Global Smart Learning Device Market Report 2022: Growing demand for personalized fuel for education – Yahoo Finance India | Team Cansler

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DUBLIN, Nov. 22, 2022 (GLOBE NEWSWIRE) — The “Global Smart Learning Devices Market: Analysis by Subcategory (Learning Tablets, Learning Smartwatches, Translation Tools, Smart Education Robotics and Others), by Region Size, and Impacting Trends of COVID-19 and forecast to 2027” was added ResearchAndMarkets.com Offer.

The global smart learning devices market was valued at US$56.28 billion in 2021. The market value is expected to increase to $154.16 billion by 2027. Smart learning devices are sophisticated tools that enable learners to apply knowledge and skills more effectively, efficiently and easily.

These devices help create an interactive, collaborative, and visual paradigm that aims to increase student engagement and allow teachers to adapt to students’ talents, interests, and learning preferences. The Smart Learning Devices market is concerned with the production of smart learning devices for educational institutions, personal end-users and corporate organizations.

Factors such as increasing internet penetration, digital transformation, increasing demand for higher education and shift to e-learning are expected to drive the overall market growth over the forecast period. The market is expected to grow at a CAGR of approximately 18% over the forecast period 2022-2027.

Market Segmentation Analysis:

  • By Subcategory: The report offers to segment the market into five segments based on the subcategory: Educational Tablets, Educational Smartwatches, Translation Tools, Smart Education Robotics, and Others. In 2021, the educational tablet segment had the largest share of the global smart learning device market. Learning tablets offer additional features such as highlighting text, notes, dictionary, calculator and visual tools that make the learning process faster, easier and more efficient for teachers and students. Due to the growing importance of skills in robotics and programming, digitization and technology development, intelligent educational robotics is expected to be the fastest growing segment during the forecast period.

  • By Region: The report provides insights into the Smart Learning Devices market based on North America, Europe, Asia Pacific, Middle East & Africa, and Latin America regions. North America held the largest market share. Within North America, the United States is the largest growth market due to increasing demand for higher education, the increasing number of universities and colleges, and increasing investment in educational technologies.

  • Within Europe, Germany holds the highest market share while Spain is projected to be the fastest growing market for smart learning devices during the forecast period.

Market Dynamics:

  • Growth Drivers: The global smart learning devices market has been growing in recent years owing to factors such as the spread of the Internet, digital transformation, the rising demand for higher education, the shift to e-learning, etc. The Internet and ever-evolving technology have made learning interactive, engaging, motivating and practical as digital formats allow students to easily access content and tailor learning material to an individual’s learning pace, ability and interest, allowing students to personalize their education. This has created a demand for online learning courses and with it the demand for smart devices such as smartphones, PCs and tablets needed to access and study these online course materials. So, the increasing penetration of the internet has had a positive impact on the growth of the smart learning devices market.

  • Challenges: However, the market growth would be negatively impacted by various challenges such as security and privacy risks, poor technical education of teachers, lack of infrastructure, etc.

  • Trends: The market is anticipated to grow rapidly during the forecast period owing to various recent trends such as increasing adoption of BYOD (bring your own device), integration of AI into smart learning, increasing penetration of cloud computing, emergence of 5G, etc. in the recent years, etc. The integration of 5G networks into education will revolutionize connectivity issues and streamline classroom logistics while improving the quality of the overall learning experience. So, the advent of 5G will create greater demand for online learning courses and increase the demand for smart devices such as smartphones, whiteboards and tablets, which are needed for studying online course materials in the projected years.

key figures

  • Hewlett Packard Development Company LP

  • Foxconn Technology Group (Smart Technologies ULC)

  • NetDragon Websoft Holdings Limited (Promethean, Inc.)

  • Seiko Epson Corp. (Epson)

  • Lenovo Group Limited (Lenovo)

  • Alphabet Inc. (Google Cloud Platform)

  • Dell Technologies Inc.,

  • Samsung Electronics Co.Ltd.

  • apple inc

  • Huawei Investment and Holding Co.Ltd. (Huawei Technologies Co. Ltd.)

  • Fujitsu Limited

  • Platinum Equity LLC (McGraw Hill Education)

  • reading boy

  • BBK Electronics Corp. ltd (BBK Education Electronics Corp., Ltd.)

Main topics covered:

1. Summary

2. Introduction

3. Global Market Analysis

4. Regional Market Analysis

5. Effects of COVID-19

6. Market Dynamics

7. Competitive Landscape

8. Company Profiles

For more information about this report, visit https://www.researchandmarkets.com/r/w7z007

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