Higher Education Service Market Size, Share, COVID 19 Impact, And Trends By Service Type (Training And Support, Implementation, Consulting), By End-User (Community College, State Universities, Private Colleges), And By Geography – Forecast From 2019 To 2024

Higher education is learning which conveys through context with the help of hardware, it focuses on the improvement of the overall learning experience of the user. The market is expected is growing due to the increasing demand for an educated workforce in developing countries. An increase in student enrolment along with the rising trend towards globalization for the adoption of device-based computing in educational services is anticipated to boost the market. Growth in the online learning market and encouraging adoption of integrated LMS and student information system in college and university campuses are creating new opportunities for the growth of the market. Moreover, the growing significance of online education and vocal education is further expected to drive the market in the next five years. However, the rising cost of education is expected to hinder 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 the forecasted period. Geographically, North America and Europe are projected to be substantial shareholders in the market during the forecasted period due to the presence of developed educational infrastructure.

DRIVERS

Growing need for an educated workforce.

Rising adoption of device-based computing.

Increasing student enrollment.

Growing online learning market.

RESTRAINTS

Increase in cost of education.

INDUSTRY UPDATE

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.

Segmentation

The higher education service market has been analyzed through the following segments:

By Service Type

Training and Support

Implementation

Consulting

By End-User

Community College

State Universities

Private Colleges

By Geography

North America

USA

Canada

Mexico

South America

Brazil

Argentina

Others

Europe

Germany

France

United Kingdom

Spain

Others

Middle East and Africa

Saudi Arabia

Israel

Others

Asia Pacific

China

Japan

South Korea

India

Others