London, 27 October 2014 – Integration with talent and learning management systems is expected to contribute to a 20.76 percent CAGR in the Global Smart Education Market from 2014-2018, according to a new report from research firm TechNavio.
Huge advances in technology have changed the way in which training programs are managed and delivered.
“Smart education tools and e-learning methods are being used to facilitate talent management in organizations, and learning management systems are now essential for corporate training and management,” says Faisal Ghaus, Vice President of TechNavio.
“These systems monitor and track training-related activities and outcomes in an organization. They help develop and retain existing employees and reduce the costs related to external HR hiring. This consequently helps them achieve a competitive advantage over others in terms of skilled HR.”
The report also emphasizes new and advanced methods of education and training like simulations, IWBs, games and social media that are substantially replacing the traditional modes of imparting education in a more effective and interactive manner.
“These technologies are expected to popularize smart education and help the market more than double in size by 2018,” says Ghaus.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Globalization
- For a full detailed list, view our report.
Market Challenges:
- Lack of Digital Fluency
- For a full detailed list, view our report.
Market Trends:
- Advances in Technology
- For a full detailed list, view our report.
Key Vendors:
- Adobe Systems Inc.
- Blackboard Inc.
- Educomp Solutions Ltd.
Other Prominent Vendors:
- Cisco Systems
- Desire2Learn
- Ellucian
- Intel
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
