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Global Higher Education Market 2017-2021 - Research and MarketsResearch and Markets has announced the addition of the "Global Higher Education Market 2017-2021" report to their offering. The analysts forecast the global higher education market to grow at a CAGR of 4.65% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global higher education market for 2017-2021. To calculate the market size, the report considers the revenue generated only from for-profit third-party players that collaborate with educational institutions to conduct tests and assessments to evaluate the students' performance accordingly. According to the report, one driver in market is benefit to administrative staff and teachers. Higher educational institutions are readily embracing the online platform to incorporate various educational solutions, which pertain to teaching and non-teaching areas. The adoption of online assessments is largely triggered by the benefits that are yielded to the teachers and administrative department. The academic staff is given the flexibility to design assessment in the form of online submissions, coursework, and quizzes that suit students. Key vendors - Blackboard - D2L - Ellucian - Pearson Education - Samsung Other prominent vendors Adobe Systems, BenQ, Apple (News - Alert), Discovery Education, Educomp, HP, Instructure, Jenzabar, Knewton, Macmillan Learning, McGraw-Hill Education, Oracle, Promethean World, Saba, Seiko Epson, SMART Technologies, and Unit4. Market drivers - Increased incorporation of formative assessments - For a full, detailed list, view the full report Market challenges - Surge in open-source software providers - For a full, detailed list, view the full report Market trends - Surge in assessments through social media platforms - For a full, detailed list, view the full report For more information about this report visit http://www.researchandmarkets.com/research/sjqh4f/global_higher View source version on businesswire.com: http://www.businesswire.com/news/home/20170327005465/en/ |