Cloud Computing Market in K-12 in the U.S. to Exhibit 24.0% CAGR between 2016 and 2020: ResearchMoz

Albany, NY, Jan. 14, 2016 (GLOBE NEWSWIRE) -- Cloud computing is an emerging paradigm of computing concepts that enables both software and information technology infrastructure to be delivered directly over IaaS (Internet as a Service). For the past many years, enterprises and corporations have been touting the benefits offered by cloud-computing. As the technology pervades the K-12 sector, experts predict that growth in the sector is likely to be slow but steady. However, in the U.S. market, the report predicts that cloud computing in the K-12 sector will exhibit an impressive CAGR of 24.0% between 2016 and 2020.

While cloud computing may not be widespread across K-12, the escalating need to integrate high-end technologies in educational institutions will fuel the demand for transforming the traditional teaching methodologies. As the evolving landscape of teaching methodologies translates into increasing demand for cloud computing services, the market for the same in the U.S. will gain a significant impetus.

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Several factors support the adoption of cloud computing in the education sector. The most crucial being that cloud computing will enable institutions to save substantially on the costs incurred on the building and maintenance of infrastructure. Encouraged by such reduction in the overall cost of ownership, an increasing number of institutions in the U.S. are deploying cloud computing. Since the technology inevitably simplifies the management of on-premise systems, education organizations can dedicate their valuable time to focus only on the teaching process. Once deployed, cloud computing will also allow institutions to outsource work to third-party service providers, which according to the report, will augment the demand for cloud computing in K-12.

The K-12 cloud computing market in the U.S. is highly fragmented owing to the presence of a large number of small-, medium-, and large-sized enterprises. The vendors operating in the market continuously strive to offer innovative features to woo consumers and in turn increase their market share. Despite being at a nascent stage, this market has been significantly attracting new businesses and local cloud vendors, which is likely to further intensify the prevailing market competition.

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The report identifies the top six players in the cloud computing in K-12 in the U.S. as: Cisco, Adobe, EMC, Salesforce.com, NetApp, and SAP. Other prominent vendors operating in the market are Microsoft, IBM, Google, Amazon Web Services, Rackspace, and KoSistem. Segmentation based on deployment includes private and public sector. Of these, public sector deployment is likely to account for over 66% of the U.S. cloud computing market in K-12 by 2020.

The implementation of latest technologies in K-12 is likely to lay a strong foundation for cloud computing deployment in the coming years.

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