The smart learning and education market is experiencing significant growth, projected to achieve a CAGR of approximately 24% from 2020 to 2030, driven by the increasing adoption of online learning tools and technologies such as smart whiteboards and reliable internet connectivity. The COVID-19 pandemic accelerated the shift from traditional to smart learning environments, with educators incorporating digital learning technologies to enhance engagement. Key markets include North America and the Asia Pacific, with major contributors being platforms like Vedantu and Byju's, alongside well-established companies like Oracle and IBM.

1. Growing Adoption of Apps for Online
Learning Sets Tone for Smart Learning &
Education Market: Transparency Market
Research
- Smart whiteboards and technologies enhance remote learning, reliable net
connectivity and smartphones key enablers for adoption
- Smart learning & education market to clock an impressive CAGR of ~24%
during 2020-2030, versatile learning environments picks up pace with user-
centric tools
NEWS PROVIDED BY
Transparency Market Research Pvt. Ltd
Jul 08, 2021, 11:30 ET

ALBANY, N.Y., July 8, 2021 /PRNewswire/ -- Smart Learning & Education Market: Broad
Contours
Smart learning & education has paved way to personalized e-learning tools. Smart
learning in education isn't a new trend, but educators have been at it for quite some
time now. Learning management systems for corporate learning has contributed
greatly to the market growth. Surprisingly, traditional learning was thrown out of gear
amid Covid-19.
Children and adults with variety of learning needs showed proclivity, albeit to varying
  

2. degrees, toward using smart learning platforms to stay on the course of learning.
Solutions and services for online learning platforms proliferated in just few months,
churning out incredible avenues for companies and institutes in the smart learning &
education market.
Rapid adoption of new technologies that enable professors and student break away
from traditional paradigm, such as smart projectors, are unlocking new opportunities
for players in the smart learning & education market. Further, in economies where
remote learning has emerged as a better option, such as in the Middle East, demands
have soared. On the back of these factors, the smart learning and education market is
expected to clock CAGR of ~24% during 2020-2030.
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Key Findings of Smart Learning & Education Market Study
Educators Adopt Smart Learning Tools to Enrich Online Learning: Digital learning
technologies have made rapid penetration in education, notably vocational
learning. The smart learning & education market has made some promising strides
on the back of this technology trend. Smart learning tools are becoming an
integral part of sustainable learning environments. An instance is the growing
traction of self-paced learning among learners and students. Education delivery
institutes and universities have increasingly emphasized on the adoption of smart
learning platforms. As a result, professors are leveraging whiteboards that are
equipped with camera technologies to make learning more interactive.
Internet Penetration Key Accelerant: The initial acceleration for breaking away
from the traditional mold in delivering learning materials had come from the
presence of reliable and fast networks and internet technologies. High-speed
internet has enabled educators connect several students from across the world
and make learning more conversational. The demand in the smart learning and
education market has been spurred by growing preference of learning materials
for students looking for competitive exams, such as for JEE/NEET.


3. A great deal of the growth impetus has come from institutes who offer continuing
education remotely. Many of these organizations in the education sectors have been
early adopters of products in smart learning and education market. Teachers have been
markedly exhorted to switch to smart learning tools. The drive for personalized learning
tools will open up new horizons.
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Smart Learning & Education Market: Key Drivers
Focus on delivering sustainable learning environments is a key driver for smart
learning
Need for continuity of educational programs during Covid-19 offered a huge push
to adoption of online learning tools
Online tutoring platform companies spend sizably on tapping into demand from
emerging economies
Smart Learning & Education Market: Key Geographies with Promising Avenues
North America has remained as a remarkably lucrative geography in the smart
learning & education market
The dazzling pace of digitalization in education sector, supported by respective
governments, has fueled revenue generation in the U.S.
Asia Paci몭c is emerging as a region with incredible avenues
A key accelerant has come from the massive adoption of mobile devices
particularly smartphones
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4. Smart Learning & Education Market: Key Participants
Over the years, the smart learning and education market has been enriched by the
proliferating numbers of propriety software and 몭rmware. Vedantu and BYJU's have
been pioneers in tapping this avenue in emerging markets. Some of the well-
entrenched players in the market are:
Unit4 N.V.
Smart Technologies
InFocus Corporation
Oracle Corporation
EduComp Solutions
IBM Corporation
Ellucian Co. LP
Cisco Systems, Inc.
Vedantu
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material for business reports.

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