Digital Classroom Market expected to reach a value of approximately USD 138.4 billion by the year 2025
Published | 24 June 2019
According to BlueWeave
Consulting, the Global Digital Classroom market expected to grow at a CAGR of
10.4% from 2018 to reach a value of approximately USD 138.4 billion by the year
2025. Due to the diverse initiatives being pursued by governments around the
globe to enhance teaching methods, quality of education and educational
institutions facilities through the implementation of the concept of the smart
classroom to strengthen the education system.
The increasing number of
private international schools to enhance the education system, coupled with the
rapid increase in student adoption of tablets and mobile phones has increased
in various types of m-learning methods that will promote the expected global
Digital Classroom Market. In addition, the main driving force for market growth
is rising internet penetration, coupled with the growing choice of online
sources for information gathering. Besides, the application of the digital
classroom to provide teachers with the ability to analyze and assess the skills
learned by the students in real-time while providing instant feedback on their
performance through the transparency of their performance and other contributions
will accelerate the growth of the Digital Classroom market regularly.
Rising demand for M-learning
enables learning through massive open online courses, and game-based learning
and social learning through Web 2.0 innovations such as blogs and communities
would contribute to the growth of the Digital Classroom market during the
forecast period. Increasing the use of
digital classrooms in facilities also helps to reduce IT expenses, the
implementation of learning analytics, and cloud computing expected to improve
the Digital Classroom market in the coming year.
Digital
classroom hardware product of the Digital Classroom Market anticipated
propelling market growth in upcoming years
Based on Product Type, the
Digital Classroom market segmented into Digital classroom hardware, Digital
classroom software, and Digital classroom content. The global Digital Classroom
sector dominated by digital classroom hardware due to rapid developments in the
educational market and technological acceptance among educational institutions
coupled with the growing trend towards e-learning. The digital classroom
software market will be improved by features such as helpful collection and
management of student data and online course materials, and teachers will also
need software to develop e-learning content for students to promote
digitization.
Application-based
category K-12 predicted market dominance in the use of Digital Classroom
applications during the forecast period
The Digital Classroom market
based on application, categorized into K-12 and Higher Education. The k-12
segment will lead the market by the form due to increased digitization in the
education sector and school emphasis on building content infrastructure, such
as digital libraries. Higher education will be powered by universities and
educational institutions that use new innovative advances in education
technology to engage students, extend their reach worldwide, and reduce
congestion on the campus.
During
the projected time, North America has the largest market share on the global
Digital Classroom market.
The Digital Classroom
industry divided on a regional basis into North America, Europe, Asia Pacific,
Middle East & Africa, and Latin America. Due to the increasing acceptance
of digital learning and the partnership of educational hardware and software
vendors, North America dominates the world Digital Classroom market over the
forecast period. The Asia Pacific market will be the fastest-growing region as
information technology is increasingly being implemented in the education
sector.
Global
Digital Classroom Market Competitive Landscape
Companies such as Oracle,
Discovery Education, Pearson Education, Blackboard, Jenzabar, Educomp,
Ellucian, Echo360, Desire2Learn, Unit4, Saba, SMART Technologies, Dell,
Promethean, Adobe Systems, Desire2Learn, McGraw-Hill Education, and DreamBox
Learning are the key players in the global Digital Classroom market.
Browse Detailed Analysis
with TOC, “Global Digital Classroom
Market Size, By Product Type (Digital classroom hardware, Digital classroom
software and Digital classroom content), By Application(K-12 and Higher
Education), By Region (North America, Europe, Asia Pacific, Middle East &
Africa and Latin America); Growth Potential, Trends Analysis, Competitive
Market Size and Forecast, 2015-2025”
At
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