Smart Learning Market Set for Rapid Expansion

1. Smart Learning Market Set for Rapid Expansion: Projected CAGR of 18.3% to Reach USD 155.2 Billion by 2029 According to a research report "Smart Learning Market by Offering (Hardware, Solutions (Integrated Solutions and Standalone Solutions), and Services), Learning Type (Synchronous Learning and Asynchronous Learning), End User and Region - Global Forecast to 2029" According to a report by MarketsandMarkets, the smart learning market is projected to grow at a compound annual growth rate (CAGR) of 18.3% from USD 67.1 billion in 2024 to USD 155.2 billion by 2029. Government expenditures on educational technology and digital infrastructure are major factors propelling the market for smart learning. Governments everywhere are putting measures into place to update school systems and encourage lifelong learning. For example, the Saudi Arabian Vision 2030 effort and the American E-rate program both seek to enhance the use of smart learning technologies in higher education. These regulations guarantee that educational establishments possess the essential resources and assistance to incorporate cutting-edge learning technologies. The solution segment is projected to register the highest CAGR during the forecast period. In order to meet a range of educational needs and difficulties, the smart learning market's solutions sector offers a broad range of products, including standalone and integrated solutions. Solutions provide educational institutions with well-structured Enterprise Resource Planning (ERP) solutions that support instructors in creating better courses and effectively running classrooms and schools. Virtual classrooms are created by online education platforms, which free up teachers to oversee a vast student body without financial restrictions. Higher education and K–12 establishments consistently face challenges in managing diverse and intricate IT systems dispersed throughout the campus. By providing a common online learning platform, these software solutions facilitate collaboration among educational stakeholders. They also aid in content management and make it easier for all the components of the learning lifecycle to be integrated. Using SIS systems enables academic and business users to incorporate features like. The Asynchronous learning type segment contributed the largest market share in the smart learning market during the forecast period. It is possible to do asynchronous learning both online and offline. Courses offered asynchronously are those that are sent by email, the internet, or message boards found in online discussion forums. Students enrolled in this kind of learning are unable to raise questions in real time. Self-paced learning is an option for students that synchronous learning does not offer. Asynchronous learning platforms, like self-paced groups, discussion boards, and message boards, are offered by programs like Newrow Virtual Classroom, Pearson MyLab, SAP Learning Hub, and Adobe Captivate. Students can post questions and doubts on a central board or forum using message boards, and they can also leave comments on the responses. Based on region, Asia Pacific is projected to register the highest CAGR during the forecast period. With about 40% of the world's population living in Asia Pacific, the region is seeing a variety of smart learning technology applications. Due in large part to the growing economies of Australia, New Zealand, China, Japan, India, and China, smart learning is becoming increasingly popular

2. in the Asia Pacific area. China and Japan, in particular, are clearly leading this sector and using their superior technological capabilities to spur innovation. The implementation of digital infrastructure-supporting government initiatives is crucial in hastening the regional adoption of video conferencing technologies. With a positive outlook for the foreseeable future, Asia Pacific presents a favorable environment for increased growth prospects. List of Top Smart Learning Market Companies Important players like IBM (US), Samsung (South Korea), Adobe (US), Anthology (US), SMART Technologies (Canada), Oracle (US), SAP (Germany), Microsoft (US), Cornerstone OnDemand (US), Pearson (UK), BenQ (Taiwan), Google (US), McGraw Hill (US), Cisco (US), Huawei (China), D2L (Canada), Ellucian (US), Alphabet (Alphabet Inc), Upside LMS, Edsys (India), echo360 (US), Knowledge Anywhere (US), Instructure (US), SkyPrep (Canada), Paradiso Solutions (US), and Latitude CG (US) are among the prominent players profiled in the report. About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan Salgarkar MarketsandMarkets Inc. 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445 USA : 1-888-600-6441 sales@marketsandmarkets.com