Global $72.63 Bn Smart Learning Markets 2021-2027 by Component, Learning Type, End-user, Impact of COVID-19, Competitive Landscape - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Smart Learning Market (2021-2027) by Component, Learning Type, End-user, and Geography, Impact of COVID-19, Ansoff Analysis, Competitive Quadrant" report has been added to ResearchAndMarkets.com's offering.

The Global Smart Learning Market is estimated to be USD 27.6 Bn in 2021 and is expected to reach USD 72.63 Bn by 2027, growing at a CAGR of 17.5%.

Smart education and learning is an electronic way to learn with the help of learning applications and software. These advanced methods are enabling learners to digest knowledge more effectively and efficiently. The ongoing global movement towards smart learning marks an important paradigm shift in modern learning, but still, many people find the concept unclear.

Smart Learning provides flexible learning solutions that replace traditional classroom teaching methods. Several educational institutes and universities are shifting their preference for smart learning concepts by adopting high-tech teaching methods. Smart Learning uses advanced methods like the virtual learning environment, virtual classrooms, smartphones, etc. It is a very effective tool for sharing knowledge.

With disruption everywhere due to COVID-19 pandemic, smart learning played a vital role. In the lockdown situation, students across the globe received their education with the help of online software and applications. Though the strong infrastructure for online learning is yet to build across the globe, smart education has made schools and universities technologically advanced. Software and applications engage students with their mentors via live streaming and online tutorials.

The factors driving the growth of the Smart Learning market include the improvement in the connectivity of communication devices in the education sector, growing use of AI and ML, increase in demand for collaboration-based learning, the proliferation of connected devices, and adoption of e-learning solutions. In addition, the emergence of Bring-Your-Own-Device (BYOD) trend and the rise in the number of virtual schools are expected to present major opportunities for market expansion.

The increasing number of cyberattacks on educational institutes and enterprises to raise data security and privacy concerns, lack of awareness and high implementation cost are some of the restraining factors for the Smart Learning Market.

Company Profiles

Some of the companies covered in this report are Blackboard, IBM, Samsung, SMART Technologies, Adobe, Saba Software, Oracle, SAP, Microsoft, Cornerstone OnDemand, BenQ, Huawei, D2L, Newrow, Pearson, McGraw-Hill, CrossKnowledge, Alphabet, Ellucian, Cisco, and Upside LMS.

Market Dynamics

Drivers

• The proliferation of Connected Devices in the Education Sector
• Adoption of eLearning Solutions
• The Growing Use of AI and ML in Smart Learning

Restraints

• Increasing Cyberattacks on Educational Institutes and Enterprises to Raise Data Security and Privacy Concerns

Opportunities

• Potential Growth Opportunities for System Integrators
• Increasing Spending on the Education Sector

Key Topics Covered:

1. Report Description

2. Research Methodology

3. Executive Summary

4. Market Overview

5. Market Analysis

6. Global Smart Learning Market, By Component

7. Global Smart Learning Market, By Learning Type

8. Global Smart Learning Market, By End User

9. Global Smart Learning Market, By Geography

10. Competitive Landscape

11. Company Profiles

• Adobe
• Alphabet
• BenQ
• Blackboard
• Cisco
• Cornerstone OnDemand
• CrossKnowledge
• D2L
• Ellucian
• Huawei
• IBM
• McGraw-Hill
• Microsoft
• Newrow
• Oracle
• Pearson
• Saba Software
• Samsung
• SAP
• SMART Technologies
• Upsid

For more information about this report visit https://www.researchandmarkets.com/r/bu9qgh