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Smart Education and Learning Market to Reach $665.12 Billion by 2026; Rising Adoption of E-learning to Promote Growth, says Fortune Business Insights™

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Pune, June 08, 2020 (GLOBE NEWSWIRE) — The global smart education and learning market size is anticipated to reach USD 665.12 billion by the end of 2026, owing to the growing advancement in learning platforms. Fortune Business Insights™ in their report titled, “Smart Education and Learning Market Size, Share & Industry Analysis, By Component (Hardware, Software, and Services), By Learning Mode (Collaborative Learning, Virtual Instructor-Led Training (VLIT), Simulation-Based Learning, Social Learning, Blended Learning), By End-User (Corporate, Academic, and Government) and Regional Forecast, 2019-2026,” presents a detailed analysis of the market with its prime growth trajectories. As per this report, the market was worth USD 166.30 billion in 2018. However, it is expected to witness a remarkable growth by exhibiting a CAGR of 19.5% during the forecast period between 2019 to 2026.We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.Please visit: https://www.fortunebusinessinsights.com/industry-reports/smart-education-and-learning-market-101942
Adoption of Internet for Educational Purposes Will Boost Market GrowthThe rapid adoption of smartphones and other smart gadgets for educational purposes and the easy availability of high-speed internet are two of the prime factors boosting the smart education and learning market growth. Besides this, the adoption of e-learning and rising government support for promoting online education would also help in increasing the overall smart education and learning market size in the forecast period. E-learning is a cost-efficient and more convenient way of learning as it provides training and tutorials from experts, improved courses, certification programs, and others.North America to Dominate Backed by Increasing Penetration of SmartphonesGeographically, the global smart education and learning market is segregated into the Middle East and Africa, Latin America, North America, Asia Pacific, and Europe. These regions are further classified nation wise. In 2018, North America had generated a revenue of USD 59.42 billion which is further anticipated to rise to USD 240.44 billion by the end of 2026. This is attributable to the stability in economic growth, rapid adoption of technological developments, and the rising penetration of smartphones across the region.Companies are introducing new learning solutions and applications of various courses for children belonging to different educational boards in order to gain high smart education and learning market revenue in the forecast period. Learning applications will help students to master over tough concepts through visual and personalized learning programs. Programs and solutions, such as Blackboard Instructor App, Home Learning Program, GO, Smart STEM, HealthSet, and others would not only intensify the market competition but would also help in attracting high revenues during the forecast period.Key Industry Developments:May 2019 – A China-based company, NetDragon Websoft, developed about 265,000 pop-up classrooms for learners in Egypt. These container-shaped classrooms can be set up within a couple of hours as they are similar to building blocks. They are designed especially for smart education.June 2019 – A non-profit organization named Advancement Via Individual Determination (AVID) and SMART Technologies ULC collaborated to create the best classroom experiences with the help of technological solutions. These solutions will have a positive impact on the educational outcomes and empower the schools positively. The companies are further planning to improve their educational outcomes with the introduction of digital engagement, literacy, empowerment, collaboration, and inquiry.Ebix, Inc.Cisco Systems, Inc.PearsonD2L Corporation.Ellucian Company L.P.BYJU’SSAMSUNGCengagePROMETHEAN LIMITEDSaba SoftwareSkillSoftSMART Technologies ULCMcGraw-HillNIITAdobeBlackboard, Inc.IntroductionDefinition, By SegmentResearch ApproachSourcesExecutive SummaryMarket DynamicsDrivers, Restraints and OpportunitiesEmerging TrendsKey InsightsMacro and Micro Economic IndicatorsConsolidated SWOT Analysis of Key PlayersGlobal Smart Education and Learning Market Analysis, Insights and Forecast, 2015-2026Key Findings / SummaryMarket Size Estimates and ForecastsBy Component (Value)HardwareInteractive White BoardsInteractive DisplaysInteractive TablesInteractive ProjectorsStudent Response SystemsSoftwareLearning Management System (LMS)Learning Content Management SystemAdaptive Learning PlatformAssessment SystemsOthersServicesImplementation and IntegrationTraining and ConsultantSupport and MaintenanceBy Learning Mode (Value)Collaborative LearningVirtual Instructor Led Training (VLIT)Simulation Based LearningSocial LearningBlended LearningBy End User (Value)CorporateSMEsLarge EnterprisesAcademicK-12Higher DegreeGovernmentBy Region (Value)North AmericaEuropeAsia PacificMiddle East and AfricaLatin AmericaTOC Continued….!!!
Video Conferencing Market Size, Share & Industry Analysis, By Type (Telepresence, Integrated, Desktop and Service-based), By Application (Small Room, Huddle Rooms, Middle Rooms, and Large Rooms), By Enterprise Size (Small and Medium Enterprises and Large Enterprises), and Regional Forecast, 2019-2026E–Learning Services Market Size, Share and Global Trend By Courses (Corporate e-learning, Academic e-learning, Government e-learning, Blended e-learning), By Type (Micro learning, Augmented Reality, Video Learning, Big data), By Technologies (M-learning, Digital Learning Devices, Learning Management System), By Learning Mode (Collaborative, Virtual Instructor) and Geography Forecast till 2026LMS Market Size, Share & Industry Analysis, By Component (Solution, Services), By Deployment (On-Premises, Cloud), By Organization Size (SME’s, Large Enterprises), By End User (Academic, Corporate) and Regional forecast, 2019 – 2026Virtual Reality in Education Market Size, Share & Industry Analysis, By Component (Hardware, Software, Content), By Application (K-12, Higher Education, and Vocational Training), and Regional Forecast, 2019-2026Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. Contact Us:
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