By apacciooutlook | Friday, January 24, 2020
FREMONT, CA: Technavio, a technology research and advisory company, announces the top five leading vendors in their Global Higher Education Market 2016-2020 report. This research report lists 10 prominent vendors that are expected to impact the market during the forecast period.
Technavio's report, Global Higher Education Market 2016-2020, is based on an in-depth market analysis with inputs from industry experts. This global market research presents a detailed segmentation of the global higher education market by learning methodologies (self-paced learning and institutional learning) and by geography (Americas, APAC, and EMEA.)
Technavio’s market research analyst has estimated the global higher education market to grow at an impressive CAGR (Compound annual growth rate) of almost 12% during the forecast period.
Prospects of competing vendors
Higher education institutes have been continuously developing and improving the education system with the help of devices such as interactive displays, tablets, adaptive devices, and various learning software. The global higher education report includes a discussion of the key vendors operating in the market. The leading vendors analyzed in this market study are Adobe Systems, Apple, Blackboard, D2L, and SMART Technologies.
Adobe Systems offers array of products and services used by creative professionals, knowledge workers, application developers, marketers, enterprises, and consumers.
Adobe’s Creative Cloud provides innovative tools such as Adobe Photoshop, Indesign, Illustrator, and Adobe Premiere Pro. The cloud computing by Adobe is used by DPS Bangalore, Burbank Elementary, Chinese Foundation Secondary School.
The company designs, manufactures, and markets mobile communication devices, personal computers, and related personal computing devices. It also offers a range of related software, services, peripherals, and networking solutions
In March 2015, Apple introduced ResearchKit, an open source software framework designed for medical and health research, which helps doctors and scientists gather data more frequently and more accurately from participants using iPhone apps.
Blackboard provides enterprise technology and solutions to the educational industry globally. Some of its product offerings include Blackboard Mobile Learn, Blackboard ParentLink, and Blackboard Schoolwires, Blackboard Analytics, MyEdu, and Moodlerooms.
D2L offers an online integrated learning platform for learners in the healthcare, government, higher education, K-12, and enterprise sectors. D2L offers various options such as online and blended learning, content management, curriculum library and advanced analytics to promote communication, organize content and monitor progress in the online learning platform.
SMART Technologies provides technology solutions. The company's education segment offers three software products, including SMART education software, SMART amp (cloud-based SaaS designed for collaborative learning in device-enabled classrooms) and Smart Notebook (software for interactive classroom teaching and learning).
“The market is highly competitive with local vendors finding it difficult to compete with the market leaders. As a result of this, international players are expected to grow during the forecast period by acquiring regional or local players”, says Jhansi Mary, Lead Research Analyst at Technavio for K12 and higher education research.