Home Latest Information and communications know-how companies in training market dimension to develop by USD 41.71 billion from 2021 to 2026; Growth pushed by rising emphasis on cloud computing – Technavio

Information and communications know-how companies in training market dimension to develop by USD 41.71 billion from 2021 to 2026; Growth pushed by rising emphasis on cloud computing – Technavio

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Information and communications know-how companies in training market dimension to develop by USD 41.71 billion from 2021 to 2026; Growth pushed by rising emphasis on cloud computing – Technavio

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NEW YORK, March 21, 2023 /PRNewswire/ — The information and communications technology services in education market dimension is estimated to develop by USD 41.71 billion from 2021 to 2026 at a CAGR of 5.32% in line with Technavio. The progress of the market is pushed by elements reminiscent of rising emphasis on cloud computing, rising investments in growing ICT infrastructure, and the rising demand for ICT outsourcing companies. Technological advances have led to a rise within the adoption of cloud-based options within the training sector. Cloud computing permits faculties and universities to measure the tutorial progress of scholars, as most cloud-based purposes provide built-in analytics. Cloud computing applied sciences reminiscent of infrastructure as a Service (IaaS), software program as a service (SaaS), and Platform as a Service (PaaS) present enhanced information safety and information storage companies. They additionally present enhanced accessibility in addition to agility, and ease of service. Many such advantages are rising the adoption of cloud-based options within the training sector, which is driving the expansion of the market. To perceive extra in regards to the data and communications know-how companies in training market, request a sample report

Technavio has announced its latest market research report titled Global Information and Communications Technology Services in Education Market

Technavio has introduced its newest market analysis report titled Global Information and Communications Technology Services in Education Market

Information and Communications Technology Services in Education Market Insights –

  • Vendors: 15+, together with AdEPT Technology Group plc, Adobe Inc., Bell Techlogix, Cisco Systems Inc., D2L Corp., Fujitsu Ltd., Gaia Technologies Plc, Infosys Ltd., International Business Machines Corp., Joskos Solutions Ltd., Microsoft Corp., Mindtree Ltd., NetApp Inc., Oracle Corp., Systems Engineering, Tata Consultancy Services Ltd., Zunesis Inc., amongst others

  • Coverage: Parent market evaluation; key drivers, main traits, and challenges; buyer and vendor panorama; vendor product insights and up to date developments; key distributors; and market positioning of distributors

  • Segments: End-user (PreK-12 and Higher training) and Geography (North America, Europe, APAC, Middle East and Africa, and South America)

Information and Communications Technology Services in Education Market – Major Challenges

  • Data privateness and safety dangers

  • Lack of expert IT professionals in academic institutes

  • System integration and interoperability points

Many college students are much less conscious of the danger of cyberattacks and information loss. Hence, the specter of cybersecurity is excessive available in the market. Students typically lack the essential information of elementary security pointers whereas working with ICT applied sciences. This makes them susceptible to cyberattacks on social media and different on-line platforms. Thus, it’s crucial for academic institutes to guard scholar information by using efficient information safety options.

Drivers, traits, and challenges have an effect on market dynamics, which may affect companies. Find more insights in a sample report!

Information and Communications Technology Services in Education Market – Regional Analysis

The report analyzes the expansion of the market throughout areas reminiscent of North America, Europe, APAC, Middle East and Africa, and South America. North America will account for 34% of the market progress through the forecast interval. The area is witnessing a big improve in investments within the growth of ICT infrastructure throughout academic establishments. Also, the variety of outsourcing companies within the training sector has been rising within the area. Furthermore, the robust presence of many native and worldwide gamers is driving the expansion of the data and communications know-how companies in training market in North America.

Information and Communications Technology Services in Education Market – Vendor Analysis

The world data and communication know-how companies in training market is fragmented. The area has a wholesome mixture of each regional and worldwide distributors. The distributors available in the market are competing by way of modern ICT companies and repair supply strategies. They are providing a number of value-added companies to academic establishments to take care of their competitiveness. The excessive concentrate on inorganic progress by means of the acquisition of recent manufacturers, collaborations, and partnerships and the rise in natural progress through new product launches will intensify the competitors available in the market. Some of the important thing distributors lined within the report consists of:

  • AdEPT Technology Group plc – The firm affords options for data and communications know-how companies in training with small teams or people that may work with 3D environments and pictures on desktop PCs or laptops. The firm affords this service beneath the model identify Education Security Solutions.

  • Adobe Inc. – The firm affords options for data and communications know-how companies in training with instruments that empower college students to suppose creatively and talk expressively, to allow them to flip their classroom concepts into school and profession alternatives. The firm affords this service beneath the model identify Creative cloud for training.

  • Bell Techlogix – The firm affords options for data and communications know-how companies in training by offering craft know-how applications that match varying-sized budgets. Also, the corporate affords a number of software program licensing sorts, digital curriculum, LMS and administration system methods for optimum procurement, implementation, and s, upport. These companies are supplied by the corporate beneath the model identify Bell Techlogix.

The data and communications know-how companies in training market report supplies essential data and factual information, with a qualitative and quantitative research of the market primarily based on market drivers and limitations in addition to future prospects.

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What are the important thing information lined on this data and communications know-how companies in training market report?

  • CAGR of the market through the forecast interval

  • Detailed data on elements that can drive the expansion of the data and communications know-how companies in training market between 2022 and 2026

  • Precise estimation of the dimensions of the data and communications know-how companies in training market and its contribution to the guardian market

  • Accurate predictions about upcoming traits and modifications in shopper conduct

  • Growth of the data and communications know-how companies in training market business throughout North America, Europe, APAC, Middle East and Africa, and South America

  • An intensive evaluation of the market’s aggressive panorama and detailed details about distributors

  • Comprehensive evaluation of things that can problem the expansion of knowledge and communications know-how companies in training market distributors

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  • The mixed reality in education sector market is estimated to develop at a CAGR of 72.49% from 2022 to 2027. The dimension of the market is forecast to extend by USD 250,820.83 thousand. The market is segmented by product ({hardware} and software program), end-user (greater training and Okay-12), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

Information and Communications Technology Services in Education Market Scope

Report Coverage

Details

Base yr

2021

Forecast interval

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.32%

Market progress 2022-2026

USD 41.71 billion

Market construction

Fragmented

YoY progress 2022-2023 (%)

4.26

Regional evaluation

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 34%

Key international locations

US, Canada, China, UK, and Germany

Competitive panorama

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key firms profiled

AdEPT Technology Group plc, Adobe Inc., Bell Techlogix, Cisco Systems Inc., D2L Corp., Fujitsu Ltd., Gaia Technologies Plc, Infosys Ltd., International Business Machines Corp., Joskos Solutions Ltd., Microsoft Corp., Mindtree Ltd., NetApp Inc., Oracle Corp., Systems Engineering, Tata Consultancy Services Ltd., and Zunesis Inc.

Market dynamics

Parent market evaluation, market progress inducers and obstacles, fast-growing and slow-growing section evaluation, COVID-19 affect and restoration evaluation and future shopper dynamics, and market situation evaluation for forecast interval.

Customization purview

If our report has not included the information that you’re in search of, you possibly can attain out to our analysts and get segments custom-made.

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Table of contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by End-user

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us
Technavio is a number one world know-how analysis and advisory firm. Their analysis and evaluation focuses on rising market traits and supplies actionable insights to assist companies determine market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 stories and counting, masking 800 applied sciences, spanning throughout 50 international locations. Their shopper base consists of enterprises of all sizes, together with greater than 100 Fortune 500 firms. This rising shopper base depends on Technavio’s complete protection, intensive analysis, and actionable market insights to determine alternatives in current and potential markets and assess their aggressive positions inside altering market situations.

Contact
Technavio Research
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Global Information and Communications Technology Services in Education Market

Global Information and Communications Technology Services in Education Market

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SOURCE Technavio

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