Global Smart Campus Market Overview:
Smart Campus is refer to describe educational institutions that use next-generation technologies for seamlessly and a well-architected infrastructure. This offer digitally connected institution to enhance the campus experience, providing accessible education anywhere and anytime and, drives operational efficiency. This type of offering helps institutes move towards a smart symbiosis using mobility, digitalization core, safety, security, and user experience by integrating artificial intelligence along with IoT. It uses advanced internet-connected devices and network infrastructure to provide supportive and engaging experiences for campus users.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Smart Campus Utilizes Smart Technologies That Enables Internet-Connected Devices to Provide Supportive and Engaging Experiences in The University Campuses
Market Growth Drivers:
Growing Need for Safe Environment, Smart Classes, and Infrastructure among The Institutions’ Departments, Increasing Awareness of Higher Education among The Society Need Alternative to Old Traditional Campus and Growing Demand for The Automation in Higher Education Sector
Challenges:
Market Presence with Numerous Players Pose a Challenge for Smart Campus
Restraints:
Regulatory Compliances and Standards Associated With the Education Systems and Software Concerning Smart Campus
Opportunities:
Surging Investment and Spending’s By Education Associations on Smart Infrastructure and Technology Will Boost the Smart Campus Market
Competitive Landscape:
Global Smart Campus Market fragmented with the presence of numerous players. Companies offering Digital Enablement Platform to redefine the campus service architecture. Many players use technologies like the Internet of Things (IoT), Cloud Computing, etc. to enhanced campus experience and provide well-architected infrastructure. Companies investing in launching new apps and enhancing the Smart Campus infrastructure.
Some of the key players profiled in the report are Siemens (Germany), Huawei Technologies Co., Ltd. (China), Deloitte (United Kingdom), L&T Technology Services Limited (India), Mindtree (India), ProcessMaker (United States), Anthology Inc. (United States), Infosys Limited (India), Zensors (United States), Verizon (United States), Delta Electronics, Inc. (China), Steerpath Ltd. (Finland) and Remark Holdings, Inc. (United States). Considering Market by Technology , the sub-segment i.e. The Internet of Things (IoT) will boost the Smart Campus market. Considering Market by Offering , the sub-segment i.e. Software as a Service (SaaS) will boost the Smart Campus market.
On June 8, 2021, Remark Holdings, Inc., a diversified global technology company with leading artificial intelligence ("AI") solutions and digital media properties, announced that its KanKan AI business has installed its Smart Campus system in more than 200 elementary and secondary schools in China. The system allows for seamless attendance management, epidemic prevention and control, energy management, campus access control, and notification of risky behaviors.
What Can be Explored with the Smart Campus Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Smart Campus Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Smart Campus
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Smart Campus market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Smart Campus market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Smart Campus Service Providers, Smart Campus Tools Developer, Research and Development Institutes, Smart Campus Potential Investors, Industry Associations, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.