The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Competency-based Education Spending Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2030.
In the current scenario, the upper education landscape across the developed regions is transforming with constant disruptive changes happening like online education, for-profit universities, and an aging workforce. thanks to these factors, developed regions are experiencing a rise in tuition concept and a decrease in funding. Thus, instruction institution costs will constantly propel, whereas state funding is probably going to shrink. Resultantly, most faculties have surged tuition fees substantially, over the recent past.
The team of researchers at Future Business Insights are focusing on research and market study to produce different Competency-based Education Spending Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Competency-based Education Spending Market.
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Competency-based Education Spending Market: Competition Landscape
Examples of some of the market participants in the global competency-based education market identified across the value chain include
- Blackboard Inc.
- D2L Corporation
- Pearson Education
- Epiphany Learning LLC
- Motivis Learning Systems
- Schoology
- InstructureInc.
- KnewtonInc
Competency-based Education Spending Market: Segmentation
The competency-based education market can be segmented on the basis of component, end user, and region.
component:
- Software
- Learning Management System (LMS)
- Learning Content Management System
- Adaptive Learning Platform
- Services
- Managed and Professional Service
- Education Content
end-user:
- K-12
- Higher Education
- Commercial
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