About Interactive Response Systems
Interactive response systems, which is also commonly known as student response systems, help in integrating IT into daily classroom activities so as to ensure consistent as well as seamless interactions during lectures. Interactive response systems not only expand traditional teaching: they form the core of the teaching dynamics. Interactive response systems are designed to help students explore, organize, integrate, and expand their knowledge. Students get their primary access to new material from textbooks, multimedia, and other resources outside of class. The acceptance of the intelligent learning environment for students in institutes is increasing day by day due to the advantages of modern educational technologies. The student response system is one such solution. In the present scenario, numerous advantages of using a student response system in the classroom facilitate the growth of the student response system market. The student response system can also improve student attention during lectures and increase student engagement with the course. In addition, the student response system is an active mode for formative assessment. The student response system also increases professor-to-student interaction. The student response system can be used to include active learning.
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 United States Vendors will contribute the maximum growth to Global Interactive Response Systems 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.
Dell (United States), Macmillan Learning (United States), Option Technologies Ltd. (United States), Promethean World (United States), SMART Technologies (Canada), Top Hat (Canada), Turning Technologies (United States), ELMO USA CORP. (United States), kp1 (Australia), BOXLIGHT (United States) and QOMO (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 Qwizdom (United States).
Segmentation Overview
AMA Research has segmented the market of Global Interactive Response Systems market by Type (Common Response System and Personal Response System), Application (K-12 Education, High School and Higher Education) and Region.
On the basis of geography, the market of Interactive Response Systems 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). If we see Market by Components, the sub-segment i.e. Software will boost the Interactive Response Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment Type, the sub-segment i.e. Cloud-Based will boost the Interactive Response Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Increase in the Standard Of Living of the Middle-Income Population, Growth in M-Learning and Increase in the Use of the Intelligent Devices in Educational Institutes
Market Growth Drivers:
Rising Adoption of Cloud-Based Solutions, The Increasing Number of Smart Schools, Institutes, and Organizations, The Growth of the Educational Infrastructure and The Need for Increasing Interaction between Student and Teacher
Challenges:
Lack of Technical Skills in Instructors
Restraints:
Threat from Web-Based Student Response Systems and Active Learning Platforms and High Cost of Implementation
Opportunities:
A Rise in Adoption of Distribution Models by Educational Institutions, Advancement in the Communication Technologies and Governments Are Taking Innovative Steps towards the Transformation of the Conventional Schools into the Smart Schools
Market Leaders and their expansionary development strategies
In May 2023, RTD has introduced predicted arrival times into its Next Ride interactive voice response (IVR) system, enabling customers to call the agency’s Customer Care number and hear when any fixed-route bus or train is expected to arrive at a specific stop., and The improved technology replaces the scheduled stop times that previously were provided when RTD customers called Customer Care, at 303.299.6000, to locate a vehicle in real time. Scheduled times are not useful when service deviates because of an issue or disruption
In November 2020, Intermedia, a leading provider of unified communications and collaboration solutions to businesses and the partners that serve them, launched of "Easy-IVR," an intuitive, wizard-based tool that allows businesses to build interactive voice response systems (IVRs) in a fraction of the time it normally takes – all with little to no assistance. IVR is a technology that allows incoming callers to navigate a phone system before talking to a live agent. Easy-IVR is offered as part of Intermedia Contact Center's Pro and Elite packages, the cloud contact center software that is helping businesses of all sizes to deliver more informed, efficient, and responsive customer service and support.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Providers of Interactive Response Systems, Venture Capitalists and Private Equity Firms and End-Use Industry
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.