EdTech & Smart Classroom Market by Enabling Technology, Education System, Deployment Type, End-user

Description

List of Tables

[188 Pages Report] The EdTech & Smart Classroom Market size was estimated at USD 149.79 billion in 2023 and expected to reach USD 182.26 billion in 2024, at a CAGR 22.62% to reach USD 624.36 billion by 2030.

The EdTech & smart classroom market encompasses educational technology and intelligent solutions to enhance learning experiences and outcomes. It integrates hardware, software, and educational methodologies to create a technologically advanced learning environment. This market includes Learning Management Systems (LMS), student information systems, classroom management software, online tutoring, e-learning courses, and interactive displays. The extensive scope market offers various tools and platforms for content delivery, learning assessment, and student engagement. It also covers the infrastructure required for these technologies, including network connectivity, data storage, and security services. With the ever-increasing integration of AI, VR, and AR technologies, the scope for personalized and immersive learning experiences continues to expand. The high initial setup costs, resistance to change among educational institutions, digital divide issues that lead to unequal access to technology, and concerns about data privacy and security limit the usage of EdTech and smart classroom solutions. Additionally, providing adequate training and support for educators to integrate technology into their teaching practices takes time and effort. These include the development of AI-driven adaptive learning platforms, the incorporation of gamification in education, greater use of data analytics for measuring student performance, and the potential for blockchain to secure and streamline administrative processes.

KEY MARKET STATISTICS
Base Year [2023]	USD 149.79 billion
Estimated Year [2024]	USD 182.26 billion
Forecast Year [2030]	USD 624.36 billion
CAGR (%)	22.62%

Enabling Technology: Increasing use of analytics in EdTech & smart classrooms

Advanced technology in EdTech encompasses various cutting-edge tools such as Artificial Intelligence (AI), Virtual Reality (VR), Augmented Reality (AR), and Internet of Things (IoT). The need for such technologies arises from the quest for personalized learning, immersive educational experiences, and improved student engagement. AI in education offers personalized tutoring and assessment, VR provides immersive learning environments, AR bridges the gap between theoretical and practical learning, and IoT connects physical devices to foster interactive learning ecosystems. Analytics software captures, processes, and interprets educational data to inform decision-making, helping educators to understand learning patterns, measure educational outcomes, and tailor instruction to student needs. Enterprise resource planning (ERP) systems in education centralize school management tasks such as admissions, scheduling, and finance, promoting efficiency and inter-departmental coordination. Gamification in EdTech is applying game-design elements in non-game contexts to enhance student motivation and engagement. Gamification is particularly effective in K-12 settings where keeping students attentive and interested can be challenging. Educational institutions can opt for comprehensive security solutions for end-to-end protection or specialized services that offer advanced auditing solutions tailored to educational environments.

Education System: Growing consumer preference for learning management systems to deliver educational courses and training programs

Classroom assessment systems are integral to enable educators to conduct formative and summative assessments to gauge students' understanding and progress. Classroom assessment systems often provide real-time feedback and analytics, allowing teachers to tailor their instruction to meet students' needs. Classroom assessment systems are preferred by educators looking to streamline the creation, distribution, and grading of assessments and are critical in settings that require regular, data-driven insights into student performance. Classroom collaboration systems foster interactive learning environments by allowing students and teachers to collaborate in real-time, in-person, and remotely. Classroom collaboration systems are essential for educational institutions prioritizing teamwork and engagement in their learning processes, facilitating group work and class discussions. Classroom management systems enable educators to oversee and facilitate classroom activities digitally. These systems can manage student attendance, behavior, and participation, often providing tools for disseminating instructional content. Document management systems help organize and store digital documents, such as student work, curricular content, and administrative paperwork. Document management systems are essential for institutions looking to reduce paper use, improve organization, and secure access to educational and administrative documents. Learning management systems are comprehensive platforms that provide educators and students with the tools to create, deliver, and track educational courses and training programs. Student information systems track and manage all student data, including demographics, grades, and attendance. Student information systems serve as the central source of truth for administrators, educators, and students. Student response systems, also known as clickers or personal response systems, allow instructors to receive immediate feedback from students during classes through interactive questioning and polling. Talent management systems (TMS) are used in the education sector to oversee staff and faculty recruitment, development, retention, and performance management. TMS is crucial for educational institutions that focus on maintaining high-quality staff, professional development, and strategic human resource planning.

Deployment Type: Evolving deployment of EdTech & smart classrooms over on-cloud platforms

On-cloud deployment refers to delivering educational technology and smart classroom services via the internet from a remote cloud service provider. This model provides ease of access across multiple locations, real-time data analytics, cost-effectiveness due to the pay-as-you-go pricing model, and scalability. On-cloud solutions are often preferred by educational institutions that require quick deployment and do not want to invest heavily in IT infrastructure. On the other hand, on-premises deployment involves the installation of EdTech & smart classroom solutions directly onto the hardware located within the educational institution's premises. This traditional deployment method provides full control over data, which is favorable for institutions with strict data privacy requirements. Educational institutions that prioritize data control and security, have sufficient IT infrastructure and can afford the upfront investment costs may opt for on-premises solutions.

End-user: Rapid adoption of EdTech & smart classrooms for K-12 education

In the K-12 space, the preference for EdTech & smart classrooms primarily revolves around facilitating an interactive and collaborative learning environment that can adapt to various learning styles and abilities. Smart classroom products often include interactive whiteboards, student response systems, and educational software encompassing a broad spectrum of subjects tailored to the K-12 curriculum. The priority for the preschool segment is to provide simple, intuitive, and engaging learning experiences that develop crucial cognitive and motor skills. Tablet-based learning experiences with child-friendly interfaces and durable hardware are preferred, along with educational apps that teach basic literacy, numeracy, and social skills. The preference for the university & higher education concentrates on advanced digital solutions that support a wide range of academic disciplines and promote self-paced, lifelong learning. Technologies such as Artificial Intelligence (AI), Virtual Reality (VR), and Augmented Reality (AR) are becoming more prevalent in higher education to create immersive learning experiences.

Regional Insights

The growth trajectory for EdTech & smart classrooms in the Americas is bolstered by substantial investments in educational technology by the government and private sectors. A significant focus on personalizing learning experiences and incorporating STEM education generates demand for innovative platforms and resources in the region. The widespread acceptance of digital textbooks, learning management systems (LMS), and online courses reflects the progressive consumer attitudes towards technology in education. The European Union presents a diverse market with numerous government-led initiatives promoting digital education. In the Middle East, a high preference for mobile learning and collaborative tools, aligning with the region's mobile penetration and younger demographic trends, has augmented the usage of EdTech solutions. Asia Pacific's landscape for EdTech & smart classrooms is robust, with significant government backing in ed-tech initiatives and research. The focus on AI in education and extracurricular learning platforms reflects consumer appetite for competitive learning environments in the Asia-Pacific.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the EdTech & Smart Classroom Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the EdTech & Smart Classroom Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the EdTech & Smart Classroom Market, highlighting leading vendors and their innovative profiles. These include 2U, Inc., Amplify Education, Inc., Anthology Inc., Apple Inc., Cisco Systems, Inc., Cornerstone OnDemand, Inc., Curriculum Associates, LLC, D2L Corporation, Dell Technologies Inc., Discovery, Inc., Ellucian Company L.P., GoGuardian, Google, LLC by Alphabet Inc., Instructure, Inc., International Business Machines Corporation, Kaltura Inc., Lenovo Group Limited, Microsoft Corporation, Newsela Inc., Oracle Corporation, Promethean World Ltd., SAP SE, Skillsoft Corporation, Smart Technologies LLC, Udemy, Inc., and Workday, Inc..

Market Segmentation & Coverage

This research report categorizes the EdTech & Smart Classroom Market to forecast the revenues and analyze trends in each of the following sub-markets:

Enabling Technology
- Advanced Technology
- Analytics
- Enterprise Resource Planning
- Gamification
- Security

Education System
- Classroom Assessment System
- Classroom Collaboration System
- Classroom Management System
- Document Management System
- Learning Management System
- Student Information System
- Student Response System
- Talent Management System

Deployment Type
- On-Cloud
- On-Premises

End-user
- K-12
- Pre-School
- University & Higher Education

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the EdTech & Smart Classroom Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the EdTech & Smart Classroom Market?

3. What are the technology trends and regulatory frameworks in the EdTech & Smart Classroom Market?

4. What is the market share of the leading vendors in the EdTech & Smart Classroom Market?

5. Which modes and strategic moves are suitable for entering the EdTech & Smart Classroom Market?

Product Code: MRR-BC0B37A58AA0

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing Proliferation of Connected Devices in the Education Sector
  - 5.1.1.2. Rising Adoption of eLearning Solutions Globally
  - 5.1.1.3. Government and Institutional Funding and Awareness Programs on Online Learning and Digital Infrastructure
- 5.1.2. Restraints
  - 5.1.2.1. Issues with Data Security and Privacy
- 5.1.3. Opportunities
  - 5.1.3.1. Introduction of Augmented Reality (AR) and Virtual Reality (VR) in EdTech and Smart Classrooms
  - 5.1.3.2. Development of Personalized Adaptive Learning and Fun Learning Environment
- 5.1.4. Challenges
  - 5.1.4.1. Limited Infrastructure Support in Developing Economies
5.2. Market Segmentation Analysis
- 5.2.1. Enabling Technology: Increasing use of analytics in EdTech & smart classrooms
- 5.2.2. Education System: Growing consumer preference for learning management systems to deliver educational courses and training programs
- 5.2.3. Deployment Type: Evolving deployment of EdTech & smart classrooms over on-cloud platforms
- 5.2.4. End-user: Rapid adoption of EdTech & smart classrooms for K-12 education
5.3. Market Trend Analysis
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization

6. EdTech & Smart Classroom Market, by Enabling Technology

6.1. Introduction
6.2. Advanced Technology
6.3. Analytics
6.4. Enterprise Resource Planning
6.5. Gamification
6.6. Security

7. EdTech & Smart Classroom Market, by Education System

7.1. Introduction
7.2. Classroom Assessment System
7.3. Classroom Collaboration System
7.4. Classroom Management System
7.5. Document Management System
7.6. Learning Management System
7.7. Student Information System
7.8. Student Response System
7.9. Talent Management System

8. EdTech & Smart Classroom Market, by Deployment Type

8.1. Introduction
8.2. On-Cloud
8.3. On-Premises

9. EdTech & Smart Classroom Market, by End-user

9.1. Introduction
9.2. K-12
9.3. Pre-School
9.4. University & Higher Education

10. Americas EdTech & Smart Classroom Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific EdTech & Smart Classroom Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa EdTech & Smart Classroom Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. APSCHE & TeamLease EdTech Launch Ground-Breaking Platform to Revolutionize Education
- 13.3.2. Allen Set to Acquire Edtech Startup DoubtNut
- 13.3.3. Edtech Startup Scaler Announces Strategic Partnership with NSDC

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio