According to the latest market research study released by Technavio, the global digital classroom market is expected to grow at a CAGR of close to 13% during the forecast period 2016-2020.
This market research report by Technavio provides an in-depth analysis of the market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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Technavio research analysts categorize the global digital classroom market based on product:
Global digital classroom market shares by product 2015
|
Digital classroom hardware market |
45.99% |
|
Digital classroom content market |
36.22% |
|
Digital classroom software market |
17.79% |
Source: Technavio
Global digital classroom hardware market
In 2015, hardware market accounted for around 46% of the global digital classroom market. In the past few years, the education system has been witnessing a rapid change in the education delivery model and has capitalized on the opportunity to use technology to its fullest potential. Advances in the education market and technological acceptance among potential customers and end-users have enabled vendors to focus on product innovation. Technology has positively influenced the education vertical with a significant increase in use of IT-based products. PCs are expected to form the largest share in the market, consisting of products such as laptops, desktops, and tablets. Moreover, to cater to customers in the best possible way, vendors are enhancing features, such as speed and battery life of notebooks and Chromebooks, to remain competitive in the education sector.
“The implementation of bring your own devices (BYOD) programs along with the improvement in internet infrastructure in institutions, has positive impact on the education market. BYOD policy is opening new avenues of knowledge and information sharing though virtual learning, e-learning, and blended learning. Delivery of e-learning through various forms of electronic devices, such as tablets and laptops is expected to fuel growth in the digital classroom hardware products.” says Jhansi Mary, a senior analyst at Technavio for research on education technology.
Global digital classroom content market
Digital classroom content is expected to grow at a moderate rate over the forecast period. The segment includes educational content designed for students and faculty. Various educational institutions have increased the demand for digital content suitable for imparting the desired knowledge to students. Some schools with advanced ICT have started adopting online learning materials to reduce teachers’ workload. The increased adoption rate of e-learning methodologies, especially in the higher education segment, is expected to propel the market growth. The demand for digital content has started to grow because of the rapid developments in authoring tools and software. The digital classroom content has significant penetration in developed economies owing to the presence of technological solutions and infrastructure to support the desired content in these regions. Vendors in the digital classroom content market are investing in converting traditional printed textbook content to digital content.
Global digital classroom software market
The digital classroom software segment includes the revenue generated by various software such as lecture capture solutions, LMS, content authoring tools, and various other software. Digital classroom software plays a significant role in inspiring the learning experience for students. Continuous innovation in delivery methods and technological advances are providing a platform for the adoption of digital classroom software. Major growth in digital classroom software segment will come through the application of software solutions such ERP systems, SIS, content authoring tools, SAS, and LMS. With the growing competition in the education market, educational institutions are adopting methods that ensure that they meet strategic goals despite reduction in state budget cuts or lack of funding. With the improvement in the IT Infrastructure in educational institutions, instructors are increasingly looking for opportunities to automate daily processes involving student registration, attendance, performance, and grading.
The top leading vendors operating in the global digital classroom market are:
- Dell
- Promethean
- Discovery Education
- Pearson Education
- Blackboard
- Jenzabar
Other prominent vendors in the market include Adobe Systems, Desire2Learn, DreamBox Learning, Echo360, Educomp, Ellucian, McGraw-Hill Education, Oracle, Saba, SMART Technologies, and Unit4.
A more detailed analysis is available in the Technavio report titled, ‘Global Digital Classroom Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Digital Learning Devices Market 2016-2020
- Global Classroom Displays Market 2016-2020
- Global Flip Classroom Market 2016-2020
- Global Classroom Collaboration Management Systems Market 2015-2019
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