The Higher education market is in the middle of a technological change, as the latest cloud based applications are replacing the Student Information System (SIS) and Constituent Relationship Management (CRM) software suites.
(PRWEB) December 02, 2014
The report "Higher Education Market (Software Solutions, Content & Collaboration, Data Security & Compliance, Campus Technology, Student & Curriculum, Performance Management) - Worldwide Market Forecasts and Analysis - 2019" defines and segments the global market into various sub-segments with an in-depth analysis and forecasting of market sizes. The global Higher Education Market is expected to grow from $43.06 Billion to $65.83 billion at a Compound Annual Growth Rate (CAGR) of 7.5% during the forecasted period.
Browse 74 market data tables with 36 figures spread through 180 pages and in-depth TOC on "Higher Education Market"
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MarketsandMarkets broadly segments the global Higher Education market:
- by Software Solutions: Content and Collaboration, Data Security and Compliance, Campus Technology, Student and Curriculum, Performance Management and Others
- by Hardware: PC’s, Tablets ,Interactive White Board, Projectors, Printers and Others
- by Services: Implementation, Consulting and Advisory, and Training and Support
- by Users: State Universities, Community Colleges, Private Colleges.
- by Regions: North America (NA), Asia Pacific (APAC), Europe (EU), Middle East and Africa (MEA), and Latin America (LA)
The biggest challenge for higher education institutions is the difficulty in adopting server based resources or for that matter, a secure IT infrastructure. The vendors in the higher education market are continuously innovating and remodeling their present architecture to build more proficient and advanced information systems. Major vendors in the higher education market are Adobe Corporation, Blackboard, Cisco, Dell, IBM, Panasonic, Xerox Corporation, Smart Technologies, EduComp Solutions and Oracle among various others. The major forces driving this market are replacement of device based computing, increased connectivity and hardware, and emergence of online and collaborative learning.
In terms of regions, North America is expected to be the largest market in terms of market size, while Europe and Asia-Pacific (APAC) are expected to experience an increase in market traction, during the forecast period.
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