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Cloud Computing in Education Market with Strategic Trends Growth, Revenue, Demand & Future Potential of Industry by 2032

05-03-2023 08:40 AM CET | IT, New Media & Software

Press release from: Analytics Market Research

Cloud Computing in Education Market

Cloud Computing in Education Market

Cloud Computing In Education Sector Market size was valued at USD 23.81 Billion in 2021 and is projected to reach USD 173.62 Billion by 2030, growing at a CAGR of 24.70% from 2022 to 2030.

Due to the growing usage of learning analytics, the global market for cloud computing in the education sector has grown rapidly. Another factor is the increasing acceptance of mobile technology over time. Globally, academic institutions are using mobile learning more and more. The market is comprehensively evaluated in the report on the global cloud computing in education sector market. The research provides a thorough analysis of the market's key segments, trends, drivers, restraints, competitive environment, and other important elements.

Global Cloud Computing In Education Sector Market Overview

A centralised system for managing academic processes is increasingly in demand, which is what drives the global market for cloud computing in education. In the current technological era, every educational institution-from kindergarten to graduate schools-uses IT technologies and services to centrally manage their various business processes, including student admissions, registration, and management of students, faculty, courses, and libraries, among others. For academic institutions, the advancement of cloud computing has brought about a number of additional advantages, such as better student-institution collaboration, better innovation and learning, higher educational outcomes, supervisory efficiency, better information exchange, and improved student consultation.

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With the advancement of connectivity, academic institutions, students, and teachers are increasingly well-equipped with mobile communication devices. They can access management emails, track their progress, and more thanks to mobile devices and fast cloud connectivity. The fact that mobile technology is gaining popularity as time goes on is another motivator. Due to the expanding use of portable devices like smartphones, tablets, and related technologies in educational settings, academic institutions worldwide are increasingly using mobile learning. In developed economies, it is becoming acceptable for students to bring their cellphones to class due to increased support for Bring Your Own Device (BYOD) policies and a reliable IT infrastructure.

There are several benefits of cloud computing for schooling. Large suppliers are quickly implementing cloud technology to enhance the services they offer. On the other hand, the cloud is becoming the best alternative for students. Nothing compares to the convenience of having knowledge at your fingertips, and cloud computing makes this possible. Whether a giant organisation, a small school, or a student, everyone in the industry is benefiting from the cloud, and things will continue to get better and bigger in the future.

Growth Influencers:

SaaS-based cloud platforms are being used more and more in higher education.

SaaS-based cloud solutions are now being adopted more widely across numerous industries. During the COVID-19 epidemic, usage of these platforms in the higher education industry grew quickly. This is because many institutions have had to reassess the viability of their technological stack as a result of the shift to virtual learning. Additionally, a number of benefits linked to SaaS-based platforms are anticipated to spur market expansion. These advantages include reduced demands on IT and capacity restrictions, increased adaptability to needs, improved cooperation, decreased downtime, data recovery, increased security, and predictable monthly costs. As a result, it is predicted that rising usage of SaaS-based cloud platforms in higher education will propel market expansion.

Segmentation:

By Component:

· Infrastructure as a Service (IaaS)

· Platform as a Service (PaaS)

· Software as a Service (SaaS)

By Application:

· K-12 Schools

· Higher Education

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Geography:

The cloud computing market in education is a global market and is growing rapidly across all regions. However, North America is currently dominating the cloud computing in education market due to the high adoption of cloud computing technologies in educational institutions and the availability of advanced IT infrastructure in the region. North America is expected to continue dominating the cloud computing in education market in the coming years, followed by Europe and Asia-Pacific regions. This is due to the increasing investment in educational technology and cloud computing solutions by governments, the rising demand for e-learning solutions, and the growing trend towards online and distance education programs. However, with the increasing adoption of cloud-based technologies and the digital transformation of education, other regions are expected to experience significant growth in the cloud computing in education market in the coming years.

Company Profiles:

· Amazon Web Services

· Microsoft Azure

· IBM

· Aliyun

· Google Cloud Platform

· Salesforce

· Rackspace

· SAP

· Oracle

· Dell EMC

· Adobe Systems

· Verizon Cloud

· NetApp

· Baidu Yun

· Tencent Cloud

· Blackboard

Global Cloud Computing in Education Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Cloud Computing in Education market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?

The global Cloud Computing in Higher Education market report answers questions such as:

What is the market size and forecast of the Global Cloud Computing in Higher Education Market?
What are the inhibiting factors and impact of COVID-19 on the Global Cloud Computing in Higher Education Market during the assessment period?
Which are the products/segments/applications/areas to invest in over the assessment period in the Global Cloud Computing in Higher Education Market?
What is the competitive strategic window for opportunities in the Global Cloud Computing in Higher Education Market?
What are the technology trends and regulatory frameworks in the Global Cloud Computing in Higher Education Market?
What is the market share of the leading players in the Global Cloud Computing in Higher Education Market?
What modes and strategic moves are considered favorable for entering the Global Cloud Computing in Higher Education Market?

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About Us

Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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