Smart Education and Learning Market Research Report- Global Forecast 2030

Smart Education and Learning Market Research Report Information By Software (Learning Management System, Learning Content Management System, Assessment Services, and Adaptive Learning Platform), By Hardware (Interactive White Boards (WBS), Interactive Displays, Interactive Tables, and Student Response Systems), By Application (Government, Enterprise/Business Education, NGOS And Association, Professional Services, and Healthcare) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) 鈥揗arket Forecast Till 2030

ID: MRFR/ICT/2124-HCR | 100 Pages | Author: Shubham Munde | December 2023         

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Global Smart Education and Learning Market Overview


Smart Education and Learning Market Size was valued at USD 238.5 billion in 2022. The Smart Education and Learning market industry is projected to grow from USD 285.2 Billion in 2023 to USD 834.8 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 19.6% during the forecast period (2023 - 2030). Increasing adoption of e-learning methods among corporate organizations to organize effective training programs for their employees and rising demand for interactive learning techniques, such as mobile educational applications and gamification are the key market drivers enhancing the market growth.


Smart Education and Learning Market Overview


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Smart Education and Learning Market Trends




  • Increasing adoption of e-learning methods by corporates is driving the market growth




The market CAGR for smart education and learning market are experiencing significant growth due to the increasing adoption of corporate e-learning methods by corporate organizations to provide their employees with effective training programs. E-learning methods have become a popular choice for organizations because they offer several advantages over traditional training methods, such as classroom-based training. Firstly, e-learning methods are more cost-effective compared to traditional methods. Traditional training methods require physical classrooms, instructors, and other equipment, which can be expensive. On the other hand, e-learning methods require only a computer, an internet connection, and a learning management system, which are much more affordable. Secondly, e-learning methods offer flexibility in terms of scheduling and pacing. With e-learning, employees can take the training courses at their own pace, on their own schedule, without needing to take time off from work. This flexibility is especially useful for organizations with employees who work different schedules or in different time zones.


Furthermore, e-learning methods are more interactive and engaging than traditional methods. Interactive features, such as multimedia content, quizzes, and simulations, can help to keep employees engaged and motivated throughout the training process. Gamification is another popular technique used in e-learning that can increase employee engagement and retention of information.


Moreover, mobile educational applications have become increasingly popular as a tool for e-learning. With the rise of mobile devices and the internet, learners can access learning content anytime, anywhere, through their smartphones or tablets. This flexibility and convenience have made mobile educational apps a popular choice for organizations that have employees working remotely or traveling frequently. Thus, these factors are driving the Smart Education and Learning market revenue.


Smart Education and Learning Market Segment Insights


Smart Education and Learning Software Insights


The Smart Education and Learning Market segmentation, based on Software includes Learning Management System, Learning Content Management System, Assessment Services, and Adaptive Learning Platform. The Learning Management System segment holds the largest market share, due to the growing demand for effective e-learning management solutions. Learning Management Systems offer several benefits, such as centralizing the administration of training programs, providing a platform for content delivery and tracking progress, and providing customized learning paths to individual learners.


Moreover, Learning Management Systems are essential for managing large-scale training programs, especially in corporate organizations. They allow organizations to track the progress of employees, assess their knowledge and skills, and deliver targeted training modules to address specific skill gaps. The need for continuous employee training and development is essential in today's rapidly evolving job market, and Learning Management Systems provide an effective solution for organizations to meet this demand.


Figure 1: Smart Education and Learning Market, by Software, 2022 & 2030 (USD billion)
Smart Education and Learning Market, by Software, 2022 & 2030


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Smart Education and Learning Hardware Insights


The Smart Education and Learning Market segmentation, based on Hardware, includes Interactive White Boards (WBS), Interactive Displays, Interactive Tables, and Student Response Systems. The Interactive Displays segment holds the largest market share among the various hardware segments of the Smart Education and Learning market. Interactive displays refer to touch-enabled displays that allow users to interact with digital content in real-time. The interactive displays offer a more engaging and immersive learning experience for students. They allow teachers to incorporate multimedia content, such as videos, images, and animations, into their lessons, which can help to capture students' attention and increase their participation in the learning process.


Moreover, interactive displays are easy to use, require minimal maintenance, and are compatible with various software and hardware components, making them a popular choice for educational institutions. Additionally, interactive displays can improve teaching efficiency, as teachers can quickly access and share digital content and learning materials, reducing the time and effort required for preparation.


Smart Education and Learning Application Insights


The Smart Education and Learning Market data, based on Application, includes Government, Enterprise/Business Education, NGOS And Association, Professional Services, and Healthcare. The Enterprise/Business Education segment holds the largest market share among the various application segments of the Smart Education and Learning market. The Enterprise/Business Education segment offers various benefits, such as improving employee performance, reducing training costs, and increasing employee retention rates. These benefits make e-learning an attractive option for organizations seeking to enhance their employees' knowledge and skills.


Smart Education and Learning Regional Insights


By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. North America holds the largest market share in the Smart Education and Learning market, owing to the presence of several key players in the region and a well-established infrastructure for technology adoption. The region has witnessed an increasing adoption of e-learning methods in corporate and academic institutions, which has driven the growth of the Smart Education and Learning market in the region.


Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure 2: GLOBAL WEIGHT LOSS MARKET SHARE BY REGION 2022 (%)
GLOBAL WEIGHT LOSS MARKET SHARE BY REGION 2022


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Europe Smart Education and Learning market accounts for the second-largest market share due to increasing focus on enhancing the quality of education and learning outcomes, and the adoption of advanced technologies in education. Additionally, government initiatives aimed at promoting e-learning and digital literacy have also contributed to the growth of the Smart Education and Learning market in the region. Further, the German Smart Education and Learning market held the largest market share, and the UK Smart Education and Learning market was the fastest growing market in the European region


The Asia-Pacific Smart Education and Learning Market is expected to grow at the fastest CAGR from 2023 to 2030. This is due to the increasing adoption of e-learning methods in academic institutions and the growing demand for upskilling and reskilling programs among employees. The region has a large population and a significant portion of it is young, which creates a strong demand for modern education and training solutions. Moreover, China’s Smart Education and Learning market held the largest market share, and the Indian Smart Education and Learning market was the fastest growing market in the Asia-Pacific region.


Smart Education and Learning Key Market Players & Competitive Insights


Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Smart Education and Learning market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Smart Education and Learning industry must offer cost-effective items.


In recent years, the Smart Education and Learning industry has offered some of the most significant advantages to education. Major players in the Smart Education and Learning market, including McGraw-Hill Education (U.S.), NIIT Limited (India), Pearson Plc. (the U.K.), Desire2Learn (Canada), SumTotal System Inc. (U.S.), Blackboard (U.S.), Promethean Inc. (U.K.) and Others.


McGraw-Hill Education is a major player in the Smart Education and Learning industry. The company offers a wide range of digital learning solutions that leverage the latest technologies, such as artificial intelligence, adaptive learning, and analytics, to improve learning outcomes and enhance student engagement. McGraw-Hill Education's smart education and learning solutions cater to a wide range of segments, including K-12 schools, higher education institutions, and professional training organizations. The company's offerings include adaptive learning platforms, learning management systems, digital textbooks, e-books, and assessment tools.


NIIT Limited is a global learning solutions company that provides a wide range of training and education solutions to individuals, corporations, and institutions. The company is headquartered in Gurugram, India and has operations in over 40 countries worldwide. NIIT's offerings in the Smart Education and Learning industry include a range of digital learning solutions, such as e-learning courses, learning management systems, and other technology-based learning solutions. The company has a strong presence in the corporate training segment, providing customized training solutions to organizations across various industries.


Key Companies in the Smart Education and Learning market include



  • McGraw-Hill Education (U.S.)

  • NIIT Limited (India)

  • Pearson Plc. (the U.K.) Desire2Learn (Canada)

  • SumTotal System Inc. (U.S.)

  • Blackboard (U.S.)

  • Promethean Inc. (U.K.)

  • Educomp (India)

  • Adobe Systems Inc. (U.S.)

  • Smart Technologies (Canada)

  • Ellucian Company L.P (U.S.)

  • Cisco Systems Inc. (U.S.)

  • Tata Interactive Systems (India)

  • Saba Software Inc. (U.S.)

  • Others


Smart Education and Learning Industry Developments


January 2020 Pearson PLC, a leading provider of education publishing and assessment services, has acquired Smart Sparrow Pty Limited, an ed-tech start-up company. The acquisition is aimed at enhancing Pearson's adaptive learning capabilities and accelerating the deployment of its Global Learning Platform (GLP). By incorporating Smart Sparrow's innovative technology, Pearson aims to strengthen its digital education offerings and provide personalized learning experiences to students. The acquisition will also enable Pearson to leverage Smart Sparrow's expertise in learning design, adaptive pathways, and simulation-based learning.


December 2020 Adobe Inc. has acquired Workfront, a top provider of tools for Collaborative Work Management. This acquisition is intended to deliver a unified platform that can support planning, management, and collaboration, enabling organizations to boost their overall productivity.


Smart Education and Learning Market Segmentation


Smart Education and Learning Software Outlook



  • Learning Management System

  • Learning Content Management System

  • Assessment Services

  • Adaptive Learning Platform


Smart Education and Learning Hardware Outlook



  • Interactive White Boards (WBS)

  • Interactive Displays

  • Interactive Tables

  • Student Response Systems


Smart Education and Learning Application Outlook



  • Government

  • Enterprise/Business Education

  • NGOS And Association

  • Professional Services

  • Healthcare

  • Others


Smart Education and Learning Regional Outlook




  • North America



    • US

    • Canada




  • Europe



    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe




  • Asia-Pacific



    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific




  • Rest of the World




    • Middle East




    • Africa




    • Latin America





Report Scope:

Report Attribute/Metric Details
Market Size 2022 USD 238.5 billion
Market Size 2023 USD 285.2 billion
Market Size 2030 USD 834.8 billion
Compound Annual Growth Rate (CAGR) 19.6% (2023-2030)
Base Year 2022
Market Forecast Period 2023-2030
Historical Data 2019- 2021
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Software, Hardware, Application, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled McGraw-Hill Education (U.S.), NIIT Limited (India), Pearson Plc. (the U.K.) Desire2Learn (Canada), SumTotal System Inc. (U.S.), Blackboard (U.S.), Promethean Inc. (U.K.), Educomp (India), Adobe Systems Inc. (U.S.), Smart Technologies (Canada), Ellucian Company L.P (U.S.), Cisco Systems Inc. (U.S.), Tata Interactive Systems (India), Saba Software Inc. (U.S.), and Others.
Key Market Opportunities 路聽聽聽聽聽聽聽聽 Growing demand for Bring Your Own Device (BYOD)
Key Market Dynamics 路聽聽聽聽聽聽聽聽 Need to reduce costs of training owing to rising budget and time constraints 路聽聽聽聽聽聽聽聽 Favorable government initiatives and growing investments for increasing the global literacy rate




Frequently Asked Questions (FAQ) :

The Smart Education and Learning Market size was valued at USD 238.5 Billion in 2022.

The global market is projected to grow at a CAGR of 19.6% during the forecast period, 2023-2030.

The key players in the market are McGraw-Hill Education (U.S.), NIIT Limited (India), Pearson Plc. (the U.K.) Desire2Learn (Canada), SumTotal System Inc. (U.S.), and Blackboard (U.S.)

The Learning Management System category dominated the market in 2022.

The Interactive Displays segment had the largest share in the global market.

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players鈥 financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
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