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Smart Education and Learning Market to Reach $220.0 Billion by 2017 - New Report by MarketsandMarkets


On the basis of products:

  • Hardware
  • Software
  • Services, and
  • Content

On the basis of applications:

  • PreK-12
  • Higher education
  • Enterprise/business education
  • Governments
  • Healthcare, and
  • Others

On the basis of geography:

  • North America
  • EMEA
  • Asia-Pacific, and
  • ROW region

The smart education market is expected to increase from $73.8 billion in 2011 to $220.0 billion by 2017, showing a CAGR of 20.3%, from 2012-2017. Services segment accounted for maximum revenue in the products’ market with $24.6 billion in 2011, and is estimated to reach $97.9 billion by 2017 with a CAGR of 26.6%, from 2012 to 2017. Content segment is estimated to be $72.9 billion in 2017, at a CAGR of 12.1%, from 2012 to 2017. Software is estimated to reach $37.2 billion and hardware with the least market share is estimated to reach $12.1 billion in 2017.

The major global buyer segment includes higher education course providers, PreK-12, enterprise or business education providers, health care and government.

Companies such as Ellucian, Inc. (U.S.), Smart Technologies (U.S.), Blackboard Inc. (U.S.), and Kaplan Inc. (U.S.)., Educomp Solutions Ltd. (India), NIIT Limited (India), Promethean World Plc (United Kingdom), Pearson PLC (United Kingdom), and Informa Plc (Switzerland) are key market players. Companies like Abode, Trivantis and TechSmith provide course authoring and tools for converting content into digital format, as well as screen capturing software essential in preparation of video contents.

The report provides in-depth analysis of various modes of learning such as collaboration based learning, social learning, simulation based learning, mobile learn

Source: PRWeb
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