In 2018, these students contributed around US$14.9 billion to the US economy
Other countries are also feeling the impact of COVID-19. New Zealand, where Chinese students make up 45 percent of international students, can lose more than $100 million from their own travel ban.
All three of these countries have experienced severe budget cuts in the higher education sector, thus
making universities reliant on tuition paid by foreign students. COVID-19 travel restrictions have left them financially vulnerable and incited questions on emergency preparedness and management.
Aside from paying higher tuition, international students also contribute to the local economy through spending on food, clothing, services, and other businesses in the community. They bring social and cultural diversity to campuses, also benefiting local students in the process.
The global Higher Education Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2021-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the higher education market include Xerox Corporation, Smart Technologies, Inc., Panasonic Corporation, EduComp Solutions, Oracle Corporation, Dell, Inc., Three River Systems, Cisco Systems Inc., IBM, Adobe Corporation, Blackboard Inc.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Higher Education Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/higher-education-market/download-sampleMarket DynamicsDue to rapidly changing technology, business owners are looking for highly qualified skilled professionals who are holding higher education qualifications.
The other notable factors that are fuelling the global market include increased preference for higher education by the students for better career prospects and future, growing applications of advanced technologies in higher education, and increased alliances between industries and institutes.
Increasing globalization and international student mobility, and growth in government funding and initiatives are further boosting the global higher education market.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis.
