Global Smart Learning Devices Market: Analysis by sub-category (educational tablets, educational smartwatches, translation tools, intelligent educational robotics and others), by region size and trends with impact of COVID-19 and forecast till 2027
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 enable learners to assimilate knowledge and skills more effectively, efficiently, and easily.
New York, May 12, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “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 to 2027” – https://www.reportlinker.com/p06456931/?utm_source=GNW
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 i.e. North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. North America held the largest market share. In North America, the United States is the fastest 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 highest market share while Spain is expected to be the fastest growing smart device market over the forecast period.
The Asia-Pacific smart learning device market is segmented into six regions based on geographical operation, namely China, Japan, India, Korea, Australia and Rest of Asia- Pacific, where China held the largest share of the smart learning device market in Asia-Pacific. due to major investments in education and government initiatives.
China smart learning device market is further divided into two segments based on sub-category, namely B-based learning and C-based learning, where B-based learning in China represented the largest share and C-based learning in China is the fastest growing subcategory. . China’s C-based smart learning device market is divided into five sub-categories, namely educational robotics, educational tablets, educational smartwatches, translation tools and others, with educational tablets holding most of the market.
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 the digital format allows students to easily access content and customize study materials according to the speed of learning, ability and interest of individuals, 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.
COVID-19 impact analysis and way forward:
COVID-19 has brought many changes to the world in terms of reduced productivity, loss of life, business closures, closure of factories and organizations, and shift to an online mode of working . With the increase in digitalization due to COVID-19, there has been a shift towards virtual learning and online training programs in educational institutions and businesses, with the teaching process being undertaken remotely. and on digital platforms. This has led to an unprecedented push towards online learning and the use of smart devices like smartphones, tablets and e-books for course completion and continued work from home. Thus, COVID-19 has had a positive effect on the growth of the smart learning devices market.
The market for smart learning devices has been fragmented. Key Players of the Smart Learning Devices Market are:
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.
Huawei Investment and Holding Co.Ltd. (Huawei Technologies Co.Ltd.)
Platinum Equity LLC (McGraw Hill Education)
BBK Electronics Corp. ltd. (BBK Educational Electronics Corp., Ltd.)
BBK Educational Electronics Corp. ltd. is a leading supplier in China’s smart learning device market. Smart learning device service providers, such as Readboy, which have well-developed device portfolios with comprehensive digital education resource offerings and established distribution channels, are better positioned to seize future growth opportunities. . On the other hand, early entrants who have established business relationships with primary and secondary schools can take advantage of the expanding market for smart classroom solutions and tap into a wider customer base. Also, it is very important to maintain market share and launch more high-quality digital educational resources/products considering the intense competition in the industry. For example, Youdao Inc. proactively extended its product matrix to the listening module in September 2019; smart light in April 2022; and learning block in August 2022.
Read the full report: https://www.reportlinker.com/p06456931/?utm_source=GNW
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