Global Smart Classroom Market is segmented By Education System (Collaboration systems, Learning content development systems, Document management systems, Student response systems, Learning management systems, Others ), By Components (Hardware, Software, Services), By Application (Educational gaming, Educational security, Educational ERP), By End-User (Kindergarten, Higher education ), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031
Smart Classroom Market Overview
Global Smart Classroom Market is expected to reach at a CAGR of 17.4% within the forecast period (2024-2031). Teachers now have more access to smart classrooms and digital tools that provide real cultural materials to staff and educators.
Teaching with technology changes the teaching and learning environment in many ways. North America dominates the global smart classroom market, owing to the increasing availability of advanced educational technologies and leading market participants in this region, followed by the market in Europe. Competitive rivalry intensifies with IBM, Microsoft, Panasonic Corporation and others operating in the market.
A smart classroom is a technologically equipped classroom that offers a wide range of teaching and learning approaches. Some tools can help teachers plan or save an online class for future reference. Furthermore, some tools can help teachers plan or save an online class for future reference. Different components (hardware, software, and services) are used in smart classrooms, including physical assets such as computers, projectors, speakers, microphones, screens, and so on.
Smart Classroom Market Scope
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Metrics |
Details |
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Market CAGR |
17.4% |
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Segments Covered |
By Education System, By Components, By Application, By End-User, and By Region |
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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. |
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Fastest Growing Region |
Asia Pacific |
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Largest Market Share |
North America |
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Smart Classroom Market Dynamics
The growing adoption of digital learning in various educational institutes has tremendously improved the market share for smart classrooms in recent times. Implementing e-learning and uninterruptible internet connectivity is the key factor adding value to the intelligent classrooms market in the forecast period.
The growing adoption of digital learning technology in various educational institutes has tremendously improved the market share for smart classrooms in recent times.
Source: DataM Intelligence Analysis (2023)
Teachers now have more access to smart classrooms and digital tools that provide real cultural materials to staff and educators. Teaching with technology changes the teaching and learning environment in many ways. Furthermore, technology is being integrated into the regular teaching curriculum, changing the way students are taught.
All classroom interactions have implicit power hierarchies. A teacher, a computer station with an internet connection, a multi-media digital projector, and better sound capabilities for the computer are all part of the Digital Smart Classroom. Other digital technologies can be added to this arrangement depending on the educational context's individual needs.
The term "digital smart classroom" refers to a type of setting designed to stimulate and promote certain social activities while also allowing people to reshape and reproduce these very interactional possibilities. Thus the mentioned features of the digital learning platform are creating huge opportunities for smart classrooms to be adopted by end-users
The implementation of e-learning and uninterruptible internet connectivity is the key factor adding value to the intelligent classrooms market in the forecast period
Traditional classroom instruction has been changed by digital learning. The introduction of virtual classrooms and e-learning courses has led to global demand for smart classrooms. Over the last decade, the e-learning business has grown significantly.
E-learning and smart classrooms strive to increase students' learning abilities by making entire chapters more enjoyable to study and improving their grades. Smart classrooms are a next-generation educational product that aids students in achieving higher rates and is a step toward the future of education.
In the sphere of education, e-learning is a game-changing product. For instance, between 2017 and 2020, the global eLearning market grew by 200 percent, reaching US$250 million in value. It is estimated to reach well over US$300 million by 2025. According to the Research Institute of America, eLearning enhances retention rates by 25% to 60%, whereas face-to-face training has very poor retention rates, ranging from 8% to 10%. The% is because students with eLearning have more control over the learning process and the ability to revisit the instruction as needed, creating the demand for the smart classroom in the forecast period
The high maintenance cost of smart classrooms has hampered the growth of the Smart Classroom market
Smart classroom equipment's high implementation and maintenance costs are important factors limiting the global smart classroom market's growth. In general, customers should invest between US$2000.00 and US$6000.00 for a high-quality smart board for their office.
The cost will be determined by the size, features, and accessories chosen to include. Furthermore, a lack of understanding of the benefits of modern educational technologies and smart classrooms, particularly in developing regions, impedes global smart classroom market growth.
COVID-19 Impact on Smart Classroom Market
The global pandemic has caused chaos in every aspect of the economy. While it has been marginally easier for MNCs and professionals to accept work from home as the new normal and continue doing business as usual, the global education system has been challenged.
Various concerned researchers, citizens, politicians, and bureaucrats agree that the education system needs to be reimagined and reinvented with so many disruptions. As a result, smart classroom solutions are introduced. Schools are altering the old education system by implementing smart classroom systems.
The abrupt switch is not limited to private institutions; many public schools have also begun to use smart classrooms. Thus, despite the severe crisis, it advances schools and even colleges in terms of technology, accelerating the market share for smart classrooms during the pandemic phase.
Smart Classroom Market Segment and Share Analysis
The global smart classroom market is segmented based on the educational system, component, application, end-user, and region.
Educational gaming holds a dominating position in the smart classroom market due to the increasing adoption of the segment as an effective way to communicate health information in virtually any educational context.
The global smart classroom market based on application is segmented into educational gaming, security, and ERP. Out of the mentioned segments, educational gaming holds a dominating market share compared to other types of segments.
The educational game is created and deployed using advanced online, mobile, Internet of Things (IoT), and augmented reality technologies and integrated into a Moodle-based e-learning environment. The game's goal was to put students' IoT knowledge to the test. Educational gameplay is a fun and effective way to communicate health information in virtually any educational context and it can be a refreshing change from standard teaching approaches.
Because the goal of an educational game is to learn while having fun, it is also known as a "serious game" or "edutainment."Many popular games may be used to teach about health. Thus being an easy and effective way of learning, educational gaming can hold the major market share in the forecast period, particularly due to growing technological advancements and the adoption of these technologies at the highest rate.
Source: DataM Intelligence Analysis (2023)
Smart Classroom Market Geographical Share
The increasing availability of advanced educational technologies and leading market participants in the North American region is boosting the market growth for smart classrooms in the region
In terms of revenue, the market in North America dominates the global smart classroom market, owing to the increasing availability of advanced educational technologies and leading market participants in this region, followed by the market in Europe.
Furthermore, players in the North American smart classroom market are contributing to the growth of learning models by offering robust solutions to schools and top institutions and assisting them in developing effective online programs. For instance, SMART Technologies ULC, a firm established in Canada, sells SMART Board interactive displays designed to support teaching methods that improve overall learning.
In addition, during the projection period, the Asia-Pacific market is expected to grow significantly, with a considerable CAGR. The regional growth is due to an increase in smart classrooms in several schools, colleges, and universities.
Source: DataM Intelligence Analysis (2023)
Smart Classroom Companies and Competitive Landscape
The smart classroom market is highly competitive with the presence of local and global companies. Some prime companies contributing to the market's growth include IBM, Microsoft, Panasonic Corporation, AT&T Intellectual Property., Blackboard Inc., Dell, SAMSUNG, FUJITSU, SMART Technologies ULC, Apple Inc., Adobe, D2L Corporation., Discovery, Inc., Cisco Systems, Inc, Echo360, HP Development Company, L.P., Jenzabar, Inc. and among others.
The major companies adopt several growth strategies such as acquisitions, product launches, and collaborations, contributing to the global smart classroom market's growth.
- For instance, on May 31, 2021, ECS revealed brand-new products and smart city solutions at COMPUTEX Virtual 2021. ECS Smart Classroom solutions comprise student devices, instructor devices, a wireless access point, and an interactive whiteboard for deploying intuitive and technologically enhanced learning environments that allow more simplified planning and reform to create effective change that improves student outcomes.
IBM
Overview: Global Business Machines Corporation supplies its products and solutions in 9 categories: AI, BlockChain, Cloud Computing, Data Analytics, IT Infrastructure, Security, supply chain, Business Operation, and supply chain. The company provides its services in 19 sectors, including automotive, aerospace, education, electronics, and other industries. The company operates in more than 175 countries, expanded in the Americas, Africa, Asia-Pacific, Europe, and Middle East regions offering more than 170 cloud products under 18 categories.
Product Portfolio: The company has a product portfolio of global smart classrooms that include:
- KidSmart Early Learning Program: IBM’s KidSmart program is comprised of the Young Explorer, a computer housed in brightly colored, kid-friendly Little Tikes furniture and equipped with award-winning educational software to help children learn and explore concepts in science, math, and language. Furthermore, Computer centers can also assist youngsters in developing crucial social skills such as cooperating and sharing. Exploration and socialization skills are essential for preparing children for future academic success, leveling the playing field, and ensuring that all children have access to educational resources.
Key Development
- For instance, on July 16, 2020, the Central Board of Secondary Education collaborated with IBM To Integrate AI Curriculum in 200 Schools across India.
Why Purchase the Report?
- Visualize the global smart classroom market segmentation by the educational system, component, application, end-user, and region, highlighting key commercial assets and players.
- Identify commercial opportunities in the global smart classroom market by analyzing trends and co-development deals.
- Excel data sheet with thousands of global smart classroom market-level 4/5 segmentation points.
- 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 smart classroom market report would provide approximately 69 market data tables, 65 figures, and 180 pages.
Target Audience 2024
- Service Providers/ Buyers
- Education & Research Institutes
- Research Professionals
- Emerging Companies
- Manufacturers
- Logistics companies
- Distributors
