Smart classrooms are referred to the classroom education system which is equipped with advanced technologies and are designed to provide greater opportunities for teaching and learning. Smart classrooms integrate learning technology which includes utilization of computers, specialized software, audience response technology, assistive listening devices and others.
The global smart classrooms market is thriving on the back of growing competition among educational institutions to provide quality education. Education in today’s era plays an important role. Growing challenges observed amongst faculties for making their students understand what the learning module exactly means, coupled with analysis of the students by the teachers for efficient learning and better teacher student relationship, smart classrooms have proven to be an effective solution by creating optimized classroom productivity and activity monitoring for uninterrupted learning. Moreover, rising deployment of smart classrooms on the back of growing number of educational institutions around the globe is also anticipated to contribute towards the growth of the global smart classrooms market. According to National Center for Education Statistics, U.S. Department of Education, degree-granting institutions grew in the U.S. from 3231 number of educational institutions in the year 1980-81 to 4583 number of educational institutions in the year 2015-16.
The market is anticipated to record a CAGR of 9.37% throughout the forecast period, i.e. 2020-2028. The global smart classrooms market is segmented by component into hardware, software and services, out of which, hardware segment is anticipated to hold the largest market share as hardware forms the base of building a smart classroom. Moreover, growing deployment of smart classrooms across educational institutes around the globe and rising preference of utilization of technology in classrooms are some of the factors anticipated to contribute towards the growth of the segment in the global smart classrooms market. According to a 2017 survey on teacher’s classroom habits surveyed at 1001 U.S. full-time K-12 teachers by University of Phoenix, the statistics reported around 63% of K-12 teachers increasingly incorporating technology into their classrooms, with laptops and computers being the most commonly used resources.
Education in the recent era is not just limited to books. The process of teaching has gradually changed over the years and with the fast-developing changes occurring around the world, challenges are observed across each forwarding step amongst teachers and parents during the journey of education life in students. Smart classrooms are equipped with IoT devices that provide real-time automated feedback on the quality of lecture provided to the class by a teacher and the level of satisfaction attained by the student. Such a factor also helps increasing the efficiency of the teacher and the student and also helps to increase their productivity. Moreover, the ease of utilization of mobile learning applications, along with the rising number of e-learning content developed that is helping to contribute towards increased quality of education and open learning economy are some of the factors anticipated to contribute towards the growth of the global smart classrooms market. According to other statistics of the 2017 survey on teacher’s classroom habits surveyed at 1001 U.S. full-time K-12 teachers by University of Phoenix, around 71% of teachers allowed students to research subjects using the internet, followed by 64% of the teachers using games and simulations to aid learning.
According to the International Telecommunication Union (ITU), global internet penetration rate increased from nearly 17% in the year 2005 to over 53% in the year 2019.
Smart classrooms require using the internet as the applications can be accessed from anywhere in the world. With increasing internet penetration rate around the world, access to quality learning contents are also growing. Nations around the globe are implementing e-learning and digital education methodologies so as to increase the literacy rate amongst the people. According to the statistics by the UNICEF, youth literacy rate (population aged 15-24) around the globe increased from 81% in the year 1985 to 92% in the year 2018. The rising internet penetration coupled with the growing literacy rates and rising need for education technology, all these factors are anticipated to drive the growth of the global smart classrooms market in the upcoming years.
The market of global smart classrooms is still at a nascent stage as only big institutions are receptive towards the adoption of the technological changes. However, many educational institutes still lack knowledge about the benefits of smart classrooms which is anticipated to act as a barrier to the growth of the global smart classrooms market.
Our in-depth analysis of the global smart classrooms market includes the following segments:
On the basis of regional analysis, the global smart classrooms market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
North America market is anticipated to hold the largest market share on the back of presence of large number of leading players in the smart classroom ecosystem, along with the availability of numerous educational institutes who are receptive towards the latest technological change.
The global smart classrooms market is further classified on the basis of region as follows:
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