The Information and Communications Technology Services in Education Market is being driven by Increasing emphasis on cloud computing
The Information and Communications Technology Services in Education Market is expected to grow at a CAGR of 9.42% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 89.72 billion. In the education sector, institutions are modernizing their IT infrastructure management approaches. Traditional deployment methods, which necessitate intricate and labor-intensive manual hardware installation, are being supplanted by more sophisticated techniques such as Software-Defined Infrastructure (SDI). SDI signifies the complete software-driven management and control of IT infrastructure, excluding human intervention. Notable SDI services encompass infrastructure control, management, provisioning, configuration, and architectural operations. SDI empowers intelligent infrastructure processes that adapt to evolving IT operational requirements in real-time, thereby enabling autonomous IT software decision-making.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
175 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 9.42% |
Market growth 2024-2028 |
USD 89.72 billion |
Market structure |
market_structure.ucfirst |
YoY growth 2023-2024(%) |
8.88 |
Key countries |
US, Canada, China, UK, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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In the Education Market, ICT Services encompass various technologies including Cloud Computing, E-learning, Online Education, Digital Classroom, Educational Technology, Distance Learning, Mobile Learning, Interactive Whiteboards, EdTech, Gamification, Augmented Reality, Virtual Reality, Artificial Intelligence, Big Data Analytics, Personalized Learning, Adaptive Learning, Internet of Things, Smart Schools, Digital Literacy, Cybersecurity, Data Privacy, Educational Apps, Online Assessment, Video Conferencing, Webinars, and Collaborative Tools. These technologies transform the learning experience, offering flexibility, interactivity, and personalized instruction. Cloud Computing ensures easy access to educational resources, while E-learning and Online Education enable students to learn from anywhere. Interactive Whiteboards and Digital Classrooms facilitate engaging lessons, while Gamification, Augmented Reality, and Virtual Reality create immersive learning environments. AI, Big Data Analytics, and Personalized Learning provide customized instruction, and Cybersecurity and Data Privacy ensure student safety. Educational Apps, Online Assessment, Video Conferencing, Webinars, and Collaborative Tools enhance communication and collaboration among students and teachers.
In the Education Market, Information and Communications Technology Services have revolutionized the learning experience through advanced solutions such as Cloud Computing, E-learning, Virtual Learning Environments, and Learning Management Systems. Online Education and Digital Classrooms have transformed traditional classroom settings into interactive, engaging, and accessible platforms. Educational Technology and Distance Learning enable students to access quality education regardless of geographical constraints, fostering inclusivity and flexibility. These innovative ICT services enhance the overall educational experience, improving efficiency, productivity, and student outcomes.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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