Higher Education Market worth $65.83 Billion by 2019

Friday 28 March 2014, Amsterdam

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. Major vendors in the higher education market are Adobe Corporation, Blackboard, Cisco, Dell, IBM, Panasonic, Xerox Corporation, Smart Technologies, EduComp Solutions and Oracle among various others. The major forces driving this market are replacement of device based computing, increased connectivity and hardware, and emergence of online and collaborative learning.

The new report 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.

The new report 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.