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Global Smart Education and Learning Market Share, Size, Analysis, Forecast: By Component: Hardware, Software, Service; By Learning Mode: Social Learning, Blended Learning, Virtual Instructor Led Training, Collaborative Learning, Simulation-Based Learning, Adaptive Learning; By End-User; Regional Analysis; Competitive Landscape; 2023-2028
Global Smart Education and Learning Market Outlook
The global smart education and learning market size is expected to grow at a CAGR of 18.80% between 2023 and 2028, reaching a value of USD 610.6 billion by 2028. The market is being driven by increasing importance of education and changing preference towards online mode of learning.
Key Trends in the Market
Smart education and learning is defined as a type of education system which uses digital technologies to provide knowledge to the students. In other words, it is a method of teaching which utilises electronic resources. Smart education and learning do not require a classroom for lectures, instead, it is a portable and convenient method which provides flexibility to the students.
- The global smart education and learning market growth is being propelled by the changing preferences towards online mode of learning due to the convenience and flexibility they offer. The market is further supported by the rapid adoption of internet enabled devices such as smartphones and laptops.
- Growing competition between smart education and learning platform providers to offer innovative and efficient modes of knowledge are crucial smart education and learning market trends.
- Explosive emergence of software as a service (SaaS) is likely to expand the reach of students and corporate workers offering them personalised and easily accessible platforms.
Global Smart Education and Learning Market Analysis
Based on component, the market is segmented into hardware, software, and service. On the basis of learning mode, the market is classified into social learning, blended learning, virtual instructor led training, collaborative learning, simulation-based learning, and adaptive learning, among others. By end-user, the market is bifurcated into corporate and academic. The regional smart education and learning market segmentation is North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global smart education and learning market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Adobe Inc.
- Blackboard Inc.
- Cisco Systems, Inc.
- Ellucian Company L.P.
- McGraw Hill
- MPS Interactive Systems Limited
- Others
Global Smart Education and Learning Market Share by Component
The software segment, based on component, holds a significant share in the market for smart education and learning because of the higher efficiency and greater knowledge experience offered by the smart learning software. Cloud-based e-learning software can be accessed anywhere and at any point of time, is environmentally sound, and encourages collaboration. Additionally, this software is adaptable which is further encouraging its adoption across the educational institutes and online learning platforms. Over the forecast period, rapid advancements in cloud-based smart learning software, aimed towards enhancing features and customisation capabilities, are expected to bolster the smart education and learning market demand.
Global Smart Education and Learning Market Share by End-User
The academic segment, based on end-user, accounts for a healthy share of the market for smart education and learning, supported by the growing acceptance of digital modes of education across schools and universities. The heightened adoption of smartphones, tablets, and other IoT-enabled electronic devices, is augmenting the accessibility of smart education and learning. In addition, favourable policies of governments across emerging economies such as India, aimed towards providing laptops to school and college students in disadvantaged areas, are further propelling the growth of the smart education and learning global market. Meanwhile, the corporate segment is expected to witness a steady growth in the forecast period due to the increasing importance of upskilling for working professionals, leading to the growing popularity of web-based and mobile-based smart education platforms.
Competitive Landscape
Adobe Inc., founded in 1982 and headquartered in California, United States, is a leading software company. The multimedia and creativity software portfolio of this company include well-known products such as Photoshop, Acrobat, and Creative Cloud.
Blackboard Inc. is a renowned educational technology company which offers services related to higher education and caters to the educational demands of business and government clients. The company was established in 1997 and is headquartered in Washington, United States.
Cisco Systems, Inc. is a prominent networking company which provides innovative digital communications technology products. The establishment of this company took place in 1984 and is currently headquartered in California in the United States.
Other market players include Ellucian Company L.P., McGraw Hill, and MPS Interactive Systems Limited, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Component |
|
| Breakup by Learning Mode |
|
| Breakup by End-User |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Smart Education and Learning Market Analysis
8.1 Key Industry Highlights
8.2 Global Smart Education and Learning Historical Market (2018-2022)
8.3 Global Smart Education and Learning Market Forecast (2023-2028)
8.4 Global Smart Education and Learning Market by Component
8.4.1 Hardware
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Software
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Service
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Smart Education and Learning Market by Learning Mode
8.5.1 Social Learning
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Blended Learning
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Virtual Instructor Led Training
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Collaborative Learning
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Simulation-Based Learning
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Adaptive Learning
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2022)
8.5.6.3 Forecast Trend (2023-2028)
8.6 Global Smart Education and Learning Market by End-User
8.6.1 Corporate
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Academic
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Smart Education and Learning Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Smart Education and Learning Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Smart Education and Learning Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Smart Education and Learning Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Smart Education and Learning Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Smart Education and Learning Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Adobe Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Blackboard Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Cisco Systems, Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Ellucian Company L.P.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 McGraw Hill
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 MPS Interactive Systems Limited
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Smart Education and Learning Market: Key Industry Highlights, 2018 and 2028
2. Global Smart Education and Learning Historical Market: Breakup by Component (USD Million), 2018-2022
3. Global Smart Education and Learning Market Forecast: Breakup by Component (USD Million), 2023-2028
4. Global Smart Education and Learning Historical Market: Breakup by Learning Mode (USD Million), 2018-2022
5. Global Smart Education and Learning Market Forecast: Breakup by Learning Mode (USD Million), 2023-2028
6. Global Smart Education and Learning Historical Market: Breakup by End-user (USD Million), 2018-2022
7. Global Smart Education and Learning Market Forecast: Breakup by End-user (USD Million), 2023-2028
8. Global Smart Education and Learning Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Smart Education and Learning Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Smart Education and Learning Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Smart Education and Learning Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Smart Education and Learning Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Smart Education and Learning Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Smart Education and Learning Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Smart Education and Learning Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Smart Education and Learning Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Smart Education and Learning Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Smart Education and Learning Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Smart Education and Learning Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Smart Education and Learning Market Structure
Key Questions Answered in the Report
The smart education and learning market value is estimated to grow at a CAGR of 18.80% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach a value of USD 610.6 billion by 2028.
The increasing importance of education worldwide, growing demand for education and skill upgrades in the corporate sector, and changing preference towards online mode of learning due to the conveniences it offers are the major drivers of the market.
The key trends in the market include the rapid adoption of internet enabled devices such as smartphones and laptops, explosive emergence of software as a service (SaaS), increasing adoption of cloud-based e-learning software across educational institutes, growing acceptance of digital modes of education across schools and universities, and favourable policies of various governments encouraging digitalisation.
Hardware, software, and service are the major components of smart education and learning in the market.
Social learning, blended learning, virtual instructor led training, collaborative learning, simulation-based learning, and adaptive learning, among others, are the different learning modes of smart education and learning in the market.
Corporate and academic are the primary end users of smart education and learning.
Adobe Inc., Blackboard Inc., Cisco Systems, Inc., Ellucian Company L.P., McGraw Hill, and MPS Interactive Systems Limited, among others, are the key players in the smart education and learning market, according to the report.
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