EdTech and Smart Classroom Market Sets New Record, Projected at USD 277.21 Billion By 2028 at 16.4% CAGR

The EdTech and smart classroom market size is projected to be valued at USD 85.91 billion in 2020 and is expected to rise to USD 277.21 billion by 2028. The market is expected to register a CAGR of 16.4% during the forecast period from 2021 to 2028. Various factors propelling the demand for EdTech and smart classrooms include:

● The increasing digitalization has a substantial impact on market growth in the education sector. This tendency, together with the widespread use of linked and smart devices in e-learning, is a major factor driving demand for EdTech and smart classrooms.
● The rise in public-private partnerships supporting online education around the world is also fueling the worldwide EdTech and smart classroom sector.
● Increasing public-private initiatives to promote online education around the world, as well as greater availability of online courses from leading education institutes, are boosting the expansion of the worldwide EdTech and smart classrooms industry.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐰𝐢𝐭𝐡 𝐀𝐧 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐋𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐋𝐚𝐭𝐞𝐬𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐔𝐩𝐜𝐨𝐦𝐢𝐧𝐠 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬: https://www.polarismarketresearch.com/industry-analysis/edtech-and-smart-classroom-market/request-for-sample

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐄𝐝𝐭𝐞𝐜𝐡 𝐚𝐧𝐝 𝐒𝐦𝐚𝐫𝐭 𝐂𝐥𝐚𝐬𝐬𝐫𝐨𝐨𝐦?

The equipment and software used to give pupils digital instruction with the aim of improving classroom learning and increasing student accomplishment is referred to as "education technology" (EdTech). Education technology platforms, or EdTech, assist students in overcoming challenges on their route to a thorough education by utilizing technology for teaching and learning. eBooks and other online learning resources that are accessible from anywhere in the globe are growing in popularity.

𝐓𝐨𝐩 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬:

The industry is marked by fierce competition, and the leading companies rely on cutting-edge technology, superior goods, and a strong brand identity to boost sales. Some of the leading companies in the EdTech and smart classroom market are:

• 2U
• Anthology Inc.
• Apple Inc.
• Blackboard Inc.
• Cisco Systems
• Cornerstone
• D2L Corporation
• Dell EMC
• Discovery Inc.
• Ellucian
• FUJITSU
• Google
• IBM
• Instructure Inc.
• Lenovo
• Microsoft Corporation
• Oracle Corporation
• PROMETHEAN LIMITED
• SAP SE
• Smart Technologies ULC and Workday Inc.

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐭: https://www.polarismarketresearch.com/buy/854/2

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬

• Technological Advancements: Rapid developments in AI, VR/AR, and IoT are driving the adoption of advanced educational technologies.
• Rising Demand for Personalized Learning: Personalized learning paths and adaptive learning technologies are becoming increasingly popular, catering to individual student needs and learning styles.
• Growing Investment in EdTech Startups: Significant investments from venture capitalists and private equity firms are fostering innovation and growth in the EdTech sector.
• Emphasis on Skill Development: There is a growing focus on developing 21st-century skills, such as critical thinking, problem-solving, and digital literacy, which is driving the adoption of EdTech solutions.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬

1. Expansion into Emerging Markets: There is significant potential for growth in emerging economies where access to quality education is a priority.
2. Development of AI-Driven Solutions: AI can be leveraged to develop intelligent tutoring systems, predictive analytics, and personalized learning experiences.
3. Integration with Existing Educational Infrastructure: Opportunities exist in integrating EdTech solutions with traditional educational systems to enhance overall effectiveness.
4. Focus on Lifelong Learning and Continuous Education: Catering to the needs of adult learners and professionals seeking continuous education and upskilling.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/edtech-and-smart-classroom-market

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐁𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧:

The EdTech and smart classroom market is mainly segmented on the basis of hardware, education system, technology, end-user, and region. Based on the hardware research, The interactive displays category is predicted to have the greatest market share in the global market during the forecast period. The proliferation of interactive displays can be ascribed to advancements in interactive display technology and systems, as well as the emergence of innovative classroom hardware vendors.

Furthermore, according to the end-use study, the K-12 segment generated the most revenue in the global market, owing to the widespread use of digital education software in educational institutions as a result of the proliferation of digitalization in teaching processes.

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

3D Imaging Market: https://www.polarismarketresearch.com/industry-analysis/3d-imaging-market
Managed SIEM Services Market: https://www.polarismarketresearch.com/industry-analysis/managed-siem-services-market
Personal Cloud Market: https://www.polarismarketresearch.com/industry-analysis/personal-cloud-market
Higher Education Technology Market: https://www.polarismarketresearch.com/industry-analysis/higher-education-technology-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

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This release was published on openPR.