Smart Education And Learning Market

Smart Education and Learning Market

  • CG-2749
  • 4.9 Rating
  • 160 Pages
  • Upcoming
  • 77 Reviews
  • PDF Excel PPT
Debadatta

Author :

Debadatta Patel

Partha

Fact-checked by :

PARTHA PAUL

Aman

Editor :

Aman Singh

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 Market Outlook

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.

Smart Education and Learning Market Ages

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.

Smart Education and Learning Market Modes

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.

Smart Education and Learning Market Region

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
  • 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.

Smart Education and Learning Market Key Players

1. Executive Summary
2. 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  

Purchase Premium Report