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Pulished Date August, 2021
ID: 10074
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Global Education Technology (EdTech) and Smart Classrooms Market – Segmented By Hardware (IWB, Projectors, Displays, Printers), Systems (LMC, LCMS, LCDS, SRS, DMS), Technologies (Gaming, Analytics, ERP, Dashboards), Educational Content (Audio and Video Tutorial, Electronic Manuals) - Forecast to 2026

Pulished: August, 2021
ID: 10074
Pages: 150

Global Education Technology (EdTech) and Smart Classrooms Market Size & Growth (2020 – 2025)

The global educational technology and smart classroom market is projected to expand from $93.27 billion in 2020 to $143.76 billion by 2025, at an annual development rate of 16.72% during the conjecture period of 2020 to 2025.

A smart classroom is equipped with several multimedia components that are created to improve the teaching and learning procedures. Technology in education has played an important role in the educational technology market and brought students into contact with existing and future learning opportunities. Smart classrooms have been enhanced with advanced learning technology aids, revolutionizing the whole process of teaching and learning. In many poor districts and states, technology has provided students with world-class education to make it easier for students to participate in advanced placement courses.

Growing application of smart devices, increasing demand in end-user industries and greater momentum in developing new methods are some of the important factors driving the growth of smart class market. However, the lack of awareness among end users is the major factor limiting the growth of the smart class market. Growing preference for digital learning and growing adoption of mobile learning apps are among the factors that are expected to drive the growth of smart classroom market.

Increased government investments in the education sector is acting as a principal driver for the development of global education technology (Ed Tech) and smart classroom market. The effectiveness of education in eliminating inequalities and poverty has been recognized by countries around the world, which is why they are keen to invest in technologies that promise the proliferation of education in remote areas. In addition to this, new technologies such as smart classrooms that promote interactive education and knowledge sharing, eliminating geographic boundaries, are expected to experience high demand in the coming years.

Recent Developments:

  • In 2018, EdTech companies nationwide raised more than $ 1.5 billion in funds. As the sector matures, companies with significant income growth are expected to attract more funding and differentiate themselves from new market players.
  • Governments around the world that require STEM in the K-12 curriculum are forcing market players to position themselves to offer comprehensive solutions.

Market Growth and Trends:

EdTech and Smart Classrooms are expanding with the introduction of novel technological advances and effective innovations. It is rapidly changing the traditional way of learning and teaching. Today, with the increase in the use of tablets, laptops, e-readers, and smartphones, students are exposed to various educational technologies at an early age. Smart Classrooms/Ed Tech products and services are of great benefit to students, instructors and parents. Smart classrooms facilitate the teaching and learning process to increase student achievement. It is presented as one of the most favorable solutions for education.

Impact of Covid-19 on Education Technology and Smart Classrooms Market:

We can now see that COVID-19 has reoriented and amplified the concerns and actions of universities around the world, reshaping and questioning their interests to ensure short-term operational continuity, while ensuring long-term institutional sustainability.

COVID-19 changed everything, and this list was no exception. New, more urgent goals have been added as priorities. Throughout this brief but vertiginous historical event, a first stage took place (March to April 2020) centered on a new sociology of work: teaching, research and changes related to working conditions in universities.

Market Drivers and Restraints:

The easy adoption and successful education delivered by EdTech and smart classroom technology is the main factor promoting its demand. In addition, the market is also benefiting from the growing technological awareness and expanding internet penetration across the world. Also, with countries adopting digital education and e-learning solutions to promote literacy among the masses, the demand for EdTech and smart classroom will increase in the near future.

While the overall opportunities in the global education technology market are favorable, the high initial investments engaged in building a smart classroom and the lack of awareness in emerging and underdeveloped countries are major challenges for this market. Moreover, the implementation of several programs by local governments to enhance education in developing nations will act as a supplement for global education technology and smart classroom market.

Market segmentation:

  • Based on hardware, the market is divided into IWB, projectors, displays, and printers.
  • Based on the systems, the market is separated into LMC, LCMS, LCDS, SRS, and DMS.
  • By technologies, the global ed tech and smart classroom market is divided into gaming, analytics, ERP, dashboards).
  • Depending on the educational content, the market is bifurcated into audio and video tutorial, electronic manual.

Regional Analysis:
Regionally, the global education technology and smart classroom market is categorized in Asia-Pacific, Europe, North America, and the rest of the world. With developed economies predominantly at the forefront of the latest technological innovations, strong market opportunities are foreseen in North America and Europe. While the market is expected to grow at an exponential rate in the aforementioned regions, the opportunities in developing countries will also remain significant throughout the forecast period.

In countries like India, Brazil, China and others, governments are leaving no stone unturned to usher in an era of progress. Their efforts are manifested in favorable policies and increasing investments in the field of promotion of education among the masses. For example, India maintains favorable policies to promote education even in remote areas, which gives the market plenty of opportunities to be capitalized on during the forecast period.

Key market players:

Ed Tech and Smart Classroom market includes many hardware products and systems depending on the needs of its end-users. This market is diverse and competitive in nature, with a large number of well-established players, such as Microsoft, Blackboard Inc, Cisco Systems, Dell Inc, Fujitsu Limited, HP and IBM Corporation, as well as mid-level companies, such as like Smart Technologies, Jenzabar, Dynavox Mayer-Johnson and Dreambox Learning.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Education Technology (Ed Tech) and Smart Classrooms Market, By Hardware                              

                                6.1.1 IWB            

                                6.1.2 Projectors               

                                6.1.3 Displays    

                                6.1.4 Printers    

                                6.1.5 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.6 Y-o-Y Growth Rate Analysis             

                                6.1.7 Market Attractiveness Index          

                6.2 Education Technology (Ed Tech) and Smart Classrooms Market, By Systems                 

                                6.2.1 LMC           

                                6.2.2 LCMS         

                                6.2.3 LCDS          

                                6.2.4 SRS             

                                6.2.5 DMS           

                                6.2.6 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.7 Y-o-Y Growth Rate Analysis             

                                6.2.8 Market Attractiveness Index          

                6.3 Education Technology (Ed Tech) and Smart Classrooms Market, By Technologies                       

                                6.3.1 Gaming     

                                6.3.2 ERP             

                                6.3.3 Analytics  

                                6.3.4 Dashboards            

                                6.3.5 Market Size Estimations & Forecasts (2019-2024)   

                                6.3.6 Y-o-Y Growth Rate Analysis             

                                6.3.7 Market Attractiveness Index          

                6.4 Education Technology (Ed Tech) and Smart Classrooms Market, By Educational Content                         

                                6.4.1 Audio and Video Tutorial  

                                6.4.2 Electronic Manuals              

                                6.4.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.4.4 Y-o-Y Growth Rate Analysis             

                                6.4.5 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Hardware          

                                7.2.3 By Systems             

                                7.2.4 By Technologies    

                                7.2.5 By Educational Content     

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Hardware          

                                7.3.3 By Systems             

                                7.3.4 By Technologies    

                                7.3.5 By Educational Content     

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Hardware          

                                7.4.3 By Systems             

                                7.4.4 By Technologies    

                                7.4.5 By Educational Content     

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Hardware          

                                7.5.3 By Systems             

                                7.5.4 By Technologies    

                                7.5.5 By Educational Content     

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Hardware          

                                7.6.3 By Systems             

                                7.6.4 By Technologies    

                                7.6.5 By Educational Content     

8. Key Player Analysis                                    

                8.1 Microsoft                    

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Blackboard Inc                           

                8.3 Cisco Systems                            

                8.4 Dell Inc                         

                8.5 Fujitsu Limited                          

                8.6 HP                  

                8.7 IBM Corp                     

                8.8 Smart Technologies                

                8.9 Jenzabar                      

                8.10 Dynavox Mayer-Johnson                   

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Hardware, Systems, Technologies, Educational Content along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
  1. Global Education Technology (Ed Tech) and Smart Classrooms Market By Region, From 2020-2025 ( USD Billion )
  2. Global Education Technology (Ed Tech) and Smart Classrooms Market By Hardware, From 2020-2025 ( USD Billion )
  3. Global IWB Market By Region, From 2020-2025 ( USD Billion )
  4. Global Projectors Market By Region, From 2020-2025 ( USD Billion )
  5. Global Displays Market By Region, From 2020-2025 ( USD Billion )
  6. Global Printers Market By Region, From 2020-2025 ( USD Billion )
  7. Global Education Technology (Ed Tech) and Smart Classrooms Market By Systems, From 2020-2025 ( USD Billion )
  8. Global LMC Market By Region, From 2020-2025 ( USD Billion )
  9. Global LCMS Market By Region, From 2020-2025 ( USD Billion )
  10. Global LCDS Market By Region, From 2020-2025 ( USD Billion )
  11. Global SRS Market By Region, From 2020-2025 ( USD Billion )
  12. Global DMS Market By Region, From 2020-2025 ( USD Billion )
  13. Global Education Technology (Ed Tech) and Smart Classrooms Market By Technologies, From 2020-2025 ( USD Billion )
  14. Global Gaming Market By Region, From 2020-2025 ( USD Billion )
  15. Global ERP Market By Region, From 2020-2025 ( USD Billion )
  16. Global Analytics Market By Region, From 2020-2025 ( USD Billion )
  17. Global Dashboards Market By Region, From 2020-2025 ( USD Billion )
  18. Global Education Technology (Ed Tech) and Smart Classrooms Market By Educational Content, From 2020-2025 ( USD Billion )
  19. Global Audio and Video Tutorial Market By Region, From 2020-2025 ( USD Billion )
  20. Global Electronic Manuals Market By Region, From 2020-2025 ( USD Billion )

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