Accelerating IT Spending and High Penetration of Cloud Technologies to Augment Growth of Global Smart Education Software Market

Published Date : Oct 03, 2016

ALBANY, NY, Oct 03, 2016: has announced the inclusion of a new report, titled “Global Smart Education Software Market 2016-2020” to its repository. The report is presents insights into the factors aiding the proliferation of smart education software around the world and is available for sale on the company website. To provide a 360 degree overview, the companies operating in the market are profiled and their strategies are analyzed in detail. 

The report forecasts the global smart education software market to report a strong CAGR of 15% between 2016 and 2020. Factors such as the advances in technology and the increasing uptake of IT hardware solutions across developing economies are envisaged to support the market’s impressive growth during the forecast period.

The high penetration of cloud technologies is a key factor aiding the market’s expansion worldwide. Cloud-based learning analytics is an applications used to collect and interpret data to process efficiencies. Cloud-based solutions can aid various analytical and administrative activities, which is expected to result in the increasing uptake of smart education software during the forecast period.

Based on product, the global smart education software market has been segmented into software, hardware, and content. Of these, the content segment is expected to hold dominance in the market through the forecast period. The advent of novel e-learning methods and online education programs, especially in the field of higher educations, is expected to give impetus to the global smart education software market.

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In terms of end user, the market can be segmented into K-12 and post-secondary education. The analysts forecast the latter segment to dominate the market during the forecast period. The increasing competition in the employee market has created the need for better learning standards and analytical skills. This in turn is creating opportunities for the smart education technologies to proliferate thus giving impetus to the smart education software market.

Regionally, the Americas, EMEA, and APAC constitute the key segments of the global smart education software market. Holding over 33% of the global market 2015, the Americas emerged as the dominant regional segment. Furthermore, it is expected to report a CAGR of 13% between 2016 and 2020.

The global smart education market exhibits the presence of many international and domestic vendors. A majority of the industry giants are currently domiciled in the Americas and Europe, which is a crucial factor aiding the exponential growth of the market across developed regions. However, to strengthen their presence, the international players are currently focusing on penetrating into the regional markets. The accelerating IT spending across Asia Pacific is expected to bolster opportunities for international as well as domestic players.

To study the vendor landscape of the market, the report also profiles companies such as Adobe, Desire2Learn, Microsoft, Apple, IBM, Fujitsu, Lenovo Group, and others.

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