Cloud Computing Market in K-12 in the US 2016-2020
Market outlook of the cloud computing market in K-12 in the US
Technavio’s market research analyst predicts that the cloud computing market in K-12 in the US will grow at a remarkable CAGR of around 24% by 2020. The growing need to integrate up-to-date technologies in educational institutions will lead to the alteration of traditional teaching methodologies. This alteration of the traditional teaching methodologies will result in the augmented adoption of cloud computing services as it plays a vital role in reducing the costs of building and maintaining the infrastructure associated with the traditional form of teaching.
Reduction in the total cost of ownership is the primary growth driver for this market. Since cloud computing solutions simplify the creation and management of on-premise systems, education organizations can solely focus on the teaching process. The ability of cloud-based solutions to outsource work to third-party service providers rather than the end-user will result in its augmented adoption during the predicted period.
Competitive landscape and key vendors
The cloud computing market in K-12 in the US is highly fragmented owing to the presence of numerous small, medium, and large players. The vendors in this market continually strive to provide innovative features to consumers as it helps them to increase their market share. This market is also expected to witness the entry of numerous pure-play vendors and local cloud vendors, which in turn will lead to increased market competition during the forecast period.
The top six vendors in the market are-
Technavio Announces the Publication of its Research Report – Cloud Computing in K-12 in the US 2016-2020
Technavio recognizes the following companies as the key players in the Cloud Computing in K-12 in the US: Adobe, Cisco, EMC, NetApp, Salesforce.com and SAP
Other Prominent Vendors in the market are: IBM, KoçSistem, Google, Microsoft, Rackspace, and Amazon Web Services.
Commenting on the report, an analyst from Technavio’s team said: “The use of cloud computing is growing in K-12 classrooms in the US primarily because education organizations are concentrating on cost-effective solutions for the deployment of applications and data centers. Increased adoption of hybrid cloud and growing use of virtualization are among the positive trends prevalent in the market, which are expected to support the growth of the market.”
According to the report, educational institutions no longer need to invest in maintaining and supporting the infrastructure required to provide quality education. The offerings from cloud computing simplify creating and managing on-premises systems and related infrastructure, allowing education organizations to focus on the teaching process. In this model, the maintenance and operation cost, infrastructure cost, updates, and associated risks are handled by the third-party service providers rather than the end-users. This will help in reducing the overall cost of ownership.
Further, the report states that though K-12 educational institutions in the US prefer the public cloud, the private cloud has also gained considerable market share because of benefits such as higher security and control over the cloud platform by decision makers.
Adobe, Cisco, EMC, NetApp, Salesforce.com, SAP, IBM, KoçSistem, Google, Microsoft, Rackspace, Amazon Web Services.