Report Scope & Overview:
Smart Learning Market size was valued at USD 47.34 Bn in 2022 and is expected to reach USD 227.35 Bn by 2030, and grow at a CAGR of 21.67% over the forecast period 2023-2030.
Smart Learning is characterized as a system that is self-directed, motivated, adaptable, resource-rich, and technology-enabled. With the advancement of technology, anything might be instrumented and connected through intelligent design. As a result, education is one of them. Smart learning has been increasingly popular in recent years. Smart learning has been used in educational programs all around the world in recent years.
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The smart education system is based not just on software and hardware, but also on the understanding of how they are articulated in courses or through online training. Other intelligent technologies, such as cloud computing, the Internet of Things (IoT), wearable technology, learning analytics, and big data, are assisting smart education. Learning analytics, big data, and cloud computing are all concerned with how learning data may be captured, analyzed, and directed toward improving learning and teaching systems, as well as enabling student development of personalized and adaptable learning.
Smart learning solutions make learning more enjoyable.
Visual aspects aid kids in grasping concepts more quickly.
functions as a motivator for pupils to develop their creative creativity.
The equipment needed for smart learning solutions is highly costly and necessitates significant expenditures.
Young children are unpredictable and have a tendency to mishandle equipment.
Educational institutions and businesses are increasingly requesting online learning tools.
Even after the pandemic, the continuous trend of digital education and eLearning is projected to fuel the smart learning industry.
It is critical that teachers or instructors understand how to use gadgets and software.
The majority of teachers who are used to traditional lecture delivery methods will find it difficult to embrace new tactics.
IMPACT OF COVID-19:
The COVID-19 (Coronavirus Disease) epidemic, according to the World Health Organization (WHO), had a huge impact on enterprises and humanity. Because people are being forced to stay at home as a result of the epidemic, businesses are being forced to create a totally remote workplace in preparation for government mandates mandating Work from Home (WFH). Schools are also urged to use Professional Learning and Development (PLD) programs to work remotely with their pupils in order to follow smart education and learning. Due to the epidemic, the adoption of online education and learning is projected to have a positive influence on the industry's growth.
Organizations may use it as an ideal chance to address their remote learning policy by putting in place the necessary tools and preparing for a similar circumstance in the future. Organizations must also ensure that instructors and students working remotely have access to key papers and the technologies they need, such as VPNs and collaboration and videoconferencing solutions. Furthermore, governments all around the globe are proposing smart education and learning solutions and giving online instructional sites.
During the projected period, the Smart Learning Market's Software sector is predicted to increase at a faster rate. Integrated and independent Smart Learning solutions are available. These technologies assist firms to improve productivity by increasing information exchange and growth among employees. Software solutions provide well-organized Enterprise Resource Planning (ERP) tools that assist faculty members in developing upgraded courses and effectively managing classrooms and schools.
Asynchronous learning encompasses both online and offline options in which coursework is given via the internet, email, or message boards in online forums. Asynchronous learning prevents students from receiving rapid feedback from their peers or instructors. Learners may, however, work at their own pace, which is not feasible with synchronous learning.
KEY MARKET SEGMENTS:
On The Basis of Component:
Classroom Management Software
Language Learning software
On The Basis of Learning type:
On The Basis of End Users:
On the Basis of Services:
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The APAC Smart Learning Market is expected to expand rapidly in the next years. Smart Learning solutions are being used in the region as a result of government measures to develop digital infrastructure. The area also has the largest student population, and demand for eLearning and online education is increasing as technology advances. This propels the Smart Learning market to satisfy a diverse range of educational needs in APAC nations including Australia and New Zealand, Japan, China, Singapore, and India.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
Cornerstone - Company Financial Analysis
|Market Size in 2022
|US$ 47.34 Bn
|Market Size by 2030
|US$ 227.35 Bn
|CAGR of 21.67% From 2023 to 2030
|Report Scope & Coverage
|Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
• By Component (Hardware, Software)
|North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|IBM, SMART Technologies ULC, Saba Software, SAP, Cornerstone, Huawei Technologies Co., Ltd, McGraw-Hill, Alphabet, Blackboard Inc., SAMSUNG
|• Smart learning solutions make learning more enjoyable.
• Visual aspects aid kids in grasping concepts more quickly.
|• Even after the pandemic, the continuous trend of online education and eLearning is projected to fuel the smart learning industry.
Ans:- The estimated market size for the Smart Learning market for the year 2028 is USD 153.54 Bn.
Ans :- The equipment needed for smart learning solutions is highly costly and necessitates significant expenditures and Young children are unpredictable and have a tendency to mishandle equipment.
Ans:- Segments are covered in the Smart Learning Market report are On The Basis of Component, Learning type, and End Users.
Ans:- Key Stakeholders Considered in the study:Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGOs, Commercial research & development (R&D) institutions, Importers and exporters etc
Ans:- The key players of the market are IBM, SMART Technologies ULC, Saba Software, SAP, Cornerstone, Huawei Technologies Co., Ltd, McGraw-Hill, Alphabet, Blackboard Inc., SAMSUNG.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
220.127.116.11 United Kingdom
18.104.22.168 South Korea
22.214.171.124 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Smart Learning Market Segmentation, by Component
8.2.1 Integrated solutions
8.2.2 Standalone solutions
126.96.36.199 Classroom Management software
188.8.131.52 Language Learning software
9. Smart Learning Market Segmentation, by Learning type
9.1 Synchronous learning
9.2 Asynchronous learning
10. Smart Learning Market Segmentation, by End Users
10.1.2 Higher education
10.2.2 Large Enterprises
11. Smart Learning Market Segmentation, By Services
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company Profiles
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 SMART Technologies ULC
13.3 Saba Software
13.6 Huawei Technologies Co., Ltd
13.9 Blackboard Inc.
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
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