Published Date : Jan 23, 2017
ALBANY, NY, Jan 23, 2016: In a report added by MarketResearchReports.biz, the global cloud computing market in higher education is projected to register a robust CAGR of 24.57% for the forecast period 2016–2020. One of the primary reasons that the market is envisaged to demonstrate a phenomenal performance is the accelerating digitalization in the education sector, especially for higher education, through efforts taken by private firms and governments across the various regions of the world.
Cloud computing finds expansive usage for offering a stock of resources such as computer processing power, data storage, networks, and specified applications. It provides a scalable infrastructure for file storage and numerous applications by allowing public and private networks to connect systems during the employment of computing resources.
The report on the global cloud computing market in higher education has informed its buyers about the most important driving factors and their impact. It particularly highlights the rising productivity and engagement level in the market as a key driver. If the challenges in the market are considered, the analysts have spotted the difficulty in selecting the right solution and its influence in the industry. The report also offers knowledge of the crucial market trends prevailing, out of which, the changing learning environment and its impact have been studied.
The analysts have answered the critical queries of cloud computing vendors operating for the higher education sector. Some of which include about the envisioned market size in 2020 and the growth rate, threats and opportunities encountered by the major companies, and their strengths and weaknesses. The significant players studied in the report are Blackboard, Cisco, Ellucian, and Instructure. EMC, NetApp, Salesforce, and Adobe Systems are the prominent players analyzed in the publication.
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The segmentation of the global cloud computing market in higher education has considered two vital parameters, viz. service and deployment. Under the categorization by service, the report covers indispensable segments such as software as a service (SaaS), infrastructure as a service (IaaS), and platform as a service (PaaS). The analysts have taken into consideration the revenue generated by these three segments for evaluating the market size. For classification by deployment, segments such as public deployment, private deployment, hybrid deployment, and community deployment are considered. The geographical segmentation of the market includes Asia Pacific, North America, Rest of Europe, Western Europe, and Rest of the World.
This detailed market intelligence publication for the world cloud computing market in higher education is compiled based on decisive data provided by industry experts. It seems that the authors of the report have also appreciated the significance of in-depth evaluation of the market. The report serves as a conclusive guideline to help gauge the growth prospects and landscape of the market in the near future.
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