Global Smart Education & Learning market size is worth around $208.42 Billion in 2022 and is set to hit $741.32 Billion by 2030, at a CAGR of 19.87%
FrequentlyAsked Questions
Smart education and learning is an electronic method of learning and education with the aid of learning software and application. Smart education and learning offer universal learning for students using new technologies and provide a paradigm change in student access to education. The method uses state-of-the-art technology to help teachers and learners train themselves. Smart education and learning can be achieved using innovative approaches such as digital learning environments, virtual schools, smartphones, and others.
The global smart education & learning market is predicted to increase at a CAGR of 22.6% during the forecast period.
The global smart education & learning market was worth around USD 201. 54 billion in 2022 and is expected to reach USD 985.33 billion by 2030.
The global smart education & learning market is being driven by several factors, including the increasing demand for personalized and adaptive learning, the growing adoption of e-learning, the increasing use of mobile devices for learning, advancements in technology such as artificial intelligence, and the need to address the skills gap in the workforce.
North America held a notable share in the global mobile hotspot market in 2022 and is likely to grow the fastest during the forecast period. This is because North America is a prominent region in the smart education and learning market, with the US and Canada leading the growth. The growth of the market in North America is driven by the increasing adoption of e-learning, advancements in technology, and the presence of a well-established education industry.
Some of the major companies operating in the smart education & learning market include 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., and Knewton Inc among others.
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