Smart Classroom Market is estimated to be US$ 141.82 billion by 2030 with a CAGR of 8.7% during the forecast period
Smart Classroom Market is projected to grow
from US$ 62.0 billion in 2020 to US$ 131.2 billion by 2029. Growing demand for dynamic interactive learning systems across the
globe is a key driving factor for the global smart classroom market. In
addition, rising number of mobile learning applications and growing adoption of
digital and online learning place are expected to boost growth of the global
smart classroom market in the near future. Furthermore, growing competition
among schools and universities to provide better quality and advanced learning
facilities is a factor expected to fuel growth of the global smart classroom
market in near the future. Advancements in technology and innovative product
development for smart classroom are expected to create lucrative growth
opportunities for the market players in the global smart classroom market over
the forecast period.
The report "Global Smart Classroom Market, By Type (Hardware and Software), By
Application (Higher Education and K-12), and
Region - Global Forecast to 2029"
Key Highlights:
·
In March 2018, for instance, Apple Inc. has worked on new
iPad models, revamped eBooks reader
Key Market Insights from the
report:
The global smart classroom market accounted for
US$ 62.0 billion in 2020 and is projected to register a CAGR of 8.7% over the
forecast period. The market report has been segmented on the basis of type, application, and region.
·
By type, the hardware segment accounted for major revenue share in 2018,
owing to their widespread use in the educational sector, along with their
undisputed benefits in a wide range of educational applications.
·
By application, the k-12 segment is accounted for
major revenue share in 2018 due to its ability to provide smart
class content consists of HD education content, which is a combination of
3D/2D, interactive content.
·
By region, North America smart classroom market
accounted for major revenue share of the global smart classroom market and is
further anticipated to maintain its dominance over the forecast period. This is
attributed to implementing digital education solutions, extensive investment done by regional governments
and prominent players across the region undertaking technological development
in the education industry and E-learning in the country in the region. Increasing advance educational
technologies, particularly in the U.S. is some major factors expected to
support growth of the North America market over the forecast period. The market in Europe is expected to account for second-highest revenue
share in 2019.
To know the upcoming trends and insights prevalent in this market,
click the link below:
https://www.prophecymarketinsights.com/market_insight/Global-Smart-Classroom-Market-By-503
The prominent player operating in the global
smart classroom market includes Apple Inc., Microsoft Corporation, IBM Corp., SMART Technologies
Inc., Adobe Systems Inc., AT&T Technologies Inc., Blackboard Inc., Cisco
Systems Inc., Dell Inc., and D2L Corporation.
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