DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Smart Education and Learning Market - Global Forecast to 2021" report to their offering.
The smart education and learning market size is estimated to grow from USD 193.24 billion in 2016 to USD 586.04 billion by 2021, at a CAGR of 24.84%.
Boost in the connectivity of handheld devices, increased collaboration between hardware vendors and educational content providers, increasing significance of eLearning in the corporate and academic setups, technological advancements, and widespread government initiatives in the growing market are some of the driving factors of the smart education and learning market. However, lack of knowledge and expertise among end users and lack of resources and infrastructure in developing markets are some of the restraining factors that may hamper business critical functions in smart education and learning market.
Based on the learning software market, the LMS market is expected to have the largest market share during the forecast period. This is because of the features and benefits associated with it such as course content management, reporting and assessment, feedback management, video and audio-based content management, and user management.
The corporate user segment is expected to grow at the highest rate as well as to have the largest market share during the forecast period because corporate organizations seeks for solutions that help them in providing training to their employees in efficient and effective manner.
With the widespread initiatives taken up by the government in the region and huge technological advancements and adoption, APAC is expected to grow at the fastest CAGR in the smart education and learning market during the forecast period. North America is expected to hold the largest market share during the forecast period due to the increase in adoption of tablets and smartphones by users for academic and business purposes.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Smart Education and Learning Market Analysis, By Product
8 Smart Education and Learning Market Analysis, By Learning Mode
9 Smart Education and Learning Market Analysis, By User Type
10 Smart Education and Learning Market, By Region
11 Competitive Landscape
12 Company Profiles
13 Key Innovators
- Adobe Systems Incorporated
- Blackboard, Inc.
- Cisco Systems, Inc.
- Desire2learn Corporation Ltd.
- Educomp Solutions Ltd.
- Ellucian Company L.P.
- Mcgraw-Hill Education
- NIIT Limited
- Pearson PLC
- Promethean, Inc.
- SABA Software, Inc.
- Samsung Electronics Co., Ltd.
- Smart Technologies, Inc.
- Sum Total Systems, LLC.
- Tata Interactive Systems
For more information about this report visit http://www.researchandmarkets.com/research/5h7km9/smart_education