According to the most recent analysis by Emergent Research, the size of the worldwide smart learning market reached USD 36.19 billion in 2021 and is projected to grow at a revenue CAGR of 21.0% over the forecast period. The rising need for Learning Management System (LMS) software, increased higher education enrollment, rising demand for online learning due to the pandemic, and the requirement for an interactive & engaging learning environment are all factors driving the growth of the smart learning market. The phrase “smart learning” refers to education in the digital age generally. It exemplifies how cutting-edge technology enables students to assimilate skills and knowledge more efficiently, quickly, and comfortably.
The term “smart learning” refers to education that meets the needs of the contemporary world. It shows how advanced technologies make it possible for students to gain knowledge and skills in a way that is more effective, efficient, and simple. The current push for smart learning on a worldwide scale indicates a fundamental paradigm shift in the educational environment.
With the aid of modern technology, smart learning aims to give pupils a thorough education that will adequately prepare them for a world that is fast changing and where being adaptable is crucial. A learning strategy called smart education has been developed to meet the needs of the current generations of digital natives. Additionally, smart education is an interactive, collaborative, and visual paradigm that strives to increase student involvement and give teachers the flexibility to cater to their abilities, interests, and preferred methods of learning, as opposed to traditional classroom teaching methods.
- In 2021, the interactive display market contributed a modest portion of total sales. A wall-mounted gadget called an interactive panel enables users to create dynamic visual presentations and edit on-screen data using touchpad inputs on a computer. Due to their availability in a range of sizes, interactive LED panels are appropriate for collaborative spaces ranging in size from tiny preschools to gigantic corporate conference halls. With today’s interactive displays, educators and presenters may impart material more effectively, and the audience’s involvement is increased by their multitouch capabilities. Modern interactive flat-panel displays also lessen the need to take into account external conditions like lighting during a presentation.
- In 2021, the segment of learning content management systems accounted for a sizeable portion of revenue. Learning content management systems create, manage, keep track of, distribute, examine, and archive courses and material. This can involve delivering presentations, texts, videos, and photos. It can be altered to give each employee the training they require for their particular position. Greater interaction is provided by a learning content management system (LCMS), such as Virtual Reality (VR) and geocaching.
- Blackboard Inc., Pearson, Ellucian Company L.P., Smart Technologies ULC, Promethean Limited, Samsung, Microsoft, Oracle, SAP, Cisco Systems Inc., D2L Corporation, and McGraw Hill are a few notable businesses featured in the global market study.
Emergen Research has segmented the global smart learning market based on product type, end-user, and region:
- Product Type Outlook (Revenue, USD Billion; 2019-2030)
- Hardware
- Interactive Display
- Interactive Whiteboards
- Smartboards
- Software
- Integrated solution
- Standalone solution
- Learning Content Management System
- Student Information System
- Classroom Management Software
- Language Learning Software
- Others
- Hardware
- End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Academic
- Corporate
- Government
- Enterprise
- Regional Outlook (Revenue, USD Billion; 2019-2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Rest of Europe
- the Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
- North America
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