Industry Background:
Smart education is the acronym for self-directed, motivated, adaptive, resource-enriched, and technologies-embedded. Smart education is advanced learning method in which several innovative technology and equipment are used in order to gain better learning experience. Education has moved to a really advanced level where the one-sided lecture methods no more exist and students are having a more interactive learning experience. Furthermore, the latest technological advancements are one of the major factors due to which several numbers of learning modes have been developed. Parents, students, and the community rely on institutions to deliver high-quality education to prepare the next generation for fulfilling lives and careers. There are several components are available to deliver a better learning experience such as hardware devices, software’s, and services. The rising disposable income is also one of the major factor escalating the market growth of smart education market during the forecast period.This growth is primarily driven by The Rising Disposable Income across the Globe, Favorable Government Initiatives, Growing Investments for Increasing the Global Literacy Rate and Rising Penetration of Innovative Edtech Products and Services.
Globally, a noticeable market trend is evident Growing Focus on Personalization As Well As Adaptive Learning
. Major Vendors, such as Adobe Systems Incorporated (United States), Blackboard, Inc. (United States), Cisco Systems, Inc. (United States), K12 Inc. (United States), D2L Corporation (Canada), Educomp Solutions Ltd. (India), Ellucian Company L.P. (United States), Mcgraw-Hill Education (United States), Pearson Education, Inc. (United States), Samsung Electronics Co., Ltd. (South Korea) and Smart Technologies (Canada) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 22 Jan. 2019, Pearson has announced Pearson Realize, its single sign-on platform for accessing thousands of learning resources, assessments, student data, and management tools. The company is now google for Education Premier Partner. It is one of the first products from a major education company to achieve premier status in the Google for Education Partner Program. and On May 22, 2018, D2L, a leading smart education company has launched its Emerald Release the newest version of its Brightspace LMS which provides an intuitive social and mobile-friendly teaching and learning experience for higher education, K-12, and corporate training.
Market Drivers
- The Rising Disposable Income across the Globe
- Favorable Government Initiatives
- Growing Investments for Increasing the Global Literacy Rate
- Rising Penetration of Innovative Edtech Products and Services
Market Trend
- Growing Focus on Personalization As Well As Adaptive Learning
- The emergence of Virtual Schools
- Growing Inclination toward Integrating AR, VR, and AI in Smart Classrooms
Restraints
- High Initial Investment
- Lack of Resources in Developing Countries
Opportunities
Growing Demand for Bring Your Own Device (BYOD)
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Smart Education Study Sheds Light on
The Smart Education Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Smart Education industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Smart Education industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.