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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Higher Education Market Analysis by Region
Europe and USA are leaders in higher education sector due to the presence of large number of universities and students
Europe has one of the leading higher education sectors in the world. Europe has over 19. 5 million students, 1.5 million academics, and 500,000 researchers active in the sector. At a global level, Europe has more world-class universities than any other region in the world, with 42 of the top hundred universities in the world. U.S.A. has the second largest higher education sector after Europe, with 39 of the top hundred universities in the world.
India also holds a large higher education market share as the country has over 58,000 higher education institutions. There are now 43.3 million students enrolled for higher education in India, up by nearly 2 million students in just one year. Moreover, Indian edtech start-ups received total investment of nearly USD 4.7 billion in 2021, up from USD 2.2 billion in 2020. According to the QS employability rankings 2023, the Indian Institute of Science (IISc), Bengaluru, six Indian Institutes of Technology (IITs), Delhi University, University of Mumbai, University of Calcutta, OP Jindal Global University, Sonipat and BITS Pilani were among the global top 500 universities.
Higher Education Market Report Snapshots
Higher Education Market Growth
Higher Education Market Trends
Higher Education Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The higher education market forecast indicates a healthy growth at a CAGR of 19.6% between 2025 and 2034.
The major drivers of the market include the increasing number of student enrolments, increasing internationalisation in the education sector, shifts in inbound and outbound student flow, growing global competition, and rapid expansion of tertiary education capacity.
Key trends aiding market expansion include the advancements in technology, emergence of distance learning, increasing demand for online classes, and changing student and industry expectations.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various components in the market are solutions and services.
Based on deployment type, the market is divided into on-premises and cloud.
The major verticals are state universities, community colleges, and private colleges.
Key players in the market are Anthology Inc., Blackbaud, Inc., Google LLC, Microsoft Corporation, Ellucian Company L.P, Oracle Corporation, IBM Corporation, SAP SE, Pearson plc, Dell, Inc, VMware, Inc, Xerox Holdings Corporation, ServiceNow, Inc, Unifyed, and Hyland Software, among others.
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