According to a new market research report published by Credence Research “Smart Classroom Market — Growth, Future Prospects, and Competitive Analysis, 2019–2027”, the global smart classroom market was valued at USD 60 billion in 2018 and is set to grow by 18% over the forecast period 2019 to 2027.
The market for education technology is booming and has witnessed many inventions over the last few years. Over time, smart classrooms have been enhanced with advanced technologies and learning tools that have led to a revolution in the entire teaching and learning process. In addition, a smart classroom combines traditional teaching and smart technology to help trainers deliver knowledge. Emphasizing new trends and creating new opportunities for educational providers and learners has driven the growth of the smart classroom market. As a result of the above factors, we expect the smart classroom market to grow significantly during the forecast period.
Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/smart-classroom-market
The application-based market for smart classrooms is led by the hardware segment. In the same year, the hardware segment accounted for more than 3/5 of the revenue share. The segment has the highest growth as a result of enormous technological advancement, demand for affordable and easily accessible smart equipment. The increased use offered to students through touch screens and other interactive methods has played a vital role in increasing hardware sales in the smart classroom market. In addition, due to an enormous increase in awareness of a change in the primitive teaching method, we expect that the segment will continue to dominate during the forecast period.
Geographically, North America dominated the smart classroom market in 2018, accounting for around 45 per cent of the same year’s market share. The region is a manufacturing hub for smartphones, software development and technologically advanced technology, and thus dominates the market for smart classrooms. It is expected that Asia-Pacific will increase its market share during the forecast period. As a result of increased internet penetration and affordable smart devices, Asia Pacific will be the main market driver of growth. As a result, we expect North America to continue its dominant position in the Asian Pacific smart classroom market during the forecast period 2019-2027.
Some of the major companies profiled in the report include Akamai Technologies, Inc., Juniper Networks Inc., Flash Networks Inc., Huawei Technologies Co. Ltd, Riverbed Technologies Inc., Qualcomm Inc., Mobidia Technology Inc., Ascom Holding AG, RapidValue IT Services Private Limited, IBM corporation, CITRIX SYSTEMS, INC., F5 NETWORKS, INC. among others.
You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/60069
- Higher Education
- Language Education
- Vocational Education
- Early Education
By Geography Segment
- North America (the U.S., Rest of North America)
- Europe (U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, Japan, India, Rest of Asia Pacific)
- Rest of the World (the Middle East & Africa, Latin America)