Higher Education Market is expected to grow at 19.4 % through 2024 to 2030

(IT-NEWSWIRE.COM, June 23, 2024 ) As per Maximize Market research, Higher Education Market size was valued at US$ 25.52 Bn. in 2023 and the total revenue is expected to grow at 19.4 % through 2024 to 2030, reaching nearly US$ 88.31 Bn.

Higher Education Market Report Scope and Research Methodology

The report aims to provide stakeholders in the industry with a thorough analysis of the Higher Education market. It presents an overview of the industry's historical and present status, along with projected market size and trends, using simple language to analyze complex data. The report encompasses all facets of the industry, focusing on key players such as market leaders, followers, and new entrants with dedicated study.

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Higher Education Market Dynamics:

Globalization and higher number of students travelling abroad for education is the driving factor of this market. High speed internet, lack of skilled manpower, and digital transformation in education are also favouring the market. However the increased overall cost and higher tuition fees may affect the students number.

Higher Education Market Regional Analysis:

North America dominated the market with 30% share in 2023. Asia Pacific is expected to grow at a CAGR of 15.4 %. Due to production, export, and investing China is growing more in the Higher Education Market.

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Higher Education Market Segmentation

By Component

Hardware

Solutions

Software

By End User

Private Colleges

State Universities

Community Colleges

By Learning Mode

Online Mode

Offline Mode

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Higher Education Key Players:

2U, Inc.

REMIND101, INC.

Verizon

Blackbaud, Inc.

Ellucian Company L.P.

ServiceNow, Inc.

Xerox Corporation

Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:

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Higher Education Market is expected to grow at 19.4 % through 2024 to 2030