Global Cloud Computing Market in K-12 Education Sector 2018-2022
About Cloud Computing
Cloud computing refers to storing and accessing data, information, and programs over the Internet instead of a computer's storage or hard drives. It is often the delivery of on-demand computing resources, including applications and data centers over the Internet on a pay-for-use basis. Cloud computing is finding significant applications in the education sector, given the several benefits it offers to different stakeholders, including teachers, students, and other administrative staff members.
Technavio’s analysts forecast the global cloud computing market in K-12 education sector to grow at a CAGR of 27.47 % during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global cloud computing market in K-12 education sector for 2018-2022. To calculate the market size, the report considers the revenue generated from the cloud computing market in K-12 education sector.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Cloud Computing Market in K-12 Education Sector 2018-2022
Technavio recognizes the following companies as the key players in the global cloud computing market in K-12 education sector: Adobe Systems, Amazon, Cisco, Dell, IBM, and Microsoft
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Integration of IoT with cloud computing. The Internet of Things (IoT) and cloud computing have evolved independently as powerful technologies in the education sector. However, integration of both the technologies is expected to open new avenues for educational institutes across the world, creating effective learning environments for students. Nextgeneration students are increasingly adopting experiential learning. The education system faces several challenges such as developing innovative curriculum reflecting radical shifts in the technology, and augmenting the learning experience to gain students' interest. These challenges can be resolved by the integration of cloud computing with IoT.”
According to the report, one of the major drivers for this market is Increasing adoption of e-learning. E-learning has transformed the delivery of training and lectures in various schools across the world. The growing digitization and mushrooming startups offering MOOCs are expected to augment the demand for e-learning. This enables faculties and teachers to upload assignments, journals, notes, and tests on various online platforms, in turn, increasing the need for safe and secure online.
Further, the report states that one of the major factors hindering the growth of this market is Data privacy and safety concerns. Data privacy and safety concerns pertaining to the adoption of cloud-based services are the key challenges to the growth of the global cloud computing market in the K-12 education sector. K-12 schools use cloud-based services to store confidential information about students and teachers. Some of these services are often controlled by various solution vendors without giving complete access to educational systems, in turn, increasing the concerns regarding data theft or security breach. Moreover, there are high chances of data manipulation, misuse, or information leaks.
Adobe Systems, Amazon, Cisco, Dell, IBM, and Microsoft