Snapshot: Academic Computing Software To Hit $419 Mil. by 2010
Spurred by growth in collaboration and communications technologies, the academic computing market is forecast to hit $419 million by 2010, according to a forecast from education consultancy
Eduventures.
Accountability and emerging pedagogical shifts to Web-enabled education delivery underlay significant trends in academic computing. Academic computing products, which include learning management systems, also expect high growth in assessment systems, collaboration platforms, and digital asset management systems, as well as content creation tools.
The academic computing market is a fast-growing market with forecast 2007 revenues of $342 million and four-year compound annual growth rate of 5.21 percent.