EdTech and Smart Classroom Market by Hardware (Interactive Displays, Interactive Projectors), System (LMS, SIS, TMS), Technology (Gamification, Analytics, Advanced Technology), and Region – Global Forecast to 2025

2020-09-23
Price :
Published : Sep-2020
No. of Pages : 223

Increasing adoption of cloud based EdTech solutions to drive the EdTech and smart classroom market

The global EdTech and smart classroom market size is expected to grow from USD 85.8 billion in 2020 to USD 181.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 16.1% during the forecast period. The major factors driving the growth of the EdTech and smart classroom market include growing adoption of eLearning solutions, impact of COVID-19 pandemic and growing need for online teaching-learning models to continue education system in lockdown.

Learning management system segment to hold the largest market share during the forecast period

The LMS applications are used for the supervision, certification, tracking, and offering of eLearning applications. These systems primarily track classroom instructions, automate learning administrations, and provide tools to manage and create content. They allow institutions to access educational content online, thereby enabling students to view materials using the web browser. There exists a wide range of systems that deal with management training and educational records, which facilitate blended and online courses for collaboration between teachers and students.

Higher education segment to record the fastest growth rate during the forecast period

Tablet computing, gamification, learning analytics, 3D printing, and wearable technical gadgets, such as small motion sensors, fitness trackers, and smartwatches have changed the vision of higher education and its operations. Education technology has completely revolutionized higher education, helping the segment to overcome all the traditional barriers that were imposed by space and time. Apart from this technical demand, there are many universities, which are themselves facing new challenges related to equipping the students with adequate higher education. University students are provided with advanced education technologies and knowledge so that when required, students can leverage this technology even when they are on the campus premises.

North America to account for the largest market share during the forecast period

North America plays a huge role in the development of technologies, which helps in the adoption of new EdTech solutions across major end user segments. A significant increase in the number of mobile learning applications has been witnessed in the region. According to an article published by Edweek Market Brief in February 2019, spending on educational technology to date exhibits to be more than USD 13.0 billion in the US alone. The North America Education Technology (EdTech) market is growing significantly with abundant investments. In 2017, investments in EdTech products were more than USD 9.5 billion. This market has also brought in many programs that are designed to help with elementary math and English skills. Various students and educators in the region are adopting mobile apps, allowing them to access information at any time and any place.

A large number of organizations in North America are adopting learning technologies that are not limited to internal training purposes. Learning technologies, such as ones provided by Docebo, should become a part of the larger spectrum of systems and be able to integrate seamlessly with different IT legacy systems, such as ERP, Customer Relationship Management (CRM), and video conferencing tools. North America is expected to integrate EdTech solutions as it enables users to increase the collaboration and connections in the learning environment. The North American adoption and market share is significantly higher as compared to other regions, as enterprises here are more receptive to the implementation of such solutions.

  • By Company Type: Tier 1 – 48%, Tier 2 – 37%, and Tier 3 – 15%
  • By Designation: C-level Executives – 34%, Directors Level – 40%, Manager Level -26%
  • By Region: North America – 42%,Europe– 31%, APAC– 16% and Rest of the World – 11%.

Some prominent players across all service types profiled in the EdTech and smart classroom market study include Apple (US), Cisco (US),  Blackboard (US), IBM (US), Dell EMC (US),Google (US), Microsoft (US), Oracle(US),SAP (Germany), Instructure(US)

Research coverage

The market study covers the EdTech and smart classroom market across different segments. It aims at estimating the market size and the growth potential of this market across different segments, such as hardware (interactive displays, interactive projectors), education system (Learning Management System, Student Information System, Classroom Assessment System, Classroom Collaboration System, Classroom Management System, Document Management System, Student Response System, Talent Management System), enabling technology (gamification, analytics, ERP, Security, advanced technology), end user (K-12, kindergarten, higher education), deployment type (cloud, on-premises), and region (North America, Europe, APAC, MEA and Latin America).The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Frequently Asked Questions

  • What is EdTech?

EdTech is defined as the application of scientific knowledge and learning to improve the effectiveness and efficiency of teaching and training. Smart classrooms are technology-enabled classrooms designed for the efficient and flexible integration of diverse teaching technologies and a variety of teaching styles in the teaching-learning process. A smart classroom can be defined as a classroom with teaching equipment and technology systems that can be used to assist and enhance the instruction of a course.

  • Which are the end users of EdTech solutions covered in the report?

This report covers end users including K-12, kindergarten, and higher education.

  • What is the forecast of the EdTech and smart classroom market in the next five years?

The global EdTech and smart classroom market size is expected to grow from USD 85,818 million in 2020 to USD 181,265 million by 2025, at a Compound Annual Growth Rate (CAGR) of 16.1% during the forecast period.

  • Which countries are considered in the regions?

The market has been segmented into five regions, such as North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America (LATAM). North America includes the US and Canada, Europe consists of the United Kingdom, Germany, France and Rest of Europe (includes Italy and Spain), APAC includes China, India, Japan and Rest of APAC (includes ANZ and Malaysia), MEA includes UAE, KSA, South Africa and Rest of MEA (includes Turkey and Israel) and LATAM includes Brazil, Mexico, Argentina and Rest of LATAM (includes Venezuela, Chile, and Colombia)

  • What are the primary growth factors for the EdTech and smart classroom market globally?

The major factors driving the growth of the EdTech and smart classroom market include increasing penetration of mobile devices and easy availability of internet, and growing demand for eLearning solutions, impact of COVID-19 pandemic and growing need for online teaching-learning models to keep running the education system in lockdown.

Key benefits of buying the report

The report is expected to help the market leaders/new entrants in this market by providing them information on the closest approximations of the revenue numbers for the overall EdTech and smart classroom market and its segments. This report is also expected to help stakeholders understand the competitive landscape and gain insights to improve the position of their businesses and to plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

Filed in: Information Technology
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Identity Verification Market by Component (Solutions and Services), Type (Non-Biometric and Biometric), Organization Size, Deployment Mode, Vertical (BFSI, Government and Defense, and Healthcare and Life Sciences), and Region – Global Forecast to 2025

The global post-COVID-19 identity verification market size to grow at a Compound Annual Growth Rate (CAGR) of 15.6% during the forecast period MarketsandMarkets forecasts the global post-COVID-19 identity verification market size to grow from USD 7.6 billion in 2020 to USD 15.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.6% during 2020–2025. The major growth drivers for the market include increasing digitization initiatives, increasing fraudulent activities and identity theft during the last decade, and Increasing use cases of digital identities among verticals. However, price disparity in identity verification solutions and services may restrain market growth. By type, biometrics to grow at the highest rate during the forecast period Biometric solutions follo......
$4950

Predictive Analytics Market by Solution (Financial Analytics, Risk Analytics, Marketing Analytics, Web & Social Media Analytics, Network Analytics), Service, Deployment Mode, Organization Size, Vertical, and Region – Global Forecast to 2025

"The need to deliver data-driven insights and monitor changes and uncertainties during the COVID-19 situation is driving the demand for predictive analytics solutions and services." The global predictive analytics market size to grow from USD 7.2 billion in 2020 to USD 21.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 24.5% during the forecast period. Various factors such as the growing focus on digital transformation, rise adoption of big data and AI and ML technologies, increasing focus on remote monitoring in support of the COVID-19 pandemic, and the need to forecast possible future financial scenarios to answer specific business questions are expected to drive the adoption of the predictive analytics market.The objective of the report is to define, describe, and forec......
$4950

Wireless Connectivity Market by Connectivity Technology (Wi-Fi, Bluetooth, NFC, ZigBee, GNSS, LTE CAT-M1, NB-IoT, LoRa, SigFox), Type (WLAN, WPAN, LPWAN), End-use (Wearables, Consumer Electronics, Healthcare), and Region – Global Forecast to 2025

“Wireless Connectivity market expected to grow at CAGR of 15.4% from 2020 to 2025” The global wireless connectivity market is estimated to grow from USD 69.0 billion in 2020 to USD 141.1 billion by 2025, at a CAGR of 15.4%. The major factors driving the wireless connectivity industry growth are increased demand for wireless sensor networks in the development of smart infrastructure, a significant increase in the internet penetration rate, growth in adoption of the internet of things (IoT), increasing trends like work from home and virtual learning pertaining to the COVID-19 pandemic, increased demand for low-power wide-area (LPWA) networks in the IoT applications. High power consumption by wireless sensors, terminals & connected devices, and lack of uniform communication standar......
$4950

Fraud Detection and Prevention Market by Solution (Fraud Analytics, Authentication, and GRC), Service (Managed and Professional), Vertical (BFSI, Retail and eCommerce, and Travel and Transportation), Deployment Mode, and Region – Global Forecast to 2025

“Increase in adoption of digitalization and IoT is expected to drive the growth of the FDP market” The global FDP market size is expected to grow from an estimated value of USD 20.9 billion in 2020 to USD 38.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.8% from 2020 to 2025. The FDP market is driven by various factors, such as Increased in the adoption rate of digitalization and IoT and increase in the revenue loss due to fraud to boost the growth of FDP market across the globe during the forecast period. However, rise in complexity of frauds can hinder the growth. Services segment to grow at a higher CAGR during the forecast period Services for the FDP market includes professional services and managed services. The professional services include consulting s......
$7150

Retail Analytics Market by Application (Merchandising Analysis, Customer Analytics, and Promotional Analysis and Planning), Business Function (Finance and Operations), Component, Organization Size, End User, and Region – Global Forecast to 2025

“The rising need to create valuable insights from customer data across retail industry to drive the growth of the retail analytics market.” The global Retail Analytics market size to grow from USD 4.3 billion in 2020 to USD 11.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.2% during the forecast period. Major factors contributing to the growth of the retail analytics market are the rising demand for dashboards for data visualization, growing adoption of cloud, and continuous increase in data generation. The objective of the report is to define, describe, and forecast the retail analytics market size based on component, business function, application, organization size, end user, and region. The COVID-19 has impacted all elements of the technology sector. It has ......
$7150

Digital Payment Market by Component (Solutions (Payment Processing, Payment Gateway, Payment Wallet, POS Solution, Payment Security and Fraud Management) and Services), Deployment Mode, Organization Size, Vertical, and Region – Global Forecast to 2025

Increasing worldwide initiatives for the promotion of digital and online payments is driving the growth of the global digital payment market The global digital payment market size is projected to grow from USD 79.3 billion in 2020 to USD 154.1 billion by 2025, at a CAGR of 14.2% during the forecast period. Major growth factors for the market include worldwide initiatives for the promotion of digital payments, high proliferation of smartphones enabling mCommerce growth, increase in eCommerce sales, and growth in internet penetration. By deployment type, cloud segment to grow at the highest CAGR during the forecast period Several vendors in the market offer payment solutions through the public and private cloud. Cloud-based payment solutions are available in various subscriptions a......
$4950

Cyber Insurance Market by Component (Solutions (Analytics & Cybersecurity) and Services), Type (Standalone & Packaged), Coverage (Data Breach & Cyber Liability), Organization Size, End User (Technology & Insurance), and Region – Global Forecast to 2025

An increase in the number of security breaches and cyberattacks and stringent regulatory compliances is driving the growth of the global cyber insurance market The global cyber insurance market size in the post-COVID-19 scenario is projected to grow from USD 7.8 billion in 2020 to USD 20.4 billion by 2025, at a CAGR of 21.2% during the forecast period. The major factors driving the market include the increasing number of security breaches and cyberattacks resulting in huge financial losses, and stringent government regulations towards adoption of cyber insurance policies. By insurance coverage, the cyber liability segment expected to hold a larger market size in 2025 Cyber risk insurance or cyber liability insurance coverage helps an organization cover the cost to recover from a d......
$5650

Cash Flow Market by Component (Solution and Services), Deployment (Cloud and On-premises), End User (SMEs and Professionals), Vertical (IT and ITes, Construction and Real Estate, and Retail and eCommerce), and Region – Global Forecast to 2025

“The growth of the cash flow market can be attributed to the increasing adoption of predictive analytics across industries.” The cash flow market size is projected to grow from USD 369 million in 2020 to USD 1,170 million by 2025, at a Compound Annual Growth Rate (CAGR) of 25.9% during the forecast period. The major factors driving the growth of the cash flow market include cash flow management for improving the planning and budgeting cycles, increasing demand for cash flow analysis, and forecasting due to rapid business expansion, increasing adoption of predictive analytics across industries to drive the market, and increasing demand for supply chain management and working capital management to boost cash flow. By component, services segment to grow at a higher CAGR during the ......
$5650

Komatsu Ltd. – Enterprise Tech Ecosystem Series

Komatsu Ltd. - Enterprise Tech Ecosystem Series Summary Komatsu Ltd (Komatsu) is an equipment manufacturer that offers construction and mining equipment, industrial machinery, utilities, and forestry machines. The company offers engines and components, excavating and roadbed preparation equipment, loading equipment, recycling equipment, grading, hauling equipment, casting products, forestry equipment, tunneling machines, recycling equipment, industrial vehicles, logistics, and other equipment. It also provides industrial machinery like temperature control equipment, metal forging and stamping presses, machine tools, defense systems, and sheet metal machines. Komatsu serves via domestic and international sales and distribution network which includes independent distributors, subsidiaries,......
$1495

Identity and Access Management Market by Component (Solutions and Services), Solutions (Data Storage, Identity Lifecycle Management, Authentication, and Verification), Organization Size, Deployment Mode, Vertical, and Region – Global Forecast to 2025

Increasing venture capital funding and growing investments in IAM technology to drive the overall growth of the IAM market. The global IAM market size is projected to grow from USD 12.3 billion in 2020 to USD 24.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 14.5% during the forecast period. The increasing venture capital funding and growing investments in IAM technology to drive the market growth. By component, services segment to grow at a higher CAGR during the forecast period The services include the support offered by security vendors to assist their customers in using and maintaining IAM efficiently. Vendors offer different services, such as integration and deployment, consulting, and support and maintenance. The services segment has witnessed tremendous growt......
$4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy