EdTech And Smart Classrooms Market Report 2023-2032: Market Size, Share, Analysis And Insights | 2U Inc., Anthology Inc., Apple Inc., Blackboard Inc., Cisco Systems Inc

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's EdTech And Smart Classrooms Global Market Report 2023 identifies growing investment in eLearning and EdTech as the major driver for the EdTech And Smart Classrooms market's growth in the forecast period. E-learning stands for electronic learning and it allows people to learn via electronic media, typically on the internet. It allows users to take courses online using electronic devices, such as a computer, tablets, and even smartphones. 

The global edtech and smart classrooms market size grew from $140.24 billion in 2022 to $162.89 billion in 2023 at a compound annual growth rate (CAGR) of 16.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The edtech and smart classrooms market size is expected to grow to $304.63 billion in 2027 at a CAGR of 16.9%.

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Major competitors in the EdTech And Smart Classrooms market are 2U Inc., Anthology Inc., Apple Inc., Blackboard Inc., Cisco Systems Inc.
A key trend in the EdTech And Smart Classrooms market includes technological advancement. Major players operating in the market are concentrating their efforts on creating innovative technologies like the Virtual Learning Environment (VLE) app that uses AI (Artificial Intelligence). For Instance, in December 2021, Microsoft corporation, a US-based technology company, and the Oliver Group an Ireland-based EdTech company jointly launched a new virtual learning environment app. This app that runs on the Microsoft Teams application is an intuitive software platform that delivers a wide range of interactive digital content and offers the user a more user-centric learning experience. 

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The EdTech And Smart Classrooms market is segmented -

1. By Education System: Learning Management System, Student Information and Administration System, Student Collaboration System, Student Response System, Learning and Gamification, Test Preparation, Classroom Management System, Document Management System, Talent Management System.
2. By Deployment Type: Cloud, On-Premises
3. By Hardware: Interactive Displays, Interactive Projectors
4. By Component: Hardware, Software, Services
5. By End-Use: K-12, Higher Education
6. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the EdTech And Smart Classrooms market.

The Business Research Company's "Global EdTech And Smart Classrooms Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The EdTech And Smart Classrooms Market Include:

1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
……
19. Company Profiles
20. Key Mergers And Acquisitions
21. Opportunities And Strategies
22. EdTech And Smart Classrooms Market, Conclusions And Recommendations
23. Appendix

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