Published on : Oct 04, 2016
ALBANY, New York, Oct 04, 2016: ResearchMoz.us has announced the addition of a new report, titled “Global Cloud Computing Market in Higher Education 2016-2020” to its offering. This study deploys a detailed assessment of the market and throws light on the key dynamics influencing the growth of the market for cloud computing in higher education. The trends impacting the development of this market and the opportunities in the market have also been highlighted through this study. The prime outcomes of the five forces evaluation and the top trends impacting the shares of top regions have also been elaborated upon through this study.
The first part of the study throws light on the overview of the market, encapsulating the top highlights, drivers, challenges, and their impact on the development of the cloud computing market in higher education. This market is predicted to rise at a remarkable CAGR of over 24% by 2020. Cloud computing is the employment of computing resources under which the systems are being connected by private or public networks in order to present scalable infrastructure for storing files and applications. A number of private and government organizations are encouraging education digitization by the use of numerous non-monetary and monetary initiatives, thus boosting the use of cloud computing in higher education.
As stated in the report, the increasing demand for digitalization and online content development is a key factor boosting the growth of the market. In addition, the huge cost involved in e-learning tools will raise the requirement for cloud computing in higher education. On the other hand, the difficulty faced in choosing the right cloud computing solution may hamper growth of the cloud computing market in higher education.
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In the following part of the study, the segmentation of the market has been presented. On the basis of service, the report categorizes the market into infrastructure as a service (IaaS), software as a service (SaaS), and platform as a service (PaaS). Amongst these, the segment of SaaS led the market in 2015 with a share of over 52%. This is owing to the fact that SaaS applications directly run on a web browser and thus doesn’t need any installations or software downloads.
On the basis of deployment, the report segments the cloud computing market in higher education into public, private, hybrid, and community. Amongst these, the segment of public deployment is poised to take a share of over 54% in the market by 2020 and is thus predicted to lead the market all through the forecast period.
Geographically, the report categorizes the market into North America, Asia Pacific, Western Europe, Rest of Europe, and Rest of the World (RoW). Amongst these, North America represented a share of approximately 43% in the market in 2015. This is due to the growing implementation of cloud computing solutions in email systems and education institutions for enhancing the quality of education in this region.
The prominent vendors in the cloud computing market in higher education are Blackboard, Cisco Systems, Instructure, and Ellucian, Adobe Systems, EMC, and Salesforce, among others, as per this study.
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