Published on : Dec 04, 2017
ALBANY, New York, December 04, 2017: Smart Classroom Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022 is the latest report added in the vast repository of ResearchMoz.us which talks about the global landscape of the smart classroom market for the given forecast period of 2017 to 2022. The research report covers the global smart classroom market in terms of the latest trends that are prevailing in the market, driving and impeding factors of the global market, and the opportunities that may arise in the global market during the course of the forecast period. The research report also offers an in-depth analysis of the present market dynamics and sheds light on the competitive landscape of the global smart classroom market. The study report is the compilation of the information collected through extensive assessment of the market and the data gathered from the professionals in the industry. The research report also offers vital information on the key market players that are currently plying their trade in the global smart classroom market. The report also maps the overall growth prospects of the global market over the course of the given forecast period of 2017 to 2022.
The global market for smart classrooms is expected to reach a valuation worth US$50.5 bn by the fall of 2017. The market is further projected to rise to a figure worth US$78.1 bn by the fall of the given forecast period of 2017 to 2022. The overall growth of the global market for smart classrooms is expected to be achieved with the help of an impressive CAGR of 9.1% over the aforementioned period of forecast.
The global market for smart classrooms has been experiencing a steady growth in the last few years because of the increasing use of cutting edge and advanced technology in the global education industry and the increasing support for the same from both consumers and governments alike. The global market for smart classrooms has been benefitted by numerous advancements in technology in otherwise unrelated sectors such as interactive whiteboards and projectors, which make use of high tech technology of touchscreen to facilitate efficient interaction with students. The considerable education help offered by such advances in technology is expected to enforce a stable growth of the global market for smart classrooms over the coming years.
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Depending on the type of component, the global market for can be segmented into interactive displays and whiteboards, learning management software, projectors, classroom management and assessment software, support services, and student response software among others. Of these the segment of projectors is expected to lead the demand from the global market for smart classrooms over the coming years of the given forecast period of 2017 to 2022. This growth of the projector segment can be attributed to the widespread adoption of projectors in the educational sector and their undoubted advantages in a wide range of education related applications. The segment of projectors of the global market for smart classrooms was valued worth US$14.9 bn in the year 2017. This valuation accounted for nearly 29.6% of the global market for smart classrooms. The growth of the projector segment is expected to be achieved with the help of an impressive CAGR of 6.7% over the given forecast period and is estimated to reach a total valuation of US$20.7 bn during the same period of forecast.
The global market for smart classrooms can be segmented in terms of key geographical regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Some of the key companies in the global smart classrooms market include names such as Panasonic Corporation, Samsung Electronics Inc., IBM Corp, HP, Cisco Systems Inc. and Apple Inc. among others.
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