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Higher Education Devices Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: December 2022 || SKU: ICT4104
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Global Higher Education Devices Market is segmented By Type(Projectors, Smartboards, Smart Tables, Digital Projectors, Laptops, Control Centers, Smartphones & Tablets, and Others), Mode of Education(Distance Learning, Full-Time, and Hybrid), By End-User(Educators and Students), By Distribution Channel(Online and Offline), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

Higher Education Devices Market Share, Size, Demand Insights

The global higher education devices market is estimated to reach at a CAGR of  21.2 % during the forecast period (2022-2029).

Higher Education Devices Market Scope and Summary

Metrics

Details

Market CAGR

21.2%

Segments Covered

By Type, Mode of Education, By End-User, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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Technology is a driving force in education, initiating various new devices for enhancing the quality of education systems in colleges. Higher education devices provide better differentiation, real-world integration, individualized learning, and varied assessments. At present, colleges are changing and incorporating digital advances into the classroom, which are inevitable and necessary. With internet access and devices, students can be exposed to a world of creative ideas outside, learn in other languages and choose various options for learning and gaining skills. Electronic devices in the classroom can develop the learning experience by granting instant video access.

Higher education devices offer efficiency for students and teachers to interact better in class and gain deep knowledge in a better way. Moreover, a shift in mindset for teachers, parents, and students towards the need for the best education vices is boosting the demand for the higher education devices market.

Source: DataM Intelligence Analysis (2023)

Higher Education Devices Market Dynamics and Trends

The growth of global higher education devices is driven by the growing adoption of smart devices and the rising number of smart classrooms in colleges.

Growing adoption of smart devices in the higher education

The education sector has been continuously transforming with rising investments and the introduction of modern technologies. The emerging technology has dramatically improved the teaching and learning process and approaches and instructors and teacher role in higher education. Smart devices have eased the effort and decreased the time to get to information resources. The concept of distance learning grew more renowned and evocative. Smart devices can offer virtual tools and laboratories, simulators and interactive platforms, visual and audio applications, and electronic games for learners and teachers to improve teaching and learning.

Teachers can utilize smart devices to give assignments & projects, upload course material via learning management systems, recognize students' progress, respond to students' concerns & provide remarks, place announcements, initiate discussion groups, and perform other tasks to manage their class. Besides these activities, students can interact with each other and instructors in groups or individually. The students can also refer to any supporting material outside or inside the learning environment. Due to these numerous benefits, the demand for smart devices is expected to boost higher education.

Rising number of smart classrooms in the colleges

Smart classrooms contain an interactive starboard monitor, document camera, projector, DVD/VCR, audio amplifier, and speakers in a lockable podium. The adoption of smart classrooms in colleges worldwide is expected to drive the demand for higher education devices. Numerous universities globally have been investing in smart classrooms to get ahead in the competitive landscape of students and offer the best learning solutions to students.

The recent initiatives from the government and organizations have made significant developments in the smart classrooms market. For instance, in 2018, Indiana University established a group to produce a prototype for smart classrooms that will provide professors easier control over frequently sophisticated classroom technology, reduce the support required for the space and promote collaboration among students. The university has taken the initiative to assist faculty and students in saving time. Moreover, recently, the Karnataka government in India has announced expanding the number of smart classrooms to 8,500.

Misuse of the smart devices

The rising issues regarding the misuse of smart devices with the advent of college advancements will hinder the market demand for higher education devices in the forecast period. With universities quickly adopting modern gadgets such as tablets and laptops for academic purposes, it becomes essential to consider their risks. Modern devices make it easier for learners to collaborate, but they can also be utilized for bullying and other criminal activities.

Students might use their devices in class to text rumors or make threats against classmates. Bullying can happen over social media platforms, text messages, or the college messaging platform. The potential for cheating is also one of the most notable disadvantages of allowing modern devices in the classroom.

Covid-19 Impact on Higher Education Devices Market

Due to the pandemic, stakeholders across the higher education devices industry have been growing. Countries around the globe are dependent upon online technologies to continue the education sector. During the unfavorable series of lockdowns, governments have implemented stringent rules to help dwindle the spread of the virus. In addition, several institutions have moved towards utilizing laptops and tablets to continue academic sessions. The lockdowns across countries generated the necessity for institutes to virtually manage academic and administrative processes, offering a substantial boost to the higher education devices market.

The need for higher education device solutions has seen growth for e-learning, virtual classrooms, and other digital solutions for granting uninterrupted education to learners worldwide. The higher education devices division grew amidst pandemics as governments and developers have made significant investments to distribute education devices to students for uninterrupted academic sessions across the countries.

Higher Education Devices Market Segment and Shares Analysis

by type, the higher education devices market is segmented into projectors, smartboards, smart tables, digital projectors, laptops, control centers, smartphones & tablets, etc.

The rising number of online learning programs is boosting the sales of smartphones & tablets

Smartphones & Tablets are expected to hold the largest higher education devices market in the forecast period. College students' interest in using tablets for academic purposes remains to grow. The vast majority of college students admit that tablets will transform the way college students study in the future. According to the 2019 OCS report, almost 56% of online college students adopted a smartphone or tablet to perform at least some of their online course-related activities. The percentage was even greater for prospective online students who would like to perform at least some course-related activities with a mobile device.

Graduate students' busy schedules may justify the increased use of tablets and mobile devices. Many colleges offer tablets and other tech perks to students in online learning programs. Moreover, the rising number of distance-learning colleges is one of the major driving factors for the growing demand for smartphones and tablets. Recently, Newsom has announced to improvement in distance learning education for California students. The company will distribute Chromebooks or tablets to more than 70,000 students who do not have devices at home.

 

Source: DataM Intelligence Analysis (2023)

Higher Education Devices Market Geographical Analysis

High investments by educational institutes in modifying educations devices are boosting the market in North America

North America holds a significant market share for the higher education devices market globally. The rise in the number of private colleges and the growing need for effectiveness in the education sector. The high engagement among academic institutions to obtain grants to improve educational quality has boosted the North American region's market demand. The universities have been investing in modifying their devices regularly. For instance, after ten years of using whiteboards and projectors, the University of Central Missouri needed to refresh its classrooms, specifically for math and computer science courses. UCM needed something to allow their students to be more engaged and hands-on in class while also being easy for instructors and professors to use. The university installed several interactive displays across its campus to offer updated solutions to its students.

The universities are coming up with new initiatives to curb the losses during the pandemic. Shenandoah University has found a sustainable way to offer iPad, MacBook, and Apple Pencil devices to incoming full-time students. Students of Shenandoah University, U.S. can lease the learning devices through a fee included in semester tuition payment. Distributing payments throughout the lifecycle makes it affordable for students and universities.

 

Source: DataM Intelligence Analysis (2023)

Higher Education Devices Companies Competitive Landscape

The higher education devices market is highly competitive with a rising need for education devices such as monitors, projectors, interactive displays, and others. The players are focusing on offering a wide range of portfolios, contributing to the major share in the market growth. Some of the key players contributing to the market growth are Microsoft Corporation, D&H Distributing Co, Promethean Limited, Parmetech, BenQ, Teq, Interworld Highway LLC, ViewSonic Corp, Avocor, and others. Ther players are adopting various new strategies to dominate the market, such as forming partnerships, launching new products, acquisitions, and collaborations, contributing to the global growth of the higher education devices market.

ViewSonic Corporation

Overview: ViewSonic Corporation is a privately held electronics company with headquarters in California, the U.S., and a research & development center in Taiwan. The company offers solutions for hybrid learning, interactive learning, scale-up classroom, Esports, higher education, and campus communications.

Product Portfolio: The Company offers various types of monitors, view boards, projectors, and digital displays.

Key Development: In 2021, ViewSonic Corp launched its latest view board interactive flat panel displays with the IFP52 series. The interactive displays feature advanced audio capabilities and a user-centric design to improve the classroom and learning experiences.

Why Purchase the Report?

  • Visualize the higher education devices market segmentation by type, mode of education, end-user, distribution channel, and region, highlighting the critical commercial assets and players.
  • Identify commercial opportunities in higher education devices by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of higher education devices market-level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players

The global higher education devices market report would provide approximately 69 market data tables, 65 figures, and 180 pages.

Target Audience

  • Service Providers/ Buyers
  • Colleges
  • Distributors
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers

 

Frequently Asked Questions

What is the Projected CAGR value of the Higher Education Devices Market?

Higher Education Devices Market is expected to grow at a high CAGR of 21.2% during the forecasting period 2022-2029.

Which region controlled the global market during 2022-2029?

North America region Controls the Higher Education Devices Market during 2022-2029

Which is the fastest-growing region in the Higher Education Devices Market?

Among all regions, Asia Pacific is the fastest-growing market share during the forecast period.

 

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