Shibuya-ku, Tokyo, Japan, Japan, Oct 04, 2021, 01:22 /Comserve / -- The global Smart Learning market size is expected to grow from USD 36.7 billion in 2021 to USD 95.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 21.0% during the forecast period.
With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.
The global Smart Learning market size is expected to grow from USD 36.7 billion in 2021 to USD 95.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 21.0% during the forecast period. The increasing need for an interactive and engaging learning environment to drive the smart learning market. Smart Learning tools help organizations by providing seamless communication between employees. This improves the operational efficiency and productivity of the employees, thereby helping organizations to meet their business goals.
By learning type, the synchronous learning segment is expected to grow at a higher growth rate during the forecast period. Synchronous learning is online learning, which happens in real-time. In this type of learning, learners can interrupt the tutor and ask their doubts between ongoing sessions. Online communication helps learners’ stay-in-touch with their teacher and fellow students. Synchronous learning has features such as classroom engagement, dynamic learning, and instruction depth which differentiate it from asynchronous learning.
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The Final Report will cover the impact analysis of COVID-19 on this industry: Smart Learning Market - Insights by Leading Companies, Demand Analysis, Future Growth and Revenue Global Forecast to 2026
The Large Enterprises segment is expected to hold the larger market size. Smart learning solutions provide a uniform training platform which asl helps to assess employee performance across branches, thus providing a centralized contact system for the management. The traction of smart learning solutions has increased among large enterprises due to the increasing penetration of mobile devices along with the advancement in technologies.
The Asia Pacific (APAC) market is projected to grow at the highest CAGR during the forecast period. The APAC region is expected to be the fastest-growing market in the global Smart Learning market, owing to the rapid adoption of Smart Learning solutions. Government initiatives to promote the digital infrastructure are responsible for driving the adoption of video conferencing solutions in the region. The region has the highest student population, and with advancing technologies, there is a growing demand for eLearning and distance education. This has led to the rapid adoption of Smart Learning solutions in fast-growing countries, such as China, Japan, India and Australia.
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The Final Report will cover the impact analysis of COVID-19 on this industry: Smart Learning Market - Insights by Leading Companies, Demand Analysis, Future Growth and Revenue Global Forecast to 2026
The breakup of the profiles of the primary participants is given below:
• By Company: Tier 1 – 35%, Tier 2 – 40%, and Tier 3 – 25%
• By Designation: C-Level Executives – 45%, Directors– 30%, Others*–25%
• By Region: North America – 30%, Europe – 35%, APAC – 25%, and RoW** – 10%
Research Coverage
The Smart Learning Market is segmented into component, services, learning type, end user, and region. A detailed analysis of the key industry players has been undertaken to provide insights into their business overviews; solutions and services; key strategies; new product launches; partnerships, agreements, and collaborations; business expansions; and competitive landscape associated within the Smart Learning Market.
Table Of Content
1 INTRODUCTION 33
1.1 OBJECTIVES OF THE STUDY 33
1.2 MARKET DEFINITION 33
1.2.1 INCLUSIONS AND EXCLUSIONS 34
1.3 MARKET SCOPE 34
1.3.1 MARKET SEGMENTATION 35
1.3.2 REGIONS COVERED 35
1.4 YEARS CONSIDERED FOR THE STUDY 36
1.5 CURRENCY CONSIDERED 36
TABLE 1 USD EXCHANGE RATE, 2018–2020 37
1.6 STAKEHOLDERS 37
1.7 SUMMARY OF CHANGES 38
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