Higher Education Market Projected to $65.83 Billion by 2019 - Report by MarketsandMarkets
(PRWEB) June 05, 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”
http://www.marketsandmarkets.com/Market-Reports/higher-education-market-192416446.html
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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.
Higher Education is a fast growing market. There has been a huge demand for higher education, with the emergence of new communication technologies, internet and mobile education. The implementation of latest hardware and software systems offer a new prospect to the innovative delivery of education that increases demand across all the regions.
Replacement of device based computing, and increased connectivity and hardware are one of the significant driving factors for the higher education market. With the increase in the deployment of IT infrastructure, colleges and universities are more open towards government standards and regulations that are related to security of student information systems.
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. The major forces driving this market are replacement of device based computing, increased connectivity and hardware, and emergence of online and collaborative learning.
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 colleges.
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