Global Colleges, Universities, And Professional Schools Market Trends And Strategies Of Major Players In The Colleges, Universities, And Professional Schools Market 2021-2030

7 Jul, 2021

The colleges, universities, and professional schools market consists of the revenues of colleges, universities, and professional schools services and related goods by entities (organizations, sole traders and partnerships) that provide academic courses and grant degrees at baccalaureate or graduate levels. The entities include colleges, theological seminaries offering baccalaureate or graduate degrees, military academies at college level, universities and professional schools (e.g., business administration, dental, law, medical).

Global Colleges, Universities, And Professional Schools Market Size And Drivers:

The global colleges, universities, and professional schools market is expected to grow from $1184.99 billion in 2020 to $1255.29 billion in 2021 at a compound annual growth rate (CAGR) of 5.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1689.97 billion in 2025 at a CAGR of 8%. Increased government funding is the main driver of the market.

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Trends In The Global Colleges, Universities, And Professional Schools Market

Top universities based in the US and Europe are setting up branch campuses or collaborating with the local institutions in the emerging markets especially in Asia and the Middle East. This phenomenon is being driven by high demand for courses from these countries due to the quality of education these colleges and universities offer. According to the Cross-Border Education Research Team(C-Bert), agency that provides information on colleges and universities with a multi-national, there are about 247 international branch campuses around the world. For instance, University of Nottingham has set up two branch campuses one in Malaysia which has over 4,500 students and the other in China which has over 7,000 students.

Global Colleges, Universities, And Professional Schools Market Segments:
The global colleges, universities, and professional schools market is further segmented based on type, type of expenditure, mode and geography.
By Type: Technical and Trade Schools, Junior Colleges, Higher Education Colleges And Universities, Business and Secretarial Schools, Computer Training, Professional And Management Development Training
By Type of Expenditure: Public, Private
By Mode: Online, Offline
Sub segments Covered: Cosmetology and Barber Schools, Flight Training, Apprenticeship Training, Other Technical and Trade Schools
By Geography: The global colleges, universities, and professional schools market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global colleges, universities, and professional schools market, accounting for 30% of the market in 2020.

Read More On The Report For The Global Colleges, Universities, And Professional Schools Market At:

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Colleges, Universities, And Professional Schools Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides colleges, universities, and professional schools market overviews, analyzes and forecasts market size and growth for the global colleges, universities, and professional schools market, colleges, universities, and professional schools market share, colleges, universities, and professional schools market players, colleges, universities, and professional schools market segments and geographies, colleges, universities, and professional schools market’s leading competitors’ revenues, profiles and market shares. The colleges, universities, and professional schools market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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