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 the 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 and 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 "Global Smart Learning Market" research by Emergen Research is a thorough compilation of analytical data regarding the Smart Learning sector. The research contains a market segmentation for Smart Learning as well as a thorough evaluation of the market's size (both in terms of volume and value). The study analyzes the present Smart Learning market and provides a detailed prediction for the years 2022–2030. The Smart Learning Market Research offers a thorough analysis of each market vertical, segment, end-use industry, application, and region's historical, present, and projected revenue.
There is a growing need for learning management system (LMS) software to efficiently manage learning content. A learning management system (LMS) is a software program or web-based technology that is used to organize, implement, and assess a particular learning process. In its most common form, it is used in eLearning techniques and consists of two elements: a server that supports basic operations and a user interface that instructors, students, and administrators operate. LMS frequently enables a teacher to create and distribute curriculum, monitor student participation, and analyze student performance. Students can use a learning management system to access interactive features such as threaded chats, video conferencing, and discussion boards. With an effective system, instructors and administrators may manage components such as user access, communication, calendars, user registration, material, certifications, and notifications more efficiently. LMSs are used by organizations of all sizes, as well as local governments, traditional educational institutions, national government agencies, and digital institutions. Traditional teaching methods can be enhanced while organizations save time and money.
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Competitive Terrain:
The global Smart Learning industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Leading Market Players Profiled in the Report:
Blackboard Inc., Pearson, Ellucian Company L.P., Smart Technologies ULC, Promethean Limited, Samsung, Microsoft, Oracle, SAP, Cisco Systems Inc., D2L Corporation, McGraw Hill
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Some Key Highlights From the Report
- 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.
- Market in North America accounted for a moderate revenue share in 2021. The presence of numerous multinational corporations will have a significant impact on the market expansion in this region. The rising demands and use of online platforms and early education, primarily in the United States, promise well for the regional market's development. Furthermore, increased incidence of coronavirus in the U.S. has played an important role in the broad use of the product and, consequently, the expansion of the market. eLearning platforms are desired owing to their adaptability and scalability since they provide students with a variety of chances to enroll in college programs and flexible modular learning content.
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Smart Learning market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Smart Learning market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Smart Learning market.
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Market Overview:
The report bifurcates the Smart Learning market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Product Type Outlook (Revenue, USD Billion; 2019-2030)
- Interactive Display
- Interactive Whiteboards
- Smartboards
- Integrated solution
- Standalone solution
- Learning Content Management System
- Student Information System
- Classroom Management Software
- Language Learning Software
- Others
- Hardware
- Software
- End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Academic
- Corporate
- Government
- Enterprise
- Regional Outlook (Revenue, USD Billion; 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
Regional Outlook:
- North America (the U.S., Canada, Mexico)
- Europe (the U.K., Germany, France, Italy)
- Asia Pacific (India, China, Japan, Korea)
- Latin America (Brazil, Argentina, Ecuador, Chile)
- Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)
Key reasons to buy the Global Smart Learning Market report:
- The latest report comprehensively studies the global Smart Learning market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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