Dublin, Dec. 02, 2024 (GLOBE NEWSWIRE) -- The "Education Technology (Ed Tech) and Smart Classrooms - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Education Technology (Ed Tech) and Smart Classrooms is estimated at US$152.7 Billion in 2023 and is projected to reach US$443.7 Billion by 2030, growing at a CAGR of 16.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the EdTech and smart classrooms market is driven by several factors. The rapid digitalization of educational institutions, catalyzed by increasing internet penetration and the proliferation of mobile devices, creates a robust platform for the adoption of advanced educational technologies. The global COVID-19 pandemic accelerated this shift, demonstrating the critical role of digital solutions in maintaining continuity of education during school closures. Changing educational paradigms that emphasize collaborative and experiential learning also fuel the demand for smart classroom solutions.
Furthermore, the growing recognition of lifelong learning and continuous professional development in today's fast-paced, technology-driven economy encourages individuals and corporations to invest in educational technology. These factors, combined with governmental initiatives to integrate technology into education and substantial investments from venture capitalists, are pivotal in propelling the expansion of the global EdTech and smart classrooms market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Ed Tech and Smart Classroom Hardware segment, which is expected to reach US$161.5 Billion by 2030 with a CAGR of a 14.8%. The Ed Tech and Smart Classroom Content segment is also set to grow at 18.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $39.6 Billion in 2023, and China, forecasted to grow at an impressive 17.7% CAGR to reach $87.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Education Technology (Ed Tech) and Smart Classrooms Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Education Technology (Ed Tech) and Smart Classrooms Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Education Technology (Ed Tech) and Smart Classrooms Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Apple, Inc., Adobe Inc., Amazon Web Services, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 727 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $152.7 Billion |
| Forecasted Market Value (USD) by 2030 | $443.7 Billion |
| Compound Annual Growth Rate | 16.5% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- Education Technology (Ed Tech) and Smart Classrooms - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- EdTech: An Introduction
- Imminent Trends to Watch-For in EdTech Space
- Smart Classrooms: Accelerating Education Sector into Smarter Future
- Challenges and Issues
- Regional Market Analysis
- Emerging Economies Drive Growth in the Market
- Recent Market Activity
- World Brands
MARKET TRENDS & DRIVERS
- EdTech Emerges as New Potential Vertical for Investors
- Valuation of Edtech IPOs in the US
- Valuation of Edtech IPOs in the Asia
- Education Set to Experience Impressive Makeover with Influx of Smart Technologies
- Technology Categories Seeing the Most Investment
- Gamification of Learning, A Lucrative Way to Improve Learning Outcomes
- EdTech Emerges as New Potential Vertical for Investors
- Web Conferencing Accelerates Move towards Location Agnostic Interactive and Synchronous Learning in Education Sector
- e-Learning Brings in a New Transformation in Education Sector
- Video Use in e-Learning Witnesses Robust Growth
- Higher User Engagement with Short Videos as Compared to Other Forms of Content Drives the Value of Creating Short But Effective e-Learning Video Content
- IoT to Augment Education Technology
- Rapid Internet Penetration Catalyzes Broad Based Growth
- Internet Ubiquity, Speed & Bandwidth Explosion Provides the Support Platform for the Proliferation of e-Learning Services
- Immersive Learning: The Next Big Thing in the Ed Tech Market
- Virtual Reality (VR) & Wearable Devices Contribute to Cost-effective Online Learning & Training
- Artificial Intelligence: Posed to Play a Key Role in EdTech Ecosystem
- Commercialization of AI Technology Boosts Use of AI in e-Learning
- AI Widens Role in e-Learning
- How AI is Influencing Higher Education
- Learning Management Tools to Gain Traction
- Cloud: Growing Domain for Remote Learning Development & Delivery
- Big Data Set to Widen its Footprint in the EdTech Domain
- Student Information Systems (SIS):Foster Conducive Information-Exchange Environment to Benefit Administration & Students
- Cloud-based SIS: Delivering Compelling Merits over On-Premise Systems
- Innovations Enhance Features & Functionality
- K-12 Schools & Colleges Benefit from SIS
- Integration with LMS to Augment Relevance of SIS
- Growing Role of Educational ERP in Improving Operational Efficiency
- Emerging Technological Trends Favor Education ERP Software Market
- Drive towards Going Paperless Widens Uptake among Educational Institutions
- Unified SIS-ERP Systems Seek Increasing Role
- Analytics Feature Augments Education ERP
- Market to Benefit from Growing Number of Educational Institutions
- Ongoing Digital Transformation in Higher Education Augurs Well
- Digital Learning Materials Used in Classrooms
- Growing Population of Younger Demographics to Augment Future Demand
- Adaptive Learning Holds Significant Potential
- Digital Education Content Widens Reach to Larger Learner Pool
- Digital Content Usage in Education
- Creation of a Personalized Learning Drives Uptake of Digital Content
FOCUS ON SELECT PLAYERS(Total 326 Featured)
- Apple, Inc.
- Adobe Inc.
- Amazon Web Services, Inc.
- Amada Co., Ltd.
- Aeris Communications, Inc.
- AbleNet, Inc.
- AssistiveWare B.V.
- Age of Learning
- Beijing Da Mi Technology Co., Ltd. (VIPKID)
- 17zuoye
- 11Signals Technologies
- 100marks
- betterU Education Corp.
- Agnitio
- Anthology, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/sm04pu
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