Smart Learning Systems Market, 2024 - Concept of BYOD and Change in Work Locations is Driving the Market Growth

DUBLIN, June 21, 2019 /PRNewswire/ -- The "Smart Learning Systems Market - Growth, Trends, and Forecast (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering.

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The smart learning systems market was valued at USD 57.5 billion in 2018, and is expected to reach a value of USD 130.7 billion by 2024, at a CAGR of 15%, during the forecast period 2019 - 2024

Schools and training centers are moving from traditional blackboard approach to integrating smart technology into learning environments.

    --  The concept of BYOD, which allows employees to use their personal
        devices such as laptops, tablets, and smart-phones for work, is gaining
        popularity. Changes in work locations, time zone barriers, and the need
        to access official and confidential data via employees' personal devices
        is resulting in increased demand for cloud services. In order to address
        these issues, IT service providers are now providing their cloud
        services tailor-made for smart-phones and tablets. This trend is
        expected to strengthen in the future, thereby pushing the market's
        growth.
    --  As e-learning is evolving, there is a need for skilled workforce to
        further develop the services and tools. In a report titled 'The Future
        of Jobs 2018', the World Economic Forum (WEF) said around 54 % of the
        global workforce had to be re-skilled or up-skilled to work in
        disruptive and digital technologies spawning the virtual world.

Scope of the Report

Businesses are changing and are also becoming more competitive, so end-users are demanding more effective database solutions that can increase productivity. At university level, institutions are adopting innovative methods, such as smart learning to provide alternative pathways and opportunities for students to develop relevant and valuable skills in line with industry needs.

Key Market Trends

Mobile Devices to Dominate the Market

    --  Mobile devices are growing for smart learning due to their portability
        and convenience regarding accessing content and for social interactions.
        Number of smartphone users are also increasing every passing day.
    --  Popular Learning Management Systems are launching mobile apps in the
        market to serve the mobile learning purpose.
    --  Students and teachers communicate effectively and efficiently with
        simple clicks to obtain feedbacks. The learning outcomes for both
        ability and knowledge can be smartly measured and observed through the
        latest ICT technologies.
    --  According to the latest survey by Learning House, 51 percent of
        respondents stated that they had used their phone or tablet device for
        reading required materials.

Asia-Pacific to Witness the Highest Growth

    --  Asia-Pacific is growing in terms of smart learning due to government
        initiatives in this region.
    --  India has the largest population in the world in the age bracket of 5-24
        years, which presents a large number of opportunities in the education
        space. In a partnership with the Andhra Pradesh Government, Samsung
        announced setting up of Samsung Smart Class at 14 government colleges
        across Andhra Pradesh, India which offer Bachelors of Education (B.Ed)
        and Diploma in Education (D.Ed) courses
    --  Chinese government is funding technology initiatives which is aimed at
        narrowing the gap between quality of education in rural and urban areas.
        There is a live streaming network that connects hundreds of students
        spread across a vast area of China's countryside.
    --  In 2018, Nanyang Technological University, Singapore (NTU Singapore)
        launched a new learning hub as part of the NTU Smart Campus vision. The
        learning hub is equipped with the latest technologies to support the
        flipped classroom pedagogy, wherein students learn the course content
        online before class and the face time with professors and classmates is
        devoted to collaborative learning.

Competitive Landscape

The market for smart learning system is fragmented with small and large players offering learning strategies supporting smart learning, such as formal/informal, personalized, adaptive, social, self-directed

    --  January 2019 - UAE Observed the first International Day of Education
        2019 discussing the importance of smart learning. Ministry of Education
        in Collaboration with Emirates Safer Internet Society announced to take
        initiative to promote Smart Learning in line with UN Sustainable
        Development Goal.
    --  November 2018 - ECS Learning Systems launched their first two TEST SMART
        powered by PREPWORKS learning centers in Coconut Grove and Key Biscayne
        in South Miami. TEST SMART delivers high quality blended learning and
        instruction to students seeking to improve their grades in the
        classroom, as well as maximize their scores on standardized tests for
        middle school, high school, and college admissions.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Concept of BYOD and Change in Work Locations is Driving the Market Growth
4.4 Market Restraints
4.4.1 Lack of Skilled Workforce to Evolve the Market is Discouraging the Market Growth
4.5 Industry Attractiveness - Porter's Five Force Analysis

5 MARKET SEGMENTATION
5.1 By Product
5.1.1 Hardware
5.1.1.1 Interactive Display
5.1.1.2 Student Response System
5.1.1.3 Mobile Devices
5.1.1.3.1 Smartphones
5.1.1.3.2 Tablets
5.1.2 Software
5.1.3 Service
5.2 By End User
5.2.1 Academic
5.2.2 Corporate
5.3 Geography

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Blackboard, Inc.
6.1.2 Pearson PLC
6.1.3 Ellucian Company
6.1.4 Smart Technologies Inc.
6.1.5 Promethean World
6.1.6 Desire2learn
6.1.7 Ellucian Company
6.1.8 Dell EMC
6.1.9 Citrix Systems, Inc.
6.1.10 Microsoft Corporation
6.1.11 SAP SE
6.1.12 Cisco Systems, Inc

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/a7b3i9

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