Top 10 Edtech and Smart Classrooms Brands, Worldwide: Detailed Analysis 2024 to 2033

 

Overview

An educational ecosystem called a "smart classroom" incorporates cutting-edge technology to improve instruction and learning. Smart classrooms incorporate various multimedia elements such as music, video, animations, graphics, and more to enhance student engagement and promote a more profound comprehension of the subject matter. The global Edtech and smart classrooms market size is expected to grow from USD 122.13 billion in 2023 to USD 495.12 billion by 2033, at a CAGR of 15.02% during the forecast period 2023-2033. The market for educational technology aids in giving students access to remote learning environments. Edtech offers many important advantages.

 

Advancements in Edtech and smart classrooms

The global market comprises some of the leading companies in the cargo drone industry, such as Apple, Cisco, Blackboard, IBM, Dell EMC, Google, and Microsoft. This market is dynamic and competitive, and its future is expected to depend on things like price, adaptability to new educational methods, and ongoing technical improvements. For instance, in January 2022, Texthelp, a global pioneer in literacy and accessibility technology, has announced the premium debut of OrbitNote, a web software that makes PDFs more accessible from within the document, with the option to type, highlight, and create voice memos. OrbitNote will enable users to change and engage with digital documents in an entirely new way.

 

Government Initiatives and Regional Market Expansion

 

• As part of the Atma Nirbhar Bharat Abhiyan, a comprehensive program named PM e-Vidya was launched on May 17, 2020. Its goal is to offer multi-mode access to education by unifying all activities connected to digital, online, and on-air education. Additionally, DIKSHA is the country's digital infrastructure for states and UTs to access high-quality e-content for classroom instruction, along with QR code-enabled energized textbooks for every grade level.

 

• The 2024 National Educational Technology Plan (NETP): A Call to Action for Closing the Digital Access, Design, and Use Divides was produced by the U.S. Department of Education. This National Educational Technology Plan (NETP) until 2024 looks at how technology may help all students in elementary and secondary school achieve higher standards. Examples of schools, districts, classes, and states tackling the difficult task of creating systemic remedies for disparities in technology access, design, and use for educational purposes are shown.

 

Insights and Projections: Global Edtech and Smart Classrooms Market Analysis

The report provides a summary of the global top trends and future prospects for the global Edtech and smart classrooms market based on historical data sets (current trends, industry statistics, and emerging trends shaping the Edtech and smart classrooms industry’s future, preliminary estimates from 2020-2021, 2022, and 2023), as well as projections for the global Edtech and smart classrooms trends and future prospects for global regions in 2024 and 2025. This data-driven research offers users an industry-wide view of emerging technologies and innovative insights to help them make critical business decisions.  

 

Growth Factors and Emerging Trends in the Edtech and Smart Classrooms Industry

 

1. Decreased prices for online learning resources and internet data to accelerate market expansion

The low cost of e-learning resources and the rising use of mobile devices are considered game-changers for the expansion of the education sector. Europe, the United States, and emerging nations set the trend for internet and mobile penetration. While this is going on, emerging markets are predicted to grow significantly, and mobile devices are becoming indispensable for learning. As a result, explosive growth in the market is predicted for the near future. Additionally, there are a bunch of development prospects in the education sector right now. This rapidly changing sector is a result of institutions and students realizing the benefits of comprehensive learning environments and making ongoing investments in them. Approximately 3% of all education spending worldwide is devoted to digital infrastructure, according to education information vendor HolonIQ.

 

1. Digital transformation in the field of education

An important factor propelling the EdTech and smart classrooms industry is the continuous digitalization of education. EdTech solution adoption has surged as a result of growing awareness of the potential benefits of technology in improving teaching and learning experiences. The process of integrating technology into curriculum development, instructional delivery, student assessment, and administrative procedures is known as digital transformation in education. Furthermore, this motivation is driven by the need to raise accessibility and flexibility, enhance educational outcomes, and get students ready for the digital era.

 

Opportunities and Future Prospects in the Edtech and Smart Classrooms Industry

 

1. Growing government spending on education globally

The majority of countries have raised the percentage of investment in GDP, and governments everywhere have increased their spending on education. To satisfy the growing necessity of educating the next generation of learners, governments are investing in a variety of new and ongoing programs. Greenfield projects foster the growth and development of higher education institutions. For example, the Indian government anticipates spending more than USD 3.0 billion on a new Indian Institute of Technology (IITs). Governments, on the other hand, are incorporating cutting-edge technology like big data and IoT into brownfield projects that revive the antiquated infrastructure of higher education institutions.

 

List of Key Companies in the Edtech and Smart Classrooms Industry

1. Apple Inc.
2. Cisco Systems, Inc.
3. Blackboard Inc.
4. IBM Corporation
5. Dell EMC
6. Google LLC
7. Microsoft Corporation
8. Oracle Corporation
9. SAP SE
10. Instructure Inc.

 

Top 5 Players in the Edtech and Smart Classrooms Industry

 

1. Blackboard Inc.

 

Headquarters: D.C., United States

A division of Anthology Inc., Blackboard Inc. (Blackboard) is an online learning platform that offers creative solutions and enterprise technologies to institutions, businesses, government agencies, and teachers. Creator of educational software aimed at government and corporate clients, as well as those in higher education. With the help of the company's web-based education platform, which includes courses on data and analytics, learning management, accessibility and universal design, collaboration, and web conferencing, educators, and institutions can achieve their objectives through advanced learning. Blackboard Learn, Blackboard Collaborate, Blackboard Connect, Blackboard Mobile, Blackboard Open Content, Moodle rooms, and Blackboard Analytics are among the products offered by the firm. In addition, Blackboard provides a range of services, such as help desk-related services, student services, training, and consultancy. Innovative education tools and services from Blackboard benefit colleges, schools, districts, organizations, and businesses.

 

2. Cisco Systems, Inc

 

Headquarters: San Jose, California, United States

Cisco Systems, Inc. (trademarked Cisco) is a US-based global digital communications technology multinational company located in San Jose, California. Cisco designs, manufactures, and markets networking gear, software, communication devices, and other high-tech services and products. Cisco's products include Webex, OpenDNS, Jabber, Duo Security, Silicon One, and Jasper, and it specializes in specific technology areas whi Numerous industries are served by Cisco, including the oil and gas, banking, education, government, healthcare, mining, sports, media, entertainment, retail, utilities, and transportation sectors. The company uses distributors, resellers, system integrators, service providers, and direct sales representatives as channel partners to promote its solutions. Asia-Pacific, the Americas, Europe, the Middle East, and Africa are all regions where it conducts business.

 

3. Vedantu

 

Headquarters: Bengaluru, India

Based in Bengaluru Vedantu is a live virtual school that was founded with the goal of enabling every child in India to have access to and afford a high-quality education. Vamsi Krishna, Pulkit Jain, and Anand Prakash, three recent alumni of IIT-Bombay and IIT-Roorkee, founded Vedantu with the goal of democratizing access to high-quality education. It provides K–12 and test preparation classes in both group and individual settings. Students can use the app or website to take classes online in groups or individually. Online learning takes place in real-time, with interactive classrooms. In addition, the portal offers free content, micro-courses, live masterclasses in a variety of areas, and periodic evaluations to parents and students.

 

4. Whitehatjr

 

Headquarters: Mumbai, India.

Whitehatjr is a website that provides kids with online coding instruction. Children can receive one-on-one coaching in coding, including features like learning algorithmic thinking, coding structure, and code sequencing. Various subscription-based pricing structures are available, depending on the student's grade and the content being taught. Both iOS and Android smartphones can download its mobile app. The goal of Whitehat Jr. is to enable an entire generation to use technology as producers rather than just consumers.We instruct children on the foundations of coding, including logic, structure, sequence, and algorithmic thinking, so they may produce imaginative products like websites, animations, and apps. The goal of WhiteHat Jr.'s courses is to teach children the fundamentals of programming while also advancing their coding language ability.

 

5. Coursera Inc

 

Headquarters: California, United States

Coursera Inc. (Coursera) is a distributor of online education technology (Edtech). The company mostly provides instructional programs. It operates in three segments: consumer, enterprise, and degrees. The organization provides guided projects, courses, and specializations, as well as online degrees and certificates for entry-level and non-entry-level professionals, universities, and MasterTrack. It sells its products to individuals, businesses, universities, and the government. The company was previously known as Dkandu, Inc., but changed its name to Coursera, Inc. in April 2012. Coursera, Inc. was established in 2011 and is based in Mountain View, California.

 

Recent Development

 

• In July 2024, Blackboard, the newest version of Anthology's Learning Management System (LMS), was unveiled at Anthology Together, the premier event for educational technology. The flagship LMS, which was formerly known as Blackboard Learn, was honored for the third year in a row for surpassing the competition in feature development.

 

• In June 2024, a $1 billion AI investment fund was launched by Cisco Investments, the company's global corporate venture capital arm, to support the startup community and further the creation of trustworthy and safe AI technologies.

 

• In April 2024, leading online learning and skills marketplace Udemy has reported an increase in new customers and key alliances in Europe, the Middle East, and Africa (EMEA).

 

• In July 2023, Instructure, the premier learning platform and creator of Canvas, revealed that its partner program, The EdTech Collective, has gained over 100 new Edtech companies in the last year, bringing the total number of partners to over 850.

 

• In October 2022, the Edtech unicorn Vedantu announced that it had paid USD 40 million in cash and equity to buy Deeksha, a platform for preparing for competitive and board exams.

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

 

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

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