Higher Education Market Identify Opportunities and Challenges Analysis 2025


Posted May 9, 2022 by madyjose

Higher Education Market size is expected to grow from USD 13.7 billion in 2020 to USD 35.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.1% during the forecast period
 
The global Higher Education Market size is expected to grow from USD 13.7 billion in 2020 to USD 35.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.1% during the forecast period. A growing number of higher education enrollments is a major driver for the growth of the market during the forecast period.

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The higher education market comprises major providers, such as Oracle (US), SAP (Germany), Dell Technologies (US), VMware (US), Xerox (US), ServiceNow (US), Unifyed (US), Ellucian (US), Hyland Software (US), Blackbaud (US), Cisco (US), Verizon (US), Blackboard (US), Civitas Learning (US), Remind (US), Instructure (US) and Anthology (US). The study includes an in-depth competitive analysis of key players in the higher education market with their company profiles, recent developments, COVID-19 developments, and key market strategies.

The players in this market have embraced different strategies to expand their global presence and increase their market shares. New product launches and enhancements; and partnerships, contracts, and collaborations, have been the most dominating strategies adopted by the major players from 2018 to 2020, which helped them strengthen their offerings and broaden their customer base.

Oracle (US) has a strong foothold in the higher education market with its robust offerings. Oracle Student Cloud solution includes different modules, such as Oracle Student Management, Oracle Student Financial Planning, Oracle Student Recruiting, Oracle Student Engagement, Student Support, and Practical Path. The company markets and sells its products and services through a network of direct and indirect sales channels to businesses of all sizes in various industries, such as consumer goods and retail, utilities, manufacturing, automotive, and transportation and logistics.

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SAP (Germany) is among the leaders in the higher education market with a prominent geographic presence. The company has alliances with many leading companies and has adopted various organic and inorganic growth strategies to maintain a strong foothold in the industry. For instance, in June 2020, SAP announced the availability of the student edition of SAP Learning Hub. The enhanced version was launched in partnership with the SAP University Alliances and the SAP Next-Gen programs. The enhanced SAP Learning Hub will help SAP in strengthening its collaboration with universities and research organizations.

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 22)
1.1 INTRODUCTION TO COVID-19
1.2 COVID-19 HEALTH ASSESSMENT
FIGURE 1 COVID-19: THE GLOBAL PROPAGATION
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES
1.3 COVID-19 ECONOMIC ASSESSMENT
FIGURE 3 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
1.3.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT
FIGURE 4 CRITERIA IMPACTING THE GLOBAL ECONOMY
FIGURE 5 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY
1.4 OBJECTIVES OF THE STUDY
1.5 MARKET DEFINITION
1.5.1 INCLUSIONS AND EXCLUSIONS
1.6 MARKET SCOPE
1.6.1 MARKET SEGMENTATION
1.6.2 REGIONS COVERED
1.6.3 YEARS CONSIDERED FOR THE STUDY
1.7 CURRENCY CONSIDERED
TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 2017–2019
1.8 STAKEHOLDERS
1.9 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 32)
2.1 RESEARCH DATA
FIGURE 6 HIGHER EDUCATION MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakup of primaries
FIGURE 7 BREAKUP OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
2.1.2.2 Key industry insights
2.2 DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
FIGURE 8 HIGHER EDUCATION MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES
2.3.1 TOP-DOWN APPROACH
FIGURE 9 MARKET SIZE ESTIMATION METHODOLOGY ̶ APPROACH 1 (TOP-DOWN): REVENUE OF VENDORS OFFERING HIGHER EDUCATION SOLUTIONS AND SERVICES
2.3.2 BOTTOM-UP APPROACH
FIGURE 10 MARKET SIZE ESTIMATION METHODOLOGY ̶ APPROACH 2 (BOTTOM-UP): REVENUE OF VENDORS FROM SOLUTIONS
2.4 COMPANY EVALUATION MATRIX
FIGURE 11 COMPANY EVALUATION MATRIX: CRITERIA WEIGHTAGE
2.5 RESEARCH ASSUMPTIONS
TABLE 2 ASSUMPTIONS FOR THE STUDY
2.5.1 SUPPLY SIDE
FIGURE 12 MARKET CAGR PROJECTIONS FROM SUPPLY SIDE
2.6 LIMITATIONS OF THE STUDY

3 EXECUTIVE SUMMARY (Page No. - 43)

FIGURE 13 CLOUD SEGMENT TO HOLD A HIGHER MARKET SHARE IN THE HIGHER EDUCATION MARKET IN 2020
FIGURE 14 NORTH AMERICA TO ACCOUNT FOR THE HIGHEST SHARE IN 2020
FIGURE 15 SOLUTIONS SEGMENT TO HOLD A HIGHER MARKET SHARE IN THE MARKET IN 2020

4 PREMIUM INSIGHTS (Page No. - 47)


4.1 ATTRACTIVE OPPORTUNITIES IN THE HIGHER EDUCATION MARKET
FIGURE 16 GROWING USE OF ADVANCED TECHNOLOGIES TO DRIVE THE GROWTH OF THE MARKET DURING THE FORECAST PERIOD
4.2 MARKET, BY COMPONENT, 2020 VS 2025
FIGURE 17 SOLUTIONS SEGMENT TO HOLD A HIGHER MARKET SHARE DURING THE FORECAST PERIOD
4.3 MARKET, BY VERTICAL, 2020 VS 2025
FIGURE 18 STATE UNIVERSITIES SEGMENT TO HOLD THE HIGHEST MARKET SHARE BY 2025
4.4 MARKET INVESTMENT SCENARIO, 2020–2025
FIGURE 19 ASIA PACIFIC TO EMERGE AS THE BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS

5 MARKET OVERVIEW (Page No. - 49)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 20 HIGHER EDUCATION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Growing number of higher education enrollments
FIGURE 21 HIGHER EDUCATION ENROLMENTS
5.2.1.2 Growing use of advanced technologies
5.2.1.3 Collaborations between enterprises and institutions
5.2.2 RESTRAINTS
5.2.2.1 Data privacy concerns
FIGURE 22 DATA BREACHES IN EDUCATION SECTOR
5.2.3 OPPORTUNITIES
5.2.3.1 Growing international student mobility
5.2.3.2 Increasing government initiatives and funding
FIGURE 23 EDUCATION SPENDING AS PERCENTAGE OF THE GROSS DOMESTIC PRODUCT, UNITED STATES 2011-2020
5.2.4 CHALLENGES
5.2.4.1 Technological readiness among faculties
5.3 INDUSTRY TRENDS
5.3.1 CASE STUDY ANALYSIS
5.3.1.1 Case study 1: Public University
5.3.1.2 Case study 2: Private University
5.4 AVERAGE SELLING PRICE: HIGHER EDUCATION MARKET
5.5 VALUE CHAIN ANALYSIS
FIGURE 24 MARKET: VALUE CHAIN ANALYSIS
5.6 TECHNOLOGY ANALYSIS
5.7 COVID-19 IMPACT: MARKET
5.7.1 ASSUMPTIONS: COVID-19 IMPACT ON MARKET
5.7.2 OPERATIONAL DRIVERS: MARKET
5.7.3 CUMULATIVE GROWTH ANALYSIS
TABLE 3 MARKET: CUMULATIVE GROWTH ANALYSIS



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Tags higher education , higher education market , higher education market size
Last Updated May 9, 2022