The global smart education and learning market size is
expected to reach USD 423.2 billion by 2025 at a 15.2% CAGR during the forecast
period, according to a new report by Grand View Research, Inc. Demand for smart
education is increasing among the growing population owing to benefits such as
improved education quality and easy access to educational content. Increasing
adoption of consumer electronics such as smartphones, e-readers, laptops, and
e-learning apps has altered conventional learning methodology and enhanced
efficiency of learning methods. Additionally, there are enormous opportunities
for advancements in the smart education market owing to improved Internet
accessibility.
However, lack of awareness among end
users about latest technologies and inadequate amount of resources for
delivering quality education in developing regions are anticipated to hinder
market growth.
Compared to traditional classrooms
based on one-way learning, the learning experience in current times has
transformed immensely. Students are exposed to digital devices at an early age.
New learning modes such as adaptive learning, simulation-based learning,
blended learning, and collaborative learning have subsequently evolved and
offer an enhanced learning experience.
The simulation-based learning segment
is anticipated to exhibit the highest CAGR owing to the fact that this mode
enables corporates and educational institutions to create a realistic
experience in a controlled environment. It also enables professionals and
learners to practice, navigate, explore, and obtain more information through a
virtual medium before they start working on real-life tasks.
Growing awareness among people and
rising popularity of smart education are encouraging solution providers to
invest in research and development for creating more reliable, better, and
cost-effective solutions. Manufacturers are making substantial investments to
develop new products for enhancing user experience.
Browse full research report on Smart Education and Learning Market: https://www.grandviewresearch.com/industry-analysis/smart-education-learning-market
Further key findings from the report suggest:
- Growing
demand for smart education can be accredited to factors such as increased
demand among instructors and learners for improving quality of education,
reducing expenses of online training, curbing geographic challenges in
physically attending classes, and time constraints faced by aspirants
- Increasing
penetration of Internet of Things (IoT), enhanced Internet accessibility,
and rapid adoption of mobile technology have encouraged users to adopt
smart education solutions
- Innovative
techniques such as gamification, Massive Open Online Courses (MOOCs),
microlearning, and adaptive learning, which improve the overall learning
process, are expected to drive the smart education and learning market
over the projected period
- North
America accounted for the largest market share in 2017 owing to its large
consumer base
- Some
of the key industry participants in the market are Adobe Systems
Incorporated (U.S.); Blackboard, Inc. (U.S.); Cisco Systems, Inc. (U.S.);
Educomp Solutions Ltd. (India); and McGraw-Hill Education (U.S.).
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/smart-education-learning-market/request/rs1
Grand View Research has segmented the global smart education and
learning market based on component, learning mode, end user, age, and region:
Smart Education and Learning Component Outlook (Revenue, USD
Million, 2014 - 2025)
- Hardware
- Interactive
Display
- Interactive
Projector
- Interactive
Table
- Interactive
Flat Panel Display
- Interactive
White Board
- Student
Response System
- Software
- Learning
Management System (LMS)
- Learning
Content Management System
- Adaptive
Learning Platform
- Assessment
System
- Others
- Service
- Managed
and Professional Service
- Education
Content
Smart Education and Learning Mode Outlook (Revenue, USD Million,
2014 - 2025)
- Social
Learning
- Blended
Learning
- Virtual
Instructor Led Training
- Collaborative
Learning
- Simulation
Based
- Adaptive
Learning
Smart Education and Learning End User Outlook (Revenue, USD
Million, 2014 - 2025)
- Corporate
- Small
& Medium Businesses
- Large
Enterprises
- Academic
- K-12
- Higher
Education
Smart Education and Learning Age Outlook (Revenue, USD Million,
2014 - 2025)
- 5 to
10 years
- 10 to
18 years
- 19 to
29 years
- 30 to
45 years
- Above
45
Smart Education and Learning Regional Outlook (Revenue, USD
Million, 2014 - 2025)
- North
America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- Asia
Pacific
- China
- Japan
- India
- South
America
- Brazil
- Middle
East & Africa (MEA)
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For
more info visit @ https://www.grandviewresearch.com
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