Apple (US) and Cisco (US) are Leading Players in the EdTech and Smart Classroom Market

The global EdTech and smart classroom market size is expected to grow from USD 85.8 billion in 2020 to USD 181.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 16.1% during the forecast period. The major factors driving the growth of the EdTech and smart classroom market include increasing penetration of mobile devices and easy availablitiy of inetrent , and growing demand for online teacing-learning models , impact of COVID-19 pandemic and growing need for EdTech solutions to keep education system running.

Major EdTech and smart classroom vendors include Apple (US), Cisco (US),  Blackboard (US), IBM (US), Dell EMC (US),Google (US), Microsoft (US), Oracle(US),SAP (Germany), Instructure(US). These market players have adopted various growth strategies, such as partnerships, agreements, and collaborations, and new product enhancements to expand their presence in the EdTech and smart classroom market. Product enhancements and collaborations have been the most adopted strategies by major players from 2018 to 2020, which helped companies innovate their offerings and broaden their customer base.

To know about the assumptions considered for the study download the pdf brochure

A prominent player in the EdTech and smart classroom market, Cisco focuses on inorganic growth strategies such as partnerships, collaborations, and acquisitions. For instance, in April 2020, Cisco partnered with IBM to support distance learning in UK, Spain, and Romania; and in October 2019, Cisco signed a MoU with the Directorate General of Training (DGT) of the Government of India’s Ministry of Skill Development and Entrepreneurship to offer the benefits of digital technology to National Skill Training Institutes (NSTIs).

IBM has a strong presence in the EdTech and smart classroom market as it caters to the maximum number of academic institutions that rely on the IBM Watson platform. The company is one of the major players in the EdTech industry, as it develops and innovate EdTech solutions. IBM has developed solutions as a part of its IBM Watson offering, which includes capabilities of the self-learning technology. IBM’s Kenexa LMS platform helps academic institutions reduce cost and investigation time by applying advanced analytics, Natural Language Processing (NLP), ML, and Robotic Process Automation (RPA) to improve efficiency.

Related Reports:

EdTech and Smart Classroom Market by Hardware (Interactive Displays, Interactive Projectors), System (LMS, SIS, TMS), Technology (Gamification, Analytics, Advanced Technology), and Region - Global Forecast to 2025

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2021 MarketsandMarkets Research Private Ltd. All rights reserved