What is the growth rate of the smart education and learning market?

The smart education and learning market value is estimated to grow at a CAGR of 18.80% between 2024 and 2032.

What is the smart education and learning market forecast for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 1,216.25 billion by 2032.

What are the major market drivers?

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.

What are the key trends 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.

What are the major components of smart education and learning in the market?

Hardware, software, and service are the major components of smart education and learning in the market.

What are the different learning modes 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.

What are the primary end users of smart education and learning?

Corporate and academic are the primary end users of smart education and learning.

Who are the key market players, according to the smart education and learning market report?

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.

Smart Education and Learning Market Size & Forecast 2032

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