The global demand for EdTech and Smart Classroom Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
A smart classroom is a classroom with teaching equipment and technology systems that can assist and improve a course instruction. Online learning environments are becoming part of the best teaching and practice learning worldwide. They are already used in a wide range of schools across developed nations. Such classrooms work with advanced technology, consisting of new computers, digital and flip cameras, Ultranet, interactive whiteboards, several software programs, and online resources for individual subjects. These hi-tech tools support and improve students' learning. An example is the use of blogs, wikis, and web apps such as Google Docs.
Market Dynamics
The constant increase in the use of connected devices in the education sector worldwide is the primary factor driving the ed-tech and smart classroom market over the forecast time frame. In addition to that, the growing adoption of E-learning Solutions worldwide contribute to the ed-tech and smart classroom market growth. Rising use of Artificial Intelligence(AI) in smart learning and increasing spending on the education sector is positively impacting market growth. Moreover, due to the COVID-19 pandemic leads to the high adoption of online teaching-learning models to keep running, the education system is likely to provide profitable growth opportunities for key players in the coming years.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of edtech and smart classroom.
Market Segmentation
The entire edtech and smart classroom market has been sub-categorized into hardware, education system, enabling technology, end user and deployment type. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Hardware
- Interactive Displays
- Interactive Projectors
By Education System
- Learning Management System
- Student Information System
- Classroom Assessment System
- Classroom Collaboration System
- Classroom Management System
- Document Management System
- Student Response System
- Talent Management System
By Enabling Technology
- Gamification
- Analytics
- ERP
- Security
- Advanced Technology* (AI, AR, VR, Robotics, and Blockchain)
By End User
- Kindergarten
- K-12
- Higher Education
By Deployment Type
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for edtech and smart classroom market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global EdTech and Smart Classroom Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the edtech and smart classroom market include Apple, Cisco, Blackboard, IBM, Dell EMC, Google, Microsoft, Oracle, SAP, 2U Inc., Campus Management, Lenovo, Smart Technologies, Cornerstone Ondemand, Knewton, Inc.,, NIIT Technologies Ltd., Discovery Communication. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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