The information and communications technology services in education market is forecasted to grow by USD 89.72 bn during 2023-2028, accelerating at a CAGR of 9.42% during the forecast period. The report on the information and communications technology services in education market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing emphasis on cloud computing, rising investments in developing information and communications technology infrastructure, and growing demand for information and communications technology outsourcing services.
Market Scope
Base Year
2023
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
8.88%
CAGR
9.42%
Incremental Value
$89.72bn
Technavio's information and communications technology services in education market is segmented as below:
By End-user
Pre K-12
Higher education
By Component
Hardware
Software
Services
By Geographical Landscape
North America
Europe
APAC
Middle East and Africa
South America
This study identifies the growing demand for software-defined infrastructure as one of the prime reasons driving the information and communications technology services in education market growth during the next few years. Also, increasing adoption of DevOps in education market and rising demand for application outsourcing will lead to sizable demand in the market.
The report on the information and communications technology services in education market covers the following areas:
Information and communications technology services in education market sizing
Information and communications technology services in education market forecast
Information and communications technology services in education market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading information and communications technology services in education market vendors that include AdEPT Technology Group plc, Adobe Inc., Apple Inc., Blackboard Inc., Cisco Systems Inc., D2L Corp., Dell Technologies Inc., Fujitsu Ltd., Gaia Technologies Plc, Hewlett Packard Enterprise Co., Infosys Ltd., International Business Machines Corp., Larsen and Toubro Ltd., Lenovo Group Ltd., Microsoft Corp., Oracle Corp., Promethean World Ltd., Tata Consultancy Services Ltd., Zunesis Inc., Bell Techlogix Inc., and Joskos Solutions Ltd.. Also, the information and communications technology services in education market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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 Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Component
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global information and communications technology services in education market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global information and communications technology services in education market 2018 - 2022 ($ billion)