ICT Investment in Education Market 2017–By Identifying the Key Market Segments Poised for Strong Growth in Future

Pune, India, 25th October 2017: WiseGuyReports announced addition of new report, titled “ICT Investment Trends in Education: Digital transformation influencing institutions’ IT investments strategy

The right kind of funding and digital guidance will see the education sector making headway to digital transformation in 2017

As technology takes over traditional learning to enable students access information from anywhere, on any device, and at their own pace, alternative mediums such as adaptive and blended learning are becoming a norm to impart education in schools and universities today.

Consequently, survey of 158 educational institutions reveals that respondents are keen on investing in core areas of technologies, including hardware, software, and IT services.

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The survey further reveals that aggressive growth in the use of client computing devices among educational institutions is catapulting greater investments in the hardware segment.

As a result, institutions allocated a major and equal proportion (28%) of their external ICT budget to the hardware segment, both in 2016 and 2017.

Additionally, the survey finds that educational institutions are –

Increasing their spend on sophisticated software to provides students’ access to mobile, virtual, and digital classroom resources.
Allocating the highest proportion of their average telecommunications budget to network services to facilitate programs such as distance education services to schools and departments.
Investing in disruptive technologies such as cloud and IoT to achieve scalability and flexibility.
Relying on the decisions of the top level management for the purchase of big data and analytics solutions.
Prioritizing investments in ICT training for teaching staff and student information systems.

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Table of Content: Key Points

Key findings

Key implications for ICT vendors

Executive summary

Survey demographics

ICT budget changes

ICT budget allocation by core technology area

Hardware budget breakdown

Software budget breakdown

Third-party IT services expenditure

Communications expenditure

Cloud computing budget

ICT budget allocation by function

Outsourced IT functions

ICT investment priorities and vendor satisfaction

Security products

Content management

Internet of Things (IoT)

Cloud computing

…Continued

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