COVID-19: Smart Education Market (2020-2024)- Roadmap for Recovery | Demand of Smart Education Solution to Boost the Market Growth

Technavio has been monitoring the smart education market and it is poised to grow by USD 117.71 bn during 2020-2024, progressing at a CAGR of almost 19% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Smart Education Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions:

  • What are the major trends in the market?
    Continuous focus on new product development is a major trend driving the growth of the market.

  • At what rate is the market projected to grow?
    The year-over-year growth for 2020 is estimated at 16.11% and the incremental growth of the market is anticipated to be $ 117.71 bn.

  • Who are the top players in the market?
    Adobe Systems, Blackboard Inc., Cisco Systems Inc., Dell Technologies Inc., D2L Corporation, Discovery, Inc., Ellucian Co. L.P., Instructure Inc., Pearson LLC, and Samsung Electronics Co. Ltd., are some of the major market participants.

  • What is the key market driver?
    The demand of smart education solution is one of the major factors driving the market.

  • How big is the APAC market?
    The APAC region will contribute 43% of the market share. 

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Adobe Systems, Blackboard Inc., Cisco Systems Inc., Dell Technologies Inc., D2L Corporation, Discovery, Inc., Ellucian Co. L.P., Instructure Inc., Pearson LLC, and Samsung Electronics Co. Ltd. are some of the major market participants. The demand of smart education solutions will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Smart Education Market 2020-2024: Segmentation

Smart Education Market is segmented as below:

  • Product

  • End-user

    • Higher Education

    • K-12 Schools

  • Geography

    • APAC

    • Europe

    • North America

    • South America

    • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40431

Smart Education Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The smart education market report covers the following areas:

  • Smart Education Market Size

  • Smart Education Market Trends

  • Smart Education Market Industry Analysis

This study identifies the continuous focus on new product development as one of the prime reasons driving the smart education market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Smart Education Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024

  • Detailed information on factors that will assist smart education market growth during the next five years

  • Estimation of the smart education market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the smart education market

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of smart education market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

Five Forces Analysis

Market Segmentation by Product

  • Market segments

  • Comparison by Product placement

  • Content – Market size and forecast 2019-2024

  • Software – Market size and forecast 2019-2024

  • Hardware – Market size and forecast 2019-2024

  • Market opportunity by Product

Market Segmentation by End-user

  • Market segments

  • Comparison by End user placement

  • Higher education – Market size and forecast 2019-2024

  • K-12 schools – Market size and forecast 2019-2024

  • Market opportunity by End user

Customer landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • APAC – Market size and forecast 2019-2024

  • Europe – Market size and forecast 2019-2024

  • North America – Market size and forecast 2019-2024

  • South America – Market size and forecast 2019-2024

  • MEA – Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers

  • Volume driver – Demand led growth

  • Volume driver – Supply led growth

  • Volume driver – External factors

  • Volume driver – Demand shift in adjacent markets

  • Price driver – Inflation

  • Price driver – Shift from lower to higher priced units

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Vendor landscape

  • Landscape disruption

Vendor Analysis

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200910005407/en/

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Jesse Maida
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