Smart learning Market Growth Analysis With Investment Opportunities For 2024-2033
The Business Research Company’s Smart Learning Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
LONDON, GREATER LONDON, UK, August 30, 2024 /EINPresswire.com/ -- The smart learning market has experienced robust growth in recent years, expanding from $42.97 billion in 2023 to $51.65 billion in 2024 at a compound annual growth rate (CAGR) of 20.2%. The growth in the historic period can be attributed to the growing demand for online and remote learning tools, advancements in AI (artificial intelligence) and machine learning, increasing adoption of advanced technologies, government support for smart education, growing BYOD (bring your device) culture, and the proliferation of connected devices.
Strong Future Growth Anticipated
The smart learning market is projected to continue its strong growth, reaching $108.74 billion in 2028 at a compound annual growth rate (CAGR) of 20.5%. The growth in the forecast period can be attributed to government investments in digital infrastructure, advancements in computing power, big data and data storage technologies, and digital technologies in manufacturing.
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Growth Driver Of The Smart learning Market
The surging adoption of smartphones and tablets is expected to propel the growth of the smart learning market going forward. Smartphones and tablets are portable electronic devices widely used for communication, entertainment, education, and work due to their accessibility and advanced functionalities. The surge in smartphone and tablet adoption is due to portability and convenience, multifunctionality, touchscreen interfaces, mobile payments, and the adoption of educational apps. Smartphones and tablets are essential elements of smart learning, as they provide flexible, personalized, and engaging learning experiences that satisfy the needs and tastes of modern learners.
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Major Players And Market Trends
Key players in the smart learning market include Apple Inc., Alphabet Inc., Samsung Electronics Co. Ltd., Microsoft Corp., Dell Technologies Inc., Amazon Web Services (AWS).
Major companies operating in the smart learning market are focused on developing innovative solutions, such as AI-supported learning dashboards, to enhance the educational experience and provide personalized learning paths, track student progress in real time, and offer tailored feedback to improve learning outcomes. AI-supported learning dashboards are educational tools that integrate artificial intelligence (AI) technologies to provide comprehensive insights and analytics on student performance, engagement, and learning outcomes.
Smart Learning Market Segments:
1) By Learning Type: Online Learning, Offline Or Classroom-based Learning, Blended Learning
2) By Offering: Hardware, Solutions, Services
3) By End User: Academic, K-12 Education, Higher Education, Corporate
Geographical Insights: North America Leading The Market
North America was the largest region in the smart learning market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart learning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Smart learning Market Definition
Smart learning is an educational approach that leverages advanced technologies to create personalized, adaptive, and engaging learning experiences. It involves using tools such as artificial intelligence (AI), machine learning, big data, and the Internet of Things (IoT) to tailor educational content and methods to individual learners' needs, preferences, and progress. Smart learning aims to enhance the effectiveness, efficiency, and accessibility of education.
Smart learning Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Smart learning Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on smart learning market size, smart learning market drivers and trends, smart learning market major players, smart learning competitors' revenues, smart learning market positioning, and smart learning market growth across geographies. The smart learning market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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