For analyzing the economic competitiveness, the education index of that country plays a very important role. As a result, the governments across the globe are spending generously on improving the learning process. The introduction of smart education is expected to play a crucial role in the development of education industry.
Smart Education Market has been gaining tremendous popularity in the recent years and thus is helping in strengthening the economic stability of the country. The ability to improve the learning process, technological advancements, adoption of cloud-based learning procedures, and unified educational environment are some of the major factors that are expected to boost the demand for smart education across the globe in the next few years. In addition, the increasing use of new teaching techniques, developing culture of m-education, adoption of IT security solutions for smart education, and gamification in e-learning are the current market trends, which have the potential to augment the growth of the global smart education market in the coming years.
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On the other hand, the tremendous costs of implementation, threat of disruptive innovations, absence of digital fluency, and ethical, privacy, and security issues are expected to curb the growth of the global smart education market over the next few years.
The major players operating in the global smart education market comprises Saba Software, Pearson, IBM, Discovery Communication, Desire2Learn, Articulate, Microsoft, Tata Interactive Systems, Promethean World, Lenovo Group, Blackboard, Fujitsu, Apple, Echo360, Adobe, Dell, and Jenzabar.
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