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Smart Education Software Market to Grow at 16.76% CAGR to 2020
|By PR Newswire
|September 22, 2016 08:30 AM EDT
PUNE, India, September 22, 2016 /PRNewswire/ --
The global smart education software market 2016-2020 report says emergence of m-education is a recent trend gaining traction in the market while increase in adoption of mobile phone and tablets by students and parents has led to the rise of m-learning methods. Vendors in developed countries such as the US and the UK are adopting m-learning methods to provide users with real-time access to educational content when required. Many emerging countries such as India, New Zealand, and countries in the Middle East and Africa are amending their educational structure and policies to create a technology-driven learning environment.
Complete report on smart education software market spread across 59 pages, analyzing 4 major companies and providing 27 data exhibits now available at http://www.reportsnreports.com/reports/687930-global-smart-education-software-market-2016-2020.html.
The analysts forecast global smart education software market to grow at a CAGR of 16.76% during the period 2016-2020. According to the smart education software market report, rise in the use of analytical applications is a key driver contributing to this market's growth. Globally, the education industry is using analytics to determine ways to improve the quality of education and enhance the performance of students and improve administrative activities at schools. Universities are applying various analytical tools to analyze data while drawing out patterns and trends to understand critical phenomena, such as student dropout rates.
The global smart education software by content was the largest segment in the smart education software market and was valued at more than $5 billion in 2015. The content industry is primarily driven by the sustainability of the digital publishing model and developments in technological capabilities. The education sector is increasingly shifting towards digital books because of content flexibility, accessibility, and greater scope for interactive content like multimedia enabled by digital educational platforms.
North America accounted for about 46% of the total share of the market and dominated the smart education software industry during 2015. This mainly attributes to the availability of adequate infrastructure and the increased adoption of technologies in educational institutions in this region. Moreover, the adoption of gadgets like e-readers, tablets, laptops, coupled with the availability of uninterrupted internet also contributes to the smart education software market growth in this region.
The following companies are the key players in the global smart education software market: Blackboard, Educomp Solutions, Instructure, and Knewton. Other prominent vendors in the market are: Adobe Systems, Cisco Systems, Cornerstone, D2L, Ellucian, NIIT, Oracle, Saba Software, SAP, and Scholastic. Order a copy of Global Smart Education Software Market 2016-2020 report @ http://www.reportsnreports.com/purchase.aspx?name=687930.
Global Smart Education Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. To calculate the market size, the report considers the revenue generated from the sales of key software tools and technologies that are essential to implement and run a smart classroom.
Another related report is Global Education Hardware Market 2016-2020, a key growth driver is the availability of collaborative classrooms. To prepare students with job-related skills while competing against other students, institutions have started relying on interactive and individualized learning experiences driven by new technologies. Many educational institutions have realized the benefits of digital learning and connectivity by adopting digital textbooks that help students visualize and interact with complex concepts. There are also apps and platforms that adapt to the level of individual student knowledge. Browse complete report @ http://www.reportsnreports.com/reports/543834-global-education-hardware-market-2016-2020.html.
Explore other new reports on IT & Telecommunication Market @ http://www.reportsnreports.com/market-research/information-technology/.
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