Digital Classroom Market expected to reach a value of approximately USD 138.4 billion by the year 2025
Published | June 2019
According to BlueWeave Consulting, the Global Digital Classroom market expected to grow at a CAGR of 10.4% from 2018 to reach a value of approximately USD 138.4 billion by the year 2025. Due to the diverse initiatives being pursued by governments around the globe to enhance teaching methods, quality of education and educational institutions facilities through the implementation of the concept of the smart classroom to strengthen the education system.
The increasing number of private international schools to enhance the education system, coupled with the rapid increase in student adoption of tablets and mobile phones has increased in various types of m-learning methods that will promote the expected global Digital Classroom Market. In addition, the main driving force for market growth is rising internet penetration, coupled with the growing choice of online sources for information gathering. Besides, the application of the digital classroom to provide teachers with the ability to analyze and assess the skills learned by the students in real-time while providing instant feedback on their performance through the transparency of their performance and other contributions will accelerate the growth of the Digital Classroom market regularly.
Rising demand for M-learning enables learning through massive open online courses, and game-based learning and social learning through Web 2.0 innovations such as blogs and communities would contribute to the growth of the Digital Classroom market during the forecast period. Increasing the use of digital classrooms in facilities also helps to reduce IT expenses, the implementation of learning analytics, and cloud computing expected to improve the Digital Classroom market in the coming year.
Digital classroom hardware product of the Digital Classroom Market anticipated propelling market growth in upcoming years
Based on Product Type, the Digital Classroom market segmented into Digital classroom hardware, Digital classroom software, and Digital classroom content. The global Digital Classroom sector dominated by digital classroom hardware due to rapid developments in the educational market and technological acceptance among educational institutions coupled with the growing trend towards e-learning. The digital classroom software market will be improved by features such as helpful collection and management of student data and online course materials, and teachers will also need software to develop e-learning content for students to promote digitization.
Application-based category K-12 predicted market dominance in the use of Digital Classroom applications during the forecast period
The Digital Classroom market based on application, categorized into K-12 and Higher Education. The k-12 segment will lead the market by the form due to increased digitization in the education sector and school emphasis on building content infrastructure, such as digital libraries. Higher education will be powered by universities and educational institutions that use new innovative advances in education technology to engage students, extend their reach worldwide, and reduce congestion on the campus.
During the projected time, North America has the largest market share on the global Digital Classroom market.
The Digital Classroom industry divided on a regional basis into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Due to the increasing acceptance of digital learning and the partnership of educational hardware and software vendors, North America dominates the world Digital Classroom market over the forecast period. The Asia Pacific market will be the fastest-growing region as information technology is increasingly being implemented in the education sector.
Global Digital Classroom Market Competitive Landscape
Companies such as Oracle, Discovery Education, Pearson Education, Blackboard, Jenzabar, Educomp, Ellucian, Echo360, Desire2Learn, Unit4, Saba, SMART Technologies, Dell, Promethean, Adobe Systems, Desire2Learn, McGraw-Hill Education, and DreamBox Learning are the key players in the global Digital Classroom market.
Browse Detailed Analysis with TOC, “Global Digital Classroom Market Size, By Product Type (Digital classroom hardware, Digital classroom software and Digital classroom content), By Application(K-12 and Higher Education), By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America); Growth Potential, Trends Analysis, Competitive Market Size and Forecast, 2015-2025”