Smart education and learning system is a system which enables the user to access study notes and educational materials anytime and anywhere via electronic devices. It also allows students and teachers to make the learning process understandable and interesting. Smart education and learning system provides ample advantages such as interactive graphical user interface, track progress of user, wide scale accessibility, time saver etc. The global smart education and learning market is expected to expand at a CAGR of 25% during the forecast period 2016-2023. It has wide applications in schools, colleges, universities and other educational institutions, small and medium enterprises and large industries.
North America accounted for the largest market share in terms of revenue in 2016 and is expected to continue its dominance during the forecast period. The key factor driving the growth of global smart education and learning market is the increasing adoption of handheld devices such as smartphones, tablets, educational laptops etc. in countries such as U.S., Canada etc. This is contributing to the growth of North American smart education and learning market. Moreover, Asia Pacific is the fastest growing region for smart education and learning market and is expected to exhibit highest CAGR growth of smart education and learning market during the forecast period. This is due to the emerging companies in the developing countries of Asia Pacific such as India, China etc. which are increasingly adopting the smartphones, tablets, android applications and other online sources as a medium to educate students.
The global smart education and learning market is influenced by the leading educational and electronics companies such as Adobe Systems INC., Cisco Systems, Inc., McGraw-Hill education, Pearson plc, Samsung electronics co., ltd etc. Product launch, joint venture, merger and acquisition etc. are some of the crucial strategies adopted by the key market players to gain competitive advantage.
Global smart education and learning market report covers segmentation analysis of products, learning mode and end users. Report further covers segments of product type which includes hardware, software, services and educational content. Hardware is the leading market segment due to increasing number of smartphone, tablets and other handheld device users. Moreover the increasing internet connectivity worldwide is contributing to the growth of hardware segment. Report further covers segments of learning mode which includes collaborative learning, virtual instructor-led training, simulation-based learning, adaptive learning, blended learning and social learning. Among these segments, the virtual instructor training and webinars are anticipated to exhibit largest market growth owing to the wide scale accessibility, time saving, can be accessed anytime and anywhere. The end users of smart education and learning market includes high academic education, small and medium businesses and large enterprises.