Higher education is learning which convey through context with the help of hardware, it focuses on improvement of overall learning experience of user. The market is expected is grow due to increasing demand for educated workforce in developing countries. Increase in student enrolment along with rising trend towards globalization for adoption of device based computing in educational services is anticipated to boost the market. Growth in online learning market and encouraging adoption for integrated LMS and student information system in college and university campus is creating new opportunities for growth of market. Moreover, growing significance of e-education and vocal education is further expected to drive the market in next five years. However, the rising cost of education is expected to hinder the market growth in the coming years. The market is segmented by service type, end–user and geography. Based on end user, state university is expected to hold a significant market share owing to their lower fee structure and higher acceptance rate increasing their demand during forecasted period. Geographically, North America and Europe is projected to be a substantial shareholder in market during the forecasted period due to presence of developed educational infrastructure.
Growing need for educated workforce.
Rising adoption of device based computing.
Increasing student enrollment.
Growing online learning market.
Increase in cost of education.
In November 2018, International Business Machines collaborated with IIT Delhi to advance the research on Artificial Intelligence in India.
The major players profiled in the higher education service market are Columbia University, Oxford University, University of Cambridge, Harvard University, Stanford University, International Business Machines Corporation, Kaplan Inc., Cambium Learning Group Inc, Educomp Solutions and Cisco Systems Inc.
The higher education service market been analyzed through the following segments:
By Service Type
Training and Support
Middle East and Africa