Outlook of the digital learning devices market
Technavio’s market research analysts have predicted the global digital learning devices market to grow at an impressive CAGR of more than 10% over the forecast period. The increasing adoption of laptops and tablets in education and advances in technology will drive the prospects for growth in this market. With advances in technology, digital devices like laptops and tablets are slowly replacing print textbooks. Tablets are convenient and easy-to-use, and it has changed the way teachers and students interact and communicate with each other. Also, tablets allow the storage of a large volume of data that a student can access anytime, anywhere. This increase in the preference for tablets and laptops will aid in the healthy growth of this market over the next four years.
The increasing use of smart and portable devices has led to an augmented use of Internet. The availability of fast internet connections has dynamically changed the scenario of the education industry. Internet penetration has influenced vendors providing digital education tools to focus on e-learning and mobile learning technologies. Furthermore, governments worldwide have introduced a number of policies to provide better coverage and networks to students and teachers. Also, the growing penetration of Internet has led to universities building their databases and academic curricula on digital platforms to facilitate easy accessibility for students which is expected to bolster the growth prospects of this market over the forecast period.
Segmentation by end-user and analysis of the digital learning devices market
- Education sector
- Corporate sector
The education sector will be the highest revenue generating market segment during the forecast period and will also account for the largest market share by the end of 2020. The education sector comprises schools and colleges managed either by the government or private organizations. With the help of digital learning devices, teachers can present content in a more engaging and dynamic manner to their students. The numerous advantages of digital learning devices in the education sector will lead to this market segment’s growth over the forecast period.
Geographical segmentation of the digital learning devices market
- Americas
- APAC
- EMEA
The Americas will be the largest market for digital learning devices during the forecast period and will grow at a CAGR of nearly 10% by 2020. The increasing use of new teaching tools and the growing adoption of TV displays and projectors in classrooms will impel the prospects for market growth in this region.
Competitive landscape and key vendors
The global digital learning devices market is highly competitive owing to the presence of many vendors in each product segment. Most vendors offer a variety of innovative products at affordable prices which will intensify the competition further.
Key vendors in the market are -
- Dell
- HP
- Lenovo
- Amazon
- Apple
- Huawei
- Samsung
- Microsoft
- Promethean World
- SMART Technologies
Other prominent vendors analyzed in this market study are BenQ, Compaq, HCL, HTC, Intel, LG Electronics, NEC, Panasonic, Positivo Informatica, Sony, and Toshiba.
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 digital learning devices market?
- What are the key market trends impacting the growth of the global digital learning devices market?
- What are the challenges to market growth?
- Who are the key vendors in the global digital learning devices market?
- What are the market opportunities and threats faced by the vendors in the global digital learning devices market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global digital learning devices market?
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