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Major Growth Driver Identified in 2025 EdTech And Smart Classrooms Market: Surging Growth Of Edtech And Smart Classrooms Fueled By E-Learning Demand
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the EdTech And Smart Classrooms Market Through 2025?
Over the past few years, the market size of edtech and smart classrooms has seen a quick growth. It is projected that the value will rise from $185.78 billion in 2024 to $214.73 billion in 2025, maintaining a compound annual growth rate (CAGR) of 15.6%. This growth during the historical period can be credited to robust economic development in the emerging markets, increasing digital transformation, and a surge in the penetration of the Internet.
What's the Projected Size of the Global EdTech And Smart Classrooms Market by 2029?
The market size of edtech and smart classrooms is anticipated to witness significant expansion in the coming years, reaching $445.94 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 20.0%. This predicted growth within the forecast period is due to an increase in government backing, rising investments, and surging penetration of mobile devices. Key upcoming trends within this period include the integration of artificial intelligence in edtech and smart classrooms, emphasis on technological progress, a shift towards virtual learning environments, and the forging of strategic partnerships and collaborations.
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Top Growth Drivers in the EdTech And Smart Classrooms Industry: What's Accelerating the Market?
The rising appeal for online education is predicted to stimulate the expansion of the edtech and smart classrooms market. The concept of online learning signifies the engagement of digital technologies and the internet for gaining knowledge and skillsets. It's experiencing significant growth due to its benefits such as ease, accessibility, cost-effectiveness, and technological progress, which cater to different learning requirements and blend effortlessly into hectic lifestyles. Edtech and smart classrooms play an essential role in online education, providing a unified platform for content delivery, communication, assessment, and data handling. For example, data released by Eurostat, a government agency based in Luxembourg confirmed that in 2023, online education participation and course or material access among EU users aged between 16 and 74 rose by 2 points to hit 30% from 28% in 2022. Thus, the escalating demand for online education is fuelling the expansion of the edtech and smart classrooms market.
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What Trends Will Shape the EdTech And Smart Classrooms Market Through 2029 and Beyond?
In the edtech and smart classrooms market, prominent participants are emphasizing the importance of assimilation with a wider educational technology ecosystem, such as a unified, scalable classroom management system. This system offers an evolving, uninterrupted solution to improve learning experiences. This platform is a combined software solution designed to make classroom management, teaching, and learning activities in educational institutions smoother. For instance, Impero Software, an American software firm, introduced Impero Classroom, a web-based classroom management software platform, in April 2022. This platform is aimed at enabling educators effectively oversee mixed learning environments and ensure that students maintain their concentration and stay on task. It was specifically developed to tackle the obstacles brought on by the COVID-19 pandemic, which resulted in a transition toward remote and mixed learning, as well as the necessity for educators to hold sway and keep students occupied in both physical and digital environments. The goal of Impero Classroom is to empower educators by allowing them to monitor and control student devices, ensuring no student falls behind or loses focus.
What Are the Main Segments in the EdTech And Smart Classrooms Market?
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
Subsegments:
1) By Learning Management Systems (LMS): Course Management Tools, Content Delivery Platforms
2) By Student Information And Administration Systems: Enrollment Management, Academic Records Management
3) By Student Collaboration Systems: Online Discussion Platforms, Group Project Management Tools
4) By Student Response Systems: Clicker Systems, Polling And Survey Tools
5) By Learning And Gamification: Game-Based Learning Platforms, Interactive Learning Tools
6) By Test Preparation: Online Tutoring Services, Practice Test Platforms
7) By Document Management Systems: Digital Document Storage, File Sharing Solutions
8) By Classroom Management Systems: Attendance Tracking Tools, Classroom Engagement Software
9) By Talent Management Systems: Skill Assessment Platforms, Career Development Tools
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Which Top Companies are Driving Growth in the EdTech And Smart Classrooms Market?
Major companies operating in the edtech and smart classrooms market include 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
Which Regions Will Dominate the EdTech And Smart Classrooms Market Through 2029?
North America was the largest region in the edtech and smart classroom market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the edtech and smart classrooms market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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