Smart Learning Market size worth $ 151.65 Billion, Globally, by 2028 at 21.97% CAGR: Verified Market Research®

Smart Learning Market size worth $ 151.65 Billion, Globally, by 2028 at 21.97% CAGR: Verified Market Research®

PR Newswire

JERSEY CITY, N.J., Nov. 22, 2021

Smart Learning Market is majority driven by the outbreak of the COVID-19 pandemic, which is causing a massive impact on humankind as well as on business and education.

JERSEY CITY, N.J., Nov. 22, 2021 /PRNewswire/ -- Verified Market Research recently published a report, "Smart Learning Market" By Component (Hardware And Software), By End-User (Academic, Enterprises, Government), and By Geography. According to Verified Market Research, the Global Smart Learning Market size was valued at USD 30.72 Billion in 2020 and is projected to reach USD 151.65 Billion by 2028, growing at a CAGR of 21.97% from 2021 to 2028.

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Browse in-depth TOC on "Smart Learning Market"

202 - Pages
126 – Tables
37 – Figures

Global Smart Learning Market Overview

Smart Learning Market is majority driven by the outbreak of the COVID-19 pandemic, which is causing a massive impact on humankind as well as on business and education. Due to this pandemic, people are pushed to stay at home and work remotely ad schools and colleges are encouraged to follow Smart Learning and this adoption of e-learning from home has shown a favourably positive impact on Smart Learning Market. Furthermore, various benefits provided by online educations such as cost-effectiveness, convenience, and improved focus along with this smart learning have enabled both instructors and students to enhance their productivity. Additionally, continuous technical development such as improved connectivity of portable communication devices and advancement in learning technology is fueling the growth of improvement in the connectivity of portable communication devices.

Moreover, government's initiatives taken for digitalization and adoption of Smart Learning across the globe are accelerating the growth of the Smart Learning Market. For instance, For instance, in July 2019, Ontario's Ministry of Education (Canada) has made to pursue four online courses for high school students to graduate. However, network connectivity issues and Dearth of resources and infrastructure in under developing and some remote areas are anticipated to restrict the growth of the Smart Learning Market. Additionally, the lack of knowledge and expertise to operate online learning platforms and security and privacy concerns are hampering the growth of the Smart Learning Market.

Key Developments

Key Players

The major players in the market are Blackboard, SMART Technologies, Cornerstone OnDemand, Pearson, Adobe, IBM, Samsung, Sum Total Systems, Ellucian Company, and Cisco Systems.

Verified Market Research has segmented the Global Smart Learning Market On the basis of Component, End-User, and Geography.

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