Global Electronic Paper Screen Market in the Education Sector Set to Grow at a CAGR of Close to 17% from 2015-2019, According to Technavio

LONDON--()--The global electronic paper screen market in the education sector is projected to reach USD 1.5 billion in 2019, growing at a CAGR of close to 17%, according to Technavio’s latest report.

In this report, Technavio covers the market outlook and growth prospects of the global electronic paper screen market in the education sector for 2015-2019. Based on application, the market is segmented into rigid electronic paper screen and flexible electronic paper screen.

Technavio’s research study segments the global electronic paper screen market in the education sector into the following regions:

  • North America
  • Europe
  • APAC
  • ROW

APAC: largest market for electronic paper screen in the education sector

The electronic paper screen market in the education sector in North America was valued at USD 323.36 million in 2014 and is expected to reach USD 748.50 million by 2019. Increased adoption of e-learning in the academic sector significantly influences the growth of the electronic paper screen market in North America. The digitization of education, especially in the US, is generating revenue opportunities for vendors in this region. Students and teachers are increasingly using devices such as e-books for reading purposes.

According to Jhansi Mary, a lead analyst at Technavio for education technology, “The classrooms are incorporating online content in the course curriculum to provide learning from all the resources possible. In this context electronic paper screens are expected to further penetrate the market. These products are Wi-Fi enabled and can be connected with the cloud, so users have the freedom to search and learn on their own.”

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Electronic paper screen market in the education sector in Europe

In 2014, Europe was the second largest revenue contributor to the global electronic paper screen market in the education sector, accounting for a share of 25.42%. In Europe, the higher education sector is experiencing significant growth with changing government regulations and ever-increasing numbers of educational institutions. Also, blended learning is used extensively in universities, which is fueling the market growth in Europe. In Central Europe, demand is growing as international vendors are expanding their presence.

“The enrolment of international students has been high in Europe because of its reputable education systems. Keeping up with this legacy, the region is improving the education sector in all its aspects with technology considered to be an important element,” says Jhansi.

Electronic paper screen market in the education sector in APAC

APAC accounted for a market share of 17.67% in 2014 and is expected to experience rapid growth during the forecast period. The Asian market is considered to be a potentially lucrative market because of the rising number of foreign universities forming alliances to deliver online courses. Early adopters of technology in educational institutions are investing to modernize infrastructure, while followers have started to build digital infrastructure. Growth in the Asian market is largely fueled by India and China because of their high populations and the current low penetration of technology in education.

Electronic paper screen market in the education sector in ROW

A large part of the revenue in MEA comes from the GCC countries in the Middle East, where local governments are involved in mass digitization. In addition, ICT penetration in schools and universities is likely to increase as, in 2014, most GCC countries have allocated a high percentage of their GDP for education.

Latin America is also an emerging market and has huge growth potential for education hardware products in the region. International vendors are expanding their presence in the region and are fulfilling market requirements.

Some of the top vendors in the global electronic paper screen market in the education sector highlighted in the report are:

  • E Ink Holdings
  • Embedded Artist
  • Seiko Epson
  • Sony

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

Release Summary

The global electronic paper screen market in the education sector is projected to reach USD 1.5 billion in 2019, growing at a CAGR of close to 17%, according to Technavio’s latest report.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com