Information and communications technology services in education market size to grow by USD 41.71 billion from 2021 to 2026; Growth driven by increasing emphasis on cloud computing - Technavio

NEW YORK, March 21, 2023 /PRNewswire/ -- The information and communications technology services in education market size is estimated to grow by USD 41.71 billion from 2021 to 2026 at a CAGR of 5.32% according to Technavio. The growth of the market is driven by factors such as increasing emphasis on cloud computing, rising investments in developing ICT infrastructure, and the growing demand for ICT outsourcing services. Technological advances have led to an increase in the adoption of cloud-based solutions in the education sector. Cloud computing allows schools and universities to measure the academic growth of students, as most cloud-based applications offer built-in analytics. Cloud computing technologies such as infrastructure as a Service (IaaS), software as a service (SaaS), and Platform as a Service (PaaS) provide enhanced data protection and data storage services. They also provide enhanced accessibility as well as agility, and ease of service. Many such benefits are increasing the adoption of cloud-based solutions in the education sector, which is driving the growth of the market. To understand more about the information and communications technology services in education market, request a sample report

Information and Communications Technology Services in Education Market Insights -

• Vendors: 15+, including 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., among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: End-user (PreK-12 and Higher education) and Geography (North America, Europe, APAC, Middle East and Africa, and South America)

Information and Communications Technology Services in Education Market – Major Challenges

• Data privacy and security risks
• Lack of skilled IT professionals in educational institutes
• System integration and interoperability issues

Many students are less aware of the risk of cyberattacks and data loss. Hence, the threat of cybersecurity is high in the market. Students often lack the basic knowledge of fundamental safety guidelines while working with ICT technologies. This makes them vulnerable to cyberattacks on social media and other online platforms. Thus, it is imperative for educational institutes to protect student data by employing effective data security solutions.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

Information and Communications Technology Services in Education Market – Regional Analysis

The report analyzes the growth of the market across regions such as North America, Europe, APAC, Middle East and Africa, and South America. North America will account for 34% of the market growth during the forecast period. The region is witnessing a significant increase in investments in the development of ICT infrastructure across educational institutions. Also, the number of outsourcing services in the education sector has been increasing in the region. Furthermore, the strong presence of many local and international players is driving the growth of the information and communications technology services in education market in North America.

Information and Communications Technology Services in Education Market – Vendor Analysis

The global information and communication technology services in education market is fragmented. The region has a healthy mix of both regional and international vendors. The vendors in the market are competing in terms of innovative ICT services and service delivery methods. They are offering several value-added services to educational institutions to maintain their competitiveness. The high focus on inorganic growth through the acquisition of new brands, collaborations, and partnerships and the increase in organic growth via new product launches will intensify the competition in the market. Some of the key vendors covered in the report includes:

• AdEPT Technology Group plc - The company offers solutions for information and communications technology services in education with small groups or individuals that can work with 3D environments and images on desktop PCs or laptops. The company offers this service under the brand name Education Security Solutions.
• Adobe Inc. - The company offers solutions for information and communications technology services in education with tools that empower students to think creatively and communicate expressively, so they can turn their classroom ideas into college and career opportunities. The company offers this service under the brand name Creative cloud for education.
• Bell Techlogix - The company offers solutions for information and communications technology services in education by providing craft technology programs that fit varying-sized budgets. Also, the company offers multiple software licensing types, digital curriculum, LMS and administration system strategies for optimal procurement, implementation, and s, upport. These services are offered by the company under the brand name Bell Techlogix.

The information and communications technology services in education market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this information and communications technology services in education market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the information and communications technology services in education market between 2022 and 2026
• Precise estimation of the size of the information and communications technology services in education market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the information and communications technology services in education market industry across North America, Europe, APAC, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of information and communications technology services in education market vendors

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Table of contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

• 5.1 Market segments
• Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)

• 5.2 Comparison by End-user 
• Exhibit 26: Chart on Comparison by End-user
• Exhibit 27: Data Table on Comparison by End-user

• 5.3 PreK-12 - Market size and forecast 2021-2026 
• Exhibit 28: Chart on PreK-12 - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on PreK-12 - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on PreK-12 - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on PreK-12 - Year-over-year growth 2021-2026 (%)

• 5.4 Higher education - Market size and forecast 2021-2026 
• Exhibit 32: Chart on Higher education - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Higher education - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Higher education - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Higher education - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by End-user 
• Exhibit 36: Market opportunity by End-user ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026 
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026 
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026 
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026 
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026 
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 UK - Market size and forecast 2021-2026 
• Exhibit 66: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.10 China - Market size and forecast 2021-2026 
• Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.11 Canada - Market size and forecast 2021-2026 
• Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.12 Germany - Market size and forecast 2021-2026 
• Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 AdEPT Technology Group plc 
• Exhibit 89: AdEPT Technology Group plc - Overview
• Exhibit 90: AdEPT Technology Group plc - Business segments
• Exhibit 91: AdEPT Technology Group plc - Key news
• Exhibit 92: AdEPT Technology Group plc - Key offerings
• Exhibit 93: AdEPT Technology Group plc - Segment focus

• 10.4 Adobe Inc.
• Exhibit 94: Adobe Inc. - Overview
• Exhibit 95: Adobe Inc. - Business segments
• Exhibit 96: Adobe Inc. - Key news
• Exhibit 97: Adobe Inc. - Key offerings
• Exhibit 98: Adobe Inc. - Segment focus

• 10.5 Bell Techlogix
• Exhibit 99: Bell Techlogix - Overview
• Exhibit 100: Bell Techlogix - Product / Service
• Exhibit 101: Bell Techlogix - Key offerings

• 10.6 Cisco Systems Inc.
• Exhibit 102: Cisco Systems Inc. - Overview
• Exhibit 103: Cisco Systems Inc. - Business segments
• Exhibit 104: Cisco Systems Inc. - Key news
• Exhibit 105: Cisco Systems Inc. - Key offerings
• Exhibit 106: Cisco Systems Inc. - Segment focus

• 10.7 D2L Corp.
• Exhibit 107: D2L Corp. - Overview
• Exhibit 108: D2L Corp. - Product / Service
• Exhibit 109: D2L Corp. - Key news
• Exhibit 110: D2L Corp. - Key offerings

• 10.8 Fujitsu Ltd.
• Exhibit 111: Fujitsu Ltd. - Overview
• Exhibit 112: Fujitsu Ltd. - Business segments
• Exhibit 113: Fujitsu Ltd. - Key offerings
• Exhibit 114: Fujitsu Ltd. - Segment focus

• 10.9 Gaia Technologies Plc 
• Exhibit 115: Gaia Technologies Plc - Overview
• Exhibit 116: Gaia Technologies Plc - Product / Service
• Exhibit 117: Gaia Technologies Plc - Key offerings

• 10.10 International Business Machines Corp. 
• Exhibit 118: International Business Machines Corp. - Overview
• Exhibit 119: International Business Machines Corp. - Business segments
• Exhibit 120: International Business Machines Corp. - Key offerings
• Exhibit 121: International Business Machines Corp. - Segment focus

• 10.11 Joskos Solutions Ltd. 
• Exhibit 122: Joskos Solutions Ltd. - Overview
• Exhibit 123: Joskos Solutions Ltd. - Product / Service
• Exhibit 124: Joskos Solutions Ltd. - Key offerings

• 10.12 NetApp Inc.
• Exhibit 125: NetApp Inc. - Overview
• Exhibit 126: NetApp Inc. - Business segments
• Exhibit 127: NetApp Inc. - Key news
• Exhibit 128: NetApp Inc. - Key offerings
• Exhibit 129: NetApp Inc. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 130: Inclusions checklist
• Exhibit 131: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 132: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 133: Research methodology
• Exhibit 134: Validation techniques employed for market sizing
• Exhibit 135: Information sources

• 11.5 List of abbreviations 
• Exhibit 136: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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