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Cloud Computing Market in K-12 Education Sector by Service and Geography - Forecast and Analysis 2022-2026

  • Published: Apr 2022
  • Pages: 146
  • SKU: IRTNTR73289
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Based on Technavio's market sizing methodology, the cloud computing market size in K-12 education sector is predicted to surge by USD 1.74 billion from 2021 to 2026 at a CAGR of 18.77%.

This cloud computing market in K-12 education sector research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The cloud computing market in K-12 education sector report offers vendor details for Adobe Inc., Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., Baidu Inc., Blackboard Inc., Built In Inc., Cisco Systems Inc., Dell Technologies Inc., Ellucian Co. LP, HP Inc., International Business Machines Corp., Microsoft Corp., NetApp Inc., Oracle Corp., Rackspace Technology Inc., Salesforce.com Inc., SAP SE, and Verizon Communications Inc. among others.

This report further entails cloud computing market segmentation in K-12 education sector, including:

  • Service - Software as a service, infrastructure as a service, and platform as a service
  • Geography - North America, Europe, Asia, and Rest of World (ROW)

What will the Cloud Computing Market Size in K-12 Education Sector be During the Forecast Period?

Download the Free Report Sample to Unlock the Cloud Computing Market Size in K-12 Education Sector for the Forecast Period and Other Important Statistics

 

Cloud Computing Market in K-12 Education Sector: Key Drivers, Trends, and Challenges

The increasing adoption of e-learning is notably driving the cloud computing market growth in K-12 education sector, although factors such as data security and privacy concerns may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the cloud computing industry in K-12 education sector. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Cloud Computing Market Driver in K-12 Education Sector

One of the key factors driving the global cloud computing market growth in K-12 education sector is the increasing adoption of e-learning due to the growing digitization and mushrooming startups offering MOOCs. In addition, in 2020, due to the COVID-19 pandemic government has imposed lockdown and travel restrictions, which resulted in the schools and universities being closed, which promoted a surge in online learning and distance learning enrollments. In addition, cloud-based e-learning solutions such as SaaS-based platforms allow teachers to train themselves in continuously upgrading technologies, thus, providing enough opportunities for professional development and teacher training. Hence, deploying cloud base e-learning solutions in schools across the world is expected to further fuel the growth of the cloud computing market in the K-12 education sector during the forecast period.

Key Cloud Computing Market Trend in K-12 Education Sector

Integration of IoT with cloud computing is one of the key cloud computing market trends in K-12 education sector that is expected to impact the industry positively in the forecast period. The problem of developing an innovative curriculum reflecting radical shifts in technology and augmenting the learning experience to gain students' interest can be resolved by the integration of cloud computing with IoT as it allows the key stakeholders of the education system to upload and access assignments, tutorials, and tests from the cloud server. In addition, the inclusion of radio frequency identification (RFID) readers on various devices such as lab equipment and projectors allows teachers to spend their valuable time planning curricula and lecturing in smart classrooms. Thus, the integration of the cloud with IoT is expected to augment market growth in the future.

Key Cloud Computing Market Challenge in K-12 Education Sector

One of the key challenges to the global cloud computing market growth in K-12 education sector is the data security and privacy concerns. K-12 schools use cloud-based services to store confidential information about students and teachers. Some of these services are often controlled by various solution vendors without giving complete access to educational systems, thereby increasing the concerns regarding data theft or security breach. There is also a potential threat of account hijacking and intrusion of malicious software with the increased use of cloud-based services in the education sector. In addition, the lack of fixed standards determining the control and interoperability access of users in a cloud-based system, particularly in emerging economies, will also reduce the reliability of the technology. Such factors will be limiting the growth of the market in K-12 education sector during the forecast period.

This cloud computing market in K-12 education sector analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global cloud computing market in the K-12 education sector as a part of the global Internet services and infrastructure market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the cloud computing market in K-12 education sector during the forecast period.

Who are the Major Cloud Computing Market Vendors in K-12 Education Sector?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Adobe Inc.
  • Alibaba Group Holding Ltd.
  • Alphabet Inc.
  • Amazon.com Inc.
  • Baidu Inc.
  • Blackboard Inc.
  • Built In Inc.
  • Cisco Systems Inc.
  • Dell Technologies Inc.
  • Ellucian Co. LP
  • HP Inc.
  • International Business Machines Corp.
  • Microsoft Corp.
  • NetApp Inc.
  • Oracle Corp.
  • Rackspace Technology Inc.
  • Salesforce.com Inc.
  • SAP SE
  • Verizon Communications Inc.

 

This statistical study of the cloud computing market in K-12 education sector encompasses successful business strategies deployed by the key vendors. The cloud computing market in K-12 education sector is fragmented and the vendors are deploying growth strategies such as technological innovation to compete in the market.

Product Insights and News

  • Adobe Inc. - The company offers a service named Adobe creative cloud express for education through which students and teachers can create standout graphics, photos, presentations, videos, and web pages to express themselves inside and outside the classroom. 
  • Adobe Inc. - In January 2022, the company announced the appointment of Brett Briggs and Spencer Neumann to its Board of Directors.  

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The cloud computing market in K-12 education sector forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Cloud Computing Market in K-12 Education Sector Value Chain Analysis

Our report provides extensive information on the value chain analysis for the cloud computing market in K-12 education sector, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Cloud Computing Market in K-12 Education Sector?

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55% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for cloud computing in K-12 education sector in North America. However, market growth in this region will be slower than the growth of the market in other regions.

Cloud computing technology enables teachers to conduct lessons, perform student assessments, and develop homework plans in a virtual teaching space, which will facilitate the cloud computing market in K-12 education sector growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the COVID-19 pandemic adversely affected the economies of various countries in North America, especially the US. Countries such as the US and Canada imposed lockdowns to combat the spread of the disease. This resulted in the shutdown of educational institutes and corporate offices. This led to the adoption of online education systems, which increased the demand for e-learning in K-12 schools in the region, which will drive the growth of the regional market during the forecast period.

What are the Revenue-generating Service Segments in the Cloud Computing Market in K-12 Education Sector?

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The cloud computing market share growth in K-12 education sector by the SaaS segment will be significant during the forecast period. SaaS is expected to witness continuous growth in the education market in the coming years owing to several advantages such as simplified administration, elastic scalability, location independence or mobility, instant data access, and predictably lower cost of ownership. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the cloud computing market size in K-12 education sector and actionable market insights on post COVID-19 impact on each segment.

 

Cloud Computing Market Scope in K-12 Education Sector

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 18.77%

Market growth 2022-2026

$ 1.74 billion

Market structure

Fragmented

YoY growth (%)

18.17

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 55%

Key consumer countries

US, Canada, Germany, UK, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Adobe Inc., Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., Baidu Inc., Blackboard Inc., Built In Inc., Cisco Systems Inc., Dell Technologies Inc., Ellucian Co. LP, HP Inc., International Business Machines Corp., Microsoft Corp., NetApp Inc., Oracle Corp., Rackspace Technology Inc., Salesforce.com Inc., SAP SE, and Verizon Communications Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Cloud Computing Market in K-12 Education Sector Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive cloud computing market growth in K-12 education sector during the next five years
  • Precise estimation of the cloud computing market size in K-12 education sector and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the cloud computing industry in K-12 education sector across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cloud computing market vendors in K-12 education sector 

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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 Service
    • 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 Service

    • 5.1 Market segments
      • Exhibit 24: Chart on Service - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Service - Market share 2021-2026 (%)
    • 5.2 Comparison by Service
      • Exhibit 26: Chart on Comparison by Service
      • Exhibit 27: Data Table on Comparison by Service
    • 5.3 Software as a service - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Software as a service - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Software as a service - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Software as a service - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Software as a service - Year-over-year growth 2021-2026 (%)
    • 5.4 Infrastructure as a service - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Infrastructure as a service - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Infrastructure as a service - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Infrastructure as a service - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Infrastructure as a service - Year-over-year growth 2021-2026 (%)
    • 5.5 Platform as a service - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Platform as a service - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Platform as a service - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Platform as a service - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Platform as a service - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by Service
      • Exhibit 40: Market opportunity by Service ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 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 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 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 (%)
    • 7.10 UK - Market size and forecast 2021-2026
      • Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.11 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 (%)
    • 7.12 Japan - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 86: 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 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 Adobe Inc.
              • Exhibit 93: Adobe Inc. - Overview
              • Exhibit 94: Adobe Inc. - Business segments
              • Exhibit 95: Adobe Inc. - Key news
              • Exhibit 96: Adobe Inc. - Key offerings
              • Exhibit 97: Adobe Inc. - Segment focus
            • 10.4 Alphabet Inc.
              • Exhibit 98: Alphabet Inc. - Overview
              • Exhibit 99: Alphabet Inc. - Business segments
              • Exhibit 100: Alphabet Inc. - Key news
              • Exhibit 101: Alphabet Inc. - Key offerings
              • Exhibit 102: Alphabet Inc. - Segment focus
            • 10.5 Amazon.com Inc.
              • Exhibit 103: Amazon.com Inc. - Overview
              • Exhibit 104: Amazon.com Inc. - Business segments
              • Exhibit 105: Amazon.com Inc. - Key news
              • Exhibit 106: Amazon.com Inc. - Key offerings
              • Exhibit 107: Amazon.com Inc. - Segment focus
            • 10.6 Cisco Systems Inc.
              • Exhibit 108: Cisco Systems Inc. - Overview
              • Exhibit 109: Cisco Systems Inc. - Business segments
              • Exhibit 110: Cisco Systems Inc. - Key news
              • Exhibit 111: Cisco Systems Inc. - Key offerings
              • Exhibit 112: Cisco Systems Inc. - Segment focus
            • 10.7 Dell Technologies Inc.
              • Exhibit 113: Dell Technologies Inc. - Overview
              • Exhibit 114: Dell Technologies Inc. - Business segments
              • Exhibit 115: Dell Technologies Inc. - Key news
              • Exhibit 116: Dell Technologies Inc. - Key offerings
              • Exhibit 117: Dell Technologies Inc. - Segment focus
            • 10.8 HP Inc.
              • Exhibit 118: HP Inc. - Overview
              • Exhibit 119: HP Inc. - Business segments
              • Exhibit 120: HP Inc. - Key news
              • Exhibit 121: HP Inc. - Key offerings
              • Exhibit 122: HP Inc. - Segment focus
            • 10.9 International Business Machines Corp.
              • Exhibit 123: International Business Machines Corp. - Overview
              • Exhibit 124: International Business Machines Corp. - Business segments
              • Exhibit 125: International Business Machines Corp. - Key offerings
              • Exhibit 126: International Business Machines Corp. - Segment focus
            • 10.10 Microsoft Corp.
              • Exhibit 127: Microsoft Corp. - Overview
              • Exhibit 128: Microsoft Corp. - Business segments
              • Exhibit 129: Microsoft Corp. - Key news
              • Exhibit 130: Microsoft Corp. - Key offerings
              • Exhibit 131: Microsoft Corp. - Segment focus
            • 10.11 NetApp Inc.
              • Exhibit 132: NetApp Inc. - Overview
              • Exhibit 133: NetApp Inc. - Business segments
              • Exhibit 134: NetApp Inc. - Key news
              • Exhibit 135: NetApp Inc. - Key offerings
              • Exhibit 136: NetApp Inc. - Segment focus
            • 10.12 Oracle Corp.
              • Exhibit 137: Oracle Corp. - Overview
              • Exhibit 138: Oracle Corp. - Business segments
              • Exhibit 139: Oracle Corp. - Key news
              • Exhibit 140: Oracle Corp. - Key offerings
              • Exhibit 141: Oracle Corp. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 142: Inclusions checklist
                • Exhibit 143: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 144: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 145: Research methodology
                • Exhibit 146: Validation techniques employed for market sizing
                • Exhibit 147: Information sources
              • 11.5 List of abbreviations
                • Exhibit 148: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              The cloud computing market in k-12 education sector market growth will increase by $1743.13 million during 2022-2026.
              The cloud computing market in k-12 education sector market is expected to grow at a CAGR of 18.77% during 2022-2026.
              Technavio has segmented the cloud computing market in k-12 education sector market by service (Software as a service, Infrastructure as a service, and Platform as a service) and geographic (North America, Europe, APAC, South America, and Middle East and Africa).
              Adobe Inc., Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., Baidu Inc., Blackboard Inc., Built In Inc., Cisco Systems Inc., Dell Technologies Inc., Ellucian Co. LP, HP Inc., International Business Machines Corp., Microsoft Corp., NetApp Inc., Oracle Corp., Rackspace Technology Inc., Salesforce.com Inc., SAP SE, Verizon Communications Inc. are a few of the key vendors in the cloud computing market in k-12 education sector market.
              North America will register the highest growth rate of 55.17% among the other regions. Therefore, the cloud computing market in k-12 education sector market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the cloud computing market in k-12 education sector market growth are:
              • Increasing adoption of e-learning
              • Integration of IoT with cloud computing
              The cloud computing market in k-12 education sector market vendors should focus on grabbing business opportunities from the software as a service segment as it accounted for the largest market share in the base year.
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