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Smart Education And Learning Market Share Analysis, Trends And Growth 2024-2033
The new report published by The Business Research Company, titled Smart Education And Learning Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the smart education and learning market size has grown exponentially in recent years. It will grow from $332.35 billion in 2023 to $395.01 billion in 2024 at a compound annual growth rate (CAGR) of 22.2%. The smart education and learning market size is expected to see exponential growth in the next few years. It will grow to $883.75 billion in 2028 at a compound annual growth rate (CAGR) of 22.3%.
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Driving Growth In The Global Smart Education And Learning Market Through E-Learning Adoption
The increasing adoption of e-learning methods is expected to propel the growth of the smart education and learning market going forward. E-learning methods refer to educational approaches that utilize electronic technologies to access curriculum outside of traditional classrooms. The increasing adoption of e-learning methods signifies a growing preference for digital education solutions worldwide. Smart education and learning enhance e-learning by providing personalized, interactive, and efficient educational experiences through advanced technologies. For instance, in February 2021, Google LLC, a US-based technology company, reported that over 150 million students, educators, and school leaders worldwide used Google Classroom for teaching and learning, a significant rise from 40 million users in 2020. Therefore, the increasing adoption of e-learning methods is driving growth in the smart education and learning market.
Advancements In Smart Classroom Services Drive Digital Learning Innovation
Major companies operating in the smart education and learning market are focusing on developing advanced solutions, such as smart classroom services, to enhance digital learning experiences. Smart classroom services in smart education and learning provide interactive, technology-enhanced environments that facilitate modern teaching and learning practices. For instance, in February 2023, Huawei Technologies Co. Ltd., a China-based digital communications technology company, launched a new smart classroom solution. This solution supports live streaming, automated recording, and class analysis. It enables advanced teaching methods by combining edge-cloud technology. Intelligent edge devices connect video resources to the cloud platform, allowing features such as smart attendance, real-time speech-to-text conversion, and online video resource management.
The smart education and learning market covered in this report is segmented -
1) By Component: Hardware, Software, Service
2) By Learning Mode: Virtual Instructor-Led Training, Simulation-Based Learning, Social Learning, Blended Learning, Adaptive Learning, Collaborative Learning
3) By End User: Academics, Corporate
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Major companies operating in the smart education and learning market are Apple Inc., Alphabet Inc., Samsung Group, Microsoft Corporation, Dell Technologies Inc., International Business Machines Corporation, Cisco Systems Inc., NIIT Limited, Adobe Inc., Pearson PLC, McGraw-Hill Inc., Ellucian Company, Blackboard Inc., Udemy Inc., Coursera Inc., Smart Technologies, Sum Total Systems, Desire2learn Corporation, Tata Class Edge Limited, Khan Academy, Saba Software Inc.
Contents of the report:
1. Executive Summary
2. Smart Education And Learning Market Report Structure
3. Smart Education And Learning Market Trends And Strategies
4. Smart Education And Learning Market - Macro Economic Scenario
5. Smart Education And Learning Market Size And Growth
…..
27. Smart Education And Learning Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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