The digital classroom global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Digital Classroom Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The digital classroom market size has grown rapidly in recent years. It will grow from $164.58 billion in 2023 to $188.26 billion in 2024 at a compound annual growth rate (CAGR) of 14.4%. The growth in the historic period can be attributed to adoption of interactive whiteboards in classrooms, introduction of learning management systems (lms), implementation of e-learning platforms, proliferation of personal computing devices in education, growing access to high-speed internet in educational institutions.
The digital classroom market size is expected to see rapid growth in the next few years. It will grow to $354.68 billion in 2028 at a compound annual growth rate (CAGR) of 17.2%. The growth in the forecast period can be attributed to expansion of online collaboration tools in education, growing demand for cloud-based educational platforms, increasing investment in edtech solutions for remote learning, rise of gamification in digital classrooms. Major trends in the forecast period include integration of augmented reality (ar) and virtual reality (vr) in digital classrooms, adoption of artificial intelligence (ai) for personalized learning, emphasis on data analytics for student performance insights, integration of social learning features in digital classrooms, focus on cybersecurity in digital education platforms.
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Scope Of Digital Classroom Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers –
Strong internet penetration is expected to propel the growth of the digital classroom market. Internet penetration is defined as the number of internet users having access to the internet and that is measured by the number of users in a country. Access to the internet is fundamental to achieving the vision of a Digital classroom. Teachers and students mainly prefer online sources for gathering information on a topic and assignments. The potential of the Internet offers individual learners increase freedom from the physical limitations of the real world. For instance, according to the Education Week survey in 2021, a US-based independent news organization that has covered K–12 education, more than 75% of teachers reported that their pupils have reliable internet access at home, allowing for regular involvement in distance learning in the United States. Therefore, internet penetration drives the digital classroom market growth.
Market Trends –
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.
The digital classroom market covered in this report is segmented –
1) By Component: Solutions, Services
2) By Product: Digital Classroom Hardware, Digital Classroom Content, Digital Classroom Software
3) By Application: K-12, Higher Education
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Regional Insights –
North America was the largest region in the global market in 2023. The regions covered in the digital classroom market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the digital classroom market report are Jenzabar Inc., Discovery Education Inc., Ellucian Company L. P., Dell Technologies Inc., Blackboard Inc., Pearson Education Inc., DreamBox Learning Inc., Oracle Corporation, Educomp Solutions Limited, SMART Technologies Inc., Panasonic Corporation, Microsoft Corporation, Echo360 Inc., McGraw-Hill Education Inc., Saba Software Inc., Hitachi Ltd., LG Electronics Inc., Promethean World Ltd., Adobe Inc., D2L Corporation (formerly Desire2Learn), Google LLC, Samsung Electronics Co. Ltd., Sony Corporation, Creative Technology Ltd., Edmentum Inc., Knewton Inc., Coursera Inc., Udacity Inc., Udemy Inc., Pluralsight Inc.
Table of Contents
1. Executive Summary
2. Digital Classroom Market Characteristics
3. Digital Classroom Market Trends And Strategies
4. Digital Classroom Market – Macro Economic Scenario
5. Global Digital Classroom Market Size and Growth
…
31. Global Digital Classroom Market Competitive Benchmarking
32. Global Digital Classroom Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Digital Classroom Market
34. Digital Classroom Market Future Outlook and Potential Analysis
35. Appendix
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