Ed-Tech and Smart Classroom Market Overview, Merger and Acquisitions , Drivers, Restraints and Industry Forecast By 2027
The global Ed-Tech and smart classroom market size is expected to reach USD 274.63 Billion at a CAGR of 15.4% during the forecast period, according to latest analysis by Emergen Research. This can be attributed to robust presence of key players in countries in the region. Schools and institutes globally are conducting classes online, and this approach has been gaining rapid traction, and is expected to continue to drive demand for ED-Tech going ahead. This has significantly boosted growth of the Ed-Tech market owing to rapid adoption of e-learning platforms among students and teachers. This can be attributed to robust. presence of key players in countries in the region. Advanced academic infrastructure and high awareness about e-learning platforms among individuals and learners in countries in the region is a key factor driving market growth. This can be attributed to robust presence of key players in countries in the region.
North America accounted for largest revenue share in 2020 and is expected to dominate other regional markets in terms of revenue share during the forecast period. Key factors driving market revenue growth include restrictions imposed due to COVID-19 pandemic, easy access to high-speed Internet, and rising penetration of mobile devices in remote areas. Ed-Tech and Smart Classroom Market Size – USD 86.72 Billion in 2020, Market Growth – at a CAGR of 15.4%, Market Trends – Changing education approach due to pandemic restrictions. In May 2020, Open P-TECH was launched by IBM and provides access to e-learning in cyber security, AI, and cloud computing. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
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Major companies operating in the market are Apple, Cisco, Blackboard, IBM, Dell, Google, Microsoft, Oracle, SAP, and Instructure.
The ongoing pandemic has resulted in closure of educational institutes and centers in various countries across the globe. Initiatives by governments of various countries to encourage and spread awareness about e-learning programs is another factor driving market growth. In September 2020, the Government of India launched PM e-VIDYA to enable multi-mode access to education. Rapid adoption of e-learning software and rising government initiatives are some key factors driving market growth. In April 2020, Blackboard launched Blackboard Unite, which is a remote e-learning solution with effective management system, mobile app, implementation, and service kit.
For this report, Emergen Research has segmented the global Ed-tech and smart classroom market based on hardware, education system, end use, and region.
Education System Outlook (Revenue, USD Billion; 2018–2028)
Learning Management System
Student Information System
Classroom Assessment System
Classroom Collaboration System
Document Management System
Student Response System
Talent Management System
Hardware Outlook (Revenue, USD Billion; 2018–2028)
End-Use Outlook (Revenue, USD Billion; 2018–2028)
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Regional Analysis of the Ed-Tech and Smart Classroom Market:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Points of Ed-Tech and Smart Classroom Market:
Extensive coverage of the analysis of the Ed-Tech and Smart Classroom market
Key insights into the regional spread of the industry in key geographies
Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Ed-Tech and Smart Classroom market
Complete data about the key manufacturers and vendors in the Ed-Tech and Smart Classroom market
Unfolding the prime factors prompting global Ed-Tech and Smart Classroom market growth:
The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Ed-Tech and Smart Classroom market into a broad product spectrum.
The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.
A detailed description of the distribution channels, including distributors, producers, and buyers, is one of the report’s key market highlights.
Chapter 1: Methodology & Scope
- Definition and forecast parameters
- Methodology and forecast parameters
- Data Sources
- Business trends
- Regional trends
- Product trends
- End-use trends
- Industry segmentation
- Industry landscape
- Vendor matrix
- Technological and innovation landscape
- Business Overview
- Financial Data
- Product Landscape
- Strategic Outlook
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