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Smart Education Market by Product, End-user, and Geography - Forecast and Analysis 2022-2026

  • Published: Sep 2022
  • Pages: 157
  • SKU: IRTNTR40431
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According to research report smart education market, will witness a growth of 13.1 % at a CAGR of 18.9% from 2021 to 2026 and market share is expected to increase by USD158.37 billion.

This smart education market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers smart education market segmentations by product (content, software, and hardware), end-user (higher education and K-12 schools), and geography (APAC, Europe, North America, South America, and Middle East and Africa). The smart education market report also offers information on several market vendors, including Adobe Inc., Anthology Inc., Cisco Systems Inc., Cornerstone OnDemand Inc., D2L Corp., Dell Technologies Inc., Discovery Education Inc., Echo360 Inc, Educomp Solutions Ltd., Ellucian Co. LP, Instructure Inc., International Business Machines Corp., Jenzabar Inc, NIIT Ltd, Pearson Plc, Promethean Ltd., Samsung Electronics Co. Ltd., SMART Technologies ULC, Think and Learn Pvt. Ltd., and Unit4 NV among others.

What will the Smart Education Market Size be During the Forecast Period?

Smart Education Market Size

Download Report Sample to Unlock the Smart Education Market Size for the Forecast Period and Other Important Statistics

 

Smart Education Market: Key Drivers, Trends, and Challenges

The research studied the historical data considered for years, with 2021 as the base year, and 2022 as the estimated year, and produced drivers, trends, and challenges for the market.

Key Smart Education Market Driver

Increasing employment is one of the key drivers supporting the smart education market growth. Educational institutions are increasingly adopting advanced learning methodologies such as smart education to sharpen the employment prospects of students. The global workforce requirement scenario is facing issues of demand and supply gap, as graduate and post-graduate students lack industry-specific skills and hence, require training. As a result, institutions are focusing on imparting industry-related skills to students so that they can be competent as per industry requirements. The increased demand for education technology products can be attributed to the greater emphasis laid on STEM-based education. The demand for training and educating healthcare professionals in a smart education environment is rising due to the increasing demand for specialist healthcare workers such as physiotherapists and nurses. Hence, the scope for training and education of students opting for allied healthcare as their career is immense. 

Key Smart Education Market Trend

Continuous focus on new product development is one of the key smart education market trends fueling the market growth. Several vendors are launching innovative products considering the potential of the market. The high prospects of several products in the education industry are expected to boost the growth of the market in the forecast period. For instance, in February 2022, SMART Technologies announced the SMART Learning Suite (SLS) software to help teachers navigate the reality of hybrid teaching. Thus, the growing focus on rapid product development is expected to contribute to the growth of the market during the forecast period.

Key Smart Education Market Challenge

Budget constraints is one of the factors hampering the smart education market growth. The purchase, as well as the maintenance of these devices, takes a toll on the budgets allocated to schools. Institutions providing smart education are facing challenges related to adequate financial support. Although smart education offers several learning benefits, institutions need to take care of the procurement costs and hardware systems such as classroom wearables and projectors are expensive. The hardware system procurement is also not uniform across countries, as emerging countries lack the required capital to install them. Educational institutions with limited budgets may not be able to invest heavily in the implementation as well as maintenance of smart software solutions such as LMS, thus, limiting the market growth. 

This smart education market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global smart education market as a part of the global education services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the smart education market during the forecast period.

Who are the Major Smart Education Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • Adobe Inc.
  • Anthology Inc.
  • Cisco Systems Inc.
  • Cornerstone OnDemand Inc.
  • D2L Corp.
  • Dell Technologies Inc.
  • Discovery Education Inc.
  • Echo360 Inc
  • Educomp Solutions Ltd.
  • Ellucian Co. LP
  • Instructure Inc.
  • International Business Machines Corp.
  • Jenzabar Inc
  • NIIT Ltd
  • Pearson Plc
  • Promethean Ltd.
  • Samsung Electronics Co. Ltd.
  • SMART Technologies ULC
  • Think and Learn Pvt. Ltd.
  • Unit4 NV

 

This statistical study of the smart education market encompasses successful business strategies deployed by key vendors. The smart education market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The vendor profiles are designed to help clients improve their market position, and information on production and sustainability along with this the report provides a detailed analysis of several leading Companies.

Smart Education Market Value Chain Analysis

Our In-house experts produce extensive information on the value chain, and parent market of smart education market which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-end understanding of product insight and profit and also optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.

Which are the Key Regions for Smart Education Market?

Smart Education Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

44% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for the smart education market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The rising digital literacy will facilitate the smart education market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Product Segments in the Smart Education Market?

Smart Education Market Share

To gain further insights on the market contribution of various segments Request PDF Sample

The smart education market share growth by the content segment will be significant during the forecast period. Content is an essential and inherent part of any learning environment, either in traditional or online classrooms. In an online education setup, content is presented in varied forms, apart from the conventional textual format. Educational institutions are procuring several types of digital content in the form of texts, graphics, and videos to provide an engaging and interesting classroom environment. Institutions implementing smart education are incorporating online content in their teaching and learning methodologies, as these offer multiple benefits to students, teachers, and other faculty members. Such factors of content will drive market growth in the forecasted period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the smart education market size and actionable market insights on the post-COVID-19 impact on each segment.

You may be in interested in the regional reports:

US Smart Education market - The market share will grow steadily during the predicted period and will post a CAGR of almost 14% by 2020.

Smart Education Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 18.9%

Market growth 2022-2026

$158.37 billion

Market structure

Fragmented

YoY growth (%)

13.1

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 44%

Key consumer countries

US, China, India, UK, and Germany

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

Adobe Inc., Anthology Inc., Cisco Systems Inc., Cornerstone OnDemand Inc., D2L Corp., Dell Technologies Inc., Discovery Education Inc., Echo360 Inc, Educomp Solutions Ltd., Ellucian Co. LP, Instructure Inc., International Business Machines Corp., Jenzabar Inc, NIIT Ltd, Pearson Plc, Promethean Ltd., Samsung Electronics Co. Ltd., SMART Technologies ULC, Think and Learn Pvt. Ltd., and Unit4 NV

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Smart Education Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive smart education market growth during the next five years
  • Precise estimation of the smart education market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the smart education industry across APAC, Europe, North America, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of smart education market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 25: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 26: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 27: Chart on Comparison by Product
      • Exhibit 28: Data Table on Comparison by Product
    • 5.3 Content - Market size and forecast 2021-2026
      • Exhibit 29: Chart on Content - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 30: Data Table on Content - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 31: Chart on Content - Year-over-year growth 2021-2026 (%)
      • Exhibit 32: Data Table on Content - Year-over-year growth 2021-2026 (%)
    • 5.4 Software - Market size and forecast 2021-2026
      • Exhibit 33: Chart on Software - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 34: Data Table on Software - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 35: Chart on Software - Year-over-year growth 2021-2026 (%)
      • Exhibit 36: Data Table on Software - Year-over-year growth 2021-2026 (%)
    • 5.5 Hardware - Market size and forecast 2021-2026
      • Exhibit 37: Chart on Hardware - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 38: Data Table on Hardware - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 39: Chart on Hardware - Year-over-year growth 2021-2026 (%)
      • Exhibit 40: Data Table on Hardware - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by Product
      • Exhibit 41: Market opportunity by Product ($ billion)

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 42: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 43: Data Table on End-user - Market share 2021-2026 (%)
    • 6.2 Comparison by End-user
      • Exhibit 44: Chart on Comparison by End-user
      • Exhibit 45: Data Table on Comparison by End-user
    • 6.3 Higher education - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Higher education - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 47: Data Table on Higher education - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 48: Chart on Higher education - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Higher education - Year-over-year growth 2021-2026 (%)
    • 6.4 K-12 schools - Market size and forecast 2021-2026
      • Exhibit 50: Chart on K-12 schools - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 51: Data Table on K-12 schools - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 52: Chart on K-12 schools - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on K-12 schools - Year-over-year growth 2021-2026 (%)
    • 6.5 Market opportunity by End-user
      • Exhibit 54: Market opportunity by End-user ($ billion)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 56: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 57: Data Table on Market share by geography 2021-2026 (%)
    • 8.2 Geographic comparison
      • Exhibit 58: Chart on Geographic comparison
      • Exhibit 59: Data Table on Geographic comparison
    • 8.3 APAC - Market size and forecast 2021-2026
      • Exhibit 60: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 61: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 62: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 63: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 8.4 Europe - Market size and forecast 2021-2026
      • Exhibit 64: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 65: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 66: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 67: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 8.5 North America - Market size and forecast 2021-2026
      • Exhibit 68: Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 69: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 70: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 71: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 8.6 South America - Market size and forecast 2021-2026
      • Exhibit 72: Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 73: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 74: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 75: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 8.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 76: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 77: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 78: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 79: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 8.8 US - Market size and forecast 2021-2026
      • Exhibit 80: Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 81: Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 82: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 83: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 8.9 UK - Market size and forecast 2021-2026
      • Exhibit 84: Chart on UK - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 85: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 86: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 87: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 8.10 Germany - Market size and forecast 2021-2026
      • Exhibit 88: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 89: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 90: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 91: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 8.11 China - Market size and forecast 2021-2026
      • Exhibit 92: Chart on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 93: Data Table on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 94: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 95: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 8.12 India - Market size and forecast 2021-2026
      • Exhibit 96: Chart on India - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 97: Data Table on India - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 98: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 99: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 8.13 Market opportunity by geography
      • Exhibit 100: Market opportunity by geography ($ billion)

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 101: Impact of drivers and challenges in 2021 and 2026
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 102: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 103: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 104: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 105: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 106: Matrix on vendor position and classification
            • 11.3 Adobe Inc.
              • Exhibit 107: Adobe Inc. - Overview
              • Exhibit 108: Adobe Inc. - Business segments
              • Exhibit 109: Adobe Inc. - Key news
              • Exhibit 110: Adobe Inc. - Key offerings
              • Exhibit 111: Adobe Inc. - Segment focus
            • 11.4 Anthology Inc.
              • Exhibit 112: Anthology Inc. - Overview
              • Exhibit 113: Anthology Inc. - Product / Service
              • Exhibit 114: Anthology Inc. - Key offerings
            • 11.5 Cisco Systems Inc.
              • Exhibit 115: Cisco Systems Inc. - Overview
              • Exhibit 116: Cisco Systems Inc. - Business segments
              • Exhibit 117: Cisco Systems Inc. - Key news
              • Exhibit 118: Cisco Systems Inc. - Key offerings
              • Exhibit 119: Cisco Systems Inc. - Segment focus
            • 11.6 D2L Corp.
              • Exhibit 120: D2L Corp. - Overview
              • Exhibit 121: D2L Corp. - Product / Service
              • Exhibit 122: D2L Corp. - Key news
              • Exhibit 123: D2L Corp. - Key offerings
            • 11.7 Dell Technologies Inc.
              • Exhibit 124: Dell Technologies Inc. - Overview
              • Exhibit 125: Dell Technologies Inc. - Business segments
              • Exhibit 126: Dell Technologies Inc. - Key news
              • Exhibit 127: Dell Technologies Inc. - Key offerings
              • Exhibit 128: Dell Technologies Inc. - Segment focus
            • 11.8 Discovery Education Inc.
              • Exhibit 129: Discovery Education Inc. - Overview
              • Exhibit 130: Discovery Education Inc. - Product / Service
              • Exhibit 131: Discovery Education Inc. - Key offerings
            • 11.9 Ellucian Co. LP
              • Exhibit 132: Ellucian Co. LP - Overview
              • Exhibit 133: Ellucian Co. LP - Product / Service
              • Exhibit 134: Ellucian Co. LP - Key offerings
            • 11.10 Instructure Inc.
              • Exhibit 135: Instructure Inc. - Overview
              • Exhibit 136: Instructure Inc. - Product / Service
              • Exhibit 137: Instructure Inc. - Key offerings
            • 11.11 International Business Machines Corp.
              • Exhibit 138: International Business Machines Corp. - Overview
              • Exhibit 139: International Business Machines Corp. - Business segments
              • Exhibit 140: International Business Machines Corp. - Key offerings
              • Exhibit 141: International Business Machines Corp. - Segment focus
            • 11.12 Pearson Plc
              • Exhibit 142: Pearson Plc - Overview
              • Exhibit 143: Pearson Plc - Business segments
              • Exhibit 144: Pearson Plc - Key offerings
              • Exhibit 145: Pearson Plc - Segment focus

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 146: Inclusions checklist
                • Exhibit 147: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 148: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 149: Research methodology
                • Exhibit 150: Validation techniques employed for market sizing
                • Exhibit 151: Information sources
              • 12.5 List of abbreviations
                • Exhibit 152: List of abbreviations
              • The global education services market is at a crossroads with the positive impact of technological advances such as online education, the implementation of AR and VR in teaching methods, and the use of interactive whiteboards. On the other hand, data and security issues and low digital literacy rates are having a negative impact on the growth of the market. The combined impact of these factors will lead to high growth in the global education services market.
                • education: Includes technical education, language learning, test preparation services, tutoring services, makerspaces, vocational training, and distance learning courses and certifications
                  • emphasis on mobile learning: The increasing use of smartphones is encouraging education service providers to introduce mobile learning modules. Mobile learning has several advantages, such as flexibility and convenience. Therefore, users can schedule and complete the course/training according to their convenience. Mobile learning is also an experience of personalized learning as users can take training as per their requirements.
                    • digital literacy rates: Educational hardware and software have not been realized in tandem with the availability of trained staff in educational institutions. Institutions find it difficult to integrate technology into business processes. This is because of the inability of the faculty and administrators to understand applications and optimal use. The deployment of these applications alone by colleges and universities is not enough.

                      Research Framework

                      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.

                      TechnavioINFORMATION SOURCES

                      Primary sources

                      • Manufacturers and suppliers
                      • Channel partners
                      • Industry experts
                      • Strategic decision makers

                      Secondary sources

                      • Industry journals and periodicals
                      • Government data
                      • Financial reports of key industry players
                      • Historical data
                      • Press releases
                      Technavio

                      TechnavioDATA ANALYSIS

                      Data Synthesis

                      • Collation of data
                      • Estimation of key figures
                      • Analysis of derived insights

                      Data Validation

                      • Triangulation with data models
                      • Reference against proprietary databases
                      • Corroboration with industry experts
                      Technavio

                      TechnavioREPORT WRITING

                      Qualitative

                      • Market drivers
                      • Market challenges
                      • Market trends
                      • Five forces analysis

                      Quantitative

                      • Market size and forecast
                      • Market segmentation
                      • Geographical insights
                      • Competitive landscape
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                      Smart Education market growth will increase by $158.37 billion during 2022-2026.
                      The smart education market is expected to grow at a CAGR of 18.9% during 2022-2026.
                      Technavio has segmented the smart education market by product (Content, Software, and Hardware) ,end-user (APAC, Europe, North America, South America, and MEA) , and geographic (APAC, Europe, North America, South America, and Middle East and Africa).
                      Adobe Inc., Anthology Inc., Cisco Systems Inc., Cornerstone OnDemand Inc., D2L Corp., Dell Technologies Inc., Discovery Education Inc., Echo360 Inc, Educomp Solutions Ltd., Ellucian Co. LP, Instructure Inc., International Business Machines Corp., Jenzabar Inc, NIIT Ltd, Pearson Plc, Promethean Ltd., Samsung Electronics Co. Ltd., SMART Technologies ULC, Think and Learn Pvt. Ltd., Unit4 NV are a few of the key vendors in the smart education market.
                      APAC will register the highest growth rate of 43.78% among the other regions. Therefore, the smart education market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
                      The key factors driving the smart education market growth are:
                      • Increased employment prospects
                      • Continuous focus on new product development
                      The smart education market vendors should focus on grabbing business opportunities from the content segment as it accounted for the largest market share in the base year.
                      • What are the key global market and the regional market share?
                      • What are the revenue-generating key market segments?
                      • What are the key factors driving and challenging this market’s growth?
                      • Who are the key market vendors and their growth strategies?
                      • What are the latest trends influencing the growth of this market?
                      • What are the variables influencing the market growth in the primary regions?
                      • What are the factors influencing the growth of the parent market?
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