Global Ed Tech and Smart Classrooms Market is Estimated to USD 93.76 Billion in 2020

Date: 2015-09-01

“Smart Classrooms/Ed tech is constantly growing with the latest advancements in technology and incredible innovations. This is rapidly changing the traditional way of learning and instructing. Nowadays, with the increase in the usage of tablets, laptops, e-readers, and smartphones, students are exposed to various educational technologies at an early age. Smart Classrooms/Ed Tech products and services are highly beneficial for students, instructors, and parents. Smart Classrooms facilitate the teaching and learning process to boost the students’ performance. It is coming up as one of the most propitious solutions used in education.

The Ed Tech and Smart Classroom market includes numerous hardware and system products according to the requirements of its end-users. This market is diversified and competitive in nature, with a large number of well-established market players, such as Microsoft, Blackboard Inc, Cisco systems, Dell Inc, Fujitsu Limited, HP, and IBM Corporation, along with mid-tier companies, such as Smart Technologies, Jenzabar, Dynavox Mayer-Johnson, and Dreambox Learning. However, the bigger firms in the market are increasingly acquiring small players in an attempt to expand their offerings all across the globe.

The Global Ed Tech and Smart Classrooms market is estimated grow from USD 43.27 billion in 2015 to USD 93.76 billion in 2020. North America (NA) is expected to experience a slow growth, though it is still expected to record high revenues.  

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