According to Emergen Research's most recent report, the global smart learning market size reached USD 36.19 billion in 2021 and is anticipated to grow at a revenue CAGR of 21.0% during the projected period. The demand for Learning Management System (LMS) software is on the rise, as is enrollment in higher education, the demand for online learning is rising as a result of the pandemic, and there is a growing need for an interactive and engaging learning environment. The phrase "smart learning" refers broadly to modern educational practises. It shows how advanced technologies make it possible for students to learn skills and knowledge more quickly, easily, and effectively.
In order to better position themselves in the global Smart Learning Market, the Smart Learning Market study will offer readers, stakeholders, and enterprises detailed information about market size, revenue growth, and general market dynamics. Along with market segmentations based on things like product type, application, and regional bifurcation, it also includes comprehensive information on important considerations, limits, limitations, and problems.
To handle learning content effectively, Learning Management System (LMS) software is becoming increasingly important. In order to plan, carry out, and evaluate a specific learning process, a Learning Management System (LMS) is a piece of software or web-based technology. It often takes the shape of two components that are utilised in eLearning techniques: a server that supports fundamental operations and a user interface that administrators, teachers, and students can use. A teacher is frequently able to develop and disseminate curriculum, keep track of student involvement, and evaluate student achievement with the help of an LMS. Students can access interactive features like discussion boards, video conferencing, and threaded discussions through a learning management system.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Blackboard Inc., Pearson, Ellucian Company L.P., Smart Technologies ULC, Promethean Limited, Samsung, Microsoft, Oracle, SAP, Cisco Systems Inc., D2L Corporation, McGraw Hill
Target Audience of the Global Smart Learning Market Report:
- Key Market Players
- Venture capitalists
- Small- and medium-sized and large enterprises
- Third-party knowledge providers
- Value-Added Resellers (VARs)
- Global market producers, distributors, traders, and suppliers
- Research organizations, consulting companies, and various alliances interested in this sector
- Government bodies, independent regulatory authorities, and policymakers
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Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Segmentations of the Smart Learning Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Smart Learning market on the basis of product, application, and region:
Segments Covered in this report are:
- Product Type Outlook (Revenue, USD Billion; 2019-2030)
- Interactive Display
- Interactive Whiteboards
- Integrated solution
- Standalone solution
- Learning Content Management System
- Student Information System
- Classroom Management Software
- Language Learning Software
- End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Regional Outlook (Revenue, USD Billion; 2019–2030)
- North America
- Rest of Europe
- South Korea
- Rest of APAC
- Rest of LATAM
- Saudi Arabia
- South Africa
- Rest of MEA
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Some Key Highlights From the Report
- The interactive display segment accounted for a moderate revenue share in 2021. An interactive panel is a wall-mounted device that allows users to generate dynamic visual presentations and edit on-screen data via digital touchpad inputs. Interactive LED panels are available in a variety of sizes, making them suitable for collaborative spaces ranging in size from small preschools to enormous corporate conference rooms. Present-day interactive displays enable instructors and presenters to convey information more efficiently, and their multitouch capabilities increase audience involvement. In addition, contemporary interactive flat-panel displays reduce the need to consider environmental factors such as lighting during a presentation.
- Learning content management system segment accounted for a significant revenue share in 2021. Learning content management systems develop, manage, track, distribute, analyze, and store information and courses. This can include presenting images, presentations, text, and video. It is customizable to provide each employee with the job-specific training they need. A Learning Content Management System (LCMS) includes greater interactivity, such as Virtual Reality (VR) and geocaching.
- Corporate segment accounted for a significant revenue share in 2021. Smart learning in corporate universities is one of the modes of the learning organization's progress. It demonstrates that businesses are capable of continuous learning and fully utilizing their employees unique ideas. It is a learning, sharing, and engagement-friendly organizational atmosphere. Smart learning in a firm or organization becomes crucial to corporate development owing to intelligence and adaptability. Corporate digital learning is the practice of promoting group engagement and knowledge transfer within or across organizations through communication and information technologies.
- Market in North America accounted for a moderate revenue share in 2021. The presence of numerous multinational corporations will have a significant impact on the market expansion in this region. The rising demands and use of online platforms and early education, primarily in the United States, promise well for the regional market's development. Furthermore, increased incidence of coronavirus in the U.S. has played an important role in the broad use of the product and, consequently, the expansion of the market. eLearning platforms are desired owing to their adaptability and scalability since they provide students with a variety of chances to enroll in college programs and flexible modular learning content.
Additional information offered by the report:
- Along with a complete overview of the global Smart Learning market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Smart Learning market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
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