Smart learning market size worth US$202.70 billion by 2030 at a CAGR of 21.0%, COVID-19 impact and global analysis by Emergen Research

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Advancements in smart learning technologies are one of the key factors driving smart learning market revenue growth

The global smart learning market size reached USD 36.19 billion in 2021 and is expected to register a revenue CAGR of 21.0% during the forecast period, according to the latest analysis from Emergen Research. Smart Learning Market Revenue Growth is Driven by Rising Demand for Learning Management System (LMS) Software, Rising Enrollment in Higher Education Sector, Rising Demand for online learning due to the pandemic and the need for an interactive and engaging learning environment. Smart learning is a general term for education in the digital age. It demonstrates how sophisticated technologies allow students to assimilate skills and knowledge more efficiently, quickly and easily.

There is a growing need for learning management system (LMS) software to effectively manage learning content. A learning management system (LMS) is software or web-based technology used to organize, implement and evaluate a particular learning process. In its most common form, it is used in e-learning techniques and consists of two elements: a server that supports basic operations and a user interface that instructors, students, and administrators use. The LMS often allows a teacher to create and distribute curriculum, monitor student participation, and analyze student performance. Students can use a learning management system to access interactive features such as threaded discussions, video conferencing, and discussion forums. With an effective system, instructors and administrators can more effectively manage components such as user access, communication, schedules, user registration, hardware, certifications, and notifications.

Some of the Key Players in this Smart Learning Market Industry Include:

Blackboard Inc., Pearson, Ellucian Company LP, Smart Technologies ULC, Promethean Limited, Samsung, Microsoft, Oracle, SAP, Cisco Systems Inc., D2L Corporation and McGraw Hill.

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The Global Smart Learning Market report provides comprehensive data coverage of companies including details of their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and their distribution channel, financial condition and market position. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects.

Some highlights of the report

The interactive display segment accounted for a moderate revenue share in 2021. An interactive panel is a wall-mounted device that allows users to generate dynamic visual presentations and modify on-screen data via digital touch inputs. Interactive LED panels are available in a variety of sizes, making them suitable for collaborative spaces ranging from small preschools to huge corporate conference rooms. Today’s interactive displays allow instructors and presenters to convey information more effectively, and their multitouch capabilities increase audience engagement. Additionally, contemporary interactive flat panel displays reduce the need to consider environmental factors such as lighting during a presentation.

The learning content management systems segment accounted for a major share of revenue in 2021. Learning content management systems develop, manage, track, distribute, analyze, and store information and courses. This can include the presentation of images, presentations, text and video. It is customizable to provide each employee with the job-specific training they need. A learning content management system (LCMS) includes greater interactivity, such as virtual reality (VR) and geocaching.

The corporate segment accounted for a large share of revenue in 2021. Smart learning in corporate universities is one of the ways of advancing the learning organization. This demonstrates that companies are able to learn continuously and make full use of the unique ideas of their employees. It is an organizational atmosphere conducive to learning, sharing and engagement. Smart learning in a business or organization becomes crucial for business development due to intelligence and adaptability. Corporate digital learning is the practice of promoting group engagement and knowledge transfer within or between organizations through communication and information technologies.

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The report studies the impact of the COVID-19 pandemic on the smart learning market. The report offers valuable insights into market size, market share, sales channel and distribution network, market segmentation, demands, trends and growth prospects. The report also studies market growth on a global and regional scale.

Scope of the Global Smart Learning Market Report:

The report makes an accurate estimation of the growth prospects of various market segments by studying the current market scenario, past performance, supply and demand ratio, production, consumption, sales, and generation of revenues of major players in the coming years. Market segmentation provides a 360° view of the Smart Learning Market industry, which proves beneficial for readers interested in this sector.

Global Intelligent Learning Market Market Research Objectives:

  • To provide an in-depth understanding of the Smart Learning Market industry.
  • Highlight the critical data of each segment at an extensive level.
  • Determine the key success factors in different industry segments of the smart learning market.
  • To highlight trends in specific sectors.
  • Provide an overview of key segments.
  • To perform economic analysis, construct quantitative and financial models of the global Smart Learning Market industry and individual segments.
  • To project the future performance of the global Smart Learning Market industry and identify imperatives.
  • Identify the risks of investing in particular segments and suggest appropriate strategies to mitigate the risks.
  • Investigate what has held the smart learning market industry back during the pandemic and the forces driving the global smart learning market higher post-pandemic.

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Segmentation :

Emergen Research has segmented the global smart learning market on the basis of product type, end-use, and region:

Product Type Outlook (Revenue, USD Billion; 2019-2030)

Material

Interactive display

Interactive whiteboards

Smart boards

Software

Integrated solution

Stand-alone solution

Learning Content Management System

Student Information System

classroom management software

language learning software

Others

End-Use Outlook (Revenue, USD Billion; 2019-2030)

Academic

Company

Government

Company

The regional analysis covers:

North America (USA, Canada)

Europe (UK, Italy, Germany, France, Rest of EU)

Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)

What are the key insights extracted from the report?

Detailed information about the estimated factors affecting the market growth and market share over the forecast period are presented in the report.

The report presents the current scenario and future growth prospects of the market across various geographical regions.

The analysis of the competitive landscape in the market along with the qualitative and quantitative information is delivered.

SWOT analysis is conducted with Porter’s Five Force analysis.

The in-depth analysis provides an overview of the market, highlighting the growth rate and the opportunities offered by the business.

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About Emergen Research

Emergen Research is a market research and consulting firm that provides syndicated research reports, custom research reports, and consulting services. Our solutions are uniquely focused on your goal to locate, target and analyze changes in consumer behavior across demographics, across industries, and help customers make smarter business decisions. We offer market intelligence research ensuring relevant and factual research across multiple sectors including health, touchpoints, chemicals, types and energy. We are constantly updating our search offerings to ensure that our clients are aware of the latest trends existing in the market. Emergen Research has a strong base of experienced analysts from a variety of areas of expertise. Our industry experience and ability to develop a workable solution to any research problem gives our clients the ability to secure an edge over their respective competitors.

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Margie D. Carlisle