Market Size

The global smart education and learning market size was valued at USD 23.2 billion in 2019. Overall market is estimated to reach a value of USD xx billion in 2027. The Smart Education and Learning market analysis shows that it will grow with a CAGR of 20.3% over the forecast period of 2021 to 2027.

Market Insight

The growing adoption of e-learning methods by corporate organizations for the purpose of organizing effective training programs for their employees is a major factor driving the market's growth. Additionally, the increasing demand for interactive learning techniques such as mobile educational applications and gamification is expected to drive growth in the market for smart education and learning. Schools and universities worldwide are increasingly emphasizing the importance of incorporating more dynamic methods of imparting knowledge in order to foster greater collaboration and productivity through increased speed and efficiency. Additionally, the concept of bring your own device (BYOD) in the classroom has encouraged students to bring their own technologically assisting devices. Smart education and learning methods have grown in popularity due to their cost-effectiveness, convenience, and increased focus. Additionally, these methods have increased the efficiency and productivity of both instructors and learners. Collaborations and partnerships between hardware vendors, software developers, and content providers have resulted in the development of improved smart teaching solutions. The industry is expected to expand significantly over the forecast period as a result of widespread adoption by corporate professionals.

COVID-19 Impact

The World Health Organization (WHO) has declared the COVID-19 (Coronavirus Disease) outbreak a pandemic, resulting in widespread economic and human suffering. Due to the fact that people are being compelled to stay at home as a result of this outbreak, business organizations are compelled to provide an entirely remote workplace in anticipation of government mandated Work from Home (WFH). Additionally, schools are encouraged to practice smart education and learning by utilizing professional development (PLD) programs to collaborate with students remotely. Due to this outbreak, the adoption of distance education and learning is expected to have a positive effect on the industry's growth. Organizations can view this as an excellent opportunity to address their distance learning policies by putting the necessary tools in place and preparing for a future situation similar to this one. O rganizations must ensure that remote teachers and students have access to necessary tools, such as VPNs, collaboration and videoconferencing solutions, and critical documents. Moreover, governments throughout the world are recommending intelligent education and learning solutions and providing portals for online tutorials. For example, the New Zealand government purchased or leased approximately 17,000 digital devices to distribute to low-income families. As a result, the smart education and learning industries have a tremendous opportunity to grow significantly in the face of the COVID-19 pandemic.

Market Size

In North America, the market accounted for 41% of revenue in 2019 and is expected to continue to be the dominant segment throughout the forecast period. This expansion is facilitated by the presence of established ICT solution providers and a sizable customer base. From 2020 to 2027, the region is expected to grow at a 15.5% compound annual growth rate. Additionally, the market for smart education and learning is expected to expand significantly in South America over the forecast period. It is due to the adoption of cutting-edge technologies such as Massive Open Online Courses (MOOCs), microlearning, gamification, and personalized literacy programs. Due to the presence of rapidly growing economies such as India, China, and Japan, the Asia Pacific region is expected to see significant growth in the smart education and learning domain. Government-led initiatives, such as government-funded literacy development projects in rural areas, are expected to stimulate the market for intelligent education and learning. For example, the National Digital Library of India, established by the Ministry of Human Resource Development, is an online library that offers academic content organized by subject area for various levels of smart education and learning. Additionally, Japan's Ministry of Education, Culture, Sports, Science, and Technology supports e-learning by age and educational level through a platform called MEXT.

Research Methodology

Smart Education and Learning market report consists of market analysis including both primary and secondary research. Primary research comprises of the interaction between manufacturers, industry experts channel partners, and end users, while the secondary research presents an analytical interpretation of relevant published databases, which contains details like company annual reports, and financial reports, white papers, and purchased databases. For single, team and corporate user license, we will provide 15% free customization of the report. However, alternatively, if you are looking for additional data or insight related to the scope of the report, you may purchase the "Customized Research License". Please put an enquiry for the pricing details.

About Us

Market Insight Solutions is a leading market research firm which caters to a diverse portfolio of research campaigns. We are one of the fastest growing research organization led by an extensive team of individuals. Our team has individuals with more than 10 years of experience in diverse research domains. Our strategic insights aim at providing credible and practical solutions to meet the specific requirements of our clients. We offer market studies on basis of facts across cross domains.

Segments covered in the report

Smart Education and Learning Market Size and Outlook by Component

• Software
  • Learning Management System
  • Learning Content Management Systems
  • Adaptive Learning Platform
  • Assessment Systems
  • Others
• Hardware
  • Interactive Displays
  • Interactive Projectors
• Services
  • Training & Certification
  • Consulting
  • Managed Hosting
  • Others
• Educational Content
  • Audio-Based Content
  • Text Content
  • Video-based Content

Smart Education and Learning Market Size and Outlook by Learning Mode

• Virtual Instructor-led Training
• Simulation-based Learning
• Social Learning
• Blended Learning
• Adaptive Learning
• Collaborative Learning

Smart Education and Learning Market Size and Outlook by End User

• Academic
  • K-12
  • Higher Education
• Corporate
  • Small & Medium Businesses
  • Large Enterprises

Smart Education and Learning Market Size and Outlook by Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Russia
  • Italy
  • Spain
  • Austria
  • Turkey
• Asia Pacific
  • China
  • India
  • Japan
  • Indonesia
  • Australia
  • New Zealand
  • Indonesia
• Central & South America
  • Brazil
  • Chile
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa

Companies Profiled in this Report

• Adobe Systems Incorporated
• Blackboard, Inc.
• Cisco Systems, Inc.
• Desire2Learn Corporation Ltd.
• Educomp Solutions Ltd.
• Ellucian Company L.P.
• NIIT Limited
• Saba Software, Inc.
• Smart Technologies, Inc.
• Unit4

Actionable Outcomes

Our Smart Education and Learning Market Report offers a thorough assessment of estimations and projections on the market dynamics. Further, it helps in the implementation of these results as they show tangible benefits to business stakeholders and industry entities decisions as leaders.

Strategic Planning

Every business needs to understand how their product will Learning Mode in the forthcoming years. With the current uncertainness due to the COVID-19 scenario, this analysis becomes significant to understand past disruptions and boost the preparedness for the next steps of decision. We at Market Insight Solutions are trying to break down the complex market for the business leaders through strategic insights and resilience in unpredictable situations.

Highlights of the report:

• COVID-19 impact on Smart Education and Learning market size
• Smart Education and Learning market size, drifts, drivers and opportunities
• Analyzing the regional market for the growth factors, estimated analysis and its penetration to the global market
• Smart Education and Learning market size in United States
• Understanding the dynamics of the parent market
• Prime fluctuations of the market dynamics
• Evaluation of the market opportunities
• Market segmentation and comprehensive analysis in the second or third level
• Reporting and evaluation of recent industry developments
• Analysis of market share and developments
• Detailed company profiling of leading companies
• Opportunities to newer markets in global and regional markets
• Analyzing the trajectory line of the business
• Analyze Smart Education and Learning market share
• Measures to consider for Smart Education and Learning market