The newest research report from Report Ocean, titled “Smart Education and Learning Market” Size, Share, Pricing, Trends, Growth, Opportunities, and Forecast 2023-2030,” presents a comprehensive analysis of the global market. This report offers a detailed examination of future revenue projections, market demands, regional analysis, and other crucial information about the target market, including drivers, restraints, opportunities, and threats. Additionally, the report provides insights into the key companies operating in the market, supply chain trends, financials, significant developments, and technological innovations. It also encompasses future strategies, acquisitions, and mergers that may impact the ASRS industry.
Smart education & learning is the process of using educational products, learning modules, and applications in lieu of traditional classroom teaching methods to improve learning and promote flexibility. Education institutes have been adopting new high-tech teaching methods, such as white boards, projectors, and smart notebooks to impart better education. The implementation of such technologies in classroom improves understanding of students and enhances student engagement toward learning. The use of smart education and learning assists in improving learning processes and understanding of concepts among students by offering superior quality content.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
Factors such as increased importance of e-learning in corporate and academic set-ups, proactive government initiatives to promote e-learning in developing markets, technological advancements in smart education & e-learning, and growing number of mobile learning applications drive the growth of the smart education & learning market. However, security & privacy issues and high cost of implementation are expected to impede the market growth. Furthermore, increasing number of virtual schools and emergence of bring-your-own-device (BYOD) trend are expected to present major opportunities for market expansion in the near future.
In terms of global ICT exports in 2021, Ireland ranked first with US$ 169.32 billion, followed by the United States at number 2, India at number 3, and China at number 4. The passage also notes the significant increase in Brunei’s global ICT exports by 228.2% year over year since 2009, while Sierra Leone’s global ICT exports have decreased by 61.7% year over year in the same period. Overall, the passage highlights the growth and potential of the global ICT market, driven by increased investments and funding for infrastructure and project development.
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It seems that the ICT industry in Europe is predicted to experience moderate growth in the coming years, with an annual increase of 1.5% expected from 2021 to 2026. Germany currently holds the top position in terms of ICT revenue in Europe, followed by the United Kingdom, France, and Ireland. It’s interesting to note that while some countries like Malta have experienced significant growth in the ICT industry since 2016, others like Italy have seen a slight decline. This information can be useful for businesses and investors looking to enter or expand in the European ICT market.
KEY BENEFITS
The study provides an in-depth analysis of the global smart education & learning market and current & future trends to elucidate the imminent investment pockets.
Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided.
Porter’s Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global smart education & learning market from 2016 to 2023 is provided to determine the market potential.
KEY MARKET PLAYERS
Adobe Systems Incorporated
Educomp Solutions Ltd.
NIIT Limited
Smart Technologies, Inc.
Blackboard, Inc.
Ellucian Company L.P.
Saba Software, Inc.
Unit4
Desire2Learn Corporation Ltd.
Cisco Systems, Inc.
KEY MARKET SEGMENTS
BY COMPONENT
Software
Learning Management System
Learning Content Management Systems
Adaptive Learning Platform
Assessment Systems
Others
Services
Training & Certification
Consulting
Managed Hosting
Others
Educational Content
Audio-based Content
Text Content
Video-based Content
Hardware
BY LEARNING MODE
Virtual Instructor-led Training
Simulation-based Learning
Social Learning
Blended Learning
Adaptive Learning
Collaborative Learning
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BY END USER
Academics
Corporate
BY REGION
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Singapore
Indonesia
Thailand
Vietnam
Malaysia
Philippines
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Report Scope:
- This report provides a comprehensive segmentation of the market, offering the closest approximations of revenue for the overall market and its sub-segments across different verticals and regions.
- The report enables stakeholders to understand the market’s dynamics and provides valuable information on key drivers, restraints, challenges, and opportunities.
- Stakeholders can gain a better understanding of their competitors and acquire insights to improve their business position.
- The competitive landscape section includes the competitor ecosystem, new product development, agreements, and acquisitions.
Research Methodology:
Research Objectives: This section outlines the overall goals of the research study, including the research questions and hypotheses that will be addressed.
Research Design: This section describes the overall research design, including the research approach (e.g., quantitative, qualitative, mixed-methods), data collection methods (e.g., surveys, interviews, focus groups), and sampling strategy (e.g., random sampling, stratified sampling).
Data Collection: This section outlines the process used to collect data, including the sources of data (primary, secondary), the data collection instruments (e.g., survey questionnaire, interview guide), and the data collection procedures (e.g., data cleaning, coding, entry).
Data Analysis: This section describes the analytical methods used to analyze the data, such as statistical tests, qualitative coding, or content analysis.
Limitations: This section outlines the limitations of the study, including any potential biases, sources of error, or limitations in the data.
Ethical Considerations: This section describes any ethical considerations that were taken into account during the research process, such as obtaining informed consent from participants, protecting participant confidentiality, and minimizing any potential harm to participants.
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