Executive Summary
The Global Smart Education Market was valued at USD 372.05 Billion in the year 2019. Increasing number of schools and higher education institutions that have adopted smart devices in modern classrooms will significantly influence global smart education market growth in near future. The other factors driving the growth of the smart education market include the proliferation of connected devices in the education sector, adoption of eLearning solutions, and growing use of Artificial Intelligence (AI) and Machine Learning (ML) in smart learning.
The global education industry is undergoing a significant transition, as primary and secondary school districts, colleges and universities, as well as governments, corporations and individuals around the world are increasingly recognizing the importance of using technology to more effectively provide information to educate students and other users.
Most governments around the world have temporarily closed educational institutions in an attempt to contain the spread of the COVID-19 pandemic. These nationwide closures are impacting over 91% of the world's student population. Several other countries have implemented localized closures impacting millions of additional learners. However, COVID-19 has created a new normal for the higher education sector, revolutionizing the online learning landscape, reshaping application processes, and refreshing crisis management strategies.
Besides software segment, the hardware component is expected to experience notable shift in its trajectory, registering a CAGR of x% in the market for smart education over the forecast period. APAC region is anticipated to grow with the fastest rate during forecast period and China is a key market for smart education in APAC region.
Scope of the Report
- The report analyses the Smart Education Market by Component (Hardware, Software, Service).
- The report assesses the Smart Education market by End User (Academics, Corporate).
- The report assesses the Smart Education market by Academics Subsegment (K-12, Higher Education).
- The report assesses the Smart Education market by Corporate Subsegment (SMEs, Large Enterprise, Government).
- The Global Smart Education Market has been analysed By Region (Americas, Europe, Asia Pacific, MEA) and By Country (United States, Canada, Mexico, Brazil, Germany, France, U.K, China, Japan, India).
- The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, Component and End User. Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
- The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Boxlight Corp., Blackboard Inc., Cisco Systems, Pearson, Adobe Inc., Smart Technologies, Ellucian, Instructure Inc, Educomp Solutions Ltd, NIIT Limited, Saba Software Inc.
- The report presents the analysis of Smart Education market for the historical period of 2015-2019 and the forecast period of 2020-2025.
Key Target Audience
- Smart Education Vendors
- Consulting and Advisory Firms
- Government and Policy Makers
- Investment Banks and Equity Firms
- Regulatory Authorities
Global Smart Education Market: Analysis By Component (Hardware, Software, Service) , End User (Academics, Corporate) , End User Sub segments, By Region, By Country (2020 Edition) : Market Insight, COVID-19 Impact, Competition and Forecast (2020-2025)
Table of Contents
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
2.1 Tapping Education Sector
2.2 Focus on Aggressive marketing of the products
2.3 Enable the m-Education Ecosystem
3. Smart Education Market: Product Overview
4. Global Smart Education Market: Sizing and Forecast
4.1 Market Size, By Value, Year 2015-2019
4.2 Market Size, By Value, Year 2020-2025
4.3 Impact of COVID-19 on Global Smart Education Market
4.4 Global Economic & Industrial Outlook
5. Global Smart Education Market Segmentation, By Component
5.1 Global Smart Education Market: Segment Analysis
5.2 Competitive Scenario of Global Smart Education Market: By Component (2019 & 2025)
5.3 By Hardware- Market Size and Forecast (2015-2025)
5.4 By Software- Market Size and Forecast (2015-2025)
5.5 By Service- Market Size and Forecast (2015-2025)
6. Global Smart Education Market Segmentation, By End User
6.1 Global Smart Education Market: Segment Analysis
6.2 Competitive Scenario of Global Smart Education Market: By End User (2019 & 2025)
6.3 By Academics- Market Size and Forecast (2015-2025)
6.3.1 By Academics Subsegment (K-12 & Higher Education)- Market Size and Forecast (2015-2025)
6.4 By Corporate- Market Size and Forecast (2015-2025)
6.4.1 By Corporate Subsegment (SMEs, Large Enterprise, Government)- Market Size and Forecast (2015-2025)
7. Global Smart Education Market: Regional Analysis
7.1 Competitive Scenario of Global Smart Education Market: By Region (2019 & 2025)
8. Americas Smart Education Market: An Analysis
8.1 Americas Smart Education Market: Size and Forecast (2015-2025)
8.2 Americas Economic and industrial Statistics
8.3 Americas Smart Education Market- Prominent Companies
8.4 Market Segmentation By Component (Hardware, Software & Service)
8.5 Market Segmentation By End User (Academics and Corporate)
8.6 Americas Smart Education Market: Country Analysis
8.7 Market Opportunity Chart of America Smart Education Market - By Country, By Value (Year-2025)
8.8 Competitive Scenario of America Smart Education: By Country (2019 & 2025)
8.9 United States Smart Education Market: Size and Forecast (2015-2025)
8.10 United States Smart Education Market Segmentation By Component, By End User (2015-2025)
8.11 United States Economic and Industrial Statistics
8.12 Canada Smart Education Market: Size and Forecast (2015-2025)
8.13 Canada Smart Education Market Segmentation By Component, By End User (2015-2025)
8.14 Canada Economic and Industrial Statistics
8.15 Mexico Smart Education Market: Size and Forecast (2015-2025)
8.16 Mexico Smart Education Market Segmentation By Component, By End User (2015-2025)
8.17 Mexico Economic and Industrial Statistics
8.18 Brazil Smart Education Market: Size and Forecast (2015-2025)
8.19 Brazil Smart Education Market Segmentation By Component, By End User (2015-2025)
8.20 Brazil Economic and Industrial Statistics
9. Europe Smart Education Market: An Analysis
9.1 Europe Smart Education Market: Size and Forecast (2015-2025)
9.2 Europe Economic and industrial Statistics
9.3 Europe Smart Education Market- Prominent Companies
9.4 Market Segmentation By Component (Hardware, Software & Service)
9.5 Market Segmentation By End User (Academics and Corporate)
9.6 Europe Smart Education Market: Country Analysis
9.7 Market Opportunity Chart of Europe Smart Education Market - By Country, By Value (Year-2025)
9.8 Competitive Scenario of Europe Smart Education: By Country (2019 & 2025)
9.9 Germany Smart Education Market: Size and Forecast (2015-2025)
9.10 Germany Smart Education Market Segmentation By Component, By End User (2015-2025)
9.11 Germany Economic and Industrial Statistics
9.12 France Smart Education Market: Size and Forecast (2015-2025)
9.13 France Smart Education Market Segmentation By Component, By End User (2015-2025)
9.14 France Economic and Industrial Statistics
9.15 United Kingdom Smart Education Market: Size and Forecast (2015-2025)
9.16 United Kingdom Smart Education Market Segmentation By Component, By End User (2015-2025)
9.17 United Kingdom Economic and Industrial Statistics
10. Asia Pacific Smart Education Market: An Analysis
10.1 Asia Pacific Smart Education Market: Size and Forecast (2015-2025)
10.2 Asia Pacific Economic and industrial Statistics
10.3 Asia Pacific Smart Education Market- Prominent Companies
10.4 Market Segmentation By Component (Hardware, Software & Service)
10.5 Market Segmentation By End User (Academics and Corporate)
10.6 Asia Pacific Smart Education Market: Country Analysis
10.7 Market Opportunity Chart of APAC Smart Education Market - By Country, By Value (Year-2025)
10.8 Competitive Scenario of APAC Smart Education: By Country (2019 & 2025)
10.9 China Smart Education Market: Size and Forecast (2015-2025)
10.10 China Smart Education Market Segmentation By Component, By End User (2015-2025)
10.11 China Economic and Industrial Statistics
10.12 Japan Smart Education Market: Size and Forecast (2015-2025)
10.13 Japan Smart Education Market Segmentation By Component, By End User (2015-2025)
10.14 Japan Economic and Industrial Statistics
10.15 India Smart Education Market: Size and Forecast (2015-2025)
10.16 India Smart Education Market Segmentation By Component, By End User (2015-2025)
10.17 India Economic and Industrial Statistics
11. Global Smart Education Market Dynamics
11.1 Global Smart Education Market Drivers
11.2 Global Smart Education Market Restraints
11.3 Global Smart Education Market Trends
12. Market Attractiveness
12.1 Market Attractiveness Chart of Global Smart Education Market - By Component (Year 2025)
12.2 Market Attractiveness Chart of Global Smart Education Market - By End User (Year 2025)
12.3 Market Attractiveness Chart of Global Smart Education Market - By Region, Year-2025)
13. Competitive Landscape
13.1 Market Share of global leading companies
13.2 SWOT Analysis
13.3 Porter's Five Force Analysis
14. Company Profiles (Business Description, Financial Analysis, Business Strategy)
14.1 Boxlight Corp.
14.2 Blackboard Inc.
14.3 Cisco Systems
14.4 Pearson
14.5 Adobe Inc.
14.6 Smart Technologies Inc.
14.7 Ellucian
14.8 Instructure, Inc
14.9 Educomp Solutions Ltd
14.10 NIIT Limited
14.11 Saba Software Inc.
List of Figures
Figure 1: Global Ultrasonic Flow Meter Market Size, By Value, 2015-2019 (USD Million)
Figure 1: Global Smart Education Market Size, By Value, 2015-2019 (USD Billion)
Figure 2: Global Smart Education Market Size, By Value, 2020-2025 (USD Billion)
Figure 3: Global Smartphone subscribers 2014-2018 (in million)
Figure 4: Global GDP growth (annual %), 2014-2018
Figure 5: Global Urban Population, 2014-2018 (% of total)
Figure 6: Global Internet Penetration Rate By region, 2019 (%)
Figure 7: Global GDP Growth, By Sector, 2018 (In %)
Figure 8: Advanced education technology expenditure 2018 & 2025, (USD Billion)
Figure 9: Global IT industry growth rate, 2014-2019
Figure 10: Global Education expenditure, (USD Trillions)
Figure 11: Worldwide Information Technology Spending Forecast, 2017-2020 (USD Billion)
Figure 12: Global Information technology spending on enterprise software, 2014-18 (USD Billion)
Figure 13: Smart Phone Market Penetration by Leading Countries (In %), 2019
Figure 14: Global Total Population (Billion), 2014-18
Figure 15: Global Smart Education Market- By Component Market Share, 2019 & 2025
Figure 16: Global Smart Education Market- By Hardware, By Value (USD Billion), 2015-2025
Figure 17: Global Smart Education Market- By Software, By Value (USD Billion), 2015-2025
Figure 18: Global Smart Education Market- By Service, By Value (USD Billion), 2015-2025
Figure 19: Global Smart Education Market- By end User Market Share, 2019 & 2025
Figure 20: Global Smart Education Market- By Academics, By Value (USD Billion), 2015-2025
Figure 21: Global Smart Education Market- By Academics Subsegment, By Value (USD Billion), 2015-2025
Figure 22: Global Smart Education Market- By Corporate, By Value (USD Billion), 2015-2025
Figure 23: Global Smart Education Market- By Corporate Subsegment, By Value (USD Billion), 2015-2025
Figure 24: Global Smart Education Market- By Region Market Share, 2019 & 2025
Figure 25: Americas Smart Education Market Size, By Value, 2015-2025 (USD Billion)
Figure 26: North America Population subscribed to Mobile Services (%)
Figure 27: North America GDP, 2013-2018 (USD T)
Figure 28: North America Urban Population, 2013-2018 (% of total Population)
Figure 29: North America Smart Phone adoption rate (%)
Figure 30: Latin America annual GDP growth rate (%), 2014-18
Figure 31: North America's spending on IT services, 2014-19 (USD Billion)
Figure 32: Americas Smart Education Market- By Component, By Value (USD Billion), 2015-2025
Figure 33: Americas Smart Education Market- By End User, By Value (USD Billion), 2015-2025
Figure 34: Market Opportunity Chart of Americas Smart Education Market- By Country, By Value (Year-2025)
Figure 35: Americas Smart Education Market- By Country Market Share, 2019 & 2025
Figure 36: United States Smart Education Market Size, By Value, 2015-2025 (USD Billion)
Figure 37: United States Smart Education Market- By Component, By Value (USD Billion), 2015-2025
Figure 38: United States Smart Education Market- By End User, By Value (USD Billion), 2015-2025
Figure 39: Internet user penetration in United States, (2017-2023)
Figure 40: U.S EdTech Sector Segments (%)
Figure 41: U.S Smartphone user penetration, by age, 2018
Figure 42: United States Urban Population (% of Total Population)
Figure 43: Canada Smart Education Market Size, By Value, 2015-2025 (USD Billion)
Figure 44: Canada Smart Education Market- By Component, By Value (USD Billion), 2015-2025
Figure 45: Canada Smart Education Market- By End User, By Value (USD Billion), 2015-2025
Figure 46: Canada Urban Population (% of Total Population)
Figure 47: Canada Gross Domestic Product Growth Rate (%), 2014-18
Figure 48: Smartphone User Penetration in Canada, By Age Group, 2014 and 2018
Figure 49: Mexico Smart Education Market Size, By Value, 2015-2025 (USD Billion)
Figure 50: Mexico Smart Education Market- By Component, By Value (USD Billion), 2015-2025
Figure 51: Mexico Smart Education Market- By End User, By Value (USD Billion), 2015-2025
Figure 52: Internet user penetration in Mexico, (2017-2023)
Figure 53: Mexico GDP (USD Trillion), 2014-2018
Figure 54: Share of mobile phone users that used a smartphone, 2015-2019
Figure 55: Mexico Urban Population (% of Total Population)
Figure 56: Brazil Smart Education Market Size, By Value, 2015-2025 (USD Billion)
Figure 57: Brazil Smart Education Market- By Component, By Value (USD Billion), 2015-2025
Figure 58: Brazil Smart Education Market- By End User, By Value (USD Billion), 2015-2025
Figure 59: Smartphone users in Brazil (Millions), (2014-2019)
Figure 60: Brazil GDP (USD Trillion), 2014-2018
Figure 61: Brazil's Employment rate (%), 2015-2019
Figure 62: Brazil Urban Population (% of Total Population)
Figure 63: Europe Smart Education Market Size, By Value, 2015-2025 (USD Billion)
Figure 64: Number of Smartphone Users in Western Europe, 2014-2019 (in million)
Figure 65: Europe GDP Growth rate, 2014-2018 (%)
Figure 66: Smart Device Penetration in Europe, By Countries (million units)
Figure 67: Europe Smart Education Market- By Component, By Value (USD Billion), 2015-2025
Figure 68: Europe Smart Education Market- By End User, By Value (USD Billion), 2015-2025
Figure 69: Market Opportunity Chart of Europe Smart Education Market - By Country, By Value (Year-2025)
Figure 70: Europe Smart Education Market- By Country Market Share, 2019 & 2025
Figure 71: Germany Smart Education Market Size, By Value, 2015-2025 (USD Billion)
Figure 72: Germany Smart Education Market- By Component, By Value (USD Billion), 2015-2025
Figure 73: Germany Smart Education Market- By End User, By Value (USD Billion), 2015-2025
Figure 74: Germany Gross Domestic Product Growth Rate (%), 2014-18
Figure 75: Number of Internet Users in Germany, 2014-2019 (in million)
Figure 76: Germany Software & Service sales Revenue (Billion Euro)
Figure 77: Germany Urban Population(% of Total Population)
Figure 78: France Smart Education Market Size, By Value, 2015-2025 (USD Billion)
Figure 79: France Smart Education Market- By Component, By Value (USD Billion), 2015-2025
Figure 80: France Smart Education Market- By End User, By Value (USD Billion), 2015-2025
Figure 81: Penetration of Smartphone in France, 2014-2019 (%)
Figure 82: France Gross Domestic Product Growth Rate (%), 2014-18
Figure 83: France Urban Population (% of Total Population)
Figure 84: United Kingdom Smart Education Market Size, By Value, 2015-2025 (USD Billion)
Figure 85: U.K Smart Education Market- By Component, By Value (USD Billion), 2015-2025
Figure 86: U.K Smart Education Market- By End User, By Value (USD Billion), 2015-2025
Figure 87: United Kingdom Urban Population (% of Total Population)
Figure 88: U.K Gross Domestic Product Growth Rate (%), 2013-18
Figure 89: UK Smartphone Penetration, By Age Group 2014-2018 (%)
Figure 90: Asia Pacific Smart Education Market Size, By Value, 2015-2025 (USD Billion)
Figure 91: Penetration of Internet Users in Asia Pacific, 2014-2018 (% of total population)
Figure 92: Smartphone User Penetration in Asia-Pacific, 2014-2018 (%)
Figure 93: Spending on IT services in APAC (USD Billion), 2014-2019
Figure 94: Revenue of public cloud computing In APAC region, By SaaS Model, (2015-2019)
Figure 95: Asia Pacific Smart Education Market- By Component, By Value (USD Billion), 2015-2025
Figure 96: Asia Pacific Smart Education Market- By End User, By Value (USD Billion), 2015-2025
Figure 97: Market Opportunity Chart of APAC Smart Education Market- By Country, By Value (Year-2025)
Figure 98: APAC Smart Education Market- By Country Market Share, 2019 & 2025
Figure 99: China Smart Education Market Size, By Value, 2015-2025 (USD Billion)
Figure 100: China Smart Education Market- By Component, By Value (USD Billion), 2015-2025
Figure 101: China Smart Education Market- By End User, By Value (USD Billion), 2015-2025
Figure 102: China Education Market (USD Trillion), 2015-2019
Figure 103: Per capital spending on education, culture and entertainment in China (RMB)
Figure 104: Spending on school education vs spending on after-school education (%)
Figure 105: Penetration of Internet Users in China, 2014-2018 (%)
Figure 106: Number of Internet Users in China, 2014-2018 (in million)
Figure 107: Penetration of Internet Users in China, By Age Group 2014-2018 (in Million)
Figure 108: Japan Smart Education Market Size, By Value, 2015-2025 (USD Billion)
Figure 109: Japan Smart Education Market- By Component, By Value (USD Billion), 2015-2025
Figure 110: Japan Smart Education Market- By End User, By Value (USD Billion), 2015-2025
Figure 111: Penetration of Internet Users in Japan, 2014-2018 (%)
Figure 112: Number of Internet Users in Japan, 2014-2018 (in million)
Figure 113: Japan Percentage of Urban Population,2013-2017 (In %)
Figure 114: Japan GDP annual Growth Rate (%), 2014-2018
Figure 115: India Smart Education Market Size, By Value, 2015-2025 (USD Billion)
Figure 116: India Smart Education Market- By Component, By Value (USD Billion), 2015-2025
Figure 117: India Smart Education Market- By End User, By Value (USD Billion), 2015-2025
Figure 118: Penetration of Internet Users in India, 2014-2018 (%)
Figure 119: India IT spending by segment (USD B), 2014-18
Figure 120: India's Urban Population (% of Population), 2014-2018
Figure 121: India GDP annual Growth Rate (%), 2014-2018
Figure 122: Market Attractiveness Chart of Global Smart Education Market- By Component (Year-2025)
Figure 123: Market Attractiveness Chart of Global Smart Education Market- By End User (Year-2025)
Figure 124: Market Attractiveness Chart of Global Smart Education Market- By Region, By Value, (Year-2025)
Figure 125: Market Share of Leading companies of Education Technology & Smart classroom, 2018
Figure 126: Education applications market shares split by leading educational vendors and others, 2018
Figure 127: Market share of leading companies of smart education and learning, 2019
Figure 128: Boxlight Annual Sales Revenue, 2016-2019 (USD Million)
Figure 129: Boxlight Gross Profit, 2016-2019 (USD Million)
Figure 130: Cisco Annual Sales Revenue, 2015-2019 (USD Billion)
Figure 131: Cisco Net Income, 2015-2019 (USD Billion)
Figure 132: Cisco Sales Revenue, By Business Segment (%), FY2019
Figure 133: Cisco Sales Revenue, By Geographical Segment (%), FY2019
Figure 134: Pearson Annual Sales Revenue, 2015-2019 (USD Million)
Figure 135: Pearson Operating Profit/Loss, 2015-2019 (USD Million)
Figure 136: Pearson Sales Revenue, By Business Segment (%), FY2019
Figure 137: Pearson Sales Revenue, By Geographical Segment (%), FY2019
Figure 138: Adobe Annual Sales Revenue, 2015-2019 (USD Million)
Figure 139: Adobe Net Income, 2015-2019 (USD Million)
Figure 140: Adobe Sales Revenue, By Business Segment (%), FY2019
Figure 141: Adobe Sales Revenue, By Geographical Segment (%), FY2019
Figure 142: Instructure Annual Sales Revenue, 2015-2019 (USD Million)
Figure 143: Instructure Gross Profit, 2015-2019 (USD Million)
Figure 144: Instructure Sales Revenue, By Business Segment (%), FY2019
Figure 145: Instructure Sales Revenue, By Geographical Segment (%), FY2019
Figure 146: Educomp Solutions Annual Sales Revenue, 2015-2016 (USD Million)
Figure 147: Educomp Solutions Net Profit (Loss), 2015-2016 (USD Million)
Figure 148: Educomp Solutions Sales Revenue, By Business Segment (%), FY2016
Figure 149: Educomp Solutions Sales Revenue, By Geographical Segment (%), FY2016
Figure 150: NIIT Annual Sales Revenue, 2015-2019 (USD Million)
Figure 151: NIIT Net Profit, 2015-2019 (USD Million)
Figure 152: NIIT Sales Revenue, By Business Segment (%), FY2019
Figure 153: NIIT Sales Revenue, By Geographical Segment (%), FY2019
List of Tables
Table A: Prominent Smart Education companies operating in American Market
Table B: Prominent Smart Education companies operating in European Market
Table C: Prominent Smart Education companies operating in APAC Market
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