India Smart Classroom Market Bwc20119
India Smart Classroom Market - By Component (Hardware, Software, Services); By Application (Education, Training); By End User (K-12, Higher Education), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
- Published Date: January 2023
- Report ID: BWC20119
- Available Format: PDF
- Page: 117
Report Overview
Deepening penetration of smart devices, such as smartphones and tablets; growing trend of digital India; and increasing adoption of technology advancements across the country are expected to drive India smart classroom market during the forecast period between 2023 and 2029.
India Smart Classroom Market - Industry Trends & Forecast Report, 2029
India smart classroom market size is projected to grow at a CAGR of 5.8% during the forecast period between 2023 and 2029. Digital transformation has become a new trend for educational institutions across the world as well as in India due to the disruptions brought on by the COVID-19 pandemic. Several schools are using it as an opportunity to be more competitive and productive through online teaching and training, while others are using it for developing professional skills. The ease of use and convenient teaching rendered by smart classrooms are expected to have a positive effect on the India smart classroom market during the period in analysis.
India Smart Classroom Market – Overview
Smart classrooms are classrooms equipped with learning tools such as interactive flat panels in place of blackboard, digital devices, hearing aids, and audio/visual equipment to provide a better learning environment, charging solutions, lecture recording cameras, advanced apps for classroom and distance learning systems, etc. Live videos, audios, and images make classroom sessions more interactive and more engaging for students and promote learning. The proportion of digital content in the course curriculum has increased with progressive content development technology and online information accessibility.
India Smart Classroom Market
Growth Drivers
Increasing Investments in Development of Smart Classrooms
Various state governments across India are significantly investing in the adoption of smart classrooms. They are funding the government schools and equipping them with advanced tools to promote digitization in school, including attendance, libraries, and doubt forums. Delhi Chief Minister, for instance, inaugurated 12,430 new smart classrooms in 24 government schools in Delhi at the Rajkiya Kanya Vidyalaya in Rajokri. The Department of Collegiate and Technical Education, Karnataka, also announced 2,500 smart classrooms in government colleges. All these initiatives are expected to boost the growth of India smart classroom market during the forecast period.
Restraints
Lack of Adequate Technology Infrastructure
Lack of adequate infrastructure and resistance to change are emerging as significant restricting factors for the India smart classroom market. Poor internet connectivity and a shortage of technical skills in various parts of India make online education a challenge in terms of access and adoption. Furthermore, a large population, especially in rural India, does not have sufficient access to basic technologies such as the internet and smartphones, which also restricts the adoption of smart classrooms in the country.
Impact of COVID -19 on India Smart Classroom Market
The COVID-19 pandemic in India offered significant growth opportunities to the smart classroom market. The entire Indian education system has undergone a drastic change with the acceptance of online classes due to restrictions on school activities. COVID-19 disruption is challenging for the education system around the world. However, smart classrooms resolve academic issues to a great extent. Not only private schools, but even several government schools have begun to run smart classes. The comprehensive implementation of smart classroom systems is transforming the traditional system of education, making them technologically more advanced. However, currently, students and teachers need to make more significant adjustments. Many of them are not well equipped with remote learning technology tools, and remote supervision of students is also tricky.
India Smart Classroom Market
Segmental Coverage
India Smart Classroom Market – By Component
Based on component, India smart classroom market is segregated into hardware, software, and services segments. The hardware segment is further segmented into interactive whiteboards, projectors, interactive displays, PC, and other computer devices (audio systems). The software segment is again divided into learning management software, student response software, classroom management & assessment software) and the service sector is further subdivided into professional and managed services. The hardware segment is witnessing tremendous growth due to educational demand, and the trend is likely to continue in the forecast period. Software and services segments are also registering growing demand due to increasing online education and training by institutes and even companies and rising implementation and adoption of SaaS.
India Smart Classroom Market – By Application
Based on application, the India smart classroom market is segmented into education and training. The education segment holds a higher market share. K12 and higher education classes as well as coaching classes for all kinds of exams are being conducted online post the pandemic outbreak in the country. Competitive examinations in India are also conducted through online platforms. Smart classrooms transform the educational system and make it an IT-enabled educational system. The training segment, however, is expected to register growth at a higher rate during the forecast period due to the increasing deployment of smart classroom hardware and software for training purposes, particularly in companies.
India Smart Classroom Market – By End User
Based on end users, the India smart classroom market is segmented into K-12 and higher education. The higher education segment accounts for a higher market share owing to high investments toward the adoption of education technology. However, the K-12 segment has also been registering a significant growth rate since the pandemic. The demand from both segments is increasing due to the lockdown effects of the pandemic. Education infrastructure is being developed or improved for imparting education to students of different age groups.
Competitive Landscape
Major players operating in India Smart Classroom market include Samsung, Hitachi, Ltd., Panasonic, Ebix SmartClass, Next Education India, Educomp Group, Smart Technologies, Cybernetyx Technik, Extramarks, Globus Infocom, NIIT Technologies, and NetDragon Education. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Recent Developments
-
In October 2022 - Studybase, a Jaipur–based software service (SaaS) platform, launched a digital service and solution that includes digital payments, pending fee calculations, communication, and custom report cards, for both school management and parents.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2022 |
Base Year – 2022 |
|
Estimated Year – 2023 |
|
Forecast Period – 2023–2029 |
|
Facts Covered |
Revenue in USD Million |
Product/ Service Segmentation |
Component, Application, End User |
Key Players |
Samsung, Hitachi, Ltd., Panasonic, Ebix SmartClass, Next Education India, Educomp Group, Smart Technologies, Cybernetyx Technik, Extramarks, Globus Infocom, NIIT Technologies, NetDragon Education |
By Component
-
Hardware
-
Interactive White Boards
-
Projectors
-
Interactive Displays
-
PC
-
Other Computer Devices (Audio Systems)
-
Software
-
Learning Management Software
-
Student Response Software
-
Classroom Management & Assessment Software
-
Services
-
Professional
-
Managed
By Application
-
Education
-
Training
By End User
-
K-12
-
Higher Education
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- India Smart Classroom Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Growing adoption of tablets
- Rising trend of digital India
- Restraints
- Lack of Network Infrastructure
- Opportunity
- Technological Advancements
- Challenges
- Adoption of Smart Classes in Government Schools
- Growth Drivers
- Technological Advancement/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- India Smart Classroom Market Overview
- Market Size & Forecast, 2019-2029
- By Value (USD Million)
- Market Share & Forecast
- By Component
- Hardware
- Interactive White Boards
- Projectors
- Interactive Displays
- PC
- Other Computer Devices (Audio system etc.)
- Software
- Learning Management Software
- Student Response Software
- Classroom Management & Assessment Software
- Services
- Professional
- Managed
- Hardware
- By Application
- Education
- Training
- By End User
- K-12
- Higher Education
- By Component
- Market Size & Forecast, 2019-2029
- Competitive Landscape
- List of Key Players and Their Offerings
- India Smart Classroom Company Market Share Analysis, 2022
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Covid-19 on India Smart Classroom Market
- Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- Samsung
- Hitachi, Ltd
- Panasonic
- Ebix SmartClass
- Next Education India
- Educomp Group
- Smart Technologies
- Cybernetyx Technik
- Extramarks
- Globus Infocom
- NIIT Technologies
- NetDragon Education
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information of case of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List Of Figures
Figure 1 India Smart Classroom Segmentation
Figure 2 India Smart Classroom Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 India Smart Classroom Market Size, By Value (USD Million), 2019-2029
Figure 5 India Smart Classroom Market Share, By Component, By Value, 2019-2029
Figure 6 India Smart Classroom Market Share, By Application, By Value, 2019-2029
Figure 7 India Smart Classroom Market Share, By End Use, By Value, 2019-2029
List of Tables
Table 1 India Smart Classroom Market Size, By Value (USD Million), 2019-2029
Table 2 India Smart Classroom Market Share, By Component, By Value, 2019-2029
Table 3 India Smart Classroom Market Share, By Application, By Value, 2019-2029
Table 4 India Smart Classroom Market Share, By End User, By Value, 2019-2029
Table 5 Samsung Company Overview
Table 6 Samsung Financial Overview
Table 7 Hitachi, Ltd Company Overview
Table 8 Hitachi, Ltd Financial Overview
Table 9 Panasonic Company Overview
Table 10 Panasonic Financial Overview
Table 11 Ebix SmartClass Company Overview
Table 12 Ebix SmartClass Financial Overview
Table 13 Next Education India Company Overview
Table 14 Next Education India Financial Overview
Table 15 Educomp Group Company Overview
Table 16 Educomp Group Financial Overview
Table 17 Smart Technologies Company Overview
Table 18 Smart Technologies Financial Overview
Table 19 Cybernetyx Technik Company Overview
Table 20 Cybernetyx Technik Financial Overview
Table 21 Extramarks Company Overview
Table 22 Extramarks Financial Overview
Table 23 Globus Infocom Company Overview
Table 24 Globus Infocom Financial Overview
Table 25 NIIT Technologies Company Overview
Table 26 NIIT Technologies Financial Overview
Table 27 NetDragon Education Company Overview
Table 28 NetDragon Education Financial Overview
Market Segmentation
By Component
-
Hardware
-
Interactive White Boards
-
Projectors
-
Interactive Displays
-
PC
-
Other Computer Devices (Audio Systems)
-
Software
-
Learning Management Software
-
Student Response Software
-
Classroom Management & Assessment Software
-
Services
-
Professional
-
Managed
By Application
-
Education
-
Training
By End User
-
K-12
-
Higher Education
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