EdTech And Smart Classrooms Market Report 2024 Future Demands, Share Revenue And Forecast 2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033.

The Business Research Company offers in-depth market insights through EdTech And Smart Classrooms Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The edtech and smart classrooms market size has grown rapidly in recent years. It will grow from $163.04 billion in 2023 to $189.18 billion in 2024 at a compound annual growth rate (CAGR) of 16.0%. The growth in the historic period can be attributed to strong economic growth in emerging markets, rising digital transformation and a rise in internet penetration.

The edtech and smart classrooms market size is expected to see rapid growth in the next few years. It will grow to $365.06 billion in 2028 at a compound annual growth rate (CAGR) of 17.9%. The growth in the forecast period can be attributed to increasing government support, rising investments and an increasing penetration of mobile devices. Major trends in the forecast period include artificial intelligence in edtech and smart classrooms, focus on technology advancement, focus on virtual learning environment focus on and strategic partnerships and collaborations.

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Market Segmentation:
The edtech and smart classrooms market covered in this report is segmented -
1) By Education System: Learning Management Systems, Student Information And Administration Systems, Student Collaboration Systems, Student Response Systems, Learning And Gamification, Test Preparation, Document Management Systems, Classroom Management Systems, Talent Management Systems
2) By Deployment: Cloud, On-Premises
3) By Hardware: Interactive Displays, Interactive Projectors
4) By Component: Hardware, Software And Services
5) By End Use: K-12, Higher Education, Kindergarten

Major Driver - The Surging Growth Of Edtech And Smart Classrooms Fueled By E-Learning Investments
The growing investment in eLearning and EdTech is driving the growth of edtech and smart classrooms market going forward. 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 computers, tablets, and even smartphones. E-learning uses EdTech which is the use of technology and technology processes to facilitate learning and improve performance. For instance, according to UN Children's Fund (UNICEF) data reported in March 2021, globally more than 168 million school children missed out on learning in class, as schools in some 14 countries remained largely shut due to COVID-19-related lockdowns. Therefore, this has presented an opportunity for e-learning & edtech providers to capture the market thereby prompting increased investments in the sector. For Instance, according to a report by Tracxn, an India-based platform for tracking start-ups and private companies, Indian ed-tech companies have raised $248 million from January to July 2022 from different sources. The Indian ed-tech companies raised $101 from January to July in 2021, and $251 million annually in 2021. Global ed-tech investments are worth $1.21 billion in 2022. Therefore, the growing investment in eLearning and EdTech will drive the edtech and smart classrooms market.

Competitive Landscape:
Major companies operating in the edtech and smart classrooms market report are Microsoft Corporation, Dell Technologies Inc, Oracle Corporation, Apple Inc, SAP SE, Anthology Inc, Cisco Systems Inc, Ibm Corporation, Alphabet Inc, Lenovo, Openlearning, Typsy, Think And Learn (Byju's), Coursera, Udemy, Atama Plus, Yuanfudao, Vipkid, Zuoyebang, Hujiang, Huohua Siweiare, Teachbuddy, Edurino, Hownow, Eruditus, House Of Math, Bloomcoding, Kahoot, Gostudent, Rainly, Futurelearn, Brainly, Skriware, Nuadu, Maximum Education, Kodland, Dnevnik, Datamonkey, Kinderpedia, Adservio, Code Of Talent, Photomath, Coding Dojo, Devx School, Coco Coders, Eduthings, Outschool, Kindertales, Prosple, Zipboard, Gravity, Agenda Coruja, Educatec, Estuda, Skore.Io, Mkcoach, Signa, Education Journey, Menty, Openpbl.Ai Tecnologia Educacional Ltd, Equipo Toknet, Acamica, Lectio, Mechi Learning, Masterschool, Tonara, Strigo, Tinytap, Almentor, Zenda, Englease, Algooru, Yourself, Ynmodata, Hyperion Development, The Student Hub, Watobe, Orcas, Sprints, Oto Courses, Colnn, Ulesson, Splatt, Roducate

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Top Trend - Technological Advancements Shaping The Landscape Of Edtech And Smart Classrooms
Technological advancement is a key trend gaining popularity in the edtech and smart classrooms market. 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. It features a wide range of interactive digital content and currently encompasses 250 million global Microsoft Teams daily active users. This product, therefore, offers its users seamless student-tutor interaction through easy-to-use interactive tools.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. EdTech And Smart Classrooms Market Characteristics
3. EdTech And Smart Classrooms Market Trends And Strategies
4. EdTech And Smart Classrooms Market - Macro Economic Scenario
5. EdTech And Smart Classrooms Market Size And Growth
…..
27. EdTech And Smart Classrooms Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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