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Home›Travel & Lifestyle›Smart education market size records 13.1% year-on-year growth, with rising employment prospects boosting market growth

Smart education market size records 13.1% year-on-year growth, with rising employment prospects boosting market growth

By admin1
October 13, 2022
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New York, October 12, 2022 /PRNewswire/ — Products (content, software and hardware), end users (higher education and K-12 schools) and geographies (APAC, Europe, North America, South AmericaWhen middle east When Africa) – Forecast and Analysis 2022-2026 report has been added to Technavio’s products. Here are the potential growth differences for the Smart Education market size in 2021 and 2026: US$1583.7 billion. To get accurate annual growth variance and YOY growth, request a free PDF sample report.

Technavio has released its latest market research report titled Global Smart Education Market 2022-2026.

Technavio has released its latest market research report titled Global Smart Education Market 2022-2026.

Key market dynamics

  • Market drivers: Rising employment prospects are boosting the growth of the smart education market. There is a large supply and demand gap in employment as students lack industry-specific skills. Therefore, educational institutions are adopting advanced learning methods such as smart education to improve the job prospects of their students. They focus on providing students with industry-relevant skills so that they can train according to industry requirements. The increased focus on STEM-based education has increased the demand for educational technology products. These factors are boosting the growth of the market.

  • Market challenges: budget constraints We are challenging the growth of the smart education market. Purchasing and maintaining smart educational devices is expensive. Many educational institutions that provide smart education do not have sufficient financial support. They need to procure expensive hardware systems such as classroom wearables and projectors. Additionally, institutions in emerging countries lack the capital needed to install these products. These institutions may not be able to make significant investments in implementing and maintaining smart software solutions such as LMS. These factors limit the growth of the market during the forecast period.

To learn about other key drivers, trends, and challenges available on Technavio, visit Read a free PDF sample report today.

market segmentation

By product, content The segment will be the largest contributor to market growth during the forecast period. Content plays a key role in traditional and online classroom learning environments. In online education setups, content is presented in a variety of formats apart from traditional text formats. Institutions source several types of digital content in the form of graphics, text, and video to provide an engaging classroom environment for students. As such, educational institutions are incorporating online content into their teaching and learning methodologies. Such advantages of content drive market growth during the forecast period.

Asia Pacific It will be the major region accounting for 44% of the market growth during the forecast period. China When India It is the leading country in the regional smart education market.

View Free PDF Sample Report For additional insights on the contribution of every segment and regional opportunity in the report.

some companies mentioned

  • Adobe Inc.

  • Anthology Inc.

  • Cisco Systems, Inc.

  • Cornerstone On Demand Co., Ltd.

  • D2L Inc.

  • Dell Technologies, Inc.

  • Discovery Education Co., Ltd.

  • Echo360 Inc.

  • Educomp Solutions Co., Ltd.

  • Ellucian Co. LP

  • Infrastructure Co., Ltd.

  • International Business Machines Corporation

  • Jenzabar

  • NIIT Co., Ltd.

  • Pearson Plc

  • Promethean Co., Ltd.

  • Samsung Electronics Co., Ltd.

  • Smart Technologies ULC

  • Think and Learn Pvt.

  • Unit 4 NV

Would you like to customize your report? Speak with an analyst to personalize the report to your needs

Related reports

Self-Paced E-Learning Market by Product and Region – Forecast and Analysis 2022-2026: The self-paced e-learning market share is US$7.2 billion From 2021 to 2026.

Self-Paced E-Learning Market by Product and Region – Forecast and Analysis 2022-2026: Self-paced e-learning market share US$7.2 billion From 2021 to 2026.

Market size of smart education

report coverage

detail

page number

120

base year

2021

Forecast period

2022-2026

Growth Momentum and CAGR

Accelerate at 18.9% CAGR

Market growth 2022-2026

US$158.37 billion

market structure

fragmented

YoY growth rate (%)

13.1

Regional analysis

APAC, Europe, North America, South America, Middle East, Africa

Execution of market contribution

Asia Pacific 44%

Main consumption country

USA, China, India, UK, Germany

competitive environment

Scope of major companies, competitive strategies and consumer engagement

Company profiled

Adobe Inc., Anthology Inc., Cisco Systems Inc., Cornerstone OnDemand Inc., D2L Corp., Dell Technologies Inc., Discovery Education Inc., Echo360 Inc., Educomp Solutions Ltd., Ellucian Co. LP, Instructure Inc., International Business Machines Corp., Jenzabar Inc, NIIT Ltd, Pearson Plc, Promethean Ltd., Samsung Electronics Co. Ltd., SMART Technologies ULC, Think and Learn Pvt. Ltd., Unit4 NV

market dynamics

Parent market analysis, market growth drivers and impediments, fast and slow growth segment analysis, impact of COVID-19 and future consumer dynamics, and market landscape analysis for the forecast period.

Customization range

If the data you’re looking for isn’t in the report, contact an analyst to customize the segment.

Browse the Consumer Discretionary Market Report

main topic

1.executive summary

2 Market Outlook

3 Market size

4 Five Forces Analysis

5 Market Segmentation by Product

6 Market Segmentation by End User

7 Customer Situation

8 Geographical landscape

9 Factors, Challenges and Trends

10 vendor landscape

11 vendor analysis

12 Appendix

about us

Technavio is the world’s leading technology research and advisory firm. Their research and analysis focuses on emerging market trends, with actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market position. provide.

With over 500 expert analysts, Technavio’s report library consists of over 17,000 reports covering 800 technologies across 50 countries. Their customer base consists of companies of all sizes, including over 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify existing and potential market opportunities and compete within changing market scenarios. Evaluate power.

contact
Technavio Research
Jessie Maida
Media & Marketing Executive
USA: +1 844 364 1100
UK: +44 203 893 3200
Email:media@technavio.com
Website: www.technavio.com/

Global Smart Education Market 2022-2026

Global Smart Education Market 2022-2026

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