The article cited AMA's "Global EdTech and Smart Classroom Market Study" explored CAGR of %. According to the report, The Rise in Trend of Interactive Display as A Hardware Device That Opens Up Content, Predominantly Technological Content, and Inspires A Level of Interactivity
is one of the primary growth factors for the market. Increasing Penetration of Mobile Devices
is also expected to contribute significantly to the EdTech and Smart Classroom market. Overall, Kindergarten
applications of EdTech and Smart Classroom, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Education System, such as Learning Management System, is boosting the EdTech and Smart Classroom market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Technology, such as Gamification, is boosting the EdTech and Smart Classroom market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Hardware Components, such as Interactive Displays, is boosting the EdTech and Smart Classroom market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global EdTech and Smart Classroom market identified that the demand is rising in many different parts of the world as "Ongoing Technological Advancement in Educational Sector Has Given Rise to Education Technology and Smart Classrooms
". Furthermore, some recent industry insights like "In May 2020, IBM launched Open P-TECH, a platform focused on learning and skills in the workplace. The newly introduced platform offers students and educators access to digital learning in the areas of AI, cloud computing, and cybersecurity, among other things." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global EdTech and Smart Classroom market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the EdTech and Smart Classroom market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall EdTech and Smart Classroom market size is calculated using market estimation process, the EdTech and Smart Classroom market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global EdTech and Smart Classroom market size has been validated using both top-down and bottom-up approaches.