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Smart Education Market in US 2023-2027

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    Report

  • 131 Pages
  • August 2023
  • Region: United States
  • TechNavio
  • ID: 5876794
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The smart education market in US is forecasted to grow by USD 102.01 bn during 2022-2027, accelerating at a CAGR of 18.69% during the forecast period. The report on the smart education market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by learning process enhancements in the academic sector, increasing adoption of mobile learning, and rising student engagement in classrooms through gamification.

The smart education market in US is segmented as below:

By End-user

  • Academics
  • Corporate

By Component

  • Service
  • Software
  • Hardware

By Geography

  • North America
This study identifies the rise of education 4.0 as one of the prime reasons driving the smart education market in US growth during the next few years. Also, rising interest toward adoption of AR and VR in educational sector and increase in cloud computing solutions for the academic sector will lead to sizable demand in the market.

The report on the smart education market covers in US the following areas:

  • Smart education market sizing in US
  • Smart education market forecast in US
  • Smart education market industry analysis in US
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart education market in US vendors that include Adobe Inc., Alphabet Inc., Anthology Inc., Cengage Learning Holdings II Inc., Chegg Inc., Cisco Systems Inc., Cornerstone OnDemand Inc., D2L Corp., Fujitsu Ltd., Hon Hai Precision Industry Co. Ltd., Instructure Holdings Inc., Intel Corp., International Business Machines Corp., MAXHUB, Meta Platforms Inc., Microsoft Corp., Pearson Plc, Samsung Electronics Co. Ltd., Echo360, and zSpace Inc.. Also, the smart education market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 05: Executive Summary - Chart on Market Segmentation by Component
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Smart education market in US 2017 - 2021
Exhibit 15: Historic Market Size - Data Table on smart education market in US 2017 - 2021 ($ billion)
4.2 End-user Segment Analysis 2017 - 2021
Exhibit 16: Historic Market Size - End-user Segment 2017 - 2021 ($ billion)
4.3 Component Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size - Component Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by End-user
6.1 Market segments
Exhibit 25: Chart on End-user - Market share 2022-2027 (%)
Exhibit 26: Data Table on End-user - Market share 2022-2027 (%)
6.2 Comparison by End-user
Exhibit 27: Chart on Comparison by End-user
Exhibit 28: Data Table on Comparison by End-user
6.3 Academics - Market size and forecast 2022-2027
Exhibit 29: Chart on Academics - Market size and forecast 2022-2027 ($ billion)
Exhibit 30: Data Table on Academics - Market size and forecast 2022-2027 ($ billion)
Exhibit 31: Chart on Academics - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Academics - Year-over-year growth 2022-2027 (%)
6.4 Corporate - Market size and forecast 2022-2027
Exhibit 33: Chart on Corporate - Market size and forecast 2022-2027 ($ billion)
Exhibit 34: Data Table on Corporate - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Chart on Corporate - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Corporate - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by End-user
Exhibit 37: Market opportunity by End-user ($ billion)
Exhibit 38: Data Table on Market opportunity by End-user ($ billion)
7 Market Segmentation by Component
7.1 Market segments
Exhibit 39: Chart on Component - Market share 2022-2027 (%)
Exhibit 40: Data Table on Component - Market share 2022-2027 (%)
7.2 Comparison by Component
Exhibit 41: Chart on Comparison by Component
Exhibit 42: Data Table on Comparison by Component
7.3 Service - Market size and forecast 2022-2027
Exhibit 43: Chart on Service - Market size and forecast 2022-2027 ($ billion)
Exhibit 44: Data Table on Service - Market size and forecast 2022-2027 ($ billion)
Exhibit 45: Chart on Service - Year-over-year growth 2022-2027 (%)
Exhibit 46: Data Table on Service - Year-over-year growth 2022-2027 (%)
7.4 Software - Market size and forecast 2022-2027
Exhibit 47: Chart on Software - Market size and forecast 2022-2027 ($ billion)
Exhibit 48: Data Table on Software - Market size and forecast 2022-2027 ($ billion)
Exhibit 49: Chart on Software - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Software - Year-over-year growth 2022-2027 (%)
7.5 Hardware - Market size and forecast 2022-2027
Exhibit 51: Chart on Hardware - Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Data Table on Hardware - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Chart on Hardware - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Hardware - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by Component
Exhibit 55: Market opportunity by Component ($ billion)
Exhibit 56: Data Table on Market opportunity by Component ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 57: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Trends
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 58: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends
10 Vendor Landscape
10.1 Overview
10.2 Vendor landscape
Exhibit 59: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 60: Overview on factors of disruption
10.4 Industry risks
Exhibit 61: Impact of key risks on business
11 Vendor Analysis
11.1 Vendors covered
Exhibit 62: Vendors covered
11.2 Market positioning of vendors
Exhibit 63: Matrix on vendor position and classification
11.3 Adobe Inc.
Exhibit 64: Adobe Inc. - Overview
Exhibit 65: Adobe Inc. - Business segments
Exhibit 66: Adobe Inc. - Key offerings
Exhibit 67: Adobe Inc. - Segment focus
11.4 Alphabet Inc.
Exhibit 68: Alphabet Inc. - Overview
Exhibit 69: Alphabet Inc. - Business segments
Exhibit 70: Alphabet Inc. - Key news
Exhibit 71: Alphabet Inc. - Key offerings
Exhibit 72: Alphabet Inc. - Segment focus
11.5 Anthology Inc.
Exhibit 73: Anthology Inc. - Overview
Exhibit 74: Anthology Inc. - Product/Service
Exhibit 75: Anthology Inc. - Key offerings
11.6 Cengage Learning Holdings II Inc.
Exhibit 76: Cengage Learning Holdings II Inc. - Overview
Exhibit 77: Cengage Learning Holdings II Inc. - Business segments
Exhibit 78: Cengage Learning Holdings II Inc. - Key offerings
Exhibit 79: Cengage Learning Holdings II Inc. - Segment focus
11.7 Cisco Systems Inc.
Exhibit 80: Cisco Systems Inc. - Overview
Exhibit 81: Cisco Systems Inc. - Business segments
Exhibit 82: Cisco Systems Inc. - Key news
Exhibit 83: Cisco Systems Inc. - Key offerings
Exhibit 84: Cisco Systems Inc. - Segment focus
11.8 Cornerstone OnDemand Inc.
Exhibit 85: Cornerstone OnDemand Inc. - Overview
Exhibit 86: Cornerstone OnDemand Inc. - Product/Service
Exhibit 87: Cornerstone OnDemand Inc. - Key offerings
11.9 D2L Corp.
Exhibit 88: D2L Corp. - Overview
Exhibit 89: D2L Corp. - Product/Service
Exhibit 90: D2L Corp. - Key news
Exhibit 91: D2L Corp. - Key offerings
11.10 Echo360
Exhibit 92: Echo360 - Overview
Exhibit 93: Echo360 - Product/Service
Exhibit 94: Echo360 - Key offerings
11.11 Fujitsu Ltd.
Exhibit 95: Fujitsu Ltd. - Overview
Exhibit 96: Fujitsu Ltd. - Business segments
Exhibit 97: Fujitsu Ltd. - Key news
Exhibit 98: Fujitsu Ltd. - Key offerings
Exhibit 99: Fujitsu Ltd. - Segment focus
11.12 Hon Hai Precision Industry Co. Ltd.
Exhibit 100: Hon Hai Precision Industry Co. Ltd. - Overview
Exhibit 101: Hon Hai Precision Industry Co. Ltd. - Product/Service
Exhibit 102: Hon Hai Precision Industry Co. Ltd. - Key offerings
11.13 Instructure Holdings Inc.
Exhibit 103: Instructure Holdings Inc. - Overview
Exhibit 104: Instructure Holdings Inc. - Product/Service
Exhibit 105: Instructure Holdings Inc. - Key offerings
11.14 International Business Machines Corp.
Exhibit 106: International Business Machines Corp. - Overview
Exhibit 107: International Business Machines Corp. - Business segments
Exhibit 108: International Business Machines Corp. - Key news
Exhibit 109: International Business Machines Corp. - Key offerings
Exhibit 110: International Business Machines Corp. - Segment focus
11.15 Microsoft Corp.
Exhibit 111: Microsoft Corp. - Overview
Exhibit 112: Microsoft Corp. - Business segments
Exhibit 113: Microsoft Corp. - Key news
Exhibit 114: Microsoft Corp. - Key offerings
Exhibit 115: Microsoft Corp. - Segment focus
11.16 Pearson Plc
Exhibit 116: Pearson Plc - Overview
Exhibit 117: Pearson Plc - Business segments
Exhibit 118: Pearson Plc - Key offerings
Exhibit 119: Pearson Plc - Segment focus
11.17 zSpace Inc.
Exhibit 120: zSpace Inc. - Overview
Exhibit 121: zSpace Inc. - Product/Service
Exhibit 122: zSpace Inc. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 123: Inclusions checklist
Exhibit 124: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 125: Currency conversion rates for US$
12.4 Research methodology
Exhibit 126: Research methodology
Exhibit 127: Validation techniques employed for market sizing
Exhibit 128: Information sources
12.5 List of abbreviations
Exhibit 129: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 5: Executive Summary - Chart on Market Segmentation by Component
Exhibits 6: Executive Summary - Chart on Vendor Market Positioning
Exhibits 7: Parent market
Exhibits 8: Market Characteristics
Exhibits 9: Offerings of vendors included in the market definition
Exhibits 10: Market segments
Exhibits 11: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibits 12: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibits 13: Chart on US: Year-over-year growth 2022-2027 (%)
Exhibits 14: Data Table on US: Year-over-year growth 2022-2027 (%)
Exhibits 15: Historic Market Size - Data Table on smart education market in US 2017 - 2021 ($ billion)
Exhibits 16: Historic Market Size - End-user Segment 2017 - 2021 ($ billion)
Exhibits 17: Historic Market Size - Component Segment 2017 - 2021 ($ billion)
Exhibits 18: Five forces analysis - Comparison between 2022 and 2027
Exhibits 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 21: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 22: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 23: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 24: Chart on Market condition - Five forces 2022 and 2027
Exhibits 25: Chart on End-user - Market share 2022-2027 (%)
Exhibits 26: Data Table on End-user - Market share 2022-2027 (%)
Exhibits 27: Chart on Comparison by End-user
Exhibits 28: Data Table on Comparison by End-user
Exhibits 29: Chart on Academics - Market size and forecast 2022-2027 ($ billion)
Exhibits 30: Data Table on Academics - Market size and forecast 2022-2027 ($ billion)
Exhibits 31: Chart on Academics - Year-over-year growth 2022-2027 (%)
Exhibits 32: Data Table on Academics - Year-over-year growth 2022-2027 (%)
Exhibits 33: Chart on Corporate - Market size and forecast 2022-2027 ($ billion)
Exhibits 34: Data Table on Corporate - Market size and forecast 2022-2027 ($ billion)
Exhibits 35: Chart on Corporate - Year-over-year growth 2022-2027 (%)
Exhibits 36: Data Table on Corporate - Year-over-year growth 2022-2027 (%)
Exhibits 37: Market opportunity by End-user ($ billion)
Exhibits 38: Data Table on Market opportunity by End-user ($ billion)
Exhibits 39: Chart on Component - Market share 2022-2027 (%)
Exhibits 40: Data Table on Component - Market share 2022-2027 (%)
Exhibits 41: Chart on Comparison by Component
Exhibits 42: Data Table on Comparison by Component
Exhibits 43: Chart on Service - Market size and forecast 2022-2027 ($ billion)
Exhibits 44: Data Table on Service - Market size and forecast 2022-2027 ($ billion)
Exhibits 45: Chart on Service - Year-over-year growth 2022-2027 (%)
Exhibits 46: Data Table on Service - Year-over-year growth 2022-2027 (%)
Exhibits 47: Chart on Software - Market size and forecast 2022-2027 ($ billion)
Exhibits 48: Data Table on Software - Market size and forecast 2022-2027 ($ billion)
Exhibits 49: Chart on Software - Year-over-year growth 2022-2027 (%)
Exhibits 50: Data Table on Software - Year-over-year growth 2022-2027 (%)
Exhibits 51: Chart on Hardware - Market size and forecast 2022-2027 ($ billion)
Exhibits 52: Data Table on Hardware - Market size and forecast 2022-2027 ($ billion)
Exhibits 53: Chart on Hardware - Year-over-year growth 2022-2027 (%)
Exhibits 54: Data Table on Hardware - Year-over-year growth 2022-2027 (%)
Exhibits 55: Market opportunity by Component ($ billion)
Exhibits 56: Data Table on Market opportunity by Component ($ billion)
Exhibits 57: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 58: Impact of drivers and challenges in 2022 and 2027
Exhibits 59: Overview on Criticality of inputs and Factors of differentiation
Exhibits 60: Overview on factors of disruption
Exhibits 61: Impact of key risks on business
Exhibits 62: Vendors covered
Exhibits 63: Matrix on vendor position and classification
Exhibits 64: Adobe Inc. - Overview
Exhibits 65: Adobe Inc. - Business segments
Exhibits 66: Adobe Inc. - Key offerings
Exhibits 67: Adobe Inc. - Segment focus
Exhibits 68: Alphabet Inc. - Overview
Exhibits 69: Alphabet Inc. - Business segments
Exhibits 70: Alphabet Inc. - Key news
Exhibits 71: Alphabet Inc. - Key offerings
Exhibits 72: Alphabet Inc. - Segment focus
Exhibits 73: Anthology Inc. - Overview
Exhibits 74: Anthology Inc. - Product/Service
Exhibits 75: Anthology Inc. - Key offerings
Exhibits 76: Cengage Learning Holdings II Inc. - Overview
Exhibits 77: Cengage Learning Holdings II Inc. - Business segments
Exhibits 78: Cengage Learning Holdings II Inc. - Key offerings
Exhibits 79: Cengage Learning Holdings II Inc. - Segment focus
Exhibits 80: Cisco Systems Inc. - Overview
Exhibits 81: Cisco Systems Inc. - Business segments
Exhibits 82: Cisco Systems Inc. - Key news
Exhibits 83: Cisco Systems Inc. - Key offerings
Exhibits 84: Cisco Systems Inc. - Segment focus
Exhibits 85: Cornerstone OnDemand Inc. - Overview
Exhibits 86: Cornerstone OnDemand Inc. - Product/Service
Exhibits 87: Cornerstone OnDemand Inc. - Key offerings
Exhibits 88: D2L Corp. - Overview
Exhibits 89: D2L Corp. - Product/Service
Exhibits 90: D2L Corp. - Key news
Exhibits 91: D2L Corp. - Key offerings
Exhibits 92: Echo360 - Overview
Exhibits 93: Echo360 - Product/Service
Exhibits 94: Echo360 - Key offerings
Exhibits 95: Fujitsu Ltd. - Overview
Exhibits 96: Fujitsu Ltd. - Business segments
Exhibits 97: Fujitsu Ltd. - Key news
Exhibits 98: Fujitsu Ltd. - Key offerings
Exhibits 99: Fujitsu Ltd. - Segment focus
Exhibits 100: Hon Hai Precision Industry Co. Ltd. - Overview
Exhibits 101: Hon Hai Precision Industry Co. Ltd. - Product/Service
Exhibits 102: Hon Hai Precision Industry Co. Ltd. - Key offerings
Exhibits 103: Instructure Holdings Inc. - Overview
Exhibits 104: Instructure Holdings Inc. - Product/Service
Exhibits 105: Instructure Holdings Inc. - Key offerings
Exhibits 106: International Business Machines Corp. - Overview
Exhibits 107: International Business Machines Corp. - Business segments
Exhibits 108: International Business Machines Corp. - Key news
Exhibits 109: International Business Machines Corp. - Key offerings
Exhibits 110: International Business Machines Corp. - Segment focus
Exhibits 111: Microsoft Corp. - Overview
Exhibits 112: Microsoft Corp. - Business segments
Exhibits 113: Microsoft Corp. - Key news
Exhibits 114: Microsoft Corp. - Key offerings
Exhibits 115: Microsoft Corp. - Segment focus
Exhibits 116: Pearson Plc - Overview
Exhibits 117: Pearson Plc - Business segments
Exhibits 118: Pearson Plc - Key offerings
Exhibits 119: Pearson Plc - Segment focus
Exhibits 120: zSpace Inc. - Overview
Exhibits 121: zSpace Inc. - Product/Service
Exhibits 122: zSpace Inc. - Key offerings
Exhibits 123: Inclusions checklist
Exhibits 124: Exclusions checklist
Exhibits 125: Currency conversion rates for US$
Exhibits 126: Research methodology
Exhibits 127: Validation techniques employed for market sizing
Exhibits 128: Information sources
Exhibits 129: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the smart education market in US: Adobe Inc., Alphabet Inc., Anthology Inc., Cengage Learning Holdings II Inc., Chegg Inc., Cisco Systems Inc., Cornerstone OnDemand Inc., D2L Corp., Fujitsu Ltd., Hon Hai Precision Industry Co. Ltd., Instructure Holdings Inc., Intel Corp., International Business Machines Corp., MAXHUB, Meta Platforms Inc., Microsoft Corp., Pearson Plc, Samsung Electronics Co. Ltd., Echo360, and zSpace Inc..

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is rise of education 4.0.'

According to the report, one of the major drivers for this market is the learning process enhancements in the academic sector.

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.

Companies Mentioned (Partial List)

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

  • Adobe Inc.
  • Alphabet Inc.
  • Anthology Inc.
  • Cengage Learning Holdings II Inc.
  • Chegg Inc.
  • Cisco Systems Inc.
  • Cornerstone OnDemand Inc.
  • D2L Corp.
  • Fujitsu Ltd.
  • Hon Hai Precision Industry Co. Ltd.
  • Instructure Holdings Inc.
  • Intel Corp.
  • International Business Machines Corp.
  • MAXHUB
  • Meta Platforms Inc.
  • Microsoft Corp.
  • Pearson Plc
  • Samsung Electronics Co. Ltd.
  • Echo360
  • zSpace Inc.