Snapshot img { margin: 10px !important; } Overview of the global competency-based education spending market

Research analysis on the global competency-based education spending market identifies that the rising workforce requirement in new industries will be one of the major factors that will have a positive impact on the market’s growth. The need for innovative career fields and new industries induces educational institutions such as universities and colleges to invest heavily in offering competency-based programs. Competency-based programs evaluate the progress of students in terms of precise skills and ensure the placement of graduates into any new field with rising labor demand.

Competency-based education spending market growth

These institutions are also making huge investments to offer courses in specializations such as diagnostic imaging, strategic communication, mechatronics, non-destructive testing engineering, and health education. Moreover, universities are also partnering with leading market players to set up a sound and robust competency-based education that uses solutions, systems, and hardware provided by key market vendors. According to the competency-based education spending market analysis, Technavio’s market research analysts predict that this market will grow at a CAGR of more than 18% by 2021.

Competency-based education spending market trends

The introduction of innovative education solutions is one of the key trends that will gain traction in the competency-based education spending market in the forthcoming years. Education technology companies are introducing new solutions to institutions for effective the implementation of competency-based education programs. A significant share of revenue is also invested in programs by companies for the development of software, solutions, and essential content for competency-based programs. For instance, Creatrix Campus, a cloud-based educational solution provides competency-based education assistance to various institutions. This enables educators to spot competencies and skills with programs or courses and their learning outcomes.

The costs of competency-based education: Competitive landscape and key vendors

The market consists of numerous established players and small and medium-sized enterprises that offer an extensive range of solutions for educators, students, and corporates. Players in this competency-based education market are making huge investments to develop innovative solutions, which will help them sustain the competition and improve their market positions.

The leading vendors in the market

Blackboard
D2L
Ellucian
Instructure

Competency-based education spending by product

Hardware
Systems
Solutions
Content

During 2016, the hardware segment accounted for the major shares of the competency-based education spending market. The increased implementation of the suitable infrastructure required to deploy the competency-based education model by a large number of universities and colleges will be the major factor contributing to the growth of this industry segment in the coming years and will increase the competency-based education spending market size.

Competency-based education spending based on geography

APAC
Europe
North America
ROW

This market study estimates that in terms of geographic regions, North America will be the major revenue contributor to the competency-based education spending market throughout the forecast period. The rise in the number of K-12 schools and higher education institutions that choose the competency-based education model over the traditional education delivery model will drive the growth of the market in this region.

Key questions answered in the report include

What will the market size and the growth rate be in 2021?
What are the key factors driving the global competency-based education spending market?
What are the key market trends impacting the growth of the global competency-based education spending market?
What are the challenges to market growth?
Who are the key vendors in the global competency-based education spending market?
What are the market opportunities and threats faced by the vendors in the global competency-based education spending market?
Trending factors influencing the market shares of APAC, Europe, North America, and ROW.
What are the key outcomes of the five forces analysis of the global competency-based education spending market?

Technavio also offers customization on reports based on specific client requirement.

Snapshot img { margin: 10px !important; } Overview of the global cloud computing market in education sector

Technavio’s market research report identifies that the growing use of learning analytics will be one of the primary growth drivers for the global cloud computing market in education sector till 2021. The popularity of third platform technologies such as cloud computing, mobile computing, and big data is growing in the education sector. Various educational institutions are keeping track of student performance and are identifying key improvement areas by employing business intelligence (BI) in the analysis of collected data on various cloud platforms. This helps them develop personalized learning for students and enhance student or faculty retention ratios. Cloud-based learning analytics or cloud analytics helps educators to track the digital footprints of students to analyze pupil activities. This in turn, is anticipated to boost the demand for cloud computing in the education sector. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 26% by 2021.

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North America is witnessing a rising enrollment in K-12 schools and universities. The popularity of cloud computing technologies will continue to increase in the region due to the presence of adequate IT infrastructure and a large number of educational institutions that are adopting modern methods of learning. This modern method of learning includes project-based, experiential, blended learning, and game-based learning.

Competitive landscape and key vendors

The cloud computing market in the education sector is highly fragmented due to the presence of various regional and international vendors. International vendors are entering strategic partnerships with local vendors to strengthen their product portfolio. The competitive environment of the market will intensify because established cloud computing companies are coming up with new products to promote their solutions.

Key vendors in this market are -

Adobe Systems
Blackboard
Cisco
llucian

Other prominent vendors in the market include Dell EMC, Instructure, Microsoft, NetApp, Oracle, Salesforce, and SAP.

Segmentation by service models and analysis of the cloud computing market in education sector

SaaS
IaaS
PaaS

Software as a service (SaaS) segment contributed to the maximum market shares during 2016 due to several benefits associated with SaaS such as simplified administration, elastic scalability, and location independence or mobility. The segment will continue to grow for the next four years because it offers an instant data access.

Segmentation by end-user and analysis of the cloud computing market in education sector

Higher education
K-12 schools

Universities and colleges are increasingly incorporating cloud computing technology because it standardizes the learning process by offering centralized licensing of software applications and services. The higher education segment will continue to be the largest end-user during the estimated period due to the rising demand for project-based learning among students, particularly for STEM subjects.

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Key questions answered in the report include

What will the market size and the growth rate be in 2021?
What are the key factors driving the global cloud computing market in the education sector?
What are the key market trends impacting the growth of the global cloud computing market in the education sector?
What are the challenges to market growth?
Who are the key vendors in the global cloud computing market in the education sector?
What are the market opportunities and threats faced by the vendors in the global cloud computing market in the education sector?
What are the trending factors influencing the market shares of APAC, Europe, North America, and ROW?
What are the key outcomes of the five forces analysis of the global cloud computing market in the education sector?

Technavio also offers customization on reports based on specific client requirement.

Snapshot img

Vietnam Higher Education Market Size 2025-2029

The vietnam higher education market size is forecast to increase by USD 616.5 million, at a CAGR of 15.6% between 2024 and 2029.

Major Market Trends & Insights

By Product - Software segment was valued at USD 166.00 million in 2022
By End-user - Private colleges segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 308.46 million
Market Future Opportunities: USD 616.50 million 
CAGR : 15.6%

Market Summary

The market has witnessed significant shifts in recent years, with international students increasingly choosing Vietnamese institutions for their academic pursuits. According to UNESCO data, the number of international students in Vietnam grew by 22% between 2017 and 2018. This trend is driven by the country's improving educational standards and competitive fees, which are lower than many Western universities. Furthermore, Vietnam's strategic location and robust economic growth make it an attractive destination for students seeking a global education experience. The country's universities offer a diverse range of programs, from engineering and IT to business and humanities, catering to the evolving demands of the job market. This dynamic market continues to unfold, with new partnerships and collaborations shaping the educational landscape.

What will be the size of the Vietnam Higher Education Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free SampleThe market exhibits significant growth, with current enrollment figures representing a substantial increase compared to previous years. Approximately 2.5 million students were enrolled in higher education institutions in 2021, accounting for a 10% annual expansion rate. Looking forward, this trend is expected to continue, with growth projected to reach 12% per annum over the next five years. A noteworthy comparison reveals that the number of students pursuing higher education has more than doubled since 2015. This expansion is driven by a combination of factors, including increased access to financial aid, a growing emphasis on career services effectiveness, and the implementation of data-driven decision-making processes. Institutional reputation, faculty development initiatives, and student wellbeing programs have become key priorities for higher education institutions in Vietnam. Consequently, course completion rates have risen steadily, with an average of 75% of students graduating within the standard timeframe. Additionally, educational resource management and e-learning accessibility have improved, enabling more students to access digital learning resources and online courses. In terms of international collaborations, Vietnam has seen a 20% increase in partnerships with foreign universities in recent years. This trend is expected to continue, further enhancing the country's educational landscape and providing students with a broader range of opportunities. Faculty research productivity and pedagogical approaches have also undergone significant changes, with a focus on blended learning models and learning outcome assessment. These innovations have contributed to the overall institutional effectiveness and student satisfaction, as reflected in the latest student feedback surveys. Despite these advancements, challenges remain, including the need for continued investment in classroom technology integration, faculty advising support, and academic accreditation. Addressing these challenges will be crucial for maintaining the momentum of growth and ensuring the long-term success of the higher education sector in Vietnam.

How is this Vietnam Higher Education Market segmented?

The higher education in vietnam industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductSoftwareHardwareEnd-userPrivate collegesState universitiesCommunity collegesCoursesUndergraduateMastersPhDGeographyAPACVietnam

By Product Insights

The software segment is estimated to witness significant growth during the forecast period.

The market is experiencing notable advancements, particularly in the adoption of technology to enhance teaching and learning experiences. Learning management systems (LMSs) and online learning platforms are gaining traction, with a reported 30% of universities currently utilizing LMSs. Teacher training programs are also prioritizing the integration of technology, as 45% of institutions plan to invest in digital tools for faculty development. Quality assurance frameworks are essential to ensure academic standards, with 55% of universities implementing these frameworks. Higher education enrollment has seen steady growth, with a

Product Market size is rising upward in the past few years And it is estimated that the market will grow significantly in the forecasted period

Georgia Employment: Business Sector: by Economic Activity: NACE 2: Education data was reported at 23,603.000 Person in Mar 2018. This records an increase from the previous number of 23,464.000 Person for Dec 2017. Georgia Employment: Business Sector: by Economic Activity: NACE 2: Education data is updated quarterly, averaging 23,159.255 Person from Mar 2016 (Median) to Mar 2018, with 9 observations. The data reached an all-time high of 23,603.000 Person in Mar 2018 and a record low of 15,887.452 Person in Sep 2016. Georgia Employment: Business Sector: by Economic Activity: NACE 2: Education data remains active status in CEIC and is reported by National Statistics Office of Georgia. The data is categorized under Global Database’s Georgia – Table GE.G005: Employment.

As of June 2022, there were approximately *** thousand Hong Kong citizens enrolled in higher education institutions in Australia. Vocational education and training courses were the second most popular among Hong Kong international students, with about **** thousand students enrolled in VET.

Russia Exports: High Technologies: Annual Earnings: USD: Higher Education Sector data was reported at 58.000 USD mn in 2017. This records an increase from the previous number of 4.400 USD mn for 2016. Russia Exports: High Technologies: Annual Earnings: USD: Higher Education Sector data is updated yearly, averaging 4.400 USD mn from Dec 2009 (Median) to 2017, with 9 observations. The data reached an all-time high of 58.000 USD mn in 2017 and a record low of 1.100 USD mn in 2010. Russia Exports: High Technologies: Annual Earnings: USD: Higher Education Sector data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Foreign Trade – Table RU.JAA018: Exports: High Technology.

Switzerland Higher Education Researchers: Compound Annual Growth Rate data was reported at 4.297 % in 2021. This records an increase from the previous number of 2.821 % for 2019. Switzerland Higher Education Researchers: Compound Annual Growth Rate data is updated yearly, averaging 4.371 % from Dec 1994 (Median) to 2021, with 14 observations. The data reached an all-time high of 9.205 % in 2002 and a record low of -1.290 % in 1998. Switzerland Higher Education Researchers: Compound Annual Growth Rate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Switzerland – Table CH.OECD.MSTI: Number of Researchers and Personnel on Research and Development: OECD Member: Annual.

In Switzerland, the Business Enterprise sector comprises private enterprises only. Public enterprises are included in the Government sector.

From 2000, the Government sector no longer includes the telecommunications companies that have been privatised (Swisscom).

From 2017 onwards, GBARD data are derived from a funder-based approach (performer-based approach before 2017). The Swiss contribution to the European Space Agency is allocated to the space objective in GBARD as of 2006, while it was before included in non-oriented research programmes. From 1998, the Federal Office of Agriculture and its research institutes no longer break down their R&D by socio-economic objective but group all under 'Agriculture'. For GBARD this results in a break in series for both Agriculture and Health objectives, where half of the funds previously declared under Health are now declared under Agriculture. Also in 1998, the telecommunications field of the Federal Post office has become the private enterprise Swisscom which is no longer included under the Infrastructure objective in GBARD. Before 1994, GBARD did not include the public sector financed R&D mandates.

Over the five years through 2025-26, the Universities industry's revenue is expected to grow at a compound annual rate of 0.6% to £54.9 billion. The increase in tuition fees to £9,250 in 2017-18 has been an important driver of revenue growth. However, with tuition fees frozen until 2024-25, inflation, particularly in the two years through 2023-24, has meant their real value has plummeted. This has also put a strain on profit over the past five years. The cap on undergraduate student numbers in the UK was lifted in 2020-21, leading to a rise in student enrolments, which has helped prop up universities’ income.

Universities have struggled in the face of cuts to research funding levels from the government and the disruption caused by the pandemic. Teaching went online in the final term of 2019-20 and remained there for most of the 2020-21 academic year due to restrictions imposed following the COVID-19 outbreak, pushing down revenue. However, despite fears of a decline in demand, student applications for 2020-21 increased and higher education UCAS applications for 18-year-olds living in the UK for the 2025-26 academic year reached a record high. Universities are also benefitting from the UK rejoining Horizon Europe, the EU’s flagship research programme – they’ve been able to access funding since January 2024. However, there are significant concerns over declining international student numbers, as they currently prop up university finances and help subsidise domestic students' places. The introduction of the dependent ban in January 2024 on overseas students bringing family with them on their student visa for taught master's has seen applications from several countries fall. Revenue is still set to grow 1% in 2025-26 as tuition fee rises for the first time since 2017, from £9,250 to £9,535, which is propelling revenue rises despite poor enrolment figures.

Over the five years through 2030-31, university revenue is forecast to fall at a compound annual rate of 0.8% to reach £52.8 billion. Strong demand from domestic students will further support revenue growth; however, without further tuition fee rises, universities' real income is likely to suffer. The industry will need more funding intervention to prevent closures and budget cuts. Additionally, proposals by the government to make it harder for international students to settle in the UK will disincentivise international applicants, putting a strain on revenue.

Russia Imports: High Technologies: Annual Payments: USD: Higher Education Sector data was reported at 0.600 USD mn in 2017. This records a decrease from the previous number of 0.900 USD mn for 2016. Russia Imports: High Technologies: Annual Payments: USD: Higher Education Sector data is updated yearly, averaging 0.300 USD mn from Dec 2009 (Median) to 2017, with 9 observations. The data reached an all-time high of 0.900 USD mn in 2016 and a record low of 0.000 USD mn in 2010. Russia Imports: High Technologies: Annual Payments: USD: Higher Education Sector data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Foreign Trade – Table RU.JAA037: Imports: High Technology.

Russia Exports: High Technologies: Contracts Amount: USD: Higher Education Sector data was reported at 434.000 USD mn in 2017. This records an increase from the previous number of 17.900 USD mn for 2016. Russia Exports: High Technologies: Contracts Amount: USD: Higher Education Sector data is updated yearly, averaging 14.200 USD mn from Dec 2009 (Median) to 2017, with 9 observations. The data reached an all-time high of 434.000 USD mn in 2017 and a record low of 2.200 USD mn in 2010. Russia Exports: High Technologies: Contracts Amount: USD: Higher Education Sector data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Foreign Trade – Table RU.JAA018: Exports: High Technology.

As of June 2022, there were approximately ** thousand Latin American students enrolled in Vocational education training courses in Australia. English language intensive courses for overseas students were the second most popular among Latin American international students, with around *** thousand people enrolled in ELICOS.

Product Market size is rising upward in the past few years And it is estimated that the market will grow significantly in the forecasted period

Myanmar’s expenditure on education in 2019 amounted to approximately ***** percent of total government spending. This was an increase of less than one percent from 2017. Despite Myanmar’s efforts to put more focus on to its education sector, a higher share of government spending went on defense. Despite not having a higher level of expenditure put into education, Myanmar still had a high net enrollment rate in primary schools. Efforts towards improvement As Myanmar has begun to attempt to recover from economic hardship experienced through sanctions, there has been a realization that there is a need for more qualified individuals who can stimulate economic and social development. A new wave of highly qualified individuals and experts would require an education sector which can provide the necessary training needed to advance academically. Therefore, Myanmar has increased its efforts to improve access to and the quality of basic education. The country hopes to achieve this through funding received from the International Development Association which will be targeted at the most disadvantaged areas and underachieving schools. Although a significant number of people in Myanmar have a bachelor’s degree, it is predominantly only the wealthy who are able to progress into higher education.
Problems: past and present Long periods of social and political instability brought about by civil war have had a profound impact upon the education sector in Myanmar. The education system is run by the government and there have existed such extreme differences in the quality of teaching that students have gotten to grade ***** level without being able to read and write. Consequently, Myanmar has had a significantly high illiteracy rate among adults. For this reason, strong competition to secure places in better schools has developed. There have been instances of corruption within the education sector, with school principals accepting bribes from parents to allow their children into certain schools. New initiatives plan to eradicate the bribery within the education system and give less-advantaged children a higher quality of education.

Higher education is an important export economy for Australia, with international students paying significantly higher fees for their tertiary studies than domestic students in the country. According to Times Higher Education, the Federation University Australia ranked the highest in terms of share of international students in 2023. During that period, around ** percent of the students enrolled at Federation University Australia were international students. International tertiary education sector An internationally recognized qualification from an Australian university is appealing to many foreign students. Chinese students made up the largest proportion of international students in Australia. In 2017, of the *** thousand foreign students studying at higher education institutions, around ***** thousand originated from China. Management and commerce courses were the most popular courses for international students to study, followed by engineering, society and culture, and information technology. Economic contribution International education activity is a significant export income source for Australia. In 2017, around ** billion Australian dollars were generated from intentional student expenditure – a value that has been increasing consistently over the past years. Chinese students studying onshore on student visas contributed over ** billion Australian dollars in that year alone. Australia’s major competitors in this sector include its neighbor New Zealand, Canada, the United States and the United Kingdom. Factors affecting student enrolments include increasing tuition fees, visa application costs as well as the comparatively high cost of living in Australian cities.

Product Market size is rising upward in the past few years And it is estimated that the market will grow significantly in the forecasted period

Product Market size is rising upward in the past few years And it is estimated that the market will grow significantly in the forecasted period

Snapshot img { margin: 10px !important; } Global Blended Learning Courses Industry Overview

Our analysts have identified the improved training costs to be one of the major factors driving market growth. Blended learning courses provide high-cost savings to users. The enhanced training and lesson delivery cost coupled with blended learning courses is one of the major growth factors of the market. Learners, educational institutions, and corporate organizations leverage the reduced cost to maximum advantage. Also, they significantly reduce training costs for travel and materials. To reach a wider target audience, blended learning approach can be extensively used by educational institutions and corporate organizations. Moreover, an increasing number of students enrolling in online and blended learning courses will significantly drive the growth of the market during the predicted period.

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Companies covered

The blended learning courses market is moderately fragmented owing to the presence of a large number of vendors. This blended learning courses industry analysis report will help the clients identify new growth opportunities and design new growth strategies. Also, this report offers a competitive analysis of the players in the blended learning techniques market along with information on the products offered by the companies.

The report offers a complete analysis of a number of companies including:

Cegos
City and Guilds Group
GP Strategies
Houghton Mifflin Harcourt
Holtzbrinck
NIIT
Pearson
Skillsoft

Blended learning courses market growth based on geographic regions

Americas
APAC
EMEA

In terms of geographic regions, the Americas accounted for the major share in the blended learning techniques market in 2017. The demand for professionals with a working knowledge in STEM (science, technology, engineering, and mathematics) subjects is increasing.

Blended learning courses market growth based on end-user

Higher education sector
Corporate sector
K-12 sector

The higher education segment accounted for the major share of the market during 2017. According to our research report, the corporate sector will gain significant market share as the demand for blended learning courses from the corporate sector is increasing.

Key highlights of the global blended learning courses market for the forecast years 2018-2022:

CAGR of the market during the forecast period 2018-2022
Detailed information on factors that will accelerate the growth of the blended learning courses market during the next five years
Precise estimation of the global blended learning courses market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
Growth of the blended learning courses industry across various geographies such as the Americas, APAC, and EMEA
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive information about factors that will challenge the growth of blended learning courses companies

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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the blended learning courses market and its stakeholders over the forecast years. Our analysts at Technavio have also considered how the performance of other related markets in the K-12 and higher education will impact the size of the blended learning courses market till 2022. Some of the markets most likely to influence the growth of the blended learning courses market over the coming years are the K-12 blended e-learning market and corporate blended learning market.

Technavio also provides customized reports based on the specific requirements of our clients.

Russia Exports: High Technologies: Number of Contracts: Higher Education Sector data was reported at 235.000 Unit in 2017. This records an increase from the previous number of 161.000 Unit for 2016. Russia Exports: High Technologies: Number of Contracts: Higher Education Sector data is updated yearly, averaging 80.500 Unit from Dec 1998 (Median) to 2017, with 20 observations. The data reached an all-time high of 235.000 Unit in 2017 and a record low of 23.000 Unit in 2009. Russia Exports: High Technologies: Number of Contracts: Higher Education Sector data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Foreign Trade – Table RU.JAA018: Exports: High Technology.

Russia Imports: High Technologies: Number of Contracts: Higher Education Sector data was reported at 76.000 Unit in 2017. This records an increase from the previous number of 62.000 Unit for 2016. Russia Imports: High Technologies: Number of Contracts: Higher Education Sector data is updated yearly, averaging 4.000 Unit from Dec 1998 (Median) to 2017, with 19 observations. The data reached an all-time high of 76.000 Unit in 2017 and a record low of 1.000 Unit in 2008. Russia Imports: High Technologies: Number of Contracts: Higher Education Sector data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Foreign Trade – Table RU.JAA037: Imports: High Technology.