The incorporation of advanced technology is aiding in upgrading various sectors all over the world. Smart education and learning is a collaboration of advanced technology and traditional teaching and learning practices in order to improve the learning experience of students in every educational field. Market Research Future (MRFR) has published a report stating that the global Smart Education and Learning Market is marked to expand remarkably at a CAGR of 26% during the forecast of 2017-2023 and reach the valuation of USD 952 Bn by the end of the forecast period.
Market Drivers and Restraints:
Various initiatives are being taken by the government all over the globe to improve the education system by enhancing the learning experience of students. Rapid evolution in education system and increased incorporation of technologically advanced techniques to improve the teaching process are some of the key factors that are propelling the growth of the global smart education and learning market. Increasing emphasis on visual representation of information and adoption of interactive display hardware by schools and universities to improve the understanding of subject among students are fueling the growth of the global smart education and learning market. However, low penetration of advanced technology in the underdeveloped regions and reluctance in adopting advanced teaching techniques are likely to restrain the growth of the global smart education and learning market during the forecast period.
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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.
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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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