YORK, Oct. 1, 2023 /PRNewswire/ -- The smart
education market size is estimated to grow by
USD 353.17 billion from 2022
to 2027, growing at a CAGR of 17.98%. The smart
education market is fragmented owing to the presence of many global
and regional companies. A few prominent companies that offer smart
education market are Adobe Inc., Blackboard Inc., Cengage Learning
Inc., Cisco Systems Inc., Cornerstone OnDemand Inc., D2L Corp., EI
Design Pvt. Ltd., Ellucian Co. LP, Hon Hai Precision Industry Co.
Ltd., Instructure Holdings Inc., John Wiley and Sons Inc., McGraw
Hill LLC, Paradiso Solutions, Pearson Plc, Promethean World Ltd.,
Samsung Electronics Co. Ltd., Skillsoft Corp., SkyPrep Inc., Think
and Learn Pvt. Ltd., and Educomp Solutions Ltd. The report
provides a full list of key companies, their strategies, and the
latest developments. Download Free Sample before
- Adobe Inc. - The company offers smart education
such as Adobe Captivate Prime, an enterprise learning platform that
helps organizations create, manage, and deliver engaging learning
- Blackboard Inc. - The company offers smart
education such as Blackboard Learn, a learning management system
(LMS) that helps instructors create and deliver courses, and
students access and manage their coursework.
- Promethean World Ltd.: The company offers smart
education such as MyLab & Mastering, providing personalized
learning experiences through digital tools.
- For details on companies and their offerings
– Buy the report!
By Geography, the market is classified as North America, Europe, APAC, South
America, and Middle East
and Africa. North America will have the largest share of
the market. North America is estimated
to contribute 40% to the growth by 2027.
The existence of enhanced online infrastructure facilities has
contributed to the prompt adoption of smart education and
learning systems by educational institutions in the region. Market
players-introduced software solutions are evolving and available
through both hosted and cloud platforms. Higher education
institutions mainly use cloud platforms to install various EdTech
products and solutions. Cost savings, scalability, and availability
of expertise are driving organizations to adopt cloud-based
technologies. The United States is
the largest adopter of digitalization in North America, thereby contributing greatly to
market revenue. With an increasing focus on improving the quality
of education and increasing enrollment, educational institutions
are researching innovative and cost-effective educational methods.
Cloud-based technology has proven useful for educational
institutions facing a rapid and sudden influx of students.
Therefore, these factors are expected to drive market growth in the
North American region during the forecast period.
Download a free sample report to
get more insights on the market share of various regions and the
contribution of the segments.
- Impactful driver- Increased employment
- Key Trend - Continuous focus on new product
- Major Challenges - Budget constraints in
- By End-user, the market is classified into academics and
corporate. The market share growth by the academics
segment will be significant during the forecast period.
The academic segment includes higher education and K-12 schools.
Colleges and universities are implementing cutting-edge EdTech
products to simplify the learning process and stay up to date with
the latest technologies. The US and Germany are among the advanced countries in
deploying smart education tools at the grassroots level.
Furthermore, the smart education and learning system is expected to
empower students in the K-12 segment by enhancing students'
knowledge acquisition and providing a delivery platform for
effective education. Therefore, market participants intending to
explore this segment are expected to modify their offerings based
on their skills and geographical reach, thereby fueling the growth
of the academics segment of the market during the forecast
Technavio Research experts have provided more
insights on the market share of segments - View a free Sample
The US - Smart Education Market is estimated
to grow at a CAGR of 18.69% between 2022 and
2027. The market size is forecast to increase by USD
The digital education content market is estimated to
grow at a CAGR of 10.52% between 2022 and 2027, and the
size of the market is forecasted to increase by USD 42.13
Growth momentum &
Accelerate at a CAGR of
YoY growth 2022-2023
North America, Europe,
APAC, South America, and Middle East and Africa
US, Canada, China,
Germany, and UK
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Component
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
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