Industry Background:
A set of turbulences in the education sector was triggered by the emergence of cloud computing technology, which took the worldwide classrooms by storm and reshaped most of the processes related to learning, teaching, and administration. Cloud computing has remained one of the most talked-about trends of the decade due to its potential to facilitate information access, improve collaboration, and reinvent traditional IT structures. According to the expertise, 2013 State of the Cloud report, 43% or higher education institutions surveyed have implemented or are maintaining cloud computing, while this number in K-12 institutions is 42%. Cloud computing affords opportunities for greater student choice in learning. Using an Internet-connected device, students can access a wide array of resources and software tools that suit their learning styles and interests. : Cloud-based services can help institutes reduce costs and accelerate the use of new technologies to meet evolving educational needs. Students can use office applications for free without having to purchase, install, and keep these applications up to date on their computers. It also provides the facility of Pay peruse for some applications
Attributes | Details |
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Study Period | 2017-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Adobe System Inc. (United States), VMware Inc. (United States), Microsoft Corporation (United States), NEC Corporation (United States), Cisco System Inc. (United States), IBM Corporation (United States), NetApp Inc. (United States), Amazon Web Services (United States) and Ellucian (United States) |
According to AMA, the market for Cloud Computing in Education is expected to register a CAGR of 26.1% during the forecast period to 2030. This growth is primarily driven by The growing requirement to reduce the management burden and Competition among academic institutions.
Globally, a noticeable market trend is evident Learning beyond the classroom’s boundary
The Internet Software & Services sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Adobe System Inc. (United States), VMware Inc. (United States), Microsoft Corporation (United States), NEC Corporation (United States), Cisco System Inc. (United States), IBM Corporation (United States), NetApp Inc. (United States), Amazon Web Services (United States) and Ellucian (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Influencing Trend:
Learning beyond the classroom’s boundary and Increasing demand due to the need for centralized system for the management of academic processes
Market Growth Drivers:
The growing requirement to reduce the management burden and Competition among academic institutions
Challenges:
The growing concern regarding cloud security and Lack of skilled professionals
Restraints:
The rigid design of cloud-based systems and Risks associated with data protection and account management
Opportunities:
High demand from emerging countries, High adoption due to implementation of upgradable cloud services and The emergence of cloud-based ERP systems
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Cloud Computing in Education Market
- Analysis about New Entrants in Cloud Computing in Education Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Cloud Computing in Education Study Sheds Light on
The Cloud Computing in Education Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Cloud Computing in Education industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Cloud Computing in Education industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.