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Smart Education and Learning Market is expected to register exponential growth

04-17-2024 06:16 AM CET | IT, New Media & Software

Press release from: Market Data Forecast

Smart Education and Learning Market is expected to register

According to the latest research report published by Market Data Forecast, the global smart education and learning market is predicted to reach USD 333.42 billion in 2024 and USD 743.58 billion by 2029, growing at a CAGR of 17.4% during the forecast period.

The term "smart education" describes the application of technology to improve and change the conventional educational framework. It is essential in the digital age because it can change the current educational system and give pupils a customised learning experience.

Global Smart Education and Learning Market Report Scope:
• Market Size (2029): USD 743.58 Billion
• Market Size (2024): USD 333.42 Billion
• CAGR (2024 to 2029): 17.4%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: By Hardware, Software, Service, Educational Content, Learning Mode, User, and Region
• Geographies Covered: North America, Europe, APAC, Latin America, and Middle East & Africa
• Key Market Players Profiled: Blackboard Inc, Educomp, Adobe systems, Cisco Systems, Samsung, Promethean Inc, Sum total system, Pearson, Echo 360, Smart Technologies, McGraw Hill Education, Desire2learn, Ellucian company, Jenzabar, Fujitsu, and others

Market Drivers:

The increasing adoption of e-learning strategies by corporate organisations to create effective training programmes for their staff is one of the main reasons propelling the market's growth. Furthermore, the growing need for interactive learning strategies like gamification and mobile educational apps is expected to fuel the growth of the smart education and learning market.
Furthermore, the two primary focuses of smart education and learning solutions are student mobility and mobile device applications. These are also propelling the growth of the smart education and learning market. Additionally, a lot of educational institutions embrace smart education by putting cutting-edge teaching strategies into practise, such using smart notebooks and whiteboards. Some of the reasons propelling the growth of the global smart education and learning market include the increasing need for collaboration-based learning, enhanced connectivity of handheld communication devices, and smart solutions for workers, students, and others to become digitally educated.
The smart education and learning market is also driven by the growing use of e-learning. One of the main factors driving the market's rise is the increasing usage of online tools by corporate organisations to provide effective training programmes for their employees. Furthermore, it is expected that the market for smart education and learning would grow as demand for interactive learning techniques like gamification and mobile educational applications increases. Students' usage of technological aids in class has been encouraged by the "bring your device" (BYOD) policy. Because of their benefits, which include better focus, cost-effectiveness, and convenience of use, these strategies have become more popular.

Market Restraints:

The lack of sufficient research is restricting the smart education and learning market. It is needed for the effective integration. Moreover, efficacy changes according to the technology and context. This makes it difficult to measure the performance.
Furthermore, the smart education and learning market is anticipated to be constrained due to a shortage of qualified personnel. Moreover, the market for smart education and learning would not be able to grow because of the high costs of installation and maintenance.
The gap between how teachers are expected to engage with evolving technologies and how they are trained also worries researchers and other educators who attended our listening sessions, as instructors are professionals. Teachers are key players in the conversation about learning, thus the surroundings in which they are trained have a significant impact on their capacity to function well in both established and developing technology contexts.

Browse full details of the report @ https://www.marketdataforecast.com/market-reports/smart-education-and-learning-market

Key Insights from The Report:
•Based on Hardware, the Interactive white boards segment led the market and accounted for a large share of the global market in 2023.
•Based on Software, the Learning management system segment captured the largest share of the global market in 2023.
•Based on Service, Professional Services is anticipated to dominate the market during the forecast period in 2023.
•Based on Educational Content, the Video-Based Content segment is expected to lead the market in the forecast period in 2023.
•Based on Learning Mode, the Virtual instructor led training segment is predicted to dominate the market.
•Based on User, the Academic segment led the market in the forecast period.

•North America dominated the Smart Education and Learning Market in 2023. Asia-Pacific accounted for the second-highest share of the global market in 2023, and the European region is estimated to grow over the forecast period.

SEGMENTATION INCLUDED IN THIS REPORT:

By Hardware
•Interactive white boards
•Interactive displays
•Interactive tables
•Student response systems

By Software
•Learning management system
•Learning content management system
•Adaptive learning platform
•Assessment systems
•Others

By Service
•Managed Services
•Professional Services

By Educational Content
•Audio-Based Content
•Text Content
•Video-Based Content

By Learning Mode
•Collaborative Learning
•Virtual instructor led training
•Simulation based learning
•Adaptive learning
•Social learning
•Blended learning

By User
•Academic
•Corporate

By Region
•North America
•Europe
•Asia Pacific
•Middle East and Africa
•Latin America

TABLE OF CONTENTS:

1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year, and Forecast Periods
1.4 General Study Assumptions

2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline

3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemiology

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market

5. Market Segmentation
5.1 Hardware
5.1.1 Introduction
5.1.2 Interactive Whiteboards
5.1.3 Interactive displays
5.1.4 Interactive tables
5.1.5 Student Response Systems
5.1.6 Y-o-Y Growth Analysis, By Hardware
5.1.7 Market Attractiveness Analysis, By Hardware
5.1.8 Market Share Analysis, By Hardware
5.2 Software
5.2.1 Introduction
5.2.2 Learning Management System
5.2.3 Learning Content Management System
5.2.4 Adaptive Learning Platform
5.2.5 Assessment Systems, Others
5.2.6 Y-o-Y Growth Analysis, By Software
5.2.7 Market Attractiveness Analysis, By Software
5.2.8 Market Share Analysis, By Software
5.3 Service
5.3.1 Introduction
5.3.2 Managed Services
5.3.3 Professional Services
5.3.4 Y-o-Y Growth Analysis, By Services
5.3.5 Market Attractiveness Analysis, By Services
5.3.6 Market Share Analysis, By Services
5.4 Educational Content
5.4.1 Introduction
5.4.2 Audio-Based Content
5.4.3 Text Content
5.4.4 Video-Based Content
5.4.5 Y-o-Y Growth Analysis, By Educational Content
5.4.6 Market Attractiveness Analysis, By Educational Content
5.4.7 Market Share Analysis, By Educational Content
5.5 Learning Mode
5.5.1 Introduction
5.5.2 Collaborative learning
5.5.3 Virtual instructor-led training
5.5.4 Simulation-based learning
5.5.5 Adaptive learning
5.5.6 Social learning
5.5.7 Blended learning
5.4.8 Y-o-Y Growth Analysis, By Learning Mode
5.4.9 Market Attractiveness Analysis, By Learning Mode
5.4.10 Market Share Analysis, By Learning Mode
5.6 User
5.6.1 Introduction
5.6.2 Academic
5.6.3 Corporate
5.6.4 Y-o-Y Growth Analysis, By User
5.6.5 Market Attractiveness Analysis, By User
5.6.6 Market Share Analysis, By User

6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Hardware
6.1.3.3 By Software
6.1.3.4 By Service
6.1.3.5 By Educational Content
6.1.3.6 By Learning Mode
6.1.3.7 By User
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Hardware
6.1.4.3 By Software
6.1.4.4 By Service
6.1.4.5 By Educational Content
6.1.4.6 By Learning Mode
6.1.4.7 By User
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Hardware
6.1.5.3 By Software
6.1.5.4 By Service
6.1.5.5 By Educational Content
6.1.5.6 By Learning Mode
6.1.5.7 By User
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U. K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa

7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter's Five Analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry

8. Market Leaders' Analysis
8.1 Blackboard Inc
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Educomp
8.3 Adobe Sytems
8.4 Cisco Systems
8.5 Samsung
8.6 Promethean Inc
8.7 Pearson
8.8 Echo 360
8.9 Fujitsu
8.10 Desire2learn

9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations, and Joint Ventures
9.4 New Product Launches

10. Market Outlook and Investment Opportunities

11. Appendix
a) List of Tables
b) List of Figures

ABOUT US:
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

MarketDataForecast
www.marketdataforecast.com
Phone: +1-888-702-9626
Email: sales@marketdataforecast.com
3rd Floor, Trendz Park Building, Jain Rock Garden Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana, India.

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