Smart Learning Systems Market Expected to Exceed US$ 119.70 Billion by 2023 | Global Key Players - Blackboard, Pearson, Ellucian, Smart Technologies, Promethean World

Marketprognosis.com Publish a New Market Research Report On “Global Smart Learning Systems Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Smart Learning Systems Market:

The Global Smart Learning Systems Market was valued at USD 51.75 Billion in 2017, and is expected to reach a value of USD 119.70 Billion by 2023, at a CAGR of 15%, during the forecast period (2018-2023).

The learning trend encompasses a wide range of activities, tools and services, which are aiming to directly improve educational outcomes for students, and employees are gaining prominence. Moreover, the smart learning sector is most likely to be benefited from the rising interest in distance learning, as well as the expanded use of these services on smartphones, tablets, other mobile devices, and wearable technology. These factors open several possible growing paths for industries engaged in smart learning and services.

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At university level, institutions are adopting innovative methods, such as smart learning to provide alternative pathways and opportunities for students to develop relevant and valuable skills in line with industry needs. The artificial intelligence/machine learning based software coupled with textbook learning are further adding value to the learning process in the educational institutions. Charitable institutions, like Bill & Melinda Gates Foundation, based out of the United States are working extensively on the implementation of adaptive learning in educational institutions, and have invested USD 3.3 million to blend adaptive online learning solutions with a suite of services to enable students to earn high-quality college degrees at a low cost.

Businesses are changing and are also becoming more competitive, so end-users are demanding more effective database solutions that can increase productivity. The industry has been witnessing a change in the working culture of organizations. With constantly changing business scenarios, it is necessary for organizations to develop a mobile workforce to stay competitive. With this, the demand for flexible IT services is also increasing, which can be met by cloud solutions. Also, the concept of BYOD, which allows employees to use their personal devices such as laptops, tablets, and smart-phones for work, is gaining popularity.

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Eight universities in the top 10 world’s best universities belong to North America. These institutions employ the usage of online learning programs such as MOOCs and distance learning programs, which further bolster the market for smart learning. The Connected initiative implemented has an aim of connecting 99% of the American students to high-speed broadband and internet facilities. American K-12 schools have spent about USD 9.94 billion on education technology, and further growth is expected in the market owing to various factors, such as increased demand for interactive learning, better education content, etc. Los Angeles Unified school district has aimed at equipping 640,000 students in its district with iPad tablets, at a total financial cost 1 billion to be invested in the initiative. San Antonio Independent School district has distributed Dell Latitude 10 tablets to about 33 of the total 90 libraries with e-book capability to facilitate the learning activity.

Major Key Players:

1 Blackboard, Inc.

2 Pearson PLC

3 Ellucian Company

4 Smart Technologies Inc.

5 Promethean World and More…………….

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Smart Learning Systems Market.

Table of Contents:

1 Introduction

2 Research Approach and Methodology

3 Executive Summary

4 Market Dynamics

5 Global Smart Learning Systems Market Segmentation

6 Competitive Intelligence - Company Profiles

7 Investment Analysis

8 Future Outlook of Smart Learning Systems Market

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