DUBLIN--(BUSINESS WIRE)--The "Global Information and Communications Technology Services in Education Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The information and communications technology services in education market will register a CAGR of over 4% by 2023.
There has been an increased demand for cloud computing in the education segment owing to the significant increase in technological advances in the global education market. School and universities are increasingly focusing on the use of cloud computing to measure the academic growth of students.
Cloud services allow universities to cost-effectively upgrade communication and learning systems without huge capital investments in infrastructure. Thus, there has been a rapid increase in the adoption of cloud services among schools and universities. The increased adoption of cloud computing in schools and universities is expected to drive the demand for ICT services in the education sector, thereby driving the growth of the market.
Rising investments in developing ICT infrastructure
One of the most prominent factors that will likely drive the growth of the market is the significant increase in the number of investments by governments for developing ICT infrastructure across schools and colleges. Governments of developed and developing countries have significantly increased their ICT spending across schools and universities due to the rise in technological advances across the education sector and the growing competition among students.
Data privacy and security risks
Rising student data security and privacy issues associated with outsourced ICT services are major factors hindering the market growth. The threat of cybersecurity is also high in the market. The increasing adoption of security solutions in the industries. The low awareness of cybersecurity among students is another factor that contributes to increased security and data breaches.
The information and communications technology services in the education market is fragmented. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
- Cisco Systems
- Gaia Technologies
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY END-USER
- Comparison by end-user
- PreK-12 - Market size and forecast 2018-2023
- Higher education - Market size and forecast 2018-2023
- Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDS
- Increasing demand for software-defined infrastructure
- Increasing adoption of DevOps in education market
- Rising demand for application outsourcing
PART 11: VENDOR LANDSCAPE
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Cisco Systems
- Gaia Technologies
For more information about this report visit https://www.researchandmarkets.com/research/znfdfq/information_and?w=4