DUBLIN – (BUSINESS WIRE)–The “Cloud Computing in Education – Global Market Trajectory & Analytics” Report was added ResearchAndMarkets.com Offer.
Global cloud computing in the education market is expected to reach $ 80.7 billion by 2027
In the midst of the COVID-19 crisis, the global market for cloud computing in education, which is estimated at $ 19.6 billion in 2020, is expected to reach a revised size of $ 80.7 billion by 2027 and during the analysis period grow with a CAGR of 22.4% 2020-2027.
Software-as-a-Service (SaaS), one of the segments analyzed in the report, is expected to post a CAGR of 20.7% and reach $ 30.9 billion by the end of the analysis period. After an early analysis of the business impact of the pandemic and its triggered economic crisis, the growth in the Platform-as-a-Service (PaaS) segment will be adjusted to a revised CAGR of 24.6% for the next 7 year period.
The US market is valued at $ 5.8 billion, while China is forecast to grow by 22% CAGR