North America EdTech and Smart Classroom Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Component (Hardware, Software, and Services), Deployment Type (On-Premises, Cloud, and Hybrid), and End-User (Upto K-12 and Higher Education)

Code: TIPRE00017315 | Pages: 153 | Industry: Electronics and Semiconductor | Date: Dec 2020
Covid

Market Introduction

Online learning has become an integral part of best learning and teaching practices around North America.  EdTech and smart classroom solutions helps to enhance the quality of teaching and learning. The EdTech includes domains such as online learning, educational teaching and learning theories, and computer-based and smartphone-based learning. It has been widely adopted by various K-12 and higher education institutes to offer students better learning experience. EdTech and smart classroom is an assembly of several hardware and software systems, such as projectors, interactive displays, interactive whiteboards, printers, learning management, and classroom management modules. It is not possible to deploy all hardware components in one computer owing to the limited computation power; hence, a distributed computing platform is necessary for creating smart environment in schools and colleges. Also, digital advancements in education sector is expected to create a significant demand for EdTech and smart classroom in the coming years, which is further anticipated to drive the North America EdTech and smart classroom market.

Furthermore, COVID-19 is having a very devastating impact over the North America region. Presently, North America is the largest market in terms of revenue share of EdTech and smart classroom market. The region is characterized by the presence of developed nations such as US and Canada, where the demand of education technology solutions & services is quite high owing to the huge presence of EdTech companies, smart device manufacturers, cloud service providers, and high adoption of advanced technologies among schools and educational institutions. Education technology industry has been flourishing at an impressive pace in the US due to high adoption among end-users and growing investments and funding in EdTech start-ups. In terms of COVID-19 outbreak, US is the worst affected country presently in terms of confirmed cases and number of deaths, as per latest WHO reports. However, with more and more schools and universities continuing to adopt distance learning through virtual classrooms and online exams & assessment tools, in the wake of ongoing pandemic and closure of schools across major North American countries. Hence, the COVID 19 outbreak has a positive impact on the growth of few markets such as video conferencing, digital content consumption, virtual classrooms, and education technology among many others.


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Market Overview and Dynamics

The EdTech and smart classroom market in North America is expected to grow from US$ 27,978.8 million in 2019 to US$ 88,791.8 million by 2027; it is estimated to grow at a CAGR of 15.5% from 2020 to 2027. The North America region in expected to be the fast growing region, in terms of EdTech and smart classroom market revenue over the forecast period of 2020 to 2027. The high focus on education in North American countries, rising young population, huge demand of smart and connected devices among students, and growing number of EdTech startups are some of the factors that are driving the demand for education technology solutions in this region. In addition to the favorable EdTech market growth scenario, the growing popularity of e-learning/digital learning solutions coupled with rising trend of digitalization in education sector of all the major North American countries is boosting the growth opportunities for the market players operating in the North America EdTech and smart classroom market.

Key Market Segments

In terms of component, the hardware segment accounted for the largest share of the North America EdTech and smart classroom market in 2019. Based on deployment type, cloud held the largest market share in 2019. In terms of end-user, upto k-12 segment held a larger market share of the North America EdTech and smart classroom market in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the EdTech and smart classroom market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Apple Inc.; Blackboard Inc.; Cisco Systems, Inc.; D2L Corporation; IBM Corporation; Lenovo Group Limited; Microsoft Corporation; Oracle Corporation; SAP SE; SMART Technologies.

Reasons to buy report

  • To understand the North America EdTech and smart classroom market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for North America EdTech and smart classroom market
  • Efficiently plan M&A and partnership deals in North America EdTech and smart classroom market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America EdTech and smart classroom market
  • Obtain market revenue forecast for market by various segments from 2020-2027 in North America region.

North America EdTech and Smart Classroom Market Segmentation

By Component                                   

  • Hardware
  • Software

By Deployment Type

  • On-Premises
  • Cloud
  • Hybrid

By End-User

  • Upto K-12
  • Higher Education

By Country

  • US
  • Canada
  • Mexico

Company Profiles

  • Apple Inc.
  • Blackboard Inc.
  • Cisco Systems, Inc.
  • D2L Corporation
  • IBM Corporation
  • Lenovo Group Limited
  • Microsoft Corporation
  • Oracle Corporation
  • SAP SE
  • SMART Technologies  

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        North America EdTech and Smart Classroom Market – By Component

1.3.2        North America EdTech and Smart Classroom Market – By Deployment Type

1.3.3        North America EdTech and Smart Classroom Market – By End-User

1.3.4        North America EdTech and Smart Classroom Market- By Country

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           North America EdTech and Smart Classroom Market Landscape

4.1         Market Overview

4.2         North America PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           North America EdTech and Smart Classroom –Market Dynamics

5.1         Market Drivers

5.1.1        Digital Advancements in Education sector to Bolster the Market Growth

5.1.2        High Adoption of EdTech Solutions due to Growing Cloud Based Solutions

5.2         Market Restraints

5.2.1        Low Awareness and High Investment Costs

5.3         Market Opportunities

5.3.1        Huge Growth Potential in the North America Region

5.4         Future Trends

5.4.1        New Technologies Getting Collaborated for Improved Learning

5.5         Impact Analysis of Drivers and Restraints

6.           EdTech and Smart Classroom Market – North America Analysis

6.1         North America EdTech and Smart Classroom Market Overview

6.2         North America EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)

6.3         Market Positioning – Five Key Players

7.           North America EdTech and Smart Classroom Market Analysis– By Component

7.1         Overview

7.2         North America EdTech and Smart Classroom Market Breakdown, by Component, 2019 & 2027

7.3         Hardware

7.3.1        Overview

7.3.2        Hardware Market Revenue and Forecast to 2027 (US$ Million)

7.4         Software

7.4.1        Overview

7.4.2        Software Market Revenue and Forecast to 2027 (US$ Million)

7.4.3        Learning Management System

7.4.3.1          Overview

7.4.3.2          Learning Management System Market Revenue and Forecast to 2027 (US$ Million)

7.4.4        Student Information System

7.4.4.1          Overview

7.4.4.2          Student Information System Market Revenue and Forecast to 2027 (US$ Million)

7.4.5        Classroom Management System

7.4.5.1          Overview

7.4.5.2          Classroom Management System Market Revenue and Forecast to 2027 (US$ Million)

7.4.6        Classroom Assessment System

7.4.6.1          Overview

7.4.6.2          Classroom Assessment System Market Revenue and Forecast to 2027 (US$ Million)

7.4.7        Others

7.4.7.1          Overview

7.4.7.2          Others Market Revenue and Forecast to 2027 (US$ Million)

7.5         Services

7.5.1        Overview

7.5.2        Services Market Revenue and Forecast to 2027 (US$ Million)

8.           North America EdTech and Smart Classroom Market Analysis – By Deployment Type

8.1         Overview

8.2         North America EdTech and Smart Classroom Market Breakdown, by Deployment Type, 2019 & 2027

8.3         On-Premises

8.3.1        Overview

8.3.2        On-Premises Market Revenue and Forecast to 2027 (US$ Million)

8.4         Cloud

8.4.1        Overview

8.4.2        Cloud Market Revenue and Forecast to 2027 (US$ Million)

8.5         Hybrid

8.5.1        Overview

8.5.2        Hybrid Market Revenue and Forecast to 2027 (US$ Million)

9.           North America EdTech and Smart Classroom Market Analysis – By End-User

9.1         Overview

9.2         North America EdTech and Smart Classroom Market Breakdown, by End-User, 2019 & 2027

9.3         upto K-12

9.3.1        Overview

9.3.2        upto K-12 Market Revenue and Forecast to 2027 (US$ Million)

9.4         Higher Education

9.4.1        Overview

9.4.2        Higher Education Market Revenue and Forecast to 2027 (US$ Million)

10.        North America EdTech and Smart Classroom Market – Country Analysis

10.1      North America: EdTech and Smart Classroom Market

10.1.1     North America: EdTech and Smart Classroom Market, By Country

10.1.1.1       US: EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.1.1       US: EdTech and Smart Classroom Market, By Component

10.1.1.1.1.1    US: EdTech and Smart Classroom Market, By Software

10.1.1.1.2       US: EdTech and Smart Classroom Market, By Deployment Type

10.1.1.1.3       US: EdTech and Smart Classroom Market, By End-User

10.1.1.2       Canada: EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.2.1       Canada: EdTech and Smart Classroom Market, By Component

10.1.1.2.1.1    Canada: EdTech and Smart Classroom Market, By Software

10.1.1.2.2       Canada: EdTech and Smart Classroom Market, By Deployment Type

10.1.1.2.3       Canada: EdTech and Smart Classroom Market, By End-User

10.1.1.3       Mexico: EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.3.1       Mexico: EdTech and Smart Classroom Market, By Component

10.1.1.3.1.1    Mexico: EdTech and Smart Classroom Market, By Software

10.1.1.3.2       Mexico: EdTech and Smart Classroom Market, By Deployment Type

10.1.1.3.3       Mexico: EdTech and Smart Classroom Market, By End-User

11.        North America EdTech and Smart Classroom Market- COVID-19 Impact Analysis

11.1      North America

12.        Industry Landscape

12.1      Overview

12.2      Market Initiative

12.3      New Development

13.        Company Profiles

13.1      Apple, Inc.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Blackboard Inc.

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Cisco Systems, Inc.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      D2L Corporation

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      IBM Corporation

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      LENOVO GROUP LIMITED

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      Microsoft Corporation

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      Oracle Corporation

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9      SAP SE

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

13.10   SMART TECHNOLOGIES

13.10.1  Key Facts

13.10.2  Business Description

13.10.3  Products and Services

13.10.4  Financial Overview

13.10.5  SWOT Analysis

13.10.6  Key Developments

14.        Appendix

14.1      About The Insight Partners

             14.2      Word Index

LIST OF TABLES

Table 1.             North America EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)

Table 2.             US EdTech and Smart Classroom Market, By Component– Revenue and Forecast to 2027 (US$ Million)

Table 3.             US EdTech and Smart Classroom Market, By Software– Revenue and Forecast to 2027 (US$ Million)

Table 4.             US EdTech and Smart Classroom Market, By Deployment Type– Revenue and Forecast to 2027 (US$ Million)

Table 5.             US EdTech and Smart Classroom Market, By End-User – Revenue and Forecast to 2027 (US$ Million)

Table 6.             Canada EdTech and Smart Classroom Market, By Component– Revenue and Forecast to 2027 (US$ Million)

Table 7.             Canada EdTech and Smart Classroom Market, By Software– Revenue and Forecast to 2027 (US$ Million)

Table 8.             Canada EdTech and Smart Classroom Market, By Deployment Type– Revenue and Forecast to 2027 (US$ Million)

Table 9.             Canada EdTech and Smart Classroom Market, By End-User– Revenue and Forecast to 2027 (US$ Million)

Table 10.          Mexico EdTech and Smart Classroom Market, By Component– Revenue and Forecast to 2027 (US$ Million)

Table 11.          Mexico EdTech and Smart Classroom Market, By Software– Revenue and Forecast to 2027 (US$ Million)

Table 12.          Mexico EdTech and Smart Classroom Market, By Deployment Type– Revenue and Forecast to 2027 (US$ Million)

Table 13.          Mexico EdTech and Smart Classroom Market, By End-User– Revenue and Forecast to 2027 (US$ Million)

Table 14.            List of Abbreviation

LIST OF FIGURES

Figure 1.           North America EdTech and Smart Classroom Market Segmentation

Figure 2.           North America EdTech and Smart Classroom Market Segmentation – By Country

Figure 3.           North America EdTech and Smart Classroom Market Overview

Figure 4.           Hardware Segment held the Largest Share of North America EdTech and Smart Classroom Market

Figure 5.           Cloud held the Largest Share of North America EdTech and Smart Classroom Market

Figure 6.           Upto K-12 held the Largest Share of North America EdTech and Smart Classroom Market

Figure 7.           North America to Show Great Traction During Forecast Period

Figure 8.           North America: PEST Analysis

Figure 9.           North America EdTech and Smart Classroom Market- Ecosystem

Figure 10.        Expert Opinion

Figure 11.        North America EdTech and Smart Classroom Market Impact Analysis of Drivers and Restraints

Figure 12.        North America EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)

Figure 13.        North America EdTech and Smart Classroom Market Breakdown, by Component, 2019 & 2027 (%)

Figure 14.        North America Hardware Market Revenue and Forecast to 2027(US$ Million)

Figure 15.        North America Software Market Revenue and Forecast to 2027 (US$ Million)

Figure 16.        North America Learning Management System Market Revenue and Forecast to 2027 (US$ Million)

Figure 17.        North America Student Information System Market Revenue and Forecast to 2027 (US$ Million)

Figure 18.        North America Classroom Management System Market Revenue and Forecast to 2027 (US$ Million)

Figure 19.        North America Classroom Assessment System Market Revenue and Forecast to 2027 (US$ Million)

Figure 20.        North America Others Market Revenue and Forecast to 2027 (US$ Million)

Figure 21.        North America Services Market Revenue and Forecast to 2027(US$ Million)

Figure 22.        North America EdTech and Smart Classroom Market Breakdown, by Deployment Type (2019 and 2027)

Figure 23.        North America On-Premises Market Revenue and Forecast to 2027(US$ Million)

Figure 24.        North America Cloud Market Revenue and Forecast to 2027(US$ Million)

Figure 25.        North America Hybrid Market Revenue and Forecast to 2027(US$ Million)

Figure 26.        North America EdTech and Smart Classroom Market Breakdown, by End-User (2019 and 2027)

Figure 27.        North America upto K-12 Market Revenue and Forecast to 2027(US$ Million)

Figure 28.        North America Higher Education Market Revenue and Forecast to 2027(US$ Million)

Figure 29.        North America EdTech and Smart Classroom Market Revenue Share, By Country (2019 and 2027)

Figure 30.        US: EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)

Figure 31.        Canada: EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)

Figure 32.        Mexico: EdTech and Smart Classroom Market – Revenue and Forecast to 2027 (US$ Million)

Figure 33.          Impact of COVID-19 Pandemic in North American Country Markets
Some of the leading companies are:
  1. Apple Inc.
  2. Blackboard Inc.
  3. Cisco Systems, Inc.
  4. D2L Corporation
  5. IBM Corporation
  6. Lenovo Group Limited
  7. Microsoft Corporation
  8. Oracle Corporation
  9. SAP SE
  10. SMART Technologies
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America EdTech and smart classroom market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America EdTech and smart classroom market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the EdTech and smart classroom market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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