Global Cloud Computing in Higher Education Market is estimated to witness a rise in revenue from US$ 2,693.5 Mn in 2021 to US$ 15,180.1 Mn by 2030. The market is registering a CAGR of 22% during the forecast period 2022-2030. Cloud computing in higher education provides an online platform for educational institutes through various applications and subscription models. In this era of technology, employing latest IT technologies and services in higher education assists teachers, administrators and students in their education related activities. 

The major factors responsible for the growth of the cloud computing in higher education market includes the increasing adoption of SaaS based cloud platforms in higher education, increasing adoption of e-learning, increasing IT spending on cloud infrastructure in education and increasing application of quantum computing in education sector. Cloud technology have added value to many sectors and using SaaS in higher education sector is highly beneficial in case of e-learnings or online education and e-delivery of study material to students. Moreover, the higher education industry witnesses an increased adoption of e-learning due to its easy accessibility and high effectiveness. Furthermore, increasing overall IT spending and rising share of cloud spending in the IT budget of universities boost the adoption of cloud in higher educational platforms. Also, the increasing demand of distance-learning courses is witnessing a rapid growth in the market due to integration between education and technology. However, despite the driving factors, cybersecurity and data protection risks, lack of compliance to the SLA and legal and jurisdiction issues are expected to hinder the market growth during the forecast period. 

Report Summary

The study of the Global Cloud Computing in Higher Education Market considers various market determinants, industry value chain analysis and competitor analysis of the market. The report discusses the analysis of the cloud computing industry for the period 2016-2030, where the base year is 2021 and the forecast period is 2022-2030. The report provides a detailed analysis of the Global Cloud Computing in Higher Education Market across 16 Chapters and 199 pages. The report includes data presentation across 47 tables and 88 statistical figures. 

The report provides PESTLE analysis, which is a tool to examine the external market environment factors that have an impact on the industry. The PESTLE analysis examines the Political, Economic, Social, Technological, Environmental and Legal factors in the external environment. Thus, sufficiently examining the threats and weaknesses of the industry. The research report also provides Porter’s five forces analysis wherein bargaining power of buyers is low and competitive rivalry is high. 

The subsequent section provides details of the market analysis based on different segments such as institute type, ownership, application, deployment and region. The report includes detailed study of value chain of the industry. It includes Software Developers, Technology Integrators, Service Providers/Owners and End-Users. The report also covers extensively about the key competitors in the market for cloud computing in higher education. 

Federal regulations to ensure the privacy, security and confidentiality of personal information

• Family Educational Rights and Privacy Act (FERPA), prevents institutions from disclosing education records or student PII without written consent.
• Federal Information Security Modernization Act of 2014 (FISMA 2014) requires federal data to be secure.
• Gramm-Leach-Bliley Act (GLBA), requires financial institutions including colleges and universities, to ensure the security and confidentiality of customer PII.
• Health Insurance Portability and Accountability Act (HIPAA) requires institutions to protect health records and other identifiable health information via privacy safeguards and by limiting use and disclosures without authorization.
• Higher Education Act (HEA) requires IHEs with Title IV programs to have policies, safeguards, monitoring and management practices related to information security.
• Student Aid Internet Gateway (SAIG) enrolment agreement requires IHEs with Title IV programs to ensure that all federal student aid applicant information is protected.

Key Takeaways from the Global Cloud Computing in Higher Education Market Report

• Based on institute type, technical schools are estimated to have the highest market share in 2021 owing to increasing demand for cloud computing in technical schools. Also, technical schools are expected to project the highest CAGR in cloud computing in higher education market over the forecast period.
• In terms of ownership, private institutes segment is anticipated to hold the largest market share owing to increasing funding in private institutes for adoption of cloud computing services. Whereas, the public institutes segment is expected to grow at the highest CAGR over the forecast period.
• On the basis of application, the administration segment holds the largest market share in 2021 owing to high usage of cloud computing for administrative purposes such as payments and planning among others. Whereas, unified communication (E-mail, video conferencing/ seminars) is expected to project the highest CAGR over the forecast period due to increasing trend of e-learning.
• By deployment, the hybrid cloud segment held the largest market share in 2021 as it allows educational institutes to deploy a system or an application using more than one type of deployment model. Moreover, the private cloud segment is expected to witness the highest CAGR during the forecast period due to the security benefits provided by the private deployment of the cloud.
• Based on region, North America is the dominating region in the cloud computing in higher education market in 2021 owing to the rising adoption of technologically advanced products in the U.S. and Canada. Whereas, Asia Pacific region is anticipated to witness the highest CAGR over the forecast period.

Competitive Landscape

The key players in the Global Cloud Computing in Higher Education Market are Dell EMC, Oracle Corporation, Adobe, Inc., Cisco Systems, Inc., NEC Corporation, Microsoft Corporation, IBM Corporation, Salesforce.com, Netapp, Ellucian Company L.P., Vmware, Inc and Alibaba Group among others. Through extensive research, it is found that big players have adopted various competitive strategies such as mergers & acquisitions in order to have a grip of emerging market. Furthermore, leading companies are expanding their geographical boundaries by acquiring small brands and domestic companies.

Segmentation Overview 

Global Cloud Computing in Higher Education Market is segmented based on institute type, ownership, application, deployment and region. The industry trends in the global cloud computing in higher education market are sub-divided into different categories in order to get a holistic view of the global marketplace. 

Following are different segments of the Global Cloud Computing in Higher Education Market:

By Institute Type segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

• Universities
• Technical schools
• Ivy League Schools (Universities)
• Community Colleges

By Ownership segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

• Public Institutes
• Private Institutes

By Application segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

• Administration
  • Payments
  • Calendar (Scheduling & Planning)
  • Identity Access Management
• Content/ Document Storage & Management
• Unified Communication (Email, video conferencing/ seminars)
• Others

By Deployment segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

• Private Cloud
• Public Cloud
• Hybrid Cloud
• Community Cloud

By Region segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Western Europe
    • The UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Western Europe
  • Eastern Europe 
    • Russia
    • Poland
    • Rest of Eastern Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
  • ASEAN
  • Rest of Asia Pacific
• South America 
  • Argentina
  • Brazil
  • Peru
  • Chile
  • Rest of South America
• Middle East 
  • UAE
  • Saudi Arabia
  • Egypt
  • Rest of Middle East
• Africa
  • South Africa
  • Nigeria
  • Morocco
  • Tunisia
  • Kenya
  • Rest of Africa