Global Smart Education & Learning Market Is Expected to Reach USD 985.33 Billion By 2030

The global smart education & learning market size was valued at USD 201. 54 Billion in 2022 and is expected to reach USD 985.33 Billion by 2030, growing at a compound annual growth rate (CAGR) of 22.6% during the forecast period.

Smart education and learning refers to the use of technology to enhance the teaching and learning process. It includes a wide range of solutions, such as e-learning platforms, online courses, learning management systems, educational apps, and digital content. Smart education and learning are transforming traditional education by providing learners with personalized and adaptive learning experiences, enabling them to learn at their own pace and style. It also enhances collaboration and engagement among learners & teachers and allows for more efficient & effective assessments.

Smart education and learning are particularly beneficial in remote and underserved areas, where access to traditional education may be limited. It is also gaining traction in the corporate world, where organizations use it to train and upskill their employees.

The smart education and learning market is predicted to surge exponentially due to the increasing demand for personalized & adaptive learning, the growing adoption of e-learning, advancements in technology such as artificial intelligence and virtual reality, and the need to address the skills gap in the workforce. In addition, the increasing use of mobile devices for learning, the integration of gamification to enhance the learning experience, and the rise of online certifications & microlearning create ample opportunities for the growth of the market during the forecast period.

However, the smart education and learning industry is also constrained by challenges such as the high cost of implementing technology, issues with data privacy & security, and the digital divide between developed & developing countries. Additionally, the market faces competition from traditional education methods and concerns about the effectiveness of technology-based learning.

The global smart education and learning market is segmented based on stage, component, end-user, learning mode, and region.

Based on stage, the market is segmented into Pre-Primary & Primary Stage, Middle Stage, Secondary & Higher-Secondary, Undergraduate & Postgraduate, and others. The secondary & higher secondary segment held the dominating market share in 2022 and is further predicted to grow rapidly at a rapid CAGR during the forecast period.

Based on component, the smart education and learning industry is segmented into service, software, and hardware. The service segment held the dominating market share in 2022 and is further projected to grow at a significant CAGR during the forecast period. This growth is driven by the increasing adoption of smart education and learning solutions, which require specialized expertise and support for successful implementation and maintenance. Service providers offer a range of services, such as needs assessment, solution design, customization, deployment, training, and ongoing technical support. These services help educational institutions and organizations optimize the use of smart education and learning solutions, and ensure their smooth operation and maintenance. The service segment is also benefiting from the growing demand for cloud-based solutions, which require specialized expertise in cloud deployment and management.

Based on end-user, the smart education and learning industry is segmented into corporate and academic. The academic segment held the largest market share in 2022 and is further anticipated to grow rapidly at a remarkable CAGR during the forecast period. The academic segment of the smart education and learning market, which includes K-12 schools, colleges, and universities, is experiencing significant growth due to the increasing demand for personalized and adaptive learning solutions.

The adoption of smart education and learning solutions in the academic sector is driven by the need to enhance the quality of education, improve student engagement & performance, and address the skills gap in the workforce. Smart education and learning solutions offer a range of benefits to academic institutions, including the ability to deliver interactive and multimedia-rich content, enable remote learning & collaboration, and provide real-time feedback & assessments. The academic segment is also benefiting from advancements in technology, such as artificial intelligence and virtual reality, which are enhancing the effectiveness and efficiency of smart education and learning solutions.

Based on learning mode, the market is bifurcated into Adaptive Learning, Blended Learning, Collaborative Learning, Social Learning, Simulation-Based, and Virtual Instructor LED Training. The blended learning segment held the dominating market share in 2022 and is expected to grow at an exponential CAGR during the forecast period.

The blended learning segment of the smart education and learning market, which combines online and offline learning modalities, is experiencing rapid growth due to the increasing demand for flexible and customized learning solutions. Blended learning solutions offer a range of benefits, including the ability to combine the best of both online and offline learning, provide personalized and adaptive learning experiences, and enhance collaboration and engagement among learners and teachers.

The adoption of blended learning solutions is also driven by the need to address the challenges of traditional classroom-based learning, such as limited access to resources and limited interaction among learners. The blended learning segment is also benefiting from advancements in technology, such as cloud computing and mobile devices, which are enabling the seamless integration of online and offline learning modalities. As the smart education and learning market continues to grow, the blended learning segment is expected to play a critical role in driving its success.

Based on region, the North American region held the largest smart education and learning market share in 2022 and is further anticipated to grow steadily during the forecast period. The smart education and learning market in North America is experiencing significant growth due to the increasing adoption of digital technologies in the education sector. The region is home to several leading players in the smart education and learning industry and has a highly developed technology infrastructure and favorable government policies that support the adoption of smart education and learning solutions.

The market growth in North America is also driven by the increasing demand for personalized and adaptive learning solutions, as well as the growing need to address the skills gap in the workforce. The market is expected to continue its growth trajectory in the coming years, with the increasing adoption of cloud-based solutions, artificial intelligence, and virtual reality. The K-12 education segment and higher education institutions are the primary end-users of smart education and learning solutions in North America, followed by corporate training and government organizations.

This review is based on a report by Zion Market Research, titled “Smart Education & Learning Market By Stage (Pre-Primary & Primary Stage, Middle Stage, Secondary & Higher-Secondary, Undergraduate & Postgraduate, Others), By Component (Hardware, Software, Service), By Learning Mode (Adaptive Learning, Blended Learning, Collaborative Learning, Social Learning, Simulation-Based, Virtual Instructor LED Training), By End-User (Corporate, Academic), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2023 – 2030.”- Report at https://www.zionmarketresearch.com/report/smart-education-learning-market

Recent Developments

• In November 2021, Edmentum, a provider of online learning solutions, launched Edmentum International, a new division dedicated to serving K-12 schools outside of the United States. This expansion will allow Edmentum to reach new markets and provide its solutions to schools around the world.
• In October 2021, Blackboard, a leading provider of learning management systems, announced that it had acquired Xpansive, a provider of online proctoring solutions. This acquisition will allow Blackboard to expand its capabilities in the important area of online assessment and ensure the integrity of exams taken remotely.

The global smart education & learning market is dominated by players such as:

• IBM
• Microsoft Corporation
• Adobe Inc.
• Blackboard Inc.
• Pearson plc
• McGraw-Hill Education
• Oracle Corporation
• Cisco Systems Inc.
• NIIT Limited
• Saba Software Inc.
• D2L Corporation
• Cornerstone OnDemand Inc.
• Citrix Systems Inc.
• SMART Technologies
• IBM Watson Education
• Promethean World Ltd
• Aptara Inc.
• SumTotal Systems LLC
• Edmodo
• Udacity
• Coursera
• Pluralsight LLC
• Lynda.com Inc.
• Skillshare Inc.
• Knewton Inc.
• Among Others.

The report segment of global smart education & learning market is as follows:

By Stage

• Pre-Primary & Primary Stage
• Middle Stage
• Secondary & Higher-Secondary
• Undergraduate & Postgraduate

By Component

• Hardware
• Software
• Service

By Learning Mode

• Adaptive Learning
• Blended Learning
• Collaborative Learning
• Social Learning
• Simulation-Based
• Virtual Instructor LED Training

By End-User

• Corporate
• Academic

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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