Global Smart Education Software Market Overview:
Smart educational software is the developmental and non-developmental software which is precisely used for education. Further, it also reflects on the technical and instructional design for developing the educational application. The education software allows to create a virtual study platform for students to provide the better and humongous criteria of related subjects for study. Moreover, this software can also enable students to gather information as data from outer space can now be utilized which otherwise would have been impossible, time-consuming or costly. The global smart education software market is anticipated to witness a high growth owing to growing adoption of e-learning across the globe. Some of the players profiled in the study are IBM (United States), Samsung Group (South Korea), Dell (United States), Blackboard (United States), Neusoft (China), Instructure (United States), Tyler Technologies (United States), Discovery Communications Inc (United States), Fujitsu (Japan) and Jenzabar (United States). According to Market Analyst at AMA, the Global Smart Education Software market may see a growth rate of 16.7%
On the basis of geography, the market of Smart Education Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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). North America region held largest market share in the year 2020. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Deployment Mode, the sub-segment i.e. On-Premises will boost the Smart Education Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Growing Adoption of E-Learning
- Government Initiatives in Smart Education Software Market
Influencing Trend
- The Increasing Penetration of Internet Worldwide
- Increasing Number of Mobile Learning Applications
Restraints
- Dearth of Resources and Infrastructure in Developing Markets
Opportunities
- Technological Advancement in the Field of Smart Education Software
- Increase in Virtual Schools
Challenges
- Absence of Learner Motivation and Credibility of the Vendor
Key Market Developments:
On 28 Nov, 2018, Blackboard today announced the launch of Blackboard SafetyList, a crisis management response platform that helps school district leaders coordinate the internal teams responsible for preparing for and managing safety and security incidents and On 1 Nov, 2018, Blackboard Inc. announced the new features and enhancements for Blackboard Learn with the Ultra experience
Target Audience:
Smart Education Software Providers, Suppliers of Smart Education Software Services, Software Solution Providers, Educational Institutions, Governmental Bodies and Research Firms
Major Objectives Focused through this Study
To define, describe, and forecast the Global Smart Education Software market on the basis of product [K-12 Educational Software, University Education Software and Adult Education Software] , application [Household, School and Distance Education], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Smart Education Software market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Smart Education Software industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Promethean World (United States), Ellucian (United States) and Pearson (United Kingdom).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Smart Education Software market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. 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, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.