I disagree with this interpretation. The report cited says:
…we asked which scenario was most likely for learning and teaching in 2021. Scenario two was deemed to be most likely…
Scenario two was:
Technology-enhanced learning supplements a ‘traditional’, lecture-led, synchronous and in-person learning and teaching experience.
TEL is not equivalent to 'blended' and could mean, for example, the use of polling in otherwise regular lectures. The investigators contrasted Scenario two with Scenario one, which was:
A very familiar, in-person learning experience on campus for students who have already adapted to a socially distanced world.
Therefore, there is no evidence here that the future of universities is blended delivery. This apparent misunderstanding may be rooted in the source's use of the heading 'The future is blended', along with a quote that talks explicitly about blended, but the rest of the section does not reference blended learning.
Maguire, D.; Dale, L.; Pauli, M. Learning and Teaching Reimagined: A New Dawn for Higher Education; JISC: Bristol, UK, 2020; Available online: https://repository.jisc.ac.uk/8150/1/learning-and-teaching-reimagined-a-new-dawn-for-higher-education.pdf (accessed on 11 January 2022).