Global Cloud-based Content Management Services Market for the Higher Education Sector 2016-2020
About Cloud Computing
Cloud computing is being increasingly adopted by educational institutions as it offers flexible and scalable services at nominal costs, such as consumption-based payment models. These exempt educational institutions from investments in outdated hardware and applications and enable them to adapt the latest technologies. In addition, apart from providing numerous client platforms, for both inside and outside educational institutional work, it streamlines processes by standardizing software, offering a shared pool of software applications and services, and providing centralized licensing and updates to the schools. As a result, the lead time involved to develop and implement multifaceted solutions, even without in-house expertise, is significantly less, which improves the learning process cycle.
Technavio’s analysts forecast the global cloud-based content management systems (CMS) market for higher education to grow at a CAGR of 30.03% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global cloud-based content management systems (CMS) market for higher education for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of education content management software solutions that use cloud platforms to higher educational institutions.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Cloud-Based Content Management Systems (CMS) Market for Higher Education 2016-2020
Technavio recognizes the following companies as the key players in the global cloud-based content management systems (CMS) market for higher education: Campus Suite, Ingeniux, OmniUpdate, and Percussion Software.
Other Prominent Vendors in the market are: Hannon Hill, Jadu, Krawler Information Systems, Schoology, White Whale Web Services, and Xyleme.
Commenting on the report, an analyst from Technavio’s team said: “The data captured can then be analyzed for the type of information shared by learners. While understanding the pattern, institutions can update content and upload materials that can help students have a better e-learning experience. The traditional CMS are unable to offer these kind of features and hence cloud-based CMS have been introduced. Cloud CMS that consists of various other features are supporting informal learning for their users. This trend is slowly gaining momentum in the education sector.”
According to the report, rising support toward e-learning will be a key driver for market growth. With the onset of online teaching and learning methods, there has been a greater need for online content creation, management, and delivery. Content management-related activities have been shifted to online learning platforms. Content production specific to the needs of students, teachers, staff, and other parties require particular software, such as LMS, LCMS, and other content authoring tools. As a result, teachers leverage the freedom to create, add, modify, and edit course content from anywhere and anytime according to their work schedule. Institutions that do not possess adequate technical expertise and resources rely on cloud-based services and are able to utilize content-related services.
Further, the report states that many educational institutions are facing a challenge in choosing suitable cloud solutions for the education system. The lack of differentiation among product features offered by vendors is one of the reasons users are confused. In addition, the compatibility differences of the services with the infrastructure available is another drawback. All these factors are cumulatively influencing the decision process of institutions to choose suitable cloud CMS. With a large amount of information available on the internet and the presence of open-source platforms for various software, the decision-making process has become more complex. Choosing the right vendor is a challenge, as many software enterprises and regional core cloud content management vendors have market presence across the globe.
Campus Suite, Ingeniux, OmniUpdate, Percussion Software, Hannon Hill, Jadu, Krawler Information Systems, Schoology, White Whale Web Services, Xyleme.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook