The global higher education catalog and curriculum management software market was valued at USD 1,903.4 Million in 2019 and is projected to reach USD 4,113.0 Million by 2027, expanding at a CAGR of 10.0% during the forecast period. The demand for higher education catalog and curriculum management software is growing as many countries are encouraging education on online platforms after Covid-19 pandemic. Moreover, players operating in higher education catalog and curriculum management software market are focusing on finding new concepts and ideas for the Software to make them more attractive and educational for the young crowd.Market Dynamics
The market dynamics are changing rapidly in the education sector. According to EdSurge, around USD 1.7 Billion was invested in 2019 by venture capital funds into the educational technology in the US. Around USD 18.7 Billion was invested globally for e-learning in the same year. Moreover, several private equity funds are being raised primarily to invest in the educational infrastructure. This, in turn, is projected to fuel the higher education catalog and curriculum management software market during the forecast period. Moreover, currently, there is a worldwide concern that there is huge gap between the learning outcomes and the growth of education sector. The extent of the learning gap is largely unknown, as many countries do not have enough comprehensive data on student’s progress in the course. The curriculum management software provides real-time status of a student’s course and the learning outcomes. Daily monitoring can show changes over time in response to initiatives to improve student the outcomes and additional data for decision-making. This drives the growth of the market.
Additionally, The Internet has been one of the most transformative and fast-growing technologies. Currently, there are 4.66 billion Internet users worldwide. The use of Internet has been growing at a high pace in countries such as India, Bangladesh,