LONDON--(BUSINESS WIRE)--The higher education market size is expected to post a CAGR of over 12% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample report
Several higher education institutes are integrating intercultural and international dimensions into education due to the rising need to attract the best students and staff. This is also helping to improve the quality of education and generate higher revenue. Also, the increase in tertiary enrollments globally has led to a rise in the need for internationalization.
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As per Technavio, the emergence of transitional education (TNE) will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will affect market growth over 2019-2023.
Higher Education Market: Emergence of Transitional Education (TNE)
Transitional education (TNE) programs are gaining popularity across several countries, including Australia, Germany, Italy, France, and the UK. They are being conducted using different modes such as franchising arrangements, articulation programs, distance education, branch campuses, and twinning programs. TNE helps employers and governments deploy effective human resource development strategies with a geographically dispersed workforce.
“Apart from the emergence of transitional education (TNE), factors such as the rise in the adoption of advanced technologies, and the continuous development of new products and solutions for higher education will have a significant impact on the growth of the higher education market value during the forecast period,” says a senior analyst at Technavio.
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Higher Education Market: Segmentation Analysis
This market research report segments the higher education market by product (software and hardware) and by region (the Americas, EMEA, and APAC).
The Americas led the market in 2018, followed by APAC and EMEA, respectively. However, the APAC region is expected to register the highest incremental growth during the forecast period, due to factors such as the high penetration of broadband services, the rising adoption of advanced technologies by colleges and universities, and increasing investments in online learning and active learning strategies.
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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