Cloud Computing in Education Market Market – Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast, 2016 – 2020
The global cloud computing in education market Expected to grow from $ 8.13 billion in 2016 to $ 25.36 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 25.6%. The cloud computing in education market is growing rapidly as the institutions are more focused towards centralized system. However, factor such as security of data is the major restraint in the overall growth of the market.
The report “ Cloud Computing in Education Market by Service Model (SAAS, PAAS, And IAAS), Deployment Model (Private Cloud, Public Cloud, Hybrid Cloud, And Community Cloud), User Type (K-12 And Higher Education) And Region – Global Forecast to 2021 “, analyses and studies the major market drivers, restraints, opportunities, and challenges in the emerging nations.
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Cloud Computing in Education Market Drivers
- Need for centralized system for the management of academic processes
- Competition among academic institutions
- Learning beyond classroom’s boundary
- Strong need to reduce management burden
Cloud Computing in Education Market Restraints
- Risks associated with data protection and account management
- Rigid design of cloud-based systems
Cloud Computing in Education Market Opportunities
- Implementation of cloud – based ERP systems
- Implementation of upgradable cloud services
Cloud Computing in Education Market Challenges
- Integration of management software solutions
- Concerns over cloud security holding back market growth
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Cloud Computing in Education Market Company Profiles
- Adobe System Inc. (U.S.)
- Cisco System Inc. (U.S.)
- IBM Corporation (U.S.)
- VMware Inc. (U.S.)
- Microsoft Corporation (U.S.)
- NEC Corporation (U.S.)
- NetApp Inc. (U.S.)
- Amazon Web Services (U.S.)
- Ellucian (U.S.)
The report offers the Cloud Computing in Education Market analysis by systematically segmenting the market into four major geographies, namely
- North America,
- Europe,
- Asia-Pacific,
- And Rest of the World (RoW)
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Cloud Computing in Education Market Key growth drivers
- Hybrid cloud and community cloud deployment models are expected to show significant adoption rate in the cloud computing in education market hybrid cloud is gaining traction among educational institutions as it leverages the advantage of both private and public cloud.
- Due to the difficulties involved in collaborations among various educational institutes and agreements on sharing resources, community cloud is the least preferred choice.
- Educational institutes that are aiming at collaborative learning and inter-domain r&d are mainly adopting community cloud.
- These cloud computing deployment models are fast becoming an attractive option for the delivery of education services.
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