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Higher Education Market - Global Industry Analysis

Higher Education Market - By Component (Hardware, Solutions, and Services), By Learning Mode (Offline Learning and Online Learning), By End-User (Private Colleges, Community Colleges, and State Universities), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Published Date: 11-Oct-2021 Category: Technology & Media Report Format : PDF Pages: 178 Report Code: ZMR-1680 Status : Published

The global Higher Education Market accrued earnings worth approximately 78.1(USD Billion) in 2020 and is predicted to gain revenue of about 170.2 (USD Billion) by 2028, is set to record a CAGR of nearly 10.4% over the period from 2021 to 2028.

Description

The global Higher Education Market accrued earnings worth approximately 78.1(USD Billion) in 2020 and is predicted to gain revenue of about 170.2 (USD Billion) by 2028, is set to record a CAGR of nearly 10.4% over the period from 2021 to 2028. The report offers assessment and analysis of the Higher Education Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

Higher Education Market: Overview

Higher education is a major means of fulfilling professional & financial objectives. It is also termed as a natural phase in life cycle of humans. Moreover, higher education contributes sizably towards self-determination and helps in building a positive self-image of an individual. In some of the countries, post-secondary education holds a key of gaining employment for an individual in small-scale & medium-scale businesses, thereby resulting in good quality of life as well as producing out new growth opportunities for an individual in professional career. Reportedly, there is a sharp increase in students with disabilities enrolling in two & four year post-secondary institutes and this is a result of legal provisions & enacting of legislations related to bringing of equality in education for disabled persons. For the record, in section 504 of Rehabilitation Act 1973, the U.S. government has directed postsecondary institutes to offer disabled students with equal educational opportunities & facilities along with educational support amenities.   

Higher Education Market: Growth Factors

Rise in number of higher education enrollments in countries such as the U.S., UK, Australia, and Germany and surge in educational trips of undergraduate students to countries such as France, Sweden, Belgium, and Italy has played a major role in influencing growth of higher education market. Apart from this, upsurge in international student mobility as well as favorable government schemes such as offering of government scholarships to deserving students in countries such as India for studying abroad will enhance growth of higher education market across globe in upcoming years. Upswing witnessed in offering of online learning degree programs by various regional as well as foreign educational institutes has facilitated student enrollment in these programs, thereby enlarging scope of market expansion. Citing an instance, MIT of the U.S. offers courses in development economies in online mode through online learning tool edX. Reputed universities across globe such as IIT, Stanford, and Harvard are also offering various kinds of certificate or diploma courses in data science, business analytics, data analytics AI, big data, machine learning, deep learning, and marketing analytics at affordable costs. Apparently, few of foreign educational institutions offer MBA degree programs in online mode to students at reasonable tuition fees.  

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Apparently, COVID-19 pandemic has helped in bringing revolution in educational space and facilitated online mode of learning. This has not only assisted online education gain massive significance across globe but has triggered humungous growth in higher education market globally.

Regional Landscape

North America To Make Notable Contributions Towards Regional Market Size By 2028

Growth of higher education market in North America over forecast timespan can be credited to renowned educational institutions in U.S. and Canada being first choice for both undergraduate & graduating engineering students from Asia. Apart from this, students are also enrolling in online degree programs in AI and data science offered by educational institutes based in U.S. Apart from this, reputed U.S. universities are also offering MBA programs as well as other educational programs in various disciplines of social sciences such as journalism, economics, and psychology. Immense presence of reputed universities offering online and offline mode of education in countries such as Canada and the U.S. will provide impetus to higher education market growth in sub-continent.

Competitive Landscape

Key players influencing market growth and profiled in report include VMware, Inc., Oracle Corporation, Dell Inc., Unifyed, Astera Software, ServiceNow, Inc., CDW LLC, Cisco Systems, Inc., Blackboard Inc., and Verizon.

The global Higher Education Market is segmented as follows:

By Component

  • Hardware
  • Services
  • Solutions

By End-User

  • Private Colleges
  • Community Colleges
  • State Universities

By Learning Mode

  • Offline Learning
  • Online Learning

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodulogy
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodulogy
  • Chapter 2. Executive Summary
    • 2.1. Higher Education Market, 2018–2028(USD Billion)
    • 2.2. Higher Education Market: Snapshot
  • Chapter 3. Global Higher Education Market– Industry Analysis
    • 3.1. Higher Education Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Inflation witnessed in international student mobility as well as supportive government initiatives such as offering of government schularships to deserving students in countries such as India for studying abroad will pruliferate expansion of higher education market across globe in upcoming years.
      • 3.2.2. Increase in online learning degree programs offered by various regional as well as foreign educational institutions in recent years has encouraged student enrullment in these online education programs, thereby driving market trends.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Component
      • 3.4.2. Market attractiveness analysis By Learning Mode
      • 3.4.3. Market attractiveness analysis By End-User
  • Chapter 4. Global Higher Education Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Higher Education Market: company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Service launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Higher Education Market– Component Analysis
    • 5.1. Global Higher Education Market overview: By Component
      • 5.1.1. Global Higher Education Market share, By Component, 2020 and 2028
    • 5.2. Hardware
      • 5.2.1. Global Higher Education Marketby Hardware, 2018–2028(USD Billion)
    • 5.3. Services
      • 5.3.1. Global Higher Education Marketby Services, 2018–2028(USD Billion)
    • 5.4. Sulutions
      • 5.4.1. Global Higher Education Marketby Sulutions, 2018–2028(USD Billion)
  • Chapter 6. Global Higher Education Market– Learning Mode Analysis
    • 6.1. Global Higher Education Marketoverview: By Learning Mode
      • 6.1.1. Global Higher Education Marketshare, By Learning Mode, 2020 and 2028
    • 6.2. Offline Learning
      • 6.2.1. Global Higher Education Marketby Offline Learning , 2018–2028(USD Billion)
    • 6.3. Online Learning
      • 6.3.1. Global Higher Education Marketby Online Learning, 2018–2028(USD Billion)
  • Chapter 7. Global Higher Education Marketoverview: By End-User
    • 7.1.1. Global Higher Education Marketshare, By End-User , 2020 and 2028
    • 7.2. Private Culleges
      • 7.2.1. Global Higher Education Marketby Private Culleges, 2018–2028(USD Billion)
    • 7.3. Community Culleges
      • 7.3.1. Global Higher Education Marketby Community Culleges, 2018–2028(USD Billion)
    • 7.4. State Universities
      • 7.4.1. Global Higher Education Marketby State Universities, 2018–2028(USD Billion)
  • Chapter 8. Company Profiles
    • 8.1. VMware, Inc.
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Service Portfulio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. Oracle Corporation
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Service Portfulio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. Dell Inc.
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Service Portfulio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Development
    • 8.4. Unifyed
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Service Portfulio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Development
    • 8.5. Astera Software
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Service Portfulio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Development
    • 8.6. ServiceNow, Inc.
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Service Portfulio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Development
    • 8.7. CDW LLC
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Service Portfulio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Development
    • 8.8. Cisco Systems, Inc.
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Service Portfulio
      • 8.8.4. Business Strategy
      • 8.8.5. Recent Development
    • 8.9. Blackboard Inc.
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Service Portfulio
      • 8.9.4. Business Strategy
      • 8.9.5. Recent Development
    • 8.10. Verizon
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Service Portfulio
      • 8.10.4. Business Strategy
      • 8.10.5. Recent Development

List of Figures

1. Market research Type
2. Market research methodology
3. Global Higher Education Market, 2018–2028(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Higher Education Marketattractiveness, By Component
6. Global Higher Education Marketattractiveness, By Learning Mode
7. Global Higher Education Marketattractiveness, By End-User
8. Global Higher Education Marketshare by Component ,2020 and 2028 (USD Billion)
9. Global Higher Education Marketby Hardware, 2018–2028(USD Billion)
10. Global Higher Education Marketby Services, 2018–2028(USD Billion)
11. Global Higher Education Marketby Solutions, 2018–2028(USD Billion)
12. Global Higher Education Marketshare by Learning Mode,2020 and 2028 (USD Billion)
13. Global Higher Education Marketby Offline Learning,  2018–2028(USD Billion)
14. Global Higher Education Marketby Online Learning, , 2018–2028(USD Billion)
15. Global Higher Education Marketshare by End-User ,2020 and 2028 (USD Billion)
16. Global Higher Education Marketby Private Colleges, 2018–2028(USD Billion)
17. Global Higher Education Marketby Community Colleges, 2018–2028(USD Billion)
18. Global Higher Education Marketby State Universities, 2018–2028(USD Billion)
19. Global Higher Education Marketshare, by Region, 2020 and 2028
20. North America Higher Education Market, 2018–2028(USD Billion)
21. Europe Higher Education Market, 2018–2028(USD Billion)
22. Asia Pacific Higher Education Market, 2018–2028(USD Billion)
23. Latin America Higher Education Market, 2018–2028(USD Billion)
24. The Middle East and Africa Higher Education Market, 2018–2028(USD Billion)
 


List of Tables

1. Global Higher Education Market: snapshot
2. Drivers of the Higher Education Market: impact analysis
3. North America Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
4. North America Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
5. North America Higher Education Market revenue, By End-User ,2018–2028(USD Billion)
6. The U.S. Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
7. The U.S. Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
8. The U.S. Higher Education Market revenue, By End-User ,2018–2028(USD Billion)
9. Rest of North America Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
10. Rest of North America Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
11. Rest of North America Higher Education Market revenue, By End-User ,2018–2028(USD Billion)
12. Europe Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
13. Europe Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
14. Europe Higher Education Market revenue, By End-User ,2018–2028(USD Billion)
15. UK Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
16. UK Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
17. UK Higher Education Market revenue, By End-User ,2018–2028(USD Billion)
18. France Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
19. France Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
20. France Higher Education Market revenue, By End-User ,2018–2028(USD Billion)
21. Germany Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
22. Germany Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
23. Germany Higher Education Market revenue, By End-User ,2018–2028(USD Billion)
24. Rest of Europe Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
25. Rest of Europe Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
26. Rest of Europe Higher Education Market revenue, By End-User ,2018–2028(USD Billion)
27. Asia Pacific Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
28. Asia Pacific Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
29. Asia Pacific Higher Education Market revenue, By End-User ,2018–2028(USD Billion)
30. China Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
31. China Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
32. China Higher Education Market revenue, By End-User ,2018–2028(USD Billion)
33. Japan Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
34. Japan Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
35. Japan Higher Education Market revenue, By End-User ,2018–2028(USD Billion)
36. India Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
37. India Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
38. India Higher Education Market revenue, By End-User ,2018–2028(USD Billion)
39. Rest of Asia Pacific Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
40. Rest of Asia Pacific Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
41. Rest of Asia Pacific Higher Education Market revenue, By End-User ,2018–2028(USD Billion)
42. Latin America Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
43. Latin America Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
44. Latin America Higher Education Market revenue, By End-User ,2018–2028(USD Billion)
45. Brazil Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
46. Brazil Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
47. Brazil Higher Education Market revenue, By End-User ,2018–2028(USD Billion)
48. Rest of Latin America Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
49. Rest of Latin America Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
50. Rest of Latin  America Higher Education Market revenue, By End-User ,2018–2028(USD Billion)
51. The Middle East and Africa Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
52. The Middle East and Africa Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
53. The Middle East and Africa Higher Education Market revenue, By End-User ,2018–2028(USD Billion)
54. Saudi Arabia Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
55. Saudi Arabia Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
56. Saudi Arabia Higher Education Market revenue, By End-User ,2018–2028(USD Billion)
57. South Africa Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
58. South Africa Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
59. South Africa Higher Education Market revenue, By End-User ,2018–2028(USD Billion)
60. Rest of the Middle East & Africa Higher Education Market revenue, By Component  ,2018–2028(USD Billion)
61. Rest of the Middle East & Africa Higher Education Market revenue, By Learning Mode ,2018–2028(USD Billion)
62. Rest of the Middle East & Africa Higher Education Market revenue, By End-User ,2018–2028(USD Billion)


 

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FrequentlyAsked Questions

Rise in number of higher education enrollments in countries such as the U.S., UK, Australia, and Germany and surge in educational trips of undergraduate students to countries such as France, Sweden, Belgium, and Italy has played a major role in influencing growth of higher education market. Apart from this, upsurge in international student mobility as well as favorable government schemes such as offering of government scholarships to deserving students in countries such as India for studying abroad will enhance growth of higher education market across globe in upcoming years. Prominent spur in offering of online learning degree programs by various regional as well as foreign educational institutes has facilitated student enrollment in these programs, thereby enlarging scope of market expansion. Citing an instance, MIT of the U.S. offers courses in development economies in online mode through online learning tool edX. Reputed universities across globe such as IIT, Stanford, and Harvard are also offering various kinds of certificate or diploma courses in data science, business analytics, data analytics AI, big data, machine learning, deep learning, and marketing analytics at affordable costs. Apparently, few of foreign educational institutions offer MBA degree programs in online mode to students at reasonable tuition fees. 

According to Zion market research report, the global Higher Education Market accrued earnings worth approximately 78.1(USD Billion) in 2020 and is predicted to gain revenue of about 170.2 (USD Billion) by 2028, is set to record a CAGR of nearly 10.4% over the period from 2021 to 2028.

North America will contribute lucratively towards the global market earnings over the projected timeline. The regional market surge is subject to renowned educational institutions in U.S. and Canada being first choice for both undergraduate & graduating engineering students from Asia. Apart from this, students are also enrolling in online degree programs in AI and data science offered by educational institutes based in U.S. Apart from this, reputed U.S. universities are also offering MBA programs as well as other educational programs in various disciplines of social sciences such as journalism, economics, and psychology. Immense presence of reputed universities offering online and offline mode of education in countries such as Canada and the U.S. will provide impetus to higher education market growth in sub-continent.

   

The key market participants include VMware, Inc., Oracle Corporation, Dell Inc., Unifyed, Astera Software, ServiceNow, Inc., CDW LLC, Cisco Systems, Inc., Blackboard Inc., and Verizon. 

 

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