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Cloud Computing in Higher Education Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2030

Global Cloud Computing in Higher Education Market- (By Institute Type- Universities, Technical schools, Ivy League Schools (Universities) and Community Colleges; By Ownership- Public Institutes and Private Institutes; By Application- Administration, Content/ Document Storage & Management, Unified Communication (Email, video conferencing/ seminars) and Others; By Deployment- Private Cloud, Public Cloud, Hybrid Cloud and Community Cloud; and By Region) - Industry Dynamics, Market Size and Opportunity Forecast, 2030

  • Published On: 05-Apr-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA0221072
    Delivery: 2 to 4 Hours
INFOGRAPHIC:
Cloud Computing in Higher Education Market

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REPORT SCOPE

Market Size Value in 2021US$ 2,693.5 Mn
Expected Revenue in 2027US$ 15,180.1 Mn
Historic Data2016-2020
Base Year2021
Forecast Period2022-2030
UnitValue (USD Mn)
CAGR22% (2022-2030)
Segments coveredBy Institute Type, By Ownership, By Application, By Deployment, By Region
Key Companies                                                            Dell EMC, Oracle Corporation, Adobe, Inc., Cisco Systems, Inc., NEC Corporation, Microsoft Corporation, IBM Corporation, Salesforce.com, Netapp, Ellucian Company L.P., Vmware, Inc and Alibaba Group among others
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FREQUENTLY ASKED QUESTIONS

Advancements in cloud computing have provided academic benefits such as better improved learning and innovation, higher student success, better knowledge sharing and creative thinking among students.

Cloud computing in higher education centrally manages the various business processes such as student and course management, helps teachers in uploading learning materials, students to access their homework, administrators to easily collaborate with each other and library management among others.

The global cloud computing in higher education market is studied from 2016-2030. 

The growth rate of the global cloud computing in higher education market is 22%. 

North America held the major share in terms of revenue, in the global cloud computing in higher education market in 2021. 

Factors such as increasing adoption of SaaS based cloud platforms in higher education, increasing adoption of e-learning, increasing IT spending on cloud infrastructure in education and increasing application of quantum computing in education sector drives the growth in the global cloud computing in higher education market.

Cybersecurity and data protection risks, lack of compliance to the SLA and legal and jurisdiction issues is a restraining factor which inhibits the growth of the market during the forecast period.

Institute type, ownership, application, deployment and region are the different segments of the global cloud computing in higher education market. 

The private institutes segment is anticipated to hold the largest market share in 2021 owing to increasing funding in private institutes for adoption of cloud computing services.

India is expected to project the highest CAGR in the Asia Pacific cloud computing in higher education during the forecast period owing to potential growth opportunities in the region. 

Germany held the major share in the Europe market in 2021 because there is high focus on innovations obtained from research & development and technology adoption in the region. 

The key players operating in the market include Dell EMC, Oracle Corporation, Adobe, Inc., Cisco Systems, Inc., NEC Corporation, Microsoft Corporation, IBM Corporation, Salesforce.com, Netapp, Ellucian Company L.P., Vmware, Inc and Alibaba Group among others.