Edtech and Smart Classroom Market is forecasted to be more than US$ 234.41 Billion by the end of year 2027
iCrowd Newswire
01 May 2021, 09:07 GMT+10
According to our latest market study on Edtech and Smart Classroom Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Component (Hardware, Software, and Services), Deployment Type (On-Premises, Cloud, and Hybrid), and End-User (Upto K-12 and Higher Education), the market was valued at US$ 75.24 billionin 2019 and is projected to reach US$ 234.41 billionby 2027; it is expected to grow at a CAGR of 15.3% from 2020 to 2027.The report highlightskey factors driving the market growthand prominentplayers withtheir developments inthe market.
Cloud-based software solutions provide easy scalability and high operational flexibility to e-learning companies and institutions while reducing their overall costs and operational risks. Moreover, the ever-evolving cloud architecture and system algorithms, easy accessibility, and a
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“Edtech and Smart Classroom Market”
The adoption of various online programs and courses by schools, colleges, and universities fuels the growth of top edtech and smart classroom companies in the region. Countries such as the US, the UK, China, India, Japan, South Korea, and Australia are considered early adopters of edtech and smart classrooms.
According to our latest market study on “Edtech and Smart Classroom Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Component (Hardware, Software, and Services), Deployment Type (On-Premises, Cloud, and Hybrid), and End-User (Upto K-12 and Higher Education),” the market was valued at US$ 75.24 billion in 2019 and is projected to reach US$ 234.41 billion by 2027; it is expected to grow at a CAGR of 15.3% from 2020 to 2027. The report highlights key factors driving the market growth and prominent players with their developments in the market.
Europe EdTech and Smart Classroom Market Report 2020-2027: Acceptance of EdTech Solutions Increasing due to Cloud Based Solutions
March 04, 2021 07:33 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
Up to K-12 Segment to Dominate Europe EdTech and Smart Classroom Market during 2019-2027
Europe EdTech and Smart Classroom Market is expected to reach US$ 61,250.6 million by 2027 from US$ 20,571.2 million in 2019. The market is estimated to grow at a CAGR of 14.6% from 2020 to 2027.
The report provides trends prevailing in the Europe EdTech and smart classroom market along with the drivers and restraints pertaining to the market growth. Acceptance of EdTech solutions is increasing due to cloud based solutions and this is the major factor driving the growth of the Europe EdTech and smart classroom market. However, issues associated with improper awareness and setup investment costs hinders the growth of Europe
Up to K-12 Segment to Dominate Europe EdTech and Smart Classroom Market during 2019-2027
Europe EdTech and Smart Classroom Market is expected to reach US$ 61,250.6 million by 2027 from US$ 20,571.2 million in 2019. The market is estimated to grow at a CAGR of 14.6% from 2020 to 2027.
The report provides trends prevailing in the Europe EdTech and smart classroom market along with the drivers and restraints pertaining to the market growth. Acceptance of EdTech solutions is increasing due to cloud based solutions and this is the major factor driving the growth of the Europe EdTech and smart classroom market. However, issues associated with improper awareness and setup investment costs hinders the growth of Europe EdTech and smart classroom market.
Research and Markets: Europe EdTech and Smart Classroom Market Forecast to 2027: Coming Together of Latest Technologies for Enhanced Learning finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.