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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Higher Education Market Share
State universities hold the largest share, driven by their academic excellence
State universities, often funded and governed by state governments, hold a significant market share due to their emphasis on academic quality, research collaborations, global partnerships, and alignment with national development goals. Institutions like the University of California system, the University of Toronto, and the University of Sydney exemplify the impact and reach of state universities on a global scale.
As per higher education market analysis, community colleges, known for their affordability and accessibility, are poised for significant growth, driven by programs tailored to local economic needs, career-oriented offerings, and their role in providing education to a diverse demographic. As per industry reports, in the United States, there are over 1,000 community colleges.
Private colleges, characterised by their competitive scholarship programs, flexible admission policies, strategic marketing, and financial management strategies, hold a substantial revenue share in the market. Institutions such as Stanford University, the University of Cambridge, and the University of Melbourne are renowned examples of private colleges.
Based on deployment type, on premises segment leads the market as it safeguards sensitive student information
The market is segmented based on premises and cloud deployment, with on-premises solutions maintaining a significant higher education market share due to the need for data control and regulatory compliance. Institutions like Harvard University and Oxford University often rely on on-premises infrastructure to safeguard sensitive student information and intellectual property.
In contrast, the cloud-based deployment segment is experiencing rapid growth, driven by institutions like Stanford University and MIT adopting cloud services for scalability and cost-efficiency. Furthermore, as institutions like Coursera and edX expand their online learning platforms, the demand for cloud-based solutions offered by companies, such as Dell EMC, Oracle Corporation, and Adobe, Inc. is expected to grow.
Higher Education Market Report Snapshots
Higher Education Market Growth
Higher Education Market Trends
Higher Education Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The higher education market forecast indicates a healthy growth at a CAGR of 19.6% between 2024 and 2032.
The major drivers of the market include the increasing number of student enrolments, increasing internationalisation in the education sector, shifts in inbound and outbound student flow, growing global competition, and rapid expansion of tertiary education capacity.
Key trends aiding market expansion include the advancements in technology, emergence of distance learning, increasing demand for online classes, and changing student and industry expectations.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various components in the market are solutions and services.
Based on deployment type, the market is divided into on-premises and cloud.
The major verticals are state universities, community colleges, and private colleges.
Key players in the market are Anthology Inc., Blackbaud, Inc., Google LLC, Microsoft Corporation, Ellucian Company L.P, Oracle Corporation, IBM Corporation, SAP SE, Pearson plc, Dell, Inc, VMware, Inc, Xerox Holdings Corporation, ServiceNow, Inc, Unifyed, and Hyland Software, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124