Global Smart Education and Learning Market, By Product (Hardware, Software, Services and Educational Content), Learning Mode (Collaborative Learning, Virtual Instructor-Led learning, Simulation-Based Learning, Adaptive Learning, Social Learning and Blended Learning), Age (5-10 Years, 10-18 Years, 19-29 Years, 30-45 Years and Above 45 Years), Deployment (Cloud and On-Premise), User Type (Academic and Corporate), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Smart Education and Learning Market
Data Bridge Market Research analyses that the smart education and learning market will exhibit a CAGR of 19.83% for the forecast period of 2021-2028. Rising demand for collaboration based learning, rise in the number of virtual schools and increase in the number of learning application running on mobile phones are the major factors attributable to the growth of smart education and learning market. The smart education and learning market value will therefore stand tall by USD 869.17 billion by 2028.
The smart education and learning technology incorporates the application of cloud platform, learning applications and software to impart learning and education. This technology provides smart and customized learning solutions involving graphics and videos.
Rising expenditure for research and development activities on smart education and learning technology is creating lucrative growth opportunities for the market. Boost in the connectivity of handheld devices will further induce growth in the smart education and learning market value. Increased collaboration between hardware vendors and educational content providers coupled with growth in the number of mobile learning applications will also propel growth in the demand for smart education and learning. Rising digitization of economies especially the developing ones coupled with increasing significance of e-learning in the corporate and academic setups is another growth opportunity for the smart education and learning market.
However, dearth of skilled professionals or trained personnel will pose a major challenge to the growth of smart education and learning market. Also, high costs associated with installation and maintenance will further create hindrances for the growth of smart education and learning market. Rising security and privacy concerns will also dampen the market growth rate.
This smart education and learning market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on smart education and learning market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Smart Education and Learning Market Scope and Market Size
The smart education and learning market is segmented on the basis of product, learning mode, age, deployment and user type. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of product, the smart education and learning market is segmented into hardware, software, services and educational content. Hardware segment is sub-segmented into interactive white boards, interactive displays, interactive tables and student response systems. Software segment is sub-segmented into learning management systems, learning content management systems, adaptive learning platform, assessment systems and others. Services segment is sub-segmented into professional services and managed services. Educational content segment is sub-segmented into audio-based content, video-based content and text content.
- On the basis of learning mode, the smart education and learning market is segmented into collaborative learning, virtual instructor-led learning, simulation-based learning, adaptive learning, social learning and blended learning.
- On the basis of age, the smart education and learning market is segmented into 5-10 years, 10-18 years, 19-29 years, 30-45 years and above 45 years.
- On the basis of deployment, the smart education and learning market is segmented into cloud and on-premise.
- On the basis of user type, the smart education and learning market is segmented into academic and corporate. Academic segment is sub-segmented into K-12 and higher education. Corporate segment is sub-segmented into small and medium enterprises and large enterprises
Global Smart Education and Learning Market Country Level Analysis
Global smart education and learning market is analysed and market size, volume information is provided by country, product, learning mode, age, deployment and user type as referenced above.
The countries covered in the smart education and learning market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America holds a prominent share in the global smart education and learning market owing to the availability of adequate infrastructure and growing adoption of technologies in educational institutions. Asia-Pacific on the other hand is projected to score the highest CAGR for the forecast period owing to rising educational infrastructural development.
The country section of the smart education and learning market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Smart Education and Learning Market Share Analysis
The smart education and learning market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to smart education and learning market.
The major players covered in the smart education and learning market report are Adobe, Educomp Solutions Ltd, Cisco Systems, Inc., McGraw Hill, NIIT, D2L Corporation, SAMSUNG, Sumtotal Systems, LLC, SMART Technologies ULC, Ellucian Company L.P., MPS Interactive Systems Limited, Saba Software, BYJU'S., Instructure, Inc., PROMETHEAN LIMITED, Pearson India Educations Services Pvt. Ltd., Jenzabar, Inc., Cengage Learning, Inc. and SkillSoft among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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