Press release
Education Software Market value is reached to USD 3835 million by 2022 | Market Key players are - Cisco, Black board, Pearson, Dell EMC, MAXIMUS, Merit Software, MediaNet Solutions, Edupoint, SEAS, Brainchild, and Among Others
Educational software is the term used for any computer software, which is made for different educational purposes. It encompasses different ranges from language learning software to classroom management software to reference software, etc. The purpose of all this software is to make education more effective and efficient. Advancing Ed Tech Market benefits the disabled children by addressing their learning needs and encouraging more among those challenged students.
This report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market. The demand for the education software is much higher in special education side and is expected to increase in coming years.
Education Software Market Value:
According to the research report, the Educational software Market value was USD 2320 million in 2017 and will expected to reach USD 3835 million in 2022, with increased CAGR of 14.14% from during the forecast period 2017-2022
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Education Software Market Drivers and restraints:
The principal factor supporting the growth of the market is the increasing adoption of e-learning. Additionally, increased digitalization and growing penetration of the internet has increased the consumer preference for online learning over traditional education as it provides more flexibility of time and place in content accessibility, and customization. The key players in the market are offering smart education software based on cloud. The major advantage with these cloud services is that they eliminate several expenses like server deployment, infrastructure, software maintenance and support, including only capital investment for the server’s set-up. Also, cloud-based services ensure high performance, better privacy and delivery. When students are exposed to technology and education software at a very young age, they develop a good attitude towards it. However, the lack of awareness in the remote areas of developing nations is slightly impeding the market expansion.
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Education Software Market Geographical Segmentation:
The global education software market can be segmented into North America, Asia Pacific, Europe, Middle East and Africa, and the rest of the world. The Americas led the market in 2017 with a market share of more than 45%, followed by Asia Pacific and EMEA respectively. The region is expected to continue its domination in the global market during the forecast period.
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Education Software Market Key Players:
Some of the main companies in education software market are Cisco, Black board, Pearson, Dell EMC, MAXIMUS, Merit Software, MediaNet Solutions, Edupoint, SEAS, Brainchild, and Among Others.
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Research Cosmos is a provider of standard and customized Industry research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending Industry reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
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