$282.8 Billion Worldwide Digital Classroom Industry to 2026 - Identify Growth Segments for Investment - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Digital Classroom Global Market Report 2022, By Product, By Application" report has been added to ResearchAndMarkets.com's offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global digital classroom market.

This report focuses on digital classroom market which is experiencing strong growth. The report gives a guide to the digital classroom market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

The global digital classroom market is expected to decline from $125.17 billion in 2021 to $147.84 billion in 2022 at a compound annual growth rate (CAGR) of 18.12%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic. The market is expected to reach $282.8 billion in 2026 at a CAGR of 17.6%.

Companies Mentioned

• Jenzabar
• Discovery Education
• Ellucian.com
• Dell Inc.
• Blackboard Inc.
• Pearson education inc.
• DreamBox Learning
• Oracle Corporation
• Educomp Solutions
• Smart Technologies Inc.
• Panasonic Corporation
• Microsoft Corporation
• Echo360 Inc.
• McGraw Hill Education
• SABA Education
• SABA Education
• Hitachi

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies
• Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates
• Create regional and country strategies on the basis of local data and analysis
• Identify growth segments for investment
• Outperform competitors using forecast data and the drivers and trends shaping the market
• Understand customers based on the latest market research findings
• Benchmark performance against key competitors
• Utilize the relationships between key data sets for superior strategizing
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis

The digital classroom market consists of sales of digital classroom equipment and related product by entities (organizations, sole traders, and partnerships) that are used for transforming a physical classroom extends into a digital space. The digital classroom is a smart classroom, fully incorporated with digital electronics devices and applications which enhance the learning process and deepen the understanding of particular topics with audio, video, and VR & simulations.

The main product types in digital classrooms include digital classroom hardware, digital classroom content, and digital classroom software. The digital classroom hardware market consists of sales of digital classroom hardware and tools by entities (organizations, sole traders, and partnerships) that are used to set up the digital space.

Hardware is a collective term used to describe any of the physical components of a digital computer which consists of written, machine-readable instructions or programs that tell physical components to execute the instructions. The digital classroom content market consists of sales of digital academic and non-academic learning materials by entities (organizations, sole traders, and partnerships) that are used by teachers or students for making assignments, learning new things, and generating a pool of knowledge.

Digital content is information available for distribution on electronic media such as an e-book or as downloadable content. Digital contents are available in many forms including text, audio, and videos files, graphics, animations, and images. The digital classroom software market consists of sales of software by entities (organizations, sole traders, and partnerships) which is used for making computer-based teaching scenarios.

Software refers to computer application programs that allow a user the flexibility to manipulate and control many aspects of digital media files whose components are audio, photographs, and video. The digital classroom components include both solutions and services. The main application of digital classrooms includes Kindergarten - 12th grade and higher education.

North America was the largest region in the Global market in 2021. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Strong internet penetration is expected to propel the growth of the digital classroom market. Internet penetration is defined as the number of internet users having access to the internet and that is measured by the number of users in a country. Access to the internet is fundamental to achieving the vision of a Digital classroom. Teachers and students mainly prefer online sources for gathering information on a topic and assignments. The potential of the Internet offers individual learners increase freedom from the physical limitations of the real world.

For instance, according to the American Community Survey 2019, 95% of 3-18-year-olds had home internet access for their study. Hereby internet is the main driver for the growth of the digital educational systems and digital classroom market. Therefore, internet penetration drives the digital classroom market.

Cloud-based learning is a key trend gaining popularity in the digital classroom market. Could-based learning has massively transformed the education system globally. Cloud-based learning is online learning that takes place on the cloud and provides a more convenient way of learning opportunities. Many companies operating in the digital classroom market are adopting cloud-based technologies as they have advantages such as improved administration, access to Information, online education courses, secure data storage.

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