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Smart learning Market Size, Growth Analysis And Overview By 2033
Smart learning Market Size
As per the report, the smart learning market size has grown exponentially in recent years. It will grow from $42.97 billion in 2023 to $51.65 billion in 2024 at a compound annual growth rate (CAGR) of 20.2%. The smart learning market size is expected to see exponential growth in the next few years. It will grow to $108.74 billion in 2028 at a compound annual growth rate (CAGR) of 20.5%.
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Rising Smartphone And Tablet Adoption Boosting Smart Learning Market Growth
The surging adoption of smartphones and tablets is expected to propel the growth of the smart learning market going forward. Smartphones and tablets are portable electronic devices widely used for communication, entertainment, education, and work due to their accessibility and advanced functionalities. The surge in smartphone and tablet adoption is due to portability and convenience, multifunctionality, touchscreen interfaces, mobile payments, and the adoption of educational apps. Smartphones and tablets are essential elements of smart learning, as they provide flexible, personalized, and engaging learning experiences that satisfy the needs and tastes of modern learners. For instance, in March 2023, according to a report published by Cybercrew.UK, a UK-based digital media company, the percentage of UK households using smartphones is expected to rise from 91.43% in 2021 to 93.8% by 2026. Therefore, the adoption of smartphones and tablets is driving the growth of the smart learning market.
Innovation In AI-Supported Learning Dashboards In The Smart Learning Market
Major companies operating in the smart learning market are focused on developing innovative solutions, such as AI-supported learning dashboards, to enhance the educational experience and provide personalized learning paths, track student progress in real time, and offer tailored feedback to improve learning outcomes. AI-supported learning dashboards are educational tools that integrate artificial intelligence (AI) technologies to provide comprehensive insights and analytics on student performance, engagement, and learning outcomes. For instance, in October 2022, Youdao Inc., a China-based technology company, introduced its latest intelligent learning tool, the Youdao Smart Learning Pad X10. The Youdao Smart Learning Pad X10 integrates AI for personalized learning, featuring adaptive algorithms that tailor content to individual progress and styles. It supports diverse educational apps, interactive lessons, quizzes, and multimedia, with a user-friendly interface and high-resolution display for immersive learning experiences.
The smart learning market covered in this report is segmented -
1) By Learning Type: Online Learning, Offline Or Classroom-based Learning, Blended Learning
2) By Offering: Hardware, Solutions, Services
3) By End User: Academic, K-12 Education, Higher Education, Corporate
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Major companies operating in the smart learning market are Apple Inc., Alphabet Inc., Samsung Electronics Co. Ltd., Microsoft Corp., Dell Technologies Inc., Amazon Web Services (AWS), International Business Machines Corp., Cisco Systems Inc., Oracle Corp., SAP SE, Yellow Corp., Pearson plc, Citrix Systems Inc., Ellucian Company, Blackboard Inc., Pharrell Williams, Promethean World Ltd., SMART Technologies ULC, D2L Corporation, ByteXL India Private Limited
Contents of the report:
1. Executive Summary
2. Smart learning Market Report Structure
3. Smart learning Market Trends And Strategies
4. Smart learning Market - Macro Economic Scenario
5. Smart learning Market Size And Growth
…..
27. Smart learning Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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