Cloud Computing Market Trends, Price, Demand and Forecasts to 2020

Technavio Announces the Publication of its Research Report Global Cloud Computing Market in Higher Education 2016-2020

Technavio recognizes the following companies as the key players in the global cloud computing market in higher education: Blackboard, Cisco, Ellucian, and Instructure.

Other Prominent Vendors in the market are: Adobe Systems, EMC, NetApp and Salesforce.

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Commenting on the report, an analyst from Technavios team said: Rise of m-education will be a key trend for market growth. Growing adoption of cellphones and tablets by students and faculties have led to the rise of m-learning methods. Vendors in developed countries, such as the US and the UK, are adopting m-learning methods to provide users with real-time access to educational content when required. With the growth of global smartphone shipments from 490 million units in 2011 to 1.43 billion units in 2015, many emerging countries (such as India, New Zealand, and nations in the Middle East and Africa) are amending their educational structures and policies to create a technology-driven learning environment.”

According to the report, increased demand for cloud-based e-learning will be a key driver for market growth. Traditionally, higher education institutions that have embraced digitization have applications built on technology stacks, which are difficult and expensive to manage. Rising cost and resources to manage this infrastructure given the exponential growth of e-learning has led educators to seek on-demand services that enable smooth integration of tools and technologies, improving learning process. Thus, cloud computing is highly advantageous due to its effective service model.

Further, the report states that educational institutions migrating to cloud platform are finding it difficult to integrate cloud-based solution into their...