What market dynamics are playing a key role in accelerating the growth of the edtech and smart classrooms market?
The rise in demand for online education is anticipated to fuel the expansion of the edtech and smart classrooms market. Online education entails the use of digital technologies and the internet to gain knowledge or develop skills. Its popularity is soaring due to its convenience, easy access, affordability, and technological progressions, accommodating varying learning needs and fitting into the hectic schedules of individuals. Edtech and smart classrooms play a critical role in online learning, providing a unified platform for content delivery, interaction, evaluation, and data administration. For example, Eurostat, a government agency based in Luxembourg, reported in January 2024 that the proportion of EU users aged 16 to 74 participating in online education and accessing courses or materials climbed by 2 points to 30% in 2023, a rise from 28% in 2022. Hence, the escalating demand for online education is augmenting the growth of the edtech and smart classrooms market.
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How will the growth rate of the edtech and smart classrooms market shape industry trends by 2034?
The market for edtech and smart classrooms has seen a swift expansion in the past few years. The market size is projected to increase from $185.78 billion in 2024 to $214.73 billion in 2025, corresponding to a compound annual growth rate (CAGR) of 15.6%. The historical growth can be linked to the robust economic development in up-and-coming markets, the surge in digital transformation, and increased internet connectivity.
Anticipated to witness remarkable growth in the near future, the market size of edtech and smart classrooms is projected to escalate to $445.94 billion by 2029, with an compound annual growth rate (CAGR) of 20.0%. The imminent growth in this timeframe is a result of amplified governmental backing, escalating investments, and the proliferation of mobile devices. Key trends during this forecast period entail the incorporation of artificial intelligence in edtech and smart classrooms, an emphasis on technological progress, focus on virtual learning surroundings, and forming strategic alliances and collaborations.
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What trends are poised to drive the future success of the edtech and smart classrooms market?
Key stakeholders in the edtech and smart classrooms arena are focusing on merging with a wider educational technology ecosystem, such as a unified, scalable classroom management platform. This move aims to provide a smooth, expandable solution for augmented learning experiences. A comprehensive software solution like the scalable classroom management platform is created to manage different elements of classroom management, teaching, and learning activities in academic institutions. For example, a software company based in the US, Impero Software, unveiled Impero Classroom in April 2022. This is a cloud-based software platform for classroom management intended to equip teachers with the necessary resources to efficiently handle hybrid learning environments, ensuring students remain attentive and performing tasks. The platform was conceived to tackle the difficulties presented by the COVID-19 pandemic, which necessitated a jump to hybrid and remote learning, and the requirement for teachers to stay in control and keep students involved in both digital and physical spaces. Impero Classroom is designed to give teachers the power to view and manage student devices, making sure no child gets side-tracked or left behind.
Which primary segments of the edtech and smart classrooms market are driving growth and industry transformations?
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 geographical regions are pioneering growth in 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.
Who are the influential players reshaping the edtech and smart classrooms market landscape?
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
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What Is Covered In The EdTech And Smart Classrooms Global Market Report?
• Market Size Forecast: Examine the edtech and smart classrooms market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the edtech and smart classrooms market for a structured understanding.
• Key Players Overview: Analyze major players in the edtech and smart classrooms market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the edtech and smart classrooms market.
• Segment Contributions: Evaluate how different segments drive overall growth in the edtech and smart classrooms market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the edtech and smart classrooms market.
• Industry Challenges: Identify potential risks and obstacles affecting the edtech and smart classrooms market.
• Competitive Landscape: Review strategic developments in the edtech and smart classrooms market, including expansions, agreements, and new product launches.
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