Global Smart Learning Device Market to Reach $154.16 Billion by 2027 at a CAGR of 18% - Yahoo Finance

, /PRNewswire/ -- The "Global Smart Learning Device Market: Analysis By Sub Category (Educational Tablets, Educational Smart Watches, Translation Tools, Smart Education Robotics and Others), By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027" study has been added to  ResearchAndMarkets.com's offering.

The planetary astute learning instrumentality marketplace was valued astatine US$56.28 billion successful 2021. The marketplace worth is projected to turn to US$154.16 billion by 2027. Smart learning devices are blase tools which alteration learners to sorb cognition and skills successful a much effective, efficient, and casual manner.

These devices helps successful creating an interactive, collaborative, and ocular paradigm that aims to boost pupil engagement and let teachers to accommodate to students' talents, interests, and learning preferences. The astute learning instrumentality marketplace is progressive with accumulation of astute learning devices for acquisition institutions, idiosyncratic extremity users and firm organizations.

The factors specified arsenic accrued penetration of internet, integer transformation, rising request for higher acquisition and displacement towards e-learning are expected to thrust the wide marketplace maturation successful the forecasted period. The marketplace is expected to turn astatine a CAGR of approx. 18% during the forecasted play of 2022-2027.

Market Segmentation Analysis:

• By Sub Category: The study provides the bifurcation of the marketplace into 5 segments based connected the sub-category: Educational tablets, Educational astute watches, Translation tools, Smart acquisition robotics and Others. In 2021, the acquisition tablets conception held the largest stock of the planetary astute learning instrumentality market. Educational tablets provides further features similar item text, notes, dictionary, calculator and ocular tools making learning process faster, easier and businesslike for teachers and students. Smart acquisition robotics is expected to beryllium the fastest-growing conception successful the forecasted period, owing to increasing value of skills successful robotics and programming, digitalisation and exertion development.

• By Region: The study provides penetration into the astute learning instrumentality marketplace based connected the regions namely North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America held the largest stock successful the market. Within North America, the US is the largest increasing marketplace owing to rising request for higher education, rising fig of universities and colleges and expanding concern successful acquisition technologies.

• Within Europe, Germany held the highest stock of the market, whereas Spain is expected to beryllium the fastest-growing astute leaning instrumentality marketplace successful the forecasted period.

Market Dynamics:

• Growth Drivers: The planetary astute learning instrumentality marketplace has been increasing implicit the past fewer years, owed to factors specified arsenic the accrued penetration of internet, integer transformation, rising request for higher education, displacement towards e-learning, etc. The emergence of the net and ever-evolving exertion has made learning interactive, engaging, motivating, and useful arsenic integer formats let students to easy entree contented and customize the survey worldly based connected an individual's learning speed, quality and interest, allowing students to personalize their education. This has created a request for online learning courses and hence the request for astute devices similar astute phones, PCs and tablets which are needed for accessing and studying of these online people material. So rising penetration of net has created a affirmative interaction connected the maturation of astute learning instrumentality market.

• Challenges: However, the marketplace maturation would beryllium negatively impacted by assorted challenges specified arsenic information and privateness risk, mediocre method grooming of teachers, deficiency of infrastructure, etc.

• Trends: The marketplace is projected to turn astatine a accelerated gait during the forecast period, owed to assorted latest trends specified arsenic the expanding adoption of BYOD (Bring Your Own Device), integration of AI into astute learning, rising penetration of unreality computing, emergence of 5G, etc. successful caller years, etc. Integration of 5G networks into acquisition volition revolutionize connectivity issues and streamline schoolroom logistics portion improving the prime of the full learning experience. So, emergence of 5G volition make much request for online learning courses boosting the request for astute devices similar astute phones, whiteboards and tablets needed for studying of online people materials successful the forecasted 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)

• Readboy

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

Key Topics Covered:

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