Smart Learning Market Business Opportunity, Development, Growth Factors, Applications Analysis and Future Prospects

Smart Learning Market

According to the most recent analysis by Emergen Research, the size of the worldwide smart learning market reached USD 36.19 billion in 2021 and is projected to grow at a revenue CAGR of 21.0% over the forecast period. Rising need for Learning Management System (LMS) software, increased higher education enrollment, rising demand for online learning due to the pandemic, and the requirement for an interactive & engaging learning environment are all factors driving the growth of the smart learning market. The phrase “smart learning” refers to education in the digital age generally. It exemplifies how cutting-edge technology enable students to assimilate skills and knowledge more efficiently, quickly, and comfortably.

To effectively manage learning content, Learning Management System (LMS) software is becoming more and more necessary. A learning management system, or LMS for short, is a piece of software or web-based technology that is used to plan, carry out, and evaluate a specific learning process. It is most frequently used in eLearning techniques and has two components: a server that enables fundamental operations and a user interface that administrators, teachers, and students can use. A teacher can commonly develop and deliver material, track student involvement, and evaluate student performance using an LMS. A learning management system gives students access to interactive tools including discussion boards, video conferencing, and threaded discussions.

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In 2021, the interactive display market contributed a modest portion of total sales. A wall-mounted gadget called an interactive panel enables users to create dynamic visual presentations and edit on-screen data using touchpad inputs on a computer. Due to their availability in a range of sizes, interactive LED panels are appropriate for collaborative spaces ranging in size from tiny preschools to gigantic corporate conference halls. With today’s interactive displays, educators and presenters may impart material more effectively, and the audience’s involvement is increased by their multitouch capabilities. Modern interactive flat-panel displays also lessen the need to take into account external conditions like lighting during a presentation.

In 2021, the segment of learning content management systems accounted for a sizeable portion of revenue. Learning content management systems create, manage, keep track of, distribute, examine, and archive courses and material. This can involve delivering presentations, texts, videos, and photos. It can be altered to give each employee the training they require for their particular position. Greater interaction is provided by a learning content management system (LCMS), such as Virtual Reality (VR) and geocaching.

In 2021, the corporate segment contributed a sizeable portion of total revenue. One of the ways the learning organisation advances is through smart learning in corporate colleges. It illustrates that companies are able to use their employees’ original ideas and engage in continual learning. It is a collaborative environment that encourages learning and interaction. Due to intelligence and adaptability, smart learning within a company or organisation becomes essential to corporate development. The process of encouraging group involvement and knowledge transfer within or across firms through communication and information technology is known as corporate digital learning.

Blackboard Inc., Pearson, Ellucian Company L.P., Smart Technologies ULC, Promethean Limited, Samsung, Microsoft, Oracle, SAP, Cisco Systems Inc., D2L Corporation, and McGraw Hill are a few notable businesses featured in the global market study.

Emergen Research has segmented the global smart learning market on the basis of product type, end-use, and region:

  • Product Type Outlook (Revenue, USD Billion; 2019-2030)

    • Hardware
      • Interactive Display
      • Interactive Whiteboards
      • Smartboards
    • Software
      • Integrated solution
      • Standalone solution
        1. Learning Content Management System
        2. Student Information System
        3. Classroom Management Software
        4. Language Learning Software
        5. Others
  • End-Use Outlook (Revenue, USD Billion; 2019-2030)

    • Academic
    • Corporate
    • Government
    • Enterprise
  • Regional Outlook (Revenue, USD Billion; 2019-2030)

    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. U.K.
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of MEA

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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