The global market for EdTech and smart classrooms testifies to this

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LONDON, Jan. 31, 2022 (GLOBE NEWSWIRE) — The global smart classroom and education technology market flourished as COVID-19 shutdowns forced the closure of educational institutes. Customizable options for pursuing an education anywhere between K-12 have allowed edtech and smart classroom companies to have a stronger impact over the past two years. According to Fairfield Market Research, the The global education and smart classroom technology market will be worth US$188.8 billion by 2026, up from US$72.1 billion in 2018. Between the forecast years 2021 and 2026, the market is expected to leap at a whopping CAGR of 14.5%, analysts predict.

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Massive Expansion of EdTech and Smart Classroom Market Attributed to Customized Learning Solutions
The newfound flexibility with edtech and smart classroom solutions to modify coursework has given students a chance to continue their studies at varying speeds. Tailoring courses and creating unique learning experiences has given this market a strong foundation to build on. From flexible scheduling to different test modes, the goal of these modern education solutions is to be more inclusive for students around the world. The market is also supported by improved IT infrastructure, better internet availability and access to obscure courses, which attracts adults. The report predicts that the market will experience a growing subscriber base as the pandemic changes the mindsets of physical schools and colleges to learn at the desired pace.

The learning system management segment will lead by a margin
The popularity of Learning Management System (LMS) programs is expected to remain high. Their use for tracking, course offering, supervision, certification and graduation is expected to create significant demand in the coming years. The LMS has a huge advantage because it is fully designed to automate learning administrations, track classroom instructions, and offer content management and creation capabilities. The system also provides easy access to study materials, making learning more activity-based than just task-based.

Edtech Europe and the smart classroom market will remain at the forefront
Geographically, North America is expected to dominate the global education technology and smart classroom market over the forecast period. This regional market is expected to register a CAGR of 13.4% between 2021 and 2026. Meanwhile, Europe is also expected to witness an exceptional growth rate, with e-learning and virtual classrooms becoming an integral part of the education system. of the developed region. . Interactive displays and wireless technologies are expected to push end users to adopt these solutions to make the most of the restricted lifestyle due to the pandemic.

Inasmuch asSome of the major players operating in the global education technology and smart classrooms market are BYJU’s, Apple Inc., Alphabet Inc., IBM Corporation, Learning Technologies Group, Cisco Systems Inc., Amazon.com Inc, Microsoft Corporation, Dell Inc., SMART Technologies ULC and Cornerstone On-demand Inc. these companies’ main move to tap into rural markets, making education a more affordable commodity. In line with the same thinking, BYJU’S has partnered with the Akshaya Patra Foundation from January 2022. This move furthers the mission of reaching underprivileged children with quality education to transform lives.

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REPORT SCOPE AND SEGMENTATION:

REPORT FEATURES DETAILS
Education system coverage
  • Learning management system
  • Student Information System
  • Classroom assessment system
  • Classroom collaboration system
  • Class management system
  • Document management system
  • Student Response System
  • talent management system
Activation of technology coverage
  • Gamification
  • Analytic
  • ERP
  • Security
  • Advanced technology* (AI, AR, VR, Robotics and Blockchain)
End-use coverage
  • kindergarten
  • K-12
  • Higher Education
Deployment Coverage
By material
  • Interactive displays
  • Interactive projectors
Geographic coverage
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Leading companies
  • Apple Inc.
  • IBM Corporation
  • Alphabet Inc.
  • Cisco Systems Inc.
  • Learning technologies
  • Amazon.com Inc.
  • Microsoft Corporation
  • SMART Technologies ULC
  • Dell Inc.
  • Cornerstone On Demand Inc. Trek
Report Highlights
  • Market estimates and forecasts, market dynamics, industry trends, competition landscape, products, applications, regions, country trends and analysis, COVID-19 impact analysis, key trends

Contents

1. Summary
1.1. Overview of the Global Education Technology and Smart Classrooms Market
1.2. Future projections
1.3. Main market trends
1.4. Analyst Recommendations

2. Market Overview
2.1. Market definitions
2.2. Market Taxonomy
2.3. Market dynamics
2.4. Value chain analysis
2.5. Porter’s Five Forces Analysis
2.6. Covid-19 impact analysis
2.7. Key patents

3. Global Education Technology and Smart Classroom Market Outlook, 2018- 2026
3.1. Global Education Technology and Smart Classroom Market Outlook, By Hardware, Value (USD Thousand), 2018-2026
3.2. Global Education Technology and Smart Classroom Market Outlook, By Enabling Technology, Value (USD Thousand), 2018-2026
3.3. Global Education Technology and Smart Classrooms Market Outlook, By End User, Value (USD Thousand), 2018-2026
3.4. Global Education Technology and Smart Classroom Market Outlook, By Education System, Value (USD Thousand), 2018-2026
3.5. Global Education Technology and Smart Classrooms Market Outlook, by Deployments, Value (USD Thousand), 2018-2026
3.6. Global Education Technology and Smart Classrooms Market Outlook, by Region, Value (USD Thousand), 2018-2026

4. North America Education Technology and Smart Classrooms Market Outlook, 2018- 2026
4.1. North America Smart Classroom and Education Technology Market Outlook, by Deployments, Value (USD Thousand), 2018-2026
4.2. North America Education Technology and Smart Classrooms Market Outlook, By Enabling Technology, Value (USD Thousand), 2018-2026
4.3. North America Education Technology and Smart Classrooms Market Outlook, By End User, Value (USD Thousand), 2018-2026
4.4. North America Smart Classroom and Education Technology Market Outlook, by Hardware, Value (USD Thousand), 2018-2026
4.5. North America Education Technology and Smart Classrooms Market Outlook, by Education System, Value (USD Thousand), 2018-2026
4.6. North America Educational Technology and Smart Classrooms Market Outlook, by Country, Value (USD Thousand), 2018-2026

5. Europe Education Technology and Smart Classroom Market Outlook, 2018- 2026
5.1. Europe Education Technology and Smart Classrooms Market Outlook, by Deployments, Value (USD Thousand), 2018-2026
5.2. Europe Education Technology and Smart Classroom Market Outlook, By Enabling Technology, Value (USD Thousand), 2018-2026
5.3. Europe Education Technology and Smart Classrooms Market Outlook, By End User, Value (USD Thousand), 2018-2026
5.4. Europe Education Technology and Smart Classrooms Market Outlook, by Hardware, Value (USD Thousand), 2018-2026
5.5. Europe Education Technology and Smart Classrooms Market Outlook, by Education System, Value (USD Thousand), 2018-2026
5.6. Europe Education Technology and Smart Classrooms Market Outlook, by Country, Value (USD Thousand), 2018-2026

TOC Continued..!!!

About Us
Fairfield Market Research is a UK based market research provider. Fairfield offers a wide range of services, from custom reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps companies navigate through economic cycles, with rapid responses and multi-pronged approaches. The company values ​​a keen eye on global issues, ably supported by a team of exceptionally experienced researchers. With a solid repository of syndicated market research reports that are published and continuously updated to ensure that ever-changing client needs are met with absolute speed.

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