Thus, this unprecedented growth in the demand for education technologies during the present crisis fuels the growth of this market. Each segment has been studied based on factors such as market share, market size, CAGR, demand, and growth potential. I appreciate the timeliness and responsiveness of you and your team., (applicable to 1 report only for the same license type), The global higher education technology market is projected to grow from $85.43 billion in 2021 to $169.72 billion in 2028 at a CAGR of 10.3% in forecast period, 2020 Fortune Business Insights . The size of this market is expected to increase to USD 63,754.95 million by the year 2028, while growing at a Compounded Annual Growth Rate (CAGR) of 21.2%. Education Technology Market Size, Share & Trends Analysis Report, By Sector (Preschool, K-12, Higher Education), By End-user (Business, Consumer), By Type, By Deployment, By Region, And Segment Forecasts, 2022 - 2030 Report ID: GVR-4-68038-878-7 Number of Pages: 117 Format: Electronic (PDF) Historical Range: 2017 - 2020 Industry: Technology According to data published by the Organization for Economic. This helps in exploring the market from different dimensions. Influencing factors that thriving demand and latest trend running in the market.. Increasing Proliferation of Online Teaching to Aid Market Growth. Governments of several countries in North America have adopted assessment technologies. How we got to the highest inflation in 40 years. According to the UNESCO Institute of Statistics data, it was reported that lower-middle-income countries surpassed high-income countries in tertiary enrolment. For instance, a report published in April 2019 by the Government of the UK, stated that each year, schools in England spend about USD 13 billion on non-staff expenses, and out of these, USD 608 million is spent on learning hardware equipment. Corporate License. Which region is expected to hold the highest market share? Packaged software market: Industry Analysis and forecast 2027: By Application, Deployment Type, End-Users, and Region. The publisher has been monitoring the higher education market and it is poised to grow by $45.11 bn during 2021-2025, progressing at a CAGR of 13.84% during the forecast period. Hence, the weak assessment mechanism of online tests negatively affects the growth of the global higher education learning and assessment market. Global Gigabit Network Access Control Systems Market -Forecast and Analysis (2020-2027), by Component, Deployment, Industry Vertical, Organization Size, and by Region. https://www.businessgrowthreports.com/enquiry/request-sample/21959383, https://www.businessgrowthreports.com/enquiry/pre-order-enquiry/21959383, https:/www.businessgrowthreports.com/enquiry/request-covid19/21959383, https:/www.businessgrowthreports.com/purchase/21959383, https://www.businessgrowthreports.com/TOC/21959383, Higher Education Market Size, Share 2023 Movements by Trend Analysis, Growth Status, Revenue Expectation to 2028. There has been a distinct increase in online learning both on a national and global scale. Among these, the higher education segment will be the fastest-growing and also contribute towards this market growth more than any other segment. The data offered to us was exactly what we were looking for. The Global Higher Education Market size is expected to grow at an annual average of 20.3% during 2021-2027. PR Newswire New York. Advancement in the technology has provided todays businesses with multifaceted advantages resulting in daily economic shifts. According to the latest report by IMARC Group, titled "Higher Education Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the global higher education market.The report also includes competitor and regional analysis, and contemporary advancements in the global market. As per the World Economic Forum (WEF) report of April 2019, the global Ed-tech investments have reached USD 18.66 billion in 2019. The higher education market has emerged over the past 20 years and is now growing rapidly. The global higher education technology market research report highlights leading regions across the world to offer a better understanding of the user. Higher Education Practice contacts and contributors Get in touch Roy Mathew National Practice Leader | Higher Education rmathew@deloitte.com +1 408 704 4527 Roy is a principal with Deloitte Consulting LLP and leads the Higher Education Consulting practice. Global Higher Education Testing and Assessment Market -Parent Market Analysis. All rights reserved. I sold my late mothers home for $250,000. 'Standing up for the American worker" has long been a slogan synonymous with bigger government in Washington. This enables the report's purchaser to get a thorough picture of the competitive landscape and develop market strategies accordingly. Free report customization (equivalent up to 4 analysts working days) with purchase. North America is expected to hold the highest market share. This is a very good piece of work and will be very helpful to us going forward. How big will the Higher Education market and growth rate in upcoming years? Technavio is a leading global technology research and advisory company. The leftover data is properly validated and its authenticity (of source) is checked before using it further. Besides, partnerships and collaborations with educational institutes help vendors to expand their business portfolios. The major players are Massachusetts Institute of Technology(MIT), University of Oxford, University of Cambridge, Stanford University, Harvard University, California Institute of Technology (Caltech), Imperial College London, & Others. Visit a quote page and your recently viewed tickers will be displayed here. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. In case of anyQueries or Customization Requirementsplease connect with our sales team, who will ensure that your requirements are met. The Global Higher Education Testing and Assessment Market as per product segmentation is categorized into Academic and Non-Academic. Exhibit 1 - 2021 Higher Education Applications Market Shares Split By Top 10 Higher Education Vendors and Others Through our forecast period, the Higher Education applications market size is expected to reach $7.8 billion by 2026, compared with $6.8 billion in 2021 at a compound annual growth rate of 4.2%. Even while the higher education demand is on the rise, higher education institutions face a constant situation of limited budgets. Competitive landscape and component benchmarking, Market revenue estimates and forecast up to 2027, Market revenue estimates and forecasts up to 2027, by technology, Market revenue estimates and forecasts up to 2027, by application, Market revenue estimates and forecasts up to 2027, by type, Market revenue estimates and forecasts up to 2027, by component, Regional market revenue forecasts, by technology, Regional market revenue forecasts, by application, Regional market revenue forecasts, by type, Regional market revenue forecasts, by component, Impact on each country and various region, Positive and negative scenarios of the market during the ongoing pandemic, Impact on various sectors facing the greatest drawbacks are manufacturing, transportation and logistics, and retail and consumer goods. According to the All-India Survey on Higher Education (AISHE) conducted by the HRD Ministry, in September 2019, total higher educational institutions in India have grown from 49,964 to 51,649 universities from 903 to 993 during 2017-2019. What are the top players operating in the Higher Education Market? China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst-affected countries in terms of positive cases and reported deaths, as of March 2020. They can also use the online reporting software to understand the different key performance indicators. To Know How COVID-19 Pandemic Will Impact Higher Education Market/Industry- Request a sample copy of the report-https:/www.businessgrowthreports.com/enquiry/request-covid19/21959383 Regional Segmentation Higher Education market report provides key insights regarding various regions and the key players operating in each region. The solutions segment is further classified into student information systems, learning management systems, student response systems, campus management, performance management, and others. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. The market is projected to grow at a CAGR of 10.3%. The report analyses the Cloud-based Content Management . All of this is fed to the research model which then churns out the relevant data for market study. Further, it helps us in delivering the evidence related to market growth rates. Egypt Higher Education Market size was valued at USD 2,107.46 Million in 2020 and is projected to reach USD 4,943.18 Million by 2028, growing at a CAGR of 11.74% from 2021 to 2028. Higher Education market report provides key insights regarding various regions and the key players operating in each region. The growth rate of the Global Higher Education Market is 10.3%, with an estimated value of US $ 169.72 Billion million by 2028. At what CAGR the higher education technology market projected to grow in the forecast period (2021-2028)? The report tracks the latest trends in the industry and studies their impact . Major Trends Influencing the Growth of the Market. Some of the universities are seeking help from tech giants by joining hands or partnering with them. The global higher education technology market size was USD 77.66 billion in 2020. As per the Understanding Middle East Education report of 2018, Egypt enrolled 2.4 million students in 2016. "Higher Education Market" Global Research. We largely focus on the following parameters for forecasting about the market under lens: We assign different weights to the above parameters. Contact the source provider Comtex at editorial@comtex.com. The research's goal is to provide market data and strategic insights to help decision-makers make educate. The availability of high-speed internet, increasing usage of personal computing devices, and governments initiative towards digital learning are the key factors responsible for driving the popularity of online learning platforms. $ 4750. $ 8750. Verifying the collected data in terms of accuracy and reliability. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. Different members of the markets value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@technavio.comWebsite: www.technavio.com/, View original content to download multimedia:https://www.prnewswire.com/news-releases/higher-education-testing-and-assessment-market-size-to-grow-by-usd-6481-55-million-from-2022-to-2027--assessment-on-parent-market-five-forces-analysis-market-dynamics--segmentation---technavio-301682446.html, Global Higher Education Testing and Assessment Market, online photography education market in the higher education market, online higher education market share in the US, https://www.prnewswire.com/news-releases/higher-education-testing-and-assessment-market-size-to-grow-by-usd-6481-55-million-from-2022-to-2027--assessment-on-parent-market-five-forces-analysis-market-dynamics--segmentation---technavio-301682446.html, Soccer-Keeper Roebuck secures valuable point for City in Manchester derby, Analysis-European food delivery shapes up with Getir's Gorillas buy, Feds Message That Rates Will Stay on Hold for Some Time Clashes With 2023 Rate-Cut Bets, Investors eye Portuguese golden visas as authorities ponder programme's end, One of the most frequently cited risks to stocks in 2023 is 'overstated'. In 2022, Na'amal re-partnered with the academic powerhouse Massachusetts Also, the 24*7 chat support & direct call services are provided to procure the sample report. It further highlights some of the growth-stimulating factors and restraints, helping the reader gain in-depth knowledge about the market. Size of Chinese education industry would double The ecosystem of Chinese education, of which main sectors are private education, studying abroad, trainings and online education, generally boasts a booming trend. The global market size, share along with drivers and restraints are covered in the higher education market report It looks quite comprehensive and the data is exactly what I was looking for. Register for a free trial today and gain instant access to 17,000+ market research reports. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period. The overall market breaks down due to COVID-19 is also affecting the growth of the bacon market due to shutting down of factories, obstacle in supply chain, and downturn in world economy. In January 2020, the United Arab Emirates-based Khawarizmi International College deployed an open-source LMS system to enhance its educational landscape. The report on the higher education market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis . Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. Our experts deliver the best research reports that have revenue generating recommendations. What was the value of the global higher education technology market in 2020? Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts. Higher education institutions have three functions. Gaslighters have two signature moves: Are you being gaslighted at work? Cloud Computing in Higher Education Market Size, Share, Key News and Top Companies Overview 2022-2030; Adaptive Learning Software Market 2022 Size, Industry Analysis, Size, Share, Growth, Trends and Forecast by 2030; Internet Advertising Market Analysis, Investment Feasibility & Industry Trends and Forecast 2022 to 2027 Higher Education Market: Global Industry Analysis and Forecast (2022-2029). Dec 06, 2022 (The Expresswire) -- "Final Report will add the analysis of the impact of COVID-19 on this industry." "Higher Education Market . The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls. Based on the learning mode, the market is segmented into offline learning and online learning. TheGlobal Higher Education Testing and Assessment Marketas per geography is categorized into North America, Europe, APAC, South America, and the Middle East and Africa. The online education market in India is expected to grow by US$ 2.28 billion during 2021-2025, growing at a CAGR of almost 20%. The global impact of COVID-19 has been unprecedented and staggering, with higher education witnessing a negative impact on demand across all regions amid the pandemic. Which is the leading component segment in the market? Nearly all countries have imposed lockdowns and strict social distancing measures. This dominance has been attributed to the significant spending on the education sector in the region. The size of Chinese education market is expected to grow from 1.6 trillion yuan in 2015 to 2.9 trillion yuan by 2020. Get a Sample PDF of Report -https://www.businessgrowthreports.com/enquiry/request-sample/21959383, List of TOP KEY PLAYERS in Higher Education Market Report are: - Adobe Systems Apple Blackboard D2L SMART Technologies, Global Higher Education Market Growth report serves to be an ideal solution for better understanding of the Market. Based on our analysis, the global market exhibited a significant growth of 9.9% in 2020 as compared to the average year-on-year growth during 2017-2019. Traditional education learning systems approaches have suddenly shifted to virtual, distance, and blended learning systems through remote learning platforms. State Universities This way, we are empowered to quantify their impact on the markets momentum. We appoint data triangulation strategies to explore different areas of the market. Global Higher Education Market: Segmentation In the year 2021, the Global Higher Education Market was valued at USD 16,595.70 million. The major players in the market are Massachusetts Institute of Technology(MIT), University of Oxford, University of Cambridge, Stanford University, Harvard University, California Institute of Technology (Caltech), Imperial College London, University of Chicago, University College London (UCL), ETH Zurich (Eidgenssische Technische Hochschule Zrich), University of Leeds, University of Edinburgh, Universit degli Studi di Padova, University of Barcelona, and University of Manchester, and Others. Within the higher education market, there is an increasing competition between public and private higher educational institutions to emphasize on students and faculty from across the world along with participation of international universities and business partners for research, associations and funds. Global Higher Education Market - Historical, Forecast Market Sizes (Us$ Mn), By Component, 2019-2027 The Component: COVID-19 Impact segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The readers will also get their hands on the revenue and sales data of each region and country for the period 2017-2028. in 2021 and the total revenue is expected to grow at 19.4 % through 2022 to 2029, reaching nearly US$ 73.98 Bn. Progressive approaches towards online training and learning support the demand for other systems such as advanced higher education technology. Analysts carry out extensive research using both top-down and bottom up methods. This factor is likely to affect the number of enrollments and, thus, restrain the growth of the market for higher education technology. Education has become a vital element for Asian countries to support economic and sociological development. The trend of distance learning across North American countries has significantly accelerated online teaching-learning approaches. New Jersey, United States - The report offers an all-inclusive and accurate research study on the Global Higher Education Market while chiefly focusing on current and historical market scenarios. Global Higher Education Testing and Assessment Market -Segmentation Assessment. All the research models are customized to the prerequisites shared by the global clients. I make $80,000 and have $220,000 in student debt. Similarly, the increasing adoption of software tools is anticipated to drive the demand for training and consulting services during the forecast period. Apart from education, these institutions are engaged in research and contributing to society. The United States, France, India, and China are the major investors in Ed-tech. On the basis of Mode, the Global Higher Education Market has been segmented into Offline Education, and Online Education. Many countries are facing incapability in adopting advanced learning solutions owing to the lesser availability of dedicated funds. The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers . The research makes a higher level of education possible and education, in turn, develops the human resources to do research. The report offers assessment and analysis of the U.S. Education Market on a global and regional level. North America (USA, Canada, Mexico) Europe (Germany, UK, France, Russia, Italy, Rest of Europe) Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific) South America (Brazil, Argentina, Columbia, Rest of South America) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)Global Higher Education Market report answers the following questions: What are the main drivers of the global Higher Education market? Our research shows that outperformers seek growth in every dimension which is core expansion, geographic, up and down the value chain, and in adjacent spaces. Thus, several universities, colleges, and institutes have started generating revenues from students' tuition fees rather than government funding. These insights are included in the report as a major market contributor. Global Education Technology Market to Reach $404B by 2025 Within the context of a downgrade for total global expenditure, HolonIQ's updated global market size for EdTech is a $63B upgrade to our pre-COVID estimates. For understanding the entire market landscape, we need to get details about the past and ongoing trends also. Hybrid learning is now acquiring greater attention due to the time and places flexibility offered by it. "Smart Strategies, Giving Speed to your Growth Trajectory", Region : Global | Format: PDF | Report ID: FBI104503. This piece focuses on the not-for-profit and public institutions that grant a bachelor's degree or higher. By continuing to visit this site you agree to our use of cookies: Internet, Communication, Software & Services, https://www.verifiedmarketresearch.com/download-sample/?rid=2374, https://www.verifiedmarketresearch.com/ask-for-discount/?rid=2374. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites. The global higher education market is expected to exhibit a CAGR of 20.37% during 2022-2027. Higher Education Market . Public colleges and universities are higher education institutions that get most of their funding from state governments. These major players operating in this Market are in strong competition in terms of technology, innovation, product development, and product pricing. There are four main components to higher education institution revenues in the United States. Education Apps Market Size to Grow by USD 124782.56 Million From 2022 to 2027, Assessment on Parent . The use of formative assessments improves the performance of students as well as the interaction between students and faculty. This report also studies global Higher Education market conditions, competitive conditions, market share, growth rates, future trends, market momentum, opportunities and challenges, sales channels and distributors. Significant investments in educational technologies are fueling market growth across the United States. Stakeholders, market players, investors, and other market participants can significantly benefit from the thorough market analysis provided in the report. Every country in the world has a very extensive offline higher education system. Online learning has started to gain much pace in the higher education sector. State (Public) Institutions Private (Non-public) Institutions. Progressive prospects towards advanced learning approaches are expected to drive market growth across Europe. The Global Higher Education Market is segmented based on Course, Mode, Institution, and Geography. Maximize Market Research provides B2B and B2C research on 6,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. The research report provides analysis based on Higher Education market segments including product types, end users, applications, and geography. The potential for the customer landscape will be available with Technavio Reports Buy Now! This is attributable to increased demand for projectors, interactive whiteboards, printers, PCs, laptops, tablets, smartphones, and other personal computing devices, that have become essential components of modern educational systems. To know how our report can help streamline your business, Speak to Analyst, Growing Private Educational Institute to Fuel the Demand for Advanced Learning Software. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. Packaging, Construction, Mining & Gases Industry, Banking Financial Services & Insurance Industry, Internet, Communication, Software & Services industry, Competitor companys business reports and newsletters, Market drivers and restraints, along with their current and expected impact, Raw material scenario and supply v/s price trends, Regulatory scenario and expected developments, Current capacity and expected capacity additions up to 2027, Network participants such as distributors. The evolving role of educational technologies is a trend in the market. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. China is the global manufacturing hub, with the presence of and the largest raw material suppliers. 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