HOME › Press Releases › Smart Education and Learning Market worth 586.04 Billion USD by 2021
Smart Education and Learning Market worth 586.04 Billion USD by 2021
The report "Smart Education and Learning Market by Product (Hardware, Software, Service, Educational Content), User (Academic, Corporate), Learning Mode (Collaborative, Virtual Instructor, Simulation, Adaptive, Social, Blended), and Region - Global Forecast to 2021",The smart education and learning market size is estimated to grow from USD 193.24 Billion in 2016 to USD 586.04 Billion by 2021, at a CAGR of 24.84%.
Browse 93 market data tables and 64 figures spread through 171 pages and in-depth TOC on “Smart Education and Learning Market by Product (Hardware, Software, Service, Educational Content), User (Academic, Corporate), Learning Mode (Collaborative, Virtual Instructor, Simulation, Adaptive, Social, Blended), and Region - Global Forecast to 2021”
Early buyers will receive 10% customization on reports.
Boost in the connectivity of handheld devices, increased collaboration between hardware vendors and educational content providers, increasing significance of eLearning in the corporate and academic setups, technological advancements, widespread government initiatives in the growing market are some of the driving factors of the smart education and learning market.
Learning management systems software to play a key role in the smart education and learning market by 2021
The learning management systems software has the largest market share in the smart education and learning market during the forecast period. Its market share is expected to grow because of its flexibility to create and deliver course according to the requirements. Learning management systems facilitate learners and educators to participate and collaborate from anywhere through mobile access.
Innovative interactive hardware device market will drive the smart education and learning market.
Introduction of interactive hardware device market drives the smart education and learning market. Among smart education hardware market, interactive white boards market is expected to grow at the highest rate, followed by interactive displays. Interactive white board comes with a broad list of features namely multi-touch interaction, digital pen, dry-erase surface, and an interactive software that enables the users to save and share the notes to various learner devices such as laptops, tablets, or smartphones over the internet.
The North American region is expected to contribute the largest market share in the smart education and learning market
North America is expected to hold the largest market share in the smart education and learning market during the forecast period. This is because of the high connectivity of handheld devices. The increasing innovative developments and technological advancement are benefiting all the stakeholders present in the smart education and learning market ecosystem in this region.
The major vendors in the smart education and learning market are Adobe (California, U.S.), Blackboard, Inc. (Washington, U.S.), Educomp (Gurgaon, India), Cisco Systems (California, U.S.), McGraw-Hill (New York, U.S.), NIIT Limited (Gurgaon, India), Pearson PLC (London, U.K.), Desire2learn (Canada), Samsung Electronics (Suwon, Korean), SumTotal Systems (Florida, U.S.), Smart Technologies (Calgary, Canada), Ellucian Company L.P (Virginia, U.S.), Tata Interactive System (Mumbai, India), Promethean, Inc. (Lancashire, U.K.), and Saba Software (California, U.S.).
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India