Published on: March 15, 2021
Higher education market size will increase at a steady pace. The rising number of higher education enrollments and the growing international student mobility will be key factors influencing market growth during the forecast period. ORACLE, DELL TECHNOLOGIES, SAP, VMWARE, and XEROX are some of the key vendors in this marketspace.
This report provides a comprehensive analysis of the growth opportunities, market segmentations, prospects in various regions and key countries, implications of new market trends, and the impact of domestic and global market players.
ORACLE, DELL TECHNOLOGIES, SAP, VMWARE, and XEROX are some of the key higher education market vendors covered in this report.
The market is competitive and with the upcoming number of growth opportunities for market vendors, the competitive landscape is set to intensify further. The key players are adopting various strategies including collaborations, M&As, and the development of innovative products to enhance their customer base.
Covering key vendor revenue, business expansion strategies, portfolio analysis, threat from new entrants and substitutes, and competitive benchmarking, our vendor analysis will help clients plan go-to-market strategies and new product launches.
Major market trends such as the growing international student mobility and the growing number of higher education enrollments will have a positive influence on market growth and as a result, the market size will increase at a steady rate year-over-year.
To get the complete list of factors that will drive and challenge market growth, Request your FREE sample
The higher education market is catalogued under the application software industry. This industry was worth $301.04 billion in 2020 and will grow at a moderate pace during the forecast period.
SMEs are quite aggressive in introducing product and process-level innovations and invest in IT to keep themselves abreast with the latest technologies. Digitalization is one of the top priorities for SMEs globally. Many enterprises are replacing their manual processes with digital workflows by using application software and IT services. Meanwhile, other enterprises are adopting a holistic approach and trying to digitalize their overall value chain. SMEs are also deploying ERP solutions for integrating individual departments into a single operating unit and CRM software to improve their customer retention and loyalty. They are also investing in communications platforms to encourage online and real-time collaboration and using online channels like social media platforms to advertise their products and services, thereby reducing operational costs. The increasing software investments by SMEs is a key factor that will drive the growth of the application software sector.
The global market for higher education has been segmented by component and geography. Based on component, the market has been further segmented into solution and services.
Based on Geography
The regional analysis provides comprehensive information of the upcoming growth opportunities across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA).
Regional-specific analysis also provide insights of the upcoming demand for higher education across key countries in these regions.
Gain in-depth insights about your market that will aid in making strategic decisions related to market entry, partnerships, new product launch, and more.
Identify the most profitable product/service segments which will help in upgrading product offerings, portfolio expansion, and market entry.
Accurate prediction on higher education market CAGR, market size, and growth potential.
Insights on the market’s growth & opportunities in the global and regional levels.
Get a clear understanding on the business implications of key market trends.
Detailed analysis of market challenges and risks.
Comprehensive data that covers region-, segment-, and company-specific information.
Identify key competitors and the products/services they offer, their market share, and business strategies including investments & M&As.
Need a Regional, Service or Product-specific Analysis? Get FREE Customization and modify this report to meet your requirement
|
Scope of the Report |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2020 |
|
Forecast period |
2021-2025 |
|
Parent Market |
Application Software |
|
Parent Market Size |
$301.04 billion |
|
By Component |
Solution, Services |
|
Regional analysis |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA) |
|
Companies profiled |
ORACLE, DELL TECHNOLOGIES, SAP, VMWARE, and XEROX |
|
Top Market Trend |
Growing number of higher education enrollments |
|
Report Benefits |
Market trends analysis, Competitor market share and strategies, Company profiling and competitive benchmarking, Growth opportunities in global and regional levels, Business implications of market risks and challenges |
LinkedIn
Facebook 
Twitter
Email
Reddit
Tumblr
Quora
Pinterest
WhatsApp