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. The ongoing pandemic has resulted in closure of educational institutes and centers in various countries across the globe. This has significantly boosted growth of the Ed-Tech market owing to rapid adoption of e-learning platforms among students and teachers. Schools and institutes globally are conducting classes online, and this approach has been gaining rapid traction, and is expected to continue to drive demand for ED-Tech going ahead.
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.
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Key Players operating in the industry are:
Apple, Cisco, Blackboard, IBM, Dell, Google, Microsoft, Oracle, SAP, Instructure
Radical Features of the Ed-Tech and Smart Classroom Market Report:
- The report encompasses Ed-Tech and Smart Classroom market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Ed-Tech and Smart Classroom industry
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Segmentation:
-
Hardware Outlook (Revenue, USD Billion; 2018–2028)
- Interactive Projectors
- Interactive Displays
-
Education System Outlook (Revenue, USD Billion; 2018–2028)
- Learning Management System
- Student Information System
- Classroom Assessment System
- Classroom Collaboration System
- Classroom Management System
- Document Management System
- Student Response System
- Talent Management System
-
End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Kindergarten
- K-12
- Higher Education
Regional Analysis Covers:
- 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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