Technavio analysts forecast the global smart education market to post a CAGR of over 15% by 2020, according to their latest report.

The research study covers the present scenario and growth prospects of the global smart education market for 2015-2019. The market is further classified into two end-user segments, including K-12 schools and higher education institutes, of which the higher education institutes segment contributed over 57% of the overall market share in 2015.

Technavio’s report highlights four major factors that are influencing the growth of the global smart education market:

  • Unified education ecosystem
  • Ability to enhance learning process
  • Advances in technology
  • Penetration of cloud-based learning analytics

Unified education ecosystem

Education digitization has changed the entire learning process. Installation of digital infrastructure offers many learning advantages over the traditional classroom atmosphere such as gamification of education, inclusion of smart content in rich media, and use of Internet to connect and collaborate. These new models are a combination of products and services from smart hardware, smart content, and smart software segments. For instance, the use of smart content will be higher for K-12 smart classrooms since they focus more on content absorption, while advanced technologies, like LCS, will be required in post-secondary and higher education segments. Vendors are also beginning to offer unified solutions to cater to the requirements of education institutions.

Technavio’s lead analyst from education technology sector, Jhansi Mary J, says, “Samsung offered a smart learning initiative in India, which is designed to provide advanced solutions catering to all digital education requirements by partnering with leading content providers and publishers, quality devices, and support.”

Ability to enhance learning process

The use of smart media helps in enhancing the quality of illustration and in simplifying complex ideas, through interactive visualizations. Various simulation and modeling tools also help in explaining concepts in three-dimensional and temporal scales. Smart media has also encouraged the learning process of subjects like physics, environmental sciences, mathematics, and chemistry.

Smart technology also provides platforms that link learners of an online community, enabling them to explore and gain access to a much wider pool of knowledge to understand new ideas with each other's support.

Advances in technology

The report also highlights innovations in technology, which have improved product features such as functionalities, display, and compatibility influencing the overall efficiency. Vendors are upgrading the existing versions of their products to maintain their market shares, and numerous international players in the market are introducing new products with additional functionalities. “For instance, the growing popularity of Apple’s iPad has driven Windows to launch the surface tablet series, with many features such as a magnetic keyboard, integrated kickstand, ports for connecting accessories, and surface pens,” says Jhansi.

Penetration of cloud-based learning analytics

Implementation of cloud-based learning analytics is on the rise as it maintains complex data and analysis at a reduced cost. Also, cloud-based learning analytics improves data management and mobility, regardless of complexities in business operations. Therefore, a significant number of educational institutions, especially in developed regions, are shifting their learning analytics to the cloud. These extensive operational, strategic, and economic benefits of cloud-based learning analytics are attracting many educational institutions to adopt these solutions.

Browse Related Reports:

  • Global Smart Classroom Market 2015-2019
  • Smart Classroom Market in India 2015-2019
  • Global Digital Classroom Market 2015-2019

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

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