Use of Cloud-Based Education To Emerge As A Key Trend

by CXOtoday News Desk    Oct 07, 2016

edtech

For years, teachers, principals, and technologists have looked for ways to enhance the educational experience with new techniques. The days of black boards, binded cover books are over, with the rate of adoption in digital learning among corporate organizations and academic institutes growing., Bring Your Own Device (BYOD) trend, growing usage of wearable e-learning devices, and emerging technologies such as gamification and virtual reality are some of the major driving factors for education System. With the genre of digital learning cloud computing has given a new dimension to the education system. 

A recent research report “Cloud Computing In Education Market by Service Model, Deployment Model, User Type and Region - Global Forecast to 2021” by MarketsandMarkets, estimated that the market will grow from USD 8.13 Billion in 2016 to USD 25.36 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 25.6% from 2016 to 2021.

Cloud computing solutions in the education industry allow efficient management of business processes and effective knowledge delivery to students. This results in higher student engagement, better collaboration among stakeholders, and improved student performance. The growing need for a centralized system for the management of academic processes and competition among academic institutions are the major driving forces of the Cloud Computing in Education Market.

The report predicts that Software as a Service (SaaS) and Infrastructure as a Service (IaaS) service models are expected to be the largest contributors in the global Cloud Computing in Education Market during the forecast period. The service models continue to develop as business drivers for the education industry as they enable institutes to increase their global reach and target students from every corner of the world.

According to another market research report by Technavio, the lecture capture solutions market is expected to record a CAGR of more than 21% until 2020.Cloud services are resources that are made available on demand via the internet. Cloud-based services involve a one-time, up-front capital investment which eliminates other costs associated with service deployment, such as server administration, software maintenance, and support. These are one of the most preferred services and are widely used by online education providers,” said Jhansi Mary, one of Technavio’s lead industry analysts for education technology.

“Vendors using this platform are responsible for providing the required infrastructure to ensure high performance, reliability, and delivery. Cloud-based solutions not only offer superior storage space but are also capable of capturing lectures remotely and delivering instantly,” added Jhansi.

The rise of smart classrooms

The report aims at estimating the market size and future growth opportunities of the cloud computing in education market across different segments such as service models, deployment models, user types, and regions. Growing need for a centralized system for the management of academic processes and competition among academic institutions are the major driving forces of the cloud computing in education market. Thus it has pushed in growth in Smart Classrooms as well. 

A smart classroom is equipped with multimedia components, which are designed to enrich the teaching and learning process. Technology in education has played a significant role in educating and connecting the students to the existing and future learning opportunities. Smart Classrooms have been enhanced with advanced technological learning aids, thereby revolutionizing the whole teaching and learning process. In many impoverished districts and states, technology has allowed students to experience a world-class education to facilitate the students to actively participate in advanced placement courses.

Key growth drivers

Hybrid cloud and community cloud deployment models are expected to show significant adoption rate in the cloud computing in education market hybrid cloud is gaining traction among educational institutions as it leverages the advantage of both private and public cloud. Due to the difficulties involved in collaborations among various educational institutes and agreements on sharing resources, community cloud is the least preferred choice. Educational institutes that are aiming at collaborative learning and inter-domain r&d are mainly adopting community cloud. These cloud computing deployment models are fast becoming an attractive option for the delivery of education services.

Major players in the segment

The major players in the cloud computing in education market were identified across various regions . The North American region is expected to contribute the maximum market share to the overall Cloud Computing in Education Market. The high adoption of cloud technology in North America, particularly in the U.S. and Canada, is the major reason for the growth of cloud computing in education. Furthermore, the market is in the emerging stage in the regions ofAsia-Pacific (APAC), Europe, and Latin America owing to growing technological developments in the field of cloud, analytics, and the emergence of mobile technologies.

Their average revenue generated were used to arrive at the overall cloud computing in education market size. This overall market size is used in the top-down procedure to estimate the sizes of other individual markets (service models and deployment models) via percentage splits from secondary and primary research.

There are a number of new trends that are creating new opportunities for the education providers and learners so that information can be effectively accessed by the end-users, including people with disabilities. The constant progression of technology in education has helped educators to create education system, which are concrete, developed, collaborative, and are conducted entirely through web services.