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DUBLIN, Feb. 14, 2022 /PRNewswire/ -- The "Global Cloud Computing in Higher Education Market" report has been added to ResearchAndMarkets.com's offering.

The global Cloud Computing in Higher Education market held a market value of USD 2,182.4 Million in 2020 and is forecasted to reach USD 8,779.1 Million by the year 2027. The market is anticipated to register a CAGR of 22% over the projected period.

Cloud computing in higher education assists teachers, administrators, and students in their education related activities. It helps teachers for uploading learning materials, students to access their homeworks, and administrators to easily collaborate with each other and save money on data storage. Increasing adoption of SaaS based cloud platforms in higher education and growing adoption of e-learning is anticipated to boost the market growth. Furthermore, rising IT spending on cloud infrastructure in education coupled with increasing application of quantum computing in education sector is also expected to fuel the market growth.

Despite the driving factors, cybersecurity and data protection risks are estimated to restrain the market growth. Also, lack of compliance to the SLA and legal & jurisdiction issue is estimated to negatively hamper the market growth. Furthermore, rigid design of cloud-based systems is also expected to hinder the market growth during the forecast period.

Growth Influencers:

Increasing adoption of SaaS based cloud platforms in higher education

Adoption of SaaS based cloud platforms have increased in many industries. In the higher education sector, adoption of these platforms increased rapidly during the COVID-19 pandemic. This is because the transition to virtual learning has driven many institutions for reevaluate the longevity of their technology stack. Furthermore, various advantages associated with SaaS based platform are expected to boost the market growth. These benefits include fewer IT demands & constraints on capacity, greater flexibility to meet needs, enhanced collaboration, less down time, data recovery, enhanced security, and predictable monthly expenses. Therefore, increasing adoption of SaaS based cloud platforms in higher education is estimated to fuel the market growth.

Regional Overview:

Based on region, the global Cloud Computing in Higher Education market is divided into Europe, North America, Asia, Middle East, Africa, and South America.

The North America region is expected to hold the largest market share of around 29% owing to the rising adoption of technologically advanced products in the U.S. and Canada. The Asia Pacific region is anticipated to witness the fastest growth rate of around 26.6% owing to growing awareness regarding cloud computing technologies in the region.

Competitive Landscape:

Key players operating in the global Cloud Computing in Higher Education market include Adobe Systems, Inc., Alibaba Group, Cisco Systems, Inc., International Business Machines (IBM) Corporation, Netapp, Oracle Corporation, NEC Corporation, Microsoft Corporation, VMware, Inc., Amazon Web Services, Inc., Ellucian Company L.P., Dell EMC, Salesforce.com, SAP, and Blackboard, among others.

The approximate market share of the top 4 players is near about 61%. These market players are engaged in mergers & acquisitions, collaborations, and new product launches to strengthen their market presence. For instance, in August 2021, Oracle was appointed by the Ministry of Electronics and Information Technology, Government of India (MeitY) for providing empanelled cloud infrastructure solutions.

The global Cloud Computing in Higher Education market report provides insights on the below pointers:

The global Cloud Computing in Higher Education market report answers questions such as:

Key Topics Covered:

Chapter 1. Research Framework

Chapter 2. Research Methodology

Chapter 3. Executive Summary: Global Cloud Computing in Higher Education Market

Chapter 4. Global Cloud Computing in Higher Education Market Overview4.1. Industry Value Chain Analysis4.1.1. Software Developers4.1.2. Technology Integrators4.1.3. Service Providers/Owners4.1.4. End-User4.2. Technology Lifecycle4.2.1. Early Adopters & Pioneers use cases 4.2.2. Digital Transformation Trend and Impact of Market Growth4.3. Porter's Five Forces Analysis4.3.1. Bargaining Power of Suppliers4.3.2. Bargaining Power of Buyers4.3.3. Threat of Substitutes4.3.4. Threat of New Entrants4.3.5. Degree of Competition4.4. PEST Analysis4.5. Market Dynamics and Trends4.5.1. Growth Drivers4.5.2. Restraints4.5.3. Challenges4.5.4. Key Trends4.6. Competition Dashboard4.6.1. Market Concentration Rate4.6.2. Company Market Share Analysis (%), 20204.6.3. Competitor Mapping4.7. Pricing Analysis

Chapter 5. Cloud Computing in Higher Education Market Analysis, By Institute Type5.1. Key Insights5.2. Market Size and Forecast, 2017 - 2027 (US$ Mn)5.2.1. Universities5.2.2. Technical Schools5.2.3. Ivy League Schools (Universities)5.2.4. Community Colleges & Others

Chapter 6. Cloud Computing in Higher Education Market Analysis, By Ownership6.1. Key Insights6.2. Market Size and Forecast, 2017 - 2027 (US$ Mn)6.2.1. Public Institutes6.2.2. Private Institutes6.2.3. Corporate Learning

Chapter 7. Cloud Computing in Higher Education Market Analysis, By Application7.1. Key Insights7.2. Market Size and Forecast, 2017 - 2027 (US$ Mn)7.2.1. Administration7.2.1.1. Payments7.2.1.2. Calendar (Scheduling & Planning)7.2.1.3. Identity and Access Management7.2.2. Content/Document Storage & Management7.2.3. Unified Communication (Email, video conferencing/seminars)7.2.4. Others

Chapter 8. Cloud Computing in Higher Education Market Analysis, By Deployment8.1. Key Insights8.2. Market Size and Forecast, 2017 - 2027 (US$ Mn)8.2.1. Private Cloud8.2.2. Public Cloud 8.2.3. Hybrid Cloud 8.2.4. Community Cloud

Chapter 9. Global Cloud Computing in Higher Education Market Analysis, By Geography

Chapter 10. North America Cloud Computing in Higher Education Market Analysis10.1. Key Insights10.2. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Institute Type10.3. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Application10.4. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Ownership10.5. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Deployment10.6. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Country

Chapter 11 Europe Cloud Computing in Higher Education Market Analysis11.1 Key Insights11.2. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Institute Type11.3. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Application11.4. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Ownership11.5. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Deployment11.6. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Country

Chapter 12 Asia Pacific Cloud Computing in Higher Education Market Analysis12.1 Key Insights12.2. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Institute Type12.3. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Application12.4. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Ownership12.5. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Deployment12.6. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Country

Chapter 13 South America Cloud Computing in Higher Education Market Analysis13.1 Key Insights13.2. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Institute Type13.3. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Application13.4. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Ownership13.5. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Deployment13.6. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Country

Chapter 14 Middle East Cloud Computing in Higher Education Market Analysis14.1 Key Insights14.2. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Institute Type14.3. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Application14.4. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Ownership14.5. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Deployment14.6. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Country

Chapter 15 Africa Cloud Computing in Higher Education Market Analysis15.1. Key Insights15.2. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Institute Type15.3. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Application15.4. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Ownership15.5. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Deployment15.6. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Country

Chapter 16. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Business Strategy Outlook) *16.1. Adobe Systems, Inc.16.2. Alibaba Group16.3. Cisco Systems, Inc.16.4. International Business Machines (IBM) Corporation16.5. Netapp16.6. Oracle Corporation16.7. NEC Corporation16.8. Microsoft Corporation16.9. VMware, Inc.16.10. Amazon Web Services, Inc.16.11. Ellucian Company L.P.16.12. Dell EMC16.13. Salesforce.com16.14. SAP16.15. Blackboard

For more information about this report visit https://www.researchandmarkets.com/r/lygcly

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Global Cloud Computing in Higher Education Market to 2027 - by Institute Type, Application, Ownership, Deployment and Region - PRNewswire