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EdTech & Smart Classroom Market worth $624.36 billion by 2030, growing at a CAGR of 22.44% - Exclusive Report by 360iResearch
EdTech & Smart Classroom Market | 360iResearch
The Global EdTech & Smart Classroom Market to grow from USD 123.53 billion in 2022 to USD 624.36 billion by 2030, at a CAGR of 22.44%.
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The EdTech & smart classroom market encompasses educational technology and intelligent solutions to enhance learning experiences and outcomes. It integrates hardware, software, and educational methodologies to create a technologically advanced learning environment. This market includes Learning Management Systems (LMS), student information systems, classroom management software, online tutoring, e-learning courses, and interactive displays. The extensive scope market offers various tools and platforms for content delivery, learning assessment, and student engagement. It also covers the infrastructure required for these technologies, including network connectivity, data storage, and security services. With the ever-increasing integration of AI, VR, and AR technologies, the scope for personalized and immersive learning experiences continues to expand. The high initial setup costs, resistance to change among educational institutions, digital divide issues that lead to unequal access to technology, and concerns about data privacy and security limit the usage of EdTech and smart classroom solutions. Additionally, providing adequate training and support for educators to integrate technology into their teaching practices takes time and effort. These include the development of AI-driven adaptive learning platforms, the incorporation of gamification in education, greater use of data analytics for measuring student performance, and the potential for blockchain to secure and streamline administrative processes.
The growth trajectory for EdTech & smart classrooms in the Americas is bolstered by substantial investments in educational technology by the government and private sectors. A significant focus on personalizing learning experiences and incorporating STEM education generates demand for innovative platforms and resources in the region. The widespread acceptance of digital textbooks, learning management systems (LMS), and online courses reflects the progressive consumer attitudes towards technology in education. The European Union presents a diverse market with numerous government-led initiatives promoting digital education. In the Middle East, a high preference for mobile learning and collaborative tools, aligning with the region's mobile penetration and younger demographic trends, has augmented the usage of EdTech solutions. Asia Pacific's landscape for EdTech & smart classrooms is robust, with significant government backing in ed-tech initiatives and research. The focus on AI in education and extracurricular learning platforms reflects consumer appetite for competitive learning environments in the Asia-Pacific.
Market Segmentation & Coverage:
This research report categorizes the EdTech & Smart Classroom Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Enabling Technology, market is studied across Advanced Technology, Analytics, Enterprise Resource Planning, Gamification, and Security. The Advanced Technology commanded largest market share of 38.72% in 2022, followed by Analytics.
Based on Education System, market is studied across Classroom Assessment System, Classroom Collaboration System, Classroom Management System, Document Management System, Learning Management System, Student Information System, Student Response System, and Talent Management System. The Learning Management System commanded largest market share of 33.62% in 2022, followed by Classroom Collaboration System.
Based on Deployment Type, market is studied across On-Cloud and On-Premises. The On-Cloud commanded largest market share of 88.37% in 2022, followed by On-Premises.
Based on End-user, market is studied across K-12, Pre-School, and University & Higher Education. The University & Higher Education commanded largest market share of 42.91% in 2022, followed by K-12.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 36.12% in 2022, followed by Americas.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the EdTech & Smart Classroom Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the EdTech & Smart Classroom Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the EdTech & Smart Classroom Market, highlighting leading vendors and their innovative profiles. These include 2U, Inc., Amplify Education, Inc., Anthology Inc., Apple Inc., Cisco Systems, Inc., Cornerstone OnDemand, Inc., Curriculum Associates, LLC, D2L Corporation, Dell Technologies Inc., Discovery, Inc., Ellucian Company L.P., GoGuardian, Google, LLC by Alphabet Inc., Instructure, Inc., International Business Machines Corporation, Kaltura Inc., Lenovo Group Limited, Microsoft Corporation, Newsela Inc., Oracle Corporation, Promethean World Ltd., SAP SE, Skillsoft Corporation, Smart Technologies LLC, Udemy, Inc., and Workday, Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. EdTech & Smart Classroom Market, by Enabling Technology
7. EdTech & Smart Classroom Market, by Education System
8. EdTech & Smart Classroom Market, by Deployment Type
9. EdTech & Smart Classroom Market, by End-user
10. Americas EdTech & Smart Classroom Market
11. Asia-Pacific EdTech & Smart Classroom Market
12. Europe, Middle East & Africa EdTech & Smart Classroom Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the EdTech & Smart Classroom Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the EdTech & Smart Classroom Market?
3. What is the competitive strategic window for opportunities in the EdTech & Smart Classroom Market?
4. What are the technology trends and regulatory frameworks in the EdTech & Smart Classroom Market?
5. What is the market share of the leading vendors in the EdTech & Smart Classroom Market?
6. What modes and strategic moves are considered suitable for entering the EdTech & Smart Classroom Market?
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