Increase in demand for dynamic interactive learning system is the major factor for growth of smart classroom market. In addition, rise in use of mobile learning applications and surge in adoption of online learning facilities across the globe are anticipated to supplement the market growth.
However, high implementation and maintenance cost of devices required for smart classrooms act as restrains factor for the smart classroom market. Lack of awareness about benefits of smart classrooms, especially in developing nations also hampers growth of the market.
Furthermore, rise in use of internet of things (IoT) and other innovative technologies in the education sector is expected to provide lucrative opportunities for the market.
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Governments in developing nations such as India are willing to support innovative education practices. For instance, government school teachers in India have been receiving training to use interactive boards, tablets, and apps while teaching.
According to human resource development ministry they have set a target of creating nearly 3 lakh smart classrooms by 2023 in government schools at the cost of Rs 2.4 lakh per classroom, which is expected to boost the smart classroom market growth. Apart from government schools, private sector is also adopting smart class rooms to improve teaching process to make it more interactive.
North America is expected to have the largest market share during the forecast period, owing to presence of big market players in the region. In addition, countries in these regions are the most advanced in the terms of technologies.
In addition, Asia-Pacific is also expected to witness a significant growth, owing to adoption of government programs to support education among emerging countries.
Major players include: Apple, Blackboard, Cisco Systems Inc., Discovery Communication, Dell, Dynavox Mayer-Johnson, Fujitsu Limited, HP, IBM, Jenzabar, Microsoft, Panasonic, and Toshiba.
Key benefits of the report:
- This study presents the analytical depiction of the global smart classroom market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Smart classroom market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global smart classroom market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed smart classroom market analysis based on the present and future competitive intensity of the market.
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