Market Overview:
The global smart education market is expected to grow at a CAGR of over 16% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart education solutions from K-12 schools and higher education institutions across the globe. Additionally, the growing adoption of digital learning methods among students is also contributing to the growth of this market. The global smart education market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into content, software, and hardware. The content segment is expected to hold a major share in this market owing to its growing demand for e-learning and m-learning solutions among students worldwide. By application, it can be classified into K-12 schools and higher education institutions.
Product Definition:
Smart Education is a form of education that incorporates technology in the teaching and learning process. Smart Education is important because it helps students learn in a more efficient and effective manner. Additionally, Smart Education can help students access information more easily and improve their overall academic performance.
Content:
The global content market is expected to witness significant growth over the forecast period. The primary factor responsible for this growth is increasing adoption of e-learning modules across various industry verticals such as BFSI, IT & telecom, government and public sector, energy & utilities among others. Also known as educational content or learning module it helps in providing knowledge required to perform a specific task or role in an organization effectively.
Software:
Software is the collection of procedures, programs or tools which are used to carry out an operation or tasks. In other words, it is a set of instructions which can be executed by computer to produce desired results. It helps in carrying out various functions such as data processing, communication and problem solving etc.
Software has been witnessing tremendous growth over the past few years owing to its increasing application in automation and digitalization across different industry verticals such as BFSI (Banking, Financial Services.
Application Insights:
The K-12 schools segment dominated the global smart education market in 2017. The growth of this segment can be attributed to the increasing penetration of tablets and smartphones in schools, which has led to an increase in demand for educational apps. Furthermore, a rise in spending on education technology by school districts across the globe is further driving growth. For instance, according to a study conducted by eSchool district Forum that analyzed data from more than 1,000 school districts across U.S., it was found that these districts are investing around USD 12 billion per year on educational technology and services alone. This investment is expected to grow at a significant rate over the next five years as many governments are increasingly funding initiatives related to ICT for Education (ITE).
The higher education segment is anticipated witness lucrative growth over the forecast period owing to increased government expenditure towards improving access.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in technology and content learning by companies such as Apple, Inc.; Google; Microsoft Corporation; and IBM Corporation. These companies are focusing on developing customized educational programs for various levels of education from kindergarten to higher education. For instance, in September 2016, Apple Inc., along with its subsidiary EdTech Company Mavenir launched a new initiative called “Global Learning Consortium†that will work toward designing personalized digital textbooks for students across the world.
The European region dominated the global industry owing to increased focus on research & development activities by prominent players operating in this region coupled with government initiatives encouraging adoption of smart classroom technologies across schools and universities there. In October 2015, UCL (University College London) announced plans of deploying IoT-enabled classrooms using Raspberry Pi computers running Scratch software developed by MIT (Massachusetts Institute of Technology).
Growth Factors:
- Increasing demand for skilled workforce: The global economy is witnessing a shift in the production landscape with the rise of knowledge-based and service economies. This has led to an increased demand for skilled workers, which in turn is fueling the growth of the smart education market.
- Proliferation of digital content and devices: With advancements in technology, there has been a proliferation of digital content and devices that are aiding in the learning process. This is driving the growth of smart education market as schools are increasingly adopting these technologies to impart education effectively.
- Growing emphasis on personalized learning: A key trend observed in smart education market is growing emphasis on personalized learning, wherein students are given customized instruction based on their individual needs and abilities. This helps improve their academic performance as well as overall development skillset .
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Education Market Research Report
By Type
Content, Software, Hardware
By Application
K-12 Schools, Higher Education
By Companies
Cisco, Ellucian, Blackboard, Instructure, Pearson, Samsung Electronics
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
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Smart Education Market Report Segments:
The global Smart Education market is segmented on the basis of:
Types
Content, Software, Hardware
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
K-12 Schools, Higher Education
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:
- Cisco
- Ellucian
- Blackboard
- Instructure
- Pearson
- Samsung Electronics
Highlights of The Smart Education 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:
- Content
- Software
- Hardware
- By Application:
- K-12 Schools
- Higher Education
- 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 Smart Education 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand 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
Frequently Asked Questions?
Smart Education is a term used to describe the use of technology in education. It refers to the integration of digital tools and resources into curricula, teaching methods, and assessment practices. Smart Education can help educators create more engaging learning experiences for students by using technology in innovative ways.
Some of the major players in the smart education market are Cisco, Ellucian, Blackboard, Instructure, Pearson, Samsung Electronics.
The smart education market is expected to grow at a compound annual growth rate of 16%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Education Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Smart Education Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Education Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Smart Education Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Smart Education Market Size & Forecast, 2020-2028
4.5.1 Smart Education Market Size and Y-o-Y Growth
4.5.2 Smart Education Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Content
5.2.2 Software
5.2.3 Hardware
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 K-12 Schools
6.2.2 Higher Education
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Education Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Education Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Content
9.6.2 Software
9.6.3 Hardware
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 K-12 Schools
9.10.2 Higher Education
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Content
10.6.2 Software
10.6.3 Hardware
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 K-12 Schools
10.10.2 Higher Education
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Content
11.6.2 Software
11.6.3 Hardware
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 K-12 Schools
11.10.2 Higher Education
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Content
12.6.2 Software
12.6.3 Hardware
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 K-12 Schools
12.10.2 Higher Education
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Content
13.6.2 Software
13.6.3 Hardware
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 K-12 Schools
13.10.2 Higher Education
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Education Market: Competitive Dashboard
14.2 Global Smart Education Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cisco
14.3.2 Ellucian
14.3.3 Blackboard
14.3.4 Instructure
14.3.5 Pearson
14.3.6 Samsung Electronics
