Higher Education Technology Market Size, Share & Trends Analysis Report Forecasts, 2023 - 2030

The global higher education technology market is on the rise, with an estimated USD 36.24 billion in value as of 2022. Projected to grow at a remarkable compound annual growth rate (CAGR) of 18.6% from 2023 to 2030, this market is poised for significant expansion. At its core, the market's growth can be attributed to the growing popularity of competency-based education, which empowers students to progress through educational programs based on their mastery of specific skills rather than traditional credit-hour models.

In addition, the increasing adoption of personalized and adaptive learning solutions is transforming the way institutions deliver education. By tailoring educational content to individual student needs, preferences, and learning styles, technology is enhancing the overall learning experience. This shift towards personalized education is creating a robust environment for market growth, with institutions investing in innovative technologies to stay ahead.

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Government support plays a vital role in driving this growth, as they allocate funds to assist higher education institutions in covering operating costs, infrastructure development, and research initiatives. Adequate funding is crucial for preserving the quality of education while encouraging innovation, which will ultimately benefit students and the market as a whole.

The rapid integration of cutting-edge technologies such as Artificial Intelligence (AI), virtual reality, and augmented reality is transforming the educational landscape, driving market growth. Educational institutions are increasingly adopting online learning platforms, leveraging data analytics for student insights, and experimenting with innovative approaches to enhance the digital learning experience. For example, in May 2023, Ellucian, a leading enterprise software provider for higher education, launched a new partner network aimed at combining its capabilities with other educational technology applications on college campuses worldwide. This collaboration will enable institutions to harness data from departments across the university through Ellucian's SaaS platform and partner program, fostering greater technological integration and cooperation among member organizations.

The integration of technology has revolutionized how educational institutions manage their operations. Comprehensive systems now offer a streamlined approach to multiple administrative tasks, merging functionalities such as student information, finance, human resources, and facilities management into a single cohesive platform. This harmonious blend enables institutions to optimize their overall performan

Online learning platforms are redefining the way we approach collaborative learning by integrating cutting-edge tools and social features that foster a sense of community in virtual environments. This enables students to work together on projects, engage in meaningful discussions, and connect with peers from diverse backgrounds, replicating the interactive dynamic of a traditional classroom setting. By prioritizing accessibility, these platforms strive to create an inclusive environment where every learner can thrive, regardless of their abilities or disabilities. As the market continues to evolve, online learning is poised to become an increasingly indispensable component of the global education landscape, driving growth and expansion as it meets the diverse needs of students worldwide.

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Key Higher Education Technology Companies:

• Blackboard Inc.
• BYJU’S
• California Institute of Technology
• CIVITAS LEARNING
• Coursera Inc.
• Dell Inc.
• Harvard University
• Imperial College London
• Massachusetts Institute of Technology
• Oracle
• SAP SE
• Stanford University
• University of Cambridge
• University of Oxford
• VMWare

Global Higher Education Technology Market Report Segmentation

This comprehensive market forecast provides insights into revenue growth across various sectors, offering a detailed analysis of industry trends from 2018 to 2030. Based on extensive research, we have segmented the global higher education technology market into several key categories, including component, solution, services, deployment, learning mode, vertical, and region, providing a thorough understanding of the current landscape and future prospects.

• Component Outlook (Revenue, USD Billion, 2018 - 2030)

  • Hardware

  • Solution

  • Services

• Solution Outlook (Revenue, USD Billion, 2018 - 2030)

  • Student Information Management System

  • Content Collaboration

  • Data Security And Compliance

  • Campus Management

  • Others

• Services Outlook (Revenue, USD Billion, 2018 - 2030)

  • Professional Services

    • Integration And Implementation

    • Support And Maintenance

    • Consulting Services

  • Managed Services

• Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

  • Cloud

  • On-premise

• Learning Mode Outlook (Revenue, USD Billion, 2018 - 2030)

  • Offline Learning

  • Online Learning

• Vertical Outlook (Revenue, USD Billion, 2018 - 2030)

  • Public

    • State Universities

    • Government Colleges

    • Others

  • Private

    • Private Colleges

    • Community Colleges

    • Others

• Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

    • South Korea

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • Middle East & Africa

    • UAE

    • Saudi Arabia

    • South Africa

Higher Education Technology Market Report Highlights

Frequently Asked Questions

1.How big is the global higher education technology market?

The global higher education technology market size was estimated at USD 36.24 billion in 2022 and is expected to reach USD 42.60 billion in 2023.

2.What is the global higher education technology market growth?

The global higher education technology market is expected to grow at a compound annual growth rate of 18.6% from 2023 to 2030 to reach USD 140.40 billion by 2030.

3.Which segment accounted for the largest global higher education technology market share?

North America dominated the global higher education technology market with a share of 30.0% in 2022, which is attributable to factors such as digital transformation, remote and hybrid learning, innovations in EdTech, improvements in data analytics, and online enrollment growth, among others.

4.Who are the key players in global higher education technology market?

Some key players operating in the global higher education technology market include Blackboard Inc., BYJUS, California Institute of Technology, CIVITAS LEARNING, Coursera Inc., Dell Inc., Harvard University, Imperial College London, Massachusetts Institute of Technology, Oracle, SAP SE, Stanford University, University of Cambridge, University of Oxford, and VMWare

5.What are the factors driving the global higher education technology market?Key factors driving the growth of the global higher education technology market include global demand for quality, increasing globalization and mobility, improving the Edtech ecosystem, global collaborations and research, use of blockchain technology, and integration of AR and VR, among others.