Smart Learning Market is estimated to reach USD 115 Billion by 2027 at a 20.6% CAGR during 2020-2027.

Smart Learning is a term that is used in education to emphasize digital age or intelligent education. This type of learning focuses on offering complete learning to the students by the use of modern technology to prepare them completely for today’s advanced world. Smart learning is changing the classrooms by implementing a different route from blind learning and also by developing a more dynamic learning environment, and such type of learning bases its foundations on intelligent technologies and smart devices. This learning not only relies on the available hardware and software but on how these are expressed in the classes or online training in aggregation.

To have an edge over the competition by knowing the market dynamics and current trends of “Smart Learning Market”, request for Sample Report here

The factors propelling the growth of the global smart learning market include the rising demand for digital education among the students, employers, and consumers, and the rising adoption of smart learning by the government of various countries. The several advantages associated with E-learning solutions that are it helps in saving time & money, is consistent, scalable, offers personalization and is convenient and flexible making the resources available from anywhere any time which is leading to increase in the adoption of e-learning solutions, thereby further driving the growth of smart learning in the market. In addition to this, the increase in the technological advancements in smart learning, rise in the implementation of technologies like machine learning, artificial intelligence, and several research & development activities are some major factors bolstering the growth of global smart learning in the market. Moreover, the advent of smart cities is leading to the rise in the adoption of smart solutions for education and using learning methods by the utilization of ICT technology, and the growth in the number of connected devices in the education sector are some other factors paving the way for smart learning in the market worldwide. The factors restraining the growth of the global smart learning market include the lack of awareness related to the advanced technologies and high cost associated with the production of content for E-learning.

According to the Smart Cities Mission statement and guidelines document given by the Ministry of Housing and Urban Affairs proposes the development of core infrastructure elements which includes smart solutions for education across several government schools present in smart cities. The aim behind this is to provide state of the art education to the students by implementing information and communication technology.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Based on the component, the software segment is expected to grow at a higher CAGR over the forecast period owing to the increasing implantation of software as this offers the institutions by a well-organized Enterprise Resource Planning systems which enable the faculty members to enhance the efficiency, data security & quality and also to manage the classrooms & schools efficiently.

Based on the learning type, the Asynchronous learning segment is anticipated to grow at a higher CAGR during the forecast period due to the rising utilization of such type of learning as it can be held both online and offline and offers the end users to have complete control over their learning. Such type of learning provides several advantages including easy to scale, convenience, reduced social obstacles along with improved flexibility and interactive irrespective of the location and time barriers, which leads to an increase in the adoption of such learning type in the market.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Customization here

Based on the region, North America is anticipated to lead the market during the forecast period owing to the rising adoption of advanced technologies and solutions for smart learning in the educational sector. In addition to this, the increasing adoption of mobile applications for learning among the students and teachers is another factor driving the market growth of this region.

Various notable players operating in the global smart learning market include Saba Software, Blackboard, Inc., Samsung, Oracle Corporation, IBM Corporation, SAP SE, SMART Technologies, Microsoft Corporation, Adobe, Inc., BenQ Corporation, D2L Corporation, Cornerstone OnDemand, Inc., Huawei Technologies Co., Ltd., Pearson, and McGraw-Hill among others.

Key Market Developments: 

• • In 2020, SMART Technologies combined their SMART Learning Suite Online Software with the G Suite for Education. This integration was done with the SMART Learning Suite app on G Suite Marketplace that is utilized for connecting the learning platforms.
  • In 2019, Microsoft Corporation entered into a partnership with the Central Board of Secondary Education (CBSE). In this partnership, the companies focused on implementing cloud-powered technology in K12 teaching. The companies also focus on permitting the institutions, students & educators in India to gain skills and education in the latest technologies such as cloud and AI.

The global smart learning market is segmented by component, learning type, end-user, and regions. Based on the component, the market is segmented into Hardware, Software, and Services. Based on the hardware, the market is further segmented into Interactive Projectors, Interactive Displays, and Others. Based on the software, the market is further segmented into Standalone Solution and Integrated Solution. Based on the standalone solution, the market is further segmented into the Student Information System, Learning Management System/Learning Content Management System, Collaboration, Test & Assessment, Econtent, and Others. Based on the services, the market is further segmented into Support & Maintenance, Consulting, and Implementation. Based on the learning type, the market is segmented into Asynchronous Learning and Synchronous Learning. Based on the end-user, the market is segmented into Enterprises and Academic. Based on the enterprises, the market is further segmented into Small & Medium-sized Enterprises and Large Enterprises. Based on the academic, the market is further segmented into K-12 and Higher Education.

For detailed scope of the “Smart Learning Market” report request a Sample Copy of the report

Key questions answered in this research report:

• • At what pace is the global smart learning market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the global smart learning market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global smart learning market?
  • Which component generated maximum revenues in 2019 and identify the most promising component during the forecast period?
  • What are the various end-user areas in smart learning market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues (2027)	USD 115 Billion
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Component, By Learning Type, By End User, and By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Saba Software, Blackboard, Inc., Samsung, Oracle Corporation, IBM Corporation, SAP SE, among others; a total of 15 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Smart Learning Market by Component

• • Hardware
    • Interactive Projectors
    • Interactive Displays
    • Others
  • Software
    • Standalone Solution
      • Student Information System
      • Learning Management System/Learning Content Management System
      • Collaboration
      • Test & Assessment
      • Econtent
      • Others
    • Integrated Solution
  • Services
    • Support & Maintenance
    • Consulting
    • Implementation

Global Smart Learning Market by Learning Type

• • Asynchronous Learning
  • Synchronous Learning

Global Smart Learning Market by End-User

• • Enterprises
    • Small & Medium-sized Enterprises
    • Large Enterprises
  • Academic
    • K-12
    • Higher Education

Global Smart Learning Market by Region

• • North America Smart Learning Market (Option 1: As a part of the free 25% customization)
    • North America Smart Learning Market by Component
    • North America Smart Learning Market by Learning Type
    • North America Smart Learning Market by End User
    • US Smart Learning Market All-Up
    • Canada Smart Learning Market All-Up
  • Europe Smart Learning Market (Option 2: As a part of the free 25% Customization)
    • Europe Smart Learning Market by Component
    • Europe Smart Learning Market by Learning Type
    • Europe Smart Learning Market by End User
    • UK Smart Learning Market All-Up
    • Germany Smart Learning Market All-Up
    • France Smart Learning Market All-Up
    • Spain Smart Learning Market All-Up
    • Rest of Europe Smart Learning Market All-Up
  • Asia-Pacific Smart Learning Market (Option 3: As a part of the free 25% Customization)
    • Asia-Pacific Smart Learning Market by Component
    • Asia-Pacific Smart Learning Market by Learning Type
    • Asia-Pacific Smart Learning Market by End User
    • China Smart Learning Market All-Up
    • India Smart Learning Market All-Up
    • Japan Smart Learning Market All-Up
    • Rest of APAC Smart Learning Market All-Up
  • RoW Smart Learning Market (Option 4: As a part of the free 25% Customization)
    • RoW Smart Learning Market by Component
    • RoW Smart Learning Market by Learning Type
    • RoW Smart Learning Market by End User
    • Brazil Smart Learning Market All-Up
    • South Africa Smart Learning Market All-Up
    • Saudi Arabia Smart Learning Market All-Up
    • UAE Smart Learning Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Smart Learning Market All-Up

Major Players Operating the Smart Learning (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Saba Software
  • Blackboard, Inc.
  • Samsung
  • Oracle Corporation
  • IBM Corporation
  • SAP SE
  • SMART Technologies
  • Microsoft Corporation
  • Adobe, Inc.
  • BenQ Corporation
  • D2L Corporation
  • Cornerstone OnDemand, Inc.
  • Huawei Technologies Co., Ltd.
  • Pearson
  • McGraw-Hill