NEW YORK, July 8, 2022 /PRNewswire/ -- One of the key factors driving the Higher Education Market growth is the advent of changes in educational content delivery methods. There has been the utilization of various established technologies, including hybrid or collaborative learning platforms, for higher education globally. The increase in the investment by colleges and universities in hardware and software has led to the implementation of new technologies for education. There is an emergence of new forms of content delivery methods that involve new technologies such as gamification-supported flipped classrooms and active learning. These new methods can help enhance student engagement and make the learning process student-centric. There has been a growing interest in the area of gamification for educational purposes. The gamification-supported flipped classroom is becoming increasingly popular among universities globally. In flipped classrooms, students can watch videos and online lectures outside the classroom. This helps in remodeling lengthy lecture sessions into active learning, thereby utilizing the valuable class time of students to solve problems and apply concepts. These factors are likely to stimulate the growth of the global higher education market during the forecast period.
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The Higher Education Market value is set to grow by USD 37.82 billion, progressing at a CAGR of 12.43% from 2019 to 2024, as per the latest report by Technavio.
The market is segmented by Product (hardware and software). The higher education market share growth by the hardware will be significant during the forecast period. The higher education hardware segment includes educational, personal computers (PCs), interactive displays, classroom wearables, sound systems, projectors, and lecture capture solutions. There is immense growth in the adoption of educational PCs such as desktops and laptops, owing to the high percentage of the student population in the higher education sector.
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The market is segmented by Geography (North America, Europe, APAC, and South America). 38% of the market's growth will originate from North America during the forecast period. The US is the key market for higher education in North America. Market growth in this region will be faster than the growth of the market in MEA regions. The growing need for effective and quality education in the developed economies will facilitate the higher education market growth in North America over the forecast period.
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- Adobe Inc.
- Apple Inc.
- Blackboard Inc.
- Dell Inc.
- D2L Corp.
- Discovery Inc.
- Ellucian Co. LP
- Instructure Inc.
- Pearson plc
- Samsung Electronics Co. Ltd.
The higher education market is fragmented, and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market.
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Alternative Credentials Market for Higher Education by Product and Geography - Forecast and Analysis 2021-2025: The alternative credentials market share for higher education is expected to increase by USD 1.40 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 17%. The market share growth for higher education by the non-credit training courses segment will be significant during the forecast period. Find More Research Insights Here
Higher Education Testing and Assessment Market by Product and Geography - Forecast and Analysis 2021-2025: The higher education testing and assessment market share is expected to increase by USD 5.13 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 5.55%. With the outbreak of COVID-19, education officials were forced to cancel classroom learning. Universities across the US have adjusted their programs in response to the spread of COVID-19. The shift from classrooms to virtual platforms propelled the market growth. Find More Research Insights Here
Higher Education Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2019 |
Forecast period |
2020-2024 |
Growth momentum & CAGR |
Accelerate at a CAGR of 12.43% |
Market growth 2020-2024 |
$ 37.82 billion |
Market structure |
Fragmented |
YoY growth (%) |
11.96 |
Regional analysis |
North America, Europe, APAC, and South America |
Performing market contribution |
North America at 38% |
Key consumer countries |
US, UK, Germany, China, and India |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Adobe Inc., Apple Inc., Blackboard Inc., Dell Inc., D2L Corp., Discovery Inc., Ellucian Co. LP, Instructure Inc., Pearson plc, and Samsung Electronics Co. Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis: Education services
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.3 Market size 2020
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ billion)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
- 4.1 Five forces analysis 2020 & 2025
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 15: Product - Market share 2020-2025 (%)
- 5.2 Comparison by Product
- Exhibit 16: Comparison by Product
- 5.3 Software - Market size and forecast 2020-2025
- Exhibit 17: Software - Market size and forecast 2020-2025 ($ billion)
- Exhibit 18: Software - Year-over-year growth 2020-2025 (%)
- 5.4 Hardware - Market size and forecast 2020-2025
- Exhibit 19: Hardware - Market size and forecast 2020-2025 ($ billion)
- Exhibit 20: Hardware - Year-over-year growth 2020-2025 (%)
- 5.5 Market opportunity by Product
- Exhibit 21: Market opportunity by Product
6 Customer landscape
- 6.1 Customer landscape
- Exhibit 22: Customer landscape
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 23: Market share by geography 2020-2025 (%)
- 7.2 Geographic comparison
- Exhibit 24: Geographic comparison
- 7.3 North America - Market size and forecast 2020-2025
- Exhibit 25: North America - Market size and forecast 2020-2025 ($ billion)
- Exhibit 26: North America - Year-over-year growth 2020-2025 (%)
- 7.4 Europe - Market size and forecast 2020-2025
- Exhibit 27: Europe - Market size and forecast 2020-2025 ($ billion)
- Exhibit 28: Europe - Year-over-year growth 2020-2025 (%)
- 7.5 APAC - Market size and forecast 2020-2025
- Exhibit 29: APAC - Market size and forecast 2020-2025 ($ billion)
- Exhibit 30: APAC - Year-over-year growth 2020-2025 (%)
- 7.6 South America - Market size and forecast 2020-2025
- Exhibit 31: South America - Market size and forecast 2020-2025 ($ billion)
- Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
- 7.7 MEA - Market size and forecast 2020-2025
- Exhibit 33: MEA - Market size and forecast 2020-2025 ($ billion)
- Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
- 7.8 Key leading countries
- Exhibit 35: Key leading countries
- 7.9 Market opportunity by geography
- Exhibit 36: Market opportunity by geography ($ billion)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- Exhibit 37: Impact of drivers and challenges
- 8.3 Market trends
9 Vendor Landscape
- 9.1 Overview
- Exhibit 38: Vendor landscape
- 9.2 Landscape disruption
- Exhibit 39: Landscape disruption
- Exhibit 40: Industry risks
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 41: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 42: Market positioning of vendors
- 10.3 Adobe Inc.
- Exhibit 43: Adobe Inc. - Overview
- Exhibit 44: Adobe Inc. - Business segments
- Exhibit 45: Adobe Inc. - Key news
- Exhibit 46: Adobe Inc. - Key offerings
- Exhibit 47: Adobe Inc. - Segment focus
- 10.4 Advance
- Exhibit 48: Advance - Overview
- Exhibit 49: Advance - Product and service
- Exhibit 50: ?Advance - Key news
- Exhibit 51: Advance - Key offerings
- 10.5 Apple Inc.
- Exhibit 52: Apple Inc. - Overview
- Exhibit 53: Apple Inc. - Business segments
- Exhibit 54: ?Apple Inc. - Key news
- Exhibit 55: Apple Inc. - Key offerings
- Exhibit 56: Apple Inc. - Segment focus
- 10.6 Blackboard Inc.
- Exhibit 57: Blackboard Inc. - Overview
- Exhibit 58: Blackboard Inc. - Product and service
- Exhibit 59: Blackboard Inc. - Key news
- Exhibit 60: Blackboard Inc. - Key offerings
- 10.7 D2L Corp.
- Exhibit 61: D2L Corp. - Overview
- Exhibit 62: D2L Corp. - Product and service
- Exhibit 63: ?D2L Corp. - Key news
- Exhibit 64: D2L Corp. - Key offerings
- 10.8 Dell Technologies Inc.
- 10.9 Ellucian Co. LP
- Exhibit 70: Ellucian Co. LP - Overview
- Exhibit 71: Ellucian Co. LP - Product and service
- Exhibit 72: Ellucian Co. LP - Key offerings
- 10.10 Instructure Inc.
- Exhibit 73: Instructure Inc. - Overview
- Exhibit 74: Instructure Inc. - Product and service
- Exhibit 75: Instructure Inc. - Key news
- Exhibit 76: Instructure Inc. - Key offerings
- 10.11 Pearson Plc
- Exhibit 77: Pearson Plc - Overview
- Exhibit 78: Pearson Plc - Business segments
- Exhibit 79: Pearson Plc - Key offerings
- Exhibit 80: Pearson Plc - Segment focus
- 10.12 Samsung Electronics Co. Ltd.
- Exhibit 81: Samsung Electronics Co. Ltd. - Overview
- Exhibit 82: Samsung Electronics Co. Ltd. - Business segments
- Exhibit 83: Samsung Electronics Co. Ltd. - Key news
- Exhibit 84: Samsung Electronics Co. Ltd. - Key offerings
- Exhibit 85: Samsung Electronics Co. Ltd. - Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Currency conversion rates for US$
- Exhibit 86: Currency conversion rates for US$
- 11.3 Research methodology
- Exhibit 87: Research Methodology
- Exhibit 88: Validation techniques employed for market sizing
- Exhibit 89: Information sources
- 11.4 List of abbreviations
- Exhibit 90: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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