higher education, as the region consists of several old universities such as Princeton and Harvard.

The market in Asia Pacific is expected to expand at a high CAGR during the forecast period. China is the primary exporter, producer, and investor in the higher education market. The growth of the region is attributed to economic growth and joint trade patterns. Rapid growth in the quality of higher education institutions and increasing popularity of universities in Germany, the UK, and France has driven the market in Europe.

Segments

The global higher education market has been segmented on the basis of

Software

Data Security & Compliance
Performance Management
Campus Technology
Content & Collaboration
Student & Curriculum
Other Solutions

Hardware

Projectors
Printers
Tablets
Interactive White Boards
Pcs

Service Provided

Implementation
Consulting and Advisory
Training & Support Services

End-User

State Universities
Private Colleges
Community Colleges

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Panasonic Corporation
Adobe Corporation
Three River Systems
Cisco Systems, Inc.
Educomp Solutions
Xerox Corporation
Blackboard, Inc.
Oracle Corporation
Dell, Inc.
IBM
Smart Technologies, Inc.
Desire2Learn Inc.

Competitive Landscape

Key players in the global higher education market include Panasonic Corporation, Adobe Corporation, Three River Systems, Cisco Systems, Inc., Educomp Solutions, Xerox Corporation, Blackboard, Inc., Oracle Corporation, Dell, Inc., IBM, Smart Technologies, Inc., and Desire2Learn Inc. Huge opportunities offered by the higher education sector encourages key players for collaborations and partnerships and expands their reach in the market.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Higher Education Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Higher Education Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Higher Education Market - Supply Chain
  4.5. Global Higher Education Market Forecast
     4.5.1. Higher Education Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Higher Education Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Higher Education Market Absolute $ Opportunity
5. Global Higher Education Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Higher Education Market Size and Volume Forecast by End Users
     5.3.1. State Universities
     5.3.2. Private Colleges
     5.3.3. Community Colleges
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Higher Education Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Higher Education Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Higher Education Demand Share Forecast, 2019-2026
7. North America Higher Education Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Higher Education Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Higher Education Market Size and Volume Forecast by End Users
     7.4.1. State Universities
     7.4.2. Private Colleges
     7.4.3. Community Colleges
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Higher Education Demand Share Forecast, 2019-2026
8. Latin America Higher Education Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Higher Education Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Higher Education Market Size and Volume Forecast by End Users
     8.4.1. State Universities
     8.4.2. Private Colleges
     8.4.3. Community Colleges
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Higher Education Demand Share Forecast, 2019-2026
9. Europe Higher Education Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Higher Education Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Higher Education Market Size and Volume Forecast by End Users
     9.4.1. State Universities
     9.4.2. Private Colleges
     9.4.3. Community Colleges
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Higher Education Demand Share Forecast, 2019-2026
10. Asia Pacific Higher Education Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Higher Education Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Higher Education Market Size and Volume Forecast by End Users
     10.4.1. State Universities
     10.4.2. Private Colleges
     10.4.3. Community Colleges
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Higher Education Demand Share Forecast, 2019-2026
11. Middle East & Africa Higher Education Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Higher Education Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Higher Education Market Size and Volume Forecast by End Users
     11.4.1. State Universities
     11.4.2. Private Colleges
     11.4.3. Community Colleges
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Higher Education Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Higher Education Market: Market Share Analysis
  12.2. Higher Education Distributors and Customers
  12.3. Higher Education Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Panasonic Corporation
     12.4.2. Adobe Corporation
     12.4.3. Three River Systems
     12.4.4. Cisco Systems, Inc.
     12.4.5. Educomp Solutions
     12.4.6. Xerox Corporation
     12.4.7. Blackboard, Inc.
     12.4.8. Oracle Corporation
     12.4.9. Dell, Inc.
     12.4.10. IBM
     12.4.11. Smart Tec

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