Global Smart Education & Learning System Market Growth is driven by Surging demand for Digital Learning
According
to Inkwood Research, the Global Smart Education & Learning System Market is
projected to register a CAGR of 16.61% in terms of revenue during the
forecasting years of 2019-2028.
“Browse 71 Market Data Tables and 62 Figures
spread over 190 Pages, along with an in-depth TOC on the Global Smart Education
& Learning System Market Forecast 2019-2028.”
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Smart Learning
encompasses students’ use of technologies in a learning context, and focuses on
the efficiency in terms of online training within the available technological
ecosystem. The growing interest in distance learning and the extended use of services
like tablets, smartphones, wearable technologies, etc. is beneficial for the
smart learning sector. Schools and training centers are transitioning from the
conventional blackboard approach to incorporating smart technology into
learning environments.
Increasing Demand for Digital Learning Fuels Market
Growth
The rising
investment in enhancing ICT is creating business opportunities and expansion of
the education system. Smart learning solutions have given the learners access
to material, notwithstanding boundaries or location, thereby resulting in the enhanced
learning experience through innovative interactive means. According to the
recent Promethean’s study, it was found out that the majority of teachers
believed educational technology hastened the learning process in their
classrooms. Digital Learning is also said to bring positive behavioral changes
in students, which is deduced to be one of the main factors propelling its
demands in the developed countries. Digital media has boosted the learning
methodology in several subjects like environmental sciences, mathematics,
chemistry, physics, etc.
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Adaptive Learning is the Fastest-growing Learning Mode
Adaptive
Learning is a system-based technique utilized in examining student performance
on the basis of several parameters, thereby making it an integral part of the
education system. It improves student learning, participation, and engagement,
in various study programs. It aids in identifying the learner’s capabilities
and monitors their progress, which has resulted in increased adoption among
end-users. The demand for adaptive learning has been increasing as a result of
digitization, since educational institutions are automating their processes for
simplifying the digital learning environment. The factors that create growth
opportunities for adaptive learning systems are the increasing demand for
online language learning tools and the rising need for individualized learning.
North America harbored the largest market share in
2019
The region of
North America encourages the adoption of modern smart learning solutions across
major end-user segments. The number of mobile learning applications has been
growing in the region. The region has played a dominant role in the advancement
of learning technology, and has also invested considerably in educational
technology. Many educators are adopting mobile apps that allow access to
information anywhere, anytime. The region also houses the majority of the finest
universities.
The competitive
rivalry in the market is projected to depend on several factors like powerful
competitive strategy, degree of transparency, and brand identity. Market
rivalry is estimated to be high during the forecast period. Innovation is
deemed to play a crucial role when it comes to product differentiation. SAP SE, Microsoft Corporation, Blackboard Inc, Cisco Systems Inc, NIIT Limited, Adobe Systems Incorporated, Citrix systems Inc, etc. are some of the well-established
companies operating in the market.
About
Inkwood Research
Inkwood Research specializes in
syndicated & customized research reports and consulting services. Market
intelligence studies with relevant fact-based research are customized across
industry verticals such as technology, automotive, chemicals, materials,
healthcare, and energy, with an objective comprehension that acknowledges the
business environments. Our geographical analysis comprises of North & South
America, CEE, CIS, Middle East, Europe, Asia, and Africa.
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