This report identifies key demand-side trends in the higher education space that can help enterprises fine-tune their digital strategies. It also provides an overview of enterprise challenges in the higher education space based on Avasant’s assessment.
Why read this Market Insights?
Higher education institutions are modernizing with cloud and smart campus technologies to enhance collaboration, personalization, and engagement. They are using tools such as AI, AR/VR, adaptive assessments, and virtual labs to promote interactive learning. To improve affordability, they are expanding financial aid, offering online degrees, and partnering with industry for upskilling in fields such as data science and cybersecurity.
The Higher Education Digital Services 2024 Market Insights™ aids higher education enterprises in identifying important market trends and challenges for any digital project that they take part in.
Methodology
The industry insights presented in this report are based on our ongoing interactions with enterprise CXOs and other key executives; targeted discussions with service providers, subject matter experts, and Avasant Fellows; analyst insights from primary and secondary research; and lessons learned from consulting engagements.
Table of contents
About the report (Page 3)
Executive summary (Pages 4–7)
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- Higher education scope
- Key drivers and enterprise response
- Avasant recognizes 11 top-tier service providers supporting the higher education industry in digital transformation
Demand-side trends (Pages 8–13)
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- Digital transformation is a prerequisite for revolutionizing student experiences and boosting efficiency in a digital-first landscape
- Personalization and immersive learning enhance student engagement and foster deeper connections with content through tailored, interactive experiences
- Rising tuition costs and student debt, fueled by declining state and federal funding, place a stronger emphasis on affordability and accessibility
- Organizations need a workforce with advanced skills aligned to the evolving job market, particularly in areas such as data science and AI
- Equity, sustainability, and social impact are essential drivers for creating a better future for all
Key contacts (Page 14)
Read the Research Byte based on this report. Please refer to Avasant’s Higher Education Digital Services 2024 RadarView™ for detailed insights on the service providers and supply-side trends.