Higher Education Market worth $35.8 billion by 2025
The report "Higher Education Market by Component (Solutions and Services), Solution (Student Information
Management System, Content Collaboration, Data Security and Compliance, Campus Management), Deployment
Type, Vertical, and Region - Global Forecast to 2025", size is expected to grow from USD 13.7 billion in 2020 to USD
35.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.1% during the forecast period. A growing
number of higher education enrollments, increasing use of advanced technologies and collaborations between
enterprises and institutions are the major drivers for the growth of the market.
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Solutions segment to hold a larger market size during the forecast period
Higher education solutions are transforming colleges, universities, and research campuses worldwide, along with
new and engaging services for the entire lifecycle. The solutions included in the study are the student information
management system, content collaboration, data security and compliance, campus management, and others.
Higher education solutions are incorporated into business applications to enhance their capabilities. They derive
insights from the business data in the analytics phase, thereby helping enterprises in making business-related
Managed services segment to grow at the highest CAGR during the forecast period
Managed services are delivered and managed by third-party Managed Service Providers (MSPs). These services
entail in meeting customer needs and resolving their issues. They are focused on enhancing the service quality and
end-user experience, along with gaining cost optimization and quality of service. Vendors are required to offer
technical expertise, service consistency, and flexibility, regardless of their clients’ geographic location.
Private colleges vertical to grow at the highest CAGR during the forecast period
A private colleg