Ed-Tech and Smart Classroom Market to Enjoy Explosive Growth 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. 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. 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.

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Competitive Landscape:

The research report offers key insights into the leading market players’ strengths and weaknesses, assessed using Porter’s Five Forces and SWOT analyses. The report includes Ed-Tech and Smart Classroom market segmentation based on product type, application spectrum, and key regions. The investigative study estimates the market size, market share, and revenue generation over the forecast timeframe. The key players profiled in the report include:

Major companies operating in the market are Apple, Cisco, Blackboard, IBM, Dell, Google, Microsoft, Oracle, SAP, and Instructure.

Some Key Highlights from the Report

· In November 2020, the foundation and matching software solutions from xRM.com LLC was acquired by Anthology with an aim to compete in higher education CRM.

· In May 2020, Open P-TECH was launched by IBM and provides access to e-learning in cyber security, AI, and cloud computing.

· In April 2020, Blackboard launched Blackboard Unite, which is a remote e-learning solution with effective management system, mobile app, implementation, and service kit.

· 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. 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.

The report categorizes the market into different key segments based on types and applications, along with key regional segmentation. The report offers insights into the segment expected to garner traction during the forecast period, and the region expected to dominate the market in the coming years.

· Hardware Outlook (Revenue, USD Billion; 2018–2028)

o Interactive Projectors

o Interactive Displays

· Education System Outlook (Revenue, USD Billion; 2018–2028)

o Learning Management System

o Student Information System

o Classroom Assessment System

o Classroom Collaboration System

o Classroom Management System

o Document Management System

o Student Response System

o Talent Management System

· End-Use Outlook (Revenue, USD Billion; 2018–2028)

o Kindergarten

o K-12

o Higher Education

Regional Analysis:

The global Ed-Tech and Smart Classroom market report broadly considers the market mechanism of both the developing and developed regions of the market. This section provides crucial data and information about the different market regions, a country-wise analysis of the Ed-Tech and Smart Classroom industry, and an assessment of the market reach and consumer base in the key geographical regions to enable readers to formulate effective business expansion strategies.

Major Geographies Encompassed in the Report:

· 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)

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Objectives of the Global Ed-Tech and Smart Classroom Market Study:

· An in-depth study of the evolving market sectors and the growth & penetration status of the global Ed-Tech and Smart Classroom market

· COVID-19 Impact Analysis to highlight the major opportunities and challenges

· Strategic recommendations to help readers formulate lucrative business strategies

· Identification of the emerging players and their tactical approaches to expand market presence

· An extensive study of the product portfolios of the major market players and their regional presence

· A closer look at the strategic initiatives undertaken by the leading companies across this industry, including mergers & acquisitions, collaborations, partnerships, and joint ventures

Table of Content:

Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2020-2028 Chapter 3. Key Insights Chapter 4. Ed-Tech and Smart Classroom Market Segmentation & Impact Analysis 4.1. Ed-Tech and Smart Classroom Market Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Restrictions imposed due to covid-19 pandemic 4.2.2.2. Easy access to high speed internet 4.2.2.3. Penetration of mobile devices in remote areas 4.2.3. Market restraints analysis 4.2.3.1. Lack of awareness about online education 4.2.3.2. Risk of hacking 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis

Chapter 5. Ed-Tech and Smart Classroom Market By Hardware Insights & Trends, Revenue (USD Billion) 5.1. Hardware Dynamics & Market Share, 2021 & 2028 5.1.1. Interactive Projectors 5.1.2. Interactive Displays

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