Smart Teaching and Learning Market Is Driven by Cost-Effectiveness The process of teaching and learning with the use of technologies can be described as smart teaching and learning. Additionally, this offers the flexibility of selecting a learning environment for the learners. Educational content is available in the form of video, text, and audio. The major reason for educational sector shifting toward smart teaching and learning is to get better outcomes and improve education quality. As a result of the increasing demand for learning analytic tools, for instance, student management systems, library management systems, content management systems, and reference management systems, corporate and academic users are becoming familiar with the benefits of these tools. The growth of the smart teaching and learning market is driven by numerous benefits provided by smart teaching and learning tools to learners, such as flexible learning, improved learning or teaching experience, the possibility to share and use information, and access to online tools and information, as per a report by P&S Intelligence. The demand for this tool is rising significantly because of the numerous initiatives implemented by governments all over the world to promote digital learning. The adoption of smart teaching and learning techniques in the academics trending in the smart teaching and learning market. But numerous business organizations are also implementing smart teaching and learning solutions to improve their business outcomes. Additionally, medium and small business organizations are more persuaded toward smart learning, because class-based training is costlier for these organizations. This has resulted in increasing the demand for the system. Cost-effectiveness is the major driver for industry growth. This is credited to the less cost of smart learning as compared to traditional training. Other reasons powering the industry are the increasing need for learning analytics applications for data analysis and collection tools in the business and academic sectors. Virtual schools are rapidly increasing in APAC, this has resulted in the transformation of the education system by offering effective learning and learner-friendly experience. The mounting implementation of smart education software and virtual learning methods is the main factor for the industry’s growth. Software, educational content, hardware, and services come under the products of smart teaching and learning. The major players providing the software in the industry are Educomp Solution, Adobe Systems, and Desire2Learn. Whereas, Samsung Electronics and Smart Technologies are the giants in the hardware category. Smart teaching and learning solutions are provided by Samsung Electronics and Smart Technologies and Cisco Systems; whereas, Pearson PLC and McGraw Hill Corporation are educational content providers. Due to the growing requirement for learning analytic applications, government initiatives in digital learning, and cost-effectiveness, the smart teaching and learning industry will grow even more in the future. Read More: https://www.psmarketresearch.com/market-analysis/smart-teaching-and-learning-market

The Global Smart Education and Learning Market was valued at USD69.48 billion in 2020 and is projected to reach USD182.67 billion by 2026. The rising number of virtual schools, shifting preference of the educational institutes, students and corporates towards smart methods of learning and emergence of connected devices is expected to positively influence the Global Smart Education and Learning Market in the coming years. The introduction of BYOD concept, learning management systems, favorable government policies across the globe are further expected to drive the growth in the industry. However, concerns related to the availability of internet services in remote areas and reluctance to transition from traditional methods to online learning are expected to limit the industry's growth. Download Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=1472 (Use your Corporate E-mail Id for Faster Response) For More Information Visit: https://www.techsciresearch.com/report/global-smart-education-learning-market/1472.html The major players operating in the global Smart Education and Learning Market are Samsung Electronics Co. Ltd., Alphabet Inc., Oracle Corporation, Pearson Plc, Microsoft Corporation, IBM Corporation, Panasonic Corporation, SAP SE, LG Electronics Incorporation., Blackboard Inc. These companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers and acquisitions and new product developments.