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Smart Education and Learning - Global Strategic Business Report

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    Report

  • 792 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4806161

Global Smart Education and Learning Market to Reach $1.6 Trillion by 2030

The global market for Smart Education and Learning estimated at US$449.5 Billion in the year 2023, is projected to reach a revised size of US$1.6 Trillion by 2030, growing at a CAGR of 16.7% over the analysis period 2023-2030.

Smart Education and Learning Hardware, one of the segments analyzed in the report, is projected to record 15.4% CAGR and reach US$722.7 Billion by the end of the analysis period. Growth in the Smart Education and Learning Software segment is estimated at 18.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $150.4 Billion, While China is Forecast to Grow at 19.2% CAGR

The Smart Education and Learning market in the U.S. is estimated at US$150.4 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$364.8 Billion by the year 2030 trailing a CAGR of 19.2% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.3% and 14.4% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 13.7% CAGR.

Exciting New Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 342 Featured)

  • Apple, Inc.
  • Adobe Inc.
  • Amazon Web Services, Inc.
  • Aeris Communications, Inc.
  • Aptara, Inc.
  • AbleNet, Inc.
  • Age of Learning
  • Accelerations Educational Software
  • Absorb Software, Inc.
  • 2U Inc.
  • Art of Smart Education
  • 11Signals Technologies
  • Arbisoft
  • Anthology, Inc.
  • ApplySquare

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Competitive Landscape
  • Smart Education and Learning - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Smart Education and Learning: An Introduction
  • How Technology is Enabling Smart Learning to Outshine Traditional Learning
  • Smart versus Traditional Learning
  • Global Market Outlook and Prospects
  • Global Smart Education and Learning Market Set to Witness Steady Growth
  • Key Market Drivers & Inhibitors
  • Regional Market Analysis
  • North America Hits Bulls Eye in Global Smart Education & Learning Market
  • Asia-Pacific & Europe as Primary Markets
  • Analysis by Component
  • Analysis by Learning Type
  • Analysis by End-User
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Smart Technology Trends Shaping the Global Education Market
  • IoT & AI as Mega Technology Trends in Smart Education & Learning Realm
  • Commercialization of AI Technology Boosts Use of AI in e-Learning: Global Market for Market in US$ Billion for 2018, 2020, 2022, and 2024
  • IoT & AI for Smart Learning
  • IoT for Educators, Students & Educational Institutions
  • Big Data to Propel Smart Education and Learning Market Growth
  • Rapid Internet Penetration Catalyzes Broad Based Growth
  • Internet Ubiquity, Speed & Bandwidth Explosion Provides the Support Platform for the Proliferation of e-Learning Services: Internet Users as % of Population by Region for 2019 and 2024
  • Emergence of Smart Cities to Propel the Demand for Smart Education & Learning
  • Deemed as Vital for the Creation of Smart Communities & Cities, the Need to Groom Smart People & Citizens to Drive Robust Demand for Mobile Learning Products & Services: World Market for Mobile Learning (In US$ Billion) for 2018, 2021 and 2024
  • Learning Management Tools to Gain Traction
  • Future of Education is Bright & Prodigious with Online Learning
  • Quick Glimpse of Technology Marvels Transforming Smart Education & Learning
  • Smart Classes & Learning as Guiding Light for Future of Education
  • Technology Categories Seeing the Most Investment
  • Gamification of Learning, A Lucrative Way to Improve Learning Outcomes
  • Web Conferencing Accelerates Move towards Location Agnostic Interactive and Synchronous Learning in Education Sector
  • e-Learning Brings in a New Transformation in Education Sector
  • Video Use in e-Learning Witnesses Robust Growth
  • Higher User Engagement with Short Videos as Compared to Other Forms of Content Drives the Value of Creating Short But Effective e-Learning Video Content: % Engagement Loss by Video Length
  • Supportive Government Policies Favor Growth in e-Learning
  • Virtual Reality (VR) & Wearable Devices Contribute to Cost-effective Online Learning & Training
  • Market to Benefit from Growing Number of Educational Institutions
  • Corporate Enterprises Lean towards Smart Education & Learning Programs
  • Social & Collaborative Learning Picks Up Momentum in Corporate Environments
  • Mobile Learning Patterns Encourage Market Growth
  • Smartphone Adoption Worldwide by Region (in %): 2018 & 2025
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Smart Education and Learning Market Analysis of Annual Sales in US$ Million for Years 2017 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Smart Education and Learning by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Smart Education and Learning by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 4: World 13-Year Perspective for Smart Education and Learning by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2017, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 7: World 13-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 10: World 13-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 13: World 13-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Asynchronous Learning by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Asynchronous Learning by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 16: World 13-Year Perspective for Asynchronous Learning by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Synchronous Learning by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Synchronous Learning by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 19: World 13-Year Perspective for Synchronous Learning by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Academic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Academic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 22: World 13-Year Perspective for Academic by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Corporate by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Corporate by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 25: World 13-Year Perspective for Corporate by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Smart Education and Learning Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Smart Education and Learning Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Smart Education and Learning Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Smart Education and Learning Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Smart Education and Learning Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Smart Education and Learning Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Smart Education and Learning Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
REST OF EUROPE
ASIA-PACIFIC
  • Smart Education and Learning Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
REST OF WORLDIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Apple, Inc.
  • Adobe Inc.
  • Amazon Web Services, Inc.
  • Aeris Communications, Inc.
  • Aptara, Inc.
  • AbleNet, Inc.
  • Age of Learning
  • Accelerations Educational Software
  • Absorb Software, Inc.
  • 2U Inc.
  • Art of Smart Education
  • 11Signals Technologies
  • Arbisoft
  • Anthology, Inc.
  • ApplySquare