Education IT market in US 2015 to grow at a CAGR of 3% by 2019: Market Research Store
Deerfield Beach, FL -- (SBWIRE) -- 09/18/2015 -- Education IT Market in the US 2015-2019
About Education IT Market
IT spending in the Education sector is the investment incurred on the deployment of IT infrastructure in elementary schools, secondary schools, colleges, universities, and centers of specialized learning. Education IT market in the US 2015-2019 to grow at a CAGR of 3% over the period 2014-2019. IT enables large data analysis, information management, and streamlined operational processes to increase productivity and efficiency. This enables the smooth flow of information across educational institutes. It also helps educational institutes to align their business processes with various technologies.
Covered in this Report
This report covers the present scenario and growth prospects of the Education IT market in the US for the period 2015-2019. The Education IT market in the US is segmented into two main customer segments: K-12 and Higher Education.
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Education IT Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also includes a detailed discussion of the key vendors operating in this market.
Commenting on the report, an our analyst said: "The high adoption of tablets and other mobile devices is a major trend contributing to the growth of the market. Tablets are being widely adopted among various users in the US such as school managers, teachers, governments, parents, and students."
According to the report, one of the major drivers of the market is the implementation of IT security and cloud-based solutions. Network infrastructure in schools and colleges requires innovative and customized IT security solutions.
Further, the report states that one of the major challenges that the market faces is the lack of qualified IT professionals to handle updated, advanced IT infrastructure, hindering the adoption of technology and smart ways of learning by educational institutes. These institutes also lack the funds required for the installation of software and the purchase of computers and other devices.
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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 a SWOT analysis of the key vendors.
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Important Questions Answered in report:-
What will the expected Compound Annual Growth Rate For "Education IT Market in US"?
What will the Education IT Market in US size be in 2019?
What is driving this market?
What are the challenges related to Education IT Market in US growth?
What are the key market trends?
Who are the key vendors in Education IT Market in US area?
What are the market opportunities?
What are the strengths as well as weaknesses of the key vendors?
Which are the threats faced by the key vendors?