K-12 IT Infrastructure Spending in the US 2015-2019
Market outlook for the K-12 IT infrastructure spending in the US
Technavios market research analyst expects the K-12 IT infrastructure spending in the US to multiply steadily and post a CAGR of more than 4% during the forecast period. K-12 education in the US is evolving and witnessing significant structural changes, with technology as the key to providing next-generation education systems, which will help prepare students for the future. The strong support from by the government as well as the private sectors by making huge investments in IT infrastructure is further driving the growth of the market.
Increasing demand for personalized learning solutions is one of the primary drivers contributing to the growth of the market. The most essential modules of personalized learning solutions are the Internet and the availability of one-to-one computer systems. Higher authorities in the K-12 education system also agrees that the use of technology in personalized learning systems is helping students to improve their academic performance, hence investment in computer systems and ICT infrastructure will increase significantly, thereby leading to the overall market growth.
Segmentation of the K-12 IT infrastructure spending in the US by technology
IT services Hardware Software The IT services segment held the largest market share, constituting about 62% of the market share during 2014. As the education system in the US transforms, demand for virtualization will also increase, and investments in IT services will scale up during the forecast period.
Competitive landscape and key vendors
The US government has taken several measures to standardize its education sector and to encourage the use of technology while imparting education. As a result, there is a huge market opportunity for the vendors to introduce a wide variety of product offerings and technological innovations to gain a competitive edge in the market and expand their market shares.
The top vendors in the market are -
Apple Cisco Dell Lenovo Other prominent vendors in the market include Acer, Blackboard, Echo360, Educomp, Ellucian, Google, IBM, HP, Jenzabar, Juniper Systems, Promethean World, Smart Technologies, Samsung, SunGard Infrastructure, and Three River Systems.
Growth drivers, challenges, and upcoming trends: K-12 IT infrastructure spending
Technavios market research analysts analyzed upcoming trends such as the increased adoption of cloud-based solutions, which helps in reducing IT costs in schools by providing flexible IT solutions. Cloud computing platform also offers data center facilities that are secure and accessible from a remote location.
This report provides a number of factors contributing to the adoption, limitations, and opportunities of the K-12 IT infrastructure spending in the US. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.
Key questions answered in the report include
What will the market size and the growth rate be in 2019 What are the key factors driving the K-12 IT infrastructure spending in the US What are the key market trends impacting the growth of the K-12 IT infrastructure spending in the US What are the challenges to market growth Who are the key vendors in the K-12 IT infrastructure spending in the US What are the market opportunities and threats faced by the vendors in the K-12 IT infrastructure spending in the US What are the key outcomes of the five forces analysis of the K-12 IT infrastructure spending in the US Technavio also offers customization on reports based on specific client requirement.
K-12 Technology Spend in the US 2015-2019 Education Technology Market in North America 2015-2019 K-12 Education Market in GCC 2015-2019
Technavio Announces the Publication of its Research Report K-12 IT Infrastructure Spending in the US 2015-2019 Technavio recognizes the following companies as the key players in the K-12 IT Infrastructure Spending in the US: Apple, Cisco, Dell and Lenovo Other Prominent Vendors in the market are: Acer, Blackboard, Echo360, Educomp, Ellucian, Google, IBM, HP, Jenzabar, Juniper Systems, Promethean World, Smart Technologies, Samsung, SunGard Infrastructure, and Three River Systems. Commenting on the report, an analyst from Technavios team said: The K-12 education system is significantly encouraging the BOYD movement in US schools mainly within districts that don't receive sufficient funds to invest in education due to tighter budget constraints. With the help of BYOD, schools are encouraging their students to bring smart devices, such as laptops and tablets, to school. According to the report, MOOCs are now available worldwide and MOOCs in the US for K-12 are provided by prestigious institutions, such as MIT and Harvard. Prominent education institutions are opening up to provide education online for primary and high schools in the US. This initiative is encouraging students to enroll on online courses from these prestigious institutions with the help of MOOCs. Further, the report states that the digital literacy rate is not increasing in schools due to lack of adequate training on digital devices and slow adoption of technology for learning processes among faculties and students.