DUBLIN, December 11, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/9d6b99/cloud_computing) has announced the addition of the "Cloud Computing in Education Market - Global Forecast to 2020" report to their offering.
The strong need to reduce management burden and the necessity for a centralized system for the management of academic processes is driving the market across all regions. To streamline academic processes such as learning, administration, and evaluation are the main drivers of the market. The implementation of upgradable cloud services offer great opportunity for cloud providers in the education industry.
This industry forecasts the cloud computing in education market size to grow from USD 5.83 Billion in 2015 to USD 15.02 Billion by 2020, at a compound annual growth rate (CAGR) of 20.8% from 2015 to 2020.
Cloud computing offers an easy and lucrative way to comprehend all the benefits that technology in education brings to the classrooms, while also providing the highest value out of the IT financial plan. Cloud services are being used widely by K-12 and higher education institutions across all major regions. Universities and colleges are implementing cloud-based services for better opportunities and to support more educational applications, as they reduce the overall infrastructure cost for the academic sector.
North America is expected to have the largest market share and dominate the cloud computing in education market from 2015 to 2020. Asia-pacific (APAC) offers potential growth opportunities, as end-users such as schools and universities are implementing cloud services to offer high quality services to help users collaborate, share, and track multiple versions of a document.
However, risks associated with data protection and account management is restraining the growth of the market. The major vendors in the market include IBM, Oracle, Adobe, NetApp, NEC, Ellucian, and VMware among various others. These players adopted various strategies, such as new product developments, mergers, partnerships, collaborations, and business expansion to cater to the needs of the cloud computing in education market.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Cloud Computing In Education Market Analysis, By Service Model
8 Cloud Computing In Education Market Analysis,
9 Cloud Computing In Education Market Analysis, By User Type
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
- Adobe Systems Incorporated
- Amazon Web Services
- Cisco Systems, Inc.
- IBM Corporation
- Microsoft Corporation
- Nec Corporation
- Netapp, Inc.
- Oracle Corporation
- Vmware, Inc.
For more information visit http://www.researchandmarkets.com/research/9d6b99/cloud_computing
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
SOURCE Research and Markets