Published on : Nov 17, 2017
Albany, New York, November 17, 2017: In the present time, ongoing technological advancement in educational sector has given rise to education technology and smart classrooms that are replacing the traditional classroom teaching method. Technology application in the classroom advances understanding of students and also appreciates student to learn new technology. According to a recent study, the steady development of dynamic interactive learning systems is likely to be the key driver to the global smart classroom market’s growth over the 2017-2022 forecast period. Market Research Hub (MRH) has freshly published a study to its massive online database, which is titled as “Smart Classroom Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022”, and provides readers with a detailed look into the key factors shaping the growth trajectory of the smart classroom market in key regions and application sectors. Key regions highlighted in the study include North America, Latin America, Europe, the Middle East and Africa, Asia Pacific except Japan, and Japan.
The word ‘smart’ itself describes that bringing smart interactive whiteboard into a classroom setting is one of the most attractive things for students. Apart from that, projectors, interactive displays, interactive tables, printers, audio systems and others add more classiness to a classroom. Most institutions understand that it is their responsibility to do some enhancement in their classrooms to provide students, an innovative way of teaching. Key applications of the smart classroom market include educational gaming, educational security, educational ERP, and others.
Key Insights into the Growth Prospects of the Global Smart Classroom Market
As per the study evaluations, the global smart classroom market is likely to rise to a valuation of US$50.5 bn by the end of 2017 and further rise to US$78.1 bn by the end of 2022. At this pace, the smart classroom market is expected to display a strong 9.1% CAGR during the 2017-2022 forecast period. Growing participation of the education sector in the expansion of smart classrooms is the prime driver for the global smart classroom market.
In terms of geography, the research smart classroom market has become a mature market in many countries in developed Western regions such as North America and Europe due to the easy availability of leading companies in the tech sector eager to establish a hand in the education sector and steady support from governments in a number of countries. Currently, North America is the leading contributor to the global smart classroom market.
Moreover, the leading segments of the global smart classroom market are assessed in the report to understand their growth prospects in the 2017-2022 forecast period. The report segments the global smart classroom market by component, end users, and application. By component, it covers interactive whiteboards and displays, projectors, learning management software, student response software, classroom management and assessment software, and support services. Of these, Projectors are likely to be the leading component type in the global market over the 2017-2022 forecast period due to their prevalent use in a variety of educational institutions. On the basis of end-use, the market has been classified into kindergarten, K-12, and higher education.
The final section of the report contracts with the competitive landscape which highlights the key players that are functioning in the smart classroom market along with details such as product portfolio, business positioning, financial standing, and SWOTs. Prime smart classroom market players examined in the report include Apple Inc., Microsoft Corporation, Dell Inc., Fujitsu Ltd., Cisco Systems Inc., HP, Toshiba Corporation, IBM Corp., Panasonic Corporation and Samsung Electronics Co. Ltd.
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