Global Education Technology and Smart Classroom Market Size, Status and Forecast 2021-2027

Education Technology & Smart Classroom Market

The global Education Technology and Smart Classroom market size is projected to reach US$ 239900 million by 2028, from US$ 92870 million in 2021, at a CAGR of 14.3% during 2022-2028. Key drivers of the market include the growing number of mobile learning applications and inclination towards digital learning due to better engagement and easy grasping of concepts.

The easy availability of the internet and cost efficiency will create lucrative growth opportunities for the education technology and smart classroom market. The shift of the education system towards online learning models especially during the pandemic has boosted the market growth and will continue to rise in the coming years.

Trends Influencing the Global Education Technology & Smart Classroom Market

Growing mobile penetration and increasing popularity of digital learning

The number of smartphones is rising rapidly. The growth in mobile eLearning applications is huge as they eliminate the challenges related to distance and demography. Learners can access personalized content anytime anywhere on any device. Moreover, digital learning has surged the interest of students as technologies such as AI offer customized course content, interactive displays, track your performance, and provide student-teacher collaboration through chatbots and one on one online tutoring sessions. In addition to it, byte-sized videos and gamification have made the sessions entertaining thereby increasing engagement, focus, with better learning outputs. These factors will propel the growth of the education technology and smart classroom market during the forecast period.

Robust internet infrastructure and cost-effective

Digitization and internet penetration have risen considerably. Government authorities around the world are supporting the growth of strong internet broadband connections. Low costs are further increasing the number of internet users which is expected to double in the coming years. The universal access to the internet has increased the preference for digital learning. With no heavy investments and quick learning access, the acceleration of the education technology and smart classroom market will rise further in the upcoming years.

Covid 19 impact

The covid 19 and the subsequent lockdowns have disrupted the entire education industry across the globe. Schools, colleges, and universities had to shut down to maintain social distancing and contain the spread of the virus. Various educational institutions and ed-tech companies began shifting to digital learning models for continuing the education process seamlessly. E-learning helps in retaining information within less time and promotes online collaboration through social media communities and doubt clearing sessions. The learning process becomes easier, faster, and beneficial for both students and teachers. There are no time constraints as was the case with classroom learning. The widescale adoption amidst the pandemic will continue further thereby accelerating the growth of the education technology and smart classroom market during the forecast period.

Education Technology & Smart Classroom Market Share Analysis

Based on hardware, interactive displays are expected to dominate in the education technology and smart classroom market share as it creates enthusiasm, boosts interaction, and leads to better learning outcomes.

Based on technology, educational enterprise resource planning will provide huge scope for growth in education technology and smart classroom market share as these advanced technologies are shaping up a student’s future through smart learning models.

Based on end-user, secondary, and higher education segments will grow the highest in the education technology and smart classroom market share due to huge investments and funding.

Based on region, North America will grow the fastest in education technology and smart classroom market share due to technological advancements.

By Type

• Hardware
• Technology

By Application

• Kindergarten
• Secondary And Higher Education
• College
• Others 

By Region

• North America
• US.
• Canada
• Europe
• Germany
• France
• UK.
• Italy
• Russia
• Nordic
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Rest of Asia
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA 

By Company

• Blackboard
• Educomp Solutions
• Adobe
• Scholastic
• Cisco
• Smart Technologies
• NIIT
• Saba Software