Global Smart Learning Devices Market to Reach $154.16 Billion by 2027 with a CAGR of 18%

DUBLIN, December 2, 2022 /PRNewswire/ — The “Global Smart Learning Devices Market: Analysis by Sub-Category (Educational Tablets, Educational Smartwatches, Translation Tools, Smart Educational Robotics and Others), by Region Size and Trends with COVID Impact -19 and forecast to 2027 report” has been added to from ResearchAndMarkets.com offer.

The Global Smart Learning Devices Market was valued at US$56.28 billion in 2021. The market value is expected to reach US$154.16 billion by 2027. Smart learning devices are sophisticated tools that allow learners to assimilate knowledge and skills more effectively, efficiently and easily.

These devices help create an interactive, collaborative, and visual paradigm that aims to drive student engagement and allow teachers to adapt to students’ talents, interests, and learning preferences. The smart learning devices market is involved in the production of smart learning devices for educational institutions, personal end users and enterprises.

Factors such as increased internet penetration, digital transformation, growing 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 approx. 18% during the forecast period 2022-2027.

Market Segmentation Analysis:

• By Sub-Category: The report provides the bifurcation of the market into five segments based on the sub-category: educational tablets, educational smartwatches, translation tools, intelligent educational robotics and others. In 2021, the education tablet segment held the largest share of the global smart learning device market. Educational tablets offer additional features such as highlighted text, notes, dictionary, calculator and visual tools making the learning process faster, easier and more efficient for teachers and students. Intelligent educational robotics is expected to be the fastest growing segment over the forecast period, due to the increasing importance of robotics and programming skills, digitalization and technology development.

• By Region: The report provides an overview of the Smart Learning Devices market based on regions, namely North America, Europe, Asia Pacific, Middle East & Africaand Latin America. North America held the largest market share. In North Americathe United States is the largest growing market due to growing demand for higher education, growing number of universities and colleges, and increased investment in educational technology.

• In Europe, Germany held the largest market share, while Spain is expected to be the fastest growing smart device market over the forecast period.

The story continues

Market dynamics:

• Growth Drivers: The global market for smart learning devices has been growing over the past few years, driven by factors such as increased internet penetration, digital transformation, growing demand for higher education, shift to e-learning, etc. The internet and ever-changing technology have made learning interactive, engaging, motivating and convenient as digital formats allow students to easily access content and customize study materials to suit the speed of learning, of an individual’s ability and interest, allowing students to personalize their education. This has created a demand for e-learning courses and hence the demand for smart devices like smart phones, PCs and tablets which are needed to access and study these online course materials. The growing internet penetration has therefore had a positive impact on the growth of the smart learning device market.

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

• Trends: The market is expected to grow at a rapid rate over the forecast period, owing to various recent trends such as growing adoption of BYOD (Bring Your Own Device), integration of AI in learning intelligent, the growing penetration of cloud computing, the emergence of 5G, etc. in recent years, etc. The integration of 5G networks in education will revolutionize connectivity issues and streamline classroom logistics while improving the quality of the entire learning experience. Thus, the emergence of 5G will create a greater demand for e-learning courses, which will drive the demand for smart devices such as smart phones, whiteboards and tablets necessary for studying media. online courses in the planned years.

Key players

• 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)

• reader

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

Main topics covered:

1. Summary

2. Presentation

3. Global Market Analysis

4. Regional Market Analysis

5. Impact of COVID-19

6. Market dynamics

7. Competitive landscape

8. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/do0skc

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