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Cloud Computing Market in Higher Education Key Vendors Research Report to 2020
Global Cloud Computing Market in Higher Education 2016-2020 is new market research report on RnRMarketResearch.com including 68 Pages. Key players in the global cloud computing market in higher education: Blackboard, Cisco, Ellucian, and Instructure. Other Prominent Vendors in the market are: Adobe Systems, EMC, NetApp and Salesforce.
Complete report available @ http://www.rnrmarketresearch.com/global-cloud-computing-market-in-higher-education-2016-2020-market-report.html .
Rise of m-education will be a key trend for market growth. Growing adoption of cellphones and tablets by students and faculties have led to the rise of m-learning methods. Vendors in developed countries, such as the US and the UK, are adopting m-learning methods to provide users with real-time access to educational content when required. With the growth of global smartphone shipments from 490 million units in 2011 to 1.43 billion units in 2015, many emerging countries (such as India, New Zealand, and nations in the Middle East and Africa) are amending their educational structures and policies to create a technology-driven learning environment.
Increased demand for cloud-based e-learning will be a key driver for market growth. Traditionally, higher education institutions that have embraced digitization have applications built on technology stacks, which are difficult and expensive to manage. Rising cost and resources to manage this infrastructure given the exponential growth of e-learning has led educators to seek on-demand services that enable smooth integration of tools and technologies, improving learning process. Thus, cloud computing is highly advantageous due to its effective service model.
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Cloud computing is the use of computing resources where systems are connected by public or private networks to offer scalable infrastructure for applications and file storage. It offers a pool of resources that includes data storage, specified applications, and networks and computer processing power. Across regions, governments and private organizations are accelerating education digitization through various monetary and non-monetary initiatives.
The analysts forecast global cloud computing market in higher education to grow at a CAGR of 24.57% during the period 2016-2020. This report covers the present scenario and the growth prospects of the global cloud computing market in higher education for 2016-2020. To calculate the market size, the report considers the revenue generated from software as a service, infrastructure as a service, and platform as a service.
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Further, the report states that educational institutions migrating to cloud platform are finding it difficult to integrate cloud-based solution into their educational system. This is because majority of the cloud-based applications are bandwidth intense and the quality of cloud services depends on the availability of adequate network bandwidth. Educational institutions need to focus on updating the infrastructure to support cloud services, leading to high budget allocated for the cloud services, which creates a challenge to the educational institutions which in turn pose a challenge for the market.
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