Global Higher Education Market

Higher education, also known as post-secondary education, tertiary education, is an optional final stage of formal learning occurring after the completion of secondary education. It consists of all post-secondary education, training and research guidance at education institutions that are authorized as institutions of higher education by state authorities. Higher education is delivered at various educational institutes such as universities, academies, colleges, seminaries, and institutes of technology as well as through certain college-level institutions, including vocational schools, trade schools, and other career colleges awarding degrees.

Globally, higher education enrollment has witnessed a growth trajectory. However, the bulk of this growth is driven by middle-income countries whereas high-income countries have seen more of a stagnant trend. The increasing number of student enrolments is expected to fuel the higher education market at a global level. Additionally, increasing internationalization in the education sector is a major contributor to the growth of the global higher education market.

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