Education provided with the use of technology is called smart education. This kind of education system is equipped with hardware and software, which aid the subject faculty, enhance learning experience, and improve dissemination of knowledge. Analytical proficiency that involve effective problem handling, logical thinking, and visualizing abilities are skills that are required in the present competitive scenario. This requirement has generated the need to redesign teaching methodologies to offer students with opportunities to gain specific knowledge and improved learning capabilities.
The analysts forecast the global smart education software market to grow at a CAGR of 16.76% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global smart education software market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of key software tools and technologies that are essential to implement and run a smart classroom.
The market is divided into the following segments based on geography:
- North America
The report, Global Smart Education Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Educomp Solutions
Other prominent vendors
- Adobe Systems
- Cisco Systems
- Saba Software
- Rise in the use of analytical applications
- Limited data privacy and security
- Emergence of m-education
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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- Market overview
- Top-vendor offerings
- Research methodology
- Economic indicators
- Key market highlights
PART 06: Impact of drivers
PART 07: Market challenges
PART 08: Impact of drivers and challenges
PART 09: Market trends
PART 10: Market landscape
- Market overview
- Global smart education software market
- Five forces analysis
- Global smart education software market by product
- Global smart education software market by content
- Global smart education software market by learning
- Global smart education software market by assessment
- Global smart education software market by geography
- Competitive scenario
- Competitive benchmarking
- Key market developments
- Educomp Solutions
PART 16: Appendix
- List of abbreviations
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Learning analytics applications
Exhibit 03: Impact of drivers
Exhibit 04: Impact of drivers and challenges
Exhibit 05: Global smartphone shipments 2011-2015 (billions of units)
Exhibit 06: Global m-education market 2015-2020 ($ billions)
Exhibit 07: Global gamification market 2015-2020 ($ millions)
Exhibit 08: Virtual schools market in the US 2014
Exhibit 09: Benefits of educational technology
Exhibit 10: Smart education architecture essentials
Exhibit 11: Global smart education software market 2015-2020 ($ billions)
Exhibit 12: Five forces analysis
Exhibit 13: Global smart education software market by product 2015 (% share)
Exhibit 14: Global smart education software market by product 2020 (% share)
Exhibit 15: Global smart education software market by product 2015-2020 ($ billions)
Exhibit 16: Global smart education software market by product 2015-2020 (% share)
Exhibit 17: Global smart education software market by content 2015-2020 ($ billions)
Exhibit 18: Global smart education software market by learning 2015-2020 ($ billions)
Exhibit 19: Global smart education software market by assessment 2015-2020 ($ billions)
Exhibit 20: Global smart education software market by geography 2015 (% share)
Exhibit 21: Vendor analysis
Exhibit 22: Global smart education software market: Key market developments
Exhibit 23: Key vendors: Strategic initiatives overview
Exhibit 24: Blackboard: Business segmentation
Exhibit 25: Educomp Solutions: Business segmentation by revenue 2015 (% share)
Exhibit 26: Instructure: Canvas features in smart education software market
Exhibit 27: Knewton: Key partners and investors
The author of the report recognizes the following companies as the key players in the global smart education software market: Blackboard, Educomp Solutions, Instructure, and Knewton.
Other Prominent Vendors in the market are: Adobe Systems, Cisco Systems, Cornerstone, D2L, Ellucian, NIIT, Oracle, Saba Software, SAP, and Scholastic.
Commenting on the report, an analyst from the research team said: “Emergence of m-education is a recent trend gaining traction in the market. The increase in the adoption of mobile phone and tablets by students and parents have led to the rise of m-learning methods. Vendors in developed countries such as the US and the UK are adopting m-learning methods to provide users with real-time access to educational content when required. Many emerging countries such as India, New Zealand, and countries in the Middle East and Africa are amending their educational structure and policies to create a technology-driven learning environment.”
According to the report, rise in the use of analytical applications is a key driver contributing to this market’s growth. Globally, the education industry is using analytics to determine ways to improve the quality of education and enhance the performance of students and improve administrative activities at schools. Universities are applying various analytical tools to analyze data while drawing out patterns and trends to understand critical phenomena, such as student dropout rates. In addition, inputs extracted can be used to take data-backed informed decisions in every phase of the educational processes. With this, administration departments in institutions can strategically develop intervention policies and corrective measures to increase student intake, depending on their resources as well as student retention. Software such as learning analytics and assessment tools acts as a data source, which collects and provides raw data to be analyzed.
Further, the report states that limited data privacy and security is a major challenge this market is facing. Software solutions used in classrooms monitor students’ use of tools for education, academics results, and physical education purposes. This puts the user under constant surveillance regarding their whereabouts and performance. This creates a privacy issue for students, making them reluctant to such software.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.