The global digital classroom market size is expected to grow from $125.17 billion in 2021 to $147.84 billion in 2022 at a compound annual growth rate (CAGR) of 18.12%. The change in the digital classroom market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic. The market is expected to reach $282.80 billion in 2026 at a CAGR of 17.6%.
What is the Global Digital Classroom Market?
The digital classroom market consists of sales of digital classroom equipment and related product by entities (organizations, sole traders, and partnerships) that are used for transforming a physical classroom extends into a digital space. The digital classroom is a smart classroom, fully incorporated with digital electronics devices and applications which enhance the learning process and deepen the understanding of particular topics with audio, video, and VR & simulations.
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What drives the Global Digital Classroom Market?
Strong internet penetration is expected to propel the growth of the digital classroom market. Internet penetration is defined as the number of internet users having access to the internet and that is measured by the number of users in a country. Access to the internet is fundamental to achieving the vision of a Digital classroom. Teachers and students mainly prefer online sources for gathering information on a topic and assignments. The potential of the Internet offers individual learners increase freedom from the physical limitations of the real world. For instance, according to the American Community Survey 2019, 95% of 3-18-year-olds had home internet access for their study. Hereby internet is the main driver for the growth of the digital educational systems and digital classroom market. Therefore, internet penetration drives the digital classroom market.
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Global Digital Classroom Market Segments
The global digital classroom market is segmented:
By Component: Solutions, Services
By Product: Digital Classroom Hardware, Digital Classroom Content, Digital Classroom Software
By Application: K-12, Higher Education
By Geography: The regions covered in the digital classroom market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Digital Classroom Global Market Report 2022 provides market size and growth forecasts for the global digital classroom market, global digital classroom market share, digital classroom market segments and geographies, digital classroom market competitive landscape including leading competitors’ revenues, profiles and market shares. The digital classroom market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Digital Classroom Industry Playersinclude Jenzabar, Discovery Education, Ellucian.com, Dell Inc, Blackboard Inc., Pearson education inc, DreamBox Learning, Oracle Corporation, Educomp Solutions, Smart Technologies Inc, Panasonic Corporation, Microsoft Corporation, Echo360, Inc., McGraw Hill Education, SABA Education, SABA Education, and Hitachi. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
