(PRWEB) August 22, 2014
The report "Higher Education Market [Software Solutions, Content & Collaboration, Data Security & Compliance, Campus Technology, Student & Curriculum, Performance Management] - Worldwide Market Forecasts and Analysis (2014-2019)", defines and segments the global Higher Ed market into various sub-segments with an in-depth analysis and forecasting of market sizes. The report also identifies the factors driving this market, various restraints and opportunities impacting it along with the adoption trends.
Browse more than 74 market data tables with 36 figures spread through 180 pages and in-depth TOC on "Higher Education Market”
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Since the past few years, educators have been facing challenges in improving learning outcomes and in bringing about innovations because of the decrease in funds. Higher educational institutions require immediate access to computing devices and technology for data collection and collaboration among its constituents.
Cloud based computing is an important component that is driving the higher education market. In today’s present competitive world, cloud based education has developed into an increasingly attractive alternative for educators to offer innovative learning platforms and services continuously. Educational institutions are implementing the model of cloud computing within the campuses so that it is easier to share, accumulate and collaborate the data from any location, and at any time.
The adoption of cloud services, has given rise to the expansion of online and mobile learning. The higher education market faces certain issues in terms of affordability, and momentum with which the systems need to be deployed. Colleges and universities are constantly deploying new technologies and systems within the campus, for which the IT team needs to be more receptive towards privacy and security. The increase in Bring Your Own Device (BYOD) policy sometimes beyond the IT control, globalization, and, emergence of online learning, government standards and regulations further increases the challenge.
Traditional classrooms are expected to be replaced by innovative hardware and software technologies to offer an interactive environment. The latest higher education software solutions from various leading players provide users a way to manage the software systems more effectively.
The results indicate the adoption of hardware devices and software solutions becoming an integral part of higher education. Universities are likely to enter into strategic alliances to enhance the educational systems and software.
MarketsandMarkets forecasts the global Higher Education Market to grow from $43.06 billion in 2013 to $65.83 billion in 2019. 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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