Higher education: Key market research findings
- Growth of communication and education delivery technologies
- Changing education content delivery methods
Technavio has released a new market research report on the global higher education market, which is expected to grow at a CAGR of 12% by 2020. Higher educational institutes have enhanced and improved their education delivery techniques with the help of devices such as interactive displays, tablets, adaptive devices, and various other learning software. Rising digitization in education has enhanced the overall learning and teaching experience. The Americas lead the global higher education market, accounting for 34% of the overall market share. Increased globalization and rising internet penetration have raised more awareness about the digitized mode of learning among students in this region.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“Of late, the internet-based online instructional delivery is the fastest growing type of higher education in several countries. Massive open online courses (MOOCs) are rapidly gaining traction among students by helping them gain specific desired skills. Many higher educational institutions have integrated technologically assisted learning programs, flipped classroom-based modes of instructional delivery, and simulation as instructional tools,” says Jhansi Mary, Lead Analyst, Education, Technavio Research
Higher education institutions not only offer various study topics but also target students from diverse backgrounds such as women, minorities, students with special needs, adults and lifelong learners, international students, and others. Several institutes have also begun to serve specific local or regional needs, specializing in some niche areas, or establishing close links with specific industries. Currently, institutional learning and self-paced learning are the prominent learning methodologies in the higher education market.
The key vendors in the global higher education market include Apple, Adobe Systems, Blackboard, SMART Technologies, and Desire2Learn. This market is characterized by the presence of many international, regional, and local vendors providing digital hardware, software, and content solutions. Competition in the market is expected to intensify in the coming years owing to extension of service offerings and technological innovations.
A more detailed analysis is available in the Technavio report, Global Higher Education Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
Other related reports:
- Global Higher Education M-Learning Market 2015-2019
- Global Digital Education Content Market 2015-2019
- M-education Market in the US 2016-2020
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