Smart
learning is a way of learn through electronically with the help of learning
applications and software. These advanced methods are allowing learners to absorb
knowledge more effectively and efficiently. The ongoing global inclination towards
smart learning marks a prominent paradigm shift in modern learning, but still, most
of the people find the concept obscure. Smart Learning offers flexible learning
solutions which replace conventional classroom teaching methods. Many
educational institutes and universities are changing their preference for smart
learning concepts by deploying high-tech teaching methods. Rising
acceptance of e-learning in academic and corporate sectors coupled with
technological improvements in smart education is the primary driver for the
global smart learning market growth. In addition, the smart learning has
observed a growth in its adoption owing to various benefits such as convenience
and improved concentration of learners. Furthermore, it has stimulated both
students and teachers to improve their efficiency and productivity. The aforementioned
factors will foster the market growth in the projected time. In addition to
this, the rising trend of advent of bring your own devices (BYOD) is projected
to increase the implementation of smart learning platforms, generating growth
opportunities in the global market. Additionally, increasing number of virtual
schools across the world is also further anticipated to boost the market growth
in the coming years. Apart from this, the heavy investments are required for
implementation of advanced teaching technologies, which is a major impeding
factor for the growth of the smart learning market.
Furthermore,
the surging demand for an AI-enabled personalized education experience is one of
the major trends observed in the smart learning market. Personalized learning
solutions enable better understanding among students by lining up their educational
backgrounds, interests and academic goals, therefore creating a customized
learning experience for them. Moreover, due to the global lockdowns caused by
the spread of the COVID-19 virus, education institutions have been compelled to
conduct their classes online. Hence, there is surging demand for online
learning platforms by educational institutes and enterprises, resulting in high
investments in smart learning solutions. As social distancing and school shutdowns
are becoming more frequent, online learning will become an integral part of the
education curriculum. In the coming years, this ongoing trend of online
education and eLearning is projected to propel the smart learning market even
after the pandemic.
The
global Smart Learning Market is segregated on the basis of component as Hardware,
Software and Services. Based on Learning Type the global Smart Learning Market
is segmented in Synchronous Learning and Asynchronous Learning. Based on End
User the global Smart Learning Market is segmented in Academic and Enterprises.
The
global Smart Learning Market report provides geographic analysis covering
regions, such as Europe, North America, Asia Pacific, and Rest of The World.
The Smart Learning Market for each region is further segmented for major
countries including the U.S., Canada, Germany, the U.K., France, Italy, China,
India, Japan, Brazil, South Africa, and others.
Competitive Analysis
Blackboard,
Cisco, Cornerstone OnDemand, CrossKnowledge, D2L, Ellucian and others are among
the major players in the global Smart Learning Market. The companies studied in
terms of product strategy and various n several growth and expansion strategies
to gain a competitive edge in the market. The major players not only follow
value chain integration with business operations in multiple stages of the
value chain.
- In April
2021, Pearson entered into a partnership with BBC Studios to introduce “Speak
Out for Sustainability” initiative. The initiative would bring educators and
learners across the world together to improve the awareness about key
sustainability issues.
- In
December 2020, Adobe acquired Workfront, a leading Collaborative Work
Management Tools provider. The companies would offer a single system to support
collaboration, planning and management for organizations to improve
productivity.
- In
September 2020, SMART Technologies collaborated with Google, Microsoft, and
Canvas to support teachers with remote learning. Integrations with these
platforms allow teachers to use SMART Software without the requirement of SMART
Boards.
- In June
2021, Blackboard collaborated with K16 Solutions to support Blackboard’s
clients to move from Blackboard Learn to Blackboard Learn Ultra.
The global Smart Learning Market has been segmented
as below:
Smart
Learning Market, By Component
Smart
Learning Market, By Learning Type
- Synchronous Learning
- Asynchronous Learning
Smart
Learning Market, By End User
Smart
Learning Market, By Region
- Europe
- North America
- Asia Pacific
- Rest of The World
Smart
Learning Market, By Company
- Adobe
- Alphabet
- BenQ
- Blackboard
- Cisco
- Cornerstone OnDemand
- CrossKnowledge
- D2L
- Ellucian
- Huawei
- IBM
- McGraw-Hill
- Microsoft
- Newrow
- Oracle
- Pearson
- Saba Software
- Samsung
- SAP
- SMART Technologies
- Upside LMS
The
report covers the below scope:
- Global Smart Learning Market sizes
from 2020 to 2026, along with CAGR for 2020-2026
- Market size comparison for 2019 vs
2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to
2026
- Global Smart Learning Market
trends, covering comprehensive range of consumer trends & manufacturer
trends
- Value chain analysis covering
participants from raw material suppliers to the downstream buyer in the global Smart
Learning Market
- Major market opportunities and
challenges in forecast timeframe to be focused
- Competitive landscape with analysis
on competition pattern, portfolio comparisons, development trends and strategic
management
- Comprehensive company profiles of
the key industry players
The
years considered for the study are as follows:
- Base year - 2019
- Estimated year - 2019
- Projected year - 2020
- Forecast period - 2021 to 2026
Report
Scope:
The global Smart Learning Market report scope
includes detailed study covering underlying factors influencing the industry
trends. The report covers analysis on regional and country level market
dynamics. The scope also covers competitive overview providing company market
shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares
and profiles key participants in the global Smart Learning Market share. Major
industry players with significant revenue share include Blackboard,
Cisco, Cornerstone OnDemand, CrossKnowledge, D2L, Ellucian and others.
Why to
Buy this Report:
- Gain detailed insights on the Smart Learning
industry trends
- Find complete analysis on the
market status
- Identify the Smart Learning Market
opportunities and growth segments
- Analyse competitive dynamics by
evaluating business segments & product portfolios
- Facilitate strategy planning and
industry dynamics to enhance decision making
Target
Audience:
- The report targeted towards the existing players in
the industry is as follows:
- Market Manufacturers/Service
Providers
- Market Wholesale/Traders
- Investment and Financial
Institutions
Free
and Paid Customization based on the requirement