openPR Logo
Press release

South America EdTech and smart classroom Market revenue to cross US$ 12,386.5 million by 2027

12-07-2021 04:44 AM CET | IT, New Media & Software

Press release from: Business Market Insights

South America Edtech and Smart Classroom Market

South America Edtech and Smart Classroom Market

South America EdTech and smart classroom market is expected to grow from US$ 5,434.8 million in 2019 to US$ 12,386.5 million by 2027; it is estimated to grow at a CAGR of 10.8% from 2020 to 2027.

View Full Report with TOC @ https://www.businessmarketinsights.com/reports/south-america-edtech-and-smart-classroom-market?utm_source=OpenPR&utm_id=10552

Digital transformation has been transforming industries by driving the adoption of digital technologies and smart & connected hardware to increase overall operational productivity and revenues of companies. Education is one of the key industries where digitalization is rapidly evolving with adoption of smart devices such as interactive displays, tablets, notebooks, and smartphones in classrooms and student’s lives. In addition to this, the growing digital content creation for education sector, online/e-learning courses, online exams, virtual classrooms, edutainment, and digital textbooks are further boosting the growth of SAM EdTech and smart classroom market. The growing investments in EdTech startups that are integrating advanced technologies such as AR, VR, and AI in education solutions are further boosting the overall trend of digitalization in the education sector. Also, owing to the ongoing COVID-19 pandemic, the demand of e-learning and online classes has increased multifold with shutting down of schools and colleges in SAM. The pandemic is anticipated to further push the adoption of various digital technologies in education sector at a faster rate with more and more schools, universities, and educational institutes adopting distance learning and virtual classrooms for continued and uninterrupted delivery of education to students. Hence, all these factors are anticipated to drive the growth of SAM EdTech and smart classroom market over the forecast period of 2020 to 2027.

Get Sample Copy of this South America EdTech and smart classroom Market research report at - https://www.businessmarketinsights.com/sample/TIPRE00017319?utm_source=OpenPR&utm_id=10552

South America EdTech and Smart Classroom Market – Key Players:
1. Apple Inc.
2. Blackboard Inc.
3. Cisco Systems, Inc.
4. IBM Corporation
5. Microsoft Corporation
6. Oracle Corporation
7. SAP SE

Market Introduction:
The regional government is concentrating intensely on the education sector, owing to citizens' increased interest in education in the last two decades. In terms of revenue generation from the e-learning market and is anticipated to generate revenue of ~US$ 3 billion by 2023. On the other hand, the education sector in SAM is limited due to the government's inadequate reform and investment. As per UNESCO, around 12 million adults across 20 countries in the region are contributing directly or indirectly to online education. Nowadays, millions of people are retrieving written materials, collaborative software, podcasts, webinars, and more in the region. The development in education patterns in the region often requires approval from certain external parties, such as school boards, state governments, and federal governments. The primary reason behind the growth of EdTech sector in the region is the adoption of mobile and smart phones. It is estimated that around 60% of SAM's mobile connections are smartphones, and the internet user in SAM is expected to reach 63% by the end of 2020. Effective use of available digital information, enhanced by smart education methods, supports the educational initiatives of stakeholders to address the challenges facing education in SAM.

Key Market Segments:
In terms of component, the hardware segment accounted for the largest share of the SAM EdTech and smart classroom market in 2019. Based on deployment type, cloud held the largest market share in 2019. In terms of end-user, upto k-12 segment held a larger market share of the SAM EdTech and smart classroom market in 2019.

South America EdTech and Smart Classroom Market Segmentation:

South America EdTech and Smart Classroom Market - By Component
1. Hardware
2. Software

SAM EdTech and Smart Classroom Market - By Deployment Type:
1. On-Premises
2. Cloud
3. Hybrid

South America EdTech and Smart Classroom Market - By End-User:
1. Upto K-12
2. Higher Education

Order a Copy of this South America EdTech and smart classroom research report at – https://www.businessmarketinsights.com/buy/single/TIPRE00017319?utm_source=OpenPR&utm_id=10552

South America EdTech and Smart Classroom Market - By Country
1. Brazil
2. Argentina
3. Rest of SAM

Contact US:
Business Market Insights
Phone: +442081254005
E-Mail ID: sales@businessmarketinsights.com
Web URL: https://www.businessmarketinsights.com/
LinkedIn URL: https://www.linkedin.com/company/business-market-insights/

About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release South America EdTech and smart classroom Market revenue to cross US$ 12,386.5 million by 2027 here

News-ID: 2487006 • Views: 178

More Releases from Business Market Insights

South and Central America Therapeutic Dog Food Market - Get Strategic Insights - …
The therapeutic dog food market in South and Central America is expected to grow from US$ 521.77 million in 2021 to US$ 737.41 million by 2028; it is estimated to grow at a CAGR of 5.1% from 2021 to 2028. South and Central America Therapeutic Dog Food Market study by “The Business Market Insights” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon
North America Bi-Metal Band Saw Blades Market To 2021-2028 – Business Experts …
Manufacturers of band saw blades are focusing on developing new products that deliver high-quality cuts in different metal cutting applications. The product innovation strategy is primarily focused on improving the performance and durability of blades for high-precision metal cutting. Intense competition in the metal cutting market has been one of the key factors compelling the manufacturers to adopt product innovation strategy. One of the significant manufacturers of band saw and
Progressive Report On South and Central America Poultry Feed Market By Growth, D …
The European continent comprises several developed and developing economies, such as Germany, France, Italy, the UK, and Russia. The presence of large-scale manufacturing plants and huge domestic consumption of food inclusions, propelled by prime focus of food and beverage manufacturers on product innovation through the use of novel ingredients to cater to changing taste habits of customers, make Europe the largest market for food inclusions. Furthermore, products such as fruits
Europe Sleep Apnea Devices Market Size By Type, Application Analysis, Key opport …
The Europe sleep apnea devices market is expected to reach US$ 2,804.7 Mn in 2025 from US$ 1,515.5 Mn in 2017. The market is estimated to grow with a CAGR of 8.3% from 2018-2025. Europe Sleep Apnea Devices Market study by “The Business Market Insights” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape

All 5 Releases


More Releases for EdTech

Genially Wins EdTech Award for Best Presentation Tool 2021
Genially Wins EdTech Digest Award for Best Presentation Tool 2021 NEW YORK - April 19th, 2021 Genially has been named winner of the EdTech Digest Awards in the Best Presentation “Cool Tool” category. This is the largest and most competitive EdTech awards program in the United States recognizing innovation and trendsetters in the education industry. Winners and finalists have been announced to an audience of educators, technologists, students, and policymakers interested in
EdTech Market Size | COVID-19 Impact Analysis | Forecast to 2027
EdTech Market providing accurate and in-depth information about the market using a variety of methodologies and analyzes. It is divided into several parts to cover various aspects of the market for a clearer understanding. Each area is then refined to help readers understand the growth potential of each region and its contribution to the global market. (Get 15% Discount on Buying this Report) Get Sample Copy of EdTech Market at: https://www.orionmarketreports.com/edtech-market/47556/#ert_pane1-1 The EdTech
Six Million User EdTech Whiteboard.fi Attracts Angels
Digital Teaching Tools Finland, a startup behind Whiteboard.fi online whiteboard tool for teachers and classrooms, secured a pre-seed investment from top-tier business angels when Janne Jormalainen, President of European Business Angels Network, and Reima Linnanvirta, Chair of the Board of Finnish Business Angels Network, invested in this promising Finnish EdTech. In addition, the company received a grant from Business Finland. Founded by Sebastian Laxell and Jaakko Virtanen, Whiteboard.fi is an online
Edalex wins 2020 APAC EdTech Venture Competition
Edalex, an EdTech company on a mission to surface learning outcomes, digital assets and the power of individual achievement, were selected as the inaugural winner of the Future of Education in APAC, EdTech Venture Competition. The competition, a program run by Creatella Ventures, and supported by EdTech heavyweights AWS EdStart, EduSpaze and Blackboard, attracted submissions from 167 EdTech startups from more than a dozen countries across the Asia Pacific
Actionable Insights in EdTech and Smart Classroom Market
According to a new market research report published by Global Market Estimates, the Global EdTech and Smart Classroom Market is seen to grow at a substantial rate of 15.6% for the forecast 2020 - 2026. EdTech is defined as the implementation of technology for the better usage of education to assist students effectively and smart classrooms include products like whiteboards, projectors, and various other technologies. Increasing urbanization, easy accessibility of
EdTech startup Lectera.com Launches New Product Lectera Corp.
The Lectera.com international educational online platform announces the launch of a new educational product Lectera Corp. – a purposely-developed module for corporate training. Like all the other Lectera courses, Lectera Corp. is globally available from the moment of the launch in four languages: English, Russian, German and Spanish. At any time and from any place, platform’s corporate clients’ employees can undergo training in the most popular areas: sales, business, digital