Global Classroom Wearables Technology Market 2016-2020
- Published: May 2016
- Pages: 62
- SKU: IRTNTR9436
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This market research report presents a detailed segmentation of the global classroom wearables technology market by product (writs-worn equipment, head gear, and others), by end-users (K-12 schools and higher educational institutions), and by geography (APAC, Europe, North America, and ROW). The key players in the market include Apple, Google, Microsoft, and Samsung.
Global market outlook of classroom wearables technology
Technavio’s market research analyst predicts that the global classroom wearables technology market will grow at a high CAGR of more than 36% by 2020. With the rise in digitalization in education, several schools and educational institutions have adopted digital tools and gadgets such as tablets and e-learning modules to enhance student participation. The implementation of wearable technology has enhanced students’ engagement as now they can learn easily and speedily. For instance, Google Glass enables students to create first-person videos and also engage in unique point-of-view experiences. Similarly, VR devices such as Oculus Rift allows students to involve in experiential learning. Many educational institutions catering to the K-12 and higher education segments have started making investments in purchasing good quality wearable devices, thereby boosting the market growth in the coming years.
The market is witnessing the entry of several new players which include telecommunication operators, service providers, smartphone providers, application providers, and device manufacturers. The growing demand for wearables technology has increased the market penetration where several players are trying to offer unique products at affordable prices to increase their consumer base. Moreover, the declining costs of the electronic components used in the wearables devices have led to the decline in the average selling price of these devices, thereby increasing their adoption among end-users.
Segmentation by product and analysis of the classroom wearables technology market
- Wrist-worn equipment
During 2015, the wrist-worn equipment product segment dominated the market and occupied more than 55% of the overall market share. Wrist-worn equipment consists of devices such as smartwatches and fitness tracker bands. Fitness trackers help students in their physical education classes and during sports activities. Similarly, smartwatches are useful in taking attendance, tracking students’ behaviors, and assessing students' performances. The growing use of these devices in higher education students helps students in collecting the required information and helps them to synchronize these devices with the learning management system applications.
Geographical segmentation and analysis of the classroom wearables technology market
- North America
North America will continue to lead the market during the forecast period and is expected to occupy 48% of the total market share. The declining rate of technological challenges and the increased adoption of e-learning in the academic sector are the major influencing factors for the market growth in this region. The growing focus towards introducing new learning models and providing better broadband access for students in rural areas will accelerate the growth prospects for the market in this region over the next four years.
Competitive landscape and key vendors
The market is characterized by the presence of diverse international and regional providers. The major players dominate the market in terms of quality, technology, and pricing. Competition in the market is expected to intensify during the forecast period with an increase in product/service extensions, technological innovations, and M&A. Several new players are entering the market owing to the significant growth opportunities. These vendors are offering innovative products at affordable prices which is adding to the market competition.
Key vendors in the market include -
Other prominent vendors in the classroom wearables technology market are ASUSTek Computer, Fitbit, Garmin, Jawbone, Motorola, Nike, Pebble, and Sony.
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the global classroom wearables technology market?
- What are the key market trends impacting the growth of the global classroom wearables technology market?
- What are the challenges to market growth?
- Who are the key vendors in the global classroom wearables technology market?
- What are the market opportunities and threats faced by the vendors in the global classroom wearables technology market?
- Trending factors influencing the market shares of APAC, Europe, North America, and ROW.
- What are the key outcomes of the five forces analysis of the global classroom wearables technology market?
Technavio also offers customization on reports based on specific client requirement.
- Classroom Wearables Technology Market in the US 2016-2020
- Global Education Hardware Market 2016-2020
Wearable technology has changed the way we communicate, collect, and analyze data. These devices are available in various shapes and sizes and can be worn anywhere on the body of the end user, depending on the requirement. These wearables work on a mechanism similar to those of smartphones and tablets and can be easily synchronized with the smartphones and tablets to enhance its accessibility. They also find extensive applications across various industries and are now actively adopted in the classroom domain of the education sector.
The report, global classroom wearables market, is part of Technavio’s education portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as education technology, K12 and higher education, and school and college essentials. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by product
- Global classroom wearables technology market by product
- Global classroom wearables technology by wrist-worn equipment
- Global classroom wearables technology by head gear
- Global classroom wearables technology market by other accessories
PART 07: Market segmentation by end-user
- Global classroom wearables technology market by end-user
PART 08: Geographical segmentation
- Global classroom wearables technology market by geographical segmentation
- Classroom wearables technology market in North America
- Classroom wearables technology market in Europe
- Classroom wearables technology market in APAC
- Classroom wearables technology market in ROW
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
- Competitive scenario
- Competitive benchmarking
PART 15: Key vendor analysis
PART 16: Other prominent vendors
- Other prominent vendors
PART 17: Appendix
- List of abbreviations
PART 18: Explore Technavio
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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