Global edtech, smart classrooms markets to hit $433B by 2030: report

Revolutionary strides in educational technology and smart classroom tools are among the leading forces in improving education quality, impacting teaching methodologies and learning experiences alike, according to a recent report by Global Insight Services.

Smart classrooms or classrooms fortified with interactive, digital technologies like LCD screens and collaborative whiteboards, have been on the rise, the report added. The study also found that these digitally equipped environments enhance student engagement and transform traditional learning experiences.

The report highlighted several promising trends in this educational technology sector. Cutting-edge tools such as artificial intelligence and machine learning are now being harnessed to offer individualized learning pathways for students. Immersive learning experiences are being crafted via virtual reality and augmented reality. The report also mentions the application of digital twins for mimicking real-world situations for experiential learning, and blockchain technology’s contribution in ensuring secure, unalterable student records.

The key propellers for the edtech and smart classroom markets are identified as the escalating digitalization in education, the growing requirement for personalized learning, the rising usage of mobile devices in education, and the increasing demand for distance learning. As a result of these driving factors, smart classrooms are experiencing heightened popularity, offering students the convenience to learn at their pace, anywhere, anytime, and in interactive, engaging ways.

The report segments the edtech and smart classroom market into components (hardware and software), end users (educational institutions, government and defense, corporate institutions, and others), and regions (North America, Europe, Asia-Pacific, and the rest of the world).

Prominent players in this evolving market, including Apple, Cisco Systems Inc., Discovery Communication, Dell, Fujitsu Limited, HP, IBM, Microsoft, Panasonic, and Toshiba, have been mentioned in the report. These tech giants, through their innovative solutions, are shaping the future of education, bridging the digital divide, and making learning a personalized, engaging, and transformative journey.