During recent years, high growth in the education segment has been witnessed. Ongoing technological advancement around the educational sector has assumed rise to education technology and smart classrooms that are substituting the traditional classroom teaching approach. Educational institutes are aimed towards adopting fresh advanced teaching approaches that comprise white boards, projectors, and smart notebooks etc. Technology employment in the classroom develops the understanding of students and also escalates student to learn new technology. Unlike traditional approaches, education technology and smart classrooms manners is not bounded by number of hours, location and attendance. The education technology and smart classroom market is distinct as the combination of educational products, learning modes and applications. This market is still at the nascent stage as only large institutions are receptive towards the newest technological change.
According to the report analysis, ‘Global Education Technology (Ed Tech) and Smart Classrooms Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use’ states that Apple, Cisco Systems Inc, Dell, Discovery Communication, Fujitsu Limited, HP, Blackboard, IBM, Jenzabar, Lenovo, Microsoft, Panasonic, Promethean, SABA, Smart Technologies, Toshiba, Dynavox Mayer-Johnson and many more are the foremost corporates which recently functioning in the global education technology (Ed Tech) and Smart Classrooms market more significantly for leading the highest market growth and registering the great value of market share around the globe in the present scenario while improving the qualitative and quantitative measures of such, delivering the better consumer satisfaction, analysing the strategies and policies of the government as well as corporates, implementing the policies of the enlargements and profit making, establishing the several research and development programs, employing the young and active employers, decreasing the linked prices of such, spreading the awareness connected to the applications of such and increasing the applications of such.
The major factors propelling the growth of the EdTech and smart classroom market include growing penetration of mobile devices and relaxed availability of internet users, and increasing requirement for EdTech solutions, impression of COVID-19 pandemic and increasing the online teaching-learning models to keep running education system.
In addition, the effective growth in investment in the education segment by governments is the principal driver of the worldwide education technology (Ed Tech) and smart classroom market. The efficiency of education in eradicating inequality and poverty has been recognized by regions across the globe hence they are keen on contributing in technologies that hold potential of proliferating education across remote locations. Besides this, novel technologies such as smart classroom that encourage the interactive education and knowledge sharing, eradicating geographic limitations, are likely to observe the high requirement in the forthcoming years.
Not only has this, the ease of utilization and teaching proposed by the Ed Tech and smart classroom technology is the principal factor propelling its requirement. Besides this, the market is also obtaining from the increasing technological awareness and expanding internet penetration around the globe. Furthermore, with regions adopting digital and e-learning education solutions in order to encourage the literacy among masses, the requirement for Ed Tech and smart classroom will augment during the near future.
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Global Education Technology (Ed Tech) and Smart Classrooms Market
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