Smart Education and Learning Market is Growing at a CAGR of 24.84% During 2016 to 2021

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Dec 08, 2016, 10:00 ET

PUNE, India, December 8, 2016 /PRNewswire/ --

The smart education and learning market size is estimated to grow from USD 193.24 billion in 2016 to USD 586.04 billion by 2021, at a CAGR of 24.84% driven by Increasing eLearning in the corporate and academic setups and widespread government initiatives while Learning Management Systems (LMS) market is expected to hold the largest market share, globally. 

Browse 93 tables and 64 figures, 15 Company profiles spread across 171 pages available at http://www.reportsnreports.com/reports/163564-smart-education-and-learning-market-advanced-technologies-digital-models-adoption-trends-and-worldwide-market-forecast-2012-2017-.html .

Boost in the connectivity of handheld devices, increased collaboration between hardware vendors and educational content providers, increasing significance of eLearning in the corporate and academic setups, technological advancements, and widespread government initiatives in the growing market are some of the driving factors of the smart education and learning market. However, lack of knowledge and expertise among end users and lack of resources and infrastructure in developing markets are some of the restraining factors that may hamper business critical functions in smart education and learning market.

Based on the learning software market, the LMS market is expected to have the largest market share during the forecast period. This is because of the features and benefits associated with it such as course content management, reporting and assessment, feedback management, video and audio-based content management, and user management.

The corporate user segment is expected to grow at the highest rate as well as to have the largest market share during the forecast period because corporate organizations seeks for solutions that help them in providing training to their employees in efficient and effective manner.

With the widespread initiatives taken up by the government in the region and huge technological advancements and adoption, APAC is expected to grow at the fastest CAGR in the smart education and learning market during the forecast period. North America is expected to hold the largest market share during the forecast period due to the increase in adoption of tablets and smart phones by users for academic and business purposes.

The various key vendors profiled in this report such as Adobe Systems, Blackboard, Inc., Educomp Solutions Ltd., Cisco Systems, Inc., McGraw-Hill Education, NIIT Limited, Pearson PLC, Desire2Learn Corporation Ltd., Samsung Electronics Co.Ltd., SumTotal Systems, Smart Technologies, Ellucian Company LP, Tata Interactive System, Promethean, Inc. and Saba Software, Inc. Order a copy of Smart Education and Learning Market by Product (Hardware, Software, Service, Educational Content), User (Academic, Corporate), Learning Mode (Collaborative, Virtual Instructor, Simulation, Adaptive, Social, Blended), and Region - Global Forecast to 2021 research report at http://www.reportsnreports.com/purchase.aspx?name=163564 .

The report includes in-depth competitive analysis of these key players in the smart education and learning market, with their company profiles, SWOT analysis, recent developments, and key market strategies. In the process of determining and verifying, the global smart education and learning market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (24%), Tier 2 (41%) and Tier 3 (35%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C Level (43%), Director Level (29%) and others (28%) from various key organizations operating in the global smart education and learning market. The primary interviews were conducted worldwide covering regions such as North America (29%), APAC (57%) and MEA (14%).

The smart education and learning market has been segmented based on hardware, software, services, educational content, learning mode, user, and region. A detailed analysis of the key industry players has been done to provide key insights into their business overview, products &services, key strategies, new product launches, partnerships, agreements, collaborations, expansions, and competitive landscape associated with the smart education and learning market.

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