The global smart learning market size reached USD 36.19 Billion in 2021 and is expected to register a revenue CAGR of 21.0% during the forecast period, according to latest analysis by Emergen Research. Smart learning market revenue growth is driven by rising demand for Learning Management System (LMS) software, rising enrollment in the higher education sector, increasing demand for online learning owing to the pandemic, and the need for an interactive & engaging learning environment. Smart learning is a broad term for education in the digital age. It demonstrates how sophisticated technologies allow students to absorb skills and knowledge more effectively, swiftly, and easily.
There is a growing need for Learning Management System (LMS) software to efficiently manage learning content. A Learning Management System (LMS) is a software program or web-based technology that is used to organize, implement, and assess a particular learning process. In its most common form, it is used in eLearning techniques and consists of two elements: a server that supports basic operations and a user interface that instructors, students, and administrators operate. LMS frequently enables a teacher to create and distribute curriculum, monitor student participation, and analyze student performance. Students can use a learning management system to access interactive features such as threaded chats, video conferencing, and discussion boards. With an effective system, instructors and administrators may manage components such as user access, communication, calendars, user registration, material, certifications, and notifications more efficiently.
Some of the key participants in this Smart Learning Market industry include:
Blackboard Inc., Pearson, Ellucian Company L.P., Smart Technologies ULC, Promethean Limited, Samsung, Microsoft, Oracle, SAP, Cisco Systems Inc., D2L Corporation, and McGraw Hill.
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The Global Smart Learning Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects.
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.
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The report studies the impact of the COVID-19 pandemic on the Smart Learning Market .The report offers valuable insights into the market size, market share, sales channel and distribution network, segmentation of the market, demands, and trends, and growth prospects. The report also studies the growth of the market on a global and regional scale.
Scope of the Global Smart Learning Market Report :
The report performs an accurate estimation of the growth prospects of the different market segments by studying the current market scenario, past performance, demand and supply ratio, production, consumption, sales, and revenue generation of the key players in the upcoming years. The market segmentation provides a 360° view of the Smart Learning Market industry, which turns out to be beneficial for readers interested in this sector.
Global Smart Learning Market Market Research Objectives:
- To provide deep understanding of the Smart Learning Market industry.
- To highlight the critical data of each segment at extensive level.
- To determine key success factors in different segments of Smart Learning Market industry.
- To highlight the trends in specific sectors.
- To give insights into key segments.
- To carry economic analysis, build quantitative and financial models of global Smart Learning Market industry and individual segments.
- To project future performance of the global Smart Learning Market industry and identify imperatives.
- To identify risks of investing in particular segments and suggest appropriate strategies to mitigate the risks.
- To study what held back the Smart Learning Market industry during pandemic and forces that are driving up the global Smart Learning Market post-pandemic.
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Segmentation :
Emergen Research has segmented the global smart learning market on the basis of product type, end-use, and region:
Product Type Outlook (Revenue, USD Billion; 2019-2030)
Hardware
Interactive Display
Interactive Whiteboards
Smartboards
Software
Integrated solution
Standalone solution
Learning Content Management System
Student Information System
Classroom Management Software
Language Learning Software
Others
End-Use Outlook (Revenue, USD Billion; 2019-2030)
Academic
Corporate
Government
Enterprise
Regional Analysis Covers:
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)
What is the key information extracted from the report?
Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
The report offers the present scenario and future growth prospects Market in various geographical regions.
The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
The SWOT analysis is conducted along with Porter’s Five Force analysis.
The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.
About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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