This industry research report outlines the market forecast for the education technology market in Europe until 2019. This research report analyzes the key trends impacting the market shares for the leadings regions in Europe, including Western and Southern Europe, and Rest of Europe. The leading vendors in this market analyzed by this report include Microsoft, Blackboard, Dell, Discovery Communication, Echo360, IBM, and Lenovo.
Technavio has released a new market research report on the education technology market in Europe, which is expected to grow at a CAGR of 10% between 2015 and 2019. The growing prevalence of devices such as interactive displays, tablets, adaptive devices, and education software used for imparting interactive digital content fosters the growth of this market. Owing to better technological facilities in developed countries of Western Europe, a significant number of schools and universities in that region have already benefited from transformation to digital classes.
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.
“Several governments in the EU region are adopting an open education policy to support the deployment of digital technology across European schools and universities. This has led to rapid growth of the software and services in the education market, prompting several international vendors to develop software solutions based on specific requirements of educational institutes in Europe,” says Jhansi Mary, Lead Analyst, Education, Technavio Research
Technavio’s market research analyst estimate that Europe will require one million additional researchers by the year 2020. To address this need, the region is expected to invest heavily in the post-secondary education segment to address issues concerning skill shortage and job readiness. With this, the education technology market in Europe by post-secondary institutes is predicted to reach over USD 33 billion by 2019.
The key vendors in the education technology market in Europe include Microsoft, Blackboard, Dell, Discovery Communication, Echo360, IBM, and Lenovo. A surge in mobile learning presents a significant opportunity for the leading vendors of this market. The demand for simplified learning to address the needs of a dispersed audience propels the growth of this market. To capitalize on the market opportunity, service providers are expected to innovate with tools such as digital publications, collaboration tools, and authoring tools.
A more detailed analysis is available in the Technavio report, Education Technology Market in Europe 2015-2019.
We can customize reports by other regions and specific segments upon request.
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