Global Information and Communications Technology Services in Education Market 2019-2023

The information and communications technology services in education market size will grow by USD 18.84 billion during 2019-2023. This report offers an analysis of the market based on end-user (PreK-12 and higher education). The information and communications technology services in education market research report further present in-depth insights on the growth prospects of the market across geographic regions such as APAC, Europe, MEA, North America, and South America. The report analyzes the market’s competitive landscape and offers information on several companies including Adobe, Cisco Systems, Fujitsu, Gaia Technologies, and IBM
Overview of the Global Information and Communications Technology Services in the education Industry
Governments of developed and developing countries are increasingly investing in the development of ICT infrastructure across schools and colleges. This is due to the growing competition among students and the rise in technological advancements in the education sector. Governments are also coming up with various initiatives and schemes to help students efficiently use ICT. This drives the adoption of information and communications technology services in the education industry and is one of the critical factors that will drive information and communications technology services market growth in the industry.
Factors such as the changing demand for educational technology delivery and the intensifying competition among market players are encouraging educational institutes across the developing and developed regions to outsource application development services to third-party IT service providers. This will boost the adoption of information and communications technology services from IT outsourcing service providers, driving information and communications technology services market growth in the education industry. The market will register a CAGR of over 4% during the forecast period.
Top information and communications technology services companies covered in this market research report
The information and communications technology services in the education market is fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this information and communications technology services in education industry analysis report will allow the clients to identify new growth opportunities and design innovative strategies to improve their market share.
The report offers a complete analysis of various companies including:
• Adobe
• Cisco Systems
• Fujitsu
• Gaia Technologies
• IBM
Information and communications technology services in the education market segmentation based on geographic regions
• APAC
• Europe
• MEA
• North America
• South America
North America will account for the highest share of this market throughout the forecast period. Increasing investments in the development of ICT infrastructure, especially in the PreK-12 segment is one of the primary reasons for the high growth of information and communications technology services in the education market in this region.
Information and communications technology services in the education market segmentation based on end-users
• PreK-12
• Higher education
The PreK-12 segment will account for the highest market share in the education industry in the coming years. This will mainly attribute to factors such as the growing adoption of cloud computing technologies, including Software as a Service (SaaS).
Key highlights of the global information and communications technology services in the education market for the forecast years 2019-2023:
• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of information and communications technology services in the education market during the next five years
• Precise estimation of the global information and communications technology services in the education market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the information and communications technology services in the education industry across various geographies such as APAC, Europe, MEA, North America, and South America
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on factors that will challenge the growth of multivariable transmitters companies