What Is The Current and Historic Market Size Analysis Of EdTech And Smart Classrooms Market?
The edtech and smart classrooms market has seen considerable growth due to a variety of factors.
• In the last few years, there has been a significant rise in the edtech and smart classrooms market size. The market value is projected to increase from $185.78 billion in 2024, hitting $214.73 billion in 2025. This represents a compound annual growth rate (CAGR) of 15.6%.
Factors contributing to its growth during the historical period include robust economic progress in emerging markets, an increased wave of digital transformation, and enhanced internet penetration.
How Will The EdTech And Smart Classrooms Market Size Evolve In The Foreseeable Future?
The edtech and smart classrooms market is expected to maintain its strong growth trajectory in upcoming years.
• The projected increase in the size of the edtech and smart classrooms market is predicted to be exponential over the coming years. By 2029, it is forecasted to reach $445.94 billion, with a compound annual growth rate (CAGR) of 20.0%.
The expansion within the predicted timeframe is driven by a combination of factors such as governmental support, escalated investments, and widespread use of mobile devices. Significant trends expected in the forecast period encompass the incorporation of artificial intelligence in edtech and smart classrooms, an emphasis on technological advancement, a shift towards virtual learning environments, and strategic alliances and cooperative ventures.
What Are The Primary Growth Drivers In The EdTech And Smart Classrooms Market?
The surge in the preference for online education is projected to fuel the expansion of the edtech and smart classrooms niche. Online learning denotes the act of mastering new skills or understanding through digital platforms and the internet. Its rise can be attributed to its comfort, ease of access, cost-effectiveness, and the progress in technology, which cater to a myriad of learning requirements and accommodate fast-paced lifestyles. Edtech and smart classrooms are indispensable for online education, providing a unified forum for content distribution, interaction, evaluation, and information management. For example, Eurostat, a government-run agency based in Luxembourg, reported in January 2024 that in 2023, the percentage of EU users aged 16 to 74 involved in online education and course or materials access rose by 2 points to hit 30%, an increase from 28% in 2022. Consequently, the rising inclination for online education is steering the expansion of the edtech and smart classrooms domain.
What Are The Core Segments Of The Globa EdTech And Smart Classrooms Market?
The edtech and smart classrooms market covered in this report is segmented –
1) By Education System: Learning Management Systems, Student Information And Administration Systems, Student Collaboration Systems, Student Response Systems, Learning And Gamification, Test Preparation, Document Management Systems, Classroom Management Systems, Talent Management Systems
2) By Deployment: Cloud, On-Premises
3) By Hardware: Interactive Displays, Interactive Projectors
4) By Component: Hardware, Software And Services
5) By End Use: K-12, Higher Education, Kindergarten
Subsegments:
1) By Learning Management Systems (LMS): Course Management Tools, Content Delivery Platforms
2) By Student Information And Administration Systems: Enrollment Management, Academic Records Management
3) By Student Collaboration Systems: Online Discussion Platforms, Group Project Management Tools
4) By Student Response Systems: Clicker Systems, Polling And Survey Tools
5) By Learning And Gamification: Game-Based Learning Platforms, Interactive Learning Tools
6) By Test Preparation: Online Tutoring Services, Practice Test Platforms
7) By Document Management Systems: Digital Document Storage, File Sharing Solutions
8) By Classroom Management Systems: Attendance Tracking Tools, Classroom Engagement Software
9) By Talent Management Systems: Skill Assessment Platforms, Career Development Tools
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Which Emerging Trends Are Reshaping The EdTech And Smart Classrooms Market?
Leading entities in the edtech and smart classrooms market are emphasizing on merging with a wider educational technology ecosystem, like a unified, expandable classroom management platform, aiming to provide a frictionless, scalable solution for improved learning experiences. A unified, expandable classroom management platform comprises a complete software solution designed to assist various facets of classroom management, teaching, and learning procedures in education environments. In April 2022, for example, Impero Software, an American software enterprise, introduced Impero Classroom, a cloud-based classroom management software podium, designed to equip educators with the required tools to handle hybrid learning settings effectively and ensure students remain concentrated and task-oriented. The platform was built to tackle the issues raised by the COVID-19 pandemic, which instigated a transition towards remote and hybrid learning, and the necessity for teachers to sustain control and engage students in both physical and virtual environments. Impero Classroom aspires to empower teachers with the capacity to monitor and manage student devices, ensuring no student lags behind or gets sidetracked.
Who Are the Key Players in the EdTech And Smart Classrooms Market?
Major companies operating in the edtech and smart classrooms market include:
• Microsoft Corporation
• Dell Technologies Inc
• Oracle Corporation
• Apple Inc
• SAP SE
• Anthology Inc
• Cisco Systems Inc
• Ibm Corporation
• Alphabet Inc
• Lenovo
• Openlearning
• Typsy
• Think And Learn (Byju's)
• Coursera
• Udemy
• Atama Plus
• Yuanfudao
• Vipkid
• Zuoyebang
• Hujiang
• Huohua Siweiare
• Teachbuddy
• Edurino
• Hownow
• Eruditus
• House Of Math
• Bloomcoding
• Kahoot
• Gostudent
• Rainly
• Futurelearn
• Brainly
• Skriware
• Nuadu
• Maximum Education
• Kodland
• Dnevnik
• Datamonkey
• Kinderpedia
• Adservio
• Code Of Talent
• Photomath
• Coding Dojo
• Devx School
• Coco Coders
• Eduthings
• Outschool
• Kindertales
• Prosple
• Zipboard
• Gravity
• Agenda Coruja
• Educatec
• Estuda
• Skore.Io
• Mkcoach
• Signa
• Education Journey
• Menty
• Openpbl.Ai Tecnologia Educacional Ltd
• Equipo Toknet
• Acamica
• Lectio
• Mechi Learning
• Masterschool
• Tonara
• Strigo
• Tinytap
• Almentor
• Zenda
• Englease
• Algooru
• Yourself
• Ynmodata
• Hyperion Development
• The Student Hub
• Watobe
• Orcas
• Sprints
• Oto Courses
• Colnn
• Ulesson
• Splatt
• Roducate
What are the Regional Insights into the EdTech And Smart Classrooms Market?
North America was the largest region in the edtech and smart classroom market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the edtech and smart classrooms market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
