Global ICT investment trends in Education Market Projected To Grow At a Steady CAGR during Forecast Period 2022

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The latest intelligence on the ICT investment trends in education market is available in the Global ICT investment trends in education Market Research report. This report is a culmination of the key events from last decade to present day, and helps to formulate the best strategy catered to both established market players and new entrants.

A bird’s eye view of the ICT investment trends in education industry made available in the report helps readers to understand the key drivers, restraints, challenges, and opportunities that are shaping the global ICT investment trends in education market. Furthermore, the report evaluates challenges experienced from buyers and sellers side. The report offers advice from key industry experts on how these challenges can be overcome.

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ICT investment trends in education presents the findings from a survey of 124 educational institutions regarding their Information & Communications Technology (ICT) investment trends. The survey investigates how institutions currently allocate their ICT budgets across the core areas of enterprise ICT expenditure: hardware, software, IT services, communications, and consulting. The report illustrates the core technologies that institutions are investing in, including enterprise applications, security products, IoT, and cloud computing. The survey also highlights the approach to purchasing technology adopted by educational institutions. Through Researcher’s survey, the report aims to provide a better insight to ICT vendors and service providers when pitching their solutions to educational institutions. The report focuses educational institutions’ ICT expenditure trends for specific business areas and technologies, identifying the top three IT projects, and understanding the business challenges faced by institutions.

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Considering hardware investment trends, network equipment is the main technology area leading to investments that provide students with virtual learning environments (VLE) and improve institutions’ connectivity capabilities. With software, the need to support new creative and interactive methods of teaching are the key factors influencing spending.
Network upgrades appear to be a common theme throughout budget plans, with network services being the area experiencing the most spending within telecommunications budgets. Privacy and security services is the most important area of spend within the IT services budget, primarily determined by the need to expand organizations’ network and connectivity capabilities whilst ensuring security and the protection of data.

Table of Contents:

• 1 Trends in ICT budgets
• Introduction
• Survey demographics
• ICT budget changes
• ICT budget allocation by core technology area
• Hardware budget breakdown
• Software budget breakdown
• Third party IT services expenditure
• Communications expenditure
• Cloud computing budget
• ICT budget allocation by function
• Outsourced IT functions
• ICT investment priorities and vendor satisfaction
• Introduction
• Enterprise applications
• Security products
• IoT
• Cloud computing
• ICT procurement trends
• Introduction
• Business objectives influencing IT investment strategy
• ICT provider selection
• Key decision maker for purchasing technology
• Sector-specific trends
• Introduction
• IT expenditure plans for specific technology areas
• Technology areas receiving the largest investments
• Business challenges
• Summary
• Technology holds a vital role within a classroom providing a more interactive educational experience
• Appendix
• Definitions
• Further reading
• Contact the authors

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