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(Wireless-NewsWire.Com, July 29, 2017 ) Publisher's market research analyst expects the K-12 IT infrastructure spending in the US to multiply steadily and post a CAGR of more than 4% during the forecast period. K-12 education in the US is evolving and witnessing significant structural changes, with technology as the key to providing next-generation education systems, which will help prepare students for the future. The strong support from by the government as well as the private sectors by making huge investments in IT infrastructure is further driving the growth of the market.
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Increasing demand for personalized learning solutions is one of the primary drivers contributing to the growth of the market. The most essential modules of personalized learning solutions are the Internet and the availability of one-to-one computer systems. Higher authorities in the K-12 education system also agrees that the use of technology in personalized learning systems is helping students to improve their academic performance, hence investment in computer systems and ICT infrastructure will increase significantly, thereby leading to the overall market growth.
Segmentation of the K-12 IT infrastructure spending in the US by technology
- IT services
- Hardware
- Software
The IT services segment held the largest market share, constituting about 62% of the market share during 2014. As the education system in the US transforms, demand for virtualization will also increase, and investments in IT services will scale up during the forecast period.
Competitive landscape and key vendors
The US government has taken several measures to standardize its education sector and to encourage the use of technology while imparting education. As a result, there is a huge market opportunity for the vendors to introduce a wide variety of product offerings and technological innovations to gain a competitive edge in the market and expand their market shares.
The top vendors in the market are -
- Apple
- Cisco
- Dell
- Lenovo
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Other prominent vendors in the market include Acer, Blackboard, Echo360, Educomp, Ellucian, Google, IBM, HP, Jenzabar, Juniper Systems, Promethean World, Smart Technologies, Samsung, SunGard Infrastructure, and Three River Systems.
Growth drivers, challenges, and upcoming trends: K-12 IT infrastructure spending
Publisher's market research analysts analyzed upcoming trends such as the increased adoption of cloud-based solutions, which helps in reducing IT costs in schools by providing flexible IT solutions. Cloud computing platform also offers data center facilities that are secure and accessible from a remote location.
This report provides a number of factors contributing to the adoption, limitations, and opportunities of the K-12 IT infrastructure spending in the US. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.
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