Global Cloud Computing in Higher Education Market is a latest research study released by Absolute Markets Insights evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides crucial statistics on the market status of the leading Cloud Computing in Higher Education market players and offers information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Cloud Computing in Higher Education Market. The report uses effective graphical presentation techniques, such as graphs, charts, tables as well as pictures for better understanding.
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In terms of revenue, the global cloud computing in higher education market was estimated to be US$ 7565.74 Mn in 2018 and is expected to reach US$ +53,487.89 Mn by 2029 growing at a CAGR of +25.4% over the forecast period. The study analyzes the market in terms of revenue across all the major regions, which is further bifurcated into countries.
Key Players Influencing the Cloud Computing in Higher Education Market: Cisco Systems, Inc., Ellucian Company L.P., Google LLC, Huawei Technologies Co., Ltd., IBM Corporation, Jenzabar, Inc., Microsoft, NEC Enterprise Solutions, Oracle, Salesforce.com, Inc., VMware, Inc., and Workday, Inc. amongst others.
The documented report aims to offer an organized and methodical strategy for important aspects that have affected the market in recent years and future market opportunities that companies can trust. It gives readers clear market research for better judgment and better decision making on whether or not to invest. The report provides an analysis and overview of the future dynamics with an in-depth analysis of the most important players that are likely to contribute to the growth of the global Cloud Computing in Higher Education market during the forecast period. The market report also provides a correct assessment of the company strategies and business models that companies implement to stay in the market and lead. Some of the most important steps companies are taking are mergers and acquisitions, partnerships and collaborations to expand their regional and global reach. In addition, the players are also launching a new range of products to enrich their portfolio by using the latest technology and implementing them in their company. The report is updated with the impact of the currently unfolding COVID-19 pandemic. The pandemic has dynamically affected the key segments of the market and has changed the growth pattern and demands in the Cloud Computing in Higher Education Market. The report covers extensive analysis of these changes and provides an accurate forecast estimation of the market growth after the impact of the pandemic.
Cloud computing in higher education market has witnessed a significant growth and projected to exhibit a tremendous growth during the forecast period. The notion of cloud computing generally involves delivering various types of services, right from software and analytics to safe and secured data storage and networking resources over the internet. In education sector, cloud computing is among the most adoptable technologies as it enables education institutions to facilitate their staff and students so as to achieve academic responsibilities with respect to their requirements. The amount of data hosted by various educational institutions is constantly increasing which is pushing them to utilize various forms of cloud deployments, such as public, private, community and hybrid cloud, based on computing requirements and infrastructure investments. Institutions offering higher education programs are rapidly moving towards opting cloud computing services as it assists in liberating students from lecture halls, desks and textbooks to enable more collaborative educational experiences. In addition, a large number of education institutions are utilizing cloud computing services in one form or another, but there are relatively few institutions that have moved beyond adopting cloud-based software (known as software as a service, or SaaS) to cloud-based infrastructure and platforms (IaaS and PaaS, respectively).
Cloud computing in higher education market is expected to gain momentum in North America, followed by Europe and Asia Pacific region. The growth is due to the willingness of education institutions to adopt advanced technologies in education system to deliver enhanced experiences to staff, students, administrators, and researchers. In addition, North America is enriched with the presence of major educational institutions, including Harvard University, Massachusetts Institute of Technology, University of California-Berkeley, Stanford University, University of Oxford, and University of Cambridge amongst others. These universities gather a massive volume of personal information from students and parents, which requires to protect the information infrastructure, that includes personal information of students and staff, intellectual property, and security information amongst others. Furthermore, European region lacks the number of cloud players and data infrastructure to serve government agencies and educational institutions. This factor has generated opportunities for major global cloud service providers to fill the void with expansion across Europe. For instance, in 2018, Amazon Web Services, Inc. established new data centers in Sweden. Similarly, Microsoft announced to build data centers in Norway, Germany and Switzerland with an aim to bridge the gap of cloud services in this region. In addition, technology titan Alibaba also expanded its footprints in Europe by opening new data centers in the U.K. Thus, such factors are anticipated to propel the cloud computing in higher education market demand.
Cloud Computing in Higher Education Market
By Service Model
- SaaS (Software as a Service)
- PaaS (Platform as a Service)
- IaaS (Infrastructure as a Service)
By Deployment Mode
- Private Cloud
- Public Cloud
- Hybrid Cloud
- Community Cloud
By Applications
- Administration and Management
- Facilities Management
- Students Admissions
- Human Resource Management
- Accounting Tools
- Alumni Relationship Management
- Fundraising, Grant and Awards Management
- Other Operations
- Smart Classroom
- Instructor Led Training
- Distance Learning and Blended Learning
- Surveillance and Security
- Others
By End User
- Private Educational Institutions
- Public Educational Institutions
By Region:
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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