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Press Release:

Global Higher Education Market to Grow at 20.37% During 2022-2027, Impelled by Rising Number of Student Enrolments

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
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Higher Education Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global higher education market is expected to exhibit a CAGR of 20.37% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Higher education refers to the final stage of formal learning occurring after the completion of secondary education. It consists of all training, post-secondary education, and research guidance at educational establishments that are authorized as institutions of higher education by state authorities. Higher education is provided in a variety of educational institutions, including colleges, seminaries, universities, academies, and at certain college-level institutions, such as trade schools, vocational schools, and other degree-granting institutions. It also includes activities on research, teaching and social services that assist in personal development, career specialization and preparation, social recognition, identifying new skills, improving self-esteem and self-confidence, and developing critical thinking.

 

 
 

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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Higher Education Market Trends:

The increasing number of student enrolments across the globe is creating a positive outlook for the market. In line with this, enterprises and organizations are constantly preferring to hire individuals with specialized higher education degrees that can help them to adapt to rapidly changing technological advancements. Additionally, the increasing demand for higher education due to the advent of globalization and the rising number of students traveling internationally for education purposes is favoring the market growth. Apart from this, the integration of artificial intelligence (AI) and the Internet of Things (IoT) in higher education systems to automate personalized adaptive learning, increase language affinity learning ability, and improve learning pace, are providing an impetus to the market growth. Moreover, the emergence of collaborative and e-learning solutions due to the availability of high-speed internet connectivity and personal computing devices is positively impacting the market growth. Other factors, including rapid digitization in the education sector, rising expenditure capacities of consumers, and the implementation of various government initiatives offering scholarship programs, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global higher education market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, deployment mode, course type, learning type and end user.

Breakup by Component:

 

 
 

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  • Solutions
    • Student Information Management System
    • Content Collaboration
    • Data Security and Compliance
    • Campus Management
    • Others
  • Services
    • Managed Services
    • Professional Services
       

Breakup by Deployment Mode:

  • On-premises
  • Cloud-based
     

Breakup by Course Type:

  • Arts
  • Economics
  • Engineering
  • Law
  • Science
  • Others
     

Breakup by Learning Type:

  • Online
  • Offline
     

Breakup by End User:

  • State Universities
  • Community Colleges
  • Private Colleges
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Anthology Inc., Blackbaud Inc., Cisco Systems Inc., Dell Technologies Inc., Ellucian Company L.P., Instructure Inc., Oracle Corporation, Pearson plc, SAP SE, ServiceNow Inc., Verizon Communications Inc., VMware Inc. and Xerox Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Component, Deployment Mode, Course Type, Learning Type, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Anthology Inc., Blackbaud Inc., Cisco Systems Inc., Dell Technologies Inc., Ellucian Company L.P., Instructure Inc., Oracle Corporation, Pearson plc, SAP SE, ServiceNow Inc., Verizon Communications Inc., VMware Inc. and Xerox Corporation.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Higher Education Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Solutions
        6.1.1 Market Trends
        6.1.2 Key Segments
           6.1.2.1 Student Information Management System
           6.1.2.2 Content Collaboration
           6.1.2.3 Data Security and Compliance
           6.1.2.4 Campus Management
           6.1.2.5 Others
        6.1.3 Market Forecast
    6.2    Services
        6.2.1 Market Trends
        6.2.2 Key Segments
           6.2.2.1 Managed Services
           6.2.2.2 Professional Services
        6.2.3 Market Forecast
7    Market Breakup by Deployment Mode
    7.1    On-premises
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Cloud-based
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Course Type
    8.1    Arts
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Economics
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Engineering
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Law
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Science
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by Learning Type
    9.1    Online
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Offline
        9.2.1 Market Trends
        9.2.2 Market Forecast
10    Market Breakup by End User
    10.1    State Universities
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Community Colleges
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Private Colleges
        10.3.1 Market Trends
        10.3.2 Market Forecast
11    Market Breakup by Region
    11.1    North America
        11.1.1 United States
           11.1.1.1 Market Trends
           11.1.1.2 Market Forecast
        11.1.2 Canada
           11.1.2.1 Market Trends
           11.1.2.2 Market Forecast
    11.2    Asia-Pacific
        11.2.1 China
           11.2.1.1 Market Trends
           11.2.1.2 Market Forecast
        11.2.2 Japan
           11.2.2.1 Market Trends
           11.2.2.2 Market Forecast
        11.2.3 India
           11.2.3.1 Market Trends
           11.2.3.2 Market Forecast
        11.2.4 South Korea
           11.2.4.1 Market Trends
           11.2.4.2 Market Forecast
        11.2.5 Australia
           11.2.5.1 Market Trends
           11.2.5.2 Market Forecast
        11.2.6 Indonesia
           11.2.6.1 Market Trends
           11.2.6.2 Market Forecast
        11.2.7 Others
           11.2.7.1 Market Trends
           11.2.7.2 Market Forecast
    11.3    Europe
        11.3.1 Germany
           11.3.1.1 Market Trends
           11.3.1.2 Market Forecast
        11.3.2 France
           11.3.2.1 Market Trends
           11.3.2.2 Market Forecast
        11.3.3 United Kingdom
           11.3.3.1 Market Trends
           11.3.3.2 Market Forecast
        11.3.4 Italy
           11.3.4.1 Market Trends
           11.3.4.2 Market Forecast
        11.3.5 Spain
           11.3.5.1 Market Trends
           11.3.5.2 Market Forecast
        11.3.6 Russia
           11.3.6.1 Market Trends
           11.3.6.2 Market Forecast
        11.3.7 Others
           11.3.7.1 Market Trends
           11.3.7.2 Market Forecast
    11.4    Latin America
        11.4.1 Brazil
           11.4.1.1 Market Trends
           11.4.1.2 Market Forecast
        11.4.2 Mexico
           11.4.2.1 Market Trends
           11.4.2.2 Market Forecast
        11.4.3 Others
           11.4.3.1 Market Trends
           11.4.3.2 Market Forecast
    11.5    Middle East and Africa
        11.5.1 Market Trends
        11.5.2 Market Breakup by Country
        11.5.3 Market Forecast
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis
    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Price Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    Anthology Inc.
           16.3.1.1 Company Overview
           16.3.1.2 Product Portfolio
        16.3.2    Blackbaud Inc.
           16.3.2.1 Company Overview
           16.3.2.2 Product Portfolio
           16.3.2.3 Financials
        16.3.3    Cisco Systems Inc.
           16.3.3.1 Company Overview
           16.3.3.2 Product Portfolio
           16.3.3.3 Financials
           16.3.3.4 SWOT Analysis
        16.3.4    Dell Technologies Inc.
           16.3.4.1 Company Overview
           16.3.4.2 Product Portfolio
           16.3.4.3 Financials
           16.3.4.4 SWOT Analysis
        16.3.5    Ellucian Company L.P.
           16.3.5.1 Company Overview
           16.3.5.2 Product Portfolio
        16.3.6    Instructure Inc.
           16.3.6.1 Company Overview
           16.3.6.2 Product Portfolio
           16.3.6.3 Financials
        16.3.7    Oracle Corporation
           16.3.7.1 Company Overview
           16.3.7.2 Product Portfolio
           16.3.7.3 Financials
           16.3.7.4 SWOT Analysis
        16.3.8    Pearson plc
           16.3.8.1 Company Overview
           16.3.8.2 Product Portfolio
           16.3.8.3 Financials
           16.3.8.4 SWOT Analysis
        16.3.9    SAP SE
           16.3.9.1 Company Overview
           16.3.9.2 Product Portfolio
           16.3.9.3 Financials
           16.3.9.4 SWOT Analysis
        16.3.10    ServiceNow Inc.
           16.3.10.1 Company Overview
           16.3.10.2 Product Portfolio
           16.3.10.3 Financials
           16.3.10.4 SWOT Analysis
        16.3.11    Verizon Communications Inc.
           16.3.11.1 Company Overview
           16.3.11.2 Product Portfolio
           16.3.11.3 Financials
           16.3.11.4 SWOT Analysis
        16.3.12    VMware Inc.
           16.3.12.1 Company Overview
           16.3.12.2 Product Portfolio
           16.3.12.3 Financials
           16.3.12.4 SWOT Analysis
        16.3.13    Xerox Corporation
           16.3.13.1 Company Overview
           16.3.13.2 Product Portfolio
           16.3.13.3 Financials
           16.3.13.4 SWOT Analysis

List of Figures

Figure 1: Global: Higher Education Market: Major Drivers and Challenges
Figure 2: Global: Higher Education Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Higher Education Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Higher Education Market: Breakup by Component (in %), 2021
Figure 5: Global: Higher Education Market: Breakup by Deployment Mode (in %), 2021
Figure 6: Global: Higher Education Market: Breakup by Course Type (in %), 2021
Figure 7: Global: Higher Education Market: Breakup by Learning Type (in %), 2021
Figure 8: Global: Higher Education Market: Breakup by End User (in %), 2021
Figure 9: Global: Higher Education Market: Breakup by Region (in %), 2021
Figure 10: Global: Higher Education (Solutions) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Higher Education (Solutions) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Higher Education (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Higher Education (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Higher Education (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Higher Education (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Higher Education (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Higher Education (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Higher Education (Arts) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Higher Education (Arts) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Higher Education (Economics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Higher Education (Economics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Higher Education (Engineering) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Higher Education (Engineering) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Higher Education (Law) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Higher Education (Law) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Higher Education (Science) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Higher Education (Science) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Higher Education (Other Course Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Higher Education (Other Course Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Higher Education (Online) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Higher Education (Online) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Higher Education (Offline) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Higher Education (Offline) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Higher Education (State Universities) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Higher Education (State Universities) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Higher Education (Community Colleges) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Higher Education (Community Colleges) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Higher Education (Private Colleges) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Higher Education (Private Colleges) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: North America: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: North America: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: United States: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: United States: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Canada: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Canada: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Asia-Pacific: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Asia-Pacific: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: China: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: China: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Japan: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Japan: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: India: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: India: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: South Korea: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: South Korea: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Australia: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Australia: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Indonesia: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Indonesia: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Others: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Others: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Europe: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Europe: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Germany: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Germany: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: France: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: France: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: United Kingdom: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: United Kingdom: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Italy: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Italy: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Spain: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Spain: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Russia: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Russia: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Others: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Others: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Latin America: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Latin America: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Brazil: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Brazil: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Mexico: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Mexico: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Others: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Others: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Middle East and Africa: Higher Education Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Middle East and Africa: Higher Education Market: Breakup by Country (in %), 2021
Figure 88: Middle East and Africa: Higher Education Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Global: Higher Education Industry: SWOT Analysis
Figure 90: Global: Higher Education Industry: Value Chain Analysis
Figure 91: Global: Higher Education Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Higher Education Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Higher Education Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Higher Education Market Forecast: Breakup by Deployment Mode (in Million US$), 2022-2027
Table 4: Global: Higher Education Market Forecast: Breakup by Course Type (in Million US$), 2022-2027
Table 5: Global: Higher Education Market Forecast: Breakup by Learning Type (in Million US$), 2022-2027
Table 6: Global: Higher Education Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 7: Global: Higher Education Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Higher Education Market: Competitive Structure
Table 9: Global: Higher Education Market: Key Players


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Key Questions Answered in This Report

We expect the global higher education market to exhibit a CAGR of 20.37% during 2022-2027.

The growing integration of AI and IoT technologies with higher education systems to automate personalized adaptive learning, increase language affinity learning ability, and improve learning pace, is primarily driving the global higher education market.

The sudden outbreak of the COVID-19 pandemic has led to the rising deployment of e-learning solutions for higher education classes to upgrade their knowledge and skills, during the lockdown scenario across several nations.

Based on the component, the global higher education market can be segmented into solutions and services. Currently, solutions hold the majority of the total market share.

Based on the deployment mode, the global higher education market has been divided into on-premises and cloud-based, where cloud-based currently exhibits a clear dominance in the market.

Based on the course type, the global higher education market can be categorized into arts, economics, engineering, law, science, and others. Among these, arts account for the majority of the global market share.

Based on the learning type, the global higher education market has been segregated into online and offline, where offline currently holds the largest market share.

Based on the end user, the global higher education market can be bifurcated into state universities, community colleges, and private colleges. Currently, state universities exhibit a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

 

Some of the major players in the global higher education market include Anthology Inc., Blackbaud Inc., Cisco Systems Inc., Dell Technologies Inc., Ellucian Company L.P., Instructure Inc., Oracle Corporation, Pearson plc, SAP SE, ServiceNow Inc., Verizon Communications Inc., VMware Inc., and Xerox Corporation.

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