The Global Cloud Computing in the Higher Education market is expected to grow at a CAGR of 16.89%.
Accessing information and apps through the cloud is known as cloud computing. A number of factors have led to it being a crucial tool in higher education.
First, cloud computing can help schools save money by enabling them to share resources rather than buying and maintaining their own hardware and software.
Second, it makes it simpler for professors to include multimedia into their classes and for students to access course materials from any computer or device with an Internet connection, both of which can enhance teaching and learning. Third, secure storage of sensitive data made possible by cloud computing can assist schools in meeting regulatory standards.
Market Dynamics
Drivers:
The adoption of the cloud computing model by end users, including K–12 schools and higher education, has fueled the cloud computing in the higher education market expansion internationally. Higher adoption in user types in higher education has resulted from colleges and universities deploying educational goods for a more flexible and creative learning experience. With the greatest market share over the course of the forecast, the higher education user category is anticipated to dominate the cloud computing in the education market.
Opportunity:
From 2016 to 2021, the software as a service (SaaS) model is anticipated to hold the biggest cloud computing in the higher education market share in the area of service models because SaaS-based models are easier to integrate and have lower setup costs. PaaS is anticipated to develop at the greatest growth rate during the forecast period as end-users desire the services and data that the platform provider offers. PaaS is anticipated to play a significant part in transforming the cloud ecosystem. A further benefit of the service model is that it enables educational institutions to develop different apps as needed and run them wherever and whenever they choose.
Key players:
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Adobe Systems, Inc.,
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Alibaba Group,
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Cisco Systems, Inc.,
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International Business Machines (IBM) Corporation,
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Netapp,
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Oracle Corporation,
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NEC Corporation,
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Microsoft Corporation,
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VMware, Inc.,
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Amazon Web Services, Inc.,
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Ellucian Company L.P.,
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Dell EMC,
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Salesforce.com,
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SAP,
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And Blackboard, among others.
Market Segmentation:
Cloud computing in the Higher education Market, By Institute Type:
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Universities
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Technical schools
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Ivy League Schools (Universities)
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Community Colleges
Cloud computing in the Higher education Market, By Ownership
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Public Institutes
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Private Institutes
Cloud computing in the Higher education Market, By Application
Cloud computing in the Higher education Market, By Deployment
Cloud computing in the Higher education Market, By Region
North America
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The U.S.
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Canada
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Mexico
Europe
Western Europe
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The UK
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Germany
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France
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Italy
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Spain
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Rest of Western Europe
Eastern Europe
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Russia
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Poland
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Rest of Eastern Europe
Asia Pacific
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China
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India
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Japan
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Australia & New Zealand
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ASEAN
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Rest of Asia Pacific
South America
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Argentina
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Brazil
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Peru
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Chile
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Rest of South America
Middle East
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UAE
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Saudi Arabia
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Egypt
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Rest of the Middle East
Africa
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South Africa
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Nigeria
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Morocco
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Tunisia
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Kenya
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Rest of Africa
Regional Analysis:
Over the course of the prediction, North America is anticipated to grow faster. The trend can be ascribed to expanding usage of cloud computing services, rising educational institutions' spending in R&D, and rising student knowledge of these technologies. Additionally, the increased use of mobile learning applications due to the region's higher smartphone and tablet use is fueling demand for cloud computing solutions to store and analyse the massive amounts of data connected with these learning applications.
Scope of the Report:
Report Coverage |
Details |
Base year |
2021 |
Forecast period |
2030 |
Growth momentum & CAGR |
Accelerate at a CAGR of 16.89% |
YoY growth (%) |
XX% |
Regional analysis |
North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa |
User
Tab Content
Introduction
Our market research is an extensive, iterative process that takes into account a combination of primary and secondary research tools with the aim of minimizing deviation and producing the most precise estimate and prediction. For the future course of action, this approach meticulously outlines the actual changes and industry trends. It gives incredibly valuable data that is drawn from the insights and opinions of analysts and professionals. Our papers include in-depth research and analysis based on several factual inputs obtained from expert interviews, accurate data, and local information.
Market Size Estimation
The overall size of the market has been estimated and validated using both top-down and bottom-up methods. The sizes of other market subsegments have also been thoroughly estimated using these methodologies.
In the top-down technique, the market is divided into segments based on the percentage share of each segment. This method assisted in determining the size of each segment's market. The market size of each segment and its sub-segments was then divided into regional market sizes. This Approach helps mainly with the new Product Launch. It uses Multi-variate Regression Model coupled with Vendor based primary research inputs to forecast to the Market Size.
In the Bottom-Up approach, comprehensive study of key players has to be done wherein we add the market size of the major key players to understand the national market size which helps to determine the regional market size and eventually the complete market size. Companies annual report along with data from paid and unpaid resources like reports from government agencies and organizations like world bank provide the data for this approach.
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