Global Smart Learning Systems Market to Reach $171.3 Billion by 2027
Amid the COVID-19 crisis, the global market for Smart Learning Systems estimated at US$66.8 Billion in the year 2020, is projected to reach a revised size of US$171.3 Billion by 2027, growing at a CAGR of 14.4% over the analysis period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record a 13% CAGR and reach US$65 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 13.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $19.7 Billion, While China is Forecast to Grow at 13.9% CAGR
The Smart Learning Systems market in the U.S. is estimated at US$19.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$30 Billion by the year 2027 trailing a CAGR of 13.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.5% and 12.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.7% CAGR.
Services Segment to Record 17.3% CAGR
In the global Services segment, USA, Canada, Japan, China and Europe will drive the 17.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$14.7 Billion in the year 2020 will reach a projected size of US$44.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$20.6 Billion by the year 2027.
Select Competitors (Total 53 Featured):
Amid the COVID-19 crisis, the global market for Smart Learning Systems estimated at US$66.8 Billion in the year 2020, is projected to reach a revised size of US$171.3 Billion by 2027, growing at a CAGR of 14.4% over the analysis period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record a 13% CAGR and reach US$65 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 13.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $19.7 Billion, While China is Forecast to Grow at 13.9% CAGR
The Smart Learning Systems market in the U.S. is estimated at US$19.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$30 Billion by the year 2027 trailing a CAGR of 13.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.5% and 12.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.7% CAGR.
Services Segment to Record 17.3% CAGR
In the global Services segment, USA, Canada, Japan, China and Europe will drive the 17.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$14.7 Billion in the year 2020 will reach a projected size of US$44.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$20.6 Billion by the year 2027.
Select Competitors (Total 53 Featured):
- Adobe Systems Inc.
- Blackboard, Inc.
- Cisco Systems
- Desire2learn
- Educomp Solutions
- Ellucian Company L.P.
- Intel Corporation
- McGraw-Hill
- NIIT Limited
- Pearson PLC
- Promethean, Inc.
- Saba Software
- Samsung Electronics
- Scholastic Corporation
- Smart Technologies
- SumTotal Systems
- Tata Interactive System
- Three Rivers Systems
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Current & Future Analysis for Smart Learning Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 2: World 7-Year Perspective for Smart Learning Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
- Table 3: World Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 4: World 7-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- Table 5: World Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 6: World 7-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- Table 7: World Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 8: World 7-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- UNITED STATES
- Table 9: USA Current & Future Analysis for Smart Learning Systems by Product - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 10: USA 7-Year Perspective for Smart Learning Systems by Product - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
- CANADA
- Table 11: Canada Current & Future Analysis for Smart Learning Systems by Product - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 12: Canada 7-Year Perspective for Smart Learning Systems by Product - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
- JAPAN
- Table 13: Japan Current & Future Analysis for Smart Learning Systems by Product - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 14: Japan 7-Year Perspective for Smart Learning Systems by Product - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
- CHINA
- Table 15: China Current & Future Analysis for Smart Learning Systems by Product - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 16: China 7-Year Perspective for Smart Learning Systems by Product - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
- EUROPE
- Table 17: Europe Current & Future Analysis for Smart Learning Systems by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 18: Europe 7-Year Perspective for Smart Learning Systems by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
- Table 19: Europe Current & Future Analysis for Smart Learning Systems by Product - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 20: Europe 7-Year Perspective for Smart Learning Systems by Product - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
- FRANCE
- Table 21: France Current & Future Analysis for Smart Learning Systems by Product - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 22: France 7-Year Perspective for Smart Learning Systems by Product - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
- GERMANY
- Table 23: Germany Current & Future Analysis for Smart Learning Systems by Product - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 24: Germany 7-Year Perspective for Smart Learning Systems by Product - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
- ITALY
- Table 25: Italy Current & Future Analysis for Smart Learning Systems by Product - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 26: Italy 7-Year Perspective for Smart Learning Systems by Product - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
- UNITED KINGDOM
- Table 27: UK Current & Future Analysis for Smart Learning Systems by Product - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 28: UK 7-Year Perspective for Smart Learning Systems by Product - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
- REST OF EUROPE
- Table 29: Rest of Europe Current & Future Analysis for Smart Learning Systems by Product - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 30: Rest of Europe 7-Year Perspective for Smart Learning Systems by Product - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
- ASIA-PACIFIC
- Table 31: Asia-Pacific Current & Future Analysis for Smart Learning Systems by Product - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 32: Asia-Pacific 7-Year Perspective for Smart Learning Systems by Product - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
- REST OF WORLD
- Table 33: Rest of World Current & Future Analysis for Smart Learning Systems by Product - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 34: Rest of World 7-Year Perspective for Smart Learning Systems by Product - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
- Total Companies Profiled: 53
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