DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/hwqql8/cloud_computing) has announced the addition of the "Cloud Computing in Education Market - Global Forecast to 2020" report to their offering.
The growing demand for a centralized system for the management of academic processes is expected to drive the cloud computing in education market
Cloud computing in the education market is estimated to grow from USD 5.83 billion in 2015 to USD 15.02 billion by 2020, at an estimated Compound Annual Growth Rate (CAGR) of 20.8% from 2015 to 2020. Increased demand for a centralized system for the management of academic processes, competition among academic institutions, mobile learning and the strong need to reduce management burden are the major drivers of cloud computing in education market.
Asia-Pacific (APAC) expected to be grow at the highest CAGR for adoption of cloud services in education sector.
The cloud computing in education market is expected to witness highest growth in APAC followed by Europe. Among various deployment models, community cloud is expected to grow at the highest CAGR from 2015 to 2020. However, public cloud is expected to contribute the largest market share during the forecast period.
Need for efficient management systems will open up new opportunities for cloud service providers in education sector
In next five years, the demand for efficient management systems and improved teaching-learning methods will provide huge growth opportunities to cloud computing in education market. Great emphasis is being laid on Research and Development (R&D) activities to provide safe and secure deployment of cloud technologies in various industry verticals, including education. Many developing nations in APAC and Europe are showing strong willingness for the adoption of cloud technology in education sector.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Cloud Computing In Education Market Analysis, By Service Model
8 Cloud Computing In Education Market Analysis,
9 Cloud Computing In Education Market Analysis, By User Type
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
- Adobe Systems Incorporated
- Amazon Web Services
- Cisco Systems, Inc.
- IBM Corporation
- Microsoft Corporation
- Nec Corporation
- Netapp, Inc.
- Oracle Corporation
For more information visit http://www.researchandmarkets.com/research/hwqql8/cloud_computing