Tech giants dominate USD 89.72B Education ICT Services Market: Cisco, Amazon, Apple

January 26, 2024

The global information and communications technology services in education market is projected to reach a value of USD 89.72 billion by 2028, growing at a CAGR of 9.42% during the forecast period. The market is driven by rising investments in ICT services in education, with governments increasing their spending on educational technology.

Key companies in the market include Cisco Systems Inc., Amazon.com Inc., and Apple Inc.

The market analysis covers end-users, components, and geography.

One of the major trends in the market is the increasing adoption of DevOps in the education sector. However, a lack of skilled IT professionals in educational institutions is hindering market growth.

The report also highlights the impact of ICT services on education, including improved accessibility, interactive learning experiences, personalized education, and streamlined administrative tasks. Cloud-based solutions, video conferencing tools, mobile apps, and AI-powered systems are among the technologies driving this transformation in the education sector.

The report also includes related market reports on microlearning and education consulting.

For a detailed picture of the market, the report provides analysis and synthesis of data from multiple sources, including key parameters and trends.

Technavio is a leading global technology research and advisory company, providing comprehensive coverage and actionable insights for businesses in over 50 countries.