Dublin (IR), July 2015 - Research and Markets has announced the addition of the "Smart Education and Learning Market by Hardware, Software, Educational Content, Learning Modes, User Type, & Region - Global Forecast to 2020" report to their offering. This report expects the total smart-education-and-learning to grow from $105.23 billion in 2015 to $446.85 billion by 2020 at a compound annual growth rate (CAGR) of 24.4% during the forecast period.
The increasing growth of mobile education applications and improved collaboration between hardware vendors and educational-content providers are driving the growth of the smart-education-and-learning market. The major players involved in this ecosystem include Pearson, Smart Technologies, Ellucian, Jenzabar, Adobe, Samsung, HP, Dell, and Promethean. However, it is anticipated that the major vendors would face tough competition from the local vendors from diverse regions, especially in the field of educational technology. The educational institutions, colleges, universities, and corporate business organizations are strategically deploying smart-education applications to promote flexible and continuous blended learning.
The report analyzes the significance of implementing digital learning technologies that would help educators develop a virtual setup in which learners can collaborate and share the desired information. The global smart-education-and-learning market has been segmented on the basis of products, learning modes, user types, and regions.
The smart-education-and-learning market expedites effective and flexible integration of a variety of learning technologies and teaching methodologies. The incorporation of smart education enhances eLearning in a way that combines learning and improving performance by creating, managing, and utilizing the technological processes and resources in an appropriate manner.
In the recent times, there has been a significant change in the pattern of teaching and learning processes. A very flexible and blended learning process is replacing the traditional classroom approach that was confined to a certain number of hours and a location. Moreover, the growing adoption of mobile devices in the education and corporate sectors has extended education beyond classrooms, and is therefore revolutionizing the way learners communicate with each other for better learning and problem solving.
The technology landscape has been transformed with the implementation of tablets, learning-management systems (LMSs), digital textbooks, and eLearning that has brought about new opportunities for educators and learners. The use of interactive hardware devices for a better learning process has empowered students and learners to expect more interaction through software solutions and digital content.
Furthermore, the propagation of the Internet and the extensive usage of mobile devices empower innovation and helps students, teachers, and trainers gain access to digital content and modified assessment that is vital for the modern learning industry. The rapid adoption of interactive learning technologies such as IWB, LMS, and ERP by teachers and trainers is improving the overall learning process for students and learners. The latest tools that are gaining traction are IWBs, simulation-based hardware, digital pens, and interactive tables that help develop the learning potential among students and teachers.
