Smart Education And Learning Market Growth & Forecast [2031]
Smart Education And Learning Market Growth & Forecast [2031]
Segments - Smart Education and Learning Market by Ages (5 to 10 Years, 11 to 18 Years, 19 to 29 Years, 30 to 45 Years, and Above 45 Years), Components (Hardware [Interactive Display {Interactive Projector, Interactive Table, Interactive Flat Panel Display, and Interactive White Board} and Student Response System], Software [Learning Management System, Learning Content Management System, Adaptive Learning Platform, Assessment System, and Others], and Services [Managed & Professional Service and Education Content]), Modes (Social Learning, Blended Learning, Virtual Instructor LED Training, Collaborative Learning, Simulation-based, and Adaptive learning), End-users (Corporates [Small & Medium Enterprises and Large Enterprises] and Academics [K-12 and Higher Education]), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031.
Upcoming
| Report ID :CG-2749
| 4.9 Rating
| 77 Reviews
| 160 Pages
| Format :
Report Description
Smart Education and Learning Market Outlook 2031
The Global Smart Education and Learning Market size was valued at USD 260 Billion in 2022 and is likely reach to USD 1.18 Trillion by 2031, expanding at a CAGR of 18.4% during the forecast period, 2023–2031. The growth of the market is attributed to the rising assuming of e-learning procedure among collective companies and increasing mobile e-learning applications and social gaming.
Smart education and learning is an advanced process of learning and education system wherein several active methods and smart technology are applied to enhance knowledge of students or participants.
Schools and other institutes across the world are increasingly relying upon more active methods and techniques for imparting knowledge and for allowing students participation digitally. Additionally, the smart learning system is widely applied in corporate world for various teaching and communication applications.
Several companies are increasingly adopting various smart devices for business discussion and meetings of employees within organizations. The concept of bring your own device among employees working in business environment has motivated to expand the use of smart learning services.
The outbreak of the COVID-19 pandemic had a positive impact on the market due to wide adoption of smart learning system impacted by emergency shutdown, movement restriction, and work from home (WFH) system.
As employees have to start their WFH due to pandemic restriction, business companies have started expanding their digital platforms to stay connected with employees and several important meetings are increasingly held through smart devices.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing worth for the learning management system (LMS) software across several industries to successfully manage learning content present key factors driving the market.
- Rising demand for connected and engaging learning environment among regular students is a key factor projected to propel the market growth in the coming years.
- Growing acceptance of the smart learning process in the corporate world and wide adoption of smart learning devices among large business enterprises are expected to boost the market growth during the forecast period.
- High cost of the installation of smart learning devices acts as a key restraining factor. This is projected to hamper the market expansion in the coming years.
- Technological improvement in smart learning technology and opening up several distant learning courses for students are offering several opportunities for the market growth.
Scope of Smart Education and Learning Market Report
The report on the global smart education and learning market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes |
Details |
|
Report Title |
Smart Education And Learning Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
|
Base Year |
2022 |
|
Historic Data |
2016–2021 |
|
Forecast Period |
2023–2031 |
|
Segmentation |
Ages (5 to 10 Years, 11 to 18 Years, 19 to 29 Years, 30 to 45 Years, and Above 45 Years), Components (Hardware [Interactive Display {Interactive Projector, Interactive Table, Interactive Flat Panel Display, and Interactive White Board} and Student Response System], Software [Learning Management System, Learning Content Management System, Adaptive Learning Platform, Assessment System, and Others], and Services [Managed & Professional Service and Education Content]), Modes (Social Learning, Blended Learning, Virtual Instructor LED Training, Collaborative Learning, Simulation-based, and Adaptive learning), End-users (Corporates [Small & Medium Enterprises and Large Enterprises] and Academics [K-12 and Higher Education]) |
|
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
|
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
|
Key Players Covered in the Report |
McGraw-Hill; Pearson; Cisco Systems, Inc.; SumTotal Systems, LLC; MPS Interactive Systems Limited, D2L Corporation; Ellucian Company L.P.; Adobe; Samsung Electronics Co., Ltd.; Blackboard Inc.; SMART Technologies ULC; and Educomp Solutions Ltd. |
Smart Education and Learning Market Segment Insights
11 to 18 years segment is expected to grow at a rapid pace
Based on ages, the global smart education and learning market is divided into 5 to 10 years, 11 to 18 years, 19 to 29 years, 30 to 45 years, and above 45 years. The 11 to 18 years segment is expected to grow at a rapid pace during the forecast period.
The segment growth is attributed to increasing use of smart learning devices and computing system in various educational institutions to enhance students’ knowledge development.
Hardware segment is projected to expand at a considerable CAGR
On the basis of components, the market is segregated into hardware, software, and service. The hardware segment is further bifurcated into interactive display and student response system. The interactive display segment is sub-divided into interactive projector, interactive table, interactive flat panel display, and interactive white board.
The software segment is further categorized as learning management system, learning content management system, adaptive learning platform, assessment system, and others.
The services segment consists of managed & professional service and education content. The hardware segment is projected to expand at a considerable CAGR during the forecast period owing to wide advancement in hardware products and technology.
Adaptable learning segment is anticipated to grow at a substantial rate
Based on modes, the global smart education and learning market is divided into social learning, blended learning, virtual instructor LED training, collaborative learning, simulation-based, and adaptive learning.
The adaptable learning segment is anticipated to grow at a substantial rate during the projected period owing to increasing use of computing system to impart continuous learning development in the combination of cognitive and technical skills.
Technology advancement of smart learning devices drive the academic segment
Based on end-users, the market is bifurcated into corporate and academic. The corporates segment is further bifurcated into small & medium enterprises and large enterprises while the academics segment includes K-12 and higher education.
The academic segment is projected to register a high CAGR during the forecast period owing to technology advancement of smart learning devices for academic purposes.
On the other hand, the end-users, segment is anticipated to account for a major market share during the forecast period due to the high demand for smart education and learning in the corporate sector. Moreover, increasing need for improvement of employees’ skills and knowledge needed to meet future challenges presents another key driver of the segment.
Smart Education and Learning Market Regional Outlook
North America is anticipated to constitute a key market share
In terms of regions, the global smart education and learning market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period owing to wide governments and private organizations’ efforts and constant engagement to upgrade the educational policies and learning tools in the region.
However, the market of Asia Pacific is projected to register substantial growth during the forecast period owing to rise in use of the smart education and learning focus devices for both academic and business applications as well as the presence of big economies and their rising investment in the IT sector including India, China, and Japan.
Segments
Ages
- 5 to 10 years
- 11 to 18 years
- 19 to 29 years
- 30 to 45 years
- Above 45 years
Components
- Hardware
- Interactive Display
- Interactive Projector
- Interactive Table
- Interactive Flat Panel Display
- Interactive White Board
- Student Response System
- Interactive Display
- Software
- Learning Management System (LMS)
- Learning Content Management System
- Adaptive Learning Platform
- Assessment System
- Others
- Services
- Managed & Professional Service
- Education Content
Modes
- Social Learning
- Blended Learning
- Virtual Instructor LED Training
- Collaborative Learning
- Simulation-based
- Adaptive learning
End-users
- Corporates
- Small & Medium Enterprises
- Large Enterprises
- Academics
- K-12
- Higher Education
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- McGraw-Hill
- Pearson
- Cisco Systems, Inc.
- SumTotal Systems, LLC
- MPS Interactive Systems Limited
- D2L Corporation
- Ellucian Company L.P.
- Adobe
- Samsung Electronics Co., Ltd.
- Blackboard Inc.
- SMART Technologies ULC
- Educomp Solutions Ltd.
Competitive Landscape
Key players competing in the global smart education and learning market are McGraw-Hill; Pearson; Cisco Systems, Inc.; SumTotal Systems, LLC; MPS Interactive Systems Limited; D2L Corporation; Ellucian Company L.P.; Adobe; Samsung Electronics Co., Ltd.; Blackboard Inc.; SMART Technologies ULC; and Educomp Solutions Ltd.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Smart Education And Learning Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Smart Education And Learning Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smart Education And Learning Market - Supply Chain
4.5. Global Smart Education And Learning Market Forecast
4.5.1. Smart Education And Learning Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smart Education And Learning Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Smart Education And Learning Market Absolute $ Opportunity
5. Global Smart Education And Learning Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Smart Education And Learning Market Size and Volume Forecast by End Users
5.3.1. Corporates Academics
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Smart Education And Learning Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Smart Education And Learning Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Smart Education And Learning Demand Share Forecast, 2019-2026
7. North America Smart Education And Learning Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Smart Education And Learning Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Smart Education And Learning Market Size and Volume Forecast by End Users
7.4.1. Corporates Academics
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Smart Education And Learning Demand Share Forecast, 2019-2026
8. Latin America Smart Education And Learning Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Smart Education And Learning Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Smart Education And Learning Market Size and Volume Forecast by End Users
8.4.1. Corporates Academics
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Smart Education And Learning Demand Share Forecast, 2019-2026
9. Europe Smart Education And Learning Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Smart Education And Learning Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Smart Education And Learning Market Size and Volume Forecast by End Users
9.4.1. Corporates Academics
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Smart Education And Learning Demand Share Forecast, 2019-2026
10. Asia Pacific Smart Education And Learning Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Smart Education And Learning Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Smart Education And Learning Market Size and Volume Forecast by End Users
10.4.1. Corporates Academics
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Smart Education And Learning Demand Share Forecast, 2019-2026
11. Middle East & Africa Smart Education And Learning Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Smart Education And Learning Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Smart Education And Learning Market Size and Volume Forecast by End Users
11.4.1. Corporates Academics
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Smart Education And Learning Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Smart Education And Learning Market: Market Share Analysis
12.2. Smart Education And Learning Distributors and Customers
12.3. Smart Education And Learning Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. McGraw-Hill Pearson Cisco Systems, Inc. SumTotal Systems, LLC MPS Interactive Systems Limited D2L Corporation
Methodology
Related Reports
Some other reports from this category!
Our Clients
