Maharashtra, India -- (SBWIRE) -- 10/15/2018 -- Smart Education and Learning Market
Rapid advancement in digital technology is not only influencing automotive, manufacturing and retail sector, but also playing a significant role in shaping the educational sector. Growing adoption of consumer electronics such as laptops, e-readers and e-learning apps has transformed conventional learning methodology. Thereby improving the efficiency and understanding in learning methods. Apart from students, corporate professionals are also adopting this smart learning technology, for instance: employees in corporate world are progressively opting for digital learning courses with the aim of staying up-to date with latest information.
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Decreasing productivity and efficiency in educational sector is one of the striking factors behind the emergence of smart education and learning concept. The global smart education and learning market is primarily driven by the factors such as increasing internet penetration, and low cost involved in e-learning. E-learning solutions are cost effective alternatives to the traditional class-room based education system, also people in remote areas, who are unable to access the traditional education system, now can access advanced e-learning solution. According to the data estimated by World Bank in 2015, the number of internet users world-wide is 3.2 billion. This estimate is on the increasing path owing to emergence of various technologies and rapid advancement in the communication methodology. Europe and Central Asia accounted for the major internet users in 2015, which is estimated about 651.5 million users.
Rise in the number of mobile users has significantly contributed in raising the demand for smart education and digital learning. Growing adoption of mobile learning application such as Udemy, Duolingo, Lynda, skill pill and others is playing a crucial role in generating significant demand for e-learning technology. Favourable policies and initiatives adopted by government sectors have also contributed in raising the demand for smart education, thereby raising the market growth. For instance, in November 2017, U.S. Government announced an investment of $75.6 million for the approval of 88 smart schools across New York. Though, innovation in technology has contributed in the development of various commercial sectors such as healthcare, manufacturing, and others. However, this trend has not affected the education sector in a positive manner owing to the economic constraints in the deployment of this concept and lack of skilled expertise among the end users.
Top Key Players of Smart Education and Learning Market :-
Adobe Systems Incorporated, Blackboard Incorporated, Educomp Solutions Limited, Niit Limited, Scholastic Corporation, Smart Technologies Incorporated, D2L Corporation, Ellucian Company, Saba Software Incorporated, SunGard Data Systems Inc.
Market Segment By Type :-
Smart Class, Online Tutoring, Assessment, Tablet Learning Solutions.
Market Segment By Applications :-
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What are the key dynamic factors that are detailed in the report?
Key Market Dynamics: The Global Smart Education and Learning Market research report details the latest industry trends, growth patterns, and research methodologies. The factors that directly contribute to the growth of the market include the production strategies and methodologies, development platforms, and the product model itself, wherein a small change would result in further changes in the overall report. All of these factors are explained in detail in the research study.
Market Outlook: The report also sheds light on some of the major factors, including R&D, new product launches, M&A, agreements, partnerships, joint ventures, collaborations, and growth of the key industry participants, on a regional and global basis.
Major Features: The report provides a thorough analysis of some of the significant factors, which include cost, capacity, capacity utilization rate, production, revenue, production rate, consumption, import/export, supply/demand, gross, market share, CAGR, and gross margin. Besides, the report provides a comprehensive study of the key influencing factors and market inclinations, in addition to the relevant market segments and sub-segments.
Analytical Tools: The Global Smart Education and Learning Market report consists the precisely studied and evaluated information of the key players and their market scope using several analytical tools, including SWOT analysis, Porter's five forces analysis, investment return analysis, and feasibility study. These tools have been used to efficiently study the growth of the major industry participants.
Potential Customers: The report offers detailed insights to users, service providers, suppliers, manufacturers, stockholders, and individuals who are interested in evaluating and self-studying this market.
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