Smart Education and Learning Market worth $586.04 Billion by 2021

According to research 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", published by MarketsandMarkets, global 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 56 figures spread through 160 pages and in-depth TOC on “Smart Education and Learning Market - Global Forecast to 2021”
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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 market.

Learning management systems software to play a key role in the market by 2021

The learning management systems software has the largest market share in the market during the forecast period. Its market share expected to grow because of its flexibility to create and deliver course according to the requirements. Learning management systems help learners and educators to take part and collaborate from anywhere through mobile access.

Innovative interactive hardware device market will drive the smart education market.

Introduction of interactive hardware device market drives the market. Among smart education hardware market, interactive white boards market 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 expected to contribute the largest market share in the market

North America expected to hold the largest market share in the market during the forecast period. This is because of the high connectivity of handheld devices. The increasing innovative developments and technological advancement are helping all the stakeholders present in the ecosystem in this region.

The major vendors in the smart education 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.).

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