Global EdTech & Smart Classroom Market by Type (Student Information System, Classroom Collaboration System, Classroom Management System, Document Management System, Others), By Application (Cloud, On Premises) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global EdTech and Smart Classroom market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart classrooms, rising adoption of cloud-based applications, and growing demand for student information systems (SIS). The student information system segment is expected to hold the largest share of the global EdTech and Smart Classroom market in 2018. This segment is projected to grow at a CAGR of 11.1% during the forecast period from 2018 to 2030. The classroom collaboration system segment is projected to grow at the highest CAGR during the forecast period from 2018to 2030 owingto its ability toreplace traditional methods offeedbackand assessment with real-timecollaboration among studentsand teachers.



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Product Definition:

EdTech refers to the use of technology in education, specifically in the classroom. It encompasses everything from online learning tools to smart boards and tablets. EdTech can help teachers customize their lessons to better meet the needs of their students, as well as engage students in new and innovative ways. Additionally, it can help improve student achievement and overall learning outcomes.

Student Information System:

The student information system (SIS) is a tool that provides students, parents and teachers with all the necessary educational data. The SIS helps in providing access to real-time information which includes test scores, grades, attendance etc., It also helps in managing the student’s academic career from pre-kindergarten to college graduation.

Increasing adoption of elearning solutions by schools.

Classroom Collaboration System:

The global classroom collaboration system and it's usage in the EdTech & Smart Classroom market size was valued at USD 1.1 billion in 2016. The increasing adoption of smart classrooms by educational institutions is expected to drive growth over the forecast period.

Growing student engagement through digital learning and increased use of technology for enhancing teaching &learning are some of the factors driving demand for these systems globally.

Application Insights:

The on-premises model dominated the global market in terms of revenue in 2017. The major factors contributing to this growth are that edutech solutions are integrated with curriculum and pedagogy development, which helps teachers deliver a personalized learning experience to students. Also, these systems help schools/colleges manage student data along with attendance and progress tracking. Cloud based systems have made it easier for institutions to deploy smart classrooms as they offer flexibility in system deployment, easy access from anywhere through internet and mobile devices, reduced costs associated with hardware purchase & maintenance over the long term.

Cloud based applications have gained significant traction among educational institutions due to its ability to store massive amounts of data securely online while offering easy accessibility from anywhere through internet or mobile devices.

Regional Analysis:

North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to increasing investments by governments and other organizations for improving teaching practices and enhancing learning outcomes. Moreover, growing adoption of technology-based solutions by educational institutions in order to enhance classroom experience is anticipated to drive regional growth over the forecast period.

Asia Pacific region accounted for a revenue share of more than 25% in 2017 owing to increasing awareness among students regarding innovative technologies, such as edtech and smart classroom management systems, coupled with government initiatives aimed at developing education infrastructure across countries such as China & India. For instance, Government of India launched “E-KTP Training Program” under which citizens will be trained on using e-kTP system that enables secure transfer of data between bank accounts & mobile phones without having access codes or passwords (Govt., India). Such initiatives are expected to boost regional growth over the next few years.

Growth Factors:

Increasing demand for personalized learning: The traditional education system is not catering to the needs of every student. This has led to a rise in the demand for personalized learning, which is being delivered through EdTech tools and platforms.
Proliferation of affordable devices and internet access: With the advent of low-cost devices and widespread internet access, more students are able to take advantage of EdTech tools and platforms.
Emergence of new EdTech players: A growing number of startups are entering the EdTech space, offering innovative solutions that address various needs in the education sector. This is helping to drive innovation and growth in the market.
Rising focus on STEM education: There is a growing focus on STEM (Science, Technology, Engineering, Mathematics) education worldwide as it helps students develop essential skills needed for future careers in these fields.Edtech tools and platforms that support STEM teaching are seeing increasing demand from educators and students alike .  5


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Scope Of The Report
Report Attributes
Report Details
Report Title
EdTech & Smart Classroom Market Research Report
By Type
Student Information System, Classroom Collaboration System, Classroom Management System, Document Management System, Others
By Application
Cloud, On Premises
By Companies
Apple, Cisco, IBM, Dell, Google, Microsoft, Oracle, SAP, Lenovo, Blackboard Inc., SMART Technologies, Ellucian
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.

Global EdTech & Smart Classroom Market Report Segments:
The global EdTech & Smart Classroom market is segmented on the basis of:
Types
Student Information System, Classroom Collaboration System, Classroom Management System, Document Management System, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cloud, On Premises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Apple
Cisco
IBM
Dell
Google
Microsoft
Oracle
SAP
Lenovo
Blackboard Inc.
SMART Technologies
Ellucian



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Highlights of The EdTech & Smart Classroom Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Student Information System
Classroom Collaboration System
Classroom Management System
Document Management System
Others
By Application:
Cloud
On Premises
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the EdTech & Smart Classroom Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
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8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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