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Smart Education and Learning Market Increasing Significance of ELearning in the Corporate and Academic Setups, Forecast and Annual Growth Rate Is +25.3% to 2024

Currently, the smart education and learning market is experiencing emergence of various service providers which is anticipated to pose a healthy competition to other well established players. Some major players that are contributing significantly to the smart education and learning market are Blackboard Inc., Educomp Solutions Ltd., Adobe Corporation, Scholastic Corporation, Cisco System Inc., Smart Technologies Inc., NIIT Ltd. and Saba Software Inc.


Pune, India -- (SBWIRE) -- 01/12/2018 -- "Global Smart Education and Learning Market" added by Data Bridge Market Research. Accounted for USD 200.12 billion in 2016 growing at a CAGR of 25.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Market Definition: 
Smart education and learning is an education system in order to strengthen the capabilities of learners by providing an intelligent, enhanced and customized learning solution. The institutions have introduced digital text books with enhanced, improved and also innovated from of content, method and environment and also providing training to teachers on smart education, and developing a smart education model. It is widely applicable in Higher Education, Small and Medium Businesses, Large Enterprises, and others. Increasing significance of ELearning in the corporate and academic setups may act as the major driver in the growth of smart education and learning market. On the other side, lack of knowledge and expertise among end users may hamper the market.

Industry Drivers & Restraints: 

1.      Boost in the connectivity of handheld devices

2.      Increased collaboration between hardware vendors and educational content providers

3.      Increasing significance of eLearning in the corporate and academic setups

4.      Technological advancements

5.      Widespread government initiatives in growing markets

6.      Lack of knowledge and expertise among end users

7.      Lack of resources and infrastructure in developing markets

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Global Smart Education and Learning Market Segmentation: 
The global smart education and learning market is segmented on the basis of product into hardware, software, services, and educational content. The hardware segment is further sub-segmented into interactive white boards (IWB), interactive displays, interactive tables, and student response systems. The software segment is further sub-segmented into learning management systems, learning content management systems, adaptive learning platform, assessment systems, and others. The service segment is further sub-segmented into managed services, and professional services. The educational content segment is further sub-segmented into audio-based content, text content, and video-based content.

On the basis of learning mode, the global smart education and learning market is segmented into collaborative learning, virtual instructor-led training, simulation-based learning, adaptive learning, social learning, and blended learning.

On the basis of user type, the global smart education and learning market is segmented into academic, and corporate. The academic segment is further sub-segmented into K-12, and higher education. The corporate segment is further sub-segmented into small and medium businesses, and large enterprises.

On the basis of geography, the global smart education and learning market report covers data points for 28 countries across multiple geographies such as

- North America

- South America

- Europe

- Asia-Pacific

- Middle East & Africa

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Top Competitors: 

- Adobe Systems Software Ireland Ltd

- Blackboard, Inc.

- Educomp Solutions Ltd

- Cisco Systems, Inc.

- McGraw-Hill Education

- NIIT Limited

- Pearson

- D2L Corporation


- SumTotal Systems, LLC

- SMART Technologies

- Ellucian Company L.P.

- Sungard Availability Services

- enzabar, Inc.

- Cengage Learning India Private Limited

- Skillsoft Ireland Limited

- Scholastic Inc.

- Among others

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