Global Educational Services Market Overview:
Educational Services is a cloud-based or application-based service with allotted educational content for training and schooling purposes. The integration of AR and VR in EdTech solutions helps supply interactive expertise to the learners. It permits learners to explore and seamlessly connect with abstract ideas and later driving student engagement. On the opposite hand, the mixing of blockchain technology permits end-users to store and secure records of scholars and learners, thereby sanctionative educators to investigate the consumption patterns of the fabric offered to the learners and create data-driven selections.
- Rising Demand for the Educational Services in Different Fields for Employment of Skilled labors
- Rising Demand for the Online Educational Services in Primary and Higher Education
- High Costs involved in Employing the Educational Services
- Rising Popularity of Online Education
- Increasing Training in Commercial and Industrial Purpose
- Requirement of Skilled Personnel for Improvement Tracking
The global market for educational services is consolidated by the global players owing to the rising demand for education and training purposes for different industries like individual and commercial purposes. The players should focus on integrating the services with online platforms which are cloud-based for easy access and to develop a better graphic user interface.
Some of the key players profiled in the report are McGraw Hill (United States), Education Dynamics, Inc. (United States), BYJU’S (India), Blackboard, Inc. (United States), Chegg, Inc. (United States), Coursera, Inc. (United States), edX Inc. (United States), Google LLC (United States), Instructure, Inc. (United States) and Microsoft (United States). Additionally, following companies can also be profiled that are part of our coverage like Udacity, Inc. (United States), upGrad Education Pvt. Ltd. (India), Edutech (United Arab Emirates) and Dominion Youth Services (United States). Considering Market by Trade, the sub-segment i.e. Cross Border Services will boost the Educational Services market. Considering Market by Offering, the sub-segment i.e. Hardware will boost the Educational Services market. Considering Market by End User, the sub-segment i.e. Adult will boost the Educational Services market.
Latest Market Insights:
In 2020, McGraw Hill, an American education company, partnered with TutorMe, LLC, a U.S.-based education services provider, to offer free on-demand tutoring services to college students. This partnership will lead to efficient services for students and A.I. based tracking for student growth.
What Can be Explored with the Educational Services Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Educational Services Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Educational Services
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Educational Services market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Educational Services market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Educational Services Provider, Hardware Provider, Software Developer, Research Institutes, End-User and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Educational Services Market?
The Educational Services market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Educational Services Market?
Top performing companies in the Global Educational Services market are McGraw Hill (United States), Education Dynamics, Inc. (United States), BYJU’S (India), Blackboard, Inc. (United States), Chegg, Inc. (United States), Coursera, Inc. (United States), edX Inc. (United States), Google LLC (United States), Instructure, Inc. (United States) and Microsoft (United States), to name a few.
3. What trending factors would impact Educational Services Market growth most?
"Product Development like Educational Packages in Software with Pre-Allocated Space
" is seen as one of major influencing trends for Educational Services Market during projected period 2020-2026.