According to market research report on "Higher Education Market by Component (Solutions and Services), Solution (Student Information Management System, Content Collaboration, Data Security and Compliance, Campus Management), Deployment Type, Vertical, and Region - Global Forecast to 2025", published by MarketsandMarkets?, the Higher Education Market size is expected to grow from USD 13.7 billion in 2020 to USD 35.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.1% during the forecast period. A growing number of higher education enrollments, increasing use of advanced technologies and collaborations between enterprises and institutions are the major drivers for the growth of the market.