The global smart learning market size reached USD 36.19 Billion in 2021 and is expected to register a revenue CAGR of 21.0% during the forecast period, according to latest analysis by Emergen Research. Smart learning market revenue growth is driven by rising demand for Learning Management System (LMS) software, rising enrollment in the higher education sector, increasing demand for online learning owing to the pandemic, and the need for an interactive & engaging learning environment. Smart learning is a broad term for education in the digital age. It demonstrates how sophisticated technologies allow students to absorb skills and knowledge more effectively, swiftly, and easily.
The report also offers details about market size, market share, revenue growth, and CAGR during the forecast period of 2021-2028. The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.
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The report also discusses the key players involved in the market such as Blackboard Inc., Pearson, Ellucian Company L.P., Smart Technologies ULC, Promethean Limited, Samsung, Microsoft, Oracle, SAP, Cisco Systems Inc., D2L Corporation, and McGraw Hill. and others as well as new entrants in the market. It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
The study finds that how on certain account threats and challenges can act as a roadblock for the business. A thorough evaluation of the Smart Learning market in the light of macro-environment such as social, political, economical as well as technological environment add granularity to the overall research. In addition, the study produces real-time data on vital aspects including sales, profits, gross margin and growth prospects to show how going forward the business will witness a substantial upswing.
Further key findings from the report suggest
- The interactive display segment accounted for a moderate revenue share in 2021. An interactive panel is a wall-mounted device that allows users to generate dynamic visual presentations and edit on-screen data via digital touchpad inputs. Interactive LED panels are available in a variety of sizes, making them suitable for collaborative spaces ranging in size from small preschools to enormous corporate conference rooms. Present-day interactive displays enable instructors and presenters to convey information more efficiently, and their multitouch capabilities increase audience involvement. In addition, contemporary interactive flat-panel displays reduce the need to consider environmental factors such as lighting during a presentation.
- Learning content management system segment accounted for a significant revenue share in 2021. Learning content management systems develop, manage, track, distribute, analyze, and store information and courses. This can include presenting images, presentations, text, and video. It is customizable to provide each employee with the job-specific training they need. A Learning Content Management System (LCMS) includes greater interactivity, such as Virtual Reality (VR) and geocaching.
- Corporate segment accounted for a significant revenue share in 2021. Smart learning in corporate universities is one of the modes of the learning organization’s progress. It demonstrates that businesses are capable of continuous learning and fully utilizing their employees unique ideas. It is a learning, sharing, and engagement-friendly organizational atmosphere. Smart learning in a firm or organization becomes crucial to corporate development owing to intelligence and adaptability. Corporate digital learning is the practice of promoting group engagement and knowledge transfer within or across organizations through communication and information technologies.
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The report further segments the global Smart Learning market on the basis of product types and applications and provides insights into key factors influencing the revenue growth of the segments.
Emergen Research has segmented the global smart learning market on the basis of product type, end-use, and region:
-
Product Type Outlook (Revenue, USD Billion; 2019-2030)
- Hardware
- Interactive Display
- Interactive Whiteboards
- Smartboards
- Software
- Integrated solution
- Standalone solution
- Learning Content Management System
- Student Information System
- Classroom Management Software
- Language Learning Software
- Others
- Hardware
-
End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Academic
- Corporate
- Government
- Enterprise
Major Regions Covered in the Smart Learning Market Report:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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Key Reasons to Buy This Report:
- The report presents a thorough examination of the Smart Learning market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
- The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
- The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
- The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.
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