Market Research Future (MRFR) believes that the smart education and learning market 2020 could potentially reach an approximate valuation of USD 952 Billion by 2023. The global market is also likely to procure a robust growth rate of 26% between 2017 and 2023 (analysis period). We will provide COVID-19 impact analysis with the report, along with the developments post the coronavirus disease outbreak.
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The regional study of the smart education and learning industry includes Asia Pacific/APAC, Europe, Americas, as well as the Rest of the World/RoW.
North America is presently the global leader in the smart education and learning market. It is presumed that the SARS-CoV-2 outbreak can further boost the market growth in the region, thanks to the escalating use of consumer electronics like laptops, e-readers and smartphones along with several e-learning applications. Also, several government agencies in Canada and the United States are lending support to the education sector to ensure continued learning sessions as well as interaction between teachers and students. For instance, the Commonwealth of Learning/COL in Canada is supporting educational institutions in creating advanced distance education and smart education solutions for quality learning experience.
The APAC market can possibly advance at the fastest rate, given the fast adoption of ingenious techniques, such as Massive Open Online Courses/MOOCs, gamification, adaptive learning and microlearning. Besides, the rapid prevalence of IoT/Internet of Things, increasing accessibility to internet, and the rapid consumption of the mobile technology have also prompted users to opt for smart education and learning services and solutions.
The MRFR report provides an inclusive segmental analysis of the Smart Education and Learning Industry based on organization size, deployment, application, service, hardware, and software.
By software, the global smart education and learning market is segmented into assessment services, adaptive learning platform, learning content management system, learning management system, and others.
By hardware, the global smart education and learning market is segmented into student response systems, interactive tables, interactive displays, and interactive white boards.
By service, the global smart education and learning market is segmented into professional services and managed services.
By application, the global Smart Education and Learning Market Share is segmented into healthcare, professional services, NGOs and association, enterprise/business education, and government.
By deployment, the global smart education and learning market is segmented into on-premise and cloud.
By organization size, the global smart education and learning market is segmented into a large organization and small & medium organization.
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Eminent players profiled in the smart education and learning market report include Saba Software Inc. (U.S.), Promethean Inc. (U.K.), Tata Interactive Systems (India), Ellucian Company L.P (U.S.), Smart Technologies (Canada), SumTotal System, Inc. (U.S.), Desire2Learn (Canada), Pearson Plc. (U.K.), NIIT Limited (India), McGraw-Hill Education (U.S.), Cisco Systems Inc. ( U.S.), Educomp (India), Blackboard (U.S.), and Adobe Systems Inc. (U.S.), among others.
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