Smart Education and Learning Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027
Smart education and learning solutions focus on applications on mobile devices and focus on learner mobility. It also provides a flexible learning process that replaces traditional classroom teaching methods. Many educational institutions are shifting their preferences to the concept of smart education by introducing advanced teaching methods such as smart laptops and white boards. The global smart education and learning market was valued at $240 billion in 2017 and is expected to reach $940 billion in 2024, with a CAGR of 22% from 2021 to 2027.
Top Impacting Factors
Increasing acceptance of e-learning in corporate and academic settings, active government initiatives in developing markets, and increasing mobile learning applications are key drivers of the market. However, security and privacy concerns and high implementation costs are expected to hinder market growth during the forecast period.
Smart Education and Learning Market Segments:
By Component
- Software
- Learning Management System
- Learning Content Management Systems
- Adaptive Learning Platform
- Assessment Systems
- Others
- Services
- Training & Certification
- Consulting
- Managed Hosting
- Others
- Educational Content
- Audio-Based Content
- Text Content
- Video-based Content
- Hardware
By Learning Mode
- Virtual Instructor-led Training
- Simulation-based Learning
- Social Learning
- Blended Learning
- Adaptive Learning
- Collaborative Learning
By End User
- Academics
- Corporate
Key Market Players
- Adobe Systems Incorporated
- Educomp Solutions Ltd.
- NIIT Limited
- Smart Technologies, Inc.
- Blackboard, Inc.
- Ellucian Company L.P.
- Saba Software, Inc.
- Unit4
- Desire2Learn Corporation Ltd.
- Cisco Systems, Inc.
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- We cover more than 15 major industries, further segmented into more than 90 sectors.
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Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Smart Education and Learning Market Report
- What was the Smart Education and Learning Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Smart Education and Learning Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
- Which manufacturer/vendor/players in the Smart Education and Learning Market was the market leader in 2018?
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