U.S. Education Market Embraces Wireless With Spending Expected to Reach $6.8 Billion by End of 2014, Says Compass Intelligence

SCOTTSDALE, Ariz., Sept. 22 /PRNewswire/ -- According to new research from CompassIntelligence.com, Education institutions in the U.S. will spend roughly $6.8 billion annually on wireless products and services by 2014, which represents a Compound Annual Growth Rate of 5.2%. This year, K-12 and Higher Education institutions are expected to spend an estimated $5.7 billion on wireless services and equipment.  Boosted by the growth in wireless data and mobile applications that are utilized in the classroom, wireless is becoming an important IT component of schools and campuses across the nation.  This includes areas such as mobile data, mobile devices (smartphones, handheld devices), and wireless voice services.  

Technology and mobility use for classroom instruction and interactive learning is becoming an exciting new trend in both K-12 and Higher Education, outside of traditional administrative and general communications use.  College campuses are enticing students by providing students with devices such as eReaders, smartphones, and embedded mobile broadband devices with WiFi upon entry into the universities.  "Compass Intelligence expects continued use of mobile devices in the classroom including eReaders, smartphones, handheld mobile data devices, and embedded wireless tablets," says Stephanie Atkinson, Managing Partner at Compass Intelligence.   Compass Intelligence also expects a high growth in free and licensed mobile applications to be made available for students to download on their mobile devices for use in the classroom and for learning.

This research is part of Compass Intelligence's Education Vertical subscription service.  Highlights of a survey conducted in 2Q 2010 with 50+ Education IT decision-makers are displayed below:  

• 30.6% of Education IT decision-makers say their wireless data services increased from last year to this year, which was higher than all other industries who also participated in the survey.
• In terms of priorities for upcoming budgets, Computer Systems, Data Security, and Website/Web Infrastructure are at the top of the priority list for Education.
• 72% believe the following statement is True this year, "It seems like my company/organization is more focused on improving the productivity of existing staff RATHER than 'hiring' new workers in the U.S."

Compass Intelligence is offering discounts of 25% on all subscriptions purchased through the end of 2010.  Please contact [email protected] to learn more.

To learn more about Compass Intelligence's Education subscription and to get access to a free download on the market, click here: http://tinyurl.com/2b3shej

About Compass Intelligence

Compass Intelligence, a global consulting and market analytics firm, specializes in segment and vertical market intelligence for the high-tech and telecom industries; and offers clients a tailored research experience through excellent customer support. Compass Intelligence provides subscriptions and research reports, insight videos, forecasts, competitive analysis, market data and expert recommendations on multiple markets. Find us on http://www.compassintelligence.com or follow us on Twitter (CompassIntel).

SOURCE Compass Intelligence