(PRWEB) June 07, 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, 36 figures spread through 180 pages, in-depth TOC on "Higher Education Market [Software Solutions, Content & Collaboration, Data Security & Compliance, Campus Technology, Student & Curriculum, Performance Management] - Worldwide Market Forecasts and Analysis (2014-2019)" - http://www.marketsandmarkets.com/Market-Reports/higher-education-market-192416446.html.
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The global higher education market has emerged since the last twenty years and is now rapidly growing. The number of players in this market is escalating to public and private institutions, education and testing companies, ministries of education and government agencies. Within this global market, there is a growing competition between public and private higher educational institutions to draw students and faculty from around the globe along with the involvement of international universities and business partners for associations, and research funds.
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Colleges and universities have become more receptive to the adoption of new technology and therefore, it is expected that more than 70% of the learning platforms would be cloud based or Software as a Service.
Today, higher educational institutions are not spending progressively on technology due to financial and other budgetary constraints. The increase in competition among institutions in the long run will result in faster deployment of cloud based resources.
The vendors are not only offering hardware and software solutions but also are focusing more on expanding technological deployments within the existing as well as new user accounts.
MarketsandMarkets expects the total higher education market to grow from $43.06 billion in 2013 to $65.83 billion in 2019 at a CAGR of 7.5% during the forecast period.
MarketsandMarkets broadly segments the global Higher Ed market by regions: North America (NA), Asia Pacific (APAC), Europe (EU), Middle East and Africa (MEA), and Latin America (LA); by hardware: PC’s , tablets ,interactive white board, projectors, printers and others; by software solutions: content and collaboration, data security and compliance, campus technology, student and curriculum, performance management and others; by services: implementation, consulting and advisory, and training and support; by users: state universities, community colleges, private college.
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