From the Wires
Research and Markets: The Education Information and Communication Technology Market in Australia to Grow At A CAGR Of 3.15 Percent over the Period 2011-2015
By: Business Wire
Nov. 14, 2012 11:08 AM
Research and Markets (http://www.researchandmarkets.com/research/t5tgvk/education_ict) has announced the addition of the "Education ICT Market in Australia 2011-2015" report to their offering.
One of the key factors contributing to this market growth is the increased adoption of high-definition video and online interactive programs. The Education ICT market in Australia has also been witnessing the emergence of virtual classrooms. However, the reluctance of educational institutions to update ICT infrastructure frequently could pose a challenge to the growth of this market.
Key vendors dominating this market space include Cisco Systems Inc., Dell Inc., HP Co., IBM Corp., and Microsoft Corp.
Other vendors mentioned in the report: Accenture plc, Acer Inc., Oracle Corp., and SAP AG.
Commenting on the report, an analyst from TechNavio's IT Services team said: ''The advancement in information and communications technology (ICT) has resulted in the emergence of virtual classrooms. Imparting education through virtual classrooms is a new concept that is becoming popular not only in traditional educational institutions, but also in training centers with vocational courses. It has ensured access to learning from qualified staff members, transcending the geographical boundaries. The new integrated ICT infrastructure adopted by educational institutions enables the enrichment of the learning process through real-time exchange of information and sharing of best practices in imparting education across the globe.''
According to the report, the increased adoption of high-definition video and online interactive programs in elementary and secondary schools is driving the growth of ICT spending in the Education sector in Australia. It has also resulted in the increased demand for a high bandwidth internet connection to enable efficient streaming of high-definition video for teaching purposes. The Australian government has initiated several steps to further develop the Education sector in the country. These innovative measures have not only increased the accessibility to quality education for the students, but they also drive the growth of ICT spending in the Education sector in Australia.
Further, the report discusses that one of the major challenges for this market is the reluctance of educational institutions to update ICT infrastructure frequently.
For more information visit http://www.researchandmarkets.com/research/t5tgvk/education_ict
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