
Report ID: SQMIG25R2024
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Higher Education Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Higher Education industry players.
The global higher education industry is highly competitive, characterized by the presence of both well-established academic institutions and emerging education technology companies. A key example in 2024 is the collaboration between 2U Inc. and Google, announced in February 2024, aimed at expanding access to Google Career Certificates through top-tier universities globally. This initiative reflects the trend of merging traditional degree programs with career-relevant, skill-based training, meeting the evolving demands of the modern workforce.
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Global Higher Education Market size was valued at USD 736.80 Billion in 2023 and is poised to grow from USD 825.95 Billion in 2024 to USD 2059.68 Billion by 2032, growing at a CAGR of 12.1% in the forecast period (2025-2032).
The global higher education industry is highly competitive, characterized by the presence of both well-established academic institutions and emerging education technology companies. A key example in 2024 is the collaboration between 2U Inc. and Google, announced in February 2024, aimed at expanding access to Google Career Certificates through top-tier universities globally. This initiative reflects the trend of merging traditional degree programs with career-relevant, skill-based training, meeting the evolving demands of the modern workforce. 'Coursera Inc.', 'Udemy Inc.', 'BYJU’S', 'Pearson plc', '2U Inc.', 'Aula Education', 'InStride', 'Google for Education', 'Blackboard Inc.', 'LinkedIn Learning', 'Skillshare Inc.', 'edX (owned by 2U Inc.)'
The market is evolving rapidly, driven by automation, digitization, and new-age technologies. Employers across industries are looking for individuals with advanced skills and certifications. This growing demand for specialized talent is prompting more students to pursue higher education, particularly in fields like data science, AI, business analytics, and healthcare. Consequently, universities and private institutions are expanding their offerings to include up-to-date, career-focused programs.
Growth of Hybrid and Modular Learning Models: Colleges and universities are increasingly adopting flexible learning models that blend classroom instruction with digital tools and self-paced modules. Modular courses allow students to customize their learning paths and gain targeted skills, making education more adaptable and career oriented. These models also help institutions tap into non-traditional student groups, including working professionals.
What are the Key Growth Drivers in North America's Higher Education Market?
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Report ID: SQMIG25R2024
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