Digital Classroom Market Size, Global Industry Analysis, Growth & Forecast 2023-2028
Global Digital Classroom Market By Product (Digital Classroom Hardware, Digital Classroom Content, Digital Classroom Software) by Application (K-12, Higher Education) Key Players and Region – Industry Outlook to 2027.
Report Metric
Historical: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
The global digital classroom market size reached US$124.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$242.5 Billion by 2028, exhibiting at a CAGR of 10.68% during 2023-2028.
What does Digital classroom mean?
A digital classroom is a technology-incorporated learning environment that relies on educational applications and websites to enhance learning. It also consists of feedback loops that ensure students receive inputs from their professors and vice-versa on a regular basis. It is an all-encompassing classroom facilitated by hardware, software, operating systems, and social media channels. Video conferencing, online whiteboard for real-time collaborations, instant messaging applications, participation controls, and breakout rooms are the commonly used tools in a digital classroom. Digital classrooms make use of electronic devices that facilitates easy access to learning materials and resources. This enables students to track their progress and professors to highlight student work.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Digital Classroom Market Trends:
The global digital classroom market is primarily driven by the increasing incorporation of the latest technology in the education sector. Digital classrooms are modern set-ups that make the learning process more interactive, creative, and less monotonous, thus assisting students in retaining the acquired knowledge for a longer period. It also results in an innovative and organized knowledge distribution system that consists of experimental and inquiry-based learning systems. Besides this, the introduction of learning analytics and cloud computing in digital classrooms helps minimize the expenditure on information technology (IT) systems.
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Furthermore, with the onset of coronavirus disease (COVID-19), governments of various countries are taking initiatives to develop the infrastructure of educational institutions and the quality of education by employing digital solutions. This has led to a safe learning environment for students without being physically present in schools.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global digital classroom market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type and application.
Breakup by Product Type:
- Digital Classroom Hardware
- Digital Classroom Content
- Digital Classroom Software
Based on the product type, the market has been segmented into digital classroom hardware, digital classroom content and digital classroom software. The digital classroom hardware segment currently accounts for the largest share.
Breakup by Application:
- K-12
- Higher Education
Based on the application, the market has been segmented into K-12 and higher education.
Regional Insights:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Region-wise, the market has been segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Amongst these, North America is the biggest market, accounting for majority of the market share.
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are Dell Inc., Jenzabar, Inc., Blackboard Inc., Discovery Education, Inc., Pearson Education, Inc., Promethean Limited, Oracle Corporation, Educomp Solutions Ltd., Ellucian Company L.P., Echo360, Inc., D2L Corporation, Unit4, APG & Co, SMART Technologies ULC, Dreambox Learning, Inc., and McGraw Hill
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