About Educational Hardware and Software
In this modern education system, advances have been made in instructional methods in the modern period. Students are motivated to learn deeper and ask for more. With the introduction of the internet, the education industry has undergone dramatic changes. In recent times, smart education has acquired significance and made possible several items that were unthinkable years ago, particularly with regard to educational issues concerning the personal comfort of teachers, and especially students. Visual learning using smart technologies serves the audience well by incorporating elements such as graphs, images, charts, and presentations that are not easily conveyed by classroom notes or text. Visualization allows students to use their imaginations, which develops their interest and motivates them to learn more. Smart learning uses smart boards that are capable of doing many things. This technology requires the creation of transparent worksheets that are simply placed under a camera for viewing on a smartboard. Computer monitors can also be displayed on smart boards. Thus increasing the market share.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Educational Hardware and Software market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
2U Inc., Byju’s, Cisco Systems Inc., Dell, Fujitsu (Japan), HP (United States), IBM (United States), Oracle (United States), Ellucian (United States), Microsoft (United States), SAP (Germany), EIVA (Denmark), Docebo (Canada) and Google (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Adobe (United States), Articulate (United States), ProProfs (United States), Blackboard, Inc. (United States), McGraw-Hill Education, Inc. (United States), Accord LMS (United States) and Mindflash Technologies (United States).
Segmentation Overview
AMA Research has segmented the market of Global Educational Hardware and Software market by , Application (Preschool, K-12, Higher Education and Others) and Region.
On the basis of geography, the market of Educational Hardware and Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Educational Software, the sub-segment i.e. Authoring System will boost the Educational Hardware and Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Educational Systems, the sub-segment i.e. Learning Management System (LMS) will boost the Educational Hardware and Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Educational Hardware, the sub-segment i.e. Interactive Whiteboards will boost the Educational Hardware and Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
At the cusp of a global transformation is the education market. In the age of digitization, robotics, and artificial intelligence (AI), traditional teaching methods are not the only alternative available to educate the students. Implementing technology in education enables schools and organizations to deliver creative solutions such as e-books, immersive content through Augmented Reality (AR)/Virtual Reality ( VR), and recognized university-accredited online courses.
Market Growth Drivers:
Lower Development Costs, Increasing Hardware and Connectivity and Increasing Demand for Digital Education
Challenges:
Lack of Adaptability for Government in Emerging Countries on A Large Scale and Lack of Professional Development
Restraints:
Changing the Culture of Teaching and Funding Limitations can Also Restrain the Market
Opportunities:
Growing Literacy Skills can be an Opportunity and Increasing Trend of Blended Technology
Market Leaders and their expansionary development strategies
On October 26, 2023, Language-learning app Duolingo and educational publisher McGraw-Hill Education formed a strategic partnership to develop new language-learning tools and resources for schools and universities. This collaboration aims to bridge the gap between traditional classroom learning and online language acquisition.
On December 12, 2023, Osmo launched its new Coding Starter Kit, designed to teach young children the basics of coding through hands-on activities and interactive games. This product aims to make coding fun and accessible for even the youngest learners.
Key Target Audience
Developers, Manufactures, Educational Sectors, Government Organizers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.