The upcoming revolution in education system is replacing traditional classroom and learning methods. The implementation of information technology is driving the smart education and learning market. Educational institutes are adopting advanced teaching methods and tools which includes white boards, projectors and smart notebooks. Implementation of such technologies in classroom improves understanding of students and provide with a clearer view about what to learn. Coordination between hardware provider, software innovator and education material provider is making learning easy for students.
The key drivers of smart education and learning market is interactive displays hardware market and active learning. Increasing number of mobile learning applications and professional expertise with technology and towards digital learning are anticipated to drive the smart education and learning market.
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The smart education and learning market is segmented on the basis of software, hardware, service, application and deployment and organization size. The software segmentation includes learning management system, learning content management system and adaptive learning platform and assessment services. The LMS is the software that powers eLearning, and in its most common form it consists of two separate parts. In the first part, a server component performs the core functionality, such as creating, managing and delivering courses, authenticating users, serving data and notifications. The second part is the user interface that runs inside the browser as a web (like Gmail or Facebook), that is used by administrators, instructors and students.
The Smart Education and Learning market is expected to grow at approximately USD 952 Billion by 2023, at 26% of CAGR between 2018 and 2023.
Smart Education and Learning Market Segmentation
The smart education and learning market has been segmented on the basis of hardware and application. Smart Media multi-touch tables are functional and interactive working tools that enable effective and integrated communication with customers and users. The Optimal solution in work-group situations, design studios, in the medical-scientific field, in museums, art galleries, exhibitions and trade fairs.
The prominent players in the Smart Education And Learning Market are – Adobe Systems Inc. (U.S.), Blackboard (U.S.), Educomp (India), Cisco Systems Inc. ( U.S.), McGraw-Hill Education (U.S.), NIIT Limited (India), Pearson Plc. (U.K.) Desire2Learn (Canada), SumTotal System, Inc. (U.S.), Smart Technologies (Canada), Ellucian Company L.P (U.S.), Tata Interactive Systems (India), Promethean Inc. (U.K.), Saba Software Inc. (U.S.), among others.
Market Research Analysis:
Market Research Future Analysis shows that new adoptions of high-tech methods in smart education and learning market. The smart education and learning system allows instructors to pose questions and gather student’s responses during a lecture. These systems are also commonly referred to as clickers, classroom response systems, personal response systems and audience response systems.
Regional analysis for Smart Education and Learning Market is studied in different geographic regions as North America, Europe, Asia-Pacific and Rest of World. North America region is mainly dominating the market because of advanced technology implementation in learning methods and increasing number of students migrating to United States for pursuing higher education. The European region is also gaining growth because of increase demand of online education pursued by students.
Study Objectives of Smart Education and Learning Market.
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Smart Education and Learning Market.
- To provide insights about factors affecting the market growth.
- To analyze the Smart Education and Learning Market based porter’s five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segment by type, application and End-User.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Smart Education and Learning.
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- Investors and consultants
- System Integrators
- Government Organizations
- Research/Consultancy firms
- Technology solution providers
- IT Solution Providers
- Educational Institutes
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