Smart Teaching and Learning Market- Growing Need for Learning Analytics Applications
Global smart teaching and learning market worth
$190.0 billion in 2015
As per the research, the global smart teaching
and learning market is likely to grow from $190.0 billion in 2015 to $819.0 billion
by 2022. Organizations are rapidly adopting smart teaching and learning
products, regardless of the company size in order to provide effective and
interactive learning to their employees, however, the global market for smart
teaching and learning is dominated by academic segment. Usage of smart teaching
and learning products in corporate sector is generating competitive advantages.
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Smart teaching and learning products include
software, hardware, services and education content. Smart teaching and learning
software help education management to manage and reduce risk, provide ability
to improve efficiency by streamlining operations, ensure transparency for all
parties to the education value chain and provide the ability to track
institutional performance against its mission. Hence, schools as well as higher
education institutes are increasingly adopting smart teaching and learning
products to improve education outcomes.
Geographically, North America has been the
largest market for smart teaching and learning. It has been observed that the
academics and corporate markets for smart teaching and learning in North
America are increasingly adopting analytical solutions for data management.
Increasing adoption of analytical solutions is expected to drive the growth of
smart teaching and learning market in the U.S. The analytical solutions of this
market include learning management system, learning content management system,
student management system, employee management system, library management
system and others.
Major players offering software products for
smart teaching and learning market include Adobe Systems, Desire2Learn and
Educomp Solutions, while hardware providers include Samsung Electronics and
Smart Technologies. Services of smart teaching and learning solutions are being
offered by Cisco Systems, Smart Technologies and Samsung Electronics, and the
education content providers include Mc-Graw Hill Corporation and Pearson, PLC.
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