Over the past few years, the market for smart education has developed and adopted the latest technology due to an increasing demand from K-12 and higher education institutions. This market involves the recent implementation of innovative hardware, software and services, and educational content to create an innovative learning environment. The smart education & learning market in this report is defined as the summation of education products, applications, and learning modes.
The smart education & learning market identifies the latest patterns and technologies that are vital for any institute across the globe. This market is still in the growth stage, as K-12 schools and higher education institutions across all regions are not very receptive towards the latest technological changes. The report analyzes the importance of technology in education and the impact on students and other educational constituents in the long run.
Mobility in education is fundamentally changing for content providers. Many institutions lack proper adoption of software and hardware systems due to the privacy and security issues related to them. It is estimated that the use of technology to its fullest potential would take a few years. The advent of mobile technology has given rise to innovative learning modes such as simulation-based learning and social learning.
The major restraints in this market are the lack of digital fluency among educational institutions and competition from new models of education.
There are various assumptions that have been taken into consideration for the market sizing and forecasting exercise. A few of the global assumptions include political, economic, social, technological, and economic factors. For instance, exchange rates are expected to have a moderate rating of impact on this market. Therefore, the dollar fluctuations are not expected to seriously affect the forecast in the emerging Asia-Pacific (APAC) regions.
The report will help the market leaders/new entrants in this market in the following ways:
- This report segments the market into products, application market, and learning modes covering this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across different users and regions.
- This report will help them better understand the competitors and gain more insights to better position ones business. There is a separate section on competitive landscape, including end user analysis, mergers and acquisition and venture capital funding. Besides this, there are company profiles of the ten major players in this market. In this section, market internals are provided that can help place one's company ahead of the competitors.
- The report helps them understand the pulse of the market. The report provides information on the key market drivers, restraints, challenges, and opportunities.