Product ID: UCMIG45E2065
Edtech and Smart Classroom Market Size, Share, Growth Analysis, By Instructional Aid(Smart Classroom, Mobile Learning), By Smart Classroom Hardware(Interactive Projectors, Interactive Whiteboards), By Educational Tool(Admission Automation Tools, Administration Tools), By End-user(Higher Education, K-12), By Regions(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG45E2065 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Edtech and Smart Classroom Market Insights
Market Overview:
The edtech and smart classroom market had a value of USD 88.82 billion in 2021 and is expected to grow at a compound annual growth rate of 17.8% during the forecast period, reaching USD 319.65 billion by 2029, starting from USD 101.64 billion in 2022. Despite the unprecedented and staggering impact of the COVID-19 pandemic, the demand for edtech and smart classrooms across all regions has been moderate compared to pre-pandemic levels. Our analysis indicates that the global market grew by 10.0% in 2020 compared to 2019.
Edtech and Smart Classroom Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Application Software by segment aggregation, the contribution of the Application Software in Software & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Edtech and Smart Classroom Market Report Snapshots
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