Higher Education Market was valued at USD 51.80 billion in 2016 and is projected to reach USD 105.72 billion by 2025


Posted February 8, 2019 by amolsanap

The Global Higher Education Market was valued at USD 51.80 billion in 2016 and is projected to reach USD 105.72 billion by 2025, growing at a CAGR of 8.25% from 2017 to 2025.

 
The Global Higher Education Market was valued at USD 51.80 billion in 2016 and is projected to reach USD 105.72 billion by 2025, growing at a CAGR of 8.25% from 2017 to 2025.

Higher education is one of the final stages of formal education that follows secondary education. This stage of education is optional as a second degree of education still leads to opportunities for employment. Higher education includes several types of learning such as exacting the applied work, social service activities for universities, research as well as teaching. Having individuals who choose to forgo higher education can be advantageous to the overall society as it allows for more employability, happier and healthier lives, more economic growth and stability as well as more unity and trust within the people.

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With increasing enhancements in technology, there has been a growth in technology personalization and therefore an incorporation of collaboration and online learning. These factors in addition to the growing demand for device-based computing have led to an increase in the growth of the higher education market size. The reduction in government funding and the increasing costs for higher education with a laid back adoption of server-based computing has led to restrains in the growth of the market for higher education.

Competitive Landscape:
The major players in the market are as follows:
1. Blackboard, Inc.
2. IBM Corporation
3. Oracle Corporation
4. Educomp Solutions
5. Dell, Inc.
6. Xerox Corporation
7. Panasonic Corporation
8. Verizon
9. Cisco Systems, Inc
10. Xerox Corporation
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Issued By VMR
Country United States
Categories Advertising , Education , Engineering
Tags higher education market , higher education market demand , higher education market growth
Last Updated February 8, 2019