The global higher education market is expected to witness a steady growth on account of increasing number of institutions and student enrolment. Higher education has developed over the last twenty years. The number of institutions has increased owing to government policies. There is a growing competition among the public and private organisations.
imparting knowledge based on latest technology and trends. This gives rise to regular resources and content updates. Moreover, good infrastructure and value added facilities are factors which students look out for during opting an institution. Local government bodies and ministry of education have realised the importance of educated professionals in the development of the overall economy. More and more government institutions are being established offering high-quality learning at an affordable cost. They also work on creating awareness and, therefore, driving the overall demand. Education tourism is another factor which propels this industry. Students have been migrating to distant locations for acquiring quality based schooling along with world class infrastructure. This is a good source of revenue in terms of foreign exchange. Education tourism has also facilitated globalisation by inducting students of different cultural background. The high cost is expected to hamper the global industry growth over the forecast period. Traditional learning methods are easy to implement and deliver. New methodologies require skilled faculty along with the desired infrastructure. Institutions highly depend on government funding for their overall growth. This industry is highly dependent on government policies. Therefore, this industry has been facing challenges in countries with the unstable political environment. Growing demand for online learning provides great opportunities for global market growth in near future. Use of mobile devices, laptops and tablets have vastly increased for learning purposes. This is expected to provide bright prospects for industries into software learning in the future. Multi-national organisations have realised the need of training their employees. One such training methodology is implementing higher education. Organisations including Accenture, Microsoft, Siemens and Google have tie-ups with institutes for imparting quality learning among their employees. Such initiatives are providing great opportunities for market growth in the coming years. Recent trends have shown that demand for management education has seen an exponential growth. New management institutions have been established in the U.S., the UK, Australia, India, China and Singapore. Reputed b-schools in the west are planning to move towards east considering the high demand for management learning. This kind of trends is expected to provide bright prospects to this industry over the forecast period. Segmentation is based on the service type provided which includes consulting, implementation, advisory and support services and end use industries such as state universities, private colleges and community colleges. Get a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/higher-education-market/request-sample Segmentation can also be done based on learning type imparted which include management courses, technical courses, accountancy, health science courses and literature. North America dominates the market in terms of overall demand and is expected to maintain its position over the forecast period. The main factor driving this regional growth is the vast presence of educational bodies concentrating on sophisticated learning programmes. Regional demand is followed by Asia Pacific on account of government initiatives to promote higher education especially in Japan, China, Singapore and India. Growing population is also one of the factors contributing overall demand. Europe has witnessed a significant growth owing to increasing education tourism. The Scandinavian region has been emerging as a knowledge hub in Europe.
South America and Africa have been witnessing slow growth owing to emerging education sector. However, countries such as South Africa, Mexico and Brazil have been showing good prospects on account of developing education tourism. Key players operating in the market are Adobe Corporation, Blackboard Inc, Cisco, Dell, Educomp, IBM, Oracle, Panasonic, Smart Technologies and Xerox. Other major players include Lenovo, Fujitsu, Jenzabar, Dell and Discovery Communication. Manufacturers have been concentrating on establishing a global presence to increase their revenues. The need to provide services in various countries of different languages have given rise to professions such as translators and content writers. Market Segment This report studies the global Higher Education market, analyzes and researches the Higher Education development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like • Xerox Corporation • Smart Technologies • Panasonic Corporation • EduComp Solutions • Oracle Corporation • Dell • Three River Systems • Cisco Systems Inc. • IBM • Adobe Corporation • Blackboard Inc. See More Reports of This Category by Million Insights @ https://www.millioninsights.com/industry/computing-and-technology Market segment by Regions/Countries, this report covers • United States • EU