MarketResearchReports.biz has recently announced the inclusion of a new market research report to its database of research studies. The research report, titled “Global Smart Education Market 2016-2020,” offers a clear picture of the global smart education market emphasizing on the scope of the market and including product segmentation, market drivers and restraints, current market trends, opportunities and challenges, geographical segmentation, and vendor analysis of the market.
According to the research report, the global market for smart education is anticipated to exhibit a progressive 15.45% CAGR between 2016 and 2020. The study has made use of infographics, tables, and charts to present the historical data and forecast figures of the global smart education market. The valued inputs and recommendations by industry experts included in the report help the existing as well as new players in designing their business policies efficiently.
The major factors driving the global smart education market are technological advancements, unified education ecosystems, introduction of cloud-based learning analytics, and the ability to improve learning analytics. In addition, the growing popularity of gamification in e-learning, increasing adoption of new and innovative teaching methods, growth in m-education, and implementation of IT security solutions are some of the major market trends that are projected to drive the global smart education system market throughout the forecast period. On the flip side, issues related to security and privacy, absence of digital fluency, and high costs of implementation are the major factors hampering the growth of the market.
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The education index of a particular country plays an important role in determining its economic competitiveness. As a result, the majority of governments over the world are introducing strategies to integrate digital technology in the educational sector. Education institutions around the globe are offering hi-tech educational products to introduce interactive learning procedures. In addition, increasing adoption of mobile devices such as smartphones and tablets present new methods of exchanging information. Thus, educators are considering such solutions to adopt these tools and improve the quality of education.
In recent years, the smart education market is gaining traction among several K-12 and post-secondary institutions, leading to higher education standards. This market comprises a collection of multimedia technologies such as interactive presentations, digital text, audiovisual tools, and graphical tools to develop student-teacher interaction and aid the dissemination of knowledge.
On the basis of type, the global market for smart education has been divided into hardware, software, and content.
The research report further presents the vendor analysis of the global smart education market focusing on the company overview, product portfolio, financial overview, business strategies, mergers and acquisitions, and recent developments of the key vendors. The prominent vendors operating in the global smart education market include Microsoft, Adobe, Apple, and Desire2Learn. Some of the other vendors mentioned in the research report are IBM, Dell, Lenovo Group, Tata Interactive Systems, Pearson, Echo360, Jenzabar, Blackboard, Fujitsu, Promethean World, Articulate, Discovery Communication, and Saba Software.
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