Smart education: Key market research findings
- Growing usage of cloud-based learning analytics
- Implementation of IT security solutions
Technavio has released a new market research report on the global smart education market, which is expected to grow at a CAGR of 15% between 2016 and 2020. Factors like advances in technology and the growing adoption of advanced IT hardware solutions by developing countries are envisaged to account for this market’s impressive growth rate during the forecast period. The Americas occupy 33% of the total market share, thanks to the availability of adequate infrastructure and gadgets (such as e-book readers, tablets, and laptops), coupled with better and uninterrupted internet connectivity, in this region.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“One of the interesting trends gaining traction in this market is the high penetration of cloud-based learning analytics. Learning analytics is an application, which is primarily used to interpret the collected data to process efficiencies. The ability of cloud-based solutions to aid in various administrative, analytical activities is expected to result in its increased adoption during the estimated period,” says Jhansi Mary, Lead Analyst, Education, Technavio Research.
The implementation of innovative and customized IT and cloud-based security solutions is a next-generation IT reform, initiated by the educational institutions to protect the existing network infrastructure. The majority of institutes are shifting to SaaS LMS solutions to provide a secondary learning system for imparting special trainings. Currently, most SaaS e-learning solution providers promise features like protection from hackers. Other system security measures like SSL connection are also implemented to secure information.
The leading vendors in the global smart education market include Adobe, Apple, Desire2Learn, and Smart Technologies. This market is characterized by the presence of many international and local vendors, which are primarily located in regions like the Americas and Europe. To gain prominence in this market, the large international players provide services that focused on specific fields besides education tools.
A more detailed analysis is available in the Technavio report, Global Smart Education Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
Other related reports:
- Global Smart Classroom Market 2015-2019
- Smart Classroom Market in India 2015-2019
- Global Digital Classroom Market 2015-2019
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