Global Smart Education and Learning Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
Global Smart Education and Learning Ma rket Overview:
“The global Smart Education and LearningMarket size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global education and learning market report has been segmented on the basis of service, educational content, end user, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Smart education and learning is a concept that describes learning in digital format using many advanced technologies such as white boards, projectors and smart notebooks. Smart education and learning play up on applications of mobile instruments and focus on mobility of learner.
Increasing adoption of mobile learning applications and technologies among individuals, is a major factor driving growth of the global education and learning market. In addition, increasing preference for digital technologies to be used in education is another factor expected to propel growth of the smart education and learning market over the forecast period.
However, lack of proper infrastructure and skilled professionals in developing economies are major factors restraining the growth of the global education and learning market. Additionally, high initial costs coupled with security concerns are other major factors expected to hamper the growth of the global education and learning market over the forecast period.
Currently, the market in North America accounts for highest share in the global education and learning market in terms of revenue, owing to a strong and efficient IT infrastructure and increasing adoption of technologies in various end use industries in the region. The market in Europe accounted for second-highest revenue share in the global education and learning market, due to growing demand for technology enabled education practices, followed by markets in Asia Pacific, Latin America, and Middle East & Africa respectively.
The market in Asia Pacific is projected to witness a fastest growth in terms of revenue, owing to high adoption of smart learning and education techniques in developing economies in the region. Moreover, the markets in Latin America and Middle East & Africa are expected to witness moderate growth over the forecast period. Also, revenue from the market in Middle East & Africa is projected to register a CAGR of XX.X% over the forecast period.
Global education and learning market segmentation:
- Managed Services
- Professional Services
By Educational content:
- Audio-Based Content
- Text Content
- Video-Based Content
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Adobe Systems Incorporated
- Educomp Solutions Ltd.
- NIIT Limited
- Smart Technologies Corporation
- Blackboard, Inc.
- Ellucian Company L.P.
- Saba Software, Inc.
- Desire2Learn Corporation Ltd.
- Cisco Systems, Inc.
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