Education Technology (EdTech) and Smart Classroom Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast – 2025
Leeds, West Yorkshire -- (SBWIRE) -- 10/16/2020 -- Overview of Education Technology (EdTech) and Smart Classroom Market
EdTech and smart classroom market size is expected to grow from USD 78.8 billion in 2020 to USD 176.3 billion by 2025, at a CAGR of 15.1% during the forecast period.
A comprehensive evaluation of the Education Technology (EdTech) and Smart Classroom Market market has been presented in the report for the forecasted period 2019 to 2025. In order to get a deep insight into the market, a wide range of segments have been covered in the report along with the thorough analysis of the key trends and the factors that impact the market. The main highlight of the report includes the key factors that impact the Education Technology (EdTech) and Smart Classroom Market market, the market dynamics, major drivers, restraining factors, and the opportunities and threats that arise in the market. The intrinsic factors that have been identified are restraints and drivers. The identified threats and opportunities are the extrinsic factors that exist in the market setting. The thorough study provides an insight into the market development in terms of the revenue generation capacity during the forecasted period.
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Education Technology (EdTech) and Smart Classroom Market : Research Methodology
Education Technology (EdTech) and Smart Classroom Market research methodologies comprise primary research, secondary and expert panel reviews. Secondary research consists of the following sources: company annual report, research papers, and press releases, as documented in the industry. For further understanding, the following have been considered: Industry magazines, trade journals, government websites, and associations since they also contain vital information that can be useful during the study period. If all these sources are efficiently used to gather information about the industry, then the Education Technology (EdTech) and Smart Classroom Market market achieves its goals in the study, which is most likely to expand its territory in the market.
Primary research has been the best way during the study, as it involves things like; telephone conversations that can be either as interviews or creation of appointments between the Education Technology (EdTech) and Smart Classroom Market researchers and market players. Questionnaires are also used, and this can also be sent as emails or distributing them to the people for question and answer moments. Lastly, there is a face-to-face interaction between the researchers and the market players. This has been the most effective way the two parties involved engage in one on one question and answer sessions. At primary research, the engagement always leaves both Education Technology (EdTech) and Smart Classroom Market research and the market players convinced of the way forward for the betterment of the industry. Primary research enhances discussion on essential factors such as market trends, size, competitions involved has to be done on an ongoing basis with industry experts, to understand the existing market.
Scope of the Report
This report consists of all the requirements for the analysis of the Education Technology (EdTech) and Smart Classroom Market study. Moreover, it provides a comprehensive market estimate from secondary research, primary interviews, and in-house expert reviews. These market estimates have been used to impact social, economic, and political factors, along with the trending market dynamics that hinder the growth of Education Technology (EdTech) and Smart Classroom Market.
Aside from the market overviews, there have been market dynamics that consist of ;/Porter's Five Force analysis, which explains the five forces. The forces are buyers' bargaining power, suppliers' bargaining power, intimidations by the new entrants, threats by the new substitutes as well as the levels of competition in the Education Technology (EdTech) and Smart Classroom Market.
This report also explains various participants, including software and platform vendors, system integrators, end-users, and the mediators between the Education Technology (EdTech) and Smart Classroom Market researcher and the market players in the system of the market. The report also concentrates on the background aggressiveness of Education Technology (EdTech) and Smart Classroom Market.
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Education Technology (EdTech) and Smart Classroom Market: Competitive Landscape
The market analysis entails a section solely dedicated to significant players in the Education Technology (EdTech) and Smart Classroom Market market. For every major player's financial statement, our team of analysts offers insight, vital developments, SWOT analysis as well as product benchmarking. Financial information and business overview are also included in the company profile section. With regards to what the client needs, the companies provided are customizable.
Education Technology (EdTech) and Smart Classroom Market : Key Players
Key Players such as Blackboard Inc., Apple Inc., Discovery Communications, Inc., Dell Inc., Knewton, Inc., Dynavox Systems LLC, Cisco Systems Inc., Lenovo Group Ltd., NIIT Technologies Ltd., Saba Software, Inc., IBM corp., Microsoft Corporation, and Panasonic Corporation.
Education Technology (EdTech) and Smart Classroom Market : Segmentation
Type of Hardware Outlook
Type of Education System Outlook
Learning Management System
Student Information System
Classroom Assessment System
Classroom Collaboration System
Classroom Management System
Document Management System
Student Response System
Talent Management System
Type of Enabling Technology Outlook
Security and Advanced Technology [AI, AR, VR, Robotics, and Blockchain]
Type of End User Outlook
K-12 and Higher Education
Type of Deployment Outlook
Cloud and On-Premises
Rest of Europe
Rest of APAC
Central & South America
Rest of CSA
Middle East & Africa
Rest of MEA
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