Smart Education Market 2019-2026
Market Overview:
Smart education is a new method of learning in the field of education that changes the traditional methods of providing education with new methods based on smartphones and other electronic devices. The digital globalization has led to the introduction of smart education that incorporates a comprehensive smart education model that comprises of both hardware and software solutions according to the customer demand. This type of education helps both learners and teachers to use smart devices to augment the learning outcome of traditional education.
There are many educational institutes that are providing holistic learning to students using modern technology to adapt to a fast-changing world. By the use of advanced learning methods like online virtual classrooms, virtual learning environments, smartphones, cloud servers, etc. teachers are helping students to gain more out of the use of advanced and intelligent technology. Smart education hones modern skills like analytics and assessment methods that are needed for new ways of living and working. The adoption of smart education globally is increasing at a faster pace that is driving the smart education market.
The global smart education market report analyses the recent trends, development status, market size and volume of the smart education market. The various government policies and the market drivers, restraints, opportunities and challenges in the global market have led to further optimization of the performance of the product making it more widely used in various applications. Furthermore, Porter’s Five Forces Analysis that includes potential entrants, suppliers, substitutes, buyers and industry competitors provides a critical study for understanding the Smart Education market.
Top Key Vendors:
Cisco Systems Inc., Saba Software Inc., Articulate, Lenovo Group, Jenzabar, SumTotal System, Inc., IBM, Echo, Smart Technologies, Desire2Learn, NIIT Limited, Tata Interactive Systems, Blackboard, Ellucian Company L.P, Microsoft
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Market Segmentation:
The advancement of technology and the resource enriched, motivated, adaptive, and self-directed education system has led to the rise in the global market for smart education. So, on the basis of market segmentation by type, the market can be split into Software, Hardware, Service, Educational content and so on. Whereas based on the market segmentation by application, the market can be categorized as Corporate, Academic and such others. The key companies in the smart education market are providing accessibility to the information anytime and anywhere due to efficient interconnection achieved through the implementation of advanced technologies, innovative methods, and intelligent solutions.
Regional Overview:
Geographically, the smart education market is distributed in various countries like Germany, UK, France, Italy, Poland, Russia, Brazil, Mexico, Colombia, UAE, Egypt, India, Japan, China, Nigeria, Malaysia, Thailand, Vietnam, Indonesia, Philippines, Singapore, United States, and other regions. The report mentions the research done on production, revenue, consumption and the market share and growth for the forecast period of 2014-2026 for the above-mentioned regions. Both emerging and developed countries are witnessing a huge penetration of smart education globally. The various product developments and the launch of innovative products and solutions by the key players are appealing and attracting the consumers on a global scale.
Industry News:
Capstones Events International (CEI Group) is hosting Smart Education Summit, the fourth event in the Smart Summit Series, at Dusit Thani in Dubai, UAE. The objective of this summit is to promote innovation and to achieve global competitiveness further future-proofing educational institutions for the next generation of the MENA region.
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